Topic: Who were the morons that bought 60k bitcoin? (Read 707 times)
wow popular lol
Those buying Bitcoin at the highs are rarely considered morons for long. You have to remember that people like you were calling them morons for buying Bitcoin at $30, $1,100, $20,000, and now, $60,000… Makes you wonder who the next morons will be and at what price they’ll be called morons for buying…
Just trying to give you some perspective.
Exactly, and it just shows that bitcoin should be look at long term specially if by chance you have bought them on top like in the example of the OP @60k. Maybe in the next 4 years we might see the price going into 6 digits. And then going back, how you can you call them moron when they have invested and make profits just by HODLing? Just trying to give you some perspective.
And we all know that the market works in cycle, maybe today we are in a bearish trend, and then in the next months or years, your investment will grow 1000%.
In just 3 years you could have made over twenty times of your money! However what people do not realize is that if you bought at peak price of 20k, you would still make 2x now or 3x at the peak point, that is still a huge amount, we are talking about yearly big gains if you could have just waited. So at the bottom price or at the peak price in any case you would be profiting a lot if you could have waited. This is why I never sell because it is going down, I did had periods when I sold to buy stuff but I never sell for trading, I know that as long as I hold, I will be in profit.
Those buying Bitcoin at the highs are rarely considered morons for long. You have to remember that people like you were calling them morons for buying Bitcoin at $30, $1,100, $20,000, and now, $60,000… Makes you wonder who the next morons will be and at what price they’ll be called morons for buying…
Just trying to give you some perspective.
Just trying to give you some perspective.
Exactly, and it just shows that bitcoin should be look at long term specially if by chance you have bought them on top like in the example of the OP @60k. Maybe in the next 4 years we might see the price going into 6 digits. And then going back, how you can you call them moron when they have invested and make profits just by HODLing?
And we all know that the market works in cycle, maybe today we are in a bearish trend, and then in the next months or years, your investment will grow 1000%.
Those buying Bitcoin at the highs are rarely considered morons for long. You have to remember that people like you were calling them morons for buying Bitcoin at $30, $1,100, $20,000, and now, $60,000… Makes you wonder who the next morons will be and at what price they’ll be called morons for buying…
Just trying to give you some perspective.
Just trying to give you some perspective.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
I am not understanding in what context you're asking this question. A hodler will not sell at 60k$ like he didn't sell it in the previous Bull runs but a FUD seller would have sold when BTC crossed the previous ATH. There are many who just bought and bought, they know that the real value will be much more than what it is right now.
Those people arent called morons but rather believers but somehow there are people who do really get caught on the FOMO on where the price is on the possible peak but as long you do aim for long term then there would be no specific price point on where you do decide to buy and as long you do accumulate then it wouldnt matter much.Its just a matter on someones target and aims towards their bitcoin investment.
We can't judge them to be morons, because we don't know the future. They may have bought at ATH this year, but who knows, if they will hold and just wait for few years, the price will be doubled or more? So don't talk as if that's the ultimate ATH of bitcoin. Because we never know what the future holds. And they may be the one who will end up laughing when the price goes up in the next coming years.
I agree with you that we don't know the future and people who bought at an all-time high shouldn't be called morons. In fact, my brother's friend bought Bitcoin at $18000 when everyone thought Bitcoin won't grow again after it fell from its all-time high. But you see how it went as high as $60k plus. Cryptocurrencies are the future and I believe that they will grow more and people who bought at this high will be in profit as well.Bitcoin is an asset that will continue to grow, and we will never know what will happen in the future. So think wisely, don't jump to conclusions quickly.
After all, history has proven that many people bought Bitcoin at ATH in 2017. If they can be patient, finally this year their patience paid off,
as did people who bought Bitcoin at $60k. Who said they were morons, because it is very likely that the price of Bitcoin could rise above $60k
in the future. The conclusion is that investing in Bitcoin will always be profitable as long as we patiently wait for the Bitcoin price to rise.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
Love to see this kind of thread in 2021, and then fast forward 2024 or 2028, we may all be laughing and yeah, we did learn our lessons, by not selling our bitcoin and keep on buying because of the great opportunity we have right now.
And for those who bought at $60k and didn't sell, congrats for holding and keep doing it for the next two halvings and then we can talk.
We can't judge them to be morons, because we don't know the future. They may have bought at ATH this year, but who knows, if they will hold and just wait for few years, the price will be doubled or more? So don't talk as if that's the ultimate ATH of bitcoin. Because we never know what the future holds. And they may be the one who will end up laughing when the price goes up in the next coming years.
I agree with you that we don't know the future and people who bought at an all-time high shouldn't be called morons. In fact, my brother's friend bought Bitcoin at $18000 when everyone thought Bitcoin won't grow again after it fell from its all-time high. But you see how it went as high as $60k plus. Cryptocurrencies are the future and I believe that they will grow more and people who bought at this high will be in profit as well.
You're setting the bar too low for morons OP, I mean it's not dumb to buy at 60k, the dumb move is to sell when the prices have gone down significantly already. Also OP, don't you think that it's a bit arrogant of you to call them morons because most people who call other people names are projecting themselves, you know what I mean?
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
Love to see this kind of thread in 2021, and then fast forward 2024 or 2028, we may all be laughing and yeah, we did learn our lessons, by not selling our bitcoin and keep on buying because of the great opportunity we have right now.
And for those who bought at $60k and didn't sell, congrats for holding and keep doing it for the next two halvings and then we can talk.
