Bitcoin Forum

I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst of market to bitcoin. I do not know the reason behind the good market o bitcoin but as I learn about it that when demand is higher for bitcoin the market price for each bitcoin will also be directly proportional to its market price.

I just wonder if you want to earn in bitcoin investment then a smart investor would invest in while bitcoin is cheaper and not the current price.

Is there any reason we can think of why people love to invest in bitcoin while market price is high?

Being a smart investor doesn't necessarily mean that you only buy when prices are "cheap". You can still be a smart investor if you invest in businesses or assets that you think will be worth a lot more in the future(assuming you've done the research), regardless of current price.

To answer your question, it's pretty simple. People buy at current prices because they think it will be worth more in the long term.

Also, define "high"? Bitcoin being at 15k, which is approximately 5k away from the all-time high, doesn't make it's price "high". Personally, as a dude who's long-term bullish on bitcoin, I'd even say that 20k is "cheap" when talking about potential future prices.

I'd invest in it at any price, honestly. I just know that it gets harder and harder to mine coins, which means the only way price should theoretically move is upwards. The fact that Bitcoin is not linked in any way to our current financial system makes it 100x better.

When people seek for a refuge, they'll become interested in cryptocurrencies. They're just "standalone", uncontrolled. Then, last but not least, privacy is lately fading out and people will want something to get their privacy back. Bitcoin is here for that, although unfortunately a lot of people do not use it the right way and expose their fingerprints and identities everywhere around.

I'd buy at any price because, as @mk4 said above, I personally consider it to be cheap today compared to what I'm personally predicting. It's likely all about time before the next insane bull run begins.

Aside from getting FOMOd, mk4 is right, if you are for long term on Bitcoin, you will buy at any price even when Bitcoin before lost almost 70% from all-time-high price, but in that case, some are really afraid to buy but now, they think the current price of Bitcoin is too much high.
Another reason is like they recently appreciate how Bitcoin really worth of investment since maybe they notice how Bitcoin rise on how many dumps or pumps happened during these past years.

People want to believe that this trend will be even higher and bitcoin will cost much more in the next week. That's why thy are buying more. Thats named FOMO

I think, good investor doesn't think that bictoin price is high, as long as they know that it still get higher in the future. They know that its current market price is not yet its permanent price but it will still get even more higher as the demand for bitcoin it getting higher and higher because of its popularity.

If you consider the price changes in Bitcoin retrospectively, you would realize that the term 'cheap' doesn't really apply. Every spike in price does not make Bitcoin expensive, it's only higher in value than it was some time ago, but as mk4 said, if you consider it to be lower in value than it could be in a future time range, then it is still a good investment.
Investors may have seen spikes like $300-$1000 and assumed Bitcoin to have become expensive and choose to wait for a correction, meanwhile the market rode that waves to as high as $20,000.

The market price is connected to the fundamentals of Bitcoin. Bitcoin has qualities which an average Joe can think; 'I would want to own one (or a fraction) of that because of <inserts unique quality>', and an investor who may not be interested in those qualities could still want to own Bitcoin cause they feel the demand for it would increase making it a wise investment for profit.
The more demand grows the moe valuable it gets.

There are many factors of people who choose to invest in bitcoin rather than investing in companies, because they think it is better to invest in bitcoin if they already understand bitcoin, and for them they are also free to withdraw their funds whenever they want.

In my opinion, bitcoin is an independent investment alias it is not under the auspices of any government or organization and its existence has been supported and validated by many parties so that it has a strong and protected influence.
Investing in bitcoin is very promising and profitable if investing in the long term and the freedom to use it, in the past bitcoin was underestimated by investors and over time became a massive investment arena for investors and even became a means of transnational transactions.
and many other advantages.

I take my most decision based on Technical charts and charts show that BTC is up trend now and that is number 1 reason and second reason is election in USA is over now. Hence, US stock market will certainly witness a post elections rally and because of strong correlation, the BTC will rise as well.

Not all people buying bitcoin -even at this price- are buying it because of an investment that they would cash out -sell off- in a long or short term. There those who won't sell their bitcoin just to have gains in fiat even if the price gets to $50,000, those are proud bitcoiners, knowing bitcoin utility comes first before bitcoin fiat value, those are the people hoping more than others -investors- that bitcoin get more adoption, and even someone realize this at anytime and chooses to buy, then that could be a reason more than investing.

