Elon Musk: China will never be able to replicate our technology.
China:
How most people fail in crypto:
> They feel they have “conviction”
> Price goes down
> They don’t sell
> Price goes down
> They don’t sell, it’s at support
> Price goes down, support breaks
> They sell everything
> Price reclaims level
> They wait for lower
> Price goes up
> They wait for lower
> Price goes up
>They wait for lower
> They wait for lower
> Price goes up
> They wait for lower
> Price goes up
>They wait for lower
> They wait for lower
> Price goes up
> They wait for lower
> Price goes up
> HOLY CRAP, NEW ALL TIME HIGHS
> They buy
> Price goes up
> WAAAAAAAHOOOOOOOOOOOOO
> Price goes down
> They wait for more upside
> Price goes down
> They wait for more upside
> Price goes down
> They wait for more upside
> Price goes down
> They wait for more upside
> Price goes down
> They look for a bounce to sell
> No bounce, price goes down
> They look for a bounce to sell
> No bounce, price goes down
> They look for a bounce to sell
> No bounce, price goes down
> Their portfolio is -95%
> They are now a community member
Game over.