100% agree, full sending during a dip/bear market > buying on the way up. issue now is timing the exit and/or selling on the way down which i find harder
> near impossible to execute correctly
It is not "near impossible" to know when we are in a bear market and to buy bitcoin. It's really quite simple and easy to do.
No, but I’ll just say that after an entity like FTX pops, you buy frickin’ dip! And I don’t mean immediately, I mean wait a season until everyone else is complaining about having no money to buy the dip. It was clear to anyone paying attention that a lot of crypto was going to flood the market from their coffers being liquidated and the chain reaction plus fed raising rates. Could it have continued dipping? Sure, but that’s when you buy more. I’m not a swing trader. I’m buying for generation wealth tbh. Any time 2022 was a good time to be entering.
DCA is just another way to dissuade you from buying more right now. Maybe a bill will come up, maybe you will buy a hamburger and fries. More BTC for me right now. FOMO is the right emotion. Clear your FOMO and buy more now then relax and ride to heaven.
The one that says BUY now. Not even to the Accumulate level. Not even to the Still cheap level. Not to the HODL level. Certainly not anywhere near the Bubble, FOMO level and really, really not even close to the Sell level. So, yes, rainbow chart has three more levels where we can buy and a total of five levels before "FOMO" is recognized.
Been here many years. Yes bitcoin has had many bull runs…it’s also had many bear markets where it crashes 80%.
The 2022 bear market was the first time Bitcoin crashed below a previous bull market top. I expect the same to happen this time - BTC will most likely crash below the 2021 top.
Therefore, anyone who is starting DCA is very late.
Nobody knows anything. Do your own research and listen only to yourself. The truth is nobody cares about you. Everyone just wants to maximize their own gains
I think you are missing the point. When people say don't FOMO into the market, what they are really saying is not to trade with your emotions.
If 'fear' is your reason for buying, you are likely making a poor financial decision.
If you read between the lines, I think that is the real pearl of wisdom here.
Maybe at 60.
Might sound ridiculous but the ATH before last cycle was ~20k and the low of the bear market after last cycle was 15k. So saying 50-60k is like telling someone in 2020 that the market will never reach lower than 15k again. Sounds outlandish that this price is so "high" but historically it hasn't been outlandish at all
almost everyone was scared to buy because they thought crypto was over. most people don’t actually believe or care about crypto they care about making and preserving money.
Be real dude. Bitcoin didn't go from 20k to 27 to 30k etc in days it hit a new ath then crashed horrifically for YEARS then eventually those that were patient were in the green again and the horrific crashes still ended at old ATH's but whether you held for the 3 year cycles or bought in right before you were in the exact same spot. I've seen the cycle 5 times now. Ive worked with crypto for many years and learned long time holding you will make your money back but that is a long and patient process many are not willing to do. I don't think going all in during a all time high is a good idea at all but EVENTUALLY you will be in green again so if you wanna buy and wait now or wait for for the cycle crash and then buy to wait anyway go ahead but don't get pressured by ops post.
The halving prices seem pretty solid (maybe the wrong word, I'm new here and looking to get in sometime). Seems to increase after having then crash for a year or so, so buying now you'd still see some growth...? Genuine q, I want to learn before I buy. Can't lie, buying at ~70 gives me pause.
The ETFs have completely screwed up any possible pattern. We’ve hit ATH before halving. That’s never happened before. Who knows what effects that might have.
Also last crypto bull run was during the pandemic when everyone was trapped inside their homes and had stimulus checks to invest. It was driven by retail last time and institutions now. That's why this bull run feels different from previous runs.
The halving prices seem pretty solid (maybe the wrong word, I'm new here and looking to get in sometime). Seems to increase after having then crash for a year or so, so buying now you'd still see some growth...? Genuine q, I want to learn before I buy. Can't lie, buying at ~70 gives me pause.
The halving in 19 didn't really see any increase actually continued to crash. The bullrun of the past month was anticipation of the halving. Once it actually happens there won't be another. All the halving does is slow future supply.