We can't judge them to be morons, because we don't know the future. They may have bought at ATH this year, but who knows, if they will hold and just wait for few years, the price will be doubled or more? So don't talk as if that's the ultimate ATH of bitcoin. Because we never know what the future holds. And they may be the one who will end up laughing when the price goes up in the next coming years.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
I am not understanding in what context you're asking this question. A hodler will not sell at 60k$ like he didn't sell it in the previous Bull runs but a FUD seller would have sold when BTC crossed the previous ATH. There are many who just bought and bought, they know that the real value will be much more than what it is right now.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
Who's the moron who bought $20k at ATH 2017?we all gotta learn our lessons
Is he moron because he already made a profit of $44k for the price of 1 btc in this year, they bought it as a long term asset to support btc because in my opinion it is very easy to reach $60k again.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
Those who have invested at $60k or not sold any coin at $40k and still holding for long term will call you moron at that time and you will realise what did you do.The people called themselves lucky in 2013 for selling at $3-$4 but now they call themselves foolish and same will be the case with you man.You will also say "Alive but dead" for selling at $60k ATH of 2021 when it will be $200k.Stay strong. we all gotta learn our lessons
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
Love to see this kind of thread in 2021, and then fast forward 2024 or 2028, we may all be laughing and yeah, we did learn our lessons, by not selling our bitcoin and keep on buying because of the great opportunity we have right now.
And for those who bought at $60k and didn't sell, congrats for holding and keep doing it for the next two halvings and then we can talk.
~
people who don't have insight and education are like that, even though there is no problem buying bitcoins above $50k, because this is an asset not gambling!, it's very sad that the OP gave bad statements about people who bought over $50k,
I hope he can realize and admit his mistakes in this thread
to be a fool just because they do bought on 50-60k? We can call them believers and is he really sure that they are buying into
those levels or price without knowing the risk of correction or price decrease?
He dont on whats up on peoples mind before he do make out some purchase because some will really going for long term but of course there
are ones who had been caught down by FOMO which is a bit common but its not that appealing to rant and calling someone a fool
just because they had been caught on correction.
~
people who don't have insight and education are like that, even though there is no problem buying bitcoins above $50k, because this is an asset not gambling!, it's very sad that the OP gave bad statements about people who bought over $50k,
I hope he can realize and admit his mistakes in this thread
I just do not care if they bought here or there or any price and if they hold or sold or whatever. I just think that people are making out those who bought at 60k as "morons" for nothing, it is really a horrible thing to do and it is indecent. You should not care where people bought, because no matter what ATH is, there is more to be made in the future.
When we broke over 20k people still bought and that is how we became 30k, when we were 30k people still bought and that is how we became 40k, when it was 40k people bought and we became 50k which means you have to buy at 60k so we can be 70k and that is what people were doing and I do not think that it was a bad move, sure we dropped and when we look at it right now you will think that it is a bad move but the reality is that at the moment that was a good thing to do because bitcoin was in a bull run.
When we broke over 20k people still bought and that is how we became 30k, when we were 30k people still bought and that is how we became 40k, when it was 40k people bought and we became 50k which means you have to buy at 60k so we can be 70k and that is what people were doing and I do not think that it was a bad move, sure we dropped and when we look at it right now you will think that it is a bad move but the reality is that at the moment that was a good thing to do because bitcoin was in a bull run.
They are morons little girl lol All you 20k idiots forget BTC hit 3.5k later that year. MORONS lolololololol
but, that kind of being a douche calling people moron out of the blue, in effort of gaining more money there's always something to risk and mistakenly buying btc at high price because getting fomoed is what some people did, after all most of them are newbie
but doesn't necessarily means they are moron, if on they way of price getting dumped they can scalp, nothing wrong with that. you can recover your money back at many ways.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
We have different evaluation or analization of the bitcoin price. So we can't blame if there are people who buy bitcoin in high price and there are also people who sells in a low price they have thier own prediction and we all know that we dont know what is the future price of crypto so buying or selling is not the issue the issue is that the profit or the posible loss of acting like an amature this is crypto and everything is posible. we all gotta learn our lessons
I believe they're not morons but true hodlers who've got the hunger it takes to be one, which you aren't for sure @OP. Stop acting like you know the future, and don't cry later calling yourself a moron after some time when you see BTC double the price you're claiming those ^morons^ to have bought at. You don't understand OP, firstly it was our game. Now, you're just a small part of the game (not even an ant if we consider your buying size against institutions). You get my point, eh? 
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
we all gotta learn our lessons
Yeah we do and it is called weekly dca and a descending buy ladder
Along with a 20% above ATH ascending sell ladder
Ie
you have 1 coin in hodl mode off line
you buy $50 a week in BTC price has zero meaning = weekly dca
buy ladder set at all 50 USD buys
31031
30030
29029
28028
27027
26026
25025
24024
23023
22022
21021
sell ladder at
76076k
77077k
78078k
79079k
80080k
81081k
82082k
83083k
84084k
85085k
so around 5000 in buys setup
and 5000 in sales setup which may not happen for months or even years.
and a steady 50 dollar a week dca
which means you did buy at 60k+ and you don't give a fuck because you bought at lower numbers many many many times.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
Once the things have cleard up, it's easy to say who was dumb enough to buy bitcoin at 60K, right? But you wouldn't say that if Elon's tweet and China's ban didn't happen at the same time and the rise would continue. we all gotta learn our lessons
If you are such a talented in predictions, you could sell your house and do short on futures tranding when the price of bitcoin was 60K, easy gains for you. Did you do that? No? People were calling stupids those who bought bitcoins at 20K, isn't it right? And those people were buying bitcoin at 40K and higher.
Bitcoin is a long term investment, you can't make profits overnight and it's not right to be hilarious against others, especially when your speech has zero value.
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