I SMELL FOMO | Bitcointalksearch.org

Reid

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Quote from: 2chase on April 30, 2019, 05:03:17 PM

I think that if your deposit is at least one bitcoin or more, then you should not hope that intraday trading can significantly enrich you. Most likely after some time you will be surprised to find that you have lost your winning position and can no longer catch up with it.

True.

But it is the trading speculation so we can still predict just for the purpose of buying and selling.
It aint a bull run for me but a good up for the bitcoin price. It could be a good moment to sell for traders.
There have been a lot of news spreading about USDT and it could be one reason for the price to fall once again. Even just $100 will be a good profit.
Buying after a week or a month will be the key. Question is when will it be?

Pattart

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Quote from: Wexlike on April 22, 2019, 11:15:04 AM

Quote from: BrewMaster on April 22, 2019, 06:14:40 AM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

FOMO has different degrees, like pretty much everything else! it doesn't have to be a 1 million percentage rise to be considered a FOMO Wink

for example what we had when price surged upwards to $5500 recently was a good example of a moderate size FOMO where people who were waiting for a bigger drop gave it up and jumped on board of the ongoing rise because they didn't want to miss out and end up paying ~70% more than the bottom.

Even though I'm on the sidelines right now I feel literally no pressure to buy. All I have to do is wait for BTC to fail its first test of 6K if it even makes it that far on this volume.
At a minimum I get to buy back right where we are now and most likely somewhere under 5K. Still waiting a bit out if this is really the next bull.

A pressure might emerge when the price broke through $5k some time ago then fomo appeared. so did I some time ago. and the price had climbed up to $5600 and fell again. for now there is no pressure to buy, still patient to see if the price is able to pass $6k, lets see

Kelvinid

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Quote from: dentolas on May 01, 2019, 02:03:38 AM

We are still at the very beginning of a market change, and vast majority of the people that are here are the ones that resisted the coldest bear market ever, and these are as solid as rocks... I don't think that many will go after some FOMO, these already have hardened skin... I agree with some comments that state that a healthy FOMO will be starting around 7000... when a lot of outside attention will turn into BTC once again and the race starts...
TA groups are usually p&d or if they are legit, they follow the charts, and the charts are drawn by a few market makers............

Could have some resistance again making some prices adjustments, we aren't that far from dips and yet we are still struggling to have a full recovery. But it looks different right now, the market doesn't move so fast, it just like a crawling duck and can't expect will be soaring at high this year.
Though some speculations arise that there will be another bull run, yes maybe have but not of what we've experienced last 2017.

freedomgo

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Quote from: adaseb on May 01, 2019, 02:17:26 AM

Don't feel bad about taking profits. A profit is much better than a loss. But ideally those Facebook TA groups shouldn't be taken seriously.

I agree, as long as crypto is here to stay, we can find another opportunity to sell again.
Not every makes money here, so a profit is something one should be thankful already, our main goal is to be profitable and maximize it if we can
but if situation tells we need to sell, we should do it without a doubt.

adaseb

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Quote from: pinoycash on May 01, 2019, 01:08:35 AM

Quote from: samcrypto on April 30, 2019, 05:12:20 PM

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

Before i usually based my decision on some facebook groups about TA on bitcoin and it was t worst mistake i made since it made me sell BTC at $14k USD instead of 20K usd last 2017, right now i am still holding some BTC and good numbers of alts that has the potential to a big player in the next bull run.

Selling BTC at $14K was a very good trading decision. Most people who bought in early 2017 they most likely sold whenever a new ATH was breached, basically anywhere from $3K to $10K. When it broke the $10K area, we all assumed it would hit $25K or $50K and most would sell there. However it barely managed to break $20K and started its descent.

So getting $14K is pretty good. Most either sold at $6K last year or they panic sold at the $3K when it looked like we were headed for $1K bitcoins.