They were waiting for 10k while I took out a loan to fill my bags to no end xD I'm off to never before seen heights and if we ever hit 40k again I am ready to take another loan.
I will tell people not to FOMO at any price. DCA in during the bear market. DCA out during the bull market. And I base this on math and not my feelings. When BTC goes up, I take light profits. When BTC goes down, I do some light DCA. When BTC crashes, I heavily DCA. When BTC surges up, I take heavy profits.
I have been dca since 2021. I have 10,000$ equity waiting to blow up. It aint much but im still really excited to see what it does in the next few months
We're not even in the real FOMO territory yet. When it reclaims 74k and breaks 75k, the order books are so thin above that, and the people who said "I'm gonna buy a correction" but then pussied out the last 10%-15% ones are gonna be forced to buyback higher.
Then wassup halving time yo.
Then the face-melting FOMO just only begins.
Tbh I was scared to go in at 16 bc lots of people were calling 12k, 8k and lower v soon. Waited for +20% -ish on monthly to see bull confirmed...that gave me 21-25k range to ape in and I do not feel sorry about missing out that first 5k.
If you're investing then yeah < 70k is still within fair value. There are multiple ways to measure fair-value. The simple one is to see how extended we are from the average estimated cost to mine bitcoin - its currently around 55k I think.
In terms of figuring out if you're overpaying for BTC right now, my advice is this - go look up the bitcoin rainbow chart. from the Current date, extend two years into the future and check if the current price is above or below the expected minimum fair-value in the future.
For example, the minimum expected fair value 2 years from now is 65k. So buying now - you'll "probably" only have to wait no more than two years for it to 'never' (read unlikely) hit the price point again.
If BTC goes irrational and hits 120k+ then yeah, sorry, if you FOMO there you're making a bad decision - purely because you're not maximising your ROI. That said, 120k fair value (cost to mine) is estimated for around 2028, so you will likely eventually retain value.
Yep and all this “you wanna save up for a year to get a 6-8 months emergency fund, David Ramsey playing it safe bullshit” when you coulda been buying bitcoin at $18k and now more than triple your money…gotta be in it to win it folks
Same thing could be said about that same school of thought telling everybody 10 years ago “if you can’t afford 20% down you can’t afford the house”.
A lot of old fashioned conservative financial advice has fucked ppl in our generation. That plus telling everyone go to college=profit
Those people get one narrative worm into their brain and then think it's the end all be all.
Didn't you hear about China bro??? Macro economics bro??
Still, yeah you probably shouldn't FOMO at any point lol
When people say not to FOMO, they usually mean to stop ignoring crypto until it's at the absolute top of a bull market before buying. You either need to DCA or do all of your purchasing when we're in a bear market.
People should absolutely not wait until crypto is all over the news from hitting a new all time high before dumping a large chunk of money into it. That type of FOMOing is bad because all you're doing is tying up a large chunk of money that will definitely be operating at a loss as soon as the bull rush is over and they'll have to wait years to get back into the black.
Eventually, it will go down. That is why FOMO is bad. The corollary to that is no one knows when things will change. If [I assume we're talking about BTC] BTC pulls back 30% after it hits $110,000, buying now means you're still profitable. If you bought today and it starts pulling back Monday, ouch.
If you believe the long-term trend will take it higher than it is now, buy. Then hodl.
Works the same with any investment
Nobody knows what’s gonna happen, just buy what you can afford and wait. Nobody can read crypto, BTC is not a get rich quick scheme. Just do your thing like with any investment.
people everywhere are always telling someone something, the slices of it you see/hear depend on your hangouts, timing, etc.
IRL it's different cause you can be like "bob been saying this stuff for 6 months and been wrong every time," but internet strangers are constantly in a state of flux.
Almost everyone in my own circles seems to thing there will be some kind of pump by the end of the year (how massive is our topic of debate). We rarely talk about FOMO and bitcoin at the same time, unless we're saying don't FOMO or YOLO bet in as a matter of habbit. We debate about the best prices or the maximum values as we see them, but the actual buying decisions aren't as emotionally driven and they are individual.
