Topic: Are investors investing in Bitcoin at ATH now are fools ? - page 2. (Read 2586 times)

They maybe at trading perspective if they think that those people who buy at ATH is fool since if we are for short term trading then maybe we can say that it is since its maybe hard to earn a profit with that since the price may go to a correction process and they lose their bought bitcoins especially if they can't handle the stress of dumping market.

But if they are for long time hold whatever figures they could able to buy then its fine since the target is for long term that's why we can expect that nothing will happen to us whatever market situation will occur. Since we have target set and we can able  ignore anything happens in the market since what we are trying to do is to accumulate more and increase our holdings. Many maybe afraid to do this but since we are in bitcoin the chances to get a good pumps in future is really possible. We see how bitcoin perform for over the years.

Even falling knife is manageable to catch or even as easy when we are talking about
expertise same as how experts in Bitcoin can give prediction , it may not that accurate
but at least closer to what will come to us .
and guessing game? well we must not call this a game but instead a challenge.

I can not stress this enough because you might even lose more if you just invest in short term instead of investing for the long term. Considering the amount of bitcoin you bought and the transaction fees, you need to make sure that your transaction is worth it. If you are just going to keep taking it out then you might be losing more.

Of course traders are a different conversation all together but if you are not one then it is much more advisable to invest in bitcoin and hold it for a long time.

It's only the all-time high so far, but also, comparing your Bitcoin to fiat is an issue within itself. Bitcoin going up in fiat price is not an indication of the value of Bitcoin increasing, but it is an indication that the value of fiat is diminishing in our world as we know it. There are so many periods in the past 10 years where I have told myself not to invest because it was an ATH at that point, and how I regret each and every moment.

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.

if you are a small time investor then you must take space investing in this hyping market because what can you get when you put money in something that you cannot afford to hold longer.
bitcoin is not for easy money thing of investing and that is the truth around here.


well either DCA or scalping as long as you are not greedy then yeah you can apply those strategy to take small profit each time.

I do understand that there is a bit of start up costs for anyone who is entering into some kind of a new activity, and surely people who have never invested into anything may well have certain psychological obstacles because they don't know about how to do something that is within their own good.. and so just getting started can take a while, and surely they don't even have to invest a lot or even make any kind of large investments in order to engage in a little bit of preparation for  UP and/or down but just to get a tiny bit of stake with an amount of money that might not even be that important to them in the event that maybe they are starting out with something like $10... and surely $10 is not going to make any difference in their lives either way. . so sometimes there may well be some needs to engage in a bit of due diligence and studying to be able to get themselves to a psychological position to take a bit of a less whimpy stance (stake) in a kind of investing/savings practice.


Yep.. just get started is the main thing..

And, too many people try to be too smart for their own good, especially when the entry position is not as important as many folks imagine it to be, and perhaps there is a bit of brainwashing and/or group psychosis when there are some of these commonly held beliefs that are not even logically (and probably factually also) correct.

so in that regard, there is a kind of false expectation and/or hope that there is a need to be profitable right from the start, or to maximize the chances of starting out profitable blah blah blah.


For start, there could be some advantage in having some various kinds of funds, but probably for start there would be a preference to attempt to keep the matter as simple as possible.... with something like a clearly manageable amount and then working on some of the details in regards to getting their financial matters in order, since there are so many folks who are not used to being somewhat organized in their finances because they are not needing to b organized in their finances since they are likely not engaging in any kind of investing (especially in any kind of asset that is inevitably going to be volatile).


Your idea of a need for "in-depth" analysis prior to investing in bitcoin seems to no9t ONLY be erroneous, but likely leading no coiners and low coiners to feel some kind of need to figure shit out prior to investing, which truly is not the case when it come to bitcoin.  When it comes to bitcoin there are a lot of things that are quite complicated and potentially stop someone from investing if they were to conclude that they have to understand bitcoin with some kind of depth - when most likely all they need to get started is some kind of a hook of an investment thesis, and they can figure out the details as they go.. and maybe start out with some small amount, such as $10 while they are looking further into whatever levels of details they feel that they need to understand.