Don't feel bad about taking profits. A profit is much better than a loss. But ideally those Facebook TA groups shouldn't be taken seriously.

dentolas

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We are still at the very beginning of a market change, and vast majority of the people that are here are the ones that resisted the coldest bear market ever, and these are as solid as rocks... I don't think that many will go after some FOMO, these already have hardened skin... I agree with some comments that state that a healthy FOMO will be starting around 7000... when a lot of outside attention will turn into BTC once again and the race starts...
TA groups are usually p&d or if they are legit, they follow the charts, and the charts are drawn by a few market makers............

btc_angela

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Quote from: pinoycash on May 01, 2019, 01:08:35 AM

Quote from: samcrypto on April 30, 2019, 05:12:20 PM

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

Before i usually based my decision on some facebook groups about TA on bitcoin and it was t worst mistake i made since it made me sell BTC at $14k USD instead of 20K usd last 2017, right now i am still holding some BTC and good numbers of alts that has the potential to a big player in the next bull run.

I guess everyone really do it wrongly in the beginning. I also felt victim of this so called TA groups in 2017. Started very well but ended up losses on my end. Anyways, FOMO has it's good side, but the problem is that its not sustainable, others go in and left before it exploded. As for BTC it's really doing well right now, with some healthy corrections but I'm sure more will FOMO if we are going to touch $6k again.

Viscore

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Quote from: pinoycash on May 01, 2019, 01:08:35 AM

Quote from: samcrypto on April 30, 2019, 05:12:20 PM

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

Before i usually based my decision on some facebook groups about TA on bitcoin and it was t worst mistake i made since it made me sell BTC at $14k USD instead of 20K usd last 2017, right now i am still holding some BTC and good numbers of alts that has the potential to a big player in the next bull run.

That amount still give you profit right?
Who can clearly see what the bitcoin will achieve, if I see a profit when I sell, I would do it without hesitation.
Greediness will ruin our plan, we wait for a higher price and what if the price will start to dump and we still cannot sell again as we believe it will again recover. There are traders and investors who made mistake during the last bull run, but I think they already learn now.

jhongzjhong

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Quote from: pinoycash on May 01, 2019, 01:08:35 AM

Quote from: samcrypto on April 30, 2019, 05:12:20 PM

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

Before i usually based my decision on some facebook groups about TA on bitcoin and it was t worst mistake i made since it made me sell BTC at $14k USD instead of 20K usd last 2017, right now i am still holding some BTC and good numbers of alts that has the potential to a big player in the next bull run.

I don't agree that we are on FOMO right now. Still, there is a small correction and after that, there is a resistance of price movement of bitcoin. I don't usually believe in the group that having a TA, it makes you a possible mistake if you don't research your own. Have you notice the movement of bitcoin there is a correction but right after that it will have a pump up and that was a resistance, just like a zigzag motion in moving the price.

pinoycash

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Quote from: samcrypto on April 30, 2019, 05:12:20 PM

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

Before i usually based my decision on some facebook groups about TA on bitcoin and it was t worst mistake i made since it made me sell BTC at $14k USD instead of 20K usd last 2017, right now i am still holding some BTC and good numbers of alts that has the potential to a big player in the next bull run.

samcrypto

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Quote from: arpon11 on April 30, 2019, 02:27:56 PM

Quote from: Nekoma2018 on April 02, 2019, 08:06:38 PM

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??

In cryptocurrencies market and bitcoin trading we can only speculate what will happen and not really what is going to happen as this market is highly unpredictable. The market has it own mind and because of that we find it difficult to predict the future trend of the market accurately. However I strongly has the feeling that the bullish trend has commenced since ending of last month when bitcoin cross $4000. If you are new in this market it is better you look for professionals advice before investing.

Bull is confirm since we are not dumping below $5k anymore and this month of May will be a new start of pump again. Its not easy to speculate, and newbies should not listen to any speculation because you have to learn how to analyze. This is not FOMO anymore, its been a month and we are still on a higher level, 2nd quarter is truly the beginning of the bull.

