Topic: Are investors investing in Bitcoin at ATH now are fools ? - page 12. (Read 2698 times)

I fell for it when I first started in crypto. When prices shoot up to $15k back in 2017, I was still trying to save my income just so I could buy BTC. Little did I know at $19k everybody was planning to dump.

This was the time when ICO was booming and most of the investors think the market is going to stay that way for a long time. But no. Partypoopers came in and took the excitements away and those who held their BTC and tokens got washed. And I said to myself Never again.

although there had been speculation regarding this year being bullish, no one was certain that it will start at this one of the year or that it was going to gain up to this current price within such short space of time. For a short term investors, it might seem a bit unwise to buy now with fears that the current level the price of Bitcoin has risen to might possibly be at it peak but with the way it's going, I doubt that's the case. If you're overly concerned about the right time to enter into the market you're probably a trader and trading is mostly about risk and you should have learnt to deal with it.


For someone that's looking at holding for the range of a five year plus, then you shouldn't look at the current ATH cause if you buy at the current $63k+ price, within the next five years you will certainly be at  a good profit that could be a source of motivation that will propel you to hold even further.

Corrections in your statements: We have not reached a new all-time high yet and the prices didn't peak.
And, we can't call someone a fool just for investing late, maybe they joined the market recently and were never a part of it when the prices were lower. You can say that someone isn't a good investor if they were around when the prices were lower and didn't invest and then invest when the prices are very high.

Talking about a correction in the market, it has to happen someday, we can't say when, but as we know, something that goes up has to come down. So, if the prices are going up, they are going to come down eventually, but we know that a bull run is going to come as well, and it hasn't yet.

1. This is Bitcoin we are talking about here, there is none other like it.

2. You don't lose money until you sell your bitcoin.

3. This is why DCA method is unbeatable, there won't be need to feel like you are buying at a higher price.

The part that many new investors are missing is there is no loss with bitcoin until you sell yours at a lower price than you buy, this is why buying bitcoin with the money you don't need instantly is the best, I am still buying bitcoin, I still do few hours ago, and moreover, go back and watch the ATH of every bull run, it's always a new number.

And right now we haven't even break the ATH of 69k yet, those who buy now are doing it right, there is nothing wrong buying now, they will still make money when Bitcoin makes a new all time high, and correction is possible as well, but they will win later after the correction is over, all they able to do is hold and have patience.

And I consider that stupidity more appropriate for those who only talk about Bitcoin but don't buy or own it. Buying at ATH is much better than not buying at all, and as long as it is aimed at the long term I think it is fine.
You have to look at the trail of Bitcoin's journey, after a new ATH occurs, a new ATH will occur again. So never be afraid or feel at a loss to invest in Bitcoin as long as your goal is long term because you will profit if a new ATH occurs. And what you have to know is that Bitcoin is the best choice for the long term whatever the price of Bitcoin, when you buy it when you are in a position to have money, rather than waiting and having your money wasted, that is much stupider.
And when you buy at ATH and suddenly the price of Bitcoin drops drastically, you should be happy and calm. Since this is the best moment for you to accumulate more Bitcoins and hold them for the long term, wait patiently for the new ATH because it will definitely happen.

The potential for correction does exist, but we cannot say that people who invest in Bitcoin during the ATH are fools because there is a possibility that the Bitcoin price will continue to rise, especially since the halving has not yet occurred. If the price of bitcoin reaches $100k, then that will make them lucky investors. However, if a correction occurs, they just need to wait until the bitcoin price reaches its new ATH again. However, many people are optimistic that bitcoin could have a very high price this year

I was thinking along the same lines. In fact, there is an investment strategy that involves buying right when the all-time high (ATH) is broken, because it is very rare for the price to go down after an asset reaches a high. The most common thing is for the fear of missing out (FOMO) to kick in and the price to keep going up. However, there are other things to consider here, and the difference between a gambler and an investor is the difference between someone who buys out of FOMO right now and someone who does so taking into account other variables (macroeconomic environment, price trend for months, proximity to halving, etc.).

I think I see some sense in the caption of the post after giving it a second thought. Even though we might want to say that there is no wrong time to invest in Bitcoin, I think waiting for the bull market to start, just like we have now, before investing is what I consider inappropriate and shows a show of lack of trust in Bitcoin and fear on the side of the investor. Bitcoin gave a lot of good entry opportunities for those who have faith and trust in Bitcoin and many people used that opportunity very well. The people that should be actively buying now should be those who are following a continuous process like the DCA that does not consider the price.

