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 should be underlined, no one knew that the rising Bitcoin price this year would be an ATH and that Bitcoin would fall soon after. Investors are investing in Bitcoin today because they believe it can offer significant returns and as a hedge against economic instability. They have predicted Bitcoin has a bright future, taking advantage of the current market moment can provide big profits in the future even if investing a small amount.
Investors believe Bitcoin is a safe store of value compared to fiat currencies such as the dollar, they try to anticipate the future when the dollar starts to weaken. Bitcoin always plays an important role in financial resilience when the economy is turbulent, Investors' trust in Bitcoin will enable them to achieve multiple profits in the future.
If you think investors have done something stupid by investing now, in my opinion, they don't want to make the mistake of not buying Bitcoin when they had the opportunity.
I think today many investors think intelligently about Bitcoin, whatever the price when they buy Bitcoin, because they trust it and already know it after doing research and assessing its footprint. That Bitcoin has the potential to benefit them greatly as a good investment in the long term due to its limited supply, and its decentralized nature, as well as its ever-increasing mainstream acceptance.
And they don't want to miss or lose a second chance to get good things about Bitcoin and they will do it when they have the money and keep it for the long term whatever the price. Because they believe that Bitcoin in the long term will still provide good profits for them even though declines always occur.
And stupidity only lies in those who delay buying Bitcoin, and will regret it when the price has gone up.