Who were the morons that bought 60k bitcoin?

[aysg76]

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.

[erep]

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?
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.

[ubercool]

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

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.

[tippytoes]

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. 

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.

[Kittygalore]

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?

[dmamigo]

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. 

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.

[Wawa2013]

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.

[milewilda]

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

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.

He do call it a moron just because they do bought on the peak? Without even realizing on how many people who had bought when bitcoin hit that 20k ATH?
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.

[OgNasty]

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.

[Jating]

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?

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%.

[bitgolden]

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?

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%.

That is what the main topic should be but people always have short memory when it comes to finance. Remember 2018 crash? We went from 20k to 3k, which means if you bought at 3k then you made nearly 13x right now, just right now, closer to 21x profit at the peak, can you imagine that?

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.