Topic: Are you feeling FOMO like I am? - page 4. (Read 1120 times)

I believe everyone is feeling this way, just to varying degrees. It's hard to resist the allure when Bitcoin keeps surging, despite constant predictions of an impending correction from the wider consensus. Those who haven't established a position and are waiting to buy at a lower price are truly restless. I've missed out on buying Bitcoin at two good price points, $16k and $25k. I'm experiencing some serious FOMO even though I've been in this market for two cycles. This year's Bitcoin cycle is particularly uncomfortable.

But let's take a step back to see the bigger picture. Bitcoin has been on a continuous rise since the beginning of the year, with no significant correction yet. Moreover, it's getting very close to the $48k resistance zone, which isn't easy to overcome at the moment, in my opinion. So instead of FOMOing into Bitcoin right now, perhaps I should consider some promising altcoins for short-term profits before the market undergoes a significant correction.

For now, many people are taking the opportunity first before 2024 starts. especially at this time where it is better to prepare in advance than to be late. As for what the results of the Bitcoin ETF will be, sometimes we don't pay attention to it, because for those who know Bitcoin and aim for long-term investment, of course it is still worth investing at this time. and sometimes many people think that the end of the year is the time for crypto to increase

I've been there too, but sometimes there is just some feeling that you will need to add more from what you have been purchasing at a lower price via DCA. This kinda similar to FOMO and it is a feeling of greed that we need to take advantage to maximize our profit from the current price surge.
Some may even think of getting a loan to try and add something to their holdings especially in times like this. Those who has been here for quite some time already know what kind of price we are anticipating in a few months away from the bitcoin halving and the post halving pump.
But then again, those who have been accumulating from the start will not totally going to be affected by FOMO.

Yea, I do. So many coins seem so tempting to buy but where is liquidity? I actually seem more satiated in bear season, everything rising makes me so restless.

Many people are in the same situation as you think about the current market situation. The bull run that was supposed to start next year has already started but ETF approval is not yet. Whalers will want to take that opportunity. Whales will prepare their holdings for the potential bull market. They will get the highest price when the bull market starts. I think the market will pull back a bit again if the Bitcoin ETF is not approved, but again bull market will come because of the halving. Meanwhile Bitcoin price has reached 44k which is more than expected according to the time. For those who haven't invested yet, it's best to wait till ETF approval. But those who are reluctant to invest for long term can still invest.

FOMO, or fear of missing out, often leads people to make impulsive decisions based on fear of missing out on potential gains. This can often lead to irrational buying behavior, especially when it comes to investing in assets like Bitcoin. For those who already hold Bitcoin and are looking to accumulate more, this may not necessarily be considered FOMO buying. This is because they are already invested in assets and are looking to increase their holdings for strategic reasons rather than simply following the crowd. Whether you're excited for a potential bull run or content with your current holdings, it's part of a range of perspectives within the crypto community. As long as you're making informed decisions and staying true to your own strategy, that's all that matters.

If you say FOMO, I don't think I feel that way. But I was a little surprised when bitcoin hit 44K. There is also a feeling of wanting to buy, but I don't feel afraid of missing out. So you could say maybe I didn't experience FOMO when bitcoin hit 44k. But more like just surprised.

Bitcoin hasn't crossed it's all time high yet and the price of bitcoin isn't that close to that yet that it's not worth buying more bitcoin now, I feel like anytime is a good time to buy bitcoins as long as you are going for the long-term investment in it. Plus if you trust bitcoin so much and you have a really high selling price goal like 100k and up then it's no bones for you to buy bitcoin right now and just continue hodling, it's not a mandatory thing for you and anyone to sell all their bitcoin when they feel like they've bought at a certain price range that they're not happy to let go off, just sell the part/amount of bitcoin that you have already doubled or tripled your initial purchase and then hodl the rest.

