4 ms·

Well, in hindsight, $18k would have been a great time to get out.

• chrisco255 7y ago
  Well if foresight were 20/20 we'd all be rich.
  • trophycase 7y ago
    To be fair it was pretty obvious if you had been in the space for a while. When random people start texting you up asking how to buy XRP and telling you why LTC is better than BTC you know it's a bubble and know it's time to get out. Look at Charlie Lee for example. Everyone blames him for dumping his LTC at $200 or whatever it was but frankly it was extremely obvious that it was a bubble and a smart decision.
    • deleted 7y ago
      [deleted]
• mrb 7y ago
  You missed k__'s point which is that no matter what peak price you think was the best time to sell out, it has always been followed 2-3 years later by an even greater peak. You have hindsight in the past but you are still lacking foresight into the future.
  • EdwardDiego 7y ago
    Because predicting the future based on the past has always worked well.
    • mrb 7y ago
      I'm not predicting the future. cwkoss is (by assuming Bitcoin will never surpass $20k)
      • cwkoss 7y ago
        Pure hodling means you never take profit. Ideally you sell high and rebuy low.
    • alch- 7y ago
      And will always work well!
      • FabHK 7y ago
        Hume on induction in a nutshell.