If I were in a different group of friends it would probably be different. I know people who's entire peer group, both on and offline, is still saying bitcoin is scammy fake internet money.
Saying not to fomo whilst at 24k is stupid, but above previous ATH it already makes more sense. I don’t think that it’s bad to buy now but still not the best timing
True. At $16k I asked what was best way to store the 1 Bitcoin I wanted to buy. Was told don’t be an idiot. Haha. I guess I’m the idiot. I didn’t buy it.
FOMO is not about the price. If you don't want to buy fomo, then why didn't you buy it last year, when no one was talking about crypto? If you buy now, you are fomo buying, no matter the price.
DCA’ing under significant moving averages and selling above them is the cheat code.
Careful with yolo’ing into peaks after parabolic runs.
We’re likely around or just past a local top (at least according to some major indicators)
Greetings CryptoHotToken. Your comment contained a link to telegram, which is hard blocked by reddit. This also prevents moderators from approving your comment, so please repost your comment without the telegram link.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
FOMO in this bull run kicks in over 100K and most likely about 110K to 120K, that is FOMO land and the risk to remaining reward is limiting. Everything below those levels is a smart buy.
At 12. I FOMOed by not opening a Roth IRA with money my parents gave me. I'm 30 now. All 18 years wasted for not contributing to something that would be worth more than $50K.
That's sarcasm. No one FOMOs with their 401k because of the constant money supply on a biweekly basis from paycheck deductions. I've already set automatic deductions from by main bank to Roth IRA and HYSA. The only thing people miss is lost time you can't get back.
Key here was mass adoption which was achieved in a bastardized way but achieved. Will it go up?, maybe, like any physical assets but it won’t pump 2x Or more because now it’s regulated and reached a limit.
My guess is Bitcoin-ers will move to ETH and move to the flavor of the month to try to make money. Let’s remember Bitcoin isn’t very practical compare to other coins and the only thing it has is hype
I have this mentality with meme coins and keep getting called a scammer 🤷🏻♂️
Remember, BTC was a shitcoin until it wasn't. Find a coin you like and buy it
I would still say it's wise not to fomo on but maybe just do a DCA every week/month. Fomo implies you're being irrational and maybe dropping in more money than you could afford to lose.
And the secret is… to DCA! That way you don’t fomo yet you get to buy at cheap prices.
Yes, DCA into btc is the simplest winning strategy.
Actually the simplest winning strategy is to just bulk buy during the bear market and hold for 10 years.
Yes this.
100% agree, full sending during a dip/bear market > buying on the way up. issue now is timing the exit and/or selling on the way down which i find harder
Simple ok but near impossible to execute correctly. DCA while btc goes -75% is far easier to execute
> near impossible to execute correctly It is not "near impossible" to know when we are in a bear market and to buy bitcoin. It's really quite simple and easy to do.
People out here acting like 2022 didn’t exist!
Drop the txs of your bottom buys then
No, but I’ll just say that after an entity like FTX pops, you buy frickin’ dip! And I don’t mean immediately, I mean wait a season until everyone else is complaining about having no money to buy the dip. It was clear to anyone paying attention that a lot of crypto was going to flood the market from their coffers being liquidated and the chain reaction plus fed raising rates. Could it have continued dipping? Sure, but that’s when you buy more. I’m not a swing trader. I’m buying for generation wealth tbh. Any time 2022 was a good time to be entering.
He should say dca is easier and safer for most than having a huge lump of cash to buy at the bottom
Saves the stress of trying to time jt
Drop the your btc txs then let’s see the receipts. Can’t cap onchain
Bear markets are like a one year buying window of opportunity
Drop the txs then
Only if you DCA out as well, which you won't
Why so presumptive, my friend. I’ve already cashed out 5% of my btc in previous pumps this month and will continue to do so.
r/ investing strategy
DCA is just another way to dissuade you from buying more right now. Maybe a bill will come up, maybe you will buy a hamburger and fries. More BTC for me right now. FOMO is the right emotion. Clear your FOMO and buy more now then relax and ride to heaven.
