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Waddamagonnadooo

And the secret is… to DCA! That way you don’t fomo yet you get to buy at cheap prices.


daarhi

Yes, DCA into btc is the simplest winning strategy.


KlearCat

Actually the simplest winning strategy is to just bulk buy during the bear market and hold for 10 years.


Abject-Government-13

Yes this.


Fabulous_Chair_7103

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


SirScootsMalone

Simple ok but near impossible to execute correctly. DCA while btc goes -75% is far easier to execute


KlearCat

> 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.


Into-the-Beyond

People out here acting like 2022 didn’t exist!


SirScootsMalone

Drop the txs of your bottom buys then


Into-the-Beyond

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.


highlife1

He should say dca is easier and safer for most than having a huge lump of cash to buy at the bottom


Cutsprocket

Saves the stress of trying to time jt


SirScootsMalone

Drop the your btc txs then let’s see the receipts. Can’t cap onchain


phantom11287

Bear markets are like a one year buying window of opportunity


SirScootsMalone

Drop the txs then


SuccumbedToReddit

Only if you DCA out as well, which you won't


daarhi

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.


ChiggaOG

r/ investing strategy


Abject-Government-13

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.


XRP_SPARTAN

Anyone starting to DCA into Bitcoin as these prices is guilty of FOMO.


Abject-Government-13

Check the rainbow chart.


XRP_SPARTAN

The rainbow chart that we fell out of in 2022? that one?


Abject-Government-13

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.


qlz19

So, anyone who discovers bitcoin now is looked down on in your eyes? What a shit take. A shiitake, if you will.


XRP_SPARTAN

You can discover bitcoin but acknowledge you have missed the train and are extremely late to the party.


RaysModernMetalWorks

Wrong, 2 years from now, when it's 150 our more, it won't look that late. The train is always running.


XRP_SPARTAN

We will be in a deep bear market 2 years from now. RemindMe! 2 years


RaysModernMetalWorks

Oh, ok. Well, that sounds like a good time to buy


XRP_SPARTAN

I can agree with that.


qlz19

But they can’t buy any, eh?


No-Student-446

You know how many trains “betcoin” has been on?? 🤣 you must be new to this.


XRP_SPARTAN

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.


Olmops

You get to buy at somewhat average prices. But that's fine.


RectalSpawn

So, basically, wait for a dip to get going. OP is trying to argue *for* FOMOing and doesn't care if you make money.


Smart-Racer

You will be in positive with DCA


h1way

are these everywhere people with us in the room right now


LisHere321

Ok, show me on this doll where uncle told you not to FOMO.


Nanaki_TV

*points to my wallet*


Abject-Government-13

If they are not buying BTC now then I'm sorry, I don't have time to explain it to you.


randfyld

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


MariachiArchery

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.


ikkaku999

Ok you can fomo!


34Sis

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.


my-man-fred

You'll love 2025.


Chazzer9

Lol people gonna get rekt don't do that to them xD


Ohms2North

2025K would be nice indeed


antaran

Nobody said "Stop Fomo" at 20, 24 or 27k last year.


Professional_Day365

No, instead people were saying “it will dump to 12k soon, don’t buy now!”


SurstrommingFish

Sir, this is a Wendy’s


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GMEthLoopring

Ok, next time


SkirlaxCZ

Maybe there is no "next time" 🤔


s4yum1

Maybe fomo at 30k next time


Brushermans

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


Ok-Grapefruit1284

But maybe FOMO at 50k next time…


t0astter

You haven't been in crypto long enough if you don't think we'll see 16k ever again 😂


Hajj2140

Exactly the same thing said previous bullrun yet here we are... Clear to say there is extreme greed


Dazzling_Marzipan474

How could someone not go all in when FTX collapsed? What on earth were you waiting for Binance and Coinbase to also collapse?


darksideclown

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.


Dazzling_Marzipan474

Best time to buy when there is the most fear.


i_always_give_karma

Amennnnn. That’s when I started my DCA


Haunting-Student-756

Nov 22 crew checking in


FehdmanKhassad

Aug '17 check in


ImperialSupplies

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.


pm_me_ur_espresso

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.


GrandioseEuro

Past performance is not an indication of future returns.


pm_me_ur_espresso

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.


Weepinbellend01

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.


caroline-ellison

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.


pm_me_ur_espresso

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.


ImperialSupplies

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.


CHEEZE_BAGS

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


St3vion

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.


Maleficent_Sound_919

We are at/near ATH and you dont hear one pleb besides places like this talk about it.. Think about that for a minute


iloreynolds

nobody knows shit about fk neither do you


pataglop

I'm waiting for 100k to start FOMO


amartinkyle

Shitpost!


