Quote from: AVE5 on March 22, 2024, 04:08:45 PM

Quote from: dimonstration on March 04, 2024, 02:19:44 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.

This is not the ATH for the current cycle. All long term crypto holders and traders know that there’s always a new ATH for every crypto cycle that usually x2 of the previous ATH. I think those investors that buying at the current price is thinking a larger price target for new ATH since it’s proven many times since Bitcoin start trading more than a decade ago.

Buying Bitcoin at any price is never a dumb choice since its price keeps growing or recovering whenever it’s dump. It’s either you will left behind when price pump hard more or you will just end up holding Bitcoin if the price correct and hold it until it recovers.

You're right on point @dimonstration, investors buying bitcoin at a higher price when the market hasn't spiked at its ATH are Investors who has expected more increase in the market probably hoping to make interest at the upcoming bull run at the seasonal circle. So they're of no fools but investors so also understands the logic in the market trends.

But still, among them there are those who succumbed to the trend and, without delving into the work of the market, bought without thinking. If they did not sell now but wait for new price ranges, then there will be no problems. Since anyone can open the chart and make sure that long-term investors will always be in profit.