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.
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
So many say all sorts of negative thing against those who fail to sell their holding at the peaks of 2017 but what will such people say as at the Bitcoin current price or when it was at $60k. I believe you are using your own life experience to make judgement for other people who wish to hold as long as 10 years to come. Not everyone are in same condition as you are Dude.
Is it self-gratifying for you OP to call the people who bought at 60k morons? If so then you are probably a pathetic person because that's what pathetic persons do, they try to make you stupid when they are the one that has the problems.
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
Is it self-gratifying for you OP to call the people who bought at 60k morons? If so then you are probably a pathetic person because that's what pathetic persons do, they try to make you stupid when they are the one that has the problems.
Despite of some negative news you still want to grab some bitcoin? Lol indeed even 50k is enough reason to dump during the downtrend wherein no more excuses because its very obvious and that time there's a full of criticism around the internet so who will gonna think it can bounce back immediately? Seems a big mistake.
if you knew how this things can easily manipulated in such ways perhaps you will not insist that it can survive especially despite of the negative news that exist after those whales published some article about how dangerous the situation of bitcoin at the all time high value..
if you knew how this things can easily manipulated in such ways perhaps you will not insist that it can survive especially despite of the negative news that exist after those whales published some article about how dangerous the situation of bitcoin at the all time high value..
That's adding insult to injury calling them morons, who would have thought Bitocin will drop drastically after reaching that high, no one can't tell, they only have two choices and that is to cut their losses and wait for Bitcoin to make a huge pump again, the latter is the better choice between the two, have to extend their patient and consider themselves as HODLERS.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
why should there be any doubts about bitcoin, we've had that kind of thing when it happened in 2018 where there was a correction that never went up again and a lot of people regretted not taking action to sell at $15K, $10K, $5K, which could make something at least still be able to benefit.we all gotta learn our lessons
but after 4 years later it was refuted and the fact the price could even be several times the price in 2017 and it was real and actually there was no need for excessive fear. that doing nothing while prices are still high is nothing to be afraid of, that it will happen again in the next 4 years and will be the same as it is today.
in fact I have not seen that bitcoin is finished but is preparing for time to increase again and must remember that there is still a long time until the end of this year, be patient to wait and must remember that there will be no loss for holding it, because in time it will change that.
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
Hedge funds and investment managers working for billionaires were all involved. They could read the way the wind was blowing, were able to sell it to their clients who have so much money that they don't care if they lose a few million when they had the chance to make back many times that. The alternative is letting your money sit in a bank which is losing money to the inflation rate, so if they are diversified and this small portion of their money is able to help their average up by one or two percentage it can make a huge difference. There were also a lot of small scale investors who simply got caught up in the hype and end up riding the waves made by the whales beneath the surface. I would say feel sorry for the small scale investor but they are often led by greed and do not have the long term patience that is critical to decent performance over years.
Chill.
The current market cycle might be over but that doesn't mean that bitcoin all of a sudden has no long term value.
I personally think that if you were a swing trader or a day trader, then you should have definitely sold at near $50-60k. But if you were just a retail long term investor, there is no reason to panic just because you haven't sold at those heights or bought in.
BTC has proven its long term resilience over and over again. There is no reason to believe that institutional adoption is going to abruptly end now.
The current market cycle might be over but that doesn't mean that bitcoin all of a sudden has no long term value.
I personally think that if you were a swing trader or a day trader, then you should have definitely sold at near $50-60k. But if you were just a retail long term investor, there is no reason to panic just because you haven't sold at those heights or bought in.
BTC has proven its long term resilience over and over again. There is no reason to believe that institutional adoption is going to abruptly end now.
Depends on your target because not all would really be having that kind of perception.
Some said that it is over since they had entered on peak price and some wouldnt really care as they are accumulating coins for long term.
Each investor does have different mindset when it comes to that and i cant called those fellas who bought on 60k as morons but rather those are
strong believers but cant deny that there are people who just got tagged along with FOMO.
Chill.
The current market cycle might be over but that doesn't mean that bitcoin all of a sudden has no long term value.
I personally think that if you were a swing trader or a day trader, then you should have definitely sold at near $50-60k. But if you were just a retail long term investor, there is no reason to panic just because you haven't sold at those heights or bought in.
BTC has proven its long term resilience over and over again. There is no reason to believe that institutional adoption is going to abruptly end now.
The current market cycle might be over but that doesn't mean that bitcoin all of a sudden has no long term value.
I personally think that if you were a swing trader or a day trader, then you should have definitely sold at near $50-60k. But if you were just a retail long term investor, there is no reason to panic just because you haven't sold at those heights or bought in.
BTC has proven its long term resilience over and over again. There is no reason to believe that institutional adoption is going to abruptly end now.
everyone calls the last guy who gets FOMO'd in the 2018 market who bought at ATH a moron, or an idiot but few years later these people who trying to insults are the real moron and the person they called moron just make more than 3x ROI just within few years, lets see how things will play out 4 years forward because im pretty sure holders always win at the end of the day.
