Post
Topic
Board Speculation
Re: Who were the morons that bought 60k bitcoin?
by
jackg
on 07/06/2021, 10:48:38 UTC

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.

Hindsight prophercisers are on the worst pay as well afaik, it's a bad career to go into.

Electric supplier debt is fun Grin.

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

I sold some  at 60 k +

Selling new aths is generally a good strategy by the looks of the charts.
You're going to get resistance for now whenever we break (or you were) - hard to predict when thatll stop but selling 10% on a new ath isn't a bad idea to test it still works and try to make that 10% 15.