Buying bitcoin after an Elon Musk tweet is a perfectly rational move ...Middle East

Going by the spate of recent commentary on the stock market, we’re in the midst of silly season. People bought shares in a video game retail chain on the advice of anonymous Redditors. People are buying crypto because Elon Musk, the world’s richest man, tweets cryptic endorsements of it, or because his company has purchased $1.5 billion worth of it. This is all wild, irrational behavior, many pundits believe—amateur investors showing their amateurishness. “This is just the sort of silliness we need to get used to at this stage of the longest market bull run in history,” the Financial Times columnist Katie Martin wrote.https://twitter.com/elonmusk/status/1358584801003884544?s=20Investment gur

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