Topic: Are investors investing in Bitcoin at ATH now are fools ? - page 11. (Read 2712 times)

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.

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.

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.

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.

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.

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!

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.

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.

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.

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.

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.

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.

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.

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.

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. 

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.

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.

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.

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 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.