Topic: Resist all temptation to fomo - page 3. (Read 760 times)
when a bull run comes and bitcoin rises to the moon, that doesn't mean that dead altcoins will also go up to the moon. indeed they might want to, but only a few percent. altcoib which will continue to follow the movements of the bitcoin charts is altcoin with a good market cap and trading volume, or rather those in the top 10.
A good analyst can still make profit with FOMO, which means it can be a good tool, instead of seeing it from a bad angle. FOMO is most times rumour-like. Some people believe in it and by virtue if that, it favours the early entries and some that probably bought low.
If it could happen to bitcoin, it means that no altcoin can be left out. You just crave for the opportunity to always get first-hand information.
If it could happen to bitcoin, it means that no altcoin can be left out. You just crave for the opportunity to always get first-hand information.
Fomo doesn't always work, sometimes if favours but most times it's so misleading, I don't get controlled by the present Bitcoin movement, jumping in and buying coins now is so risky, I think the buying days are over
There is no time limit for buying btc if you believe that it will really skyrocket to the moon in the future. Yeah! The prices are now slowly going up bit it doesn't necessarily mean that "buying days" are all over. Of course you can still hoard as many as you can, today is a good day for doing such thing rather than doing it on its $20k mark, isn't it 
? I think when you are investing, either it is bitcoin or other altcoins, the basis you should check is the opportunity to have profit.
If you want to buy with the hope of it will moon in the future, then you are wrong.
Do your own research, develop an investment pattern and secure your assets.
MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?
The same thing happen to PundiX, this project also won the community voting, prior to its listing there was a hype already, and in other exchanges people are buying so it brings its price to its ATH but when it was listed in Binance, the opposite of the expectation did happen.the value of this coin fell hard. It's needed to assess the actual project and not just because fomos are bringing hypes and it should be taking
for deeper investigations.
MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?
The same thing happen to PundiX, this project also won the community voting, prior to its listing there was a hype already, and in other exchanges people are buying so it brings its price to its ATH but when it was listed in Binance, the opposite of the expectation did happen.
It's always depend on someone if he will believe in some traders or influencers regarding such shill on some project. I recall the voting of MBL vs VIDT has clearly gain a lot of fomo sincr Binance voting created a lot of hype. If a coin got listed on Binance that coin is surely will pump but the case is different.
MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?
MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?
Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
FOMO most times leads to self destruction, once you allowed the urge there is no easy way out that to follow, the warning I would like to pass on to others is they should stay away from buying coins when they are surging because the coins will surely fall Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
FOMO was one of the worst thing you can felt upon your trading, this could make worse your trading and most of the newcomers fall into this. The secret is always be patient because market always fluctuate just for an example if you buy now even if the price is not perfect to buy you could still get profit as soon as the market enters the bull and set a new ATH. Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
my advise always is do no listen to what people say rather, follow your instinct as nothing can guide you right as that. fomo or no fomo, i dont listen and tht is the way i have been making my profit in trading. i trade to make profit sometimes and run at loss sometimes. i learn from all of this and ignore what people say.
We can see when the bitcoin rises then all the already dead Altcoins will all return to grow so that many investors are stuck with a price movement that lasts only a moment, but with this kind of circumstances we must be careful not to let us Stuck with the altcoins, but some investors have been the one who had this situation and they could benefit and if they were too lustful then regrets would have happened, then in this case we must be careful.
FOMO is something you must learn with great timing. Many projects have been down for weeks and some are also on the green light. If you buy btc now, I think its still worth to hold. During bull run last 2017 many have been rekt due to fomo and when the downfall happened fomo become a nightmare so everyone becoming fearful now to buy when the hype is on the run. Some still riding but of course risk is there associated with that decision so be always careful on what you do especially crypto is very volatile.
Agree with you, Fomo has become a nightmare for investors in the 2017-2018 period. And now they all fear fomo and this whole market. Fomo is not bad, but we need to know to stop in time, otherwise we can lose a lot by greed and lack of knowledge.
FOMO is not a good thing but that depends on the coin you invested, some of these coins are not worth investing. You might be trying to avoid the FOMO and at the end you will end getting the coin dumped on you and losing your money, so sometimes it’s best to leave the coin if your mind is telling you that it is not worth it. And that’s why doing a research is good, if you don’t research about the coin you might not be able to know if you’re doing the right thing or not.
But with research, you’re able to gather some opinions of experts and analysis on the coin that will help you determine your next action.
But with research, you’re able to gather some opinions of experts and analysis on the coin that will help you determine your next action.
ALL THE TIME, you are not matured and intelligent enough if you can't resit the FOMO, usually the newbies will get FOMOd but people who have learn from their experience, we should not do the same mistake again.
Correct. Ive been a fomo guy before, and experienced is really the best teacher. Buying some tokens or coins just because of hype is very risky. I'm not saying fomoing isnt good or dont have basis to excel but the factor you must be in should be perfect and I'm talking about timing. Just like trading, when you fomo, set a goal until where its gonna pump.
Dont be greedy if you dont want to fall down in the end. Observed and be thankful on profits gaining more have more risk and this is dangerous if youre not into it. Piece of advise, to all just learn the process.
The market is very sheepish. People don't believe the real potential of how much the price is going to rise. They wait in a bull market to see the price are really rising without a stop and jump in late. No prices are going to rise indefinitely and when the prices go a bit low, they are the first to complain.
This is a place that is often unpredictable and we often complain a lot when the market starts to collapse. I think this stage is very suitable for investing but you need to consider carefully before making a decision because if the psychology is not stable, you will easily panic sell. Personally, I always avoid buying coins that people FOMO and choose only coins according to my preferences. 
FOMO is something you must learn with great timing. Many projects have been down for weeks and some are also on the green light. If you buy btc now, I think its still worth to hold. During bull run last 2017 many have been rekt due to fomo and when the downfall happened fomo become a nightmare so everyone becoming fearful now to buy when the hype is on the run. Some still riding but of course risk is there associated with that decision so be always careful on what you do especially crypto is very volatile.
This is good advice, but it really depends on how what Bitcoin can achieve price wise as it would likely require more than a moderate further appreciation for the entire market to turn more bullish so just buy the dips and pick up bargains whenever you can
Fomo doesn't always work, sometimes if favours but most times it's so misleading, I don't get controlled by the present Bitcoin movement, jumping in and buying coins now is so risky, I think the buying days are over
There is no time limit for buying btc if you believe that it will really skyrocket to the moon in the future. Yeah! The prices are now slowly going up bit it doesn't necessarily mean that "buying days" are all over. Of course you can still hoard as many as you can, today is a good day for doing such thing rather than doing it on its $20k mark, isn't it ? 
The market is very sheepish. People don't believe the real potential of how much the price is going to rise. They wait in a bull market to see the price are really rising without a stop and jump in late. No prices are going to rise indefinitely and when the prices go a bit low, they are the first to complain.
Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Well FOMO is part of the trading journey I must say, but to totally resist it, one must to go the experience first and see it first hand and get a feel on how it is to be trapped inside because of your emotions and the only way to get out is to suffer a loss.
We all preach this in the community years ago, and yet people still fall for the trick, maybe they are greedy or haven't had the experience yet. But as sure as we become battle tested here and being mature enough to use our logical brains to make decisions, there could be people who are going to fall for it specially beginners.
Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Fomo doesn't always work, sometimes if favours but most times it's so misleading, I don't get controlled by the present Bitcoin movement, jumping in and buying coins now is so risky, I think the buying days are over Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
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