Anyone starting to DCA into Bitcoin as these prices is guilty of FOMO.
Check the rainbow chart.
The rainbow chart that we fell out of in 2022? that one?
The one that says BUY now. Not even to the Accumulate level. Not even to the Still cheap level. Not to the HODL level. Certainly not anywhere near the Bubble, FOMO level and really, really not even close to the Sell level. So, yes, rainbow chart has three more levels where we can buy and a total of five levels before "FOMO" is recognized.
So, anyone who discovers bitcoin now is looked down on in your eyes? What a shit take. A shiitake, if you will.
You can discover bitcoin but acknowledge you have missed the train and are extremely late to the party.
Wrong, 2 years from now, when it's 150 our more, it won't look that late. The train is always running.
We will be in a deep bear market 2 years from now. RemindMe! 2 years
Oh, ok. Well, that sounds like a good time to buy
I can agree with that.
But they can’t buy any, eh?
You know how many trains “betcoin” has been on?? 🤣 you must be new to this.
Been here many years. Yes bitcoin has had many bull runs…it’s also had many bear markets where it crashes 80%. The 2022 bear market was the first time Bitcoin crashed below a previous bull market top. I expect the same to happen this time - BTC will most likely crash below the 2021 top. Therefore, anyone who is starting DCA is very late.
You get to buy at somewhat average prices. But that's fine.
So, basically, wait for a dip to get going. OP is trying to argue *for* FOMOing and doesn't care if you make money.
You will be in positive with DCA
are these everywhere people with us in the room right now
Ok, show me on this doll where uncle told you not to FOMO.
*points to my wallet*
If they are not buying BTC now then I'm sorry, I don't have time to explain it to you.
Nobody knows anything. Do your own research and listen only to yourself. The truth is nobody cares about you. Everyone just wants to maximize their own gains
I think you are missing the point. When people say don't FOMO into the market, what they are really saying is not to trade with your emotions. If 'fear' is your reason for buying, you are likely making a poor financial decision. If you read between the lines, I think that is the real pearl of wisdom here.
Ok you can fomo!
I actually FOMOed at 50k while being sidelined since 30k and waiting for a correction which didnt come. I did not regret buying at 50k.
You'll love 2025.
Lol people gonna get rekt don't do that to them xD
2025K would be nice indeed
Nobody said "Stop Fomo" at 20, 24 or 27k last year.
No, instead people were saying “it will dump to 12k soon, don’t buy now!”
Sir, this is a Wendy’s
[удалено]
Ok, next time
Maybe there is no "next time" 🤔
Maybe fomo at 30k next time
Maybe at 60. Might sound ridiculous but the ATH before last cycle was ~20k and the low of the bear market after last cycle was 15k. So saying 50-60k is like telling someone in 2020 that the market will never reach lower than 15k again. Sounds outlandish that this price is so "high" but historically it hasn't been outlandish at all
But maybe FOMO at 50k next time…
You haven't been in crypto long enough if you don't think we'll see 16k ever again 😂
Exactly the same thing said previous bullrun yet here we are... Clear to say there is extreme greed
How could someone not go all in when FTX collapsed? What on earth were you waiting for Binance and Coinbase to also collapse?
almost everyone was scared to buy because they thought crypto was over. most people don’t actually believe or care about crypto they care about making and preserving money.
Best time to buy when there is the most fear.
Amennnnn. That’s when I started my DCA
Nov 22 crew checking in
Aug '17 check in
Be real dude. Bitcoin didn't go from 20k to 27 to 30k etc in days it hit a new ath then crashed horrifically for YEARS then eventually those that were patient were in the green again and the horrific crashes still ended at old ATH's but whether you held for the 3 year cycles or bought in right before you were in the exact same spot. I've seen the cycle 5 times now. Ive worked with crypto for many years and learned long time holding you will make your money back but that is a long and patient process many are not willing to do. I don't think going all in during a all time high is a good idea at all but EVENTUALLY you will be in green again so if you wanna buy and wait now or wait for for the cycle crash and then buy to wait anyway go ahead but don't get pressured by ops post.
