Do you ever JOMO? - page 3. | Bitcointalksearch.org

DoublerHunter

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

^ I have been experienced the same on this and fear will begin because thinking that it is possible a trap and after investing the price will drop.
It will only create a fear to invest not the excitement because you know the possibility that anytime the price will drop right after you will invest and probably it is a good time if you will wait until there is a correction. If you believe in the coin that you want to invest in, even if you are JOMOed still that is worth it to invest if the coin has potential.

Lanatsa

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Quote from: jrrsparkles on March 19, 2022, 10:40:02 AM

Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

Many times, especially with ethereum at some point. What about the price dumping simply after you sold that coin?

We need to find a new term for that as well.

Not all things should really be having an specific term.If you do sold out then the price had dump afterwards then that was a close call but on what are the things been stated on op are actually in short of also a

close one on where you had missed out but on a different manner.We do all experience this one on which we had made out some decisions which turns out to be delayed or missed out but turns out to be lucky

since you have seen that the price had plummet out which it do really give out that "phew" word out of your mouth.

Mpamaegbu

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Quote from: Ryker1 on March 19, 2022, 08:43:04 AM

Well if that is so --I have been JOMOed already when I was planning to invest SLP, my friend told me to invest but seeing the graph it was dumped so much but later on it was down and until now I did not yet decide to invest. That is right, it seems that is not a JOMO, it sounds like a fear to invest because you did not sure about the investment.

You're right. What you described in that post isn't JOMO or FOMO. It's FUD – Fear, Uncertainty and Doubt. I checked out the SLP you mentioned. It's not a bad token as such since it has something to do with Axie Infinity and it's a P2E. It's on Binance and many others. However, I'm doubtful if I could buy a token like that because it has an infinite supply. I need to know the maximum supply cap of any crypto I'm investing in before putting my hard earned cash on it. Otherwise I don't buy.

Quote from: jrrsparkles on March 19, 2022, 10:40:02 AM

We need to find a new term for that as well.

I think there's a universal name for it called "Regret"

fullhdpixel

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Quote from: Strongkored on March 18, 2022, 02:27:14 AM

Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

I feel very JOMO because it never touched at all DeFi when it was still very trending the same as NFT until now there has been none that I have and probably won't at all.

The defi and nft term are too general. Not all defi and nft projects are down and dumping but there are still few of them that manage to become successful now. I do not think you will feel jomo when you saw their positions now.

Investing when they are still starting can be beneficial because they are not in hype yet and there's only few people that invest on them but by the time they became too popular, more people then invest on and that should make their price pump but for now, the hype for defi and nft are slowly declining. I think investing on them is not really that recommended anymore. If you want to invest just go on the top coins.

jrrsparkles

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

Many times, especially with ethereum at some point. What about the price dumping simply after you sold that coin?

We need to find a new term for that as well.

teosanru

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

Yes so many times. In fact this has happened equal number of times as FOMO so many times I think of buying a coin and see it sinking next day and I get so happy. Also many times I was about to sell a long held coin but then I see it mooning the next day. But generally people will see that happening lesser number of times because we don't follow the trades that we have not taken. We generally only see the charts of the coins that we have brought and then continuously regret about buying or selling it.

Ryker1

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Well if that is so --I have been JOMOed already when I was planning to invest SLP, my friend told me to invest but seeing the graph it was dumped so much but later on it was down and until now I did not yet decide to invest. That is right, it seems that is not a JOMO, it sounds like a fear to invest because you did not sure about the investment. Sometimes it comes to my mind not to invest because I am afraid that the price will down soon and it will perhaps be the reason my investment will trap and need to wait for more time until it will recover. Whatever it is, --^{[JOMO or FOMO]} are the same meaning to, we should always have faith to bitcoin, hold as long as you can.

BITCOIN4X

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Quote from: South Park on March 18, 2022, 01:57:40 PM

This is my first time seeing that acronym, however I will have to say that never happened to me, for most of the time I have been only interested in bitcoin, now there was a time in 2017 in which I got interested in altcoins as well but since then after losing a little bit of money I simple went back to bitcoin and since then I have not looked back, so unfortunately, or fortunately I do not know anymore, I have never experienced JOMO during my whole time in this market.

Yep, I experienced it in 2018 when I bought a number of altcoins at a price of $2-$3 per coin to hold on to for the long term. But in reality I had to experience JOMO and the altcoin never again reached its ATH to this day. I had to sell all those altcoins even when I had to bear a loss of $2 per coin, it was a unique experience at the beginning of my introduction to cryptocurrency. But we can certainly have different things with bitcoin where over time we have experienced historic times with impressive price increases.

However, anyone who bought at ATH last December, today they experience JOMO for their investment. But given the good potential in the future, they must be patient to see a bigger improvement in the next 1-5 years.

Mpamaegbu

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Oh, mine! I've JOMOed a lot if I looked at it now, both in trades and investments. It's a great feeling to have if one had once experienced it. I'm cocksure every active trader and investor would've encountered such moments where they were extremely happy they stayed off a trade or investment that later went sour. Nothing beats that happiness and chest beating with a knowing smile that one was sagacious enough to have listened to an inner voice.

Quote from: Ararbermas on March 18, 2022, 06:47:18 AM

i mean when you buy because for you it's the right time of course there's a joy and fear at the same time. Lol

If you experience fear after buying in, it's called doubt. Fear before buying in is quite understandable but fear after buying in isn't a good sign.

sana54210

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Quote from: Oshosondy on March 18, 2022, 07:26:56 AM

According to coinmarketcap, Zugacoin is still trading on IndoEx, PancakeSwap and BankCex with a very low liquidity confidence in the three exchanges, it is a coin not even to go for even when the price is so low at this time, it is just one of the shit coins that could later become dead, if the liquidity is very low on the exchanges it is listed, very possible the developers of the coins still finding ways to sell it to make more money or those that are trapped just want to sell.

