What is that one reason that motivates you to invest in bitcoin even at ATH ?

[krishnaverma]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

[1715202360]

1715202360

[ifarted]

I think the reason why people investing in Bitcoin is to earn profit where some are afraid that they will miss the chance to earn profit. You can say that it is very much like FUD or FOMO that they also want to invest. If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.

[GideonGono]

I think the reason why people investing in Bitcoin is to earn profit where some are afraid that they will miss the chance to earn profit. You can say that it is very much like FUD or FOMO that they also want to invest. If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.

Yes, the main reason why people continue to invest even in ATH is due to FOMO, and they also believe that the price would continue to increase.
But nobody knows how high it could reach and how the price would move, it could continue to go up or it could go down and have a price correction.

[D ltr]

the main purpose of owning BTC is to make a profit, and have a new ATH target, but sometimes there are many people who hold on until the new ATH and if it has exceeded the old ATH by 20% there will definitely be those who release their BTC and buy back during the correction, who knows at what target will be the lowest when corrected later

[Jawhead999]

Some people didn't want to miss the train while some people know what they're doing, as simple as that.

For me, there are no coins that better than Bitcoin, that's why I keep invest in Bitcoin and hold it.

If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.

Investing is for long term purpose, if you're looking to make profit when Bitcoin reach to this level, that's not an investment because you're looking for short term profit.

[Don Pedro Dinero]

DCA.

Although it is tempting to start selling part of it. But the fact is that in this cycle the price is going to be much higher than it is now, and that is why it is worth continuing to buy, just as if your plan goes beyond one cycle.

Although if the price of bitcoin is as good as predicted for this year, I might start to make partial sales as soon as the price goes above $100,000.

[Zaguru12]

the main purpose of owning BTC is to make a profit, and have a new ATH target, but sometimes there are many people who hold on until the new ATH and if it has exceeded the old ATH by 20% there will definitely be those who release their BTC and buy back during the correction, who knows at what target will be the lowest when corrected later

I will say many people definitely look at the return on investment of bitcoin am that’s why it is having such number of adopters or investors, but it’s not the main purpose as there are others that have invested into bitcoin for the future just because they don’t want to save in a currency that devalues later in future. This is the reason why many people have looked towards the bitcoin for retirement savings other than fiat which is considered less volatile.

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

This is because many people think with bitcoin mining not ending soon its potential to increase is still very high. Yes you can relate the current pump to ETF but the pre halving period also plays its own role as many wants to have it lots before halving comes

[Oshosondy]

Bitcoin touched new ATH in 2024 of around $69000.

The all-time-high is $69000 in November 2021. Bitcoin increased to $68800 and which means the price did not get to all-time-high yesterday.

There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

The reason I am investing in bitcoin and not yet selling is because bitcoin is going to $100000 and I am not in need of the money right now. My prediction is that bitcoin will get to $170000 in 2024/2025.

[Eternad]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I’m not adding more Bitcoin on my holdings but what motivates me to still hold my Bitcoin investments is due to the upcoming Bitcoin halving that always incorporates with massive price growth based on the history of all Halving happened in the past.

Bitcoin price cycle never been broken ever since and with the approval of ETF, there’s no stopping anymore for Bitcoin growth unless something major bad news occur which unlikely to happened now. To make it simple, I’m still holding because I’m positive that Bitcoin price will at least x2 the previous ATH because that’s what always happen.

[Husires]

The same motive that drives everyone to invest, which is profit. The price is about 70,000, but there is a good possibility that it will be more than 100,000 within 12 months, and this possibility is definitely increasing day after day. Therefore, as long as the price is less than 100,000, it is still considered a good investment.

[Finestream]

I am optimistic that bitcoin price will continue to surge high and will break its last ATH in the next couple of days, that’s why I never stopped from doing DCA as much as possible. I don’t care anymore even if the current price is too high to buy, because I’m not here just to buy and sell immediately but will definitely buy and hold bitcoin for long term, as it also serves as my retirement funds in the future.

However, majority still falls on FOMO these days. Probably they have missed the previous ATH for bitcoin and don’t want to repeat the same mistake again, so they end up riding with the FUD and FOMO.

[thecodebear]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

Breaking the ATH, which Bitcoin just did a few minutes ago (!!) is always the START of the bull run. So people are obviously buying Bitcoin around the old ATH because they know prices are going much higher in the coming months. Sure there is likely to be a correction soon, but any correction is going to be short lived.

[crwth]

For me, it's just reaching new ATH, and having that in mind, it can reach even higher. A lot of people are now getting back and hearing about Bitcoin and maybe some untapped money can go into it and then it could be traded a lot more now and more and more institutions might buy it as well and add it to their portfolio, you'll never know.

Personally, I just know that it costs more than the current ATH, that's why I would still buy it.

[YOSHIE]

What is that one reason that motivates you to invest in bitcoin even at ATH ?

