Are people buying BTC @ $27000+ idiots?

[Argoo]

People bought at $27000 bitcoins are lucky because they bought it at lower price compare today that the bitcoin price reaches $36000 each. They are not actually idiot  that they bought it at $27000, if they decided to sell it today they will get higher profit and not holding it by now because the bitcoin price will eventually drop by the end of january.

Yes, in terms of prices in the current cryptocurrency market, buying bitcoin for $ 27,000 no longer seems stupid, but a reasonable decision. A few months ago, some were skeptical about the possibility of bitcoin to rise in price above $ 25,000 in the near future, based on the events of 2017-2019, when investors who bought bitcoin at a price of about $ 20,000 over the next three years saw a bear market and the price bitcoin at $ 10,000. However, the cryptocurrency market is developing and the situation is changing. With the current price of bitcoin over $ 37,000 and given that bitcoin has already crossed the $ 40,000 mark several times, even its price of $ 100,000 over the course of a year does not seem so fantastic.

[virasog]

Could have bought it in March this year for sub $4000.

Downside risk is much greater now than it was earlier this year.

Is it the mentally challenged that are getting fleeced right now.

I don't think buying at a high price is wrong. Those who buy at the highest prices are not idiots. If they believe in a bigger rise in the future they will hold on for a long time and they will still make a profit if in a few years bitcoin hits $ 100k

When you know that bitcoin is not a bubble, bitcoin is the new digital gold and bitcoin is here to stay then you will buy it even at 40,000$ and believe me you will be happy seeing bitcoin cross 100,000$ or more in coming days.

[Momoamzad]

Bitcoin means full of risk . Buying at $27k is not waiseable but if anyone can take risk to ou also cannot call them idiot . We do not know the price updown form. So it can be sucessfull in price like $38000from$27000. So I think everyone should take own risk

[A62662]

The ones that buy last and at the highest prices ARE the nitwits. They COULD have bought much cheaper and earlier, those who buy now will be left holding the bag with losses later on.

[Traderbtcc]

Of course yes, there will always be someone who will want to buy at the peak , but even if anyone bought at that $27k back then they would have probably made some profit off it after all the price of bitcoin is still above $27k till now, buying at the peak is very risky the market can either keep going up like it did or dump hard like it did in 2017  , it's never advisable to at the peak but I wonder why people still do it.

[Beparanf]

NO, they're not nitwits, there are still chances for us to put resources into bitcoins because there's an exceptionally risks that bitcoins cost goes up to $50,000 so individuals are getting it all the more quickly. At present, bitcoin cost is higher $29,000 we actually have the opportunity to snatch it. $50k isn't far so I guidance you to cause a major to put resources into bitcoin now before time slipping away

Right now, the number of Bitcoin users stand at less than 2% of the global population. As time progresses, this number will increase. Even during the correction phase of 2018-19, the user base was going up at a steady pace. Since Bitcoin is an asset which is protected against inflation, the expanding user base can only mean one thing - an increase in the exchange rates.

2% of the global population is already big considering the number of cryptocurrency out there with better feature than BTC. Don’t get me wrong but don’t assume all people on the world should use BTC alone. If the number of holders is your only basis for the price potential growth then you should rethink about it.

[A62662]

Why do I get the feeling a lot of the pumpers here only want to trick the stupid and the ignorant into putting their savings into the bubble we are in right now. Don't they have any moral backbone whatsoever, any moral compass to guide them in life.
Would they try to sell their own mother for a pile of cash?

It's all just about trying to squeeze the last few dollars out of the easily fooled nitwits out there that read their drivel, so they can maximise their own gain. No wonder the world is going to hell in a handbasket.

Let's just call them for what they really are - BASTARDS. Trying to prey on the weak minds of the world like that.

[Theory90]

never buy more than you can afford to lose and you wont look dumb.

[yohananaomi]

Could have bought it in March this year for sub $4000.

Downside risk is much greater now than it was earlier this year.

Is it the mentally challenged that are getting fleeced right now.

what you say seems unproven, even what you fear will decrease compared to the previous year is not clearly proven.
instead it is currently experiencing a sharp increase and this may also be beyond everyone's predictions. because the prediction that happened is that the increase will occur in 2021, but it could be faster than the existing estimates.
the increase in 2021 will still happen and we are just waiting to see that there will be renewable ATH again.

[scottsanderman12]

never buy more than you can afford to lose and you wont look dumb.

if you are good analytic and hold needed information you can buy btc on any price, but it also risky.

[Vageta420]

Threads in 2022 be like:

Are people buying BTC @ $250000+ idiots?

Could have bought it in December 2020 for 27k+.


People will buy BTC no matter the price. Whether it's 4k, 27k or 1kk.
BTC is a limited asset and demand for it will only rise.

[Nikole Fischer]

Threads in 2022 be like:

Are people buying BTC @ $250000+ idiots?

Could have bought it in December 2020 for 27k+.


People will buy BTC no matter the price. Whether it's 4k, 27k or 1kk.
BTC is a limited asset and demand for it will only rise.

Ahahahah they'll remember the price of 27k, cry and regret that they didn't buy bitcoin then 

[Marcus69Nio]

It seems to me that Bitcoin has a true potential for our future life. I agree with a point that Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
Looks great, huh? Thanks to Michael Saylor

I've bought BTC at $28 000 because I have a confidence this asset will rise to the sky in the future. Perhaps, I won't get some crazy profits this year but it still a beneficial long-term investment.

[maxinevillegas]

Based on my experience, it's not wise to buy during the peak, bad idea. I'll just wait for the dip and then start buying.

[dre1982]

Based on my experience, it's not wise to buy during the peak, bad idea. I'll just wait for the dip and then start buying.

Well it's hard to define when it's a peak. I thought that already when it reached the $25k mark but after that it just kept rising.

It will goes down for sure after such rally but when and how deep knows nobody.

[dondonk]

Bitcoin can never give you benefit until you show profound humility. A decent inverter never sells his coins in frenzy regardless of how to dump the cost goes. In case you're a drawn-out financial specialist who is eager to contribute for quite a long time he'll morose favoured with benefit. For me there no terrible opportunity to put resources into bitcoins just put your asset and forget about it. Never watch the price chart daily it can make you disappoint. We can even now contribute because we're not mindful of the 2021 cost.

You are right, when we invest in bitcoin, we are always worried about the price that can immediately drop. we are watching the movement of the chart from day to day and that sometimes makes us panic. then forgetting and waiting for the good news is the best way.

[Alucard1]

That is hard about the world of cryptocurrency, the volatility makes us crazy with thinking of investing whether we should invest with the current value. With the value of bitcoin way back the month of March, some people think that bitcoin nay continues going down so they keep on selling and some keep on buying and investing it which is a great decision for them. As of now, it has a high risk when investing because the price of bitcoin is high maybe we should wait first to make it lower.

[Issa56]

From the little experience am having I don't think buying bitcoin above $30k is really a nice idea, Bitcoin currently I don't think price of bitcoin is predictable the only people I will advise to buy bitcoin now are people that are ready to hold for years.

[ballexplorer]

People who bought at 27,000 BTC have made good profits to date.
It remains to be seen whether the problems with the USDT will affect the BTC.
Ms. Lagarde's announcement that she wants to take action against cryptocurrencies can also have negative consequences.
In any case, it will continue to be highly volatile.

[CreativeCoin]

Those who bought BTC for 27k are in luck. Obviously yes) BTC is clearly growing and many people are buying and trading BTC on stock exchanges right now. Even buying BTC for 30K will pay off for those who know what to do with them.