> while the retail investor hodls for their life savings at all time highs again.
Said all this after the 2017/8 peak. Called people idiots for buying BTC at $20k. Laughed when it plummeted.
Who's laughing now.
Said all this after the 2017/8 peak. Called people idiots for buying BTC at $20k. Laughed when it plummeted.
Who's laughing now.
I am and those who bought BTC when it fell to less than $5000 or $7000 for sometime in a while since it reached its ATH in 2017. That was the chance for new comers to buy into crypto in March 2020.
No-one who bought at those lows lost any money. Only those buying at ATHs and selling now. Thus they are forced to HODL and wait for it to go up again.
And now it's 2021, the new ATH for BTC is $60K and as for many alt-coins thanks to Elon and the Twitter crypto hypers, all the alts are flying and NOW the new retail investors are buying into crypto today, which is a dangerous sign of a pull back later.
Might as well take some profits off the table. Just like what Tesla did and many others in the smart money.
So yes, I'm always laughing at those buying right now in all time highs when I keep hitting that sell button.