Those type of projects usually handle it with care by the creators. They know that they could make a lot of money from it even with low liquidity, after all they only need to collect as much as they can and sell at a higher price and keep doing that. If they could realistically keep on buying at a lower level and sell at a higher level then they will do that to make it look like there is still a chance to make money.

This does allow a few people to make money, only some investors until it goes down, but then they will take it higher again and so forth. I have been in crypto long enough to see this happen to most coins and they all eventually die when the creators stop.

South Park

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

This is my first time seeing that acronym, however I will have to say that never happened to me, for most of the time I have been only interested in bitcoin, now there was a time in 2017 in which I got interested in altcoins as well but since then after losing a little bit of money I simple went back to bitcoin and since then I have not looked back, so unfortunately, or fortunately I do not know anymore, I have never experienced JOMO during my whole time in this market.

palle11

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Quote from: palle11 on March 17, 2022, 09:49:02 AM

Every time in trading we experience both JOMO or FOMO. This is certain to be so with our trading.

Quote from: stompix on March 17, 2022, 05:57:10 PM

How the hell is this even possible?

With the explanation from OP on JOMO , Joy of missing out , when you change your your mind of a trading order and stay out and you the next hour you see direction of price against your earlier position that would have ended you in lose, you are likely to be happy for staying out.

FOMO as you know is fear of missing out. This is opposite of JOMO kind of. In FOMO , you enter an order hoping for profit rather than staying outside. Anyway in FOMO you may lose or gain depending on the eventual direction.

slaman29

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I thought I've seen it all but I guess there's always a new term to learn haha.

But yes, for sure, I've always taken all of my lessons learnt from ICO days. And sure I miss out on many but I also missed out on many scams just by choosing to no longer support fundraising projects. JOMO is nice

I remember there's an old term I used to see in Pump and Dump groups: YODO: You Only Dump Once!

Oshosondy

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Quote from: Maestro75 on March 18, 2022, 03:51:37 AM

Zugacoin (SZCB) is still trading on three exchanges and Pancakeswap is one of them. Current price is at $511. You can find that on coinmarketcap. Information on coinmarketcap shows that it reached peak price at $285,677 and that was in September 2021. I find it unbelievable still. How did it get to that price and not much was said about it last year? Wakanda Inu is a shitcoin like most memecoins. Those who out their money in it only wanted to risk it. Some got out with profit while some got trapped there.

According to coinmarketcap, Zugacoin is still trading on IndoEx, PancakeSwap and BankCex with a very low liquidity confidence in the three exchanges, it is a coin not even to go for even when the price is so low at this time, it is just one of the shit coins that could later become dead, if the liquidity is very low on the exchanges it is listed, very possible the developers of the coins still finding ways to sell it to make more money or those that are trapped just want to sell.

Ararbermas

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

JOMO and FOMO seems the same for me in my view although their acronyms are not but still as is. Cheesy

i mean when you buy because for you it's the right time of course there's a joy and fear at the same time. Lol

Flexystar

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I did JOMO many times but this is first time I am hearing about this word. The word is coined in proper way explaining my situation; lolz. I think it is both way correct whether you buy a coin and then it goes down OR when I am selling my portfolio thinking that I have already profited enough but then the next thing I see whole crypto is going up like heaven. Wink

I think that is also JOMO. As you see you could have had more profits as compared to what you might have got by selling early. I think FOMO, JOMO these are the words with which we live up the crypto!

Wind_FURY

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

Hahahahaha! I currently only buy, and HODL Bitcoin. I have not felt the JOMO feeling in a very very long time. There was a few months when I was in my days as a "day-trader" that I felt that very laughable feeling. I believe there are JOMO feelings everywhere during the current stage of the market.

Maestro75

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Quote from: Oshosondy on March 17, 2022, 05:25:59 AM

This has happened to me two times before, the first was a stupid coin which is like a scam coin called Samzuga coin, I do not think the coin is still existing, the price dumped around that time from over $200000 to $6000. Another coin is Wakanda Inu, if I bought it, I would be losing by now.

Zugacoin (SZCB) is still trading on three exchanges and Pancakeswap is one of them. Current price is at $511. You can find that on coinmarketcap. Information on coinmarketcap shows that it reached peak price at $285,677 and that was in September 2021. I find it unbelievable still. How did it get to that price and not much was said about it last year? Wakanda Inu is a shitcoin like most memecoins. Those who out their money in it only wanted to risk it. Some got out with profit while some got trapped there.

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Quote from: libert19 on March 16, 2022, 10:36:28 PM

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

I feel very JOMO because it never touched at all DeFi when it was still very trending the same as NFT until now there has been none that I have and probably won't at all.

carlfebz2

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Quote from: Johnyz on March 17, 2022, 05:43:34 PM

Most probably you lose to get in early and that’s why you also miss the opportunity to make money in short term but at least you’re safe in long term because of the price dump and maybe that project turns into a scam project. I usually feel this when I see new tokens, they pump at first with a good hype but after a month the price starts to correct until it hit the bottom, so yeah there’s a joy on that for not buying.

When you had just missed out something then you would just make yourself to be relieved when you see the the prices had plumetted down neither it was just too short or too long of a wait.

Im not surprised that there are lots of Abbreviations been created here on the community which is really truly happening in the market on which most of these situations do get involved with
your emotion.

This is why you should really be that wise on making out decisions but it isnt bad to hesitate and make out some second thoughts basing up on the situation.

Topic: Do you ever JOMO? - page 3. (Read 539 times)