Re: will early sellers buy back in eventually? Will lambo buyers trade the lambo4btc
imagine all those people who sold Apple, Microsoft, Amazon in the 1999 bubble. I bet they own those stocks again, probably cashed out and bought a lambo, only to buy back the shares at double to even 10x the price. will the same happen to bitcoin?
It already has, over and over again. It's not like 2017 was the first parabolic bull cycle. I was around in 2013 and the subsequent bear market. If only I had just bought and held from $200 again! But that bear market really scarred me, so I didn't recognize the 2016-2017 bull market for what it was (another bubble) until BTC prices were 4 or 5x higher than the they were at the 2015 bottom. During that whole time, I was short term trading BTC and opting to preserve value in USD. That lost me a lot of coins!
There are so many stories like this out there. People who had thousands of coins, sold for what seemed like a great profit at the time, and left. Like this guy:
https://twitter.com/gregschoen/status/70261648811761665?lang=en
Imagine owning 1,700 BTC.....