Bitcoin Forum

Are investors investing in Bitcoin at ATH now are fools ?  Is there chance of major correction from here as prices have already peaked now.

How do you know that current ATH is the peak for the year. There are good chances that BTC can close to double or triple of current price by the end of the year. I assure you that if you do not buy BTC and it performs well for remaining part of the year as well, then you will surely look like a fool.

As long as you are not investing because of FOMO or for short term profit. If you intend to have a long term bitcoin investment for 4-6yrs and above, then the price that you are buying shouldn't be a problem. This is why we have the DCA method of accumulating bitcoin, which gives us the advantage to buy bitcoin irrespective of the price.

Buying regularly using DCA helps you to balance the average price of bitcoin in your bitcoin investment, because if you are consistent, and persistent in it, after buying at the bull run, you will still buy during the bottom line of the next bear market, and so on. By next circle bull run, you will have some profits. Don't allow the price of bitcoin to discourage you and keep on waiting, because that is the worst of it.

I don’t think they are. In fact, people who chose to invest in bitcoin over altcoins are smart enough. However, investing during ATH is not the perfect entry to the market but it should be price at its bearish. But we can’t control how people deal with bitcoin price. One thing is certain, as long as they invest in bitcoin for long term, then there’s no issues with that. They’ll eventually sell only when the price is higher from the price they bought bitcoin first.

Now when it comes to market correction, it’s always inevitable in the first place. But we can’t tell certainly as to when its major correction will appear in the market. We just have to be prepared for it and embrace more patience by not selling our bitcoin at a lower price. The price will eventually recover so we just have to hold our coins tighter without resorting into panicking every time the price drops lower.

This is not the ATH for the current cycle. All long term crypto holders and traders know that there’s always a new ATH for every crypto cycle that usually x2 of the previous ATH. I think those investors that buying at the current price is thinking a larger price target for new ATH since it’s proven many times since Bitcoin start trading more than a decade ago.

Buying Bitcoin at any price is never a dumb choice since its price keeps growing or recovering whenever it’s dump. It’s either you will left behind when price pump hard more or you will just end up holding Bitcoin if the price correct and hold it until it recovers.

My magic 8 Ball says "NO"

Consulting the dartboard after breakfast

The only people I would call foolish are those who are waiting for a price drop before investing in Bitcoin. We might not have reached the highest price yet, and the next halving is coming in April. There are many reasons why the market is moving like this, and it's just the beginning.

If things keep going like this, Bitcoin might reach $100k this year, setting a new record. So, if you're thinking about investing in Bitcoin, it's not too late. There might be a dip before the halving, but this isn't the last ath. So You can keep buying and investing for now.

No, they are not fool. And the ATH you are talking about will be far behind once you understand the Bitcoin 4 Year Cycle and expected Bitcoin ATH for the next peak of the cycle i.e. Nov/Dec 2025.
You could try searching for else just go and look at my charts and you will realize the next ATH that Bitcoin can reach is way more and fruitful even though if you invest at the current prices.
No one should be called a fool for investing in Bitcoin, it only works for Gold investors.

Do you think people who bought Bitcoin at $19K on 2017 are fools? you know the answer.

How you can be sure if the current Bitcoin price is already at the peak? in 2020 Bitcoin able to reach $19K again and it's keep rising to $63K before it downs.

So it's not really surprising if Bitcoin can reach the previous ATH in this year and we could see down turns for few months, until Bitcoin made it's new ATH in the next year.

They aren't fools, bitcoin is a profitable investment and we are just close to the previous all-time high, we need more little steps to the $69,000 all time high and from there hence it can be more profitable as expected, but for now, we are still on $66,000 and investing from this market value is not acting being insane, instead, an advantage in seeking out for opportunity on an investment made on bitcoin.
 

We can't predict bitcoin movement accurate, just as we least expected that it might have been this far, we should always expect the impossible and prepare ahead down for the worse.

Investors purchasing Bitcoin at All Time High back in 2012 were fools too.  People tend to forget how easy it is to call some body out when things go bad and also tend to forget when they are wrong.

It is very rare that we get a glimpse of how things turn in the future.  Even then, they are still not certain.  Some Shit Coins have been called out many times before and truly turned out to be scams.  Some of us were 99 percent sure things will take a down turn for these Shit Coins some day and they did.  But there was a chance we were wrong too of course.

Investors are not fools unless they are fooled into believing something that is not real or true.  Shit Coin investors are mostly fools or naive.  Time will tell whether investors of Bitcoin will continue to earn a profit.  Past tells us they will.  Future is uncertain.

The answer is YES and NO.

YES - those who have been investing in Bitcoin for years and know what is happening, but still have some doubts all the time, and instead of taking advantage of the long bear market, they start investing only now.

NO - The one who is a beginner is in a situation where he can invest now, regardless of the price, or wait for the next correction and bear market, which may only occur in about 2 years. Besides, maybe people wouldn't feel like fools if they understood that Bitcoin is much more than a get-rich-quick scheme.

Looking at the present, people that don't really like these people will say that they're fools. But if they're projecting long term and they know what they're doing and they've got a strong hands to hold on, they are not fools.

It seems that it has peaked but I don't think that this is the maximum that we'll ever get from this cycle. I do believe that there will be some correction but it won't be as major as it may seem to be because we're already in the bull run.

The peak hasn't been seen yet but we're close to the last ATH of 2021 and after that, this is where the part goes of how high it can go as the peak for this cycle.

Not foolish but has high risk appetite. The thing that controls the market price movement is the demand from its community of users or investors. Meaning, no one is certain whether it will be a continue or upward price movement or there will be a sudden crash in its value. The only thing which makes it "risky" at this moment is its price reaching and breaking its previous all time high market price. There's this assumption that the price could fall anytime but everything's subjective. What if it continue to increase? Would it still be foolish? Those who invested at this point are simply ones who embraced the risk. As long as they manage the risk by setting a stop loss, then things would be fine even if a sudden unwanted thing happen. Of course purchasing at a lower market price would be better but given the lack of assurance, there would be a FOMO assumption as well. There's no best price point to enter, only good or bad. It will be considered bad if price movement will go the opposite of majority's expectations.

they are not stupid for investing now because they already have their own calculations where they will be able to get a profit not in 1-2 years of investment, but longer than that. so if you say that they are stupid, remember that they are not traders, but investors who already have their own calculations regarding various conditions that may occur in the near or long term. and they are ready to face that.

Is this first time btc going to break ATH? If you post same post when btc was breaking ATH of 100$ then this thinking made any sense. ATH doesn't mean that it is last peak price.  This time btc is much more stronger than previous, it is not fake pump, The organization and big whales are accumulating btc for long term because they know the value and demand after btc halving.

 I don't think that person starting holding btc from today will be called fool but if I will say that he must buy only 50% or less to buy at current rate First I believe that the price will cross 80k this time but if btc dumped for some corrections then he should used other 30% to buy at low rate.

The only person who can be called a fool in BTC-investments is the one who sells this cryptoasset at a loss (cheaper than the purchase price). Are those who buy bitcoin at ATH fools? This is impossible to determine right now. If, under the pressure of emotions, panic, fear, these people sell bitcoin during a subsequent correction (which can't be avoided) or during a bear market during the subsequent btc-cycle, then such investors can't be called anything other than fools.

I agree that buying at current ATH is far from being under the best conditions, but by the next ATH even these numbers will seem ridiculous and very profitable. So, by being patient, they (current BTC-investors) can avoid the fate of being called fools.

There is a proverb: "chickens are counted in autumn".

Well I mean many Luna holders would contradict you.  Bitcoin has been called out for 'dying' many MANY times before.  If only once this call out would of been true, it would be enough for all the people who sold at a loss to be SMART instead of fools.  Then the fools would be the Holders.

It is also possible that Bitcoin suddenly drops by 30 percent and will never get to recover to All Time High again.  We would all be fools.

Only the future will determine who the fools really were.

At ATH in 2021, if they still hold their bitcoins, they will see it again.

After the halving, months after that event, Bitcoin will have a parabolic growth and 2021 ATH will be a past story. We wil have a new all time high and 2021 ATH buyers will get profit.

If they were panic since 2021, they already shaked their hands and sold their bitcoins. If they still hold coins now, no reason why they feel fool today.

not is a recommendation

Anyone who didn't want to buy in 2020 when it reached 20 thousand (ATH 2017) missed the entire rise in the cycle. I'm not thinking about getting rid of anything and I'm not going to buy anything either, I've already bought everything I had... I finished shopping in December 2022. I ran out of FIAT money haha My rule (not is a recommendation): ALL IN and "just go"  :P

Not really fools but they are likely not aware of how the cycle works. ATH usually is where the downtrend will start but if they know it will happen they will not try to get in. Most probably they are just tempted because the price continues to keep rising and then start thinking they could have doubled their money already if they did buy last month or week. This is actually very common to newcomers in crypto.

Investors who are investing right now at current ATH, might see loss during a correction. However if they have long term Outlook and they are willing to do cost averageing, their investment should be fine. The best way to invest in Bitcoin is through systematic investment plan. You get into the market at different price points so that you can average out your buying price. Otherwise there will always be risk.

No one is stupid when it comes to money. But the investment time and holding time really matters for an asset like Bitcoin.

Yes i totally agree with that and not only that but all those who do not know how a cycle works will experience the same thing, so we have to know before we start and the same thing applies to every trade.
But in this case it is the newcomers who seem to be scared, but i see two options that affect it.
1. Fear that what they buy will soon go down and be sold.
2. As you said @bittraffic they are "tempted because the price keeps going up and then start thinking that they can multiply the profit" so they sell.
So maybe it's a natural thing because i was also in that position, but with the passage of time and continuing to learn, i now feel that i can control it yee.. even though the results are not much, I am still grateful.

There is a chance for a major correction but there is also a big chance that bitcoin is going 150k from here, you still think that they are fool? I don't think so, even if there is a major correction it's still a good buy, I won't advice anyone to go all in on bitcoin though, it's better if they DCA but I have a good feeling that there will be some calm before the real storm.

The bitcoin halving is just 45+ days away, it's very closer than we think and once it's over there might be a big correction but this won't stop the fact that Bitcoin is going to make a new all time high, we are already on the way into the 3rd phase of this bull market and which will be the last tsunami move so it's still a very good time to buy.

I have bought majority of my holdings since early 2022 while everyone was scared of a possible 10k per bitcoin, following the horde never pays in this crypto space, you must stand for yourself and use the little knowledge you've gained, the best time to have bought everything this time around was in 2022.

There are people who buy bitcoin because they use it for daily transactions, so price for these people doesn't matter, they convert bitcoin in USD value and buy that way. Btw on another hand there are people who really invest in bitcoin during this time. Majority of them are fools only in the case if they aim for short-term profits because it's very risky to buy bitcoin at 63K and make a sell order at 65K to take some money in your pocket. I wouldn't call fool to someone who buys bitcoin even today and plans to wait for 4, 5 or 6 years because long-term, 63K is still a dip.
At the moment I wouldn't but Bitcoin, price is too high for that. I would short sell right now.

Bitcoin Investors buying at ATH are not fools. it's speculated that the price will hit an ATH of $120 - $150k in the incoming bull season. So, investors buying now are certain of atleast doubling their investment if they want to sell during the bull season. Also, there's another category of investors called the long term holders who have been buying before now, and will keep buying until they decide to take profit in the next 10 or 15 years and only God knows what the price of Bitcoin will be then.

Yes, there is.

Between investing now and not investing, I will say the people who are investing now even though they are late are wiser than those not investing. The people investing now can still make some profit from their investment if they invest well even though they are late. People who never invest will never benefit hence are the fools to me. Do you agree that an investor who invest hugely now may even benefit more from bitcoins than and investor who has not been consistent with DCA or hodling what they have invested until this time?

In this case I will say that not all investor who investing in Bitcoin all time high price are not fools. Because short term trader are also kind of investor they will to chance of this situation. I want to say something now cryptocurrency market there will be many FOMO and those who are influenced by this FOMO you can take them all as fools but those who will use this FOMO for their short-term trading we can say them fools because this is on of the technical time to investing on short-term.

Bitcoin have not reach the all time high but very close. Now may seems a bad time to invest in Bitcoin for some people but if we look at it properly, now is not a bad time to invest in Bitcoin. The reason is simple, halving is coming in few weeks time and price is already pumping. This means that after the halving, what we are seeing as bull run may be small compare to the actual bull run. This is possible because there are a lot of players now with huge capital that is gradually being invested into Bitcoin. Therefore, anyone buying now is doing the right thing.

As for the correction, we should expect some correction probably after the halving and price have achieved a new all time high. The target of many people for the new all time high is $100,000. If it happens that way, after this bull market there may be some corrections but I don't know if it will be deep or shallow correction.

Of course not, as long as they know that bitcoin goes through a cycle every four years that can exceed its current price. Now it is not yet at its highest ATH because in a few days we have been at quite a significant price. People who invest are stupid because they don't know the potential and they are more likely to be caused by FOMO and not having the right knowledge.

Why can you be so sure that now the price is at its peak and on Bitcoin's journey there will definitely be conditions for correction or recovery. There are no get-rich-quick schemes and people cannot be influenced by such circumstances in investing.

No they're not fools, they just take more risk than people who were smart enough to buy for example when the ETF news came out at 40k.
Would you call a person who bought at the last ATH of the previous bull market ($20k) a fool? Bitcoin made 3x in a year from there and even if we won't make 3x from now (which is more probable) there's still a decent chance for 130k this cycle. Even if bitcoin broke records to the downside and made it only to 130k, doubling the last ATH, you'd get a 2x profit from your investment. Show me any other asset that can give you 2x in a year. You won't because there are no such assets, unless you get lucky with startups.

You're talking about the 2021 high. The bull run always starts around the old ATH. So anyone buying now will probably make double their money or more in the next 12+ months.

Yeah sure there could definitely be a correction soon. I'd be pretty surprised if the price doesn't go back down to at least $55k this month. But if it does, it'll probably be back up to mid-to-high $60,000s before the end of April as the price recovers from the correction.

The only thing that could throw a wrench in an expected correction back down to low-to-mid $50,000s is if ETFs keep buying hundreds of millions of dollars of Bitcoin five days a week. Sure a correction is going to have wayyyy more daily net selling volume on exchanges than whatever the ETFs can muster in daily net buying, but if the ETFs keep buying huge amounts during a correction that would definitely blunt the correction and maybe we'd only see a drop to say $60k instead of $50k or $55k.

So no, people buying now are not in anyway fools, they are getting in just as the market is starting to blast off. Sure they might spend a couple or even a few weeks in temporary losses if a correction hits soon, but they will soon be very far in the green.

Not stupid. Investors who invest in Bitcoin when prices are high cannot be considered stupid. The current price cannot be said to have reached the ATH but it is close to the previous ATH price.
Because it has not yet reached the new ATH, investors who start investing in Bitcoin when the Bitcoin price is close to the previous ATH price cannot be said to be stupid but they want profits in the short time before the price reaches a new high which is estimated to reach $100K or more.


Regarding "possibilities", there are two and both could happen. Its nature is uncertain.
I said there could be another correction and it might also break this forecast where the price continues to increase and will only stop at a price above $70K before the halving.

Buying Bitcoin at ATH is a mistake but it was different from buying during bull season which is believed that it was still a profitable decision.
Of course, corrections are inevitable which I think was in your mind and it was possible but have to consider that Bitcoin is been proven to recover from when dumps occur. If we just hold and wait for that moment, we never lose any amount but earn a profit.

But of course, I don't suggest people start accumulating Bitcoin at this time but rather make it during the bear season for a bigger profit.
Perhaps, we should be practical knowing that we can multiply more on our investment when buying cheap compared when buying at the current price.

I wouldn't call them that simply because bitcoin according to many investors, especially well known being Michael Saylor, bitcoin is going to appreciate in value forever because fiat money will depreciate forever.
This means that every ATH is only temporary and in some time you will see another ATH and then another.

Also, how do you know that the ATH of the last cycle is also this cycle's ATH? This has never happened before and I don't think that it ever will. We will probably have smaller growth cycles as time goes by, but they will still be here as long as halvings are here.

It could be a fool, if it's like this:
This person is FOMO about the current Bitcoin price which has increased very drastically. Then, the price experiences a slight correction and finally the person panics. and sell all the BTC at a low price. That's just a stupid decision.

However, as long as he buys at whatever price and is still holding on to achieving a certain target number, not in a hurry, not panicking, then it cannot be said to be a fool. Because everyone has their own time and moment to invest.

If we follow the patterns of the Previous Bitcoin Bull market cycles, well, those investors entering the market right now are not fools, but I would rather classify them as FOMO investors, reasons why they are not fools being that from records I know, after that Bitcoin succeeded in smashing its previous ATH, it usually followed by a run to the upside, sometimes even do 2x in price from its previous ATH, and those investors will still be on the profit side despite them buying late because the best time to build a portfolio is during the bear market while you will be taking profits when the real bull market has kick-started just as we are about to hit the ground running with Bitcoin now.

If they are investing for long term then they aren’t fools, but vice verse doesn’t mean they are fools either, because it is possible that they can make some money in such short time. With the way Bitcoin is going we can now say that it will break the ATH soon, it’s still at $67k so that’s still $3k left. That’s about 4-5% but it’s something, even if they are late. But we should already know that there will always be those set of investors who rush in when it’s all pumping and leave when it’s going down, always.

Op you have to know that there are two types of investors in the cryptocurrency market. Short term investors and long term investors. Short term investors are not making profit as the long term investors. And it is not too late for the two parties. In business even you gain 5% from the investment is something so now that bitcoin is still $66k $67k those short term investors can still make profit before the market will have redline for the bear market after the All Time High. So it is not a fool for them to invest now.

And for the long term investors there is no limit for them to invest. Because their aim is to buy against the next all time high and not this one that is very close. Like the once they bought in the previous All Time High, they will sell those once in this all time high. And prepare for the next one again so they never lose in any day.

Yes I think many are buying the ATH break. The sentiment is so bullish that we are getting predictions for $100K around the halving and some others are predicting $200K to $1M.

Also we never had a double top, we had a cup and handle in this area but we always broke it. So many are thinking it’s a safe buy here at $67K while selling for $100K at least.

At least that is what the majority are thinking.

Right now that the price of bitcoin is close to ATH, I think buying now is a great risk or has a greater risk because yes, maybe there will be a correction or dip after bitcoin reaches its ATH or sets another ATH, but I'm sure holders of bitcoin will not sell right away after it passes to its own ATH. There is a speculation that bitcoin might reach $100k, but that's a speculation only if those holders will not sell midway to $100k. But yeah, to the topic: if you are planning to buy bitcoin right now, then make sure you are prepared for the risk of it.

But let's believe that with bitcoin and its holders, I'm sure they are also aiming for the highest bitcoin price they can reach, so maybe this year the bitcoin price will set a new record that will be headline news all over the world, so bitcoin might be popular after these events.

Bitcoin investors won't fool me anyway until they hold. Let's say someone bought the last ATH; currently, Bitcoin is almost passing the previous ATH and is going to make a new record. So those who have held on to their investments can still profit. So how should we consider them fools? If they sold at a loss, then it is reasonable to call them a fool. We don't know where the new ATH will be hit and start dumping, so DCA would be a better option for us. 

Bitcoin investors won’t end up being fool even if they start investing at an ATH price. As long as they won’t sell immediately but will execute more patience and hold the coins like couple of years until a new ATH will hit the market, then they wouldn’t be at loss. And no one will probably know when a new ATH will enter the market so buying at the current price is still a good buy. Although it’s highly risky but we all know it would still be worth doing as long as we know exactly what we are doing. Just buy and hold, and sell when you think every coin is worth selling.

They are not fools, the ATH is temporary, it doesnt matter, and it is possible to invest and hodl till whenever. To recover lost bitcoin, visit bitretrieval.com they can help you recover bitcoin and all types of digital assets.

That's just one thing with bitcoin investment. Now seems like ATH and a no go area, but when bitcoin hits 100 or 150k, there will be much regret of not entering the market at the range of 60k. The current bitcoin price is about 60k, and the ATH is about 69k. This means that it is possible for bitcoin to double it's previous ATH and when this happens, you that didn't buy at 63k will now become the fool.

It is advisable to always watch the ATH when investing so that it will be a good guide on your investment decisions.

Never call people fool just because we don't like their decision made but instead maybe if you know something that you think good then its better to give them advise so they would be aware on the decision they wanna do.

But also I think the current state is different since we are far to end up this year also halving didn't take effect so I also believe that there's nothing wrong to accumulate now since for sure that we can see more and bitcoin has been speculated to reach up to 6 digits for this year. Although they may be a correction to happen but as long as the hype is strong towards this season then I assume that everything is alright there.

How could you tell that the price has already reached the highest that it could?
I believe that it would continue to fly higher, halving is near and more investor would surely come in.
We couldn't tell how high it would go or if it already reached the peaked because of the halving.
I know I am not the only one who thinks about it this way, and more of us believe that the halving would drive it even more higher than what it already reached in the past.

You hear so much of this and of that there is no telling what the price will be. Nobody has a crystal ball, although I wish we did! I want to keep HODLing but I keep thinking of the last bull run and how I didn't cash in and then it plummited. And i'm still holding. I still WANT to hold on! We are SO CLOSE to a new ATH!!! I wonder how long it will hover there before a retracement, my guess is that it won't be there for long!!!

Let's ask the important question: Who are the investors in Bitcoin as it nears its all-time high? These are the missteps individuals make, leading to regretful remarks on social media when their anticipated 10x return on investment fails to materialize. Furthermore, seasoned investors may hesitate to enter the market at this point, compounded by the prevalence of deceptive news.

Then how you do able to make yourself do able to know that this is already the peak? Of course we are now nearly breaking its ATH yes ATH but arent we that pretty aware that we are on another cycle now?

For those who had been able to bought wayback into those last cycle and still holding up to this moment then they are really that making some breakeven with their investment.Its whether they would really be
holding even further or would really be taking profits and pull out and wait for some correction? Well, this would really be that actually depending or basing upon someones preference and investment decisions
on which we know that each one of us does have their own approach and ways on how to handle our investment.

Once you do have that experience then for sure it would be just that normal that you would be having thoughts that corrections are inevitable. What comes up do goes down and this is
always that basic principle of whatever market that you are dealing with.

Do you know how high Bitcoin prices can go and can you guarantee it?  Bitcoin's first ever biggest ATH was $20k and then Bitcoin price didn't rise to 68k? investing in Bitcoin is risky but long-term investment here can be expected to bring benefits.  So investing after ATH will yield good results if you can invest it for long term. But yes, to invest in cryptocurrency you must accept risk. You cannot invest risk free in any crypto including bitcoin

I don't understand what you mean by investor investing in ATH are fools? How do you know they are investing in ATH because ATH is just an all time high meaning the last time the price of a coin was at the pick. It is difficult to know wether you have just invested in ATH. But the best way of achieving a good investment is by buying on DCA or DIP and HODL or lump sum and nothing more than that so ATH is just the short form of all time high and there is nothing like investing on ATH. People that invest on ATH didnt know that it was it, until the price fell and never regain, before they could know the difference.

It depends on the aspect first, because if the investment is like Saylor's then I think he understands the context of each decision much better and doesn't have a quick sales target. You probably know that Saylor's purchasing activities always don't think about price because he doesn't worry about what he spends. As for retailers who are just fomo and don't have a plan, I agree but that doesn't mean they're stupid, maybe it's just their momentum choices that aren't considered more carefully. This means that if buy during a bullrun, you will have to wait for a rise above the current price, which can take a while. However if the target is $100K, you don't need to worry as long as you can become a strong holder.

