Look, bitcoin is an investment for Elon Mask. It is an asset for him. and another kind of share for him too. And that's a simple game that ultra-rich types play. Then don't sell their stocks or assets because they know if they sell they have to pay tax, but instead of selling their asset, they can hold it and take a loan from the bank by showing their holding. It is so simple, they don't need to sell their assets and pay the tax to the government. They get the money they need for expenses from the bank. It's simple, and when they need to pay the loan or interest, they sell some of their holdings and pay the debt. And again, they can take the load and live hapily. And he knows the potential of bitcoin and he knows the future will be made with bitcoin for him, so he holds the bitocin, which creates more hope and trust in bitocin for the investors who followed Elon Mask. That's my opinion; others can be different. Thank you.

He knows about the future of Crypto Currencies.Thats why he is going to hold for a longer period.Even I also think that this is the best idea to hold crypto otherwise we have to regret.
I am also holding my little amount of btc.

@elonmusk says that he still owns all three crypto assets Bitcoin, Ether and Dogecoin and has no plans to sell them at all.
Those words had made the price increase slightly before finally dropping back down.

this leads to speculation that can vary widely, but I conclude that the current tweet is not as devastating as it was when he did this to doge, is it because everyone no longer believes what @elonmusk is saying? maybe everyone feels that what @elonmusk is doing is a hoax and investors don't believe it anymore.

I don't care about Elon tweets, he can say whatever he wants like raising the price of Doge, but Elon tweets are no longer good for crypto and we have long abandoned anything Elon related. Without Elon then we also hold BTC for the long term.

Elon Musk's tweet is not necessarily true, you shouldn't believe Elon's tweet because Elon Musk could just make news that he will sell bitcoin with the aim of lowering the bitcoin price and investors will release bitcoin at a low price and this opportunity is waiting to buy in large quantities ,
Even though Elon Musk is a big shark, Elon Musk's words often deceive and create a scene in the crypto market, so be careful in responding to Elon Musk's tweets, don't be easily influenced.

I can say he has had a significant impact in the market although that has reduced  but still his tweet does. If I want to sell, I won't make an announcement about that which I think Elon musk too won't do even if he sells.

Do you think Elon Musk has also contributed in this dump and has he already sell his investment?
I know that whales and people like Elon Musk already know what is next for the market and they take exit at points where ordinary people fomo In. I am sure he is selling his bitcoins too along with the other whales.

He's emotionally unstable so nobody knows that but himself.

He can afford not to be out. For him a million here or a million there is like for you buying someone a beer. If I were him I would not be out so that nobody can question my integrity. My word would be more important than 1% of my portfolio because he's probably just in with something like 1% maybe even less.

Currently Elon Musk is one of the big whales and Elon Musk is very influential with the crypto market proven yesterday Elon Musk tweeted Doge and Coin Doge went up drastically but now the market is going down very deep I think with a market like this it is impossible for Elon to sell bitcoin assets.