Are investors investing in Bitcoin at ATH now are fools ?

[milewilda]

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

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.

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.

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[Fatunad]

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

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.

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.

[EarnOnVictor]

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.

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.

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.

[blckhawk]

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.

[itorai]

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.

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.

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.

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

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.

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.

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.

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

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.

[arjunmujay]

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.

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.

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.

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.

~~~

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

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.

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.

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.

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

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.

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.
_
[1] the total supply of bitcoin compared to the world population in 2024