I agree with your view @leonair that big investors and realize that bitcoin has great potential, maybe they are ignorant and do not pay attention to the conditions where the new ath has occurred, because they invest long term for a dozen years maybe more, and what is clear is that bitcoin is very unique where in the past he was considered an ordinary coin and in fact now bitcoin is being hunted by investors who are aware of its potential.
what about you now, have you started to accumulate bitcoin ownership?
In fact, it would be great if you could hold on to Bitcoin for up to a dozen years. but it still depends on the age of the owner. and it is impossible for someone who is 40-50 years old to continue accumulating bitcoin for a dozen years. If you are still young, maybe you can have a peaceful old age. but the fastest in my opinion is only 4 years, then think about what happens in the future. continue to continue or sell it little by little to enjoy a fulfilling life.
It's not so big that I accumulate only a small portion, if possible I install it and collect in several wallets.
That means I collect it now and sell it in the coming year. So I don't mean that I collect continuously but collect for a year and wait a few years later.
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.
No one knows at what price ATH will happen so people who love Bitcoin are always interested in buying Bitcoin. But in this case, panic buyers and panic sellers make decisions very quickly due to which they face huge losses. 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 agree with your view @leonair that big investors and realize that bitcoin has great potential, maybe they are ignorant and do not pay attention to the conditions where the new ath has occurred, because they invest long term for a dozen years maybe more, and what is clear is that bitcoin is very unique where in the past he was considered an ordinary coin and in fact now bitcoin is being hunted by investors who are aware of its potential.
Yes ATH is not permanent it is only a high price till present time so in future bitcoin price may be many times more than that so real holders never think about ATH. The supply of Bitcoin is limited but the demand is unlimited because so far not everyone has started using Bitcoin worldwide yet the price of Bitcoin is high and when Bitcoin starts to be used by most people worldwide then the price of Bitcoin will be higher. So holding only for long term is always a good decision
I agree with that view @leonair. Holding BTC for the long term could be a good decision, especially due to its finite nature and the potential for future growth in value with the continuous increase in global adoption, perhaps it could also be one way to build long-term wealth and will come in handy at that time.