Elon Musk has been hyping cryptocurrencies for years, especially the dogecoin. The self proclaimedDogefatheris boosting enthusiasm around the crypto coin and his comments have affected the market.
However, Musk said this week that he never ever told people to invest in cryptocurrency.
"I have never said that people should invest in crypto,"Elon Musk told the crowd during his virtual appearance at the Qatar Economic Forum after he was asked about the present state of cryptocurrency.
There is one particular crypto he likes, he clarified.
He also said that he continues to support$Dogecoin (DOGE.CC)$despite the meme token's crypto winter-induced 90% plummet from all-time highs.
Source: Shacknews
"I intend to personally support dogecoin because I just know a lot of people who are not that wealthy who have encouraged me to buy and support dogecoin, so I'm responding to those people," Musk said.
Musk continued. "In the case of Tesla, SpaceX, myself, we all did buy some$Bitcoin (BTC.CC)$, but it'sa small percentageof our total cash assets," he said.
Musk reiterated that$Tesla (TSLA.US)$supports dogecoin for some merchandise and thatSpaceX will soon do the same.
JACK454
:
look if u want a shot at being well off. invest 10 dollars a week. I throw that much away on candy or mtdew. so I feel that I am not losing any thing even if it goes to zero. But if the ones I invest in become close to one cent I'm in the Bahamas. so for meanie couple hundred dollars. I will take that chance. It's the only way I will ever have any chance for real money again. and if it doesn't happen in my life. my kids should be set I think.
学习钓鱼de渔夫 : He's gone
72733400 : Fuck you, Musk.
donnieb91 : dude, crypto is the biggest heist n the world.. j.s.
WolfOfWallStreet :
ohh2222 : Be careful with this big mouth, what comes out is all rice fields.
Masakaki_C : typical Elon musk flipping Pratap stunt
102984147 : the choice to buy/invest lies with yourself. same goes for time to sell or hold. learn before you take the plunge. don't finger point.
71264600 : He could say or do whatever the hell he wants.
JACK454 : look if u want a shot at being well off. invest 10 dollars a week. I throw that much away on candy or mtdew. so I feel that I am not losing any thing even if it goes to zero. But if the ones I invest in become close to one cent I'm in the Bahamas. so for meanie couple hundred dollars. I will take that chance. It's the only way I will ever have any chance for real money again. and if it doesn't happen in my life. my kids should be set I think.
NgKennykk : Nice statement. Hope Space X will
bring Meme Doge go to the moon one day we are waiting for the day to come.
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