They apparently missed the train but they catch it as it backs again. I know many had missed the $60k as they were expecting $80k, $100k, and more. many could say they are morons but yeah, they might be getting more if they never sell it and wait for the next Bullrun. But the question is if these people are still holding it or they just sell it after hearing those FUDS. legendary
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everyone calls the last guy who gets FOMO'd in the 2018 market who bought at ATH a moron, or an idiot but few years later these people who trying to insults are the real moron and the person they called moron just make more than 3x ROI just within few years, lets see how things will play out 4 years forward because im pretty sure holders always win at the end of the day.
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.
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 +
same, sold at up to ~62k and wasnt trying to time anything, its just what my ladder was set at. i think ~65k was next on the sell ladder then. i still have others beyond that cuz well honey badger.
We should thank these people who still bought Bitcoin when it is hitting $50k it's risky but these people are taking a risk at moving the price of Bitcoin, I believe these people are not newbies and they just keep adding more Bitcoin to their portfolio, we really never know if they are buying because they have sold all their Bitcoin after making a huge profit, we should not call them morons if we don't have people like them, Bitcoin will be in a standstill or fall.
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
It is all a matter of perspective if they were dumb enough to sell their coins for less than that then I will agree with the characterization you made out of them, but if they are still holding their coins then they will do fine, in fact I think there are good enough chances that those people will not only recover their money during this year but that they do in fact make money with their investment, but this can only ever become a reality if they decide to hold their coins no matter what.
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.
Bitcoin is a volatile asset and its price will never be stable. I wouldn't say those who bought at $60K were stupid because now the price is down almost 50% because maybe they are quite confident in the analysis they are making. As long as they are willing to keep it for the long term then they will not lose the bitcoin they have bought but it is true that they have lost almost 50% of the invested capital.
People believe that history can repeat itself and the situation with bitcoin today may be almost the same as it was in 2017. If 2017 ATH has broken in 2020, then $64K ATH in 2021 will also be broken in the following years. So nothing is impossible, I'm sure history will keep repeating itself. Why should we call him morons?
People believe that history can repeat itself and the situation with bitcoin today may be almost the same as it was in 2017. If 2017 ATH has broken in 2020, then $64K ATH in 2021 will also be broken in the following years. So nothing is impossible, I'm sure history will keep repeating itself. Why should we call him morons?
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
It is all a matter of perspective if they were dumb enough to sell their coins for less than that then I will agree with the characterization you made out of them, but if they are still holding their coins then they will do fine, in fact I think there are good enough chances that those people will not only recover their money during this year but that they do in fact make money with their investment, but this can only ever become a reality if they decide to hold their coins no matter what. we all gotta learn our lessons
Even if some people bought at that price they won't lose anything as long as they have strong hands to hodl. Just like the people who bought bitcoin at $20k way back 2017, after many years of bear market it already broke that price last year and already made a new high of $65k. During bitcoin's rally, it has really been unstoppable so we can't blame those people if they bought at that price. Buying bitcoin is not just a short term-goal, it has a limited amount of supply but its demand is continuously increasing so $60k per bitcoin could still be cheap few years from now.
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.
Yes! most of the time they are buying on the hype and the market is on the green field, but I am not saying that it is good or bad in buying in every bull market it depends on the situation because mostly all are selling on this kind of cycle, and only buying the dips, and if they got stuck holding is a better solution than selling your asset into oblivion, we cam say that they should not have the fear on missing a cycle on cryptocurrency because the opportunity is still there you just need to be patient with it.
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.
A person who buys Bitcoin at $60k is not stupid if he doesn't sell it at a loss. Because most people when buying Bitcoin at a price of $60k,
then the Bitcoin price falls, then they will panic and sell the Bitcoin they have. Therefore, if we include people who bought Bitcoin at a price of $60k,
and now Bitcoin is still under the price of $40k. Don't panic and sell it, because if we don't sell the Bitcoin we have it means we haven't suffered a loss.
We have to be strong hands, by still holding the Bitcoin that we have if the price drops.
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.
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.
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.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
Calling them morons is wrong at least for me. Call them newbies that would be better we all gotta learn our lessons
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
. 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. 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.
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
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?
Not falling into traps is not greed, my moronic friend, it is situational awareness and intelligence.
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.
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.
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.
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.
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
If they are HODLers then they are geniuses as buying at $60k means they got in before almost everybody else.
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k
we all gotta learn our lessons
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. 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 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. 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
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.
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.
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.
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.
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.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
!
very easy and moronic to tell it now..
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.
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.
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.
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.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
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
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.
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. 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
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.
man this one is popular lol
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.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.
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.
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.
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.
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.
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?
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
. 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.
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?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.
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.
Indeed, some just don't get it...
As the famous quote said, "You only lose if you sell" 
So, for me, they are not moron now
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.
So, for me, they are not moron now
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.
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.
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.
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.
Someone's butt seems to be hurtin'
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.
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. 
I sold some @ $58k and bought a car. Been hodling since 2013 and that was my first big bitcoin purchase.
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.
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). 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.
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 +
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.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.
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.we all gotta learn our lessons
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.
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.
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.
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.
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'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.we all gotta learn our lessons
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.
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... 
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.we all gotta learn our lessons
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.
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.
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.
Indeed, some just don't get it...
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.
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.
we all gotta learn our lessons
I agree.
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.
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.
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.You coulda gotten 2.5 bitcoins for the price of one.....
They might be the people buying $540 bitcoins in 2015/2016 which was way overpriced from $220 .
.
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
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