Who were the morons that bought 60k bitcoin?

[vapourminer]

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 +

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.

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[TastyChillySauce00]

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.

[Questat]

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.

[magneto]

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.

[stomachgrowls]

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.

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.

[Fortify]

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

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.

[elisabetheva]

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.

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.

[coin-investor]

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.

[Ararbermas]

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..

[Lorence.xD]

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.

[kapalmabur]

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

[XCANA]

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

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.

[shield132]

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.
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.

[philipma1957]

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

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.

[Stedsm]

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?

[chikading2016]

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.

[VanDeinsberg12]

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.

They are morons little girl lol All you 20k idiots forget BTC hit 3.5k later that year. MORONS lolololololol

you must be trolling, but that's what i expect from most of people that are hugely skeptical. after all some people can have a really bad day.

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.

[Lorence.xD]

~

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 don't think that he will be sorry, I was once like that and let me tell you that it's hard to ask for forgiveness. That's the problem is that people who have to least insight and knowledge are the ones that will talk.

[Mahanton]

~

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 don't think that he will be sorry, I was once like that and let me tell you that it's hard to ask for forgiveness. That's the problem is that people who have to least insight and knowledge are the ones that will talk.

There are really people who do really act as superiors or looks like that they do know everything on this world and calling out someone
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.

[btc_angela]

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

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.