Post
Topic
Board Bitcoin Discussion
Re: Are investors investing in Bitcoin at ATH now are fools ?
by
peter0425
on 02/04/2024, 04:55:17 UTC
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.


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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.