Quote from: worldofcoins on Today at 04:05:47 PM

I think it's both.
People who are investing now because of FOMO rather than accumulating Bitcoins/Satoshis for a few years to cash in profits, then yes they might look like fools.

Looking like a fool, and actually being a fool seem to be two different things.

Another thing you mention is accumulating bitcoin for a few years so they can cash into profits, and sure I suppose that could be considered as investing, yet for bitcoin I have a hard time considering anyone who would be buying into bitcoin for periods that are less than a full cycle (which is 4 years) to be an investor rather than a short term trader.. which is not the same as investing, at least from my perspective.

Quote from: worldofcoins on Today at 04:05:47 PM

Who knows if more ETFs came and made them lucky they should have invested when we had a bearish market for crypto.

Fuck crypto. Who cares about shitcoins? This thread is about bitcoin. .so if you are into shitcoins, I would agree you are probably a fool, especially if you had not figured out bitcoin first and maybe limiting your exposure to shitcoins to less than 10% of your bitcoin stash.

Quote from: worldofcoins on Today at 04:05:47 PM

No because they may be day trading and have a good stop loss in case bitcoin goes south (which is unlikely to happen but we never know for sure what gonna happen in future, it's only predictable)

Having a stop loss also sounds like a trading mentality rather than an investing mentality. An investor might have a plan to buy more BTC if the price drops below his initial investment point rather than selling, and a lot of time the idea of investing also comes with the concept of commitment, which is where the expression of not investing more than you can lose.. so there may well be a commitment that comes with investment to ride the investment down to zero, unless there might be some strong evidence that broke the investment thesis, beyond merely the price going down..

Quote from: worldofcoins on Today at 04:05:47 PM

I also want to add people who don't day trade but get too much emotional about the price of bitcoin then it's not for them because they won't be able to live a stable life thinking about prices all day long.

If someone gets overly emotional, they probably had invested more than they can afford to lose and/or they did not have a plan for down, which should have had been either to hold through it or to buy more.

Quote from: bitterguy28 on Today at 04:07:00 PM

maybe.. but not because bitcoin will not increase in price but because they could have maximized their profits by waiting and buying bitcoin when the price is going down

How do you know that the BTC price is going to go down?

Quote from: bitterguy28 on Today at 04:07:00 PM

bitcoin will still increase in price for the next following months and its “peak” would be nothing compared to bitcoin’s price right after halving

How do you know that the price is going to go up?

Quote from: bitterguy28 on Today at 04:07:00 PM

it’s their money in the end so if they feel they can do and invest their money no matter how high the price is then good for them

That's no answer to anything... you are largely just saying "it's your money, do what you like" Roll Eyes