Has FOMO started again?

in #crypto6 years ago (edited)

The Fear Of Missing Out seems to be taking place in the crypto community once again .
The market has recovered over ONE HUNDRED BILLION DOLLARS in a little over 24 hours and it doesn’t look like it’s going to stop.

The news about the G-20 skipping crypto regulation this year, the great approach of the US government to Cryptocurrency and Blockchain, as well as Putin’s victory in Russia gave confidence to the still doubtful investors.

I hope the people getting into the Cryptocurrency community right now are long term HODLERS , so we can stop seeing the crazy up and downs, or the reds and greens of the market capitalizations 😁
.
BOOOOOOOOO!

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The only and only way to stay ahead of our FOMO is to be educated and crypto broad market lacks it . The smart investors got in right at the bottom and mass people getting in now who sold at the bottom too. FOMO is real and strong emotion , ignorance doesnt cure it education does. Thanks for the spotlight on FOMO. Overall bull market also increase the purchase power , so some of the buys are portfolio adjustments in my opinion.

Thank you for sharing your insights 😊

Thanks for the heads up .

i am not suffering fomo, but i should know this
thanks for this.
@upvote and @resteem is done

it is very helpfull post, thanks for sharing..
@upvote & @resteem is done

the pic of you upload is very funny dear @melip sir and this is good news for me.
@resteem & upvote also done.

Thank you very much for sharing a very good. crypt. fomo . post and share it

So my thoughts are many got FOMO- dumped AIM and moved to Crypto or started off straight with Crypto/BTC - if they didn't catch the right entry- they are likely to be suffering big losses and unlikely to want to experience that again by speculating in a high risk market like aim
@resteem it

Great point my friend. I appreciate your help te-STEEMING my post. Thank you 🙏

really its an informative post for us dear @melip sir..
@resteem & @upvote is done

Nice 😊
Upvote and resteem @melip

It s really informative post with a funny pic I enjoyed it thanks for sharing this post dear@ melip

When people are buying crypto they should just assume the money is dead and gone and ignore the price afterward. Same with gold and silver. Even lock it away if tempted to sell. Since bitcoin hasn't gone to zero, and since real bubbles (with no underlying value) don't recover from popping it is safe to assume that, where as there is plenty of speculation in the markets driving crazy price swings, the overall trend is definitely bullish. At least imo. But I am not a professional, nor should such be construed as any kind of advice worth betting on- just an opinion.

Point taken 😊

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