Calling them morons is wrong at least for me. Call them newbies that would be better

As for me, I didn't bought at the peak but at the same time I didn't sell a portion of my holdings which is a little bit frustrating on my part. I want to at least convert some of my holdings into fiat because I will use it on something but I didn't do it.

Well for those who bought at the peak, I just hope that you aren't panicking right now because we might see Bitcoin at that price again soon . For those newbies out there who bought at the peak, I hope that this serves as your lesson like the OP has posted and I hope that you will learn from this.