But it really depends on the intended profit and how long one's willing to wait to get that profit. As for me, the price is pretty high right now, and I am not a person who dreams of Bitcoin worth $50k or more. I prefer stability to bulls and bears. $15k is a very good price, and I'd be glad if Bitcoin just stabilized here, the fees normalized and more places started accepting Bitcoin as payment. I would like to be able to use Bitcoin without selling it for fiat all the time. And if the price has to be lower for this, I don't mind. Bitcoin is still largely considered an investment, but I think it undermines what Bitcoin is.

The way Bitcoin works simply doesn't allow it to be stable. If you're looking for something stable, Bitcoin just isn't it and the past shows it quite well. And tbh, I think a lot of people would lose interest in BTC if it became stable. It's one of the most fascinating things about it. ;D

Fees can't be "normalized" if more places start accepting Bitcoin. When demand/number of txs increases, the mempool clogs up. This is one of the reasons it is still largely considered an investment rather than a currency.

Well, I think this is double-edged honestly. While there are some users out there who are using it more as a currency than an investment, we have to think of potential consequences of it becoming more of a mean of exchange than anything else. I don't think we have any fiat currency today that is volatile, so paying for stuff isn't a mess in our daily lives. But Bitcoin is the opposite - imagine paying for an online order worth $1k while Bitcoin's price increases substantially. Before your tx gets confirmed, you'll want to use RBF to get back your money as you now basically have a pending payment worth way more than $1k.

People who invest when we have a bull market do so because they want to profit from a short-term investment, hoping that in a month or two the price will be even higher. They are not among those who have a surplus of money and can afford not to need that money in the next 3-5 years, and the only indicator that they need to invest is a significant price increase.

Such investment of course has its advantages, but it does not bring a profit like the one made by long-term investment. Anyone who invested at the time of halving a few months ago today has already doubled their investment, anyone who invests today and wants to sell by the end of the year can probably count on a maximum of 20% to 30% profit if the price reaches the previous ATH - and it is not impossible to year ends with a price close to $10 000.

One reason is they where hyped and got carried by bitcoin rising in value in a fast phase, they buy because someone said that hey this is good go hop in. Second reason is too much hope or lets just say too much expectation without the proper research, they think that bitcoin price is pumping I should ride and get some money but ended up losing a ton just like what happened to many when bitcoin reaches $20k mark back in late 2017.

I think they have an analysis that bitcoin will continue to rise in the next week or next month.
Even if their analysis is wrong, they will not be afraid. Because the bitcoins they have bought will not be lost.
They only need to wait for the bitcoin price to be above their purchase price, after that they sell.

I think as long as BTC remains 13200 , it is worth buying and I am pretty sure history of 2017 will be repeated once again and it will break it all time high Record. The lesson of the History is that it always repeats it self and Dilemma of human is we never learn lesson from history.

Market price being high is just dependent on the prices these past few months, we've experienced an ATH of around $18k, so calling it hight should be wrong imo. Also if you were to compare it to the past when it rose to the ATH, and now, you could actually see a difference in where the growth today is gradual, and hopefully would continue to do so in the future, to provide a solid foundation for the market price. The priice reached ATH back then could be described as a bubble, which isn't really something you'd want to see in an investment you want to grow.

Plus, no matter when you buy, most people would still think they'd profit. It may not be today, tomorrow, or the next week, next month, but as long as you wait, but there's little doubt for most people that they would still profit, mostly due to their trust with Bitcoin as a form of investment.

Agreed, I believe smart trader is what he really want to define and not investors. Investors always enter to a business that has a future price growth regardless what is the current as long as it show a good sign of future gains.

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Answering OP, The reason why people still entering while price is high is because of the word "Opportunity". Most the traders wait for this price pump for so many years and do you think you can wait again another 3 years to buy cheap BTC while you know that BTC can go higher on the current price due to its previous ATH?

And also, in trading, The best way to enter in to a position is when there is a clear price trend. On this case, BTC is on bull run and riding the wave is the safest way of trading rather wait for low price to buy without any confirmation.

While for many people the current Bitcoin price is relatively high, for other it might be a low price. Therefore they buy every dip they catch. ;)

If Bitcoin is really a proof-of-value asset aka a better version of Gold, its price should be in the upper $100,000s. In order to have liquidity at that levels we need massive institutional support. The good news is we see companies and funds constantly accumulating. I'm confident that slowly we'll get there.