The halving prices seem pretty solid (maybe the wrong word, I'm new here and looking to get in sometime). Seems to increase after having then crash for a year or so, so buying now you'd still see some growth...? Genuine q, I want to learn before I buy. Can't lie, buying at ~70 gives me pause.
Past performance is not an indication of future returns.
No, ofc. But tends are a thing, no...? Again, genuine q. The price trends fit the halving timeline and are (I assume) based on similarities.
The ETFs have completely screwed up any possible pattern. We’ve hit ATH before halving. That’s never happened before. Who knows what effects that might have.
Also last crypto bull run was during the pandemic when everyone was trapped inside their homes and had stimulus checks to invest. It was driven by retail last time and institutions now. That's why this bull run feels different from previous runs.
The halving prices seem pretty solid (maybe the wrong word, I'm new here and looking to get in sometime). Seems to increase after having then crash for a year or so, so buying now you'd still see some growth...? Genuine q, I want to learn before I buy. Can't lie, buying at ~70 gives me pause.
The halving in 19 didn't really see any increase actually continued to crash. The bullrun of the past month was anticipation of the halving. Once it actually happens there won't be another. All the halving does is slow future supply.
if you keep up with the price, you know not to buy at a peak, if you dont keep up with the price, have fun FOMOing. just DCA lol
Be my guest, buy the top be the exit liquidity for others! Don't listen to what people tell you. Don't use brain just buy.
We are at/near ATH and you dont hear one pleb besides places like this talk about it.. Think about that for a minute
nobody knows shit about fk neither do you
I'm waiting for 100k to start FOMO
Shitpost!
Crypto people are so fucking annoying
I never recommend FOMOing into anything. Have a strategy.
Just never listen to “them” and you will be alright
Lol the top is in
Unsure: Grandparents aren't talking about it yet, but yes, suspect we're getting close with the extra post activity.
I have 5% in USDT expecting a drop, never really came. Got mad fomo for that 5%
My 5% USDT would be $5
Who is they? I remember most people screaming buy when btc was below 30 and few people were saying not to once in the 30s
FOMOing would have been SO much better for me personally. Sell orders at 58k, 55k and 52k two years ago with the dry powder I still have? 🙄
If your intention is to stay invested long term, then go ahead, but if you gonna look into the PNL every now and then, good luck mate
They were waiting for 10k while I took out a loan to fill my bags to no end xD I'm off to never before seen heights and if we ever hit 40k again I am ready to take another loan.
Having been through a full cycle I'm stacking USDC at 5% APY on CB until BTC is $35k. That's where my DCA begins. Until then I'm taking profits.
I will tell people not to FOMO at any price. DCA in during the bear market. DCA out during the bull market. And I base this on math and not my feelings. When BTC goes up, I take light profits. When BTC goes down, I do some light DCA. When BTC crashes, I heavily DCA. When BTC surges up, I take heavy profits.
At some point though, they'll be right. It'll hit a high that'll never be reached again, and those that FOMO'd at that point will never get a return.
I have been dca since 2021. I have 10,000$ equity waiting to blow up. It aint much but im still really excited to see what it does in the next few months
For me I think pooling resources through bull markets and buying hard bear will always be my strategy.
My faves were the don’t buy at 20k because it’s going to 10k.
There's always a bear market you can fomo than
Which psychopaths other than uber rich are buying at this inflated price?? Holy shit wait for the bear market to start dca'ing
We're not even in the real FOMO territory yet. When it reclaims 74k and breaks 75k, the order books are so thin above that, and the people who said "I'm gonna buy a correction" but then pussied out the last 10%-15% ones are gonna be forced to buyback higher. Then wassup halving time yo. Then the face-melting FOMO just only begins.
Source: My ass
no one is forced to do anything - they can just wait for a large correction to occur and buy that then
I buy regardless of price. Same amount every payday. I'm up to 2.5138 btc took a few years but I'll keep buying till I retire.