Not everyone who invests in Bitcoin is pursuing short-term profits, there are some who want to invest in the long term, for example for the next 5 years or more. It's possible that they estimate that Bitcoin could reach $100K, so they dare to invest at the current price. So when they buy Bitcoin at the current ATH, they are not chasing short-term profits, as most other investors do, but they want to make profits in the next few years.

You could probably say that to some of the investors who are just investing because of the FOMO or just wanted to earn profit and ride the increasing market price thinking that they are going to make a huge amount of money if they invest right now, I mean it's not really wise, there are some traders that don't really want to invest and only start right now because they see that the market price of Bitcoin is just increasing to the moon, they easily get FOMO by the increasing price. Because for sure it is not a good time to buy Bitcoin right now Bitcoin because they're for sure going to be a correction in the coming months, the best time to buy for sure is when there is still no hype in the market like when the market price is around 15k%.

Still, if you are investing in long-term investment there is no case that you could still buy Bitcoin even right now, I am still accumulating Bitcoin and continue to buy even at the peak, but I do some adjustments to lower my buying power and decreasing the volume of my buy every week. But mostly if you already established your investment I would start selling a small percentage of my Bitcoin, Mostly I do a small percentage as well every time it reaches 40k,50k,60 something like that.

It is for sure depends on their strategy on how they are going to make a profit in the market right now, but I wouldn't call them fools the thing here is investing right now is a much riskier thing than doing that when there was no hype, so you just need to be more careful and have a exit strategy but you could still make a profit.

We can hardly take you seriously since this is your only forum post and you did not even follow-up in the thread.

And, maybe you don't even know what is bitcoin or what would be the context for anyone currently buying bitcoin.  You surely have not provided much if any context for your question.

There are some kinds of people who are foolish no matter what they do, because they make rash decisions, yet we should not presume someone to be foolish now merely if he is just getting started in bitcoin.

In regards to bitcoin prices, the only way to prepare for BTC prices to go up is to buy some bitcoin, and if are interested in bitcoin and you don't buy any bitcoin, then you are ONLY preparing for down, so if the prices do not go down, then you are not prepared for what ends up happening.

Surely we could look at previous periods in which BTC prices had reached an all time high and then there was an extended period of time of correction and then the BTC price revisited the previous ATH, and frequently in those cases the BTC price moved through the previous ATH and continued to go up.  Of course, past BTC price performance does not guarantee future results, but anyone who might want to prepare for the BTC price to go up, might want to get some bitcoin in case the price does not come back down.

There are also ways to prepare for up and down at the same time, which would be to buy some BTC right now, and then have some money in reserves in case the BTC price drops from here, which could be supplementing the buy through DCA and/or buying on dips.. and in that kind of case the BTC buyer would be prepared for both up and/or down, which tends to be a better practice.  Prepare for either price direction rather than just preparing for only one price direction.

By the way maybe we could go back to early 2013.  The previous ATH had been $32, and in early 2013, the BTC price passed through $32 and then went up to $263, and then corrected back down to around $70 in mid 2013 but then resumed past the $263 ATH in late 2013 to reach $1,163 before correcting back down to $158 but then largely settling in the mid $200s in late 2014 and through much of $215... so then in early 2017, the BTC price went back through the $1,163 ATH and went to $19,666 in late 2017... and ended up correcting back down to $3,124 in 2018 and had another correction to $3,850 in March 2020, but then when it went back through the $19,666 ATH in late 2020, it went up to $64k in early 2021 and $69k in late 2021, before correcting back down to $15,479 in late 2022  and mostly gravitating back up to our current prices,

and so it seems that we may well be passing through a previous ATH again.. yet of course, there are no guarantees, so each of us has to figure out what we are going to do, and you are in more of a pickle if you either don't have any BTC or if you consider yourself a low coiner... and so if you are in either of those categories, it is probably better to buy rather than waiting around for price dips that may or may not end up happening.


I would suggest that by definition when it comes to bitcoin, a person is probably not investing unless s/he has at least a 4 year time horizon.  If their time horizon is less than 4 years, then more likely s/he is either trading/gambling rather than investing.  So investors in bitcoin should have a 4-10 year or longer time horizon for their investment, otherwise they should probably call what they are doing trading and/or gambling rather than investing..

Everyone has different decisions in investing because if the decision is the same then when the price of bitcoin experiences a significant increase no one will want to buy. In fact, perhaps the price will not be too high when there are no investors selling or buying bitcoin because the law of supply and demand does not apply.

Most people fail to understand the four-year cycle so they think accumulating at a slightly higher price is a bad decision. But the point of view is different from the big investors and they will continue to accumulate purchases even though the price is already at half the expected halving. This is nothing more than an opportunity that is had and I believe investments should be utilized to generate profits and if people do not have large amounts of capital then they should look at basic opportunities before the four year process runs its course.

I think I see some sense in the caption of the post after giving it a second thought. Even though we might want to say that there is no wrong time to invest in Bitcoin, I think waiting for the bull market to start, just like we have now, before investing is what I consider inappropriate and shows a show of lack of trust in Bitcoin and fear on the side of the investor. Bitcoin gave a lot of good entry opportunities for those who have faith and trust in Bitcoin and many people used that opportunity very well. The people that should be actively buying now should be those who are following a continuous process like the DCA that does not consider the price.

Like many people rightly said, highly prices are likely going to happen because the market is showing so much willingness to do so, besides, we still have coming good fundamental that should be enough to cause such rise. So buying even now is not a bad idea.

I was thinking along the same lines. In fact, there is an investment strategy that involves buying right when the all-time high (ATH) is broken, because it is very rare for the price to go down after an asset reaches a high. The most common thing is for the fear of missing out (FOMO) to kick in and the price to keep going up. However, there are other things to consider here, and the difference between a gambler and an investor is the difference between someone who buys out of FOMO right now and someone who does so taking into account other variables (macroeconomic environment, price trend for months, proximity to halving, etc.).

The potential for correction does exist, but we cannot say that people who invest in Bitcoin during the ATH are fools because there is a possibility that the Bitcoin price will continue to rise, especially since the halving has not yet occurred. If the price of bitcoin reaches $100k, then that will make them lucky investors. However, if a correction occurs, they just need to wait until the bitcoin price reaches its new ATH again. However, many people are optimistic that bitcoin could have a very high price this year

And I consider that stupidity more appropriate for those who only talk about Bitcoin but don't buy or own it. Buying at ATH is much better than not buying at all, and as long as it is aimed at the long term I think it is fine.
You have to look at the trail of Bitcoin's journey, after a new ATH occurs, a new ATH will occur again. So never be afraid or feel at a loss to invest in Bitcoin as long as your goal is long term because you will profit if a new ATH occurs. And what you have to know is that Bitcoin is the best choice for the long term whatever the price of Bitcoin, when you buy it when you are in a position to have money, rather than waiting and having your money wasted, that is much stupider.
And when you buy at ATH and suddenly the price of Bitcoin drops drastically, you should be happy and calm. Since this is the best moment for you to accumulate more Bitcoins and hold them for the long term, wait patiently for the new ATH because it will definitely happen.

1. This is Bitcoin we are talking about here, there is none other like it.

2. You don't lose money until you sell your bitcoin.

3. This is why DCA method is unbeatable, there won't be need to feel like you are buying at a higher price.

The part that many new investors are missing is there is no loss with bitcoin until you sell yours at a lower price than you buy, this is why buying bitcoin with the money you don't need instantly is the best, I am still buying bitcoin, I still do few hours ago, and moreover, go back and watch the ATH of every bull run, it's always a new number.

And right now we haven't even break the ATH of 69k yet, those who buy now are doing it right, there is nothing wrong buying now, they will still make money when Bitcoin makes a new all time high, and correction is possible as well, but they will win later after the correction is over, all they able to do is hold and have patience.

Corrections in your statements: We have not reached a new all-time high yet and the prices didn't peak.
And, we can't call someone a fool just for investing late, maybe they joined the market recently and were never a part of it when the prices were lower. You can say that someone isn't a good investor if they were around when the prices were lower and didn't invest and then invest when the prices are very high.

Talking about a correction in the market, it has to happen someday, we can't say when, but as we know, something that goes up has to come down. So, if the prices are going up, they are going to come down eventually, but we know that a bull run is going to come as well, and it hasn't yet.

although there had been speculation regarding this year being bullish, no one was certain that it will start at this one of the year or that it was going to gain up to this current price within such short space of time. For a short term investors, it might seem a bit unwise to buy now with fears that the current level the price of Bitcoin has risen to might possibly be at it peak but with the way it's going, I doubt that's the case. If you're overly concerned about the right time to enter into the market you're probably a trader and trading is mostly about risk and you should have learnt to deal with it.


For someone that's looking at holding for the range of a five year plus, then you shouldn't look at the current ATH cause if you buy at the current $63k+ price, within the next five years you will certainly be at  a good profit that could be a source of motivation that will propel you to hold even further.

I fell for it when I first started in crypto. When prices shoot up to $15k back in 2017, I was still trying to save my income just so I could buy BTC. Little did I know at $19k everybody was planning to dump.

This was the time when ICO was booming and most of the investors think the market is going to stay that way for a long time. But no. Partypoopers came in and took the excitements away and those who held their BTC and tokens got washed. And I said to myself Never again.

I don't there's reason to call them fools mostly those that their mind are already set for long-term holding, because $67k is not bitcoin peak , bitcoin still alot of prices range to hit and someday bitcoin may hit $1million . Bitcoin started from a very  low amount , like around the year 2012, bitcoin price was two digit , then around 2013 Bitcoin price was three digit and around 2017 bitcoin hit four digit while around before that same year ends bitcoin hit five digits. (With some corrections though) , now you see the  breakthrough bitcoin as undergo and there's still more ahead, so I would say those that still using DCA to spicy their investment should continue as we have the chance now to buy the bitcoin when the price still five digit . So we just got to HODL.

Only thing would say is that those that are trading should trade responsibly because we are close to the new ATH.

Bitcoin is yet on it's baby step so we don't term it an All Time High it's barely a bull run of which we expect something much more than this after the coming halving. Since Bitcoin still have a lot of possibilities yet to happen purchasing Bitcoin now is not a bad idea, the best strategy to be applied now is the DCA because of the slight change in price and whenever the market gets into correction it provides rooms and opportunity to buy at the price.

I really don't think so, if you look at the historical price performance of Bitcoin, you are going to know that this is just the beginning of the growth of Bitcoin, because I really do believe that due to the limited supply of Bitcoin, it has the potential of going up to $150k.

Besides we are still in the early days of Bitcoin, so investing anytime now, is the right call, so I want to ask you, how much do you think Bitcoin can rise up to during the bull run? I just want you to know that the potential of Bitcoin is more higher than what you thought, if you think that people investing right now are fools.
So in my own view, Bitcoin is no where near it potential if you must know, so those investors are making the right calls.

Mate, if you're planning to buy bitcoin now don't consider yourself foolish, who said an investor should not buy during the ATH is giving a false narrative, with the way bitcoin price is growing don't get deceive with the current price, investors still have higher chance of bitcoin price increasing so this is not the final ATH. You just have to invest now with the mindset of a long term run, note bitcoin investment has no starting point like this is the best time to buy and it's compulsory, investors intend to buy during the bear market due to the price. If you're having the mindset to wait for the bear market you're getting it wrong with bitcoin investment.

If that is part of the strategy, why not? Someone who does DCA will still buy Bitcoin even if you think it is an ATH, but the day when the halving comes some people should believe that a new ATH will be printed again even though there will be a correction before that.

ATH is only known if we have missed it and started entering a bearish period after that point is reached. If many green candlesticks still appear, we still have the possibility that a new ATH will form several times in the future until the red candlestick appears.

For me, those who buy now (what you consider now to be ATH) are not fools. As long as we don't know their strategy, there is no right to blame their decisions.

No, they are not fools but instead, they just take the opportunity to earn short-time. Because I was certain that these people were not stupid.
Perhaps, that is the reason are saying they are fools knowing that investing in Bitcoin is worthy and profitable in all kinds of market conditions. Maybe you just think that it drops after buying which make you worry of them and telling them that they are wrong.
It is unpredictable and possible. But why people are buying? Because they believe that it recovers back after the corrections.
Don't take the burden of these people who buy during the bull season, they just take what they think is right, not unless they buy at ATH and then sell when it drops. 

Well, for me, any investor who knew of Bitcoin in the last circle, witnessed the last bull market and had money to invest but foot dragged till this moment is the one who should be addressed as a fool. It's like those of us here now who are going to be witnessing the bull run but will become skeptical investing during the bear season after this bull rally. Those ones will effortlessly join the fools' club too. Why wait that long to invest or reinvest in Bitcoin when we've seen historical data and known of it's performance if not out of fear? That's my submission.

Yes, especially if they are going all in. Buying an asset from its ATH price is often not a good idea. If they really like btc why haven't bought it months ago when the price was much lower? These people are probably going to get bamboozled big time. If they are going all in now, it means they can't control their emotions and they are greedy as fuck. They are pretty much gambling and gamblers usually lose money.

If they only found about bitcoin (which is unlikely) and they still want to invest, they should DCA.

The most important thing to ensure this is to ensure only extra funds that one can afford to loose. Otherwise, if you are spending your daily needs money on bitcoin and in future there is major correction, you might still need to withdraw for some emergency. But if you are spending extra income only, then this issue will not arise. So you should spend only 10-30% of total income which is left after all the monthly expenses. Moreover, if possible, try to diversify in multiple coins for more safety.

You are right there mate. If there are fools on bitcoin, those are the people who kept on missing opportunities to invest because they are waiting for the perfect entry in the market seeing bitcoin at its dip, not realizing that everyday creates a good timing to finally buy bitcoin regardless of its price and continue hodling. Now while seeing bitcoin heading to its new ATH, those people might be regretting wishing they were brave enough to take the risk and buy bitcoin even at its high price.

One who gets to decide to invest in bitcoin is not a fool. The fools are those who trusted shitcoins more than bitcoin because they believe that shitcoins will eventually last longer in the market with their highly exceptional value more than the price of bitcoin. If you are one of them, better to change your perspective and study the price history of bitcoin so you will know why bitcoin dominates the crypto market every now and then.

What if they sell everything within the context of more than a 50% fluke correction and they hit their sale near the bottom and then they buy back 1/10th of what they sold? 

So yeah, maybe there are ways to attempt to learn the value of incrementalism, but also not over doing it?

Going "all in" is usually not a good idea at any time, even if you have high chances of being correct and/or you end up being correct.


You are making the same mistake as OP with your seemingly presentation of an assumption that all ATHs are equal.  Would you at least concede that in bitcoinlandia, there is a difference between an ATH that is from 2-3 years earlier versus an ATH that might be being set anew over and over and over?

There are also likely differences in ATHs that are mere percentages higher than the ATH from the previous cycle, versus ATHs that might be3x versus 5x, versus 10x or versus 20x higher than the ATH from the previous cycle.  They probably should not be treated equally, but they could still be buying opportunities, especially for nocoiners or low coiners.


Maybe they ONLY just heard about BTC and/or ONLY just realized that BTC is asset that has a lot of upside potential.  If they are a no coiner, shouldn't they get started no matter what?  Or do you consider waiting to be a good investment strategy for no coiners?  Actually low coiners could also be in a similar situation in which they had under invested in dee cornz, and then they come to realize the folly of their previous whimpiness, and so they may well be faced with a situation in which they have to decide what to do right now. 

They are not able to turn back the clock, so maybe amongst the best of choices would be to increase their investment right now rather than employing a waiting strategy and/or continuing to be whimpy.

We know that overly whimpiness can be a problem, just like overly aggressiveness can also be a problem that causes people to get into pickle situations because they have failed/refused to adequately prepare for BTC price movements in either direction, including preparing themselves for possible extremes (short-term or long-term extremes) in either price direction.


You are assuming a lot.  Maybe you and OP are on the same page?

One of the best things for no coiners, even at the ATH like this, is to figure out their own finances, and divide it up into 3 categories that involve lump sum, DCA and buying on dips, and then figure out how much they are going to put into each.. maybe consider a 6 month plan to start and then reassess after 5 months regarding whether to continue with their previous plan or to employ some kind of modified and/or different plan.  So a newbie no coiner may well come to the conclusion to invest right away, even if the BTC price is at a prior ATH.

Let's say that a newbie no coiner has $6k in cash that he is able to invest into bitcoin, and the knows that he has $3k discretionary/disposable income coming in in the next 6 months that he would be able to DCA, he could divide his current $6k in half.  Half for buying on dip and half for lump sum, or he could skew his current $6k more towards lump sum, especially since he is already a no coiner and he wants to prepare for up.  There is no way to prepare for up if he does not buy some.  Waiting is not a sound strategy since it is only preparing for down, and we have no fucking clue which way the BTC price is going to go merely based on it reaching an ATH from more than 2 years ago.



Fair enough.  But what if they have $6k in cash that they are able to invest and $3k income in the next 6 months?  You want them to DCA all of that?  From your point of view, over what period of time should they DCA the $6k that is already available right now?


You said everything correctly, except your last statement is retarded.  You sound like a shitcoiner. 

Why dilute your investment into shitcoins if you have already identified bitcoin as either a good investment or perhaps amongst the best of investments currently known to man?  then why diversify?  just for the sake of it?  because the word "diversify" sounds good?  because you heard other smart people say it?  hahahahaha 

Don't mean to pick on you, but that idea of diversification for the mere sake of diversifying is not very smart, especially if you have any clue about what bitcoin is.

Mate if I were you when considering diversification it should be more on real life investment such as selling commodities, lands real estate. From my observations what those that are in to altcoins are going through has no difference from gambling, their emotions are always destabilize by always monitoring the market condition and this altcoins performance depends on Bitcoin performance of which most of them are scam project just like a time bomb waiting to explode, and it can also be seen as a ponzi scheme, for me Bitcoin has proven to be the best with your dca  you have the rest of mind needed to grow your asset.

Actually with all investors decision for investing in bitcoin on the higher price right now aren't fools because they can manage well with very great opportunities how bitcoin faster growing up to the higher price. Most of them have make research and analyze with future possibility few days or weeks later and brave their self for investing in bitcoin although some people mindset bitcoin have reaches most higher price. Get space left more than one month later with halving time, I think many investor braveness for investing to get bigger profitable since close with halving seems bitcoin get large chance for pumping drastically.
I think bigger moment such as halving in cycle every years can't easily to make bitcoin get bigger correction, don't put your self on doubt when investing in bitcoin if won't loss opportunity to earn much profitable.

I do agree that it will take a while but it doesn't mean that we are going to see it change all that quickly. We should consider the possibility of the current situation to be changing a bit, and that has to be the most important part.

I believe that we can hope for a better return and should be something that will take some time. 150k is definitely likely, not like all that difficult neither, we are talking about 2.5x higher than this and during a bull run going up like that doesn't really mean anything. It should be quite possible and we should not be really expecting the situation to be just time taking, after enough time we are going to end up with better results eventually. So just make sure that we are capable of waiting for it.

I can not give any strong statement over this because this may vary from situation to situation. They may not aware of this before but when Bitcoin come into a bullish trend it interacts investors interest. On the other hand, if we see this bull run it will be going to be very special i hope if any investor may but here can expect 2x profit in Bitcoin. ETF and the involvement of big institutions like Blackrock make Bitcoin even more bullish in this bull season.

Besides this, I am also expecting a major correction here where Bitcoin has broken its last all-time high. We may see this correction after or before this halving event. I also booked some profit last night with the intention to buy back if the market will allow me to do so. I would recommend you to do DYOR over this because it is my personal action if you are also thinking to do so you should do research then you can take any action according to your analysis. Many Thanks!

Exactly, diversifying your funds in different altcoins , is the opposite of safety to me . If you thinking of diversifying make sure you have some good quantity of bitcoin in your portfolio, because not having bitcoin your portfolio and same time wanting to invest in other altcoins shows that you don't understand anything about this space, If you really want to diversify your funds, try investing it in other investment outside this space  like the ones Tmoonz just mentioned. Because investing in one shit coin is even too risky, now imagine investing in tones, In the name of diversifying.

Diversification doesnt mean that you dont give out important or doesnt understand this crypto space. It is really just that there are people who could really be able to bare up the risks on trying out to touch up other things not just that limited to Bitcoin alone. It is really just that important that the biggest part or percentage allocation or share is really with Bitcoin and the rest would really be composed of alts or something.

With this kind of method then you would really be that putting up yourself on such potential profits if this one do make out some move. We should bare up in mind that there is an altcoin/memecoin pumps
that do exist into this space or could really be able to happen. On the time that you do bag something then those things could give out that chance.
It is really just that a matter of risks taking since not all would really be having that kind of courage and risks management in towards this kind of decision.
There are people who could be able to consider out such step and theer are ones who do just simply stick themselves through BTC.

We are devolving into off-topicness when we get into diversification topics, especially if we are trying to argue in favor of diversification and then sliding into talking about which shitcoins happen to be less shitty.  

Since we are in a bitcoin thread, then if you are arguing against diversification you are more likely to be on topic than if you are trying to argue in favor of diversification.

Fuck diversification and fuck shitcoins.. take that bullshit to some other thread if you want to talk about it and to justify why you believe such at thing to be justifiable for anyone... and seems even worse for newbies.. and perhaps someone more experienced and with a larger portfolio might justify diversification or getting involved in shitcoins, but they still would probably best to limit their involvement with that nonsense to no more than 10% of the size of their bitcoin holdings and that 10% limitation might even be too much of an allowance.

For me no. Today the price of Bitcoin just reached the final price of 69k and then corrected again. But what is clear is that we haven't even reached the new ATH yet. So investing in bitcoin now is not something stupid, you need to look at the history of bitcoin every four years the price of bitcoin will continue to soar even at that time many are afraid to buy bitcoin now there is only regret, this also applies to the price of bitcoin now. Remember we haven't reached the new ATH yet, so make a bitcoin purchase now using the dca and hold method. Don't regret it later when the bitcoin price reaches a new ATH.

This statement is too harsh even though I understand why you have to use such strong word. I will not called them fools, rather they are just people who failed to see the opportunity in Bitcoin hence their inability to buy when they should only to FOMO when the price has go up a little higher than where they would have gotten at very low prices. It is possible that some of them might just be bearing about Bitcoin due to the news of the bullrun in that case you cannot use it against them rather encourage them to proceed to invest in Bitcoin because technically, there is no wrong time to invest in Bitcoin.

Assuming there is any way to establish that maybe someone heard about Bitcoin but refused to invest and later come back to his vomit after Bitcoin would have gone far higher, then such people might just be qualified to be described as unwise. However, it is there money and their decision to make so using derogatory for them may not be the best thing to do.

So many newbies coming in to the space has narrow their mindset and bent on a more getting rich quick other than making or building a solid foundation for the future, it only takes wisdom  for an individual to take advantage of the present and prepare for the future, the financial and emotional devastation that are involve in Altcoins is really on the high side, and it doesn't worth my time. It is best I concentrate on what will give me that peace of mind.

At the time of writing this post, you will see the price of BTC is already below $62k so you must have known till now that the chances of BTC price to take some correction is possible and those who must have invested at the time of ATH are fools but IMHO they are not fully. Because some must have some POV, like they might want to hold their funds until the next ATH. And those who thought the next ATH was not coming are the ones who sold their funds, and some sold their funds in order to take entry again at some better point which IMHO is not. Well, I was saying. if one has invested at ATH.

