The Diary Game 11/05/2021. Because He is What Really Mean an Influencer.
Tesla announced in February that it had bought Bitcoin for $ 1.5 billion and could soon sell cars in that currency. That was important news on many levels.
Or, if you want a broader context and a numerical example, the lowest value of Bitcoin in the last 52 weeks was a $ 3,797 sometime in early 2020 and yesterday's high was an all-time-high of $ 44,700 . An investment at the right time in the last year (regardless of the amount, because you can also buy fractions of bitcoin) could have brought you a return of 1200%.
This is not investment advice. Do not invest in cryptocurrencies unless you understand very well what they are, why their price varies and if you are willing to lose all the money invested. Volatility is very high.
Tesla bought those Bitcoin sometime in January. On February 8, he only declared the investment in documents required by the US authorities, on which occasion he found out about it.
Two weeks later, Musk put the hashtag #bitcoin in his Twitter biography. It has 46 million followers there. The price of Bitcoin then rose by $ 5,000.
Cryptocurrencies are evolving similarly in the market. Every time Dogecoin jumped, Bitcoin also enjoyed attention and growth, and from there Tesla also benefited.
With 46 million followers, any positive message from Musk about Bitcoin will increase its price. If Tesla's example is followed by other companies, the price will rise then, so here's what Musk says or does influences a market of hundreds of millions of dollars. This gives influencing! I said hundreds of millions. I don't know when Tesla invested in Bitcoin, but it is also possible that the idea came after the exchange of messages below LINK, from December 20th.
In other words, by the power of example, because he is an influencer, Musk brought his company $ 800 million in 2 weeks. It is the equivalent of selling 8,000 Tesla Model S cars, but money made with no other work than a few tweets. That’s influencing!
Now I'm curious what other companies will follow suit, buy Bitcoin in secret and try to pump the price through social media.
PS: when I mean that the 800 million was made from a few tweets, I mean that amount. How he made the initial $ 1.5 billion, and how he made those 46 million followers, is another discussion. He did a lot of work through those a cool book on the subject. Musk is, in fact, the richest man on the planet. It remains to be seen whether his tweets are not considered a kind of insider trading or unethical.
Uhmmmm bisogna marcare stretto Musk. Magari per la prossima moneta che cita....
devi aggiornare il post.....ah ah ah
non credo centri qualcosa. sapevo prima di lui che per un po' BTC viaggerà tra 49 - 55. troppo credit attribuito gratis.