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Topic: Brace yourselves, there is FOMO coming (Read 660 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
January 13, 2020, 05:01:12 AM
#54
FOMO is constantly present in the crypto world. I don't see a day passing without FOMO around some coin. In some moments that FOMO can be stronger than usual, but it is always somewhere around. FOMO is not a bad thing, in all cases, sometimes we really feel like we can miss something big, it's in all of us.
Well, what can we do? It's an open market and everyone has the right to buy if they feel to replace their lost coins. I think there's a smaller FOMO which is making a price to pump slowly and a big FOMO that i think only whales can do. They can make the market to pump higher than what we've expected.

We do what we think is best for us! It's an open market, everyone has the right to do whatever they want, and you have the same right. We develop ourselves every day, your character is getting stronger, you resist some influences from around you and you learn to make decisions based on your research.
I don't care what wales do, they have more possibilities, like every rich person. What we need to do is to try to be focused on what we do and in what we believe, with FOMO or without it, some emotions should be put on a side when we make decisions for our future.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
January 13, 2020, 02:06:26 AM
#53
as we entered 2020 and the first week is coming to an end, price has picked up and started heading towards $10k as it was expected before.
like all the previous times i again expect another FOMO to start due to this rise that would bring the price up in a sudden and big move. the only question remaining is about when it is going to start.

we saw a small version today as price jumped up from $7300 to $8300 but that is the small FOMO. i think we can see price easily jump up above $10k when it starts.
It is entirely possible that tensions between the US and Iran will increase. I think now there are many people who have the psychology that wants to buy bitcoin to be able to escape the consequences of WW3. Therefore, when global political and financial instability is at risk, the value of bitcoin tends to go up. It can even go back to ATH or break out at $ 20k and rise to $ 40k. This Halving event will certainly be a huge boost, the crowd is thinking so and the excitement is quite similar to the dot-com bubble period of the internet.
hero member
Activity: 1498
Merit: 785
January 13, 2020, 01:38:11 AM
#52
when approaching halving maybe a bigger FOMO will occur, maybe a price of $ 10k will be reached.
we just need to get ready and buy some BTC today. Halving bitcoin is a long-awaited event.
the current market is in better shape than yesterday. some altcoins recover even a few percent.
legendary
Activity: 1596
Merit: 1034
January 13, 2020, 12:50:47 AM
#51
I think people have learned by now if the FOMO is just another trap or not, remember 2017 is a big lesson in FOMO, and if people are not being careful, chances are history is going to repeat itself and people will get victimize again by FOMO,  investors especially those who are newbies should only invest what they can afford to invest and do not fall for FOMO, always invest in the safe side.

you are confusing one sub-type of FOMO called bubble with FOMO in general. we have lots of different types of FOMO in bitcoin market, the end of the cycle FOMO that leads to the extremely exaggerated price at an ATH within a very short time is the bubble. and yeah it ends badly for a long time for those who enter then.

but other types of FOMO also exist. for example last year we saw multiple cases of it with 2 major ones. the most known one is when price suddenly jumped from $3800ish to above $5500 and then continued going up. entering there even in FOMO was the best decision anybody could make except for those who bought at the bottom.
well you can not blame those people who go all out FOMO and realized they got trapped in the peak bubble , there is a small differences between which also could always misleading people into having a clear understanding about these two.

the FOMO situation is still in the fundamental value , while bubble exceeds its fundamental value.
i tend to agree that the incoming FOMO is near.

not to mention that the bitcoin halving factor laways there haunted and people don't want to go MIA -again- .
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
January 13, 2020, 12:30:13 AM
#50
I think people have learned by now if the FOMO is just another trap or not, remember 2017 is a big lesson in FOMO, and if people are not being careful, chances are history is going to repeat itself and people will get victimize again by FOMO,  investors especially those who are newbies should only invest what they can afford to invest and do not fall for FOMO, always invest in the safe side.

you are confusing one sub-type of FOMO called bubble with FOMO in general. we have lots of different types of FOMO in bitcoin market, the end of the cycle FOMO that leads to the extremely exaggerated price at an ATH within a very short time is the bubble. and yeah it ends badly for a long time for those who enter then.

but other types of FOMO also exist. for example last year we saw multiple cases of it with 2 major ones. the most known one is when price suddenly jumped from $3800ish to above $5500 and then continued going up. entering there even in FOMO was the best decision anybody could make except for those who bought at the bottom.
sr. member
Activity: 1008
Merit: 355
January 12, 2020, 08:03:52 PM
#49
as we entered 2020 and the first week is coming to an end, price has picked up and started heading towards $10k as it was expected before.
like all the previous times i again expect another FOMO to start due to this rise that would bring the price up in a sudden and big move. the only question remaining is about when it is going to start.

we saw a small version today as price jumped up from $7300 to $8300 but that is the small FOMO. i think we can see price easily jump up above $10k when it starts.