They might be waiting for the next ATH which is going to come after the Halving event. so considering this those who invested before the ATH are not fully fools but partial ones maybe. Because I will say, if they have the enough funds then why they don't take entry before, and why they are taking entry now. They should time the market with some knowledge otherwise they will make loss.

No one can decide at this point bro, as you know if someone is buying for short-term gains, may be he's falling into the FOMO, because it's so high already, and now we are in the early distribution zone, and accumulating at this point will be highly risky. We can guide cant take actions on the behalf of new ones.

If one is making accumulation for the long term, this can be a good point because who knows, when the market is gonna give some other opportunities against, and making a DCA strategy even on the ATH for the coming couple of years is not a bad take, and anyone can safely accumulate because his goal is not the temporary gains, he wants to save for years, for such mindsets, I use a phrase which common all around, it's never late in Bitcoin especially when a just a few halvings happened..

They are not complete fools, but they are experiencing FOMO, and believe that they should not miss out on the opportunity to invest in Bitcoin. Sometimes, it takes experience to learn what to do during the bull run. In case there is a significant correction due to a sudden spike in the price of Bitcoin, they can continue to hold their investment because the chances of the current price increasing further are high.

Sure , that procastinating in bitcoin investment is not always encouraging. When one procastinate , waiting for the dip without having any bitcoin in their portfolio. Whenever such increase in market takes place, it normally activate FOMO. Most time seeing the way Market as increase and how alot of people are talking about the nice  profit they are in recently. Those that don't have any would want to invest at any course to be among the testifies. Which most time would lead time buying at the top . Though buying the dip is nice and helpful too, but still try and use some DCA strategies to coverup some space when waiting for the dip. And such methods would help in building some good portfolio for yourself.

I think nobody should be called a fool because this is an open market which is likely to defect of inflate so it is all risk that we are taking even the life it self is risk we just have to be careful in order not to take uncalculated risk everyone want profit so as it was hiking we many investors came in for profit but it tuns out to be opposite but bitcoin is still the king 👑 no matter what because it will and must hit $70k 🎯 before the end of this month from my FLT forecast you maybe not believe my forecast untill some of you will regret why you didn't invest or wikk regret why you made your withdrawal......

Bitcoin has come to impressively appreciate within some days like 10% of it price on the last 10 days but If you have a spear funds you can buy and keep in your Blockchain to avoid regret whennit wikk reach $100k be a wise investor to know the right time to make your investments.....

That's just my humble opinion with forecast....

Thanks 🙏👍

I see that you have been registered on the forum for more than 3 years Faisal2202, which may well mean that you have enough BTC.

But if you don't have enough coins, then what?  You have to buy at some point.  When are you going to buy?  Did you buy today?  If not, then when are you going to buy.

On the other hand, if you have enough coin, then congratulations. Do you have any plans in regards to managing your coins going forward  and/or various selling points that might relate to either price and/or time?

We should not be presuming anyone else to be a fool in regards to their situation merely based on when they bought (including if they might have had been buying BTC in the last week) and/or if they are just getting started in BTC. We need more information before we would reasonably be able to know if they might have been approaching their bitcoin accumulation in a foolish way..


Well if you have an investment time horizon that is 4-10 years or longer, it would be difficult to assess that you are starting too late or that you are foolish for getting started. 

In the last more than 10 years that I have been involved in bitcoin (and paying some attention), I know a lot of folks over the years who waited and did not do anything in regards to buying bitcoin and we have had a lot of all time highs over the last 10 years... and sometimes it takes a while to reach another ATH after an ATH has been reached, but other times when we have not touched the all time high for a couple of years or more, then it is likely that we will continue to have more ATHs for months to come.. Of course, nothing is guaranteed, but surely anyone buying bitcoin needs to be considering his investment timeline as an important factor, and then whether he is going to lump sum buy, DCA and/or buy on dips, and it can take several years to establish a position, no matter what the BTC accumulation approach.

Yup, I do agree that it doesn't matter which accumulation approach you are considering suitable the timeline matters, but for a person who is entering the market is starting to explore and finds it already at the peak time when he came to knew about it, rather than considering that time is gone I should look for something else, he needs to realize that on one peak to other, there are many zones/opportunities to accumulate and make a good average accumulation price, suppose that he takes the entry now and around 63k to 64k and after halving the per Bitcoin mining cost is gonna be around 46k to 47k and if market takes a healthy correction he follows the Buy the Dips or even DCA he stand a chance to buy at around 50k or 54k range or even lower just a rough idea. His current buying will even be worth it for his future accumulation.

On the same node JJG, we cant compare the current accumulation with the previous cycles as you know every time a surprising change occurs as it was $2.3T for the last ATH, and now already before halving at this point of the first Bull wave, we are already hitting new ATH. In the optimistic range of a 4-10 years timeline from 2024 to 2030 or 2034 even if we can expect some changes in narratives related to Bitcoin, we can just speculate as nothing is guaranteed with the current speed even those who used to say 1sats =1$ is not so for this timeline of 4-10 years.

Becasue now the market will grow exponentially by both capital and adoption, still, retail investment from all over the world is not getting the spotlight on Bitcoin.

TBH, at this point in the current bull run I think, I did many stupid things with my accumulation the first one was taking an early exit without realizing the potential risk of no re-entry chance, I did follow some strict plans but you know in greed and fear sometimes happens I did a booking of 50% at early 35k where I was supposed to book only 25% because it was my first target. What's gone is gone, Now even though I dont consider many portfolios and accumulation enough when I look at resources as a student I did own I think its not bad as well, even though I was able to do better.

Or simply put, they don't want to missed the boat before it sails, so they wanted to join in even at the highest price that we are seeing right now. Nevertheless, whos' to blame them, this has been the cycle and it going to repeat. But the good thing is that we are not even in the top price yet. Yeah for sure we might see new all time high before the halving. But the real bull run is after that when we see prices going on a parabolic rise. And if we can compare, those who bought at near all time high on the previous cycle could bear a sigh of relieve now, specially those who FOMO at around $60k in 2021 and still holding but this time because they wanted to make a profit at least. Or they could have sold already but then bought when the price is <$40k or even lower. So still a win-win situation and you can't call them fools.

Probably way too many newbies get preoccupied with their entry price, which causes them to wait, and you cannot prepare for UP by waiting, so even if the price might correct, it also might not, so there is no ability at all to count on prices going down or even staying flat... even if they might end up doing so, they also might not.

So the ONLY way to prepare for up is to buy BTC.

Another thing is that if someone is brand new to investing, it could take them 10 years or longer to just build up a decent position that is actually meaningful.

Don't get me wrong, any investment is meaningful, but investments likely have little to no power in their first few years while they are building, and the ONLY folks who can establish meaningful investments into bitcoin in the beginning are those who are transferring decent amounts of value into it right from the start, but they no longer are going to be fitting the profile of any kind of typical normie newbie investor.

So, normie newbies likely could be nearly completely blind to price for at least 4 years and just invest at any price, and then perhaps reassess at that time, but if they are merely investing 10% or so of their salary into bitcoin, they are still not going to have very much invested, even after 4 years.. think about 10% per year would ONLY result in 40% of their salary, and sure the underlying could end up appreciating a lot during that time, but that still may not result in life-changing amounts of value.

I frequently mention a suggestion of front loading and even lump sum investing, and surely not everyone has those kinds of options available, but they likely would be good with bitcoin, and no one should be lump summing or front loading with 100% of their available cash.  If they are able to front-load/lump sum, they still should be setting aside funds for buying on the dip and DCAing.. and presumably DCAing could come from any disposable income that they might have for 6 months or longer or however might be their intial planning stage for their entrance into bitcoin.

But yeah probably a vast majority of normie newbies don't hardly have shit available to lump sum or to front load, so they will just be faced with DCAing.. and maybe trying to organize their finances so that they can attempt to be as aggressive as they can with their DCA amounts.  It still takes a while, even if someone is ready, willing and able to be aggressive, and tops like this should not discourage them from getting started...


You sound distracted if you are using dumb-ass ideas of $2.3 trillion... because no one should give any fucks about shitcoins.

The last time around bitcoin reached around a $1.2 trillion market cap..,. so let's try to focus on bitcoin when we are considering relevant numbers.  Yeah there are shitcoins involved sucking off bitcoin's tit and hanging around as affinity scams and sure there could be some value in some of that crap, but it muddies our thinking and our numbers when we fail/refuse to focus on ourselves on the important asset - namely king daddy bitcoin.


That is way too optimistic to be considering $1 per sat or 1sat per $1, and bitcoin is not even needed to come close to those numbers in order to be able to prosper stupendously by getting involved in it.. and yeah, people can ONLY be as aggressive as they are able to be without overdoing it, and maybe trying to be too strategic about trying to figure out the price is going to lead to either waiting around or getting distracted into trading and/or shitcoins.

In the last 6 months or so, I had revived my fuck you status chart (https://bitcointalk.org/index.php?topic=5376945.msg58719591#msg58719591) in more conservative ways, and I probably ended up overdoing it, so I will probably have to revive it in order to be a little more bullish, but still even with the projections of my fuck you status chart beyond 2074, we are likely not reaching $1 per sat until around the turn of the century (at least in terms of the 200-WMA, which I believe is the better way to valuate bitcoin in terms of bottoms rather than in terms of tops).   I had been considering if I should post an update to that chart prior to the end of May 2024, since it appears that we are on track for at least a 25% rise in the 200-WMA for the 6 month period (which is likely more than $36k) rather than the 16% that I had projected.

But even if we look at the 200-WMA and we project out 4-10 years, then 4 years puts the 200-WMA at around $114k and 10 years puts it at $389.5k.  That is from my updated chart rather the the above-linked current one that is posted.

So part of the point is that any newbies should be able to invest into bitcoin regularly and consistently and still likely be doing fine, even though there are likely advantages to front-laoding the investment, but not many newbie normies are able to do that, so they have to just do what they can without overdoing it and losing their shirts because they devolved into gambling/trading rather than investing.


You are correct.. We are likely in the early stages of exponential, and even though BTC's market growth (and price) already looks exponential when we look at the historical charts, there is no reason to conclude that such exponential growth is not going to continue, especially since the evidence (logic and facts) still seems to strongly support that bitcoin is the soundest and most pristine asset known to man... but still not too many people realize such.. .even though more and more people, institutions and governments are coming to realize such.


Well, that's too bad.

You likely are not realizing the power of this bad boy, and you have to have persistence and even through all of my 10 years investing in bitcoin, whenever I sell BTC, I am always presuming that I might not be able to buy it back.. so in that regard, from my point of view, sales are always relatively conservative, and without any expectation of being able to buy back.

One of the problems of newbies and even experienced bitcoiners (traders and gamblers) is that there is too much presumption of abilities to buy back at cheaper prices and also they are trying to use sales of BTC as a way to accumulate more BTC, and that's not how it is done.  The ONLY time any true bitcoiner should be selling his/her bitcoin is when s/he knows that s/he has enough or that s/he has more than enough.  Otherwise, no selling of BTC should take place, until reaching that status of sufficient accumulation or better yet over accumulation... easier said than done, but it takes discipline and a long time to build up a bitcoin portfolio and none of us should be taking for granted how many sats that we have accumulated or that we can buy them back at the same price or even cheaper than the current price.


Hopefully you will learn a lesson to just keep buying and stop fucking around with trading and trying to be smarter than the market.

Another thing is that our move from $25k (August/September/October) to current prices of $65k-ish has been pretty damned brutal for either the bitcoin non-believers and/or those who sold too many coin too soon.  There have only been a couple of corrections greater than 12%, and even the corrections of 8% to 12% were not very many.

And maybe we can say a similar thing from the low of $15,479 in November 2022.  There have not been a lot of large correction since November 2022, either... so lots of good buying opportunities that were not really realized until later.. and once we start hitting all time highs again like yesterday and probably like the weeks and months to come, even sometimes we might start to consider bitcoin's whole history as having had been great buying opportunities, and many times we get too fucking caught up on short-term price moves or anticipations of what might happen, without realizing that bitcoin's whole history has been buying opportunities, and it is only going to continue to get more and more difficult to get cheap coins, even though bitcoin is also volatile and going to continue to be volatile..


We already did see an ATH.. yesterday, and yeah it is looking more and more likely that we are going to see $100k before the halvening and maybe even land somewhere in the range of $120k and $180k prior to the end of 2024.


I can't disagree with you on these points.

How do you know that this price is the top? This price might go up to $80 000 or $90 000 or even $100 000.

You might get in now at a bargain price of $70 000 and be able to sell it for $100 000 within a month from now.

We do not know what the impact of the hype surrounding the "Halving" will be, so this price might still be low. Everyone are too focussed on the price now... rather focus on hoarding and not selling any coins now.

Why do you think the current price is the peak? Agree that Bitcoin price has had very impressive growth in recent times, and I'm sure few people can imagine that Bitcoin price can surpass the old peak in 2021 so soon (usually it will happen after halving event). And many people out there are also saying that Bitcoin must have a big correction when the price approaches the old peak, everyone can see that clearly, and the market makers and MMs out there also know that you will think so. Usually they are people who do not want us (retail investors) to go with them, so we will not know for sure whether Bitcoin will continue to go up or adjust down.
It may be too risky for someone to buy Bitcoin now in terms of technical analysis, but you should remember that we are at the base of the rising wave, not at the peak of the cycle, where Bitcoin may go higher from here. If the price of Bitcoin continue to grow, will they still be considered stupid? Don't try to predict the market. Buying now and holding on with a long-term vision is not a stupid decision, unless you sell when there is a strong market correction.

I don't think so unless they sell in the case of a price correction then that means that they're really stupid and a fool for buying at that price and then doing a panic sell, I wouldn't say that someone is a fool for buying bitcoin no matter how much is the price because at the end of the day, if you look at it in the long-term they're going to still profit, that is if they hodl, when you invest in bitcoin, your next actions are going to be the ome that would decide if all the stuff you've done in bitcoin investing is foolish or wise, that's my take on this as it's vastly different with altcoins since altcoins are most likely to not get another ATH and wouldn't be having any kind of progress and hodling for the long-term is fruitless most of the time.

Maybe because that is the current price which he think the expensive one to accumulate and he just forget to know the whole picture about currently going on the market that there's a possibilities to grow more. That's why we can safely say that this is not the last price of bitcoin to reach and there are provably more since bitcoin is speculated to hit at six digits in figures. But if they don't trust that it will happen and consider a risky situation to trust then maybe they might call people which still accumulating as a fools or whatever negative they call since they don't know everything about it and just there because they are been hype on short term situation happening on bitcoin.

But they need to know that buying at whatever price which people is comfortable is not a bad decision since at any price people can accumulate its just we have different target and for sure those people who enter at current condition aims for future since they believe that there would be a lot of chance for bitcoin to grow more.

Investing in BTC at ATH certainly cannot be called stupid as long as intend to invest for the long term and are prepared to take risks because those who buy BTC when the price of Bitcoin is very high will certainly not make a loss as long as they keep it for the long term and only sell when there is a profit.

Of course we have seen fantastic bitcoin price movements and last night when I saw the market, the BTC price rose very high at $69k and honestly this reminded me of the 2021 bull run.

op regarding BTC price corrections of course there are always and last night after the BTC price rose high immediately many people panicked selling and in the end the BTC price fell but now the BTC price has risen again.

So in my opinion, the most important thing in buying BTC is that our have to have a goal, be ready to take risks and only money that you are ready to lose is worth putting in Bitcoin.

Your assertion is not entirely accurate as we have no evidence to prove that every 4 years bitcoin will continue to go higher. Like this year history didn't repeat itself as btc hit ATH before halving, something no one thought about until it happened. Therefore, the investment decision now is not right or wrong but depends entirely on the level of risk we can accept. Think of the scenario if we buy now and the price does not increase after halving but will increase 5 to 7 years later. That is a risk we should consider because any scenario can happen, the market is unpredictable.

It's not stupid to get some BTC when you can, either the price is high or not, you are only stupid if you invest all you have into BTC at once, nothing beats buying at a certain price right now and doing the same thing a week or month later, investing in BTC should be a gradual process, not all in an instant.

It's why new investors must not sleep on DCA, there is no way you are going to miss out, because BTC price isn't always the same in every month, and if you keep using DCA you won't worry about what this present value is.

The fools are those who don't buy anything, they never take any actions because they want BTC to go lower before they start buying, such people are the biggest fools in this crypto space, and I do hope that they learn their lessons, it's always risky to be out of bitcoin especially when the price tumbled over.

I see both sides here.  Dollar-cost averaging has merits for the average investor looking to mitigate risk.  However, for those with conviction in an asset's long-term trajectory, temporary pullbacks may present opportunities. 

Ultimately no strategy is one-size-fits-all.  DCA offers stability while lump sum buys enable one to capitalize on dips and  with crypto's volatility, the latter requires strong belief and risk tolerance.  Still having funds ready when blood is in the streets takes courage and may be rewarded.


The people holding out for some massive drop in prices - they may just miss the ride completely.  Not saying it won't happen, but that's the chance they take dragging their heels.  In my experience the real fools in crypto are folks too frozen to commit one way or the other!

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I am not sure if you are getting your premises right based upon which you make your investment decisions or judge others' investment decisions. If something peaks, couldn't it be a buying signal? You should rather ask yourself why BTC is peaking again and whether there is good reason to assume that the network will continue to grow. Whether there is still potential for BTC to maintain or increase its rate of adoption. Whether there are other factors that could contribute to BTC's price to further increase.

I think in general being cautious during hypes is good, but making it a rule of thumb to refrain from investing in something that has peaked doesn't make a lot of sense. It is no level of analysis or anything, it sounds more like an ill-considered principle.

There are still people buying Amazon shares these days and I think there are more people thinking that Amazon can't grow any further than there are people thinking that BTC can't grow any further because Amazon literally controls the global market, everyone is using it (except for the Asian area, which is Alibaba) and Amazon is doing everything one can imagine from technology to nutrition and yet they are growing. If you look closer, you can understand why Amazon keeps expanding.

Familiarize yourself with important markers of BTC and then contemplate whether these markers have reached certain limits that you can make up for your own hypothesis. I guess you will see that there is room to grow for BTC.

If you look at past prices, there had been no time when bitcoin investment was bad.. If you invested anytime in past 10 years and held it till now, you would always been in profit. So, again, if you are investing for long term, it does not matter at what price level you are investing. You will be profitable if you hold for 10 years. I think that growth in bitcoin prices will be faster in next 10 years in comparison to first 10 years of bitcoin.

Investors who are investing in bitcoin now are not fools. Those investors might have been in doubt about bitcoin, but the recent bullish price in bitcoin might have made them change their minds about it, and they started accumulating it now. There is nothing wrong with accumulating bitcoin now if you have the money, because bitcoin is a long-term investment, like 4-5 years before you can gain a huge profit. You have to start somewhere if you want to accumulate bitcoin.

These investors are the OG investors. They know the value and capabilities of Bitcoins. They know how Bitcoins have risen from nothing to becoming the highest available digital asset. They also know that Bitcoins are limited in numbers and now people are demanding to buy the coins. In order to meet the demands the price will also go up and at that time they will sell the coins to make the maximum profit from the coin. This is the reason for which they buying at current price also.

IMO its not dumb investing at/near ATH if you are sure it will go double or higher in the future as it should. Personally i would not do so, but the highs are where people sell and when the hype is highest. 

You noticed well, but I am a bit greedy in terms of BTC, even if I had 1 BTC I would say I don't have enough BTC, but now I will say yeh, I saved some btc by doing DCA. Thanks to signature campaigns.
I got your point, some people have to enter market at some time, there could be many possibilities or reasons of why one person invested back in time and why stopped back in time, and why investing or stopping now. I was simply trying to cover a few possibilities. In conclusion, I tried to say, If one really wants to take entry into the market, he/she should judge the market first and get some knowledge first to do that. After that, they can easily know which time is best for them to take entry. They might not get the best time to enter market but can get at least some of the benefit by judging it right. As OGz used to say no one can time the market fully.

You are right, we should not call someone fool, we don't know the situation that person is in. I can't agree more with you and I was not trying to be rude by calling people fool or partial fool, I was just trying to shed some light on the OPs opinion who is calling them complete fool. I guess I add more rudeness to it by saying partial idiot.

I admit that buying BTC at the peak of the highest price is not an ideal decision, but I don't think that means one is stupid.
I understand that the price of bitcoin is highly volatile which means its value can quickly and unpredictably spike or plummet at any time. Yes, even so I see that if one believes in the long-term potential of bitcoin, I think there is still a great possibility of making profits in the future. Especially if someone masters the basic techniques and goes deep, it will really help him and if there are losses to be had, it will probably be very minimal.
So in conclusion, in my opinion from some of the information I get if we want to get maximum results it depends on our own analysis (knowledge) and not only for BTC purchases, I think this can also be applied in other businesses.

Translated with DeepL: https://www.deepl.com/app/?utm_source=android&utm_medium=app&utm_campaign=share-translation

I don't agree with this because, in the last decade, Bitcoin's price has managed to touch new heights and went up multiple folds because it wasn't priced very high in the initial days and years, but now, the price has already become very high and for it to gain multiple folds from here or after this bull run, the price will need to touch millions and that doesn't sound realistic to think about.
You are right though that one shouldn't be considered a fool for investing even at current prices if they are investing for the long term because we all know and Bitcoin has proved it multiple times that investors that hold their assets for long-term tend to become profitable eventually.

It's not really a good idea buying Bitcoin at all time high as it stand now neither is the person buying a fool, having the mind set that Bitcoin is a long-time investment there is a possibility that Bitcoin will hit all time high ATH this year one could still make a huge profit from it who knows. Most successful business people we see today took risk in life to be successful but that doesn't mean one will invest all what he/she has to invest on Bitcoin at all time high.
Those investing now knows the capability of what Bitcoin can produce and also their profit when it hit all time high this year.

While choosing Bitcoin over altcoins demonstrates a risk-averse strategy, it's crucial to recognize that entry timing significantly impacts investment outcomes. Purchasing any asset at its all-time high inherently carries greater risk, as future upward price movement is not guaranteed.

Market corrections are an inevitable reality within the financial world, including the cryptocurrency market. While predicting the exact timing of such corrections is impossible, preparing for them mentally and financially is essential. Panic selling during price dips often leads to suboptimal outcomes, and maintaining a long-term perspective is crucial for weathering market volatility.

Therefore, a strategic approach to investing in Bitcoin or any other cryptocurrency is paramount. This involves thorough research, understanding of the underlying technology and market dynamics, and a risk tolerance assessment. Employing a dollar-cost averaging strategy can help mitigate the risks associated with market fluctuations by spreading investments over time.

I am not sure if you got my point, and I doubt that there is any necessity to study bitcoin prior to getting the fuck started.

One of the main problems that normie newbies have in regards to bitcoin is to get the fuck started.  The main thing that you have to figure out is if the $10 that you have in your wallet is needed for expenses or is it something that you would consider discretionary/disposable income, and if you have discretionary/disposable income then you can get started sooner rather than later.

Another part of the point is that if you have already assessed that you are either a nocoiner (which is not your case @Faisal2202) or a low coiner then you have to just keep on investing regularly, persistently and consistently.  Once you get enough and/or more than enough, then you can slow down. 