Like many people rightly said, highly prices are likely going to happen because the market is showing so much willingness to do so, besides, we still have coming good fundamental that should be enough to cause such rise. So buying even now is not a bad idea.

Everyone has different decisions in investing because if the decision is the same then when the price of bitcoin experiences a significant increase no one will want to buy. In fact, perhaps the price will not be too high when there are no investors selling or buying bitcoin because the law of supply and demand does not apply.

Most people fail to understand the four-year cycle so they think accumulating at a slightly higher price is a bad decision. But the point of view is different from the big investors and they will continue to accumulate purchases even though the price is already at half the expected halving. This is nothing more than an opportunity that is had and I believe investments should be utilized to generate profits and if people do not have large amounts of capital then they should look at basic opportunities before the four year process runs its course.

We can hardly take you seriously since this is your only forum post and you did not even follow-up in the thread.

And, maybe you don't even know what is bitcoin or what would be the context for anyone currently buying bitcoin.  You surely have not provided much if any context for your question.

There are some kinds of people who are foolish no matter what they do, because they make rash decisions, yet we should not presume someone to be foolish now merely if he is just getting started in bitcoin.

In regards to bitcoin prices, the only way to prepare for BTC prices to go up is to buy some bitcoin, and if are interested in bitcoin and you don't buy any bitcoin, then you are ONLY preparing for down, so if the prices do not go down, then you are not prepared for what ends up happening.

Surely we could look at previous periods in which BTC prices had reached an all time high and then there was an extended period of time of correction and then the BTC price revisited the previous ATH, and frequently in those cases the BTC price moved through the previous ATH and continued to go up.  Of course, past BTC price performance does not guarantee future results, but anyone who might want to prepare for the BTC price to go up, might want to get some bitcoin in case the price does not come back down.

There are also ways to prepare for up and down at the same time, which would be to buy some BTC right now, and then have some money in reserves in case the BTC price drops from here, which could be supplementing the buy through DCA and/or buying on dips.. and in that kind of case the BTC buyer would be prepared for both up and/or down, which tends to be a better practice.  Prepare for either price direction rather than just preparing for only one price direction.

By the way maybe we could go back to early 2013.  The previous ATH had been $32, and in early 2013, the BTC price passed through $32 and then went up to $263, and then corrected back down to around $70 in mid 2013 but then resumed past the $263 ATH in late 2013 to reach $1,163 before correcting back down to $158 but then largely settling in the mid $200s in late 2014 and through much of $215... so then in early 2017, the BTC price went back through the $1,163 ATH and went to $19,666 in late 2017... and ended up correcting back down to $3,124 in 2018 and had another correction to $3,850 in March 2020, but then when it went back through the $19,666 ATH in late 2020, it went up to $64k in early 2021 and $69k in late 2021, before correcting back down to $15,479 in late 2022  and mostly gravitating back up to our current prices,

and so it seems that we may well be passing through a previous ATH again.. yet of course, there are no guarantees, so each of us has to figure out what we are going to do, and you are in more of a pickle if you either don't have any BTC or if you consider yourself a low coiner... and so if you are in either of those categories, it is probably better to buy rather than waiting around for price dips that may or may not end up happening.


I would suggest that by definition when it comes to bitcoin, a person is probably not investing unless s/he has at least a 4 year time horizon.  If their time horizon is less than 4 years, then more likely s/he is either trading/gambling rather than investing.  So investors in bitcoin should have a 4-10 year or longer time horizon for their investment, otherwise they should probably call what they are doing trading and/or gambling rather than investing..

You could probably say that to some of the investors who are just investing because of the FOMO or just wanted to earn profit and ride the increasing market price thinking that they are going to make a huge amount of money if they invest right now, I mean it's not really wise, there are some traders that don't really want to invest and only start right now because they see that the market price of Bitcoin is just increasing to the moon, they easily get FOMO by the increasing price. Because for sure it is not a good time to buy Bitcoin right now Bitcoin because they're for sure going to be a correction in the coming months, the best time to buy for sure is when there is still no hype in the market like when the market price is around 15k%.

