Elon brings attention. Is not bad in general for crypto.
More interesting is, What happens at an ultimate black swan event aka a bear market.
Sell off? Hodl? Panic? Regulations?
I think at the end, this will be the interesting part of the game. At the moment look the NGU and chill out :)
People can be easily manipulated. Many do not have long term vision, and they sell their crypto panicking in the first bear market. Later (when the price moves up again) they have regret. Or they simply do not even look at the market again.
Well we know what bear markets do to people, especially those that help to create the mania. They get wiped out and leave. We see this repeated over and over.
Fortunately, I do not believe it is question we have to deal with for another year or so. Hopefully by that time the development will have placed us a lot further ahead than where we are now.
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