Cookdata
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March 14, 2024, 09:45:07 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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dunfida
Legendary
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Merit: 1159
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March 14, 2024, 09:59:04 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Ben Barubal
Member
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Activity: 560
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Eloncoin.org - Mars, here we come!
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March 14, 2024, 10:04:56 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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I_Anime
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March 15, 2024, 12:34:24 AM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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. 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.
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Z_MBFM
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March 15, 2024, 03:52:00 AM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Sebas.tian
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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March 15, 2024, 05:51:23 AM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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. 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.
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AnonBitCoiner
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March 15, 2024, 07:25:25 AM |
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Why would investors in ATH be fools? Bitcoin's first major ATH was $20k and after that it made another ATH at $68k. Those who invested in ATH of that time could not profit in the next ATH? Profit was more than 3x. After that btc is currently moving forward once again breaking its previous ATH record. Don't you think that those who invest in Bitcoin now can profit? But yes Bitcoin will not make anyone rich overnight. In order to profit from Bitcoin, you need to hold Bitcoin for a long time without getting impatient.
It is reality that after every four years Bitcoin creates new ATH so if someone make investment at present price then may be they have little profit but if they don't sell their bitcoin and keep it for other four years then the profit will increases. But everyone cannot wait for such a large duration and wants to get quick outcomes but they have to remember one thing that good time requires your time and your patience without which it is not possible that you will ever get your deserved reward. Some people have bought bitcoin at the price of 15k$ 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.
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Pierre 2
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March 15, 2024, 08:08:56 AM |
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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.
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irhact
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March 15, 2024, 08:37:00 AM |
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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. 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.
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bounceback
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Vave.com - Crypto Casino
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March 15, 2024, 01:44:39 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Dr.Osh
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Buzz App - Spin wheel, farm rewards
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March 15, 2024, 02:32:26 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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benalexis12
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March 15, 2024, 02:36:38 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Bananington
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March 15, 2024, 04:30:51 PM |
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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.
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Antotena
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March 15, 2024, 04:49:28 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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JayJuanGee
Legendary
Offline
Activity: 3892
Merit: 11172
Self-Custody is a right. Say no to"Non-custodial"
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March 15, 2024, 05:46:03 PM |
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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 12,000 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.
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..
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Asiska02
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March 15, 2024, 06:42:30 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Judith87403
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March 15, 2024, 07:09:34 PM Merited by fillippone (1) |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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Bloodseekers
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March 16, 2024, 11:15:39 AM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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, 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.
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Popkon6
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March 16, 2024, 01:18:15 PM |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
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.
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brownn
Newbie
Offline
Activity: 6
Merit: 2
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March 16, 2024, 01:34:13 PM |
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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.
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