If I would live in hyperinflationary countries like Venezuela I would be mega happy to put all my savings into Bitcoin if I wouldn't have access to precious metals ETFs in which case I would create a portfolio. :)

Yes its true that the bitcoin price depends on the demand and as of now bitcoin demands is taking its step due to pandemic that causes the decrease demand of fiat money.

If you just compare the current price of bitcoin from the price of it when its in its peak value I would say its much less expensive and as the current flow of the crypto market due to pandemic bitcoin price will once again raise its value and investor will take the opportunity to invest before it happens.  

Well investing on a bitcoin when its high makes the investing more profitable.

They don't love it they just don't know how to enter a market and when they are waiting for the Bitcoin's price to really go low.
However they don't have any idea when was the low and they might missed it so now that we are on the bull run that the only indication  that they will buy.
I think they were just trying to invest while the Bitcoin's price is not that high and they are expecting it to increase more.

What makes you think the current price is not cheap?

The ATH price is 20 thousand dollars. We are at 14 thousand. I could argue that compared to the ATH the current price is cheap as it's almost 30% cheaper than the top price.

I invest because we are in a bull market and based on the past performance of Bitcoin I expect the price to go beyond the last ATH in this bullish wave.

Many were just Fomo  that the price will increase and may reach another ATH, even they wanted to buy at lower price there are some sort of manipulation in terms of price correction that may happen if they will not ride in this ride, I don't add in my holdings during this pump but if have extra I will do and just keep monitoring it till It shows sign that the price may start to get low.

AS for me, i will invest in Bitcoin anytime because of my believe in it existence, it ability to make profit for a long-term as investment. Some time ago, i did bought when the price of Bitcoin was pretty high and after i bought the market collapsed, due to my trust in it investment i never panic but hold for a long-term which lastly yielded me huge profit, so, my trust in Bitcoin give me the assurance of investment anytime even at current price. 

If 2017 repeats all over, it'd make Bitcoin worth buying even at $50k. But I have to say that history doesn't always repeat itself and you shouldn't make plans based purely on this saying. It is very true in various contexts but not in this one. The best proof is Bitcoin's 2015 charts. It could fall at any given time. Otherwise, you could've simply purchased stocks based on this saying and be a millionaire in no time.

I think that investing in Bitcoin is good all the time even when the price is high, most people think that this current bitcoin is not the highest price and everyone believes that Bitcoin will reach new highs higher than the peak of 2017 and since Bitcoin is now starting to rise dramatically, more people expect It will reach a new peak until the end of 2020.

I agree with you. If now began to inflate another bubble, bitcoin can surpass the previous ATH. But psychologically, it is difficult for me to invest at the current price! :D On 9K there was no doubt, and now they have appeared!

When I first studied Bitcoin, I was just a student who wanted to earn money to help me financially and It would be hard to invest on Bitcoin since I do not have a stable income but now that I have graduated, I know that investing on Bitcoin is a good thing since things within the Cryptocurrency have the ability to escalate which can help me have greater profits.

Ofcourse it would be better to invest in a lower market price of it but due to doubts, some investors are hesitant, and it might be because they are afraid to lose. Doubts will never be separated with investments. People are only investing at this moment probably because they found a 'pattern' at this point that the price will continue and risk of losing is quite less. This is simply a misconception because there's no assurance that the movement will be consistent and continuous. Invest if you can, and if you're not sure, then don't because forcing yourself could result to regrets once expectations are not met.

If you're a long term speculator you won't see the cost. The drawn-out financial specialist consistently has confidence in the market and never care about the unloading of cost.
I am one of them I generally think that the fate of bitcoin is brilliant when the cost tumbling down I didn't lose the heart either I sell my coins in panic, Instead, I continued purchasing the coins, and today we're observing how bitcoin is rising. On the off chance that you have strong beliefs.

As anyone in the thread agrees on, it definitely makes it promising if you look at a long term. Unpopular opinion, you also should draw the line as to when will you drop and exchange your bitcoin if you are one to do that because you might just end up as chasing a constant volatile high that would make you look like a hoarder.

Bitcoin on my own is the safest haven for anyone's asset since it is not being controlled by any financial institution around the globe. There is no right time to invest in bitcoin regardless of the current price for investors should only think of the possible future gains of his investment and not the amount he needs to shell out when investing.

If someone plans to invest in bitcoin but still waiting for the bitcoin to be a lower price I'm afraid he can never invest anymore since the demand for bitcoin is continuously increasing and that is because more large companies have started to acquire bitcoin in their services which means more and more people are starting to adopt bitcoins as well.