2chase

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I think that if your deposit is at least one bitcoin or more, then you should not hope that intraday trading can significantly enrich you. Most likely after some time you will be surprised to find that you have lost your winning position and can no longer catch up with it.

arpon11

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Quote from: Nekoma2018 on April 02, 2019, 08:06:38 PM

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??

In cryptocurrencies market and bitcoin trading we can only speculate what will happen and not really what is going to happen as this market is highly unpredictable. The market has it own mind and because of that we find it difficult to predict the future trend of the market accurately. However I strongly has the feeling that the bullish trend has commenced since ending of last month when bitcoin cross $4000. If you are new in this market it is better you look for professionals advice before investing.

imstillthebest

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Quote from: Romanianz on April 26, 2019, 09:49:01 PM

Quote from: Gaaara on April 26, 2019, 09:16:34 PM

Quote from: pinoycash on April 26, 2019, 08:33:55 PM

Quote from: futile-resistance on April 24, 2019, 01:36:14 PM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

I really cannot wait for the drama that will happen at this period, it will happen just like magic, this value you mentioned is what I expect to push the price of BTC to $15,000 and if not more before the final bull run. I love FOMO a lot and I always appreciate those who create FOMO, just like recently, many people that has been trying to do that has been like a clown.

Imagine Mcafee saying BTC will touch $1,000,000 by next year. How is that possible, this type of FOMO does not really get into people, so he needs to be realistic and use his position very well in creating one that will first lead us to 7k, then to 15k and we keep doing it that way till it goes high.

FOMO failed to kick in, Negative news is more powerful tool to bring the price of BTC down,. The bitfinex tether scandal makes things harder once again for cryptocurrency and FOMO guys are now waiting for another big dip before jumping in.

I agree, people now cares more about what they currently have rather than what they "might" possibly have so instead of FOMO they fear more about what they can lose. With the current situation FOMO affect less since bitcoin failed hard before and history makes it harder to believe more than what is possible.

the situation will only make a lot of people panic and it will only make many people lose because surely they will be trapped at high prices and think that the price movements of coins at the exchange place will experience price increases even though it is not as easy as they imagined.

That depends on what price range they are going to fomo . some do fomo at lows because they are afraid that the drop will not contiue while some do fomo at highs because they think that the value will still continue to grow . the ones that do fomo at high is facing a huge risk because like what you said , he can be stuck at highs if ever the price will stable and worst he can loose because there is a chance that the price will go down

Romanianz

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Quote from: Gaaara on April 26, 2019, 09:16:34 PM

Quote from: pinoycash on April 26, 2019, 08:33:55 PM

Quote from: futile-resistance on April 24, 2019, 01:36:14 PM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

I really cannot wait for the drama that will happen at this period, it will happen just like magic, this value you mentioned is what I expect to push the price of BTC to $15,000 and if not more before the final bull run. I love FOMO a lot and I always appreciate those who create FOMO, just like recently, many people that has been trying to do that has been like a clown.

Imagine Mcafee saying BTC will touch $1,000,000 by next year. How is that possible, this type of FOMO does not really get into people, so he needs to be realistic and use his position very well in creating one that will first lead us to 7k, then to 15k and we keep doing it that way till it goes high.

FOMO failed to kick in, Negative news is more powerful tool to bring the price of BTC down,. The bitfinex tether scandal makes things harder once again for cryptocurrency and FOMO guys are now waiting for another big dip before jumping in.

I agree, people now cares more about what they currently have rather than what they "might" possibly have so instead of FOMO they fear more about what they can lose. With the current situation FOMO affect less since bitcoin failed hard before and history makes it harder to believe more than what is possible.

the situation will only make a lot of people panic and it will only make many people lose because surely they will be trapped at high prices and think that the price movements of coins at the exchange place will experience price increases even though it is not as easy as they imagined.