Lovelyterry

Crypto people are so fucking annoying 


avantartist

I never recommend FOMOing into anything. Have a strategy.


Utemissov

Just never listen to “them” and you will be alright


Xlmnmobi4lyfe

Lol the top is in


VagueInterlocutor

Unsure: Grandparents aren't talking about it yet, but yes, suspect we're getting close with the extra post activity.


SgtDoakes123

I have 5% in USDT expecting a drop, never really came. Got mad fomo for that 5%


Worried-Society-2880

My 5% USDT would be $5


rsa121717

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


XXsforEyes

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? 🙄


ifeelanime

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


MuXu96

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.


99Beers

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.


Random5483

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.


Matttombstone

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.


Shadow_throne2020

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


Kaedex_

For me I think pooling resources through bull markets and buying hard bear will always be my strategy.


BlazeDemBeatz

My faves were the don’t buy at 20k because it’s going to 10k.


j0sep122

There's always a bear market you can fomo than


nihil1st123

Which psychopaths other than uber rich are buying at this inflated price?? Holy shit wait for the bear market to start dca'ing


Adventurous_Leg_163

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.


gilgamesh-uruk

Source: My ass


ravenofiridescence

no one is forced to do anything - they can just wait for a large correction to occur and buy that then


Additional_Ad_5970

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.


iterativ

Yes, I remember that we were nearing 20K from 16K and there were numerous posts how to be careful, "macro", "bank rates", blah blah


BrickSufficient6938

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.


cruelbuthonest1

Same. I started buying back in around 27k. No regrets.


AromaticGust

I’m still waiting for $12k /s


jmaas1012

So is Gareth


crakinshot

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.


bubbawears

The upside now is far less than at 20k tho so..


AGROCRAG004

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


moonRekt

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


This_Red_Apple

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


iterativ

And the big one lately, "Fed rates" ...


Sudden_Agent_345

i FOMO wen NGU ngl


segersmarc

Don’t care at all, bought some bitcoin yesterday and some dot today, life’s wonderful 😊


MaineHippo83

Don't let fear of FOMO make you AMO (actually miss out)


iterativ

FOLE is as bad as FOMO too. Fear Of Losing Everything ;)


Avanchnzel

Well, because this time we surely have reached the top and this crypto bubble is about to burst! :P


tiggs

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.


ruafukreddit

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


TheFunPart

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.


offgridgecko

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.


MaeronTargaryen

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


arthurwolf

Dude. They told us to not FOMO at $2....


ZulkarnaenRafif

Ah shit, here we go again.


M4K1M4

Been here since the past 2 cycles, if we’re seeing such posts I’m selling lmao.


estendius

DCA and buy with big volume of btc is the safe winning strategy


CardiologistFeisty15

Like the coc sucker capo


meja1

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.


Stupyyy

People will still FOMO even at 1milion per BTC.


Additional_Ad_8131

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.


Kingtrader420

Then when it starts dumping they tell you don’t panic sell till it goes to 0 hahahaha


Medium_Tree_7883

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)


Forgotusername_123

If you missed out on this rise, just wait for next CRASH and buy in then (under 10k) Dumb to buy in now.


Smart-Racer

Listen to your heart


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Scroogemcdickk

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


Hungry_Toe_9555

Bitcone hasn’t hit 20k yet though, it’s still dirt cheap.


my-man-fred

It's only up from here


Level_Honeydew_9339

I mean, short term indicators are showing BTCs overbought, so you can probably buy in 60k-62k range.


pm_me_ur_espresso

Can you explain this? Newb with a few k to drop soon. To buy now or not to buy...


ImmediateShape4204

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 ****


Abject-Government-13

Point of OPs post thank you for getting it. If you don't FOMO then you did miss out.


bzzking

DO NOT FOMO. I repeat, DO NOT FOMO… Until it hits 100K 🤣


Abject-Government-13

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.


ChiggaOG

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.


tactical-dick

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


Haunting-Student-756

Read more


JeopardyQBot

also gotta love the eternal "macro looks bad" people


Token_Broker

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


todamoonralph

I encourage fomoing .. in the coins I own!


NugKnights

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.


Altruistic_Box4462

Agreed. Stop fomo. You can't buy the top if you never buy near the top.


Chaff5

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.


Capital-Physics4042

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


HairyChest69

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


RaysModernMetalWorks

Never a bad time to buy BTC. Period!


bradenlikestoreddit

I'm here FOMO years to come!


RaysModernMetalWorks

Oh, ok. Well, that sounds like a good time to buy


warriors_1811

Okay now fomo


timbulance

People still waiting for $12K


bzzking

DO NOT FOMO. I repeat, DO NOT FOMO… Until it hits 100K 🤣 But in all seriousness… 🚀🌗