Most people would say it's bad to buy at peak, but we never know when that would ever happen because we can't really define a peak in this volatile market.
We don't need to really know the exact amount of peak, that's basically only based on our own estimate.
IMO, when you see the price pumping and it has reach a good price already, that's already a peak for me, if we buy cheap we can sell at that moment.
buying when the price is pumping is bad, unless you are up to short term trading but if you like a decent return and to ensure you'll profit, buy at dip.