Resist all temptation to fomo - page 6.

minairia3

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

Im sure we are all aware what fomo means.

This is term for those who dont have own decision and theirs are taken away with such sweet words and due to that they will bought it. Actually fomo isnt bad at all. There are times that Ive fomo on some of the coin hype like the enjim token and I did gain some profit from the pump it make. But after few days it drops again but Ive already dump it with a good target price and exited. There is always a risk so it depends on the person whether he will trust his money into it or ignored.

kawetsriyanto

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

Because when btc moons, the dead alts can rise momentarily only

IMO, the dead altcoins won't rise their values whenever. In my understanding, the dead coins are the shit-coins, means those who are delisted from exchanges because of no interest from investor anymore or the project behind them dead already. Altcoins rising their values currently are those coins that seem quite hard to improve previously, but they are surely not shit-coins. They have a chance to increase because they follow the Bitcoin good trend. It is normal as Bitcoin has the power to influence whole crypto coins.

Japinat

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For us who already have the experienced, we know how to handle every market situation and at the same time we also like to see people getting FOMO on bitcoin is its one of the biggest factor that would help bitcoin reach its ATH, they'll FOMO it's okay but we will always be cautious and do the right thing when the market is bullish.

For me, I am just waiting for the right timing and will do sell right away once I see my target.

o48o

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

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

Momentarily? You mean like they rised insanely in usd last time? Sure it raises in btc momentarily depending what btc does, but it doesn't mean that they didn't have chance to rise a lot in sats. But i agree that urge to fight the fomo, i rarely market buy anything if there's no clear indication of fast rise.

Mpamaegbu

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

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

Who says FOMO isn't good? Come on, let's have it! Something has to push Bitcoin price up so that altcoins can follow suit. Let the Fear of Missing out start now! Don't forget that something has to keep the bull run going once it kicks in and something has to also kick it in.

bttmember

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I think we should carefully pick and choose the coins to invest and then stick to them unless we find a new high quality coin, the bull trend has just started which is indicated by the market structure, so at the sametime there would be many unknown, low cap and productless coins that will try to sell themselve to us but we must stay away from low quality ones and stick to reputed and genuine coins only, this will give us lesser risk and higher reward when the bulls reach their peak.

cytpoway121

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

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

I think this should not be a news anymore, everyone in the crypto currency sphere is supposed to be aware that every suggestion or analysis followed is at their own risk.
Which is why the word (DYOR) is always referenced.

Several altcoins mooned during the bull moments, and likewise with the small dip, several dumped.
Do your own research, get a seer purpose and reason to invest, then go into it.

masterrex

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Quote from: ife2020 on February 13, 2020, 03:04:00 AM

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

Fear of Missing out stand for FOMO! Sometimes it is good and beneficial but sometimes it was totally bad because it will drain your resources without expectation, the best time to invest while having FOMO is during the early days of the Bullish Market Trend that was exactly happened during the early days in the last quarter of the year 2017-2018 Bullish Market trend. We cannot avoid FOMO because it was part of the speculative nature of cryptocurrency just ride with it gamble with it at your convenience.

nutriagrigia

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This is the most dangerous characteristic that people can have in the cryptocurrency market. if anyone fall into FOMO he can very quickly lose his money. never hurry. the market always rewards the patient players and if you do not have time to invest in some kind of coin and it has already grown - then just wait. there will be many more opportunities

FireBallex

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I already opted out of altcoins after bitcoin hits 10k, its better to rely on bitcoin than altcoins because I feel this is not the bullrun we've been waiting for, its just an hype market about bitcoin upcoming halving in few months

batang_bitcoin

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Don't invest because you are being emotional and you see the market becomes promising again. Before investing to altcoins of your desire, forget about it for the meantime and strive to invest as much as you can with bitcoin.
Accumulate while we're not seeing it mooning so that you already are holding it whenever the market surprises us and turns into another skyrocket phase.

ife2020

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Quote from: Coyster on February 13, 2020, 03:17:16 AM

Let investors do what they feel is right, they should know what decision making is all about, either to buy,sell,hodl or just do nothing, it becomes a habit during times like this when there's a supposed bull run for users to start giving advices and telling people what to do. What you may be advising against may even be a ticket to good ROI, enough with the don't do this and don't do that.

I understand your angle duly, and that is why am open to suggestions.
but the facts remain that some coins don't have alternatives and everything comes back to bitcoin

Coyster

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Let investors do what they feel is right, they should know what decision making is all about, either to buy,sell,hodl or just do nothing, it becomes a habit during times like this when there's a supposed bull run for users to start giving advices and telling people what to do. What you may be advising against may even be a ticket to good ROI, enough with the don't do this and don't do that.

ife2020

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Are you kind to your neighbor? Think it through

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

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