Elon Musk is going to invest in bitcoin and due to his tweet, we are seeing a lot of gains in the market, so bitcoin has already crossed 20000 dollars and recently
And the current price is around $ 26000
Now if Elon Musk enters it from here, it is even better that his entry is going to have a lot of effect on the market, what kind of effects will he have, what will happen in the teacher, what is the feature of bitcoin, this is what we try to know
First of all, we know that any coin has two sides, first positive and second negative in this way, we have to see both things in this way Advantage and Disadvantage G
So first of all know what will be its advantage or if we talk about how profit can come out of it, as if the price has become so high only after his tweet, then when he will invest this in the market There will be a shortage of BTC and we all know that if the supply is low and the demand is high, then its price will increase more, then it can be happened that in the next two-three months, bitcoin can cross almost $ 30000 and many more To a greater extent it is also a chance that $ 50000 bitcoin can go. If we invest in the short term, then it can be a very high chance for us to turn a profit, so here we are all seeing that Everything will go perfectly and we can earn more profits later but Friends Coin has two sides as we already told you in beginning. if Elon Musk invests in bitcoin then he will buy a lot more bitcoins so that the a very large whale is created in the btc market. due to which he will have so much bitcoin that he has a tweet .If he buy too btc, it is going to impacta the market very much. See if you understand one thing, if we have to keep saying profit, then the most important thing here is there is less whale in market and should be that there is a little decent amount of bitcoin in everyone. Due to the this, even if one supplies more and demand less , even then there is not much impact on the bitcoin, but here when we are talking about Elone mask, according to some sources, he want to transfer her all assets to bitcoin. So now, if you think that their assets were transferred to Bitcoin, how much he can impact on the market, that's why the futures after 2 years, if they ever had to sell their bitcoins, then at that time the value of bitcoin can be down than $ 300. Yes, bitcoin may fall so much, Friends can fall so much, so much can be put together, there is a huge dish advantage to invest Wales in market and if something like this happens, the future of bitcoin is really very much in danger. And this is not just a matter of bitcoin But we can apply this formula on the stock market, or on some other crypto currency, we can see the same way the whole game is about demand and supply, whether it is crypto or stock market, From here the big whale are not very much beneficial for any market for any field for any time, bitcoin will be rise and profit will also be ours, but in the future we can get a lot of fluctuations in Bitcoin after investing Elon Musk it's may be profitable or you know what I am trying to say so please share your opinion in the comment so the people also good try to decide what decide what they do do after this