You are viewing a single comment's thread from:

RE: From Hindsight to Wisdom: Reflecting on the 2017 Crypto Madness

in GEMSlast year

I think about all the people that sold BTC when it peaked at $27k or something like that and in the next 8 months or so it slipped to nearly $2k. The people who panic sold during that time have a lot of regrets today, that's for sure.

I also know people that thought it would be a good idea to get involved when the meteoric rise to $60k or whatever it was, was going on. They have a lot of regrets as well. As a HODLer, I never suffer these things but who knows what the future holds!

Sort:  

sold BTC when it peaked at $27k or something like that and in the next 8 months or so it slipped to nearly $2k

Oh, I know. Can you imagine? I have thought about that many times myself as well. I've thought a lot about how I wish I had sold everything into Tether back in December of 2017, then bought back in months later. I've made the comment before that if I had done this, I could have been one of the biggest whales on Hive as well as having huge bags in BTC and ETH. But that is in the past now.

get involved when the meteoric rise to $60k

I was really worried about people at that time. I was really feeling that it was the top at the time, but everyone was screaming about BTC going to a million dollars. It is amazing how the hype can get. I was desperately trying to talk people out of buying DOGE when Elon pumped it but my older son bought some. I don't know how much, but I hope it wasn't a lot.

As a HODLer, I never suffer these things but who knows what the future holds!

I have gotten a lot better in this regard. There was a time when I would freak out and sell at the worst time. But if there weren't people like me, then there wouldn't be other who made a lot of money buying my coins.