Gaaara

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Quote from: pinoycash on April 26, 2019, 08:33:55 PM

Quote from: futile-resistance on April 24, 2019, 01:36:14 PM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

I really cannot wait for the drama that will happen at this period, it will happen just like magic, this value you mentioned is what I expect to push the price of BTC to $15,000 and if not more before the final bull run. I love FOMO a lot and I always appreciate those who create FOMO, just like recently, many people that has been trying to do that has been like a clown.

Imagine Mcafee saying BTC will touch $1,000,000 by next year. How is that possible, this type of FOMO does not really get into people, so he needs to be realistic and use his position very well in creating one that will first lead us to 7k, then to 15k and we keep doing it that way till it goes high.

FOMO failed to kick in, Negative news is more powerful tool to bring the price of BTC down,. The bitfinex tether scandal makes things harder once again for cryptocurrency and FOMO guys are now waiting for another big dip before jumping in.

I agree, people now cares more about what they currently have rather than what they "might" possibly have so instead of FOMO they fear more about what they can lose. With the current situation FOMO affect less since bitcoin failed hard before and history makes it harder to believe more than what is possible.

pinoycash

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Quote from: futile-resistance on April 24, 2019, 01:36:14 PM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

I really cannot wait for the drama that will happen at this period, it will happen just like magic, this value you mentioned is what I expect to push the price of BTC to $15,000 and if not more before the final bull run. I love FOMO a lot and I always appreciate those who create FOMO, just like recently, many people that has been trying to do that has been like a clown.

Imagine Mcafee saying BTC will touch $1,000,000 by next year. How is that possible, this type of FOMO does not really get into people, so he needs to be realistic and use his position very well in creating one that will first lead us to 7k, then to 15k and we keep doing it that way till it goes high.

FOMO failed to kick in, Negative news is more powerful tool to bring the price of BTC down,. The bitfinex tether scandal makes things harder once again for cryptocurrency and FOMO guys are now waiting for another big dip before jumping in.

justspare

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FOMO literally helps us get more buys. Fomo is fear of missing out and what does people who are fearing that bitcoin will go up and they will miss ? Well they buy and when they buy what does it do? Make the price go up. That is why I think that FOMO is really needed if we want to get to that ATH prices once again. If we can make people believe bitcoin will go up than not only buyers will buy but the sellers will stop too, when bitcoin sellers stop to sell at a low price and buyers want to buy no matter what than the price will automatically increase even if the volume doesn't change at all. I don't know how FOMO starts or who starts it but if we can figure that out we can than repeat that for future increases.

futile-resistance

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Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

I really cannot wait for the drama that will happen at this period, it will happen just like magic, this value you mentioned is what I expect to push the price of BTC to $15,000 and if not more before the final bull run. I love FOMO a lot and I always appreciate those who create FOMO, just like recently, many people that has been trying to do that has been like a clown.

Imagine Mcafee saying BTC will touch $1,000,000 by next year. How is that possible, this type of FOMO does not really get into people, so he needs to be realistic and use his position very well in creating one that will first lead us to 7k, then to 15k and we keep doing it that way till it goes high.

Wexlike

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Quote from: BrewMaster on April 22, 2019, 06:14:40 AM

Quote from: pinoycash on April 22, 2019, 04:47:59 AM

FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.

FOMO has different degrees, like pretty much everything else! it doesn't have to be a 1 million percentage rise to be considered a FOMO Wink

for example what we had when price surged upwards to $5500 recently was a good example of a moderate size FOMO where people who were waiting for a bigger drop gave it up and jumped on board of the ongoing rise because they didn't want to miss out and end up paying ~70% more than the bottom.

Even though I'm on the sidelines right now I feel literally no pressure to buy. All I have to do is wait for BTC to fail its first test of 6K if it even makes it that far on this volume.
At a minimum I get to buy back right where we are now and most likely somewhere under 5K. Still waiting a bit out if this is really the next bull.

Topic: I SMELL FOMO (Read 839 times)