On the one hand, I also feel the same way, but because I try to maximize it as best as possible, I don't think too much about it. When you see a wallet with an estimated amount of bitcoin to local currency it is quite tempting and you might think one thing, why don't we buy as much as possible when the price is still not as bullish as it is now. In fact, we will always be late when what we want starts to show big changes and so that we don't regret it, buy using DCA so that we can slowly increase the number of bitcoins we have.

This must be another consideration and when you have the opportunity to invest, do it because if you delay we will miss the opportunity to make big profits in Bitcoin. Imagine if this was reviewed by people who don't have any bitcoin at all and I'm sure they are quite regretful now, because they had the opportunity but they didn't try to take the opportunity that existed.

Bull market already started since march 2023. People expect to have the same momentum of price in 2021 to consider that the bull market is starting. In the first place, I didn't expect that to happen because it's different, there's is no resistance we can see in the chart of 2021, but in 2023 chart there's a lot. That's why it's difficult to see an continuous impulsive momentum of price since there's a lot of resistance above, and it takes a huge demand to surpass that areas. I'm so glad that the price hit $44k in this early even though there are lot of negative news related to Bitcoin, this only means that the maturity of Bitcoin is now began.

If it doesn't hit $50k at the end of the year, there is still plenty of time for Bitcoin to hit $50k, as long as we are in a long term hodl and keep our cool and just do our regular DCA activities, I believe any changes of prices now won't affect our Bitcoin investment strategy.


I think we can't remove the excitement of the idea of Bitcoin surging because Bitcoin surge means more profit for us.  But I think to those people who have seen higher price of Bitcoin, they won't enter in FOMO stage because they know that it will take time for Bitcoin to break the ATH.


This is good for short term investors but to those who plan to hold Bitcoin for a decade or more, I think this kind of price movement has little effect on them.

I saw Bitcoin at  $69k , + $16k,  and now $44k . I don't think I have an inch of fear of missing out. I have been here , I am here and I will still be here doing my biweekly DCA bull or bear season. Bitcoin will most definitely hit $50k on or before December 31st

For us people who do have that experience then we wont really be having that kind of excitement on seeing these current jump or surge in price or simply we have been get used to it but cant really be denied that
seeing this price once again do really give out that bit of excitement and positivity considering that we've been dealing up with bear market for a couple of years and now the price is really that heading back
on where it was before and now trying to reach out again that previous all time high. Feeling FOMO? Nope! This is really just that an ordinary day on crypto where price do pumps and then make out some
correction laterwards.

The best thing to do is you should really know on how to utilize these movements for you to be able to make profits on the time that you do make a good entry.
This thing what matter the most and also you should not really make yourself that being impulsive on buying specially on being scared on missing out because
once correction happens then this is where impulsive actions do happen.

I think we have long entered the bull season, but we don't see it like that anymore because 100% or 200% doesn't sound like much compared to the outrageous gains Bitcoin has made some years ago.

We need to be more realistic about what is happening not only on the infrastructure side of things and how institutional money keeps flowing into the space, but also in terms of the price. just remember where our last low was and where we are now and how much time passed in between, then I think we could with certainty say that we are in the midst of a bull run that has been going for a while. We had some sidewards movement from time to time and it was pretty quiet I admit, but still these corrections and going back and forth at some price points wasn't really that Bitcoin didn't move.

It felt a bit as if some of the things have to fall into place first before it gets going again, but it is more like a bull that was held back by some ropes. So technically, I guess you are right because we had some phases that were so calm, but it was a gradual and strong increase for quite some time now. It depends on how you draw the line in the charts and what time window you choose.

Anyone who is looking for profit or haven't invested into Bitcoin when it was trailing between $15k to $20k will be feeling the FOMO as it's a natural phenomenon. This is the time when some of them gets onboarded at wrong time if they are a short term investor because once the price has reached such level there are always possibilities of correction but also there are chances of going further and achieving new ATH.

