Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
They are not complete fools, but they are experiencing FOMO, and believe that they should not miss out on the opportunity to invest in Bitcoin. Sometimes, it takes experience to learn what to do during the bull run. In case there is a significant correction due to a sudden spike in the price of Bitcoin, they can continue to hold their investment because the chances of the current price increasing further are high.
Sure , that procastinating in bitcoin investment is not always encouraging. When one procastinate , waiting for the dip without having any bitcoin in their portfolio. Whenever such increase in market takes place, it normally activate FOMO. Most time seeing the way Market as increase and how alot of people are talking about the nice profit they are in recently. Those that don't have any would want to invest at any course to be among the testifies. Which most time would lead time buying at the top . Though buying the dip is nice and helpful too, but still try and use some DCA strategies to coverup some space when waiting for the dip. And such methods would help in building some good portfolio for yourself.