[cwkoss]

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

[mrb]

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]

Because predicting the future based on the past has always worked well.

[alch-]

And will always work well!

[FabHK]

Hume on induction in a nutshell.

[mrb]

I'm not predicting the future. cwkoss is (by assuming Bitcoin will never surpass $20k)

[cwkoss]

Pure hodling means you never take profit. Ideally you sell high and rebuy low.

[chrisco255]

Well if foresight were 20/20 we'd all be rich.

[trophycase]

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.