ATH is just one of the phenomena that many Bitcoin users have been waiting for. We know there are many reasons why users choose to invest in Bitcoin, maybe one of the reasons as you said ATH and Halving, for that there is no doubt that from the beginning until now the goal has been to make good profits in the crypto world.

But for me personally, ETF news is not the main basis for me choosing to invest in Bitcoin, I think ETFs are viral lately, the ATH that is happening in 2021 has no impact on ETFs, it actually has an impact on big investors around the world, Thus we are aware, for me Bitcoin investment is viewed positively on the basis of the impact of the new ATH increasing to produce good investment value.

[tsaroz]

Historical trend?
We have seen everytime Bitcoin breaks the last all time high, it don't only break the last record but rises much further to create another record. Bitcoin last time breaking the ATH around 30K rose to a high nearing 69K, thats more than double of the last ATH.
Similarly as now Bitcoin has beaten the last ATH of 69k, we could expect it to reach 135K. It's not a full proof analysis but we can easily predict Bitcoin to be at least 95k or something as 100k could be a large psychological barrier. Stii, it's wiser to keep on taking your profit.

[Greyhats]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

I maybe have a different perspective, I'm not overly invested in what the price is. I have a target BTC amount I want to accumulate by a certain date. I  This is helpful when you get to that point where you think "is it too expensive to buy now", I just see have I met my accumulation target and if not buy what I can. If do get hung up on the price(is it expensive or is it cheap) then would recommend you follow a strict DCA, where buy at regular intervals this helps ensure never buy to much at "expensive price".

My only word of caution with DCA, and this is something I learned the hard way, is that its very easy to get caught up in your avg BTC price. Dont start using this as indicator whether to modify your DCA too much. Its nice to look at it for sure but its actually not that important in the long run. Its preferable to have more BTC at a higher avg price vs less BTC at a lower BTC price.

e.g lets just say the next ATH(not the one today) will be 140k$ and there are two holder examples

Holder#1 - Has 0.21 BTC with avg price of 22k (4.6k fiat invested). (Wont accumulate more because BTC is too expensive now and will impact their avg BTC price)
Holder#2 - Has 0.31 BTC with avg price of 32k (9.9k fiat invested)(Ignores avg BTC price and continues to accumulate)

Holder#1 - 0.21 BTC & BTC price @140k = 29.4k fiat value, Value Return is 29.4k - 4.6k = 24.8k
Holder#2 - 0.31 BTC & BTC price @140k = 43.4k fiat value, Value Return is 43.4k - 9.9k = 33.5k

[EarnOnVictor]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

You guys should just stop the hype of the ETF of a thing, it has helped during the rumour time of last year till now, but where is it helping again in terms of implementation? Bitcoin has always been accessible by everyone, so the demand and supply of the cryptocurrency happening without the much involvement of the ETF. It is all about everybody and every means of injecting and removing money now (demand/supply and market sentiment which is strongly bullish). The ETF is never the one causing all this but the mood of Bitcoin's halving tradition that brought about the FOMO in its pre-halving season.

To me, it is happening this way and early enough because people have read enough about Bitcoin and do not want to miss out, so what they could have waited for during the post-halving period is being done before the halving. The psychology of people towards the market can be so funny, and the psychology of the market toward the behaviour of people can be funnier which is what is causing what we see now. More would happen, but at this level, I can't invest directly in Bitcoin but continue to trade in on the futures market as usual. I can't possibly make much when committing my money to it in my wallet account.

The ATH has been hit already and I appreciate those who had the good foresight that it would sell on hitting that level. That was what the coin did and had moved over $4,000 after reaching the level, and it dumped so fast as well. All I can say is that a lot of pending orders were at that level because we all know that it would sell a bit to retrace, before going higher again to even hit it again and break it.

[Rikafip]

What is your one primary reason to keep investing in BTC even at these levels.

Because there will be almost certainly many more new all time highs, as simple as that.

In times like this when Bitcoin is pumping and everyone is expecting correction, DCA makes a lot of sense, especially for new investors who are reluctant to go "all in" and are foolishly thinking that they can time the market and buy at the bottom of the dip.

[MFahad]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

I don't think anyone would have a different reason other than the fact that investments can still produce profits because the price is around the previous all-time high but we expect it to create a new and higher all-time price, preferably near $100k or maybe above it. Now that the market has already touched the previous all-time high, we surely expect the price to cross $100k during the bull run because we have yet to have the halving event and the bull run generally starts after it.
So if you ask for a reason why I or anyone is investing in Bitcoin even at such price points, the answer is simple, it's still profitable.

[PytagoraZ]

Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.

I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.

I don't know exactly what made bitcoin ATH but when the ETF was approved, the price of bitcoin actually dropped sharply. I think what affects the price of bitcoin more is because of the halving moment that will soon occur

When bitcoin has a high price, we become confused about whether to buy or not, because it is more risky when the price is so high. However, it is very likely that the price of bitcoin will continue to rise. If you are in doubt, maybe you can wait until the price corrects a little and use the DCA method.