Who were the morons that bought 60k bitcoin? - page 5.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

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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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.

sheenshane

legendary

Activity: 2534

Merit: 1233

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

If you're not in hurry, you can wait for more until another 4 years will come and the possible Bitcoin price will rise again after halving will come again.
But if you will blindly accept your loss because you think Bitcoin will not raise again, and selling Bitcoin under the price where did you have bought it, it's up to you.

Investors should understand first Bitcoin price movement, believe me, or not Bitcoin price will always create a new all-time high and it might that is your best shot to sell. Once your profit once there, that's the right time to sell or hold furthermore if you aim higher amount of profit than your expected.

They're not morons not unless they will sell their Bitcoin under the price they'd bought it.

nurilham

sr. member

Activity: 1484

Merit: 447

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

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

Me, too. I also didn't sell any of my Bitcoin yet and keep holding.
I don't care if there is an issue of the beginning of bearish, I still believe of the Bitcoin price can increase again above $60k.
Well, he can call us as the moron, I don't care. Cheesy

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

Maybe see you in another 4 years.

We can see him again if he is still in Bitcoin investment.
I suspect he will exit from Bitcoin or crypto investment next year. But I hope my guess isn't correct. Grin

adaseb

legendary

Activity: 3808

Merit: 1723

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.

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: Oilacris on June 06, 2021, 04:00:19 PM

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

Not morons but believers but for sure there are people who bought on that peak specially to those who get dragged along with the Hype and Fomo thing.

Even pros and experienced ones do surely get caught themselves with the dump but actually going below or negative 30-40% on your portfolio doesnt
mean that it is already over.

Its still manageable and only noobs or new into this market would probably be selling out their coins while its still crashing or decreasing its price.
Its up to someone if they decided to sell or just simply hold because there are even some noobs who would decide to hold since they are bit aware on
how this market works.

LOL you seem to have a very personal definition of "noobs" Roll Eyes

For you the noobs are not the "morons" as the title says who bought Bitcoin at its ATH of 60K+ $ and are still holding their shitbag at a -50% discount, rekkt like the hell. But the people who sold their bag at 60 or 50k and who will make a bunch of money when they will buy back their bag at 35k... Roll Eyes

Oilacris

hero member

Activity: 2996

Merit: 609

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

Not morons but believers but for sure there are people who bought on that peak specially to those who get dragged along with the Hype and Fomo thing.

Even pros and experienced ones do surely get caught themselves with the dump but actually going below or negative 30-40% on your portfolio doesnt
mean that it is already over.

Its still manageable and only noobs or new into this market would probably be selling out their coins while its still crashing or decreasing its price.
Its up to someone if they decided to sell or just simply hold because there are even some noobs who would decide to hold since they are bit aware on
how this market works.

El duderino_

legendary

Activity: 2744

Merit: 13618

BTC + Crossfit, living life.

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...

jossiel

hero member

Activity: 3220

Merit: 636

DGbet.fun - Crypto Sportsbook

That's not the end of it. I also didn't sold on 2017 but did some selling this time but it's not entirely my whole portfolio that has been sold. I'm looking forward to the next years to come or with the next cycle.

Those folks who bought @ the peak of 2017 was also called the same but if they've held until the peak for this year, they've earned x3.

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

we all gotta learn our lessons

I agree.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18771

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

cocoadreamboy

jr. member

Activity: 378

Merit: 5

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

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

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

.

cocoadreamboy

jr. member

Activity: 378

Merit: 5

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

we all gotta learn our lessons

Topic: Who were the morons that bought 60k bitcoin? - page 5. (Read 915 times)