Elon Musk has trolled his followers by giving crypto investors the most interesting advice ever. Elon Musk once again surprised his crypto followers. Elon Musk, one of the actors of the crypto realm, was on Twitter to share some of the weirdest advice that can be given to crypto investors. Details cryptocoin.com‘in.
Cryptocurrency advice from Musk
In response to a tweet about risk management by Dogecoin co-founder David Marcus, Musk jokingly advised his followers to do the opposite: believe everything they see online and blame it on others.
The not-so-sound advice came after a questionable coin inspired by the popular “Squid Game” series crashed to zero earlier today. Its founders committed a blatant exit scam and got away with $2.1 million in victim money. This cryptocurrency gained wide mainstream coverage from major mainstream media outlets, including the BBC, before the boom took place. Last week, Musk urged crypto people not to bet all their money on cryptocurrencies and revealed that he only owns a little bit of crypto. Musk has also distanced himself from the Shiba Inu spree by claiming that he does not own any SHIB tokens.
After relentlessly selling Dogecoin in early 2021, Musk was attacked by cryptocurrency holders after the price action went down. The original meme coin is still down 63% from its all-time high. In October, U.S. Securities and Exchange Commissioner Hester Peirce warned crypto buyers that celebrities who have launched their favorite cryptocurrencies will not compensate crypto space.
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