In other words, the mere fact that we just touched on ATHs in the last 48 hours, that still does not mean that the price will ever be lower than it is today... so if you have assessed that you don't have enough bitcpoin, then you keep buying until you have enough... you don't wait.  Waiting is not an accumulation strategy.

Don't get me wrong. If you are already buying BTC ongoingly, persistently and consistently, I don't have any problem with the idea of holding back some value for buying on dips.. but the main thing if you don't have enough BTC is to continue to buy, even if you might end up having a higher cost per BTC, what will be more important after 4-10 years or longer is that you look at your BTC wallet and you see that you have 1.56294315 bitcoin rather than 0.00812536 BTC.  even if you had to spent $40k for the larger stash rather than spending $200 for the smaller BTC stash. 

You are going to have way more options with more bitcoin, so long as you do not over do it and cause yourself to get recked.  You do not overdo it by buying BTC regularly, persistently and consistently, as long as you figure out your discretionary income and you are not spending from money that you need, which you should be able to figure out those kinds of relatively basis personal financial management matters.


Fair enough. 

There are some folks who might aggressively invest in bitcoin including buying more when the prices are going up and buying less when the prices are going down, so they are making a lot of mistakes along the way, but if they continue to buy and hold and don't over spend their budgets and they don't employ leverage or sell any of their bitcoin, then by definition when the next ATH comes they are going to be in profits no matter when they bought their coins.  So they might have some periods that they are looking foolish, but who is going to care 20 years down the road when they spent their first 10 years buying like crazy and at any price, then when it comes time to start spending them, they are likely going to have way more options than the person who was failing/refusing to act.


Without context, it does not hardly mean anything merely becuase someone starts to buy BTC right now, even if they might have had opportunities to buy in the past, and I am not even we can assume that from OP's lack of framing.


Why the fuck should any normie newbie even be striving to "maximize" results?  That is retarded. Yeah people think like that, but it is still dumb.

The main thing to do is to get started and to buy for a while, and there is no way that any of us are going to be able to "maximize our results," even if that were our goal.  We all make mistakes and BTC price moves both to the upside and the downside are outside of our control, so almost no matter what we do, we are not even going to get close to "maximizing results," and that does not even sound like a reasonable and/or smart perspective when it comes to investing into something like bitcoin.


Deepl is retarded.   :D :D :D :D


People always think that they missed the boat when it comes to bitcoin, but bitcoin is likely going to continue to go up, and yes it is likely to go up to $millions, but is it not guaranteed and we don't know how long it will take to get to $ millions.

On the other hand, you don't need to make millions in order to profit stupendously off of bitcoin, even if it has modest returns, and if you are worried about how much it might return, then invest whimpily into it, rather than aggressively, and you likely will still end up doing well, except  you may well be regretting that you had not invested more aggressively.

Part of the definition of an asymmetric bet to the UPside (which bitcoin seems to be) is that the most that you can lose is 100% of what you invest, as long as you don't employ leverage or engage in other unnecessary risk taking plays.


At least you got this part right.


We are talking about bitcoin here and not shitcoins.  Furthermore DCA and long term investing works with bitcoin, and not necessarily with shitcoins, so yeah, you may well have to study shitcoins prior to investing in them and also figure out your in and your out strategy.  So even teh idea of buying shitcoins is different from investing into bitcoin for 4-10 years or longer.  With shitcoins, you may well be quite nervous to get involved in any of them more than just on the swing, which is more like gambling rather than investing..

Call them fool when the price suddenly drops hard and will never grow again forever ,but talking
about bitcoin will always make its way going back to its old ATH and for me? that is more practical than
just investing in total shitcoin that you don't even know what will be the future while bitcoin keeps growing
each Halving after.

Love it or hate it, the best time to have buy most bitcoin was in 2022 and 2023, that was the lowest for Bitcoin, 17k and 15k, unfortunately people are looking forward to 10k even when ETF approval is looking more possible.

There is still nothing bad buying now, but the best move was buying way lower, those who bought at 15k are already in massive profits right now, they might not even need to wait for a new all time high anymore, this is what smart investors do, when there is disbelief in the market, you should be brave enough to push the buy button.

Bitcoin will make a new all time high for sure, but we don't know how high it will go, I will advice to buy slowly because of possible pullback and don't expect a massive profit buying at the present price.

Bitcoin has not gotten to its final all time high but only equalled it's former all time high, so purchasing Bitcoin now is not being stupid when there are still many opportunities ahead to still make good profit. In times like this, after few pump there is always room for correction and it is expected yet doesn't affect those who wants to invest. It's good trying out the DCA approach towards investing now, incase the correction comes will also enter at the low price.

Uncertainties will not allow some investor to understand there's still chance for them to gain in bitcoin investment in respect that every body is saying that bitcoin has already reach ATH that doesn't mean it will make another history ia ATH apart of getting to the value $69k there still bigger chance for new investor to win and gains alot of profit because bitcoin has been the only coin which has been growing widely and vastly behind the whole market cap...

I will always encourage people to start anytime you think you have to start there is no best way to than getting started I can't advise you to go down and start picking those shit coins that has no value and we don't even know if it has a future I can't give such advice to anyone (investors).....

I read a post few days again and someone who never knew that bitcoin will ever get to $69k was saying that bitcoin reach the final ATH that is no longer going to grow any bit again I was so shocked when I see and read how sound the yound guy was saying it I just shook my head and scroll it up you know some people don't understand how this things works that is why they are limiting themselves along thinking they are limiting a bitcoin that is used almost all the universe...

So what I am trying to say here is that bitcoin hasn't start growing yet it can get to $100k by the end of the half year it is possible if you are lead altogether to invest go ahead and do so nothing can stop you from losing you will only have to exercise a little patience and watch yourself grow in the market along with your bitcoin......

So I will say that it is not stupidity  for an investor who found it interesting to invest in bitcoin at ATH now

Thanks 🙏👍

Usually this is true for people who don't have a specific plan with their investments, and are just coming to the market on a shortterm basis hoping to see quick profits, but perhaps they also are victims of ignorant FOMO.

Whether buying now or at ATH, understand that bitcoin's price rise has just begun and it is only a matter of time before it reaches a new ATH, the only thing to do for those who don't want to do research much is patience. Although the current period of bitcoin volatility is large, it always comes with opportunities/risk for everyone. If you make good use of it, it's natural to laugh out loud with your investment.

Accumulating bitcoin in the bear market is better than accumulating bitcoin when the price is at its peak because you will accumulate most of your bitcoin at a low price. But if you have any money, you will not be using it for a long time, and you want to accumulate bitcoin now. Since bitcoin is a long-term investment, you can accumulate and still make a big profit if you hold it for a long time and never sell at a low price. Using all your money to invest in bitcoin is not a good idea. You will end up selling your bitcoin because you did not make provision for a reserve fund that you will use to settle your unforeseen financial problems.

The assumption that people who make purchases in the current conditions are stupid is not much more stupid than people who can only talk but are never moved to buy. Their habits are influenced by shallow knowledge because in fact we see that Bitcoin's rising period is always marked by a cycle for its highest price and the problem is that they are unable to assess the accumulation of buying and selling conditions in which period? Bitcoin can be bought at any price, but we also have to be a little rational because not everyone has the same opportunities.

I mean if we have small capital then we should better understand when to try to accumulate and when to use the DCA method. In contrast to investors who have a lot of capital because price is not a problem for them to buy, there are times when large investors run counter to small investors because for us small investors have to be clever at taking advantage of opportunities.

No one knows.  If history is any guide and if you have patience then it is a fine time to buy, particularly with the halving coming up in a few weeks.  The time to buy is when you can because you never know when you will need bitcoin.

I wouldn't say they are fools but for sure they are taking a bigger risk than the majority of people. Anyway this year there is a high probability that we could go beyond $100k, so even if before it dumps, if they hold, they can still make some profit. It also depends what their plan is: if they actually want to buy bitcoin or if they just want to make some profit, in that case I think that it would be easier to bet on some altcoins, more space for them to grow.

It depends on your purpose. If you are buying bitcoin because you firmly believe that history will repeat itself and will reach a new all time high soon, then buying bitcoin at its high price is never a foolishness. However, if you are buying bitcoin because of hype and FOMO, yet you never made a research prior to investing, then you are being a fool in there. No matter how profitable the investment is, as long as you’re incapable to make it work and succeed, then you are not thinking smartly, but acting like a stupid investor.

I would say no because it might go high higher due to bitcoin etf n halving. When price goes up investors have FOMO then they keep buying will have new ATH.

We are in a bull run, or about to enter a bull run, bitcoin is still going up and will go even higher than where it is right now, so, to answer the question more plainly, those investing in bitcoin right now are not fools, why? Because according to predictions and available data, bitcoin may likely go as high as $150,000 and above, this is a conservative price prediction, if we are to be raw, I would join those who are saying that bitcoin will record a new all time high of $300,000, if you check the current price of bitcoin and look at where the price is going to, you will understand why those who are buying even right now are buying.

And yes to your second question, bitcoin is an asset that fluctuates in price, this means that, the price goes up and down, while the price of bitcoin reaches its previous all time high and goes into discovery of another all time high, there will be corrections from time to time, and this is because those who invested earlier will try to take profit, which will cause the price to drop, this drop is always good, as it will allow or create a chance for new investors to also enter the market and be part of the fun ride.

yeah, this is not wrong. When bitcoin is in the spotlight like it is today, many ordinary people rush and buy bitcoin using their main money. They buy just because it's hype without knowing what and how bitcoin itself is. This happened in my environment. Quite a lot of ordinary people ask about the price of bitcoin and want to buy it.
However, for those who are ready for the risk and believe that Bitcoin price can reach a new higher ATH, I think they are taking that decision based on their own research and analysis. Because if you look at history, the price of bitcoin could rise even higher after the halving occurs.

I don't think they are fools because their contributions are necessary for the crypto market to spike its price this upcoming year and there would be another batch to follow them as well because the loop will not stop until some other people dump their bitcoins and lower price and it will surely affect the market and the price will dramatically subside along with the hype. As far as the bitcoin halving season is still here, expect more people to buy bitcoins even if the price is high and expect the price to grow as well until it reaches another ATH.

For bitcoin to continue to increase in price, the demand for it must increase even more and new investors are that catalyst. So, frankly speaking, it is difficult to say whether they are idiots or not, but without them, the market would hardly develop and bitcoin would not increase in price. Therefore, deciding when to enter the market is each person's decision, we have no right to judge whether they are right or wrong.

As an old investor, I wish more people would enter the market because then that would push the price of bitcoin higher and it would be a good time to make a profit. It sounds harsh but that's how financial markets work.

They are not stupid and they also know the big Bitcoin bubble that just happened is not over yet. Their belief in Bitcoin is so strong that they dare to invest even though prices are soaring. Who knows, now Bitcoin has reached ATH or peaked this year. The price of Bitcoin is very difficult to predict, making them confident that the price will continue to soar high. Even though there is a slight correction, it is a market cycle that cannot be avoided.

Buying Bitcoin in conditions like now is still the best option if the goal is to hold it for the long term rather than sitting around doing nothing. Because we can see that there are many people who are starting to regret it now because they are still afraid of buying Bitcoin in the past. So people who already believe in Bitcoin don't need to be afraid to continue buying at this time if they still have the ability to use the money and put it into Bitcoin as a better investment option for ourselves.

Investors with small capital should not be confused with investors who have large capital because the stages of buying Bitcoin for long-term purposes are slightly different in the methods they will use. But personally, I will continue to use a method that doesn't make it difficult for me when I want to buy whatever I want because this can at least help me accumulate the capital I have even though what I want to buy is the best asset like Bitcoin.

Do they have faith in bitcoin or are they Fomo because the news is spreading about bitcoin on the internet? I'm not saying they are stupid to buy bitcoin at high prices but before buying they need to have clear knowledge and vision about bitcoin. They should not buy bitcoin with a Fomo mentality and know nothing about it because there is no guarantee that bitcoin will continue to go higher in the future, it is all just a prediction and everything is risky. We should always have a backup plan and not be too subjective, especially with volatile assets like bitcoin.

As a general proposition, that would be dumb to invest in shitcoins instead of bitcoin (or even accompanying a bitcoin investment), probably especially for a newbie.

This bull run is going to be very massive and we should be very prepared to ape in and accumulate. If anyone is buying Bitcoin at this stage, it's still a good idea because the Bitcoin halving is still loading and that would make the price of Bitcoin skyrocket for users to make more money. We need to have an investment strategy and know when we are leaving the market and coming back again without much thought. If Bitcoin could reach all time high at this stage when the price of Bitcoin and the halving has not occurred, we could be lucky to earn more from Bitcoin with time.

That sounds more like a trading strategy rather than an investment strategy.

Unless you are talking about investing in bitcoin and then just leaving your investment sit for a period of time, such as a year or two or maybe a cycle or 6 years. 

It is not easy to leave an investment alone, except I know some guys who left when they had invested in BTC, and they started to see the BTC price correcting, and so they left with the purpose of not thinking about their investment for a few years while the market corrected and potentially returned to an ATH 1, 2 or 3 years down the road.

Are you implying that we might b correcting from here?  I have my doubts about any kind of imminent and/or meaningful correction, even though I realize that anything can happen, especially with some short-term surprises that end up having lingering effects - and those kinds of things could end up happening in either price direction.

Buy high and sell low. This often happens to people who buy Bitcoin during peak and dispose of their BTC when seeing the marker decline.
But for me, it was not a foolish action they have made but just a big mistake for someone who doesn't know what it is all about.
FOMO - is also a factor making people decide to buy at the current price believing it grow more. Unfortunately, the market never goes smoothly and continuously grows, there are times that dumps happen after the pump.

It has been said that there is no perfect time to buy but at least, buying Bitcoin during corrections is more profitable than buying during bull season.

That is what usually happens to people who don't understand bitcoin but also finance in general: in the long run there is a very high possibility that bitcoin's price will keep going up. I'm not sure I would buy today at $68-69k, maybe I would wait for a little dip, anyway even if you buy at the very top of the cycle at that point you need to be patience and wait for the next ATH, and then you're in profit. Of course it would mean waiting for months or even years, but you only lose when you actually sell.

If they buy now and lost confidence after correction then decided to sell it is stupid move and those you can consider as fools but there are people who enters now and wait for the price to go higher it can take months or years and definitely they still can make money in the next cycle.

Sure, we are at an ATH, but there is no evidence beyond almost pure baseless conjecture that we are at either a local top or another ATH.  In other words, if you either are a low coiner or a no coiner, you better get your off your ass and buy some bitcoin - otherwise you are not prepared for up, and it is not going to do you any good to prepare for down if down does not end up happening.  If down does end up happening, and you bought at current prices ($68k-ish), then hopefully either you have some dry powder to buy some more or you just HODL through the period in which the BTC price is lower than your purchase price.

Hopefully anyone getting into BTC for investment purposes has a timeline of 4-10 years or longer, and if they happen to be a newbie to bitcoin and just learning about bitcoin, it is way better to get started rather than waiting around, especially you likely don't know too much about bitcoin if you happen to be a newbie, and getting involved through buying and establishing a stake in it, is going to help to inform you in a more active way rather than sitting on the sidelines and waiting for something (such as a price drop) that may or may not end up happening.

I think it's both.
People who are investing now because of FOMO rather than accumulating Bitcoins/Satoshis for a few years to cash in profits, then yes they might look like fools. Who knows if more ETFs came and made them lucky they should have invested when we had a bearish market for crypto.

No because they may be day trading and have a good stop loss in case bitcoin goes south (which is unlikely to happen but we never know for sure what gonna happen in future, it's only predictable)

I also want to add people who don't day trade but get too much emotional about the price of bitcoin then it's not for them because they won't be able to live a stable life thinking about prices all day long.

maybe.. but not because bitcoin will not increase in price but because they could have maximized their profits by waiting and buying bitcoin when the price is going down bitcoin will still increase in price for the next following months and its “peak” would be nothing compared to bitcoin’s price right after halving

it’s their money in the end so if they feel they can do and invest their money no matter how high the price is then good for them

Well, some of those who are buying right now are those who are new to it, so they never really had an opportunity to buy lower and I don't think they would wait for the next bear market to make their purchases so they don't really have a choice. However, some are those who didn't buy when Bitcoin was lower because they thought it will go even lower than that, and they are buying now because they have got the impression that it isn't going to $10k anymore.
You can blame the second category of buyers who are buying right now because they had the opportunity to do that earlier but they didn't because of their ignorance or maybe because of lack of experience and knowledge.

Looking like a fool, and actually being a fool seem to be two different things. 

Another thing you mention is accumulating bitcoin for a few years so they can cash into profits, and sure I suppose that could be considered as investing, yet for bitcoin I have a hard time considering anyone who would be buying into bitcoin for periods that are less than a full cycle (which is 4 years) to be an investor rather than a short term trader.. which is not the same as investing, at least from my perspective.


Fuck crypto.  Who cares about shitcoins?  This thread is about bitcoin. .so if you are into shitcoins, I would agree you are probably a fool, especially if you had not figured out bitcoin first and maybe limiting your exposure to shitcoins to less than 10% of your bitcoin stash.


Having a stop loss also sounds like a trading mentality rather than an investing mentality.   An investor might have a plan to buy more BTC if the price drops below his initial investment point rather than selling, and a lot of time the idea of investing also comes with the concept of commitment, which is where the expression of not investing more than you can lose.. so there may well be a commitment that comes with investment to ride the investment down to zero, unless there might be some strong evidence that broke the investment thesis, beyond merely the price going down.. 


If someone gets overly emotional, they probably had invested more than they can afford to lose and/or they did not have a plan for down, which should have had been either to hold through it or to buy more.


How do you know that the BTC price is going to go down?


How do you know that the price is going to go up?


That's no answer to anything... you are largely just saying "it's your money, do what you like"  ::) ::)

And that's what beginners feel because they don't have experience or understanding about Bitcoin and Bitcoin movements, and I understand it because a situation like that will make them confused and doubtful so that in the end they keep buying without caring about the price.
However, because there was a lot of positive news and maybe they tried to do a short research and there was still a lot of good news regarding the future price of Bitcoin, they finally decided to buy it. Because they already believe that Bitcoin will rise once or several times again which will give them profits.
And in contrast to those who have been involved with Bitcoin for a long time and also have experience and knowledge about Bitcoin, they will still buy if they have a lot of money. Because knowing that Bitcoin price will exceed the previous ATH, and I think that will become a reality.

Investors will never take the risk of investing in crypto when risk is high such as legality is in question, or if security of coins has to be undertaken by them which was a big ask...but with spot ETF's these remove the risk of losing Bitcoin if a hack was to happen and for price to soar and break the ATH, institutional investors we a must have in the picture and they are very much in it at the right time as potential of price to go up is still high.

Bitcoin always witnesses corrections, nothing only goes up in a straight line forever. Corrections & periods of sideways price action are a good thing. It signifies a good, healthy, liquid market. Bitcoin is the best performing asset of the last 10 plus years so people buying now are absolutely not fools no. Bitcoin has no top, it’s going up forever. We are not even at the halving yet, there is far more upside potential in the next couple of years.

I don't think so. Maybe there are some beginners who fomo by buying bitcoin when it is bullish and has entered a new ATH but in the end we must realize that what is the goal we want to achieve here.

If indeed it is only a moment and get a small profit even though it is good but it is a situation that is a little silly especially if the capital we have is only sober but if in the end if their goal is long-term it is not a stupid thing but it should be appreciated because after all they at least know that bitcoin progress will continue to grow over time and it could be that the price of ATH now will be considered cheap in the next few years. Therefore I will not consider it a futile act and a stupid act but instead we must appreciate it because at least they already want to try something new that they have never done before.

Actually they still  have the chances. For me, this ATH is  not the end of the Bitcoin price will be in the bullrun. It is not stupid, only quite late. But, nothing to regret. As long as they have known the idea and going to invest in Bitcoin, at least, without any doubt and panic, they still have the chances to take profits.

For, we are still not in the peak of the bullish era, we are heading for  this. So, the chances for rising up again, still very high.

We know that Bitcoin halving is still not happened yet, so, why should blame them with this word? Nothing to late. Just go on and make your own financial management when investing in crypto. Bitcoin - to - the - moon

No they are not fool, they are smart. People are expecting bull run to start soon, so they believe when bull run starts, then we should be expecting a new all time high. So investing right now is really a good idea, if you think they are fools, then don’t invest now, just keep on looking at them, and you will end up regretting later in future, people you are thinking they are fools right now, will be the smart one’s in future, and you that think you are smart will end up regretting why didn’t you get bitcoin at his current ATH.

Sure there will be a correction, but just as you said, a correction but not a dump. In market their is always a correction, you don’t expect market to keep on increasing always, their is always correction m, but hope you know correction is just different from dump.

It's never too late to invest in bitcoin, I felt this way when the price was around $35,000 and regretted the moment missed before, but I realized that bitcoin will come back and the hystory is quite clear. I started buying dca and I also often get from this forum too. For me the current high price is not magically born and with a logical journey. The halving of bitcoin let the community know when the moment of the bloodbath arrived and what positive impact it had on the price.

Not the maximum high / peak today friends, you can buy bitcoin today, see the time span you posted until now, beautiful bitcoin. If you wait for monet in the future it will be too far away and not sure when, if you regret the price currently recorded for bitcoin which is difficult to reach completely, don't be sorry maybe next month will be more unpredictable on all crypto currencies. Bitcoin is the destination.

It all depends on the investor, it doesn't matter what the price is when the investor thinks the time is right to invest. Now big institutional investment in bitcoin is buying bitcoin when we think high price they are taking entry in the market means they have proper strategy how to build their position in the market. Many of Bitcoin's previous ATHs have subsequently bottomed out, and the ATH that Bitcoin has now may also eventually bottom out. Then those who buy at ATH also become profitable sometime. The potential that Bitcoin has and those who are aware of that potential know that even if they invest in ATH of Bitcoin, they will become profitable at some point, so they may have to be patient. This is what bitcoin history suggests as Bitcoin broke the previous ATH and made a new ATH after the bull cycle started.

There is always going to be price correction with Bitcoin because the market isn't a stable market and as the price rise and people take profits, the market is going to fall. Bitcoin market is highly volatile, people investing in Bitcoin at any price aren't fools, their investment will make them to be in profits in the future if it doesn't make them profits right away. The market is just warming up and if you think that investing in Bitcoin now make you a fool, wait more and you'll see that you would had made the right choice if you had joined those investing in Bitcoin at this price. $69,000 which was the highest price for the last Bitcoin bull market isn't going to be a difficult challenge for Bitcoin to pass any longer as Bitcoin is already doing that without the momentum of the after halving effect.

With different buying prices, their purposes and holding periods will also be different. Maybe those who buy at this price have to hold longer than those who buy at below price entries  to make a profit. And one point we need to consider is that for those new to this market, when Bitcoin price is 69k USD, it is impossible to compare the entry price of those who have known the market before. They cannot wait for Bitcoin's price to drop to a low price like previous participants
 to buy in, and this possibility up to this point is extremely difficult. Do newbies have to skip investing when the price of Bitcoin is quite high compared to old people? Therefore, these newcomers certainly cannot be considered idiots. Depending on the market situation and each person's time of entering the market, we can determine whether the price we buy is low or high.

Precisely! it's not too late to invest in bitcoin because there are still many investors who are just new to it. Yes, you will regret it at first because you found out about it too late, especially since the value is already high, but also think carefully that there is always a right time for everything. The value of bitcoin is unpredictable, so we are not sure when we will earn what we invest in it, unless someone can provide the exact technical analysis on the movement of BTC.

