Who were the morons that bought 60k bitcoin? - page 4.

cocoadreamboy

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Quote from: YuginKadoya on June 07, 2021, 11:05:03 AM

You can not judge them by their mistakes I think in due time they will surely learn about buying on Dips, because it is cheaper, and selling on highs to get profit, but there are these people that are new in the market who would just have their own indicator and I call it the heartbeat indicator were they will buy when the market is high, and they will ride on the hype when the coins are on the green they making wrong decision because the dips have come, and would repeat this process because they would feel the need and just riding the hype.

I don't judge them. Their portfolios do. I didn't sell in Jan 2018. That was my mistake lol

irsykes

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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.

ene1980

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Quote from: YuginKadoya on June 07, 2021, 11:05:03 AM

You can not judge them by their mistakes I think in due time they will surely learn about buying on Dips, because it is cheaper, and selling on highs to get profit, but there are these people that are new in the market who would just have their own indicator and I call it the heartbeat indicator were they will buy when the market is high, and they will ride on the hype when the coins are on the green they making wrong decision because the dips have come, and would repeat this process because they would feel the need and just riding the hype.

The inexperienced always gets stuck most of the time, i have no idea who will be willing to invest when the market was rallying but you need to understand that there are new users entering the market and they will always make mistakes that will take a long time to recover. All they need to do is to hold for the long term rather than panicking and average their entry by investing whenever the market goes down and that is the only way they are going to recover that.

YuginKadoya

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Quote from: cocoadreamboy on June 06, 2021, 09:31:18 AM

I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons

You can not judge them by their mistakes I think in due time they will surely learn about buying on Dips, because it is cheaper, and selling on highs to get profit, but there are these people that are new in the market who would just have their own indicator and I call it the heartbeat indicator were they will buy when the market is high, and they will ride on the hype when the coins are on the green they making wrong decision because the dips have come, and would repeat this process because they would feel the need and just riding the hype.

cocoadreamboy

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man this one is popular lol

STT

legendary

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Quote from: jackg on June 06, 2021, 09:47:46 AM

They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 Grin

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Exactly, if ever there was a bad price I thought 2017 was massively over blown at the time and it did fall alot sure enough but was it invalid just to hold BTC and use even regularly in circulation for transactions etc. No it was fine as we've seen, its a volatile asset for sure but there is an ongoing case for usage and this thread title must have been written a hundred or a thousand times on this forum in various ways already.
Keep making the negative threads because they are a great indicator, when the section is full of them we are surely near a bottom.

bitzizzix

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Sell or buy at any price position is their right with the reason for the long term in my opinion there is no problem.
and when the bitcoin price reaches 60k more I only sell part of the profit and there is still a lot left because I believe the bitcoin price in the long term will exceed that price, and I will use the current decline to make purchases and to increase the bitcoins I have
and I'm sure the price of 100k will happen the most important thing is to be patient.

slaman29

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Quote from: o_e_l_e_o on June 06, 2021, 03:27:28 PM

I remember being called a moron in 2017 when I didn't sell my bitcoin at $20k, or $15k, or $10k, or $5k. I'm pretty sure I bought more at all those prices, and was called a moron for that too. Doesn't time fly!

Feel free to call me a moron because I didn't sell at $60k, $50k, or $40k either.

Maybe see you in another 4 years. Wink

Man you have idiots surrounding you. But that's definitely why I don't tell anyone in real life I keep Bitcoin except my very closest friends, and even then, only they know I earn a little but I never tell them how much haha or they will tell me to get out and sell asap.

Let's all see OP in another 4 years asking about the morons buying at $100k who knows?

jackg

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Quote from: suchmoon on June 06, 2021, 07:05:23 PM

I still have some of those... mined, not bought though. At one point I was mining at a slight loss because I didn't have money to buy bitcoins outright so I basically indirectly bought them at a 10% premium by getting into debt with the electric supplier LOL. Good times.

OP is a hindsight prophet, easiest job in the world but unfortunately leads to bitter nocoinerism.

Hindsight prophercisers are on the worst pay as well afaik, it's a bad career to go into.

Electric supplier debt is fun Grin

.

