Musk is a billionaire. He has been shaking his head recently about the risks of Bitcoin and Dogecoin. He said that the crypto market is like a roller coaster, with prices going up and down without negotiation. Whoever invests knows, and the risk is very high!
What key points did Musk say?
First, prices are like the weather, changing at any time, and changing very quickly. Second, the market may be manipulated by some people, and if you are not careful, your money will be wasted. Third, these coins have no actual value after all, and the prices are all up to everyone. Fourth, the supervision is also foggy. When will it be tightened and when will it be relaxed? Who knows!
What impact will it have on Bitcoin and Dogecoin?
The price is expected to fluctuate up and down for a while. Everyone should be careful, don't jump in, and think carefully before investing. And the supervision may come to check, and by then, it is hard to say whether the coin can still be popular.
What is Musk's connection with these coins?
He is a die-hard fan of Dogecoin and often recommends it to people on Twitter. However, he is a little disappointed with Bitcoin, always saying that its mining is not environmentally friendly.
What do the experts say?
Some analysts think that Musk is reminding everyone not to be blinded by high returns. Investors also said that they should be careful not to put all their money in one basket, and to diversify their investments so that the risk is small.
Next, I will lead fans to lay out a few magic pills
Don't be a headless fly and bump around everywhere. If you don't want to take the big cake and want to rely on altcoins to fight for several times the return, but don't know which coin to buy, just observe the main thing and follow me to lay out the entire bull market! ! !
