Elon Musk once again trolled his crypto followers.
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Tesla CEO Elon Musk shared some of the worst advice for crypto investors on Twitter.
In response to an important tweet about risk management by Dogecoin co-founder Billy Markus, Musk jokingly advised his followers to do the opposite:
Elon Musk said that those who have the features mentioned above can buy crypto money.
The not-so-sound advice came after a questionable cryptocurrency inspired by the hit “Squid Game” series crashed to zero early yesterday. Its founders made a blatant exit scam and got away with $2.1 million. The cryptocurrency had been featured in major mainstream media outlets, including the BBC, before the explosion took place.
Musk Also Gave Advice Last Week
Last week, Tesla CEO advised crypto investors not to invest in cryptocurrencies at all and revealed that he only owns a portion of cryptocurrencies. Musk also distanced himself from the Shiba Inu frenzy by claiming that he does not own any SHIB tokens.
After relentlessly shilling Dogecoin in early 2021, Musk was attacked by the crypto community. DOGE then suffered a decline. The original meme is still 63% lower than its all-time high.