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Topic: Who were the morons that bought 60k bitcoin? - page 3. (Read 902 times)

sr. member
Activity: 1876
Merit: 259
real idiots buy Bitcoin for $60k and sell for $35k. basically I believe the potential of bitcoin can continue to exceed the ATH it makes, learned from the experience of 2017 only true holders will benefit and not for weak hands.
legendary
Activity: 2758
Merit: 1228
Unless they sell it, they will probably be a moron but if they are still hodling even though they are at a 50% loss, I don't think that it's right to call them morons plus they probably have cut their losses before the price really did go down to 30k and simply just bought back.
I agree to this no matter what price some people buy it doesn't mean that their moron/idiot or anything else they are just investing too like most of us.
Just because you bought at a low price doesn't mean your a great trader it depends on how you would handle the situation.
Plus it is not their fault that they have bought at 60k, that was the price at that time and if you don't have any bitcoin, getting as early as possible is the best thing to do because you don't know if it will be the last the price will go that point because the prices have gone higher than ever.

That's why we cannot call them moron because we have different entry points so we cannot really avoid losses since we cannot predict the market. Although its really bad to lose our money but this is part of learnings especy if the person who bought at the peak is new comer this will truly serve a lesson that next time they maybe careful on when to buy and how risky holding bitcoin is especially if bitcoin is at the peak.
legendary
Activity: 2576
Merit: 1043
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I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley
Calling them morons is wrong at least for me. Call them newbies that would be better Wink

As for me, I didn't bought at the peak but at the same time I didn't sell a portion of my holdings which is a little bit frustrating on my part. I want to at least convert some of my holdings into fiat because I will use it on something but I didn't do it.

Well for those who bought at the peak, I just hope that you aren't panicking right now because we might see Bitcoin at that price again soon Smiley. For those newbies out there who bought at the peak, I hope that this serves as your lesson like the OP has posted and I hope that you will learn from this.
member
Activity: 1120
Merit: 68
Unless they sell it, they will probably be a moron but if they are still hodling even though they are at a 50% loss, I don't think that it's right to call them morons plus they probably have cut their losses before the price really did go down to 30k and simply just bought back.
I agree to this no matter what price some people buy it doesn't mean that their moron/idiot or anything else they are just investing too like most of us.
Just because you bought at a low price doesn't mean your a great trader it depends on how you would handle the situation.
Plus it is not their fault that they have bought at 60k, that was the price at that time and if you don't have any bitcoin, getting as early as possible is the best thing to do because you don't know if it will be the last the price will go that point because the prices have gone higher than ever.
legendary
Activity: 2492
Merit: 1215
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley

Say this to those who has bought Bitcoin in January 2018 when the price was $20k and held till the price reached $64k.
Check Bitcoin price life cycles. When you are back, I hope your vision will change. If you think that those who bought @ $60k are morons, then who are smart? What was the right thing to do? Buy at $60k and immediately sell when Musk tweeted about Bitcoin payment suspension and price starter to drop?
jr. member
Activity: 378
Merit: 5
Not falling into traps is not greed, my moronic friend, it is situational awareness and intelligence.

legendary
Activity: 2436
Merit: 1362

Maybe the same morons that bought at $60k also bought at $30k, $20k, $10k, $5k, $2.5k and $1k,
Thats me with my hand up!

In my professiona suggestion.... at least take some safety money bro. Greed is not good.

Hmmm Greed, earlier in this thread you posted we could have bought 2.5 times the
amount of Bitcoin now. Wouldnt that be greed?

-

You coulda gotten 2.5 bitcoins for the price of one.....

This is a popular thread ATM because of the language you use, Moron, Greed.

Not everyone is focussed on the market trends and trading signals, most
are happy to buy a little when they can, comfortable in the knowledge that it is safe
in the long term.