In fact, the current price of $15k will definitely surge soon as people become more aware of bitcoins concept of decentralization that makes it a safe haven for assets.

Anything below $20k is still good buy if you miss the dip dump at $3200 although you may not be having the type of ROI on bitcoin again. It is already 3 years from the ATH and for those that bought and still holding are likely find their relief soon with good profit in 2021. They already understand what patience is and the market cycle. Normal way human take risk is funny, they prefer to FOMO than buy when the price is down. Unfortunately we will only benefit from new victims of FOMO in the next parabolic.

The problem is... What is cheap?

I have been in Bitcoin for several years and the most common question that I get from people is this....."Is this a good time to invest in Bitcoin" .....well, that is open to debate. First of all..Bitcoin is not an investment, it is a currency. Yes, people trade currencies too, like for instance Forex currency trading, but the primary reason to buy bitcoins should be to use it as a currency.

Secondly, How does anyone know what price is cheap and what price is expensive? A few months ago the average Bitcoin price was $12 000 ...and people said it was over priced.... uhm! really? What do they say now that it is $18 000?

If you want to buy bitcoins... just do it. The price might sound expensive now... but the price might jump up to $25 000. We do not know what will happen in the future.  ;)

I bet when btc manage to break the ATH of 2017 and above, you will consider anything above 20k as good buy, who knows if eventually all the btc prediction of 40k and above comes true then 20k will seem like a good buy indeed.
at this time panic buyers, fomo and the uncertainty of where btc is going next has set in, may btc is about setting a new reocord and some people already too anxious and don't want to miss out on this.
Those who bought btc during 2017 ATH and still patiently waiting till now will be overjoyed, i bet some of them can't wait to dump and regain their fund back ;D

Yeah, there is, because as you can see the price already reach its highest peak ever and we are not in December yet. If those investors will not hesitate to invest in this hot market, there will be no chance like this because this is a good indication to invest in bitcoins while its price is rising every day. What more can you ask? if you guys wait for another dip, that might not happen for the next months.

Nothing changes in the market... When Bitcoin growth to 16-17-18K people start talking about "a good opportunity to buy"! When the bitcoin cost 4K, everyone said that it will cost 100 dollars! ;)
I don't think this is a good time to invest... If you didn't have time to buy 10K, it's better not to give in to FOMO now!

if you have enough capital it is better to buy bitcoin at this time, because the price continues to increase over time. at the moment I don't have much capital to buy bitcoin, I will buy bitcoin if there is a decrease in the price of bitcoin in the crypto market.

bitcoin discussions is part of this forum and part of the crypto disccusion whereever you are because this was the first crypto with a big value that are trusted the most and the suddest burst in the price makes bitcoin hotter in the headlines .

you dont know the reason but you dont also know that you already answered your own concern . you are right ,that is because of the demand .

a real smart investor can adapt in any situation . high price or not , they can join in and still possibly earn something. and theres that fomo that wont be gone whenever there is a nice event that is happening .

people who invest in the market today are people who dare to take big risks, the price is very high, I myself don't dare to buy bitcoin, I dare to play futures and take short in bitcoin. It will be profitable and multiply the results.  short BTC

No need to ask again, because history will repeat itself,
and that is certain to be true, many factors influence the increase in bitcoin,
one of which is mass adoption, this is a very healthy increase, because compared to 2017,
2020 is an increase because bitcoin fundamentals are much more well and this will be a bullish start.

There is no definite reason, unless they are fomo and take positions rather than too late. there are still many investors who hope and predict that bitcoin will still fall, and then rise higher. it's just that, a small proportion of investors have taken positions at current prices. which is the middle price. because they still believe that bitcoin will reach a price above $ 20k.

With the current price of bitcoin, there's a very big chance that the price will keep on pumping and some wouldn't want to be left out when that thing happens. Also some people can now see the real potential of bitcoin when it's up in the market unlike before. Just like me, I would like to buy bitcoin, it's because I don't wanna miss the train when it happens that history might repeat itself just like three years ago. It may be a big risk but still I wanna give it a try.

That's really a big risk that you will encounter if you really try to buy at a time like this, if you can see the market is rising in terms of value, you can see it in every token especially bitcoin, you should invest before when the price is not that high just like today, we don't actually know what will happen later on but we are all wishing that it will continue to rise up and reach the highest peak just like what happened a few years ago. But we cannot predict what will happen since volatility is the nature of cryptocurrency so it's a big risk for you.

