Who were the morons that bought 60k bitcoin?

[cocoadreamboy]

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

we all gotta learn our lessons

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[jackg]

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

[cocoadreamboy]

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.....

[o_e_l_e_o]

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.

[jossiel]

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.

we all gotta learn our lessons

I agree.

[El duderino_]

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.

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

[Oilacris]

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.

[Saint-loup]

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"  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... 

[adaseb]

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.

[nurilham]

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. 

[sheenshane]

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.

[suchmoon]

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.

[philipma1957]

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 +

[icopress]

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).

[soulcity]

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

[Vaskiy]

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.

[cabron]

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.

[pooya87]

Someone's butt seems to be hurtin'

[Fundamentals Of]

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.

[Kong Hey Pakboy]

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.