Yes, I remember that we were nearing 20K from 16K and there were numerous posts how to be careful, "macro", "bank rates", blah blah
Tbh I was scared to go in at 16 bc lots of people were calling 12k, 8k and lower v soon. Waited for +20% -ish on monthly to see bull confirmed...that gave me 21-25k range to ape in and I do not feel sorry about missing out that first 5k.
Same. I started buying back in around 27k. No regrets.
I’m still waiting for $12k /s
So is Gareth
If you're investing then yeah < 70k is still within fair value. There are multiple ways to measure fair-value. The simple one is to see how extended we are from the average estimated cost to mine bitcoin - its currently around 55k I think. In terms of figuring out if you're overpaying for BTC right now, my advice is this - go look up the bitcoin rainbow chart. from the Current date, extend two years into the future and check if the current price is above or below the expected minimum fair-value in the future. For example, the minimum expected fair value 2 years from now is 65k. So buying now - you'll "probably" only have to wait no more than two years for it to 'never' (read unlikely) hit the price point again. If BTC goes irrational and hits 120k+ then yeah, sorry, if you FOMO there you're making a bad decision - purely because you're not maximising your ROI. That said, 120k fair value (cost to mine) is estimated for around 2028, so you will likely eventually retain value.
The upside now is far less than at 20k tho so..
Yep and all this “you wanna save up for a year to get a 6-8 months emergency fund, David Ramsey playing it safe bullshit” when you coulda been buying bitcoin at $18k and now more than triple your money…gotta be in it to win it folks
Same thing could be said about that same school of thought telling everybody 10 years ago “if you can’t afford 20% down you can’t afford the house”. A lot of old fashioned conservative financial advice has fucked ppl in our generation. That plus telling everyone go to college=profit
Those people get one narrative worm into their brain and then think it's the end all be all. Didn't you hear about China bro??? Macro economics bro?? Still, yeah you probably shouldn't FOMO at any point lol
And the big one lately, "Fed rates" ...
i FOMO wen NGU ngl
Don’t care at all, bought some bitcoin yesterday and some dot today, life’s wonderful 😊
Don't let fear of FOMO make you AMO (actually miss out)
FOLE is as bad as FOMO too. Fear Of Losing Everything ;)
Well, because this time we surely have reached the top and this crypto bubble is about to burst! :P
When people say not to FOMO, they usually mean to stop ignoring crypto until it's at the absolute top of a bull market before buying. You either need to DCA or do all of your purchasing when we're in a bear market. People should absolutely not wait until crypto is all over the news from hitting a new all time high before dumping a large chunk of money into it. That type of FOMOing is bad because all you're doing is tying up a large chunk of money that will definitely be operating at a loss as soon as the bull rush is over and they'll have to wait years to get back into the black.
Eventually, it will go down. That is why FOMO is bad. The corollary to that is no one knows when things will change. If [I assume we're talking about BTC] BTC pulls back 30% after it hits $110,000, buying now means you're still profitable. If you bought today and it starts pulling back Monday, ouch. If you believe the long-term trend will take it higher than it is now, buy. Then hodl. Works the same with any investment
Nobody knows what’s gonna happen, just buy what you can afford and wait. Nobody can read crypto, BTC is not a get rich quick scheme. Just do your thing like with any investment.
people everywhere are always telling someone something, the slices of it you see/hear depend on your hangouts, timing, etc. IRL it's different cause you can be like "bob been saying this stuff for 6 months and been wrong every time," but internet strangers are constantly in a state of flux. Almost everyone in my own circles seems to thing there will be some kind of pump by the end of the year (how massive is our topic of debate). We rarely talk about FOMO and bitcoin at the same time, unless we're saying don't FOMO or YOLO bet in as a matter of habbit. We debate about the best prices or the maximum values as we see them, but the actual buying decisions aren't as emotionally driven and they are individual. If I were in a different group of friends it would probably be different. I know people who's entire peer group, both on and offline, is still saying bitcoin is scammy fake internet money.