Still, if you are investing in long-term investment there is no case that you could still buy Bitcoin even right now, I am still accumulating Bitcoin and continue to buy even at the peak, but I do some adjustments to lower my buying power and decreasing the volume of my buy every week. But mostly if you already established your investment I would start selling a small percentage of my Bitcoin, Mostly I do a small percentage as well every time it reaches 40k,50k,60 something like that.

It is for sure depends on their strategy on how they are going to make a profit in the market right now, but I wouldn't call them fools the thing here is investing right now is a much riskier thing than doing that when there was no hype, so you just need to be more careful and have a exit strategy but you could still make a profit.

Not everyone who invests in Bitcoin is pursuing short-term profits, there are some who want to invest in the long term, for example for the next 5 years or more. It's possible that they estimate that Bitcoin could reach $100K, so they dare to invest at the current price. So when they buy Bitcoin at the current ATH, they are not chasing short-term profits, as most other investors do, but they want to make profits in the next few years.

It depends on the aspect first, because if the investment is like Saylor's then I think he understands the context of each decision much better and doesn't have a quick sales target. You probably know that Saylor's purchasing activities always don't think about price because he doesn't worry about what he spends. As for retailers who are just fomo and don't have a plan, I agree but that doesn't mean they're stupid, maybe it's just their momentum choices that aren't considered more carefully. This means that if buy during a bullrun, you will have to wait for a rise above the current price, which can take a while. However if the target is $100K, you don't need to worry as long as you can become a strong holder.

I don't understand what you mean by investor investing in ATH are fools? How do you know they are investing in ATH because ATH is just an all time high meaning the last time the price of a coin was at the pick. It is difficult to know wether you have just invested in ATH. But the best way of achieving a good investment is by buying on DCA or DIP and HODL or lump sum and nothing more than that so ATH is just the short form of all time high and there is nothing like investing on ATH. People that invest on ATH didnt know that it was it, until the price fell and never regain, before they could know the difference.

Do you know how high Bitcoin prices can go and can you guarantee it?  Bitcoin's first ever biggest ATH was $20k and then Bitcoin price didn't rise to 68k? investing in Bitcoin is risky but long-term investment here can be expected to bring benefits.  So investing after ATH will yield good results if you can invest it for long term. But yes, to invest in cryptocurrency you must accept risk. You cannot invest risk free in any crypto including bitcoin

Then how you do able to make yourself do able to know that this is already the peak? Of course we are now nearly breaking its ATH yes ATH but arent we that pretty aware that we are on another cycle now?

For those who had been able to bought wayback into those last cycle and still holding up to this moment then they are really that making some breakeven with their investment.Its whether they would really be
holding even further or would really be taking profits and pull out and wait for some correction? Well, this would really be that actually depending or basing upon someones preference and investment decisions
on which we know that each one of us does have their own approach and ways on how to handle our investment.

Once you do have that experience then for sure it would be just that normal that you would be having thoughts that corrections are inevitable. What comes up do goes down and this is
always that basic principle of whatever market that you are dealing with.

Let's ask the important question: Who are the investors in Bitcoin as it nears its all-time high? These are the missteps individuals make, leading to regretful remarks on social media when their anticipated 10x return on investment fails to materialize. Furthermore, seasoned investors may hesitate to enter the market at this point, compounded by the prevalence of deceptive news.

You hear so much of this and of that there is no telling what the price will be. Nobody has a crystal ball, although I wish we did! I want to keep HODLing but I keep thinking of the last bull run and how I didn't cash in and then it plummited. And i'm still holding. I still WANT to hold on! We are SO CLOSE to a new ATH!!! I wonder how long it will hover there before a retracement, my guess is that it won't be there for long!!!

How could you tell that the price has already reached the highest that it could?
I believe that it would continue to fly higher, halving is near and more investor would surely come in.
We couldn't tell how high it would go or if it already reached the peaked because of the halving.
I know I am not the only one who thinks about it this way, and more of us believe that the halving would drive it even more higher than what it already reached in the past.

Never call people fool just because we don't like their decision made but instead maybe if you know something that you think good then its better to give them advise so they would be aware on the decision they wanna do.

But also I think the current state is different since we are far to end up this year also halving didn't take effect so I also believe that there's nothing wrong to accumulate now since for sure that we can see more and bitcoin has been speculated to reach up to 6 digits for this year. Although they may be a correction to happen but as long as the hype is strong towards this season then I assume that everything is alright there.