Sure, I’m not stupid. I would turn around and sell it to some other fool. And thats the problem. There is honestly no price I could buy it at where I would be willing to hold.
I just don't understand all of the "BTC will never fall below <some level not far from the current price>" thinking.
Past performance is no guarantee of future results, but maybe that, the improbable 12000%, is the thinking that you're trying to understand?
Really no price? Even given the opportunity to buy at $10, you still wouldn't hold?
If it hits x sell. So if I was given a coin currently "worth" $15,000 for $5. I could set a stop loss of $6 and always make a profit since my initial investment was $5. Asleep, awake, doesn't matter.