Home Altcoins News Elon Musk Clarifies Doge is Hustle to the Moon with a Warning

Elon Musk Clarifies Doge is Hustle to the Moon with a Warning

Moon Warning

One reason for several retail investors flocking to invest in BTC and cryptocurrencies like DOGE is Elon Musk. Since celebrity behavior is often copied, investors flocked in to invest in crypto in proportion to their investment capabilities.  This eventually led to an increase in the price of cryptocurrencies.

While the positive messages from Elon Musk about BTC and Doge encouraged investor interest, he has now recognized the depth of his influence in the market. 

Elon Musk tweeted:  “Cryptocurrency is promising, but please invest with caution!” 

This just means that investors should employ discretion in any kind of investment.  Users need to invest only the money they can afford to lose, even if it is cryptocurrencies highly recommended by their favorite celebrities.

Elon, in the past, has also made statements like, “I do at this point think Bitcoin is a good thing.”

In the 05/08 SNL event, he stated, “I’m a wild card, so there’s no telling what I may do.”

Sometimes after I say something, I have to say I mean it.

He pointed to how he wrote on Twitter:  “69 days after 4/20 again, Ha Ha.” Explaining why he wrote Ha Ha, he stated that he thought it was funny.

He acknowledged that he sometimes writes or posts strange things, “that is how my brain works. To anyone I have offended, I just want to say, I reinvented electric cars, and I am sending people to Mars on a rocket ship.”

Did you also think that I was going to be a chill, normal Dude? A lot of time, people are reduced to the dumbest thing I have ever did.

Maye, Elon Musk’s Mother, stated, ” I am excited about my Mother’s day gift. Hope it is not DOGE Coin.”

Elon Musk is promoting mass adoption of cryptocurrencies, but the warning remains.

He stated Doge was about as real as the US dollar. He is spot on with that evaluation.

Reportedly, Elon has been described as being mysterious, but it just looks like he was very clear about Doge Coin being a “Meme Currency.” Also, a lot of other replies to the same question “What is DogeCoin?” He stated it is the future of currency, the unstoppable financial vehicle that will take over the world. A cryptocurrency that you can trade for conventional money.

And, finally agreed that it is “A Hustle” To the Moon.

Clarifying, “First of all, I think people should not invest their life savings in cryptocurrency. To be clear, I think that’s unwise,”

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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