Quote from: iamsheikhadil on Today at 03:08:05 PM

I think buying at 30k$ isn't what I would do, I would have rather invested it into different coins other than putting it all in one crypto. With Elon Musk turning 180° on crypto, the future of a bull run seems dull to happen any soon. I am of the opinion that market will good down a lot more in the upcoming weeks.

Good points. China banning BTC and crypto trade platforms today (and any transactions to them) also bleaks the prospects.
Many big miners are from China and they will now have a very hard time converting BTC to fiat to pay electricity bills for example.

Musk also planted the seed of doubt by pointing out many large miners (especially in China) use coal energy to mine coins rather than hydro, solar or wind.

There are also rumors Tesla did a BTC dump, but those are only based on a vague single tweet.

I would diversify into ETH or smaller cryptos, but frankly believe I don't understand them enough to justify the purchase.

Bitcoin is somewhat easier to understand, at least for people who have been in the 'scene' since the early 2010's.