in my defense, this was in 2014 after it had crested 1000 in its first ridiculous bubble. For context, bitcoin going to just $500 was considered by pretty much the entire bitcoin universe as "to the fucking moon", so $1000 was insane and literally no one knew wtf was happening. It immediately started falling and continued to fall for well over a year and I finally decided to sell when I needed some cash to buy a house on the assumption that nobody could possibly be stupid enough to send it back to $1000 ever again.
A year later I re-learned for the umpteenth time that you can never underestimate how stupid people can be.
Note I'm not saying Bitcoin is stupid, it's great, but the people that keep fad-buying it every time it makes a jump are retarded.
I bought 5 grand worth of bitcoin at $30 and sold it at $280 for a down payment on a house.
I hate myself more every day
Oh man, that hurt me just reading it
yeah
in my defense, this was in 2014 after it had crested 1000 in its first ridiculous bubble. For context, bitcoin going to just $500 was considered by pretty much the entire bitcoin universe as "to the fucking moon", so $1000 was insane and literally no one knew wtf was happening. It immediately started falling and continued to fall for well over a year and I finally decided to sell when I needed some cash to buy a house on the assumption that nobody could possibly be stupid enough to send it back to $1000 ever again.
A year later I re-learned for the umpteenth time that you can never underestimate how stupid people can be.
Note I'm not saying Bitcoin is stupid, it's great, but the people that keep fad-buying it every time it makes a jump are retarded.