BTFD!!!
Not BITCOIN at least. BTC took a nosedive when Elon said Tesla is no longer accepting BTC for purchasing Tesla vehicles.
If anyone could call the absolute bottom with certainty, they could rich. You would just buy as much as you could afford at the low.
Most likely do to insider information, only a few days later due to political reasons Tesla stops accepting Bitcoin, now many of us will not be able to afford Tesla's and sales will not be as high as they could be. We do not know the real reasons why Bitcoin stopped being accepted only 2 months after it was being accepted, but this is an stab on the back to Bitcoin holders trying to buy Teslas. Only a day before Elon was asking if he should accept Dogecoin and a majority of people said yes, and then he does the exact opposite. It is not logical, but there is probably some hidden reason. If he was truly concerned about the environment he would try to sell Teslas to as many people as possible, and not sabotage a cleaner coin such as Bitcoin for a dirtier one such as the petro dollar. Hope this post does not get censored, I believe in freedom of expression, and this post is not political.
Yes, most likely that is the case, but that is most likely due to Tesla ditching crypto. Both could be going up if Elon was not ditching crypto, a lot of crypto holders now will not be able to buy Tesla and may have decided to ditch Tesla after getting stabbed in the back. Its better to have friends than enemies. Many people lost money by trusting Elon on the purchase on Dogecoin which is not a serious investment.
This change by Elon was not arbitrary. New info has been released that significant new Bitcoin mining operations had recently started (after Tesla started accepting Bitcoin, early 2021 Feb) or significant percentage of older Bitcoin miners were revealed to be running on fossil fuel sources (especially coal). This is new info about a new trend.