You are 100% right, most of the newbies procrastinate and wait for the right moment, some are lazy enough that they can't even set their wallets, or know how to do P2P. You are right about the fact that study bitcoin is not that much necessary, just invest funds and see the magic. But don't you think its a bit doubtful or will be doubtful for newbies? If they don't know the potential of BTC then why would they invest in BTC, and if they don't know how to set up a wallet, from where to buy BTC, how to avoid spammers, or phishing scams, then how they can save themselves, even if somehow after watching YT videos they come to buy BTC even. A little study is necessary IMHO. And I did get your point. I will start one day VS Day One have different meanings.
I actually don't know how much BTC would be enough for me, you are saying if I will have 1.5+ BTC then they are more then enough in compared to having 0.008. I got your point here, but I don't know how can I know if the BTC I have is enough or not, Accumulating 1.5+ BTC seems a little difficult but who don't want to accumulate that much. If I am making huge earnings, then I will definitely accumulate but for the time being, I am not accumulating due to finance issues. I don't have any issue in holding some funds aside, I actually save some funds in stable currency to buy back but I have to use them also.

Got It.

I got this point also, and I am far above this point, because I am not overdoing it, I am not wasting my funds, I do proper DCA, I manage funds from my income, and try to invest with what my life don't disturb. Actually I love holding BTC now, my Average buying is $28k. Now I am in good profit.

What I lack is a good exit plan.

There is no time when you can't enter the market, but it just depends on you want to take your profits. If someone has money and wants to hold it for a long period of time, it can continue to accumulate Bitcoin even as the price is high. All those investing in bitcoin at this  high price may have done some research before they decided to invest in bitcoin.
 
If you are calling those who are investing in bitcoin currently fools, if everyone is decide to take their profits and nobody is investing, how will the bitcoin of price move higher again as people are expecting? The bitcoin price can't just move if there is not more demand for bitcoin.
 
And again, why are some people now investing? Maybe when the price of Bitcoin goes down, they don't have money with them to invest at that period, but now when  Bitcoin is at the top price, they have the money to invest in it. And again, the truth is that nobody knows what will be Bitcoin ATH in this bull run, so we should not easily conclude that those that are investing will not make a profit.

Does people who invested in 2017 ATH fools? Or the ones that did it two years ago fools?
Basically everyone invested in Bitcoin at the time of the current ATH made profit since they could sell Bitcoin more than the price they bought it for.
Bitcoin drove all the market up and many cryptocurrencies made a record price which is good for everyone ;)

At one point BTC price ATH was nearly $1000 and people were asking the same question whether people buying at this price are fools ?
What would be your answer now that you know current BTC ATH is $70k and what would you call those people who bought BTC at $1000 ?
The same thing applies now and I can say that we are still way early into bitcoin and there's a long journey ahead.

The main thing seems to be to get started, and yeah, newbies should be figuring out their particulars, but they still should get started sooner rather than waiting around.  The most important is their own particulars in terms of their discretionary income... and yeah they should be considering these 9 factors (https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590), yet even if they don't really know all of the answers the 9 factors, it does not mean that they should wait in terms of getting started right away..

They are ultimately responsible for getting started or not getting started.. both are choices, and people who don't get started in bitcoin are likely going to end up getting screwed worse than those who get started.. and also better to make your mistakes earlier rather than later, but they still have to figure out the main thing.. spending within their discretionary income... and probably having a 4-10 year investment timeline or longer.. but just because their investment timeline is would also not suggest that they shouldn't get started ASAP.


Well don't then.  Get left behind.  That's their choice, and sorry that they are dumb and/or unwilling to look into it..

Sure there are people who don't have disposable/discretionary income, and they won't be able to invest into bitcoin unless they increase their income or decrease their expenses.  Basic financial management ideas that are in the grasp of any person with a bit of practice and thought, and the fact that a lot of folks are inclined to gamble rather than invest, then that is a choice and they can have fun staying poor.  Bitcoin is available to anyone, but they have to act rather than just sitting and looking at it.  No one else can act for them.


Well, for their own good, they better figure it out.  There is a lot of information out there, and some information is better than others, and there is some need for critical thinking skills in order to differentiate between good information and bad information.  So maybe they start with something easy, and try to find something in their local area, and if they start out with some custodial solutions then they get used to that adn then move to self-custody later down the road.  Yeah, there are some areas of the world in which it is difficult to get bitcoin or to find someone to sell bitcoin.. so that is too bad for some folks, even though there are bitcoin enclaves all over the world... and maybe some of those people who are in the boonies have to look harder to find some ways to get bitcoin. 

I know that some areas of the world have more bitcoin networks and internet and people promoting bitcoin than others, and those are disadvantages to some people in parts of the world that have fewer options to get bitcoin... So some of those folks are going to end up starting and getting involved in bitcoin later.. and so there are advantages to folks who are well connected, but even folks in well-connected places are not taking actions to establish their stake in bitcoin.

I surely don't claim to know bitcoin availability in all locations, even though I know that there is geographical variations that could disadvantage folks.


Perhaps, but not as much as people likely think.  If you figure out a way to buy some bitcoin and you know that you have $100 per week that you could use, but you don't know about it, so then you start out with $10 per week while you are studying into the matter, and maybe it takes you a few weeks or even a few months to move up from $10 per week to $100 per week and so you can increase the level of your aggressiveness in investing in bitcoin with the level of your knowledge and even getting your shit together in terms of the already mentioned 9 factors.  Yeah, it could take years to get your budget together, including making sure that you have an emergency fund, but if you figure out how to source your bitcoin, it does not mean that you should not get started right away.


It depends on your goals, so if you want to try to achieve financial independence then you might think in terms of your yearly expenses/salary, and if you are able to achieve somewhere between 20 to 30 years of your annual income/expenses, then you likely have reached financial independence.  Of course, you could get into bitcoin with other goals, but I don't consider accumulating bitcoin for 4-10 years or longer to be a reason to then get out of bitcoin.. so usually there would be abilities to live off your bitcoin or to use your bitcoin as a supplement to your income.


If you save 10% of your salary per year and invest into bitcoin, it is going to take you 10 years to reach 1 year's worth of salary/expenses, and so it takes a while to build an investment portfolio, and you are never going to make any progress if you are spending from your investment portfolio.

You choose how you want to treat your investment portfolio, and it is my sense that investing into bitcoin is a 4-10 years or longer endeavor, and many folks if they want to get to fuck you status take 30-40 years or they never even make it to such status, but with bitcoin it could be possible to make it to such status a lot quicker, even cutting the time in half such as 15-20 years, but you still have to get your shit together and establish a sound but aggressive investment strategy that might also involve needs to increase your discretionary income by increasing your income and/or decreasing your expenses.


You seem to be thinking in short-term ways.. so yeah, you are trading.. not investing.. since Why would you need an exit plan if you still don't have enough BTC?  You already said that you don't have enough, which means keep stacking and don't stop.

Who gives any shits that your average cost is $28k?  If you don't have enough then you have to keep stacking, even if your cost per BTC is likely to continue to go up when the BTC price is continuing to go up.

Anyhow, you do what you like, but it sounds to me that you have hardly any clue about what you are attempting to achieve, including understanding the long term potential of bitcoin, including that you might need to consider bitcoin's long term potential so that you might better know why you are accumulating BTC and likely not needing to worry about exit until you have accumulated enough or more than enough, then after that you could consider following some kind of sustainable withdrawing plan and/or staking plan like I talk about in my sustainable withdrawal thread (https://bitcointalk.org/index.php?topic=5475347.msg63213914#msg63213914).


We are not at 2017 ATH comparison points.  We are more like at early 2017 when BTC first passed through the 2013 ATH (of $1,163) or maybe we are at late 2020 (when BTC first passed through the 2017 ATH of $19,666).


Fuck crypto currencies (ie shitcoins) they are not relevant to this discussion.


The 2013 high was $1,163 and so BTC passed back through it (and above it) in early 2017.. that was a bit more than 3 years between the ATH being reached again.  This time around with the $69k from November 2021, it was ONLY a bit more than 2 years... perhaps a little more than 27 months.

These are the same persons who at the first time Bitcoin goes down from where it is now they will say,you see it is not worth it,so I don't think is worth to be writing about these guys,they are plain losers the majority as they were skeptical to say the least while there could be a minority which only now have heard about Bitcoin and want to jump in,these are not losers,are just some delayed crypto owners.

I had predicted the new all time high to be in the end of 2025 and also many others but as always you never know what to expect from Bitcoin and here we are now,Q1 2024 already in the same level all time high of 2021,it even surpassed it a bit.

Recognition and adoption is something that inevitable and completely or gradually rising up on which it would really be normal that there would really be new people who would really be investing
even into this current peak condition as we do say. If there would be no people would be buying on this point specially to those old investors or traders then whose gonna buy?
There would be no break out and there would really be no bull run if that happens. It is really just that good to see on where we are now on which the price is really that rising up
and could posssibly be able to to break those barriers or resistances.

There's no such thing about being foot on buying into these peaks considering that the price could reach out $100k or more then it would be still
a viable option that you could really be able to get.

Traders and investors will also continue to try to increase the price of BTC because they know its potential in the future and of course what you say is very relevant and makes sense, even though the price of BTC is already above 100K, if someone comes and wants to buy again, who wants to hold on to it...

As far as I know, medium to long term investors are still accumulating Bitcoin, especially to prepare for the halving and the job of us small-timers is to just follow the mainstream and use the dollar cost averaging (DCA) strategy before the BTC price pumps up and climbs even higher in the future.

and I really believe that's when recognition and adoption comes.

I did not know the answers to some of the questions or factors in that thread, but I have been accumulating BTC for over a 1 year now. So this proves, that taking one step is a necessary thing toward leaning new things, On the way I did learn a lot of things and made some mistakes as well, and in the future will make too, but learn new things also.

A bitter one but that's the reality, you spit facts dear.

I have seen people who have knowledge, or wants to get knowledge but don't want to get practical. Few days ago I have a talk with my uncle and I told him about how BTC is moving, where it was before ETFs and where it is now, and gave him a short tutorial about Halving, ETFs, etc. etc. In the end he asked, should we invest in it, what do you think, I said it's your choice, and he asked what do you prefer should I sell my car and invest the funds in BTC. I said no, you should not risk the money that is in your need. Only invest that is affordable to be lost. Why invest your bread money in it. He then gets uninterested I do not know why. So the point is, even if there are people in the neighborhood involved in BTC it does not mean in that geographical area there will be more people involved.

I don't have enough BTC I agree, but I don't want to remain stuck for another cycle, I want to exit the market with the profit I will make, as I know after a bull run, a bearish cycle will start and then I will get the opportunity to buy BTC at low and thus can have more satoshis which mean more profit. So after another cycle, when the next bull run comes, I will be making a good profit, and then cycle to cycle things can go smoothly. If things not change. Am I wrong here, and yeah I do know investing means holding funds for more then 4 to 5 years, and I am holding funds for like 1 year now, which don't make me a investor, but I don't consider myself a trader too, as I don't trade often. Or should I consider myself.

Thanks for the thread, By the way, what's your long-term plan or understand of BTC, I see something unique here, and would love to hear you out, I already stated my plan which is to follow cycle to cycle, but yours seems to be of holding more then 10 years, why? where you see BTC at. What if you die tomorrow and your funds go to waste, that's why I thought we should book some profit, exit the market, and enjoy life too. hehe. But what I understand after reading your words, is you are assuming to become financially free with some amount of BTC, is that possible. I do know people have become financially free with BTC but what's your point or take here. If you don't mind to share.

Of course, the best time to invest in the crypto market is when there is bearish season. However, there is no rule that prohibits one from buying even at its ATH, so most likely people will definitely buy using their hard-earned money as long as their mindset is that bitcoin price will certainly rise more in the next months or years. And as you’ve said, their money, their rules. And I’m not against in it, investing in bitcoin even at its ATH simply proves that you have a huge faith for bitcoin that it’s price will continue to grow despite how highly volatile it is. And as long as you are investing for long term, you can still maximize your profits when you only sell when your price goal will be achieved.

Irregardless of its price, as long as one decides to chose bitcoin over altcoins, there will always be high chances  for them to benefit from their investment in the long run. Even if bitcoin reaches its peak, but the fact that there will be another bitcoin bull run in the next years, then hodling bitcoin for long term will always be worth the risk and wait.

Just don’t get tempted with FOMO and panic selling. It’s normal to expect some price correction after a big spike, but what is unusual is when you start selling even at a lower position which will definitely make you a big loser in the end.

The Bitcoin market we have seen has continued to grow a lot, with a new record being set, and it's highest ATH Bitcoin. Although we are optimistic that the price of Bitcoin will increase until the halving, and the Bitcoin market is likely to go into a bit of a dumping after April. So if you invest from the current market then surely you can get some profit in the coming days, but it is not foolish. When you buy Bitcoin it will always lead you to profit, it is never stupid because Bitcoin always gives financial freedom to a user. As the bull season is about to begin after the halving, if you can invest from now and hold for a long time, good things await you. That's why you can invest in Bitcoin risk-free and hold for a long time, from which you will get a good amount of profit.

Everyone should be able to know the basics of his own finances, and of course the more that you invest into something like bitcoin, and if you want to attempt to be aggressive in your bitcoin, investment, then you are going to need to get in touch with learning better each of the 9 factors - each one has several subcomponents that we can build in any direction yet at the same time, we might not necessarily know some of the various facets and maybe how much we have analyzed them.

Some people don't want to analyze anything and claim to just shoot from their feelings or their intuitions, so yeah, there might be some folks who don't consider themselves to be analyzing, but they still are likely to have knowledge regarding where they are at in regards to the 9 factors and some of the ways that the 9 factors can by micro-analyzed...

And for sure, don't get me wrong about knowing the 9 factors since I suggest that it is better to just get involved and get started in bitcoin as soon as possible, and you can figure out where you personally sit with each of the 9 factors as you go, and with the passage of time.


Some people need a "friend in bitcoin" in order to introduce them to it and to be able to bounce ideas, and surely there are a lot of people who might think that they know bitcoin because they heard the word, yet they might not really understand bitcoin very well until they spend some time studying it, maybe staring with 10 hours and then 100 hours and then 500 hours and then 1,000 hours and then more, and so the more that they spend around bitcoin, then the more they will likely develop better ideas about it.  Surely there can be issues of misinformation and disinformation, so it might not always be clear if they are getting good information, and so in that regard, people are responsible for the development of their own critical thinking skills and also making sure that they are investing rather than gambling. even though people are free to do whatever they like, including gambling, even though it is likely better to be an investor than either a trader or a gambler, because investing does not take as many skills and/or luck like gambling and trading, and there are likely ways to make sure that you hedge yourself and allocate reasonably when you are investing rather than gambling.


It sounds like you have it all figured out.  Good luck with figuring out the top of the market and actually being able to buy back lower than you sold and also good luck with actually building something meaningful, since you probably don't even seem to understand what bitcoin is or the value of focusing on accumulation by buying rather than fucking around with trying to time the market. Sure, you might get lucky, but the odds are not exactly with you when you fuck around by selling the most pristine asset in the world and presume that you will be able to buy back lower and/or that you will be better off by trading rather than accumulating until you reach accumulation and/or over-accumulation status.

But, yeah of course, do what you like.  It is completely your choice how you manage your BTC accumulation.


I would not presume to be able to make profits or to be better off by trading.


You can consider yourself by the goals that you create for yourself, and question whether you consider that selling is a good way to accumulate more BTC if you are saying that you don't have enough... . and you are free to do whatever you like in terms if you believe that selling is a way to accumulate more BTC..  You might end up being correct in your decision. That is your choice if you believe you know which way the BTC price is going to go and if you are able to sell in such a way that allows you to buy back more at a cheaper price.

By the way there are a lot of previous bitcoiners who have screwed themselves financially and psychologically by selling too many coins too soon and then sometimes ending up with no coins or just frustrating themselves with their trying to figure things out when likely the main thing to figure out is how to continuously stack sats until you have enough or more than enough, then it will become more clear what to do, but it can take 10 years or longer for any investor to get to a point that he has built up his portfolio and it starts to make sense to start to incorporate sales into the mix of how he is managing his BTC holdings and/or any other kind of investments that he has.

There are also alot of examples of guys who have way more bitcoin than other guys, even though there cost per bitcoin is way higher than the other guys, but the main idea is that they may well have 2x or 3x more bitcoin, which in the end, we can see that it is likely way better to be a guy who has more bitcoin rather than fewer bitcoin when it comes to having options to start to sell some of his bitcoin when the prices are going up.


When I say hold bitcoin for 10 years or more, I am not talking about myself.  I am talking about guys brand new to bitcoin and they don't seem to know what the fuck they are doing.  The think that they are going to trade bitcoin in order to build up their bitcoin, and that is not how you do it.  When I came to bitcoin in late 2013, I already had been investing for more than 20 years, so I had already built up a pretty decently-sized traditional investment portfolio, so I was looking for something to add to my investment portfolio that was kind of a hedge against the dollar. so I purposefully thought that bitcoin was going to fit into my already existing investment portfolio.  Initially I gave myself a budget to accumulate for 6 months, and then after the first six months I largely extended my same budget for another 6 months.  After that first year, I reassessed again, and I concluded that I had gotten close to 10% of my overall investment portfolio into bitcoin, so I thought that was a pretty good place to be, and so I started to consider that I had reached my bitcoin accumulation investment target, and that was at the end of 2014... but then the whole of 2015 the bitcoin prices stayed around the mid $200s for most of the year, and even though I was having some cashflow issues in that year, I continued to modestly accumulate bitcoin through 2015, and towards the middle or end of 2015, I started to consider that I had overly accumulated into bitcoin because I had gotten my holdings up to around 13.5% (when my target was only 10%)...

So I figured out strategies to just try to sell on the way up and to buy when the price dips, but to largely consider that I was ONLY going to sell no more than the extra 3.5% that I had accumulated, so largely I have been selling on the way up since 2015, and I never really ever depleted the extra of my BTC holdings, so I have pretty much considered my holdings to be in a state of overaccumulation since 2015.. and currently my BTC is close to 90% of my overall investment portfolio., and the main reason is due to bitcoin out performing all other assets.  You can see my allocations  and the timeline in this post. (https://bitcointalk.org/index.php?topic=5376945.msg58719591#msg58719591)


You can do what you like.  That sounds dumb and short-sighted.  

Merely because someone holds value in an asset does not necessarily mean that he is suffering.  

At a certain point the investment can pay for your whole life style and even beyond your own standard of living without your having to work... but you have to get there first, and so yeah, you can keep working and having fun and never really building up an investment portfolio. That's your choice.

If you look at my post about the effects of compounding (https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590), you might be able to better understand and appreciate how compounding works, and so recognize and appreciate that bitcoin has largely compounded more than 256 times since the days that it was $250 in 2015.. .. so if you cash out your profits a lot along the way so that you can "enjoy life" then you likely will continue to live within mediocre means rather than being able to really bank upon the power of your investment.  At the same time, you do not necessarily need to hold onto all of your investment since 2015 when it was 250 in order to experience the compounding effects, but you have to have some ability to defer gratification and to build until you get to such a point.

So don't presume that I have not been able to spend a lot of money since 2015 merely based on the fact that I still have a large portion of my coins.. because there are ways to just cash out very small amounts of coins, but since they had appreciated so much, cashing them out does not have much of an affect on the size of the BTC holdings..

and again, from my point of view you have to get to a point of sufficient accumulation and/or overaccumulation before your plans to be cashing out parts of your bitcoin holding starts to make sense.. because if you are cashing out before you reached such point, then you are likely never going to get to a point of overaccumulation until you change your mindset and how you treat your investment into bitcoin.

Again.. do what you like.  It is your choice.  The bitcoin path is filled with a bunch of guys who say that they wished that they would not have sold so many of their coins because they are never going to be able to accumulate back the amount that they sold.  

And there are also those of us who have way more coins than we would ever be able to accumulate if we were to have to start over in our accumulation journey.. some of us have a much smaller stack than we started with, but we still have figured out various ways to rake profits and/or to engage in sustainable withdrawal of our BTC holdings on a regular basis... yet again, the key to starting such journey is to accumulate enough coins first and to overaccumulate, and it seems to me that the way to accumulate and overaccumulate is by buying coins. not by selling coins.


You can establish whatever might be your entry-level fuck you status.  I use $2 million as an example of default entry-level fuck you status in my chart (https://bitcointalk.org/index.php?topic=5376945.msg58719591#msg58719591), and I use that amount because it used to be $1 million prior to March 2020, and now I consider it to be $2 million, but you can figure out the amount that works for you, and you can see that the number of bitcoins that are required to get to that level and then to be able to shoot to accumulate an amount in which your entry-level fuck you status crosses over into the number of coins that you have, and of course, the number of coins that it takes to reach that level has been going down with the passage of time.

Your ability to be financially free could be ONLY with bitcoin or it could be with bitcoin and other assets that you might own.. You have to figure out what works for you.


We are not talking about shitcoins here.  Fuck crypto, and/or shitcoins.



Oh?  Great. at least to seem to know that we are talking about bitcoin.

this kind of question mostly suggest that you're looking at those buying at the current price from the angle of a trader. You know, there was once upon a time when $20k was the peak at that time and those that bought at that period of time would have probably thought this same way and some would have refused buying basically due to the fear of uncertainty that a new ATH wouldn't emerge again. But look at us now, we've climbed above $40k to $60k and now creating a new record that's even above $70k. Isn't that a pure indication that you're never too late to start investing?

The real fools are those short sighted individuals that feel Bitcoin will go bearish anytime soon. Just sit back and watch countries adopting Bitcoin and it popularity reaching to all the knucks and corners of the world and that's when the value of your investment will make a whole lot of sense to you.

The first thing that I recommend people getting right is to understand that BTC is BTC and nothing else. When the first shit coin hype broke out in 2017, everyone thought they have literally mastered these 9 factors (https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590), but the truth is that firstly you could pick any of the coins and it went up, and secondly most of them lost money short-term, mid-term and long-term. I assume that most of the fools from back then learned the lesson that BTC can make you lose money short-term, is unlikely to make you lose money mid-term, and history has proven that none of the people who invested at any point in time during the last 1.5 decades have lost a dime.

This is really the first thing to get right and I mention this because people often talk about bitcoin as a placeholder for any coin on coinmarketcap. Sometimes people ask me whether they should invest in BTC and I am holding back because I generally don't like giving investment advice when I am not entirely sure how people will use my words to put their money into BTC. So what I say is "if you say you want to invest in BTC, then invest in BTC, not X-coin, Y-coin or Z-coin or Dogecoin, or ShibaInu (or what its name is...).

I have had several conversations where people bashed BTC, but it turned out that only a portion of their investment was BTC. This is a very common experience and it's bad because some of them do indeed the 9 principle individual factors right and they are well educated, sometimes hold a degree in finance, but they have so little clue and greed still plays a role that they decide to split their portfolios such that 10% is BTC and 90% are shit coins. Like serious shit coins. If someone tells me they buy Monero for a reason, I understand that. I hold some Monero and I think it has its place. But the vast majority has no place in the industry. Now as long as someone does have a reasonable explanation (other than greed and the hope for 1000x) as to why they picked a certain coin, well, I couldn't care less then. But I do still get to hear from people that they want this thing called BTC, but instead they spread the money all over the place in coins I haven't even heard of before and then when the next correction is inbound, the portfolio is stuck, if not dead. 

