Hey everyone, Elon Musk has pulled another stunt again! 🐶

This time, it’s not him posting dog-head emojis on Twitter, and it’s not him shouting “woof” on a stand-up comedy stage. Instead, he went straight for a “crypto crackdown” in court—“Most cryptocurrencies are scams, except for Bitcoin.” 👀

Does that sound painfully familiar? It’s basically a live, on-the-spot version of the crypto world’s “jerk boyfriend quotes”! Let’s break down this “Mars’ richest man”’s legendary move:

With his mouth, he says “most are scams,” but his actions couldn’t be more honest. As early as the 2021 bull market, he led Tesla to spend $1.5 billion to buy Bitcoin. So what happened? In 2022, he quietly cashed out 75%. He even perfectly missed the big move later when BTC broke 125,000 US dollars—though that’s a huge bite he didn’t take. Still, Tesla’s balance sheet is sitting on 11,509 Bitcoins to this day, valued at nearly $800 million, with the unrealized profit margin directly doubling! This isn’t bearishness. This is a high-end player’s mindset of, “I’ll insult you, but I still want to make money off you.” 🤣

So is Musk’s move in court just “smooth talk,” or is it the truth he blurts out after a few drinks?

I think what he said, even if it stings, actually has some “life-saving” value for us retail investors. After all, 99% of projects in the crypto space truly can’t even survive a full bull-and-bear cycle. Instead of chasing hot trends every day and acting as the “bagholder,” it’s better to cool down and ask yourself: are the coins you hold actually the “chosen ones” that can make it through the ups and downs—or are they the “scams” Musk talks about?

Do you think Musk is genuinely bearish this time, or is he playing his “attention economy” game again? Drop your thoughts in the comments and let’s see who the real “Musk prophet” is.