Now as far as figuring out their own financial and psychological matters, that may well be another story, since the various aspects regarding a persons own financial and psychological details are likely more knowable and within abilities to figure out, yet they still don't need to figure them all out prior to investing into bitcoin, just like their view of bitcoin compared to other assets is only one of 9 individual factors to consider when investing into bitcoin while they don't have to be figured out in detail prior to getting started.


This part kind of seems correct, yet I am not sure exactly what you mean by "the next halvening" since we have a halvening coming up in about 3 weeks, so are you suggesting that someone invests into bitcoin for 3 weeks ONLY? or are you referring to the next halvening being 4 years from now?  

I would agree that having a 4-year investment timeline would be a good idea, yet if you were merely referring to this upcoming halvening as an investment timeline, then that would more likely be trading and/or gambling rather than investing.

if big investors are willing to buy bitcoin even though the price is rising, why are they still hesitant to buy bitcoin for the future?
Before buying Bitcoin assets, the investor must still carry out in-depth analysis. not because you have money and then just buy it without any further analysis.
that alone is enough for us to buy bitcoin whatever the current price. especially for me who can only buy no more than $100 in bitcoin every month. Just buy and wait until the next halving, then see how your portfolio grows.

exactly, waiting for the dip as a low coiner or no coiner shows that one is not ready to invest or to start his bitcoin accumulation journey. Where most people do get it wrong , is having the urge to always buy the dip (which may not happen before price surging). And may lead to one missing out big time , so to avoid such start accumulating more bitcoin now. And DCA strategy as made it easy for most of us to accumulate at any price interval either when the price is low or high. And is also advisable for one to have some funds set aside fqs reserved funds to buy the dip if there's any .

Figuring out BTC's price direction is not as difficult as you are making it out to be, and one of the most important things for anyone who is either a low coiner or a no coiner is to get enough coins to prepare for up, and if you fit into one of those categories of no coiner or low coiner, then by definition you are not sufficiently/adequately prepared for Up.. and the only real meaningful way to prepare for up is by buying more BTC.  You go not prepare for UP by preparing for down that may or may not end up happening.

Hopefully you mahaveer96 have sufficiently/adequately prepared yourself for up - yet I have my doubts since you don't even seem to know how to properly frame the issues of where we are at, how we got here and where we might be going.

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.

Yeah, there's always that possibility of a big drop, especially when prices have been shooting up like crazy. But trying to pinpoint when it'll happen is like playing a guessing game. It's like trying to catch a falling knife.

Holy fucking shit, Casdinyard.

I was about to send you an smerit since I was thinking that you were making some really good points, and then you start spouting off about some nonsensical, misleading and meaningless term such as "crypto," and it caused me to wonder if you even knew what the fuck you were talking about... You used it 4 times in two sentences, and 5 times within a paragraph that you did not even mention bitcoin in that second paragraph.

So then, yah, I had to go back through and read your post, and I see that you had used the word "bitcoin" so you do know the word, yet for some reason you seem to have it in your head that using the term "crypto" helps you to make more clearly whatever point you were intending to make?

No it does not help for you to be using dumbass, vague, meaningless and misleading terms like crypto without clarifying what you mean exactly and how it might relate to bitcoin.

If you had used the term "crypto" because you were trying to "go beyond bitcoin," and maybe you were wanting it to appear that you are more enlightened because the concepts that you are discussing are more than just bitcoin, then there might have had been a way to say that while still using the term bitcoin, and at least some of us would have recognized what you were talking about, even if we might have disagreed with such a point.

Hopefully you are teachable in terms of figuring out how to make sure that you are not parroting dumb, meaningless and misleading language merely because you hear some seemingly smart people using such a term.  There are quite a few folks using such sloppy, ambiguous and misleading language with the excuse that "everyone else is doing it," which surely is not a good excuse for parroting such.

Don't get me wrong, my comment is not intended to have anything to do with semantics and/or language police, since you are free to use whatever language that you like - yet you also may well end up getting pushback when you are using such vagaries and misleading language in connection with bitcoin when the term may well be a kind of attack vector upon bitcoin..

