After what happened post 2017 all time high. I think most people are pretty much cautious with there move. But of course there are those who have just entered the market once again and do not want to miss this bull run.
Speculation and prediction are part of Crypto market. Even if the market is down or up people will always do it as it helps in building a hope.
Topic: Are we entering the FOMO and speculative stage...? - page 2. (Read 282 times)
Well, as time goes by there are new people who entets the crypto shpere. So, I guess the FOMO mentality will never get old. As soon as the market price increases in a significant way, people sell out their alts and join the bitcoin train. Of course, everyone wants to grab as much money as they can.
Bitcoin just breached the $8K level and many are wondering if it is not yet too late to get into the game and produce some profits. There are already many predictions that it can just take some days for Bitcoin to get into the $10K level if the same trend will persist. People are now starting to reminisce the coin performance in 2017 where it almost get into $20K.
Now, I am wondering...are we now experiencing the FOMO stage where people are riding the bull so they won't miss the opportunity for profit? Are we now in strong speculative stage? Or has the market already matured and we are seeing cautious moves?
Hands down, Bitcoin is getting to be interesting as the bear is kicked out and the bull is ushered in...
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