11-13-2020, 07:30 PM
The short story of Dummy Le Dumbdumb: an educational cautionary tale.
<!-- SC_OFF --><div class="md"><p>Hi, I'm Dummy Le Dumbdumb.</p> <p>Today is August 28, 2020. I see Bitcoin is at $11.5k.</p> <p>I'm not gonna buy yet, I'm gonna wait for it to dip back to $10K.</p> <p>><em>1 week later, dip to $10.2K</em></p> <p>Oh nice, the price dipped. But I think I can do better. I'm gonna wait for the price to drop to $9k.</p> <p>><em>1 month later, no dip. price: $11K</em></p> <p>Oh wow that's expensive again.</p> <p>><em>1 month later: $14K</em></p> <p>Gee whiz, that's getting expensive.</p> <p><em>>1 week later: $16K</em></p> <p>Way too expensive.</p> <p>><em>A few weeks later: $20K</em></p> <p>Last time Bitcoin was around this price, it crashed. Not buying.</p> <p><em>>Fast forward to $30K</em></p> <p>Wow it's getting ridiculously expensive. Definitely not gonna buy now.</p> <p><em>>fast forward to $50K</em></p> <p>It's definitely gonna crash now.</p> <p><em>>fast forward to $70K</em></p> <p>damn, I wish I had bought at $11K. If it dips back to $50K I'm definitely buying.</p> <p><em>>fast forward to $90K</em></p> <p>Oh wow everyone else is making money but me. This thing might never stop. I'm BUYING.</p> <p><em>>fast forward to $95K</em></p> <p>I am so smart. I better go on Reddit and tell non-coiners how dumb they are.</p> <p><em>>1 week later: drop to $70K</em></p> <p>Wait...what?</p> <p><em>>5 months of crashing: $18K</em></p> <p>FUUUUUUUUUUUUUUUUUUUUUUU</p> <p>​</p> <p>Thank you for reading, I hope you enjoyed this classic cautionary tale of "Dummy Le Dumbdumb".</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hi, I'm Dummy Le Dumbdumb.</p> <p>Today is August 28, 2020. I see Bitcoin is at $11.5k.</p> <p>I'm not gonna buy yet, I'm gonna wait for it to dip back to $10K.</p> <p>><em>1 week later, dip to $10.2K</em></p> <p>Oh nice, the price dipped. But I think I can do better. I'm gonna wait for the price to drop to $9k.</p> <p>><em>1 month later, no dip. price: $11K</em></p> <p>Oh wow that's expensive again.</p> <p>><em>1 month later: $14K</em></p> <p>Gee whiz, that's getting expensive.</p> <p><em>>1 week later: $16K</em></p> <p>Way too expensive.</p> <p>><em>A few weeks later: $20K</em></p> <p>Last time Bitcoin was around this price, it crashed. Not buying.</p> <p><em>>Fast forward to $30K</em></p> <p>Wow it's getting ridiculously expensive. Definitely not gonna buy now.</p> <p><em>>fast forward to $50K</em></p> <p>It's definitely gonna crash now.</p> <p><em>>fast forward to $70K</em></p> <p>damn, I wish I had bought at $11K. If it dips back to $50K I'm definitely buying.</p> <p><em>>fast forward to $90K</em></p> <p>Oh wow everyone else is making money but me. This thing might never stop. I'm BUYING.</p> <p><em>>fast forward to $95K</em></p> <p>I am so smart. I better go on Reddit and tell non-coiners how dumb they are.</p> <p><em>>1 week later: drop to $70K</em></p> <p>Wait...what?</p> <p><em>>5 months of crashing: $18K</em></p> <p>FUUUUUUUUUUUUUUUUUUUUUUU</p> <p>​</p> <p>Thank you for reading, I hope you enjoyed this classic cautionary tale of "Dummy Le Dumbdumb".</p> </div><!-- SC_ON --> Kind Regards R