There is too much gambling, so I know you wrote your guide "9 principle individual factors" exclusively for BTC, but perhaps I would add one more principle and put it first, which should be called "BTC is BTC, and nothing else". If people study BTC and would get the idea behind it right, all the characteristics and core principles, they would better understand why BTC has a unique position in the industry and why it is the real cryptocurrency that is by far the least likely to fail ever. Afterwards, getting an investment plan right is essentially the perfect plan. Not getting BTC right in the sense that BTC is only BTC, could nullify the most sophisticated investment plans.

Well, the question is why now? We have a sufficient time to accumulate during bearish season before and it is quite long to fill our bags. It's crucial to know on why these people (you're talking about) are interested just now the price is already rising. If their intention is to join the ride and don't want to miss the chance then their mindset can lead them to disappointment once the price move downward again. Because it's unpredictable and we can't really pin point when might the price fall after reaching another ATH.

Anyway, it's never too late to invest because it depends on us if we still want to buy even the price is already expensive. If you truly believe in Bitcoin and seeing yourself holding your Bitcoin for long term then that's a good mindset. Because it's important that you have knowledge of what you're getting into and not solely influence of hype as to why you decided to invest.

Not everyone is like us, not everyone knows about bitcoin and understands bitcoin like we do. The majority of the world's population is still unaware of bitcoin and that is why people always say that we are still in the early stages of the bitcoin revolution. I think after the ETFs were approved and bitcoin hit its ATH, it attracted a large number of new investors into the market. But when they see the price of bitcoin, they will not be shocked because the price of bitcoin is really too high if we compare prices from many years ago, and it's understandable that they hesitate to buy because they don't have much knowledge about bitcoin.

Frankly speaking, whether investing now is the right decision or not is difficult to answer because no one knows what will happen in the future. I think it will all depend on each person's level of risk tolerance and knowledge.

It is true, Bitcoin still has a long way to go to be accepted, known and involved in it for the whole world. And I think we all know that there are still many people out there who don't know about Bitcoin, and maybe most of them only know about Bitcoin because they have heard or seen it on television, social media and so on. However, they don't really care and just know, in contrast to those who do research or are curious and end up looking for information themselves that allows them to get involved.
So this can be said to be the beginning of Bitcoin which in the end Bitcoin will continue to grow and develop on its own, coupled with the reported approval of an ETF which may influence new interest in getting involved.
And only intelligent people can be interested in Bitcoin in their own way and research and their own way of gaining knowledge and understanding about Bitcoin.
When the value of Bitcoin increases significantly like it has now, this can create a situation where some people may be hesitant to buy at such a high price and perhaps this can lead to a lack of demand. But actually if they really want to stay involved they can buy it in small amounts, namely Satoshi, and in my opinion let Bitcoin run or move by itself. Whatever the reason, the price of Bitcoin will continue to move up even though it always experiences declines and those who do not have knowledge and understanding of Bitcoin will ultimately do it themselves and in their own way.

I don't disagree with anything that you are saying in regards to bitcoin first and fuck shitcoins and even that certain kinds of investment presumptions do not apply to shitcoins as they apply to bitcoin, yet the 9 factors that I highlight for individuals to consider in regards to their investment approach largely meant to broadly address concepts of personal finances, skills and psychology in the area, so they are very general.. and there are a lot of places in a lot of my posts that I talk about bitcoin first and fuck shitcoins and all of that.  So I question whether there would be any necessity to say something like: "** these 9 factors apply to bitcoin and not to shitcoins.".... Of course, there likely would need to be an explanation regarding why they apply to bitcoin and not to shitcoins (in terms of bitcoin having fundamental long term value and shitcoins don't tend to have that - absent some kind of way to figure out that some shitcoin actually does have some kind of investment case, besides pump and dump and already being correlated with bitcoin  ... as a copy cat, affinity scam.. or just that their price movement correlates with bitcoin - apart from various pump and dump marketing that they might achieve from time to time).

Sometimes it can be better to just focus on what bitcoin is rather than even talking about shitcoins and/or saying that bitcoin is not a shitcoin, yet there are so many people out there who have hardly any clue about what bitcoin is and they just presume they are all either the same or very similar, and that is part of the reason that some people  cannot even bring themselves to say the word bitcoin.. so they talk about crypto. as if there were even such a specific thing as crypto that any of us could buy and/or invest into.

Sure brother can you imagine having such analysis today's crypto cap 💰 and some are still talking about shitcoins that has no value to where bitcoin....... Just check in today's worth

🥇 #BTC: $72,241 | 24H: +0.04%
🔵 #ETH: $4,030 | 24H: -0.61%
💰 #SOL: $150.90 | 24H: +1.57%
👽 #TON: $3.70 | 24H: +19.26%

🔥#trending
#GALA: $0.07 | 24H: -4.61%

📈top gainer
#AMP: $0.01366499 | 24H: +155.86%

📉top loser
#TRUMP: $8.41 | 24H: -12.43%

With is will you ever talk about shitcoins many of them are all left far behind without returning or facing bitcoin 😭😭😭 in any way well I will say f**k shitcoins.......

Soon bitcoin will be adopted as gunpowder if you don't have it you will become it's victim........

Thanks

Again let's  review BTC a little where do we go from here? 💰

My friend ask me... saying   What coin should I buy for my portfolio?". Today I decided to analyze BTC, as many people are interested in it. Let's break it down..............

I haven't had time to reply to that my friend but is here I decided to bring it here so he can fello my thread and learn more from a others aswell...............

📝 Yesterday bitcoin on futures updated the global ATH. After that we immediately got an instant pullback down to $71k. Now the price is going to recover again. And then the question arises: "Maybe this is not the end?" (initially I thought that after touching the ATH we will see a downward correction)..............

Most of the market players are expecting exactly a correction, but as we know the crowd is mostly wrong. Also, if you look at the chart of how BTC was updating ATH at $20,000 in 2020, you will see a similar picture as now. There was no drop at all. The price consolidated and continued to rise......

 The general trend of the market is still long. I don't see any strong preconditions for a long short right now. Therefore, I do not advise you to enter a short position for the medium term. Short-term trades are the maximum. I think we will still see an upward movement......

Thanks comrades

finally have been looking for this thread concerning the the "9 factors apply to bitcoin " . I would have to save this link now  on my device, I've came across it once but couldn't recall where I came across it, and I really need it in order to secure a smooth and healthy investment (bitcoin holding). Now have finally found am going to read it all through don't really care if take me  a day because I know what I pass through those days due to laziness and lacking of zeal to research.  And the more knowledge I gather  concerning how bitcoin and bitcoin investment work the more I will be able to secure the kind of investment (bitcoin holding) I want for self. And I believe going through such  thread ( JJG’s Outline of Bitcoin Investment Ideas) and some research,  will help me to improve my principles in my accumulation of bitcoin and my holding.

The little have red in the thread concerning the 9 factors apply to bitcoin as already prove that such principles are not for shitcoins but for bitcoin coins only, so if you use such principles in some shitcoins I would say , sorry for your loss. But applying such principles in your bitcoin accumulation , will help you to secure a good investment for yourself. Alot of people that lack this principles would find it difficult to secure a good holding or investment for themselves. Like withdrawing their investment in a premature state , when the investment have yield non profit or less profit due to poor planning during their accumulation of bitcoin.

There is no option for those who have not bought at all and accumulating bitcoin at any price still looks better than nothing. If people understand investing in bitcoin and are able to hold it for the long term then buying at any price still looks good. Because if they buy at a more expensive price but their knowledge about investing is not good they will actually experience panic when the price of bitcoin experiences a sharp decline, so they decided to sell in the wrong period. It is important to have knowledge about investment so that someone can make a more optimal investment plan because if they are wrong they will experience unexpected losses.

All decisions must be taken based on knowledge that does not lead us to loss. I mean when we don't have a lot of money to be involved in investing then there should be a way that we can use to increase the amount of bitcoin ownership. For example, using the DCA pattern to collect so that even though our capital is small, it can be used more appropriately to buy bitcoin. This is different from people who have good finances because they have the opportunity to accumulate larger amounts.

Our major concerns is making profits from the market, anything more than that means it's off target. Bitcoin hitting ATH is another measure for these investors to start making profits on their ends. It's quite improving to see big winnings on these ends. The correction of the market doesn't last longer because it's more likely an opportunity for those that missed out on the big chances to explore and give good form. Don't panic because the current investors anticipating their funds on bitcoins, they know exactly what they're doing, though to be on the safer side, make good entries on bitcoin early.

I agree with what you said. Investing in bitcoin during ATH is not stupid, look at the history of bitcoin over time, do they look stupid, do they regret not buying bitcoin at that time or regret selling bitcoin at that time. This also applies at the moment, btc in the last few days has just formed a new ATH, but many people predict bitcoin will continue to increase as the bitcoin halving period approaches. Currently the halving has not happened, bitcoin has formed a new ATH, of course the real ATH has not been reached, so don't ever say buying bitcoin now is a stupid act, in fact they are preparing for a better future, unless you doubt the future of bitcoin.

It doesn’t necessarily prove that the investor has faith. Out of the people who have invested at ATH, a handful of them are people investing out of FOMO. They don’t really believe, they are just scared that they will be filled with regret if the rocket actually leaves the sky as people hype it. But those who are really long term investors are safe. As long as they are committed to it and don’t eventually have weak hands.

It's definitely not stupid, but those who were refusing to buy BTC at its low point and then went to buy it at ATH - a bit dumb IMO. I prefer buying BTC when it's cheap, however I can't judge those who are buying it at current price.

There are many things like that, but for BTC there is nothing wrong with buying it in fomo conditions but not in other conditions. Even if the price drops after buying BTC, it will quickly rebound again. what we are afraid of is for other coins which may not necessarily perform that way.

In a few days time there will be a Halving, I think market sentiment and further adoption will happen quickly, but what we will see after that is that it will continue to rise or there will be a temporary reversal.

Hey OP, I hope you do not mean to ridicule yourself? Lol.
I just have to let you know that Bitcoin has only beaten an All Time High via historical prices but does not mean it has reached it own ATH at this seasons bull-run to determine its ATH.
Meanwhile... Investors are never fooled at no account for investing in Bitcoin. If you can Invest in Bitcoin even at its ATH and have a long term fix Investment, then at next run of its bull-run you can convert It up but it is better to Invest in this current time using the DCA purchasing method.

Well spoken. Beating the historical ATH doesnt mean bitcoin would stop there. It will continue till it sets a high target of a new ATH. Yesterday bitcoin fell to 68k, some persons taught it would go down because it has reached its ATH so it will retrace backwards. Not yet, thats all. Bitcoin will surely do better this year and i think this is the very begining. If we hold, at least till the end of the year there will be more happiness and enough reason to smile.

Buying at the ATH is wise. Because at least you are not under the group of people who waited for the dip and it never came. After the new ATH, there will be still be another ATH in the future. So buying now you will never regret.

current prices may be lower than the lows of next cycle ;)

Maybe he just got that thoughts when seeing that price of bitcoin have a chance to dump after it reach for its new ATH. But this is case to case bases and we are not in the peak of bullish season yet and we didn't see the halving effect yet to occur. For sure we can see for more price action this year so if people think that new accumulators are fool and they doubt to do some action then for sure once bitcoin reach at six digits in figure then provably there's a lot of people will regret their decision not to buy and they are been led with their fears for a possible dump that's why they are left behind by those people have strong belief for a good price growth.

I don't think that they are fool because they are investing before halving and everybody knows that halving creates a positive sign so the price will enhances from the current price of 72k$. Everyone can think better for himself so I think we cannot call anyone as fool because everyone has some personal issues due to which they cannot invest on a time so whenever they find an opportunity they can invest.

Bitcoin has crossed the previous ATH and now it is 72k$ which is a huge gain so I think if one invest now then he can get profit because halving will bring new changes during which bitcoin can attain new ATH.

Not necessarily at all.  Everyone's situation is going to be different.  You might consider yourself a bit of a fool if you had thought about investing in bitcoin for a long time, and never pulled the trigger until now, when it's at it's all time high, and you dump all the money you had ever planned to "invest" in to bitcoin in at once, that MIGHT be a bit foolish, but it's hard to say, we will see where bitcoin goes from here.  For others, it might simply be part of their Dollar Cost Averaging strategy which wouldn't be foolish at all.

There are going to be a lot of folks coming to bitcoin much later than today, especially since only around 1% of the world's population own any bitcoin.. so the pump of bitcoin may well be a bit misleading in terms of suggesting either the maturity of bitcoin's adoption or its adoption rate - even though there are a lot of new entrants coming to bitcoin in recent times... namely the last 2 months or so... and surely some of them are hoarding and they will likely be making their coins available to later entrants.. and so we cannot be sure if prices will be higher or lower at various points in time, even though we should have decently good senses that the trend is ongoingly up.

Well in my own opinion those who are seriously investing on bitcoin I don't consider them  being a fool either.reason is because they did it for a purpose, most of them invested from the early stage when bitcoin has little or no value and they where patient enough to reserve it till this time,that bitcoin is pumping so high.is obvious that this set of people make a lot of profit, i think most of them are millionaires by now.

yeah you right, aslong they have set their mind and ready for anything in holding bitcoin, they can start accumulating with DCA method, Bitcoin still have a good potential to surge higher in the future ( though there's no guarantees), through history Bitcoin kept proving it self worthy to be among the best investment (if not the best). Even at that bitcoin price was around the price range of $20k there are some people back then  who called  those who took the chances or grab the opportunity  to invest at that time fools.  And they continue with their accumulation till now are such people still classify fools , nahhh!! . While talking about those early Investors alot of them are already millionaires, and am pretty sure they getting themselves a  nice lambo now  :D

I don’t agree. There is something everything wrong with FOMO-ing into investments whether it is Bitcoin or an altcoin. Investments (cryptocurrency or life assets) are supposed to be thought through properly. With FOMO, you can invest too much because of greed. With FOMO, you can skip many steps of investing smartly (like having an exit point). The price could drop and not come up as fast as intended and then the investor who didn’t have a proper plan would sell because it was all FOMO. Never FOMO into anything unless it’s just some really spare money that you don’t mind it being lost.

Fools are those who chose to spend their money imprudently, but chosing bitcoin above other investments, for me that is a smart decision. Even investing at its ATH is still part of DCA plan, as its best to invest in bitcoin for long term goal. And those who keep procrastinating, I’m sure they will look back from their wrong decision and end up regretting.

However, it’s a reality that investing at its ATH is completely risky, but we all know if we don’t take risks, we won’t gain nothing in the end. As long as we are capable to manage our risk tolerance, then it’s still safe to invest at our own risk.

Investing at the peak price to make a profit is a high-risk investment. As we've got more than 35 days for the halving, there are chances that the price of bitcoin will go even higher. Keeping the same in mind, taking the risk seems to be fair for people who have the ability to invest big as well as the patience to hold on. Because if the market turns bearish, he should have the patience to hold and avoid the loss. Here, holding could be for months, and it can even go for years.

People who invest at such a high price are not foolish unless they are going all in without considering that there might be a big correction. Intelligent investors will only use a small portion of their available funds and wait for a dip before they put a more significant amount of money into their investment. Bitcoin has been more volatile recently so it doesn’t hurt to have some buy orders at lower prices so you can get the most value out of your money.

Are you sure BTC has reached the top?
I think people can invest at any time, where they have seen good prospects from their research so if they invest at a price of 72k, then it can be concluded that they believe in investing their funds in bitcoin for the long term

Bitcoin has crossed its previous ATH but yet Bitcoin has not made a fixed new ATH.  So one can still invest in Bitcoin if they want because there is a big possibility of ATH of Bitcoin at $100k so following DCA method one can still invest in Bitcoin if they want. But when investing in Bitcoin, you should avoid panic and prepare yourself to invest for the long term. If someone can do this then investment in Bitcoin can be a good investment for him otherwise he will not be able to make a profit rather lose in investing in Bitcoin.

Yeah I am in the same camp as yourself where I think there's a "decently good" (if not quite good) chance that the trend is going to continue upwards.  I have heard from a lot of clients lately that they are just entering the "bitcoin space", or crypto space, and they are in large part interested in bitcoin ETFs.  IRA's or brokerage accounts connected to retirement plans certainly make it easier for people to "own" bitcoin, and I think that trend will only continue on as we are just getting started.

It is not about this cycle's top but the top that we've seen from 2021. If someone who has bought at that rate of the peak and just held until now then he's just break even with his investment. But as for this cycle, it is for sure that Bitcoin hasn't reached the peak yet and there's more to come for us to see soon.

I agree. They're not fools and they just long term investors but everyone has their own buying moment in the market for which price they're confident of buying. And that's not a thing if they've bought at the top when the buyer isn't even panicking and understands that it's a normal to see this breakdown of the market under the price they've bought btc. The intensity that we're getting from the market is for real and that's why each and everyone of us has to set our own buying limits and prices when we want to have more bitcoin. Otherwise, if you don't want to get stressed with all the markets movement, DCA is still the king strategy that we can rely on. That's why for someone who doesn't have a clear plan of how you're going to accumulate Bitcoin. It's time for you to buy whenever you're comfortable or whenever you have spare money in doing so. But you know what, most of the winners of investing in bitcoin are the ones that are serious with their buying plans and they're not just using their spare money because they're quite small but they're also using their buying power like selling some of their assets for it.

On chain data shows that it's start to receive new capital from fresh fishes.

https://pbs.twimg.com/media/GIhs5ryWIAEsdJl?format=jpg&name=900x900 (https://twitter.com/AxelAdlerJr/status/1767782598628020467)


Addresses with < 0.1 BTC increases a lot.
https://www.lookintobitcoin.com/charts/addresses-greater-than-0-1-btc/

When Bitcoin was trading around $19k and later broke the previous all time high and sail to $65k, will you say those people are food and don't know what they are doing? I don't think they are fool but among them there believers of Bitcoin, they are buying at those levels that hold and also trade for short-term gains, there people that are buying because of fomo, they don't want to lose out and they are doing that because they also believe the price will reach some certain level in the future.

What I don't know is how far this run the bulls will reach but buying Bitcoin doesn't make you a loser or a fool, people that were buying when Bitcoin was around previous all time of the previous bull run, some snaet people like you thought the same thing and for the past 12 years, the price has never remain the same. If you hold, there is no way for you to lose unless you sell.

There's only two types on which those believers and non-believers and we do included those neutrals too on which they are really just that observing around.We've seen on how far Bitcoin price did able to jump
and this is why it would really be better that you shouldnt really be trying out to criticize into those people who had bought on 69k or with these new all time high prices because we do know that we are already reaching out
on halving period and what comes next is that bull run that everyone is really that anticipating. We do already have those price projections on where it could be heading up. Yes, there's no assurance to that but at least
we've been wary on where it would really be possibly be able to land and possibly be able to reach out. It is really just that there are people who are really always having those doubts.

Well, we do have our own choices and decisions in towards into our investments on which it would really be that something that normal that you would really be having those
doubts and its up to you whether you would really be risking up yourself on doing such thing or not.

     As far as I know, we are not at the ATH that is new now because Bitcoin's previous ATH has just been broken. So it's a bit wrong when you say that we are at the peak of Bitcoin's price value right away. So it's not foolish to buy Bitcoin now.

     It's not because the price of Bitcoin is so high right now that we are discouraged from buying it because it is expensive now; actually, it will be even more expensive in the coming times, to be honest. So let's just save as long as we have time to do it.

exactly, this time around those that are interested and wanna start investing in Bitcoin now should have the mindset of long-term investment,  by using DCA strategies to start their Accumulation ( but in a less aggressive way) because of the recent increase of bitcoin price, and at the same time be saving some reserve funds ( to buy the dip) whenever there's any.

One should always put there emotions in check, to avoid any form of panicky and reduce the act of always checking Market charts or their portfolio regularly, because that won't do any good it would only initiate fear and panic which may lead to  one selling their investment in losses. That why those that normally engaged in too much shitcoins should reduce such act. Because most time those shitcoins are the causes of such fear or panic. For instance a guy started in this space investing in shitcoins without any proper knowledge on how things work in this space may fall as victim in buying shitcoins that may endup dipping with his funds that may not bounce back. Leaving a scars. Thinking if they invest in Bitcoin such scenario may occur again, but nahhh Bitcoin is far more different from other coins and anytime Bitcoin undergoes a dip doesn't matters how long it may take but bitcoin would surely bounce back stronger.

Why would investors in ATH be fools? Bitcoin's first major ATH was $20k and after that it made another ATH at $68k.  Those who invested in ATH of that time could not profit in the next ATH?  Profit was more than 3x. After that btc is currently moving forward once again breaking its previous ATH record.  Don't you think that those who invest in Bitcoin now can profit?  But yes Bitcoin will not make anyone rich overnight.  In order to profit from Bitcoin, you need to hold Bitcoin for a long time without getting impatient.

Yes, they are not foolish but they are not purchasing Bitcoin at the right time and it will be difficult for them to earn income that will bring back their capital, because the price of Bitcoin is still standing in $72,000 in the market. Do you think the calculation will bring good results to such investors in the future, which you know that if you purchase Bitcoin at this high price, it will make others Investors to be looking at you as a new investors because they know that majority of investors purchase their Bitcoin during bearish season. I know every investors have their decision to make in the market to purchase or sell their Bitcoin, but selling your Bitcoin in this season is profitable.

It is reality that after every four years Bitcoin creates new ATH so if someone make investment at present price then may be they have little profit but if they don't sell their bitcoin and keep it for other four years then the profit will increases.

But everyone cannot wait for such a large duration and wants to get quick outcomes but they have to remember one thing that good time requires your time and your patience without which it is not possible that you will ever get your deserved reward.

Some people have bought bitcoin at the price of 15k$ but still they are holding it because they have patience and one day they will attain their targeted amount due to their patience and trust in bitcoin otherwise others who don't have any trust in bitcoin sell it when the price reach to higher worth without holding it further.

I understand pain ath investors are suffering right now. Its quite real when you can't strike low price level, you buy at ath and drop happens. Although I am pretty sure "we are not there yet". Bitcoin's price increased continuously so its normal that we experience some corrections over time. But there is nothing that is worrying happening right now. Halving is just at the door. We are close. Its time to become "diamond hands" even for ath buyers.

They're not foolish and also aren't purchasing Bitcoin at the wrong time as you said. Soon they'll be in profit and not lose if they continue to hold. Bitcoin is heading into the bull market and very soon everybody that have purchased Bitcoin will be in profits as all those that purchased Bitcoin in the past bull market top, made profits when Bitcoin got to $72,000. This is the time they're entering the market therefore it's a perfect time for them to purchase Bitcoin and not hoping that the market will dump.

Investors who will purchase Bitcoin at an all time high price can make profits if they hold until Bitcoin gets to another all time high. Patience is the key when investing in Bitcoin and not when you invest in Bitcoin as you can buy Bitcoin at a very low price but yet you'll not have the patience to hold your Bitcoin until it gets to a very high price for you to sell and make bigger profits, don't sell your Bitcoin too early.

They are not stupid, but actually when the price of bitcoin has risen to the highest level like now, they think that in a situation like now they can use it as momentum to gain profits from every movement in the price of bitcoin, basically investors always prepare a mature strategy when they want to invest in bitcoin , in contrast to beginners who only think that investing in bitcoin is a get-rich-quick scheme and relies on luck, so I don't agree if they think that investors who buy bitcoin at peak prices are stupid.

