Still I don’t get it right! What is this Bitcoin anyway. Big investors who were always against the crypto currencies have now silently invested in some of those and start pumping like crazy through YouTube channels. One example that strike me is Kevin OLeary. I see these days that he is trying hard to justify his change of action. A collectible investment for him? Good for him, not to us!
My take: Better stay out of all this BS. These big investors like Elon Musk and Mr wonderful can act and say the other way any time.... They don't have that emotions most retail investors have (that is what making them rich). Elon Musk's announcement the other day and other news with MasterCard etc all telling us that they try everything to pump Bitcoin up and then dump at a convenient time. Just imagine where Bitcoin will be if they announce that they dumped it and that Tesla is not going forward with payment options using Bitcoin... It will hit hard on all retail investors. So far I am not convinced and don't understand how Elon will take payment with such a volatile instrument! Think yourself and tell me otherwise.
I am not bashing the entire crypto, but trying to understand where it will end. Because watching most of the interviews/ videos, never saw anyone supporting the Bitcoin really understands the monetary concepts. So fr me almost all of them are just blind preachers trying to make their money.... And we will not even see most of them after a while...