The speaker bought Bitcoin at $300, watched it hit $19,000, and tried to sell after an aunt's Ethereum tip made him suspect a bubble. Coinbase's $15,000 daily limit forced him to sell slowly, and the price kept climbing while he was stuck selling in pieces.
I bought Bitcoin, like, back when it was like $300, and it shot up to $3,000, $4,000 at one point. I go to a wedding, and my aunt, who's like an Indian auntie, she literally goes, "Oh yeah, Ethereum is very good." And I was like, "My aunt's talking about Ethereum? I'm pretty sure there's bubbles. I've read something about this." This is the moment when your Indian auntie is talking about assets, been telling her friends they gotta buy, and I'm like, "This is gonna be a bubble." I try to liquidate everything. Coinbase is limiting me because you can't just sell, like, lots of stuff at once. You can only sell, like, $15,000 at a time or something like that. So I'm trying to max it out every day and try to sell. By the 5th day or whatever, I was like, okay, let me just leave whatever else is there. It's fine. Bitcoin shoots up to $19,000 in like the next 2 months. And I was like, oh my God, what am I doing? I mistimed the bubble.
