Elon Musk Says He Is Buying the Dip

Elon Musk is one of the biggest influencers in the world. Love him or hate him he has the power to move markets. I'm not a huge fan, but this morning's tweets are much needed as the crypto markets have been bleeding.

I don't want to admit it, but Musk's tweets caused a rebound in the markets. I can't say how much his tweet helped because markets are in oversold territory already, but support is welcomed by my portfolio.

Investors appeared to be taking a breather after consecutive sharp declining sessions. I know I'm pretty tired of seeing the prices bleeding. Over the past seven days, Bitcoin has lost 30.1% while Ether has lost 30.8%.

I was pleased to see there were people giving Elon a hard time in the comments. I know they don't matter, but at least they make me laugh as I know his tweets make him millions.

The Elon effect has not carried over to Hive as prices are down, but I have told myself I need to make the most out of the dip since I have spare cash still laying around. I plan to make another Hive purchase if we dip back down to $.033.

Other coin I'm adding is NCT. My NCT buy is set at $0.0145

Posted Using LeoFinance ^Beta