There are still lots of people who believes that the bullish is just starting to be more stronger, and the value will rise up more. With that sentiments buying and holding while the value still in the process of retracing are what most traders are waiting, the opportunities to
get some from those holders who are now selling and enjoying their profits.

If you are into long term investment as you are doing your deeper assessment, buying and holding might be possible to consider since
the market are really forming a strong barriers and it can possibly to explode any moment in time.

What's the substance of this claim? History of a market price which is volatile in nature and is having no consistency with its direction? Reality is simple, no one is certain of the futuristic behavior of Bitcoin and other cryptos simply because things happen in an unpredictable manner. Since you have mentioned history, are you aware on how huge the expectations were in the same year when Bitcoin reached its ATH? There were expectations of a higher market price but what happened is the total opposite of their expectations. Same thing occurred on the following years and that I think is a more valid reason.

But to invest or not, I'd choose to hold and wait for the dump to occur if there will be, to be able to buy at a lower market price and earn bigger profit. Investing at this moment is more risky I think. Since I don't want to risk that much, I'll just be patient with how the market behaves.

When the market is increasing there is usually FOMO and it’s making people to rush and invest. That’s the answer to your question, FOMO is the cause of the rush as price goes up. It’s just like the same thing that happens when the price is falling, when the price of the market is falling there will be fear and people will be selling.

Fear and Greed are the two things that are controlling the market, and it’s always best to utilize these two in making decisions for yourself; buy when people are afraid and sell when they are being greedy, when they are afraid is when the market price will be cheap, so that’s the best time to buy.

Because they think that it will be higher in the next weeks, months or years. I think that even though they invest right now, they will still have their profit in the long run. You can't tell how high it will be in the next weeks so you can't actually say that the price is high, what you can do is invest as long as you know what you are doing or you have the funds to do so. 

Nowadays bitcoin is the talk of the town, and since it's a global currency you will hear about it almost everywhere, bitcoin is becoming more popular as each day goes by, that's why so many people are now investing in it, and when you talk about smart investors,I don't think smart invest only buy assets when they are cheap, I believe they only buy when they see a real potential in that project, nevertheless buying/ investing  when the price is low and selling at a high price is the right way make some money from this market.

The price of bitcoin is high at the moment. That's the reason why many people are investing in bitcoin. When the price of bitcoin is too high, there are many topics about bitcoin anywhere and expect that many well-known people worldwide will predict the next price of it, so the followers or supporters of these people who invest in bitcoin will now invest too in bitcoin even if the price of bitcoin is already high compared to the last month.

For some people who would dare to enter bitcoin trading or investment at this point were bitcoin market value is at $17000 but has a limited budget this must be said that he already missed out. But if the person who are planning to become a bitcoin investors or traders but has the ability to afford bitcoin even at this high market cap then he could have it. But lets always keep in mind that the higher the market cap if bitcoin the higher the risk to take on too.

There are several factors that are affecting me in investing in Bitcoin in the current market. First, some specific futures market analysis and prediction related to Bitcoin that encourages investing in Bitcoin in the current market. Moreover, the fact that Bitcoin has reached an earlier high price gives its investors hope that if its value decreases as a result of investing in Bitcoin, it will return to its current value after a certain period of time. Moreover, the rise of Bitcoin during this coronavirus epidemic makes everyone optimistic about Bitcoin. All of these things make me think about investing in Bitcoin in the current market.

The limited supply can be the only reason to be considered while investing in bitcoin - irrespective of price.

There are a lot to think about before investing in bitcoin. Regardless the price now, if you think of the coin's future, which is very promising btw, you will not be doubting about buying bitcoin. And if you're scared to invest on it, the price hasn't reached its' ATH at the moment, you'll still be able to profit from this. A lot of investors don't think of the price, but the future bitcoin has.

Investors who buy bitcoin at the current price know the risk but they do not invest without doing the research first and calculate the probability.
We know how the market will increase in the near future and bitcoin has been proven to reach a higher peak over time, moreover after halving and what's happening right now.
The trend in the market shows the capabilities and potential of bitcoin to break the ath at $20k, so that buy bitcoin at $15k or $18k isn't bad at all.

Well back at previous peaks, people thought $20K was high.  Then they thought $2K was high.  In 2013, they thought $1 was high!