Apart from that, the potential for bitcoin prices is still very high at this time. However, they must have bought with sufficient consideration that now is still an opportunity to buy before the halving occurs. In addition, the price of bitcoin reaching a new ATH before the halving was also triggered because people believed in the potential of bitcoin. Right now, there are still a lot of predictions and speculation that the price of bitcoin can still reach a higher price, so I think people who buy the price of bitcoin at the new ATH want to take advantage of the current moment.

Why would they be fools to buy Bitcoin despite this ATH? Then the question is, how did you say that Bitcoin is ATH when we have just entered a bull run and its halving has not even been completed in the coming few months?

And most people expect that the bull run will happen after the halving, so it means that we are not yet at bitcoin's ATH or that bitcoin's ATH period has not yet ended in these instances.

One thing to know that is very important is that, every investor has a reason for investing in the first place an many at times, they may care less for the market season or price at the time.
Despite the ATH, I wonder how many people would think the owner of Microstrategy, Michael Saylor as a fool for acquiring about $12,000 worth of BTC recently. He clearly understands the market better and intends to acquire some more probably before the halving event, despite the dump or pump of its price, BTC still has a good store of value into the future.

This sound illogical and not even funny. I think the r right word to use here should have been "not smart" or "fomo". Fool just means that the people are buying are more like those who don't have proper mendula Obllongata to comprehend simple ways of the market. If in deed the people that bought Bitcoin at all time high last 3 years ago were able to sell now without any harm to their money then I see no problem in buying now.

Another is that Bitcoin has intrinsic daily use. We have people that use Bitcoin to buy and sell products and as such, they have to buy Bitcoin and in other to get some of this things. We have some Marchant that are strickly Bitcoin people, if you offer them any other payments options, they don't accept unless it's Bitcoin, so it's not a big deal even if you buy at 100k.

FTFY

On Monday, Saylor/MSTR announced that MSTR had acquired 12,000 bitcoin for a bit more than $800 million

and then in the last couple of days, they announced that MSTR is in the process of raising another $500 million for the purpose of buying bitcoin..

The price now is not certain to be the all-time high of bitcoin and for those people that are investing now, it doesn’t mean they’re all investing for the short term to reap their profits so soon, most of them investing at the current price without employing DCA method earlier are doing it for the long term benefits of bitcoin, so it makes them not feel discouraged about the current price and ensure that they achieve their target on the amount of bitcoin they wish to accumulate before the day they envision to take their profit from the investment.

Major corrections can take place at anytime and you don’t have to wait for that correction to take place before investing in bitcoin, because while waiting for it, it may never come and you’ll have to buy at a higher price than you were opportune to buy at a lesser price earlier.
These people buying now are not fools just same way you can’t call those that bought as less than $20K years ago fools now. Just get an understanding of the bitcoin cycle and you’ll know why people chose to buy now, earlier or later depending on their targeted goal.

For me I believe there is an advantage of investing on Bitcoin when the price is low but that shouldn't mean that we cannot invest when the price is higher because I believe that with Bitcoin anytime is right to invest because it has a very good potential, so I wouldn't say that those that invested on Bitcoin when the price has gone to the ATH is a wrong investment because I have a strong believe that in the future everybody will be surprise with how far Bitcoin price has gone, and also for someone who believes on Bitcoin shouldn't wait or hope for a correction on the price before investing because nobody knows if it will happen.

Yes, of course those who continue to invest during ATH will of course still be able to gain profits from what they invest, I agree with you, in the past they could get 3x more profits from the investments they made at that time but if we have sufficient funds Of course, we can invest at any time and it will benefit us if we choose to invest in Bitcoin.

To be able to make a profit from investing in Bitcoin, of course we have to continue to collect the amount we can afford and never force ourselves to invest if we can't afford it. When we have the funds to buy a certain amount of Bitcoin, we have to hold back until we can get a profit and don't be influenced. with market corrections.

When we invest in long term we only think of accumulating bitcoins and never think about the price. We know that Bitcoin prices are generally bullish because Bitcoin prices are more likely to correct again if they are dumping. At present Bitcoin has made its highest record, because if I invest at this time, I will have less chance of loss if the investment is long term. It is best to invest in Bitcoin for the long term to reap the most benefits.

Bitcoin prices have consistently risen over last 10 years. Does not matter when you bought bitcoin but if you held for long duration in last 10 years, you would never been in any kind of loss. This means that those who have faith in bitcoin can freely invest even in ATH. Because even though a correction occurs on this ATH price, they can still hold for some time till the prices start increasing again. I suggest most of the new investors to keep accumulating bitcoin as per their savings. But one should not invest more than what one can afford to loose as bitcoin is still very much volatile.

The investors who are investing at this time, it is not that they are totals, they are people who will always make a difference, at one time they could not buy, but it is known that bitcoin will rise much more than $73k and that is a fact, I What I can say about this is that bitocni will always give the best returns when you think that it can give a good ATH up to $100k, for me it is a good number, but I am sure that the price will pass there and will continue to grow as If nothing, then based on these things you can say that it is not bad, the bad thing is to buy when it is above those prices, there are still many bullish impulses and this may be making the difference when you can see that the majority of people in it They only react to buying when the price is rising.

Almost everyone ignores when bitcion is at a low price, and they don't like it, they only like it when it goes up and that's when they have more buyers.

People who are waiting for bitcoin to drop down before they buy are the ones who will say they are fools, and that people are not real investors, they are not risk takers, and it will be very difficult for the people that are waiting coin to drop down to get profit in bitcoin, because how they are waiting for the coin to drop is how the coin will be increasing, that isn't why for me. I don't have a certain time to buy bitcoin because I just buy and hold because you never know when the price will drop or rise, so it's best to buy and hold for the long term to reap the benefits.

Bitcoin will probably pass $100k as I see it, so don't be thinking that the coin will decrease before you buy it; anytime is an opportunity for everyone to buy bitcoin, and if you haven't bought it yet, now is the time to do so because you started thinking when the price increases and be saying is why I didn't buy it when the price is affordable to buy and be profitable, because people who have known about bitcoin since 2008-2009 and didn't buy are regretting it, Because they will be wealthy today, in my opinion, anyone should not be claiming it is too late to acquire Bitcoin because he makes beginners discouraged when they see their mentors stating it is late to buy Bitcoin.

Someone should simply buy bitcoin with money he can afford to lose so that when the price rises, he would wonder why he didn't buy it sooner, and when the price falls, he will realize that he is taking a risk and anything may happen. It is better to take the risk than wait for others' opinions before beginning your bitcoin journey, he will not make you flawless. If you make your own decisions, he will occasionally give you confidence in your actions. Waiting for people to buy before you will suffice.

People investing Bitcoin in new ATH are not fools. Because Bitcoin has not yet reached a bull market. We know the upcoming bull run in the market will begin a few months after the Bitcoin halving. When the market starts a bull run, more new ATH will be created than existing ATH. Many are speculating that when the bull market begins after the Bitcoin halving, the price of Bitcoin will reach an all-time high and may reach $100,000 to $150,000. But I think if Bitcoin can reach $80k this March or before the halving starts then when bull season starts new ATH in the market then the price can go from $100k to $200k.

I don't think people who are hoarding bitcoin after the new ATH are being stupid. Those who are still investing in this bull market using the DCA method are certainly not fools. Bitcoin will be halved in the next month, before that Bitcoin broke the highest record of the past and set a new record, It was unexpected for many to see such a figure in Bitcoin's initial bull. Bitcoin could take a big correction before it halves next month. But for those who invested bitcoin in ATH market,I hopefully when bull market starts after bitcoin halving then Bitcoin price will be increasing $100k -$120k. Bitcoin investors at ATH will surely see the face of profit.

What happened with those investors that also bought Bitcoin during the ATH of 2021, they are able to see Bitcoin at a new all time high this season and if they continue to hold, Bitcoin will go to $100, 000 and they can sell and collect their profit. The language for Bitcoin investment is HOLD, any investor that continues to hold will have profit in bull market because another all time high will come.

Investors have a much more coordinated investment plan and they place both duration and percentage every time they try to sell at ATH. The Holding concept is indeed stronger at holding much higher prices and usually they will try to sell after Bitcoin has an ATH moment. Investment strategies must be seen in a suitable manner where we know the moment to sell and then when is the right time to buy. Ordinary investors who do not have large financial amounts will try to take advantage of the rising conditions to sell and see potential buying when the price of bitcoin experiences a sharp decline.

Bitcoin has experienced quite a significant increase in the past few weeks and I think there are many investors who have taken advantage of their investments. Now all you have to do is make a reinvestment plan and wait for the right moment to buy and if the ATH has exceeded the desired price then it's time to collect it again.

You're right. Bitcoin doesn't reach its ATH yet in this bullish season. The price will continue to grow and it is predicted to reach its ATH in 2025. If we learn the ATH in every bullish season, it should be in the next year after Bitcoin halving. So, the investors who buy Bitcoin now aren't fool, they know it is not the end of Bitcoin price growth. However, it is difficult to predict what the ATH of Bitcoin is. Some people predicted the ATH will be $150k, some believe the ATH can be more than $150k. But I just expect that Bitcoin price will hit $100k.

Not sure if Bitcoin can be $80k this month, the price of Bitcoin tends to drop now. After this drop, we may see sideways. if Bitcoin experience a long sideways, Bitcoin probably reach $80k in the next month.

Agreed it's not a big deal if the ATH happened Investors who have held bitcoin until now will see the biggest gains from the bull run. Investors all know that if you want to see more profits in bitcoin you need to hold it for the long term. The value of bitcoin has been increasing ever since the approval of investing in bitcoin through ETFs.

Yeah and bitcoin have the potential to go beyond $100k during the next bull run which may occur after the halving , to me using the word peak in bitcoin at his recent price just inappropriate, bitcoin haven't gotten to it peak yet and still got a long way to go before getting there. So those that decided to start their accumulating now according to their financial capability, are still early and they actually making the right choice to have some bitcoin stash in their portfolio. And it is normal that doing bitcoin growth they would be alot up and down movement in market. But as a long-term holder we shouldn't get ourselves bothered by that. Just like those who bough during the time Bitcoin created it's previous ATH then experience a dip . But still alot of investors didn't bother to sell in loss or give up but they kept on accummulating and hodl, and due to buying alot if quantity during the dip using any of the accumulation strategy, now bitcoin as hitting price range of $73k they would be in some nice profit. Though bitcoin is undergoing some correction currently, still if bitcoin try the price range of $73k won't be any challenge again.

It could neither those people would really be those veterans who had been trusted up Bitcoin even until to this moment or into those new ones who have recently known about Bitcoin.
Investors who invested into those peak prices doesnt literally that they are fools but rather they are believers but we cant really be able to deny that there would really be those people who would really be
have been dragged with the hype or FOMO on which it causes for them to buy up with these prices and eventually make some panic selling on the time that the market do make out some correction.

We've seen that its always been like this on which there would really be those people who would really be making investing out of those impulsive emotions that they do have because of the things
that they are really that seeing around came from other people or within the market considering that exposure is really that on everywhere.
Investing with Bitcoin is much more better rather than with those shit meme coins instead but sadly there are people who are really going into the opposite option.

It's not foolishness to keep accumulating Bitcoin now, it has surpassed it's previous ATH before the coming halving, and the bull run is just getting started, so buying Bitcoin now before it reaches the peak of a new ATH is a good investment plan. My prediction is that Bitcoin will reach $150k in the peak of bull run, that will be nearly double of it's current price now, so if any investor is hodling for the long term, then I believe that they should still go ahead and buy, and that'll be a smart move as far as I'm concerned. Currently Bitcoin price has slightly dipped, and it's a good sign to buy now before the halving, when price will start to surge again.

I don't see anything wrong if there is anyone who still invests in bitcoin. I don't know why you think that the investors who buy bitcoin are fools, even at this 70k that you went through in the question. It's as simple as that: if an investor believes that bitcoin will be 100k each, they will still make a profit even if they buy bitcoin for around 70k and up.

So even if the value of bitcoin is over 100k, there will still be people who will buy it. It is impossible that there will not be, and the buying of bitcoin will not stop because the buyers are still there.

Already peaked, i like the language as it’s used here which is the word peaked. Though it might be considered as an ATH haven’t broken the old one, this is far from an ATH that is going to going to persist and direct the market for a long time. $73k is just a little above $69k ($4k difference) which existed for an ATH for about 2-3years. The market has got more better numbers ahead of it even before the halving and afterwards.
Having to buy now will be buying at a more correctional position and cheaply too. Where you would have regrets is not having to buy at all and still hoping on more corrections from the market. When the going gets on with the bulls, many investors would realize what opportunity they let slip through their fingers.

Well, holding cannot always be equally profitable with trading but as you said, if someone doesn't have much knowledge about the market and knows they won't be able to make trades regularly and manage their trades in a good way, they should never do it because trading without knowledge will do nothing other than bringing a lot of risks in their way.

Holding can be pretty profitable sometimes, especially if a person has invested in the right cryptocurrencies, but it usually takes a lot of time for an investment to turn profitable due to the fact that Bitcoin and the whole market moves in a cyclical pattern so one needs to wait for years before they see the assets they are holding gaining value in real time.

Continuing to collect Bitcoin, of course this will give us bigger profits when it reaches a new ATH peak. To be able to make a profit, of course we have to be able to hold it for a long period of time and now there has been a price correction which gives us the opportunity to be able to collect more according to Bitcoin. with the capabilities that we have, so we get the opportunity to collect at a lower price than before and this will provide profits when we can hold it for a long period of time, but for those who panic about this price correction of course they will sell the Bitcoin they have in state of loss.

In my opinion, it is much stupider if people are unable to study how bitcoin has given rise to many benefits in it, compared to people who buy bitcoin at ATH times like now. The bitcoin cycle always brings up the next ATH after a specified period and if people buy bitcoin now they can wait for the next ATH to sell, so nothing goes wrong when they try to accumulate purchases at any price.

If we understand Bitcoin's journey, corrections or increases are always marked on Bitcoin's journey and this will continue to happen on Bitcoin's journey. In fact, the balance must be seen to what extent people can control their emotions and not panic in these conditions.

Holding only works with bitcoin.

Fuck shitcoins.  Shitcoins are not investments, they are trades since there are not any of them that has a long term  investment thesis.  In this thread we are not talking about shitcoins anyhow.. so sticking with the topic of bitcoin there may well be questions from anyone whether they have enough or not, and if they decide that they don't have enough then the question would be wether to buy more or to wait... since you cannot accumulate more by selling rather than buying.. even though some folks will take such circuitous routes towards trying to accumulate more bitcoin.

Furthermore, most of the time, investing is not merely holding, because it takes a long time to establish a position, and an overwhelming number of people do not have money to invest from the start, so they have to buy some bitcoin on an ongoing basis in order to build up their investment.

If they have built their investment in some other asset, then they could reallocate into bitcoin, yet even then, people frequently prefer to reallocate in incremental ways rather than selling one asset for another.

Trading is a whole other game, and it seems kind of silly to buy and to sell bitcoin, when bitcoin is amongst the best, if not the best asset currently known to mankind, so why would you want to sell it if your goal is to own more of it? 

Sure at some point you may well have enough bitcoin or more than enough bitcoin, and then at that point it might start to make sense to sell some of your bitcoin and allocate into other assets or just to use it for consumption purposes, but you have to get to a stage of

Well, most of us had consider buying Bitcoin at a cheaper price as a good time but it doesn't mean that buying at the current price is a foolish decision unless we are buying shitcoins. If we plan to hold them for many years and prepare for the next bull season, that is still okay. Bitcoin has been believed to grow every bull season and reach new ATH, in fact, we're not yet at its peak so we could say it is a dying decision but rather think for a profitable decision.
Of course, it was the best time to accumulate Bitcoin during the bear season but if you really have the trust, it was not a wrong move to do it in the current situation.

Currently the value of Bitcoin is 67k, it can be said that Bitcoin still has a high value. We all know and believe that Bitcoin will rise above 100k. As such, even if someone buys Bitcoin now at 70k price, it will not be a loss, he can still make a profit by buying Bitcoin now. Because the price of Bitcoin will increase. There is always someone buying bitcoins, it is impossible to stop buying bitcoins. Any time you buy bitcoins, only long-term holdings will benefit you.

This logic is the same as person who buy bitcoin when the previous ATH has not yet started, so the decision to buy can be made at any price, as long as they can hold the bitcoin until it reaches the next ATH. Basically there will never be a loss when bitcoin is invested in the long term because the bitcoin journey cycle will definitely repeat itself until it finds the next ATH. The problem is that when person don't understand the journey of bitcoin and when buying at very high prices can make them feel panicked at the sharp correction that occurs, that happens because person don't understand the cycle of bitcoin's journey.

As we have seen, investing in bitcoin is the right choice as long as person can understand the conditions of the journey. Buy and hold bitcoin after that there will be no problems that arise because the strength of bitcoin has been tested in its journey. If people don't buy bitcoin today, in the future they will lose the opportunity to achieve financial freedom because the dibitcoin investment system has been so tested at this time.

It has been about two weeks since this topic, and the market showed that there is still volatility left in it. Doesn't mean that its going to be easy, it just means that you are going to end up seeing something changing one way or another. I personally hope that the price would go back up, but as long as we have volatility, it means that we are going to see ups and downs. We have seen the up, and now we have seen the down, I am assuming that the next up is going up again. There isn't guaranteed of course, it could still go down even more but I do not think that its going to be all that common, we should probably consider the fact that it can be different in the end.

The bitcoin price is still yet to reach ATH in my opinion, so anybody who invests now should still have hope for getting their profit back. Halving is still on the way; we haven’t reached it, so I don’t see anything bad if someone invests now. Aside from the fact that the bitcoin price is unpredictable, anything can happen; it can rise more than this, so we should expect more from the market. Anyone who wishes to invest can do that, but you DYOR. Because that is the most important part of it.

Although I know that some new investors FOMO makes them rush to enter the market and some is due to greed, I won’t blame them. It is not easy to come over these two things I mentioned, but the thing is that we should know what we are doing and know we are putting our hard-earned money to

Buying Bitcoin isnt just smart, its the future. We're talking about a world where you control your money, not some banker. Its about opportunity, HUGE opportunity. Bitcoin's cycles are clear - you buy, you hold, prices go up. We've seen this pattern, its undeniable. Bitcoin always bounces back, always hits new highs. The naysayers dont get it.

The REAL power of Bitcoin is long-term. Ignore the daily dips, thats just noise. Smart investors see the bigger picture. Bitcoin is revolutionary, its changing everything. To miss out now is like missing out on the internet in the '90s. Massive mistake. Invest in Bitcoin, its the best investment of your life

You're right on point @dimonstration, investors buying bitcoin at a higher price when the market hasn't spiked at its ATH are Investors who has expected more increase in the market probably hoping to make interest at the upcoming bull run at the seasonal circle. So they're of no fools but investors so also understands the logic in the market trends.

Everyone definitely sees the potential in the future of bitcoin so they start to decide to get involved in investing. Now people see bitcoin as a way to gain financial freedom and in this way people can reach a stage of improving their finances for the better. The bitcoin cycle will continue to repeat itself and we have to be somewhere that can provide profits because this is actually the way we can make a profit. The power of bitcoin is indeed in the long term, although some people also use the short term to make profits.

Both are good choices, but we must be able to choose the best from one of them. In fact bitcoin has shown quite widespread adoption around the world and there are many people starting to consider buying in the way they can. The level of investment effectiveness is measured by the extent to which people can generate profits and if this is financial freedom refusing to accept is a bad decision.

But still, among them there are those who succumbed to the trend and, without delving into the work of the market, bought without thinking. If they did not sell now but wait for new price ranges, then there will be no problems. Since anyone can open the chart and make sure that long-term investors will always be in profit.

Are investors investing in Bitcoin at ATH now are fools?

Your question is not a simple Yes or No. Anyone going all in and Holding at these levels is probably a fool who will panic sell at much lower prices. A savvy trader can start slow, saving funds to buy more at lower prices, and start to play the medium-term moves while holding a moderate amount. Now, add some income paid in Bitcoin and you are off to a great start.

Bitcoin's prices is 65k$ which is still higher price so investment in Bitcoin now is not a foolish idea but if someone invest at 65k$ and then sell bitcoin due to emergency purposes or panic then such people will be termed as fool. Buying and selling both prices effects your profit so if you buy at higher price then at least plan a target at which it can give you profit.

I think buying before 75k$ is not a bad idea because prediction says that bitcoin price will soon rise to 100k$ so if someone buy at 75k$ then still he will be in profit so I think that investment in Bitcoin at any cost is not a foolish idea but if we are waiting more and more that price will reduces and then we will make investment then this is not an appreciated job.

OP asked about investors, and you responded by talking about traders.

Of course, everyone may well define investor and trader differently, yet I have personally come to an assessment that anyone coming into bitcoin with less than a 4 year timeline is coming into bitcoin with a trading mindset, so in order to be a bitcoin investor then there should be a plan to stay in for at least 4 years, and better yet to have a 4-10 year or more plan to stay in.

Another thing is that any of us can come into an investment like bitcoin with any mindset that they like and including a person could come into bitcoin with an investment timeline to plan on staying at least 4 years from any injection of capital that s/he makes, and at the same time, such person could end up changing their mind and choose to abandon the investment prior to 4 years.. .. .

So yeah, investors and traders do not seem to be the same thing, and surely there are some people who come into bitcoin and they are not really sure about their timeline.. and maybe they are not considering themselves as traders, but if they are not at least trying to plan out 4 years or longer, then I think by default I would still end up classifying them as a trader than an investment based on their failure to mentally commit to at least 4 years.


Let's say in the coming month or two or perhaps 3 months, a person has no bitcoin and the BTC price has gotten to be between $75k and $100k, then what is such person supposed to do? Wait for the BTC price to come down prior to buying?  What if the BTC price does not come down?

The same questions for $100k to $160k - perhaps those prices within 1 month to 6 months.  person has no coins?  wait?

The same questions for $160k to $240k - perhaps those prices within 3 months to 12 months.  person has no coins?  wait?

The same questions for $240k to $540k - perhaps those prices within 6 months to 18 months.  person has no coins?  wait?

I understand the higher the price, the more justification to wait, but if a person  has no coins, then is the answer still to wait? or not?

Maybe two more scenarios

The same questions for $540k to $1.25 million - perhaps those prices within 12 months to 24 months.  person has no coins?  wait?

The same questions for greater than $1.25 million - perhaps those prices within 12 months to 36 months.  person has no coins?  wait?

I understand what you are asking, clearly every investment decision will definitely involve risk, for Bitcoin prices can go up or down dramatically. However, it can all be anticipated with some other people's experiences that we can follow or roughly speaking (cheating).
Usually a major correction will occur after reaching the ATH, but Bitcoin and crypto markets are also known for their high volatility. Especially for those who FOMO is very stupid because they don't understand the habitability of a market and get stuck in a situation where they can't afford to sell it back because the price is plunging down and it takes a long time to wait for it to stabilize again.

The fool continues to think that Bitcoin will correct deeply and wait for it to buy it, while in reality Bitcoin continues to increase and even continues to print the latest ATH. If we talk about investors, of course an investor will not keep assets for a short time like traders. investors have a long view, so investors who wait for a deep price correction are the fools. Also take advantage of FOMO from retail or traders who don't understand Bitcoin and still think Bitcoin is the same as other shitcoins.

