Quote from: peter0425 on Today at 04:55:17 AM

Quote from: Frankolala on March 04, 2024, 01:49:44 PM

Quote from: owenle on March 04, 2024, 01:39:58 PM

Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.

As long as you are not investing because of FOMO or for short term profit. If you intend to have a long term bitcoin investment for 4-6yrs and above, then the price that you are buying shouldn't be a problem. This is why we have the DCA method of accumulating bitcoin, which gives us the advantage to buy bitcoin irrespective of the price.

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.

Quote from: Frankolala on March 04, 2024, 01:49:44 PM

Buying regularly using DCA helps you to balance the average price of bitcoin in your bitcoin investment, because if you are consistent, and persistent in it, after buying at the bull run, you will still buy during the bottom line of the next bear market, and so on. By next circle bull run, you will have some profits. Don't allow the price of bitcoin to discourage you and keep on waiting, because that is the worst of it.

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.

Hey peter0425. I thought that you had told me that you learned your lesson in regards to your past pissing around with trying to scalp prior to reaching some decent BTC accumulation amounts?

In other words, those scalping ideas tend to be a slippery slope and might not be a good idea until you get to a state of overaccumulation of BTC... and yeah at the same time, every guy has to make his own choices in regards to either whether to continue to accumulate or to start to piss around with scalping prior to such a time of reaching overaccumulation of BTC.

Quote from: SickDayIn on Today at 08:56:56 AM

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.

You are inaccurate if you are proclaiming that BTC prices are going up merely because fiat value is debasing (and/or inflation of prices). Sure, there is some of that going on, but the debasement of fiat is not the ONLY factor that explains BTC price appreciation.. .. so hopefully you are not allowing such simplified (yet not completely false) talking points dissuade you from making sure that you sufficiently/adequately allocate to bitcoin to the best of your abilities.

And by the way, there are a lot of reasons why BTC prices are going up faster than the debasement of the dollar(fiat), including but not limited to sound money ideas, but also in terms of exponential s-curve adoption kinds of ideas that also tie into the seven network effects as outlined by Trace Mayer.