Please ignore celebrities

For example, when Musk revealed that his company, Tesla, had bought $1.5 billion of bitcoin, the crypto’s price surged 17%.

When Musk pumped Dogecoin, it popped 50%.

On the flip side, last week, when Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the crypto fell almost 10%.

Now we have people like Floyd Mayweather marketing Ethereum Max which is clearly a rug pull. We have to remember that there's a good chance that manipulation is occurring but since I'm not a financial advisor, I will stick to my guts and say this is becoming a rich man's game similar to stonks.

Its clear that Elon Musk is into the idea of BTC after todays tweets about allowing btc again as a form of payment towards Tesla if it hits his goal of environmentally friendly regulations, but why as investors does this matter to us?

Elon and Tesla aren't the single factors to the success of crypto and its not even his space. Elon specializes solely on Tesla. We need to begin focusing on the leaders of the projects who are calling the shots and constantly finding improvements on their goals.