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Topic: Don't miss the FOMO (Read 144 times)

full member
Activity: 588
Merit: 107
November 28, 2018, 11:13:04 AM
#15
I see no FOMO for ordinary people who are not in crypto yet to join.
There will be FOMO once bitcoin rises again and IT will. We just don't know when.
This crypto winter is brutal, I think it way extend until December 2019. People need to forget and move on, then we'll slowly see a reversal.
member
Activity: 616
Merit: 11
November 28, 2018, 11:09:57 AM
#14
The fomo factor should not be underestimated. When the world realises that bitcoin is going up and up you'll be surprised at how quickly the market can pump. Best to get in beforehand
full member
Activity: 672
Merit: 109
November 28, 2018, 10:51:38 AM
#13
Almost all of the coins price is now huge low and most of those are good coins to pick. Almost all of the weak hands already left the market. Whale are being bigger. I think it's time to pick yours too. Otherwise, you will miss the FOMO.
I have filled a lot in this dip. Don't have an available fund to invest some more.

I think you undestand and use word FOMO in a wrong way, from you sentence I understand that FOMO = opportunity but it isn't, FOMO is a fear to miss good opportunity.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
November 27, 2018, 05:44:03 PM
#12
I will buy some but not today, you buy also altcoins or only bitcoins?
You should diversify to both of coins. Bitcoin will have got total control over whole of cryptocurrency. I'm waiting for the golden time to buy bitcoin and altcoins again. It's really important to buy bitcoin consider that has become our base pair to the altcoin.
full member
Activity: 686
Merit: 131
November 27, 2018, 05:21:19 PM
#11
I'm not sure its a matter of weak hands selling off.
I think it's more that everyone is just hodling and no one is buying.
Trading volume is crazy low, I'm guessing most investors have lost so much that they figure they will just hodl on forever.

And we also have a mini global stock market crisis going on.
This means that there is no hope for new money to come in from traditional institutional investors.
Plus, all the hype surrounding crypto has died down, its not really in the news anymore or is trending at all.
That means no new money from average people.

So I too will buy now, but I already set my buyin price at BTC $2500 because I believe it can go lower.
If I miss that price point, then I'm ok with that.
full member
Activity: 518
Merit: 134
November 27, 2018, 05:15:46 PM
#10
I actually have the same fate as you, there is no money to trade, while income from the bounty is unreliable, ICO investments are like being deceived. I hope that by 2019 all will be back to normal.
jr. member
Activity: 196
Merit: 2
November 27, 2018, 05:12:05 PM
#9
Almost all of the coins price is now huge low and most of those are good coins to pick. Almost all of the weak hands already left the market. Whale are being bigger. I think it's time to pick yours too. Otherwise, you will miss the FOMO.
I have filled a lot in this dip. Don't have an available fund to invest some more.

I think you're mixing muddling things up here. FOMO only kicks when there's a bull run on any coin making some people buy at the top. That being said, this is definitely a time of accumulation, a time to buy in on some very good coins whose prices are currently as a very good bargain. So, it actually pays to buy now and not when there's a rally. But it's also important to stagger your buys at this time as it's difficult to tell if the bottom has been reached yet
jr. member
Activity: 182
Merit: 2
November 27, 2018, 04:42:59 PM
#8
Almost all of the coins price is now huge low and most of those are good coins to pick. Almost all of the weak hands already left the market. Whale are being bigger. I think it's time to pick yours too. Otherwise, you will miss the FOMO.
I have filled a lot in this dip. Don't have an available fund to invest some more.

What happens when these whales sell their coins? It would be drastic in terms of the market value. But, As you said, there is an anxiety of excitement that can be achieve at the moment, there is enough reason to buy now and invest. If I am going to pick, I'll still choose bitcoin.
full member
Activity: 518
Merit: 101
November 27, 2018, 04:37:28 PM
#7
if you look at the current situation, this is not a situation that is arguably FOMO, maybe some prices have improved, but not completely, maybe it could happen the following month, but that is only a small possibility, the market needs more time to fix all prices
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
November 27, 2018, 12:57:48 PM
#6
Well done on buying in this dip. I, too, have maxed out. It is going to be a waiting game from now on. I hope many would follow suit instead of just whining or complaining about how far the market has fallen. Good time ahead to those who bought while there's blood on the streets.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
November 27, 2018, 12:47:23 PM
#5
Now is a good shopping time at the market. I think that if you have the opportunity to find some money somewhere, then it is better to invest them during this year. I think that the price will be a little lower in December
member
Activity: 938
Merit: 13
AMEPAY
November 27, 2018, 12:45:21 PM
#4
Fomo is actually the state when market becomes unstoppable due to positive hype and everything seems to be going up and up everyday what we are seeing right now is an opposite state to what we can call fomo, i hope market will get better in december.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
November 27, 2018, 12:42:49 PM
#3
This is not fomo and will not be called fomo, you can only say Fomo is there is pump and you think it will stop soon but only seeing more pump and think there might be a chance of getting some percentage from it too and you quickly jump in , tat is what Fomo is and not this dip that are yet to even reach the bottom and am sure many are still afraid of buying now .
newbie
Activity: 4
Merit: 0
November 27, 2018, 12:38:17 PM
#2
I will buy some but not today, you buy also altcoins or only bitcoins?
member
Activity: 252
Merit: 10
November 27, 2018, 12:35:51 PM
#1
Almost all of the coins price is now huge low and most of those are good coins to pick. Almost all of the weak hands already left the market. Whale are being bigger. I think it's time to pick yours too. Otherwise, you will miss the FOMO.
I have filled a lot in this dip. Don't have an available fund to invest some more.
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