I am actually hoping for a big pump that can catapult Bitcoin beyond the $10,000 zone maybe even into $15,000 but we need literally big FOMO for that, let's see if the coming halving can be that catalyst needed for that big FOMO. Bitcoin can rise if there will be corresponding demand for the coin manifesting in the market and whether that can be manipulated or not I really don't care much because as an individual I can't do anything about it. The waning possibility of the Iran-USA war had done some good push for Bitcoin lately and now we are looking for another push but I am not really sure if the halving can do it but am still hoping.
sr. member
Activity: 1372
Merit: 264
January 12, 2020, 04:43:55 AM
#48
This is obviously gonna happen much more soon and what's why we don't need to be surprise anymore and this is the strategu for some people to manipulate them and change the flow of the market. We cannot stop them but we can change the mind of people who is believing them by spreading a good analysis and predictions that might really happen.

And trusting those negative people might really change the way you trade and analysis the market can be bad for you since you don't trust the right flow anymore.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 11, 2020, 12:31:44 PM
#47
FOMO is constantly present in the crypto world. I don't see a day passing without FOMO around some coin. In some moments that FOMO can be stronger than usual, but it is always somewhere around. FOMO is not a bad thing, in all cases, sometimes we really feel like we can miss something big, it's in all of us.
Well, what can we do? It's an open market and everyone has the right to buy if they feel to replace their lost coins. I think there's a smaller FOMO which is making a price to pump slowly and a big FOMO that i think only whales can do. They can make the market to pump higher than what we've expected.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
January 11, 2020, 11:40:06 AM
#46
FOMO is constantly present in the crypto world. I don't see a day passing without FOMO around some coin. In some moments that FOMO can be stronger than usual, but it is always somewhere around. FOMO is not a bad thing, in all cases, sometimes we really feel like we can miss something big, it's in all of us.
hero member
Activity: 1624
Merit: 500
January 11, 2020, 11:22:24 AM
#45
At this moment that I'm posting, BTC is worth 8k USD again, after one day before the level of 8k

I think we need at least 13k USD (the higher price of 2019) to start a fomo and a new bull run, people are still afraid to put more money into, but after 13k I think everyone will think that will pass 20k again
I think people are already thinking of holding back in the long run because the price has suddenly risen to $ 8k. however, now people have begun to realize this enormous price increase.
At present, people have started FOMO, but if the price is even higher, it seems like people will respond to this price increase with extreme caution. Well, people have started buying and selling assets
sr. member
Activity: 2030
Merit: 269
January 11, 2020, 11:18:49 AM
#44
as we entered 2020 and the first week is coming to an end, price has picked up and started heading towards $10k as it was expected before.
like all the previous times i again expect another FOMO to start due to this rise that would bring the price up in a sudden and big move. the only question remaining is about when it is going to start.

we saw a small version today as price jumped up from $7300 to $8300 but that is the small FOMO. i think we can see price easily jump up above $10k when it starts.

I think people have learned by now if the FOMO is just another trap or not, remember 2017 is a big lesson in FOMO, and if people are not being careful, chances are history is going to repeat itself and people will get victimize again by FOMO,  investors especially those who are newbies should only invest what they can afford to invest and do not fall for FOMO, always invest in the safe side.
legendary
Activity: 2464
Merit: 1102
January 11, 2020, 09:18:48 AM
#43
Do not forget that there has been a lot of people who are claiming halving will result with price going up no matter what. Some people do not even want to see the fact that maybe price is already considered in the current date and halving will not make a huge movement because we all know it already and positioned ourselves accordingly?

