Re: Are investors investing in Bitcoin at ATH now are fools ?

Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.

I understand what you are asking, clearly every investment decision will definitely involve risk, for Bitcoin prices can go up or down dramatically. However, it can all be anticipated with some other people's experiences that we can follow or roughly speaking (cheating).
Usually a major correction will occur after reaching the ATH, but Bitcoin and crypto markets are also known for their high volatility. Especially for those who FOMO is very stupid because they don't understand the habitability of a market and get stuck in a situation where they can't afford to sell it back because the price is plunging down and it takes a long time to wait for it to stabilize again.

The fool continues to think that Bitcoin will correct deeply and wait for it to buy it, while in reality Bitcoin continues to increase and even continues to print the latest ATH. If we talk about investors, of course an investor will not keep assets for a short time like traders. investors have a long view, so investors who wait for a deep price correction are the fools. Also take advantage of FOMO from retail or traders who don't understand Bitcoin and still think Bitcoin is the same as other shitcoins.

As Bitcoin is a strong digital asset, it is wisest to invest in it long-term regardless of its price. there are HUGE investors who are now investing heavily in Bitcoin even though the price of Bitcoin has pumped up and hit a new ATH.

I can not stress this enough because you might even lose more if you just invest in short term instead of investing for the long term. Considering the amount of bitcoin you bought and the transaction fees, you need to make sure that your transaction is worth it. If you are just going to keep taking it out then you might be losing more.

Of course traders are a different conversation all together but if you are not one then it is much more advisable to invest in bitcoin and hold it for a long time.