Its choice, when to buy and when to sell.
sr. member
Activity: 2338
Merit: 365
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moron? buy bitcoin don't rely on fiat...

those who buy Bitcoin at $60k, $50k or $40k are smart people, they don't care about their fiat, all they care about is they have to have as many bitcoins in their pockets. when the Bitcoin price goes to $100k or $200k then they are the winner.
hero member
Activity: 2492
Merit: 542
Looks like OP is not a bitcoin believer buying at $60k is not a problem if you want to hodl it for long term, Do you think $60K will never break again and reached new ATH? I believe this bull market is not yet over what is happening is just a mini bear market lol.  
hero member
Activity: 2240
Merit: 848
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley


If they are HODLers then they are geniuses as buying at $60k means they got in before almost everybody else.
full member
Activity: 2324
Merit: 175
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley
I don't think they are morons they are risk-takers and true believers of Bitcoin reaching $100k, there's still hope for those who bought at this level that is if they are patient enough to HODL and we have 6 months to go before the end of this year and in highly volatile market things can happen so fast, it could go $50k in a week or $20k in a week, let's just see what the market will bring this year before we label anything.
full member
Activity: 2086
Merit: 193
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley
We all make mistakes and no one knows that the market will go dip after reaching the peak so many times so this is indeed a lesson to be learned, there’s always risk on our every decision just be more responsible to take it and do better next time. If you still have the money, go start all over again because after this down price, you’ll see a new all time high, just have patience.
sr. member
Activity: 1484
Merit: 277
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley

No that's not a big deal for those who got their wrong choice mate, because one day we'll be back on track. It's just that happened market really saturated badly affected with huge FUD on the past few weeks. I think most new traders can't get over with several paid articles that shaken them to fear, and basically it became exaggerating and made them more panic so we're seeing more market dumps.
sr. member
Activity: 1876
Merit: 318
Not want to resist if some people get FOMO when bitcoin really hyped by famous people and many good news that come. I think both of believer and people who get FOMO who buy it. But say that they are morons is not a good thing. Because no one know if bitcoin price will increased or not, and they can get their capital or maybe take profit with it.

Indeed, most people who buy Bitcoin because of FOMO are influenced by famous people and the good news that comes. So they think the price of
Bitcoin will continue to rise, but the crypto world doesn't work that way. That's why I prefer to call people who buy Bitcoin at peak prices an
inexperienced investor, instead of calling them morons. Because experience is very important when investing in crypto, so as not to buy at peak prices.
Everyone who wants to be successful in the crypto world must have knowledge and experience, without these two things will definitely suffer losses first.
jr. member
Activity: 378
Merit: 5
Not greed but rather seeing this on making cost averaging even though risk is getting higher since you do throw up money even more but we know the chances of recovery here on crypto space specially with bitcoin then those buying on gradual basis would surely pays off.

On that way it would really lessen out the money you had lost when you bought on 60k but actually if  you are really going for long term then this wont be a bothersome situation for you but instead you can simply hold up until price recovers.

Buy the dip and that should be always on your main consideration that you must have some reserves.

Dude, I neither care, nor is it my problem. I'm setting up a conventional market short right now. I wouldn't touch crypto with a bildge pole up or down now lol

My pro opinion is we will prolly see 6-8k again. I'd be interested at $10k.Days weeks months year? no idea. Food for thought.

Only reason I'm talking is cause this topic popular apparently lol I'm drunk. Drunk me is poignant.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 Grin.



the same that I was thinking.
after each ATH people are complaining about he price isn't growing exponentially. The same has happened in 2013 peak. And the same has already seen during 2017.There is not a bad time frame for buying bitcoin, maybe a bad time for selling it Wink !
full member
Activity: 700
Merit: 108
very easy and moronic to tell it now..
hero member
Activity: 2968
Merit: 687

Maybe the same morons that bought at $60k also bought at $30k, $20k, $10k, $5k, $2.5k and $1k,
Thats me with my hand up!

In my professiona suggestion.... at least take some safety money bro. Greed is not good.
Not greed but rather seeing this on making cost averaging even though risk is getting higher since you do throw up money even more but we know the chances of recovery here on crypto space specially with bitcoin then those buying on gradual basis would surely pays off.

On that way it would really lessen out the money you had lost when you bought on 60k but actually if  you are really going for long term then this wont be a bothersome situation for you but instead you can simply hold up until price recovers.

Buy the dip and that should be always on your main consideration that you must have some reserves.
jr. member
Activity: 378
Merit: 5

Maybe the same morons that bought at $60k also bought at $30k, $20k, $10k, $5k, $2.5k and $1k,
Thats me with my hand up!

In my professiona suggestion.... at least take some safety money bro. Greed is not good.
legendary
Activity: 2436
Merit: 1362
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 Grin.



You coulda gotten 2.5 bitcoins for the price of one.....

Maybe the same morons that didnt sell at $60k also didnt sell at $30k, $20k, $10k, $5k, $2.5k and $1k,
Thats me with my hand up!

There have been countless threads like this, its easy to talk and critizise after an event

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