Quote from: Kelward on Today at 02:40:50 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.

It's not foolishness to keep accumulating Bitcoin now, it has surpassed it's previous ATH before the coming halving, and the bull run is just getting started, so buying Bitcoin now before it reaches the peak of a new ATH is a good investment plan. My prediction is that Bitcoin will reach $150k in the peak of bull run, that will be nearly double of it's current price now, so if any investor is hodling for the long term, then I believe that they should still go ahead and buy, and that'll be a smart move as far as I'm concerned. Currently Bitcoin price has slightly dipped, and it's a good sign to buy now before the halving, when price will start to surge again.

Continuing to collect Bitcoin, of course this will give us bigger profits when it reaches a new ATH peak. To be able to make a profit, of course we have to be able to hold it for a long period of time and now there has been a price correction which gives us the opportunity to be able to collect more according to Bitcoin. with the capabilities that we have, so we get the opportunity to collect at a lower price than before and this will provide profits when we can hold it for a long period of time, but for those who panic about this price correction of course they will sell the Bitcoin they have in state of loss.