Most of the people specially talking about those non-Bitcoiners that shift to being one of the Bitcoiners decided to engage on investing with Bitcoin because people think it is a trend that the initiative is that they will get along on what other people do and they were also driven by their interest know more about on what can possibly happen into their investment with Bitcoin for they are seeing a fast rising in terms of its price and as a result of that, the demand rises as well as the volume of transaction as for people realizes the importance and benefits that they can obtain from Bitcoin. People do not already get bothered no matter what the price is because they already know to take the risks rather than get afraid of what they think could happen. Results can be seen once you get engage and believe that it will be worthy for the long run.

The reasons why they are keep buying bitcoin is because they believe to the ability of the bitcoin to rise more yes the price is already high the chances is still there to increase more. But you have to be safe just wait for the dump which is happen now and I guess other waiting more dumping before they buy bitcoin. If they have other reasons is maybe they have plan to the bitcoin they bought..

Momentum trading.

Sell a little bit at ATH and:

-spend 50% on the dip
-take 50% as profit

True. Intelligent Investor will always buy when BTC is available at low price but you never know How low is really low and where is the bottom. The best strategy is not to buy all what you are willing to , in one go but in parts. Buy on dip and wait for the next dip. This way you can average your Buying price and your trade comes in profit quickly when market starts recovering.

Current market is ideal for selling not for buying. Still you can make profit by investing small amount of money, buy at dip and sell high. You have to be very careful with this technique; it can also rip you from your hard earned money.

If we take into account the current market, I think it is still sensible to make an investment in Bitcoin. First of all, you should see Bitcoin as a long-term investment place not short-term. Of course it is better to buy from a much lower level but then you will have wait for that time to come considering the current level of Bitcoin price. I still believe that people can make a nice profit in this year, if they buy now.

I think investing in bitcoin is fun and profitable too in my opinion, but we should also know that the price of bitcoin is unpredictable and that bitcoin cannot be controlled by people, so if we want to invest in bitcoin we have to study bitcoin first. .

I had acquaintances when everything started about 3 years ago. and bitcoin then began to rise sharply. They collected credits, bought mining equipment - and then bitcoin dropped sharply in price, and very much. Everyone, out of emotion, began to sell it, losing millions. But what would have happened if they left the crypt until today :-)

Smart investors not only buying at a cheap price, some of them are even buying at a current price simply because they are mainly focused on long-term investment. Buying at a cheap price would be just a bonus unless you were a day trader then that time you must consider buying at a cheap price. There are also some folks buying at a high price because they don't want to miss the opportunity if it goes even higher which is not recommended for me at least, and this activity is commonly done by newcomers.

Investing in Bitcoin is always a smart thing, in my opinion. Because you are not able to know when the price will reach the highest level of its potential and start going down sharply. There are many people and companies that still prefer continuing to buy. And I don't think it will change easily at whatever level we see the price.

Smarter thing to do when investing in bitcoin is knowing when to get in to maximize profits overtime, for example you enter at around the current price then the next day the prices slumped down significantly but if you waited for that to happen then you could've got a cheaper entrance to bitcoin, always enter the bitcoin market when the prices are going down because overtime it will go up.

I think the smartest strategy is to take entry and exit decision  based on signals generated by Technical charts. That is the best way to maximize profit and minimize risk because charts reflect the sentiments of market participants. Thought it is not perfect science as it is based on probabilities and Historical data but this is the best tool that is used by most of Professional and Institutional Investors.

They think that it would continue to grow so they should ride the wave while it is still growing stronger.
It is the only explanation that I could think of or maybe FOMO but for me it is just the same.

Not even selling for me at least, just gonna keep hodling.
Feels like there would be another celebrity manipulation at any time soon. lol :D

Many investors still buy bitcoin even the price of it is not too high because they are thinking that bitcoin is good for a long term investment and thinking that bitcoin could still go up in the future, well that is a good thing, it seems like they treat and believe with bitcoin. Actually, they also mind the risk when buying bitcoin when its price is too high but they ate still into investing for the long term.

It is simple, the price of bitcoin now in 4 or 5 years is very likely that it has a price almost equal to double or double, every Bitcoin investor when buying forgets the investment and only tracks its movements, it is much better Than investing in any other market, it is above real estate investments and those of crude oil, gold and forex. It is said that it can go as high as 480,000 Usd based on the S2F model, and I trust PlanB.