Elon Is Making Me Poor
Cryptocurrency is the future, but right now it feels like everyone that has invested into different coins are dealing with the same hardships. Why is that? Elon Musk. Elon Musk is one of the greatest innovators in space travel and reusable energy, he will take us to Mars but right now a lot of people do not like him. On May 12th Musk tweeted out that he will stop accepting bitcoin with Tesla purchases because of environmental concerns over the mining process. Mining crypto in easy terms is basically the computer solving a math equation and in return you get a coin that you did have to pay for. The problem with mining is that since the Crypto Market never closes computers are running 24/7, wasting a lot of energy. Bringing Elon back into this he did state that he never sold any of his Bitcoin and I’m assuming he just wants to see the companies do things in a more environmentally better way, but what does this mean to the average Crypto buyer like myself and others? Do not sell, a lot of temptations to sell is inevitable when something goes bad you want to back out, but with Crypto being the future there is no reason to sell. If anything, now is the time to start investing because we will not see prices this low in a while. Some easy moneymakers are Bitcoin and Ethereum because those 2 coins are going to run the market in the future and since the price of both coins have basically been slashed in half you are almost guaranteed to make money from it. Go dump some money into Dogecoin too, Elon himself did say Dogecoin is going to the moon. Just trust the process and be patient, some of the earlier investors in Bitcoin are now millionaires from being patient.