Let's say a person wants to invest into Bitcoin when it was trending at $30k earlier this year and then it dropped below $20k hence the person didn't invest in the fear of losing it further but now when it has reached ATH of 2023 this person will be in FOMO since it has increase by 2x from the time he decided not to invest and sometimes end up investing when Bitcoin is at peak which can backfire when it drops.

I Personally don't feel FOMO this time since I have started accumulating BTC throughout the year as that's the best way to stay safe atleast you will be above breakeven in most of the situations.

Should we call this feeling FOMO? because you are not missing out on the opportunity overall, you are at least getting benefit from the buying you have made. I think you should set a limit for you. I did not set any limit for myself but after acquiring $1000 worth of BTC (please don't judge my investment) I started to think I should not invest more. Then I started to realize the potential of alts too and from then I am making small investments in alts and made a little profit too as the market is bullish so making a profit is a lot easier now.

Well, the point is, I set a limit for myself but still I somehow Invested another $500 in it but now I said to myself that I will stop fully and will not invest more, and not doing it anymore now. You should also set a limit for yourself. But if you are planning to buy more BTC and you have the funds then what's bad in buying more? I do know you have plans to hold for long terms as I read your previous posts too.

But if you think BTC will come down or you predicted it will but it is showing unexpected uptrend movements then it is better to invest with a small percentage of your money now and then wait for a small correction, I heard somewhere that the first week of the January will be more volatile and we might see a downtrend at that time. What you think how true it is.

It's actually normal feeling that way since we have this greedy part of us that would always want to grab as much as we can as long as it's all about profits, most especially if you know where the market and bitcoin ate actually heading to. So I share the same feeling as well, the reason why I still pursue doing DCA everytime I have spare money so I won't miss any opportunity to invest. Bitcoin is the future, and I'm feeling this will give us a break later on.

However, there's no wrong if you FOMO with bitcoin as long as you have enough funds to sustain your investment, but if you do it with altcoins and meme coins, that's where the danger starts to happen. Prepare yourself then from losing any time.

First bitcoin has always been an object of FOMO even if you have a lot of it started already,  but much more for low-income individuals who choose the long-term Bitcoin accumulation path and with a low cash flow, it is just a natural phenomenon with Bitcoin.

If you have the fear of losing out it then means that you are still a human and it is your natural considering the kind of information that you are open to,  makes it very easy for you to experience that FOMO feeling and you shouldn't hit yourself for feeling so and if you have some spear cash received you may go ahead to hold more Bitcoin instead of stable coins or fiat.

I have a similar feeling just like you, i am so excited about this bullish trend we are witnessing and it is a sign that we are fast approaching the bull run. I have every feeling that this trend will continue till the bull run arrives and i am overly excited that i keep checking checking bitcoin price to see how far we are going. It is a great achievement for all bitcoiners and we all hope to see the price keep rising.

When the price went from $39,000 to $40,000 and kept rising I also had the same feeling of not having enough bitcoin because I expected it to keep rising and this feeling got even worse when it got to $44,000 and i even got tempted to swap some USDT for bitcoin but it is not my strategy of accumulating bitcoin and if i do i will go against my strategy.

We will eventually keep accumulating more as we anticipate more increase in price but it is better to not let FOMO get the better of us because the price cannot keep rising and there is every possibility that after buying at a higher price the price could go down. There will still be a chance to buy when there is a dip.

Ahh, the market is at the level where I do not want to accumulate anymore. However, I'm still happy with whatever I own because having no control over greed emotion can be a bigger disaster than having a small figure in the Bitcoin in the long time frame whoever is buying is making decent buying. Still, in the shorter time frame if a person is taking entry he's rushing himself and getting prey to FOMO which is not a good sign for a good investor.

I'm still expecting a decent correction in this price range I'll prepare well for any dip to buy back the desired amount. Until that time lets enjoy the Green market zone. We are just 34% away from the ATH, Let's cross 50K by the end of the year and I've been feeling overhyped about this healing event.