Bro, you guys are overthinking this ATH as if it's the end of the fucking world if you missed out on investing at a lower price point. We've been dancing this tango for a little less over a decade now and you know for a fact that 1, this isn't the end for bitcoin just yet, as we're still about to reach another ATH soon as the bull run finally commences (yes, I believe we're still far from the real bull run and this one's a pseudo-bull that is caused by the massive anticipation of the people for the upcoming Halving) and 2, we're yet to even reach the Halving period yet, why are we assuming things when the prerequisites haven't even been met yet?

Chill out on calling people dumbfucks just cause they played and invested in crypto a little later than everyone else, at the end of the day as long as you don't sell, or you sell strategically while keeping one foot at the door you're going to be safe from missing out and you'd be able to earn money, if that's what you're really worried about. I myself would watch this whole thing pan out first, and from there either strategically sell my crypto and buy in at a lower value for more profit, or just keep on buying more despite the high crypto price. What always matter at the end of the day isn't when you bought your crypto, it's always if you bought crypto in the first place.

Holy fucking shit, Casdinyard.

I was about to send you an smerit since I was thinking that you were making some really good points, and then you start spouting off about some nonsensical, misleading and meaningless term such as "crypto," and it caused me to wonder if you even knew what the fuck you were talking about... You used it 4 times in two sentences, and 5 times within a paragraph that you did not even mention bitcoin in that second paragraph.

So then, yah, I had to go back through and read your post, and I see that you had used the word "bitcoin" so you do know the word, yet for some reason you seem to have it in your head that using the term "crypto" helps you to make more clearly whatever point you were intending to make?

No it does not help for you to be using dumbass, vague, meaningless and misleading terms like crypto without clarifying what you mean exactly and how it might relate to bitcoin.

If you had used the term "crypto" because you were trying to "go beyond bitcoin," and maybe you were wanting it to appear that you are more enlightened because the concepts that you are discussing are more than just bitcoin, then there might have had been a way to say that while still using the term bitcoin, and at least some of us would have recognized what you were talking about, even if we might have disagreed with such a point.

Hopefully you are teachable in terms of figuring out how to make sure that you are not parroting dumb, meaningless and misleading language merely because you hear some seemingly smart people using such a term.  There are quite a few folks using such sloppy, ambiguous and misleading language with the excuse that "everyone else is doing it," which surely is not a good excuse for parroting such.

Don't get me wrong, my comment is not intended to have anything to do with semantics and/or language police, since you are free to use whatever language that you like - yet you also may well end up getting pushback when you are using such vagaries and misleading language in connection with bitcoin when the term may well be a kind of attack vector upon bitcoin..

And, by the way, another thing that many of us likely recognize is that if we were involved in some kind of a legislative / regulatory process, we may well need to use such vague-ass language in our legal descriptions because we want the law and/or the regulation to be sufficiently broad enough to capture matters beyond just bitcoin - so there could be reasons for laws and/or regulations to employ that kind of broad language  - yet those kinds of rationales do not apply when we are talking in a thread like this about investing, saving and/or trading of bitcoin.

Yeah, there's always that possibility of a big drop, especially when prices have been shooting up like crazy. But trying to pinpoint when it'll happen is like playing a guessing game. It's like trying to catch a falling knife.

No one knows at what price ATH will happen so people who love Bitcoin are always interested in buying Bitcoin. But in this case, panic buyers and panic sellers make decisions very quickly due to which they face huge losses. As Bitcoin is a strong digital asset, it is wisest to invest in it long-term regardless of its price. there are HUGE investors who are now investing heavily in Bitcoin even though the price of Bitcoin has pumped up and hit a new ATH.

Figuring out BTC's price direction is not as difficult as you are making it out to be, and one of the most important things for anyone who is either a low coiner or a no coiner is to get enough coins to prepare for up, and if you fit into one of those categories of no coiner or low coiner, then by definition you are not sufficiently/adequately prepared for Up.. and the only real meaningful way to prepare for up is by buying more BTC.  You go not prepare for UP by preparing for down that may or may not end up happening.

Hopefully you mahaveer96 have sufficiently/adequately prepared yourself for up - yet I have my doubts since you don't even seem to know how to properly frame the issues of where we are at, how we got here and where we might be going.

exactly, waiting for the dip as a low coiner or no coiner shows that one is not ready to invest or to start his bitcoin accumulation journey. Where most people do get it wrong , is having the urge to always buy the dip (which may not happen before price surging). And may lead to one missing out big time , so to avoid such start accumulating more bitcoin now. And DCA strategy as made it easy for most of us to accumulate at any price interval either when the price is low or high. And is also advisable for one to have some funds set aside fqs reserved funds to buy the dip if there's any .

if big investors are willing to buy bitcoin even though the price is rising, why are they still hesitant to buy bitcoin for the future?
Before buying Bitcoin assets, the investor must still carry out in-depth analysis. not because you have money and then just buy it without any further analysis.
that alone is enough for us to buy bitcoin whatever the current price. especially for me who can only buy no more than $100 in bitcoin every month. Just buy and wait until the next halving, then see how your portfolio grows.

I do understand that there is a bit of start up costs for anyone who is entering into some kind of a new activity, and surely people who have never invested into anything may well have certain psychological obstacles because they don't know about how to do something that is within their own good.. and so just getting started can take a while, and surely they don't even have to invest a lot or even make any kind of large investments in order to engage in a little bit of preparation for  UP and/or down but just to get a tiny bit of stake with an amount of money that might not even be that important to them in the event that maybe they are starting out with something like $10... and surely $10 is not going to make any difference in their lives either way. . so sometimes there may well be some needs to engage in a bit of due diligence and studying to be able to get themselves to a psychological position to take a bit of a less whimpy stance (stake) in a kind of investing/savings practice.


Yep.. just get started is the main thing..

And, too many people try to be too smart for their own good, especially when the entry position is not as important as many folks imagine it to be, and perhaps there is a bit of brainwashing and/or group psychosis when there are some of these commonly held beliefs that are not even logically (and probably factually also) correct.

so in that regard, there is a kind of false expectation and/or hope that there is a need to be profitable right from the start, or to maximize the chances of starting out profitable blah blah blah.


For start, there could be some advantage in having some various kinds of funds, but probably for start there would be a preference to attempt to keep the matter as simple as possible.... with something like a clearly manageable amount and then working on some of the details in regards to getting their financial matters in order, since there are so many folks who are not used to being somewhat organized in their finances because they are not needing to b organized in their finances since they are likely not engaging in any kind of investing (especially in any kind of asset that is inevitably going to be volatile).


Your idea of a need for "in-depth" analysis prior to investing in bitcoin seems to no9t ONLY be erroneous, but likely leading no coiners and low coiners to feel some kind of need to figure shit out prior to investing, which truly is not the case when it come to bitcoin.  When it comes to bitcoin there are a lot of things that are quite complicated and potentially stop someone from investing if they were to conclude that they have to understand bitcoin with some kind of depth - when most likely all they need to get started is some kind of a hook of an investment thesis, and they can figure out the details as they go.. and maybe start out with some small amount, such as $10 while they are looking further into whatever levels of details they feel that they need to understand.

Now as far as figuring out their own financial and psychological matters, that may well be another story, since the various aspects regarding a persons own financial and psychological details are likely more knowable and within abilities to figure out, yet they still don't need to figure them all out prior to investing into bitcoin, just like their view of bitcoin compared to other assets is only one of 9 individual factors (https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590) to consider when investing into bitcoin while they don't have to be figured out in detail prior to getting started.


This part kind of seems correct, yet I am not sure exactly what you mean by "the next halvening" since we have a halvening coming up in about 3 weeks, so are you suggesting that someone invests into bitcoin for 3 weeks ONLY? or are you referring to the next halvening being 4 years from now?  

I would agree that having a 4-year investment timeline would be a good idea, yet if you were merely referring to this upcoming halvening as an investment timeline, then that would more likely be trading and/or gambling rather than investing.

if you are a small time investor then you must take space investing in this hyping market because what can you get when you put money in something that you cannot afford to hold longer.
bitcoin is not for easy money thing of investing and that is the truth around here.


well either DCA or scalping as long as you are not greedy then yeah you can apply those strategy to take small profit each time.

There is quite a difference between a plain investor to a trader. Those that you have stated who go all in during an ATH is most probably a new investor who don't want to miss out the bullrun. So, that kind of investors are in no way a trader as well, otherwise he'd f*cked up.
If what you meant about trading is buying bitcoin? Then I assume what you meant to say is to try the DCA method, as you mentioned to save and buy at a lower price. It's the best method in accumulating bitcoin to try not to miss every dip, but for someone who bought at the ATH, they should be fine though as long as they hold onto it for several years.

It's only the all-time high so far, but also, comparing your Bitcoin to fiat is an issue within itself. Bitcoin going up in fiat price is not an indication of the value of Bitcoin increasing, but it is an indication that the value of fiat is diminishing in our world as we know it. There are so many periods in the past 10 years where I have told myself not to invest because it was an ATH at that point, and how I regret each and every moment.

I can not stress this enough because you might even lose more if you just invest in short term instead of investing for the long term. Considering the amount of bitcoin you bought and the transaction fees, you need to make sure that your transaction is worth it. If you are just going to keep taking it out then you might be losing more.

Of course traders are a different conversation all together but if you are not one then it is much more advisable to invest in bitcoin and hold it for a long time.

Even falling knife is manageable to catch or even as easy when we are talking about
expertise same as how experts in Bitcoin can give prediction , it may not that accurate
but at least closer to what will come to us .
and guessing game? well we must not call this a game but instead a challenge.

They maybe at trading perspective if they think that those people who buy at ATH is fool since if we are for short term trading then maybe we can say that it is since its maybe hard to earn a profit with that since the price may go to a correction process and they lose their bought bitcoins especially if they can't handle the stress of dumping market.

But if they are for long time hold whatever figures they could able to buy then its fine since the target is for long term that's why we can expect that nothing will happen to us whatever market situation will occur. Since we have target set and we can able  ignore anything happens in the market since what we are trying to do is to accumulate more and increase our holdings. Many maybe afraid to do this but since we are in bitcoin the chances to get a good pumps in future is really possible. We see how bitcoin perform for over the years.

No sir, what I mean is the halving in the next 4 years, not the halving which is now only a few days away.
In fact, I've calculated that if I could only buy Bitcoin monthly, I could collect around $4,700 over the next 4 years if I could really get $100 every month regularly.

Still the price of Bitcoin is quite high so if we can buy Bitcoin at this price it may be right for us to hold it for a long time until the bullish season starts. We may not be foolish to buy Bitcoin at this price, but those who see Bitcoin fall and then sell it at a lower price would be foolish. Those of us who invest in Bitcoin should invest with a specific goal as everyone should have an investment goal. Whenever we invest in bitcoins with our target and accumulate bitcoins from there even if the price of bitcoins goes down, we will be able to hold it no matter what our objective is to reach the target. We can buy bitcoin anytime we want but whenever we buy bitcoin we have to hold it for a certain time limit.

Hey peter0425.  I thought that you had told me that you learned your lesson in regards to your past pissing around with trying to scalp prior to reaching some decent BTC accumulation amounts?

In other words, those scalping ideas tend to be a slippery slope and might not be a good idea until you get to a state of overaccumulation of BTC... and yeah at the same time, every guy has to make his own choices in regards to either whether to continue to accumulate or to start to piss around with scalping prior to such a time of reaching overaccumulation of BTC.


You are inaccurate if you are proclaiming that BTC prices are going up merely because fiat value is debasing (and/or inflation of prices).  Sure, there is some of that going on, but the debasement of fiat is not the ONLY factor that explains BTC price appreciation.. .. so hopefully you are not allowing such simplified (yet not completely false) talking points dissuade you from making sure that you sufficiently/adequately allocate to bitcoin to the best of your abilities.

And by the way, there are a lot of reasons why BTC prices are going up faster than the debasement of the dollar(fiat), including but not limited to sound money ideas, but also in terms of exponential s-curve adoption kinds of ideas that also tie into the seven network effects as outlined by Trace Mayer (https://nakamotoinstitute.org/mempool/the-seven-network-effects-of-bitcoin/).

As someone who can be said to be more advanced regarding Bitcoin compared to those who are just starting out, this strategy must be very familiar here and always guides everyone.

So just keep accumulating bitcoin holdings regardless of current market conditions, whether they are bullish or bearish. keep buying and holding for the next 4 years. Surely you will feel how great investing in Bitcoin is. It can even beat the investments in the stock market that people out there have made. and never act stupidly and panic when the price of bitcoin drops and then sell it. in fact it is a better time to buy bitcoin at a discount.

I don't see the reason why most persons care more about Bitcoin current market condition and careless about building there portfolio. Bitcoin keep appreciating regardless, past histories and present data show the promising future of bitcoin, so it doesn't matter whether bitcoin drops or pumps what matter is your investment portfolio, accumulating enough out of bitcoin.

We must know in any financial market there is three phase either uptrend, downtrend or consolidation. These phases also have sub structures inside of it, we know bitcoin is in uptrend,  so why the panic.

My only advice is that the high expectation on bitcoin should be curtail so as keep your emotions, greed and risk tolerance in check, I guess this is where the problem comes from, that why only a pullback or drop some begin to sell off rather than accumulating more.
Looking from different perspective  probably they might have made profits off there holding, still doesn't satisfy the need for investing in Bitcoin with a short term view.

No, they aren't. The best time to have invested in Bitcoin or even own it in my opinion would have been before the ATH but investing in Bitcoin now isn't a foolish idea, because the probability of Bitcoin going beyond the ATH price is very high, and investors investing now would gain over triple what the invested.

The thing is a lot of people in this period may be begin to invest cause of Fear Of Missing Out. But that's also helping the market as the more Bitcoin becomes popular and the more investors invest in it, the higher it's worth, value and it's price. It's not at all times fear leads to irrational decisions, sometimes it pushes us to change ourselves and our lives. So, in conclusion, the people investing now, out of fear and out of knowledge aren't fools but are people actually helping the market.

I agree with your view @leonair that big investors and realize that bitcoin has great potential, maybe they are ignorant and do not pay attention to the conditions where the new ath has occurred, because they invest long term for a dozen years maybe more, and what is clear is that bitcoin is very unique where in the past he was considered an ordinary coin and in fact now bitcoin is being hunted by investors who are aware of its potential.

The emotions that arise are due to the investors' own greed. In fact, there are still many who claim to be investors but still use trading strategies, even though they are very different.

A trader definitely still looks at market conditions, and all he thinks about is quick and momentary profits. different from investors, who are actually happy if bitcoin is experiencing a correction. they can instead get bitcoin at a cheaper price to grow their portfolio. and investors are not selling it in the near future because again considering the prospects for bitcoin are long term.

real investors will never sell their bitcoins within 3-4 years. even during that time, many continued to accumulate bitcoin holdings. only if it has been more than 4 years, they will sell only around 3-10% of the portfolio to enjoy their patience in collecting bitcoin without having to sacrifice their portfolio.


what about you now, have you started to accumulate bitcoin ownership?

In fact, it would be great if you could hold on to Bitcoin for up to a dozen years. but it still depends on the age of the owner. and it is impossible for someone who is 40-50 years old to continue accumulating bitcoin for a dozen years. If you are still young, maybe you can have a peaceful old age. but the fastest in my opinion is only 4 years, then think about what happens in the future. continue to continue or sell it little by little to enjoy a fulfilling life.

Yes ATH is not permanent it is only a high price till present time so in future bitcoin price may be many times more than that so real holders never think about ATH. The supply of Bitcoin is limited but the demand is unlimited because so far not everyone has started using Bitcoin worldwide yet the price of Bitcoin is high and when Bitcoin starts to be used by most people worldwide then the price of Bitcoin will be higher. So holding only for long term is always a good decision

It should be underlined, no one knew that the rising Bitcoin price this year would be an ATH and that Bitcoin would fall soon after. Investors are investing in Bitcoin today because they believe it can offer significant returns and as a hedge against economic instability. They have predicted Bitcoin has a bright future, taking advantage of the current market moment can provide big profits in the future even if investing a small amount.

Investors believe Bitcoin is a safe store of value compared to fiat currencies such as the dollar, they try to anticipate the future when the dollar starts to weaken. Bitcoin always plays an important role in financial resilience when the economy is turbulent, Investors' trust in Bitcoin will enable them to achieve multiple profits in the future.
If you think investors have done something stupid by investing now, in my opinion, they don't want to make the mistake of not buying Bitcoin when they had the opportunity.

I think today many investors think intelligently about Bitcoin, whatever the price when they buy Bitcoin, because they trust it and already know it after doing research and assessing its footprint. That Bitcoin has the potential to benefit them greatly as a good investment in the long term due to its limited supply, and its decentralized nature, as well as its ever-increasing mainstream acceptance.
And they don't want to miss or lose a second chance to get good things about Bitcoin and they will do it when they have the money and keep it for the long term whatever the price. Because they believe that Bitcoin in the long term will still provide good profits for them even though declines always occur.
And stupidity only lies in those who delay buying Bitcoin, and will regret it when the price has gone up.

First they are not fools because everyone has their own time to do what they like to do, if they can't buy now they can buy tomorrow. Besides not everyone knows the difference between Bitcoin and altcoins/shitcoins and they can't differenciat between Bitcoin and real estate investments if they don't know the meaning of crypto currency. Again, this is just a new ATH there is more to it, so anybody that's buying now should also put in mind that there are more ATH to come. It's only few people that won buy Bitcoin at this current rate because they think that this is all or it's too high for them to buy know. The stage Bitcoin is today, if you don't buy it will continue to increase so the easier you buy the more gains you get.

ATH can be a temporary highest price or permanent high price. For the coins which still have good progress on its price growth, they can have a new ATH someday. But for the coins that are likely stuck, it can be a permanent ATH because the chance for a new ATH to be very small. If you checked some coins on the CMC or CoinGecko, there are few coins that didn't reach new ATHs in the previous bullrun season (2021). However, if it is Bitcoin, I'm very sure that the current ATH is a temporary highest price. In the next halving time, the price of Bitcoin has a big chance to increase drastically. At that time, it is very possible to have a new ATH in BItcoin.

if we look at the total supply of bitcoin which is only 21,000,000 compared to the world population in 2024 of 8,118,835,999 people^[1]. So if it was owned by everyone in the world, each person could only own 0.00258XXX bitcoin.

that's why bitcoin is very promising for the future, because now it is still very easy to get small amounts of bitcoin. some even have more than 174,530^[2] very easily. forget about the current ATH, because new ATHs will continue to form in the future.

So before Bitcoin is owned by people all over the world, just keep accumulating Bitcoin ownership, at least 1BTC so you can be better than the rest of the population in the future.

---

[1] World Population History (https://worldpopulationreview.com/)
[2] The World’s Largest Corporate Holders of Bitcoin (https://www.visualcapitalist.com/worlds-largest-corporate-holders-of-bitcoin/)

So this would really be just that on the same question into those people who had bought @19k price on that previous cycle on which we know that the price had dropped to 3k on that particular cycle.
Of course to those people who had bought into the peak would really be having those considerations that they have bought at the peak and pretty much sure that there are those people who have already cut their loses because they arent that sure that the price would really be having that recovery and having also those impressions that the price might be going back to $200-$1000 or something like that.
This is why they had made out those tough decision on cutting losses, and on the time comes that the price had recovered or slowly increasing then for sure they are really that banging up their heads into the wall.

Same goes that would happen to those people who would really be tending to cut loss just because they had bought on 69k. We had already broken that ATH although it might not that too far
off but there's always that significant sign that we are gradually breaking new higher highs which is really that a good thing to look at.

Better invest while we are still on upcoming halving period or just little wait a bit more for the price have some market correction before you would really be entering into the market and secure your position. Those people who are investing into those peaks arent fools because you cant really just that make yourself that be able to avoid on having some sort of emotional boost up whenever the market do break that long time all time high. You would really be assumpting that the price might be already that having the break out and with that assumption then it ends up that you have fall yourself into FOMO. Well, when it come to selling then it would really be still your own decisions.

Whether you would really be holding up your position and held for a couple of years or you would be cutting lose but its common sense on which one is sensible or would be worth. This is why it would really be that important that you should really invest into an amount which isnt something that you do need compulsory. In case you do find yourself that getting stuck on the peak purchase then you could easily just that simply forget and move on.
Sooner or later you would really be able to see such breakouts.

The guy never mentioned DCA and I do not think he is referring to that at all in all of his explanations to have warranted. This is just a random investment explanation that has nothing to do with trading as well because traders can buy and sell the market at any time and make their money. This is unlike investors that will be very careful to avoid striking the market at a low price which could become an issue later in the future. Now, about the buying of Bitcoin at any how price, it could cost the investor if care is not taken. The best is to strike the market when it is low and dump it if possible when it is too high. But first, you should know the reason why you are making such decisions and not just deciding anyhow.

For me, my chart is always my guide to know when to buy and sell, but certainly, those who are buying Bitcoin at the ATH may not necessarily be called foolish but are not smart in the investment. They are ill-informed, and that reminds me, in the last bull run, many people who bought Bitcoin close to $69,000 and lost so much started tagging cryptocurrency as bad, just because they were poorly advised by bad investors who were just lucky to gain from Bitcoin but did not know how the market works. We should be smart investors, and at the current price of Bitcoin, if I were anyone, I would never buy it to HODL but trade it which has nothing to do with whether or not is high or low.

Any trader can still gain in such a situation because the market is highly unpredictable, it could move more. But for the investment part, the reward can't really justify the risk anymore when buying at the ATH.

Depends how you see it though, if you see them as short-term investors then they could somewhat be called a fool but if they're investing for the long-term, it's unlikely that it's the case for this one because as we all know, bitcoin's trajectory is always up even if there's a lot of dumps in the price overtime. But I don't think that it's never a foolish move to be investing in bitcoin no matter what time you've invested into or what price you've decided to buy because at the end of the day, investing is a smart thing to do.

It's not so big that I accumulate only a small portion, if possible I install it and collect in several wallets.

That means I collect it now and sell it in the coming year. So I don't mean that I collect continuously but collect for a year and wait a few years later.

I agree with that view @leonair. Holding BTC for the long term could be a good decision, especially due to its finite nature and the potential for future growth in value with the continuous increase in global adoption, perhaps it could also be one way to build long-term wealth and will come in handy at that time.

That's the right step, because buying Bitcoin doesn't have to be 1 BTC. You can start with the small ones first. How much depends on your income. The greater your income, the more you can set aside to buy Bitcoin.

It's even better if you set aside most of your money for investment. for example, for living expenses, lifestyle, emergency funds, etc. it can only be 30-40% of your income. while you can invest the rest in bitcoin. If you can reduce your lifestyle, you will definitely see good portfolio growth in the future.

If you put it in several wallets, it actually depends on each person. but in my opinion, it would be better to just have 1 wallet. but by having a record of some kind of spreadsheet or something. So it is clearly recorded, for example, how many bitcoins are to be traded in a 1 year period as you said, and how many bitcoins are for the long term.

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I have also compared a person's bitcoin ownership compared to the total supply of bitcoin with the total population of the world.
the answer is that it is very good to store bitcoin assets for the long term. Moreover, looking at current BTC adoption, it can be said that it is still very small compared to the world population. Actually you only need to have 0.0025XX BTC ^[1], but because it's still so early, it's easy to have more than that. therefore take this opportunity to build wealth in the future as you said.
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[1] the total supply of bitcoin compared to the world population in 2024 (https://bitcointalk.org/index.php?topic=5487524.msg63897911#msg63897911)