And, by the way, another thing that many of us likely recognize is that if we were involved in some kind of a legislative / regulatory process, we may well need to use such vague-ass language in our legal descriptions because we want the law and/or the regulation to be sufficiently broad enough to capture matters beyond just bitcoin - so there could be reasons for laws and/or regulations to employ that kind of broad language  - yet those kinds of rationales do not apply when we are talking in a thread like this about investing, saving and/or trading of bitcoin.

Bro, you guys are overthinking this ATH as if it's the end of the fucking world if you missed out on investing at a lower price point. We've been dancing this tango for a little less over a decade now and you know for a fact that 1, this isn't the end for bitcoin just yet, as we're still about to reach another ATH soon as the bull run finally commences (yes, I believe we're still far from the real bull run and this one's a pseudo-bull that is caused by the massive anticipation of the people for the upcoming Halving) and 2, we're yet to even reach the Halving period yet, why are we assuming things when the prerequisites haven't even been met yet?

Chill out on calling people dumbfucks just cause they played and invested in crypto a little later than everyone else, at the end of the day as long as you don't sell, or you sell strategically while keeping one foot at the door you're going to be safe from missing out and you'd be able to earn money, if that's what you're really worried about. I myself would watch this whole thing pan out first, and from there either strategically sell my crypto and buy in at a lower value for more profit, or just keep on buying more despite the high crypto price. What always matter at the end of the day isn't when you bought your crypto, it's always if you bought crypto in the first place.

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.

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.

OP asked about investors, and you responded by talking about traders.

Of course, everyone may well define investor and trader differently, yet I have personally come to an assessment that anyone coming into bitcoin with less than a 4 year timeline is coming into bitcoin with a trading mindset, so in order to be a bitcoin investor then there should be a plan to stay in for at least 4 years, and better yet to have a 4-10 year or more plan to stay in.

Another thing is that any of us can come into an investment like bitcoin with any mindset that they like and including a person could come into bitcoin with an investment timeline to plan on staying at least 4 years from any injection of capital that s/he makes, and at the same time, such person could end up changing their mind and choose to abandon the investment prior to 4 years.. .. .

So yeah, investors and traders do not seem to be the same thing, and surely there are some people who come into bitcoin and they are not really sure about their timeline.. and maybe they are not considering themselves as traders, but if they are not at least trying to plan out 4 years or longer, then I think by default I would still end up classifying them as a trader than an investment based on their failure to mentally commit to at least 4 years.


Let's say in the coming month or two or perhaps 3 months, a person has no bitcoin and the BTC price has gotten to be between $75k and $100k, then what is such person supposed to do? Wait for the BTC price to come down prior to buying?  What if the BTC price does not come down?

The same questions for $100k to $160k - perhaps those prices within 1 month to 6 months.  person has no coins?  wait?

The same questions for $160k to $240k - perhaps those prices within 3 months to 12 months.  person has no coins?  wait?

The same questions for $240k to $540k - perhaps those prices within 6 months to 18 months.  person has no coins?  wait?

I understand the higher the price, the more justification to wait, but if a person  has no coins, then is the answer still to wait? or not?

Maybe two more scenarios

The same questions for $540k to $1.25 million - perhaps those prices within 12 months to 24 months.  person has no coins?  wait?

The same questions for greater than $1.25 million - perhaps those prices within 12 months to 36 months.  person has no coins?  wait?

Bitcoin's prices is 65k$ which is still higher price so investment in Bitcoin now is not a foolish idea but if someone invest at 65k$ and then sell bitcoin due to emergency purposes or panic then such people will be termed as fool. Buying and selling both prices effects your profit so if you buy at higher price then at least plan a target at which it can give you profit.

I think buying before 75k$ is not a bad idea because prediction says that bitcoin price will soon rise to 100k$ so if someone buy at 75k$ then still he will be in profit so I think that investment in Bitcoin at any cost is not a foolish idea but if we are waiting more and more that price will reduces and then we will make investment then this is not an appreciated job.

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.

But still, among them there are those who succumbed to the trend and, without delving into the work of the market, bought without thinking. If they did not sell now but wait for new price ranges, then there will be no problems. Since anyone can open the chart and make sure that long-term investors will always be in profit.