As I told you, invest in low cost index funds and stay away from pump and dump schemes like bitcoin. There's no big secret to building wealth, it just takes patience and some hard work... ie, opposite of the dreams of every get rich quick bitcoin simpleton.
curious to know would you still promote low cost index funds and stay away from pump and dump schemes like bitcoin if bitcoin was at a new ath or even as of the last ath.
just curious to know
My opinion would change if there was a valid use case scenario developed for bitcoin, other than drugs or online gambling. Since none are emerging, any market movements we see from this point out are just moments of irrational exuberance by bit-tards and small pauses on the way down to zero. So no, there will be no further ATH. We're essentially a large pump and dump scheme at this point, so avoid any false hopes.
If you must invest any, I wouldn't put any more in than I'd spend at the casino in one night, because odds are you will lose all or most of it. The way things are moving now, you'd be lucky if there is still a legitimate exchange around next year that will cash out your bitcoin for you. Until 2013 , there was at least positive momentum behind bitcoin so you could kind of make a case for investment. Merchant adoption was just beginning, etc. But now it's clear that consumers aren't interested, and recent hacks and the 80% drop in value shows what a terrible store of value it is.
So essentially, it's useless unless some miracle application arises (and there are no signs at all that this will happen so investing now is no better than a degenerate form of gambling).