I still think there is a huge chance bitcoin going up and all of it due to these people thinking halving will increase the price (if you think price will go up, you buy, when you buy, you increase the price) however I doubt it will be because miners want more money etc etc, it will be all because people focus on halving so much that they just keep on buying and buying and that results with price going up. Basically FOMO births FOMO.
legendary
Activity: 1498
Merit: 1000
January 10, 2020, 11:09:26 AM
#42
At this moment that I'm posting, BTC is worth 8k USD again, after one day before the level of 8k

I think we need at least 13k USD (the higher price of 2019) to start a fomo and a new bull run, people are still afraid to put more money into, but after 13k I think everyone will think that will pass 20k again
Prices are rising rapidly after the correction has ended, currently the price of bitcoin has reached $ 8150 and is still going up. The current Fomo market is just beginning and in January, bitcoin price will reach $ 10000 and then will keep going up until halving. I don't know bitcoin can achieve ATH like 2017 or not? But given the current situation, investors who have purchased bitcoins below $ 8000 will surely be very profitable in the next few months.
legendary
Activity: 2366
Merit: 1408
January 10, 2020, 10:51:00 AM
#41
At this moment that I'm posting, BTC is worth 8k USD again, after one day before the level of 8k

I think we need at least 13k USD (the higher price of 2019) to start a fomo and a new bull run, people are still afraid to put more money into, but after 13k I think everyone will think that will pass 20k again
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
January 10, 2020, 10:17:38 AM
#40
Rather than the FOMO kicking in, I think it was the BOPNM....lol, or the "boredom of price not moving"

Everyone was expecting something to happen in December, another bull run like in 2013, 2017, or finally, the effects of the so much anticipated halving to show in the market orders. I've seen this around the forum and around other social media, everyone was expecting the price to go up a bit if not too late October levels.

FOMO, no! A small bump and now it is over.

FOMO, yes but a small FOMO. and it usually starts like this. you are correct that there is a boredom of nothing happening but that also means there are a lot of people with money waiting to buy in and 90% of them will only start panic buying when the price passes a certain higher level so that they can be sure there is no more drops!

in any case, i am both disappointed and excited about the current trend. despite all the FUD that has been trying to crash the market price is still staying around $8k (currently $8050) and seems like having a tendency to continue going up.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
January 10, 2020, 10:16:52 AM
#39
For now, see a lot of people really believe bitcoin will pumped i think will make bitcoin really pumped. Although there are some others who said that we should prepare if halving don't bring positive thing to bitcoin but for me, bigger possibility $10000 or maybe $15000 can be reached.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
January 10, 2020, 09:29:24 AM
#38
Everyone was expecting something to happen in December, another bull run like in 2013, 2017, or finally, the effects of the so much anticipated halving to show in the market orders. I've seen this around the forum and around other social media, everyone was expecting the price to go up a bit if not too late October levels.

When I think for a moment how most people in the forum think completely wrong, it is not at all strange to me that those who are limited by information make completely wrong conclusions. Expectations that the end of 2019 will in any way be similar to 2013 or 2017 clearly shows that people do not understand halving at all. That big pump everyone dreams of can only happen after the halving that is in May 2020, at least that was the case in the past.

I can't get rid of the impression that at least 80% those who are in any way involved in the world of Bitcoin do not understand the basics of the basics. While others buy and accumulate, they are waiting for some new prophecy from John McAfee - and guess what's new, he broke one more promise - this time the BTC is not in question Shocked
sr. member
Activity: 952
Merit: 250
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January 10, 2020, 06:46:49 AM
#37
since the increase, it looks like prices have started to decline again. who knows what affected this sudden decline and increase. it's just that, earlier this year it was like a signal to buy bitcoin in large quantities. it is indeed only a matter of time, so, buying bitcoin or collecting it now is highly prioritized. I believe that prices can get to $ 10k before May.

Just an enough timeline for $10k, it's a reversed idea from other speculators because mostly thought it could happen as early as January or February. Hard times happened unexpectedly, we shouldn't expect bitcoin to be easy as that. In fairness with lots of holders, the market still behaves so silent, even if there's a slight pumps experienced this week it doesn't mean we will be confident. Anytime the market might crash down, and if there's a fomo coming I would rather expect 50/50 chances.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
January 10, 2020, 06:23:46 AM
#36
since the increase, it looks like prices have started to decline again. who knows what affected this sudden decline and increase. it's just that, earlier this year it was like a signal to buy bitcoin in large quantities. it is indeed only a matter of time, so, buying bitcoin or collecting it now is highly prioritized. I believe that prices can get to $ 10k before May.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
January 10, 2020, 06:22:34 AM
#35
When such scenario happen it is always good to hold than falling for the FOMO.

When there is a FOMO it could potentially result to a bull run and there is no sense of holding further if we are already seeing a profit.
Being greedy is bad, at least we learn from our past mistakes in 2017 where everything was pumping but we choose to hold and aim for more, that's greediness.
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