2 ms·
This has happened every time Bitcoin has had a significant uptick, and these same people patted themselves on the back as it rode its way back down. But in the
by cableshaft 10y ago
This has happened every time Bitcoin has had a significant uptick, and these same people patted themselves on the back as it rode its way back down. But in the meantime, if they had bought while it was low and sold on each of the upticks, they probably would have made plenty of money by now. But since they aren't willing to get in on that even a little bit, they'll just hate on everyone else to make them feel better.
This is how people react to anything that finds success that they aren't also involved in, really. This is the best video I could find (quickly) that explains the effect, although it's mostly stating it in the form of health: https://www.youtube.com/watch?v=eOJJzeA70U4 https://www.youtube.com/watch?v=eOJJzeA70U4