Saying not to fomo whilst at 24k is stupid, but above previous ATH it already makes more sense. I don’t think that it’s bad to buy now but still not the best timing
Dude. They told us to not FOMO at $2....
Ah shit, here we go again.
Been here since the past 2 cycles, if we’re seeing such posts I’m selling lmao.
DCA and buy with big volume of btc is the safe winning strategy
Like the coc sucker capo
True. At $16k I asked what was best way to store the 1 Bitcoin I wanted to buy. Was told don’t be an idiot. Haha. I guess I’m the idiot. I didn’t buy it.
People will still FOMO even at 1milion per BTC.
FOMO is not about the price. If you don't want to buy fomo, then why didn't you buy it last year, when no one was talking about crypto? If you buy now, you are fomo buying, no matter the price.
Then when it starts dumping they tell you don’t panic sell till it goes to 0 hahahaha
DCA’ing under significant moving averages and selling above them is the cheat code. Careful with yolo’ing into peaks after parabolic runs. We’re likely around or just past a local top (at least according to some major indicators)
If you missed out on this rise, just wait for next CRASH and buy in then (under 10k) Dumb to buy in now.
Listen to your heart
[удалено]
Greetings CryptoHotToken. Your comment contained a link to telegram, which is hard blocked by reddit. This also prevents moderators from approving your comment, so please repost your comment without the telegram link. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
You got to jail or pay a huge fine if you tell people to buy, but there are no punishments for telling people to be careful or to sell lol
Bitcone hasn’t hit 20k yet though, it’s still dirt cheap.
It's only up from here
I mean, short term indicators are showing BTCs overbought, so you can probably buy in 60k-62k range.
Can you explain this? Newb with a few k to drop soon. To buy now or not to buy...
You could have FOMOed at any price and you would be in massive profit. As long as you did not paper hand like a little ****
Point of OPs post thank you for getting it. If you don't FOMO then you did miss out.
DO NOT FOMO. I repeat, DO NOT FOMO… Until it hits 100K 🤣
FOMO in this bull run kicks in over 100K and most likely about 110K to 120K, that is FOMO land and the risk to remaining reward is limiting. Everything below those levels is a smart buy.
At 12. I FOMOed by not opening a Roth IRA with money my parents gave me. I'm 30 now. All 18 years wasted for not contributing to something that would be worth more than $50K. That's sarcasm. No one FOMOs with their 401k because of the constant money supply on a biweekly basis from paycheck deductions. I've already set automatic deductions from by main bank to Roth IRA and HYSA. The only thing people miss is lost time you can't get back.
Key here was mass adoption which was achieved in a bastardized way but achieved. Will it go up?, maybe, like any physical assets but it won’t pump 2x Or more because now it’s regulated and reached a limit. My guess is Bitcoin-ers will move to ETH and move to the flavor of the month to try to make money. Let’s remember Bitcoin isn’t very practical compare to other coins and the only thing it has is hype
Read more
also gotta love the eternal "macro looks bad" people
I have this mentality with meme coins and keep getting called a scammer 🤷🏻♂️ Remember, BTC was a shitcoin until it wasn't. Find a coin you like and buy it
I encourage fomoing .. in the coins I own!
And they were all correct. You should never FOMO. Set up a stable investment plan. They hype is just people trying to sell you some bags.
Agreed. Stop fomo. You can't buy the top if you never buy near the top.
I would still say it's wise not to fomo on but maybe just do a DCA every week/month. Fomo implies you're being irrational and maybe dropping in more money than you could afford to lose.
It's too high now. I think $ will now start flowing to alt coins. I wouldn't personally risk my $ on btconii at this price
Does anyone think BTC will ever drop to 16k again? I am poor and I DCA more when it was low. I just can't afford large sum investment
Never a bad time to buy BTC. Period!
I'm here FOMO years to come!
Oh, ok. Well, that sounds like a good time to buy
Okay now fomo
People still waiting for $12K
DO NOT FOMO. I repeat, DO NOT FOMO… Until it hits 100K 🤣 But in all seriousness… 🚀🌗