Quote from: philipma1957 on June 06, 2021, 07:29:04 PM

Quote from: adaseb on June 06, 2021, 06:32:25 PM

I am pretty sure nobody sold their BTC at $60K. People either sold some at $20K or $25K or $50K. People were probably going to sell at $75K or $100K. Same like in 2017 nobody sold at $19.9K because they wanted to sell at $20K

I sold some at 60 k +

Selling new aths is generally a good strategy by the looks of the charts.
You're going to get resistance for now whenever we break (or you were) - hard to predict when thatll stop but selling 10% on a new ath isn't a bad idea to test it still works and try to make that 10% 15.

AB de Royse777

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Quote from: cocoadreamboy on June 06, 2021, 09:31:18 AM

we all gotta learn our lessons

Back in 2017/18 those who bought at $19k and still holding or perhaps sold at $60k or over. What lesson did you learn from them?

Quote from: El duderino_ on June 06, 2021, 03:37:31 PM

Quote from: o_e_l_e_o on June 06, 2021, 03:27:28 PM

I remember being called a moron in 2017 when I didn't sell my bitcoin at $20k, or $15k, or $10k, or $5k. I'm pretty sure I bought more at all those prices, and was called a moron for that too. Doesn't time fly!

Feel free to call me a moron because I didn't sell at $60k, $50k, or $40k either.

Maybe see you in another 4 years. Wink

Indeed, some just don't get it...

Or they think they are the one who are crypto experts :-D

GreatArkansas

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As the famous quote said, "You only lose if you sell" Cool

So, for me, they are not moron now Grin

To be honest, if those people who bought Bitcoin there with a small amount of their money, for sure they don't think about it.
The only sad here if newbies tried to buy there and experienced the dump for around 50% lately.

There is always a possibility if we will able not to see the $60,000 again this year, it could be again what happened when we reached $20,000 before, we haven't seen the $20,000 before like 1-2 years, so it's still good if you just wait.

acener

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Quote from: Kong Hey Pakboy on June 07, 2021, 12:14:11 AM

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.

Kong Hey Pakboy

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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.

Fundamentals Of

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The morons who bought Bitcoin at $60,000 are the same morons who didn't buy Bitcoin at $20,000 and at $40,000. That's always the fate of morons. But those morons who bought at $60,000, if they're not the worst kind of morons and continued to hodl what they bought despite the price plummeting to $30,000, are the less kind of morons compared to other morons who will be buying at $100,000 and above. Those morons who sold Bitcoin at $60,000 better be wiser and buy them back right now or they will prove to be worse morons and buy back what they sold at $60,000.

pooya87

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cabron

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I've not sold at $60k. I feel bad sometimes thinking why I didn't took the opportunity when we know it's bound to happen but this is probably because I'm expecting to profit more by just holding. I sold some of the BTC that are just liquid in my exchange account but not the ones in my personal wallet. I felt like I wouldn't earn it back again if I sell the ones in my personal wallet. Yep I don't feel like I'm a moron but you could say so.

Vaskiy

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Within few years time the person who termed the one buying at $60k will call them as brilliant. When the price was around $60k the market is predicted to go high and reach $100k at the earliest. Believing in the same they've invested. By the next halving we'll be discussing about the people who've bought at $60k as early buyers. Cheesy

soulcity

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I sold some @ $58k and bought a car. Been hodling since 2013 and that was my first big bitcoin purchase.

icopress

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About the idiots: I also didn't sell the bulk of my savings for 40,000 or 60,000, but when your salary is in bitcoins, you need to live on something ... so I have to exchange my coins a little at a time regardless of the exchange rate.

Quote from: philipma1957 on June 06, 2021, 07:29:04 PM

I sold some at 60 k +

I think you wanted to say ... "I sold at 60k and bought at 40k" (just don't say that pooya87 made himself a branded bitcoin avatar in vain).

philipma1957

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Quote from: adaseb on June 06, 2021, 06:32:25 PM

I am pretty sure nobody sold their BTC at $60K. People either sold some at $20K or $25K or $50K. People were probably going to sell at $75K or $100K. Same like in 2017 nobody sold at $19.9K because they wanted to sell at $20K

It’s difficult to predict a top whether $64K was a top or not. Either way. Most people shouldn’t of been buying Bitcoin at $64K anyways. They should of either bought it during the bear market at $6K or maybe after it broke $10K or maybe after $20K ATH was breached. Longing tops is never smart.

I sold some at 60 k +

Topic: Who were the morons that bought 60k bitcoin? - page 4. (Read 902 times)