Bitcoin Forum

I haven’t thought it could be a new ATH without a big dump to $10k-20k LOL but now we are very close to the new ATH; probably tonight, who knows. I just have realized that I'm in FOMO and get an amount which I could afford. Do you think FOMO is created once again & people are likely to get in? I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.

Are you kidding?  It's only in times like these when FOMO rears its (often dangerous) head.  If you've got a real fear of missing out on bitcoin rocketing up to who knows what price, my advice to you is to keep that emotion in check as best you can--and I know it's hard when you're looking at preev or wherever and see it moving closer and closer to a new ATH.  Why?  Because I have a feeling that there'll be a dip either before it surpasses the ATH or shortly after if it does.  That'll be the time to buy.

Oh, man.  That sucks.  But if it's any comfort, I don't own much either and I'm more of a bystanding cheerleader of bitcoin.  It's times like this when I try not to think of the time I got scammed out of 0.3BTC by TimSweat.  Bitcoin was worth a lot less then and it didn't sting too badly at the time, but if I had that now....

Usually I have the Speculation section on ignore, but I just had to check the threads here today.  Have we not already hit a new ATH?  Per preev, bitcoin is at $63,280.

I think the large dump or correction that we have when it was under $30k was already enough for bitcoin to fuel the next ATH. And as it has reached $63k again, once it breaks to $64k we're going to see a lot of positive predictions again. Too sad to know that you've sold all that you've got if that means profit for you, you can always buy anytime that you want. There's always the better side to look at the bitcoin market when you've realized that this is for long term.

I was too much tempted to buy & I did a few hours ago. In any case, if there's a dip, I'll not miss the chance, of course. I have a feeling that $100k is very near; I don't know, I'm too stupid at speculation. Otherwise, I could have a big amount ATM.

Pretty sad that you have been scammed; it's hard to believe. I just have gone through the scam accusation thread and read that. That's sad.

Previous ATH is ~$64.8k according to Coinmarketcap (https://coinmarketcap.com/currencies/bitcoin/).

Regrets like this on where people do really missed out again on buying the dips which is really very common and i do have the same regrets too and believe that we would really be heading out with those prices
because people do really presume that we would be heading back on 20k but things do happen unexpectedly where we are already on ATH and it could even possibly able to reach up 70k if this price rally
would gradually still continue but im not really that still much confident though but i do really agree up on what FOMO kind of feeling once again specially on times like these.

This is not FOMO and the chart says, its a long overdue trend and its good that we finally reach this level. Today is the day for new ATH and its really good to be on this level again.

Its ok if you don’t have Bitcoin for now as long as you have good altcoins because they will pump as well later on. This might be the last bottom for this year, who knows right so better to have some Bitcoin now.

Something about today's volatility tells me that we might just have entered the rally. The price jumped alot even when expectation for a slight drop was expected but it never happened. The ATH high is almost beaten tonight maybe the early hours of the morning on the forum we see a different ATH and so this time can be the dip that we couldn't take advantage of now because the future price would be far above today's price.

Exactly my thoughts. I also used to think BTC scratching the $20k area again before it goes up like crazy (or like it did already). Those green sticks are looking like ladyfingers I wanna eat haha. And yeah, BTC didn't break its ATH just yet because the previous one was very near to $65k and today's high (at the time of writing this) was ~$64,350, and I believe that BTC can come near $61290 before breaking its ATH again. I don't think that BTC would cross $100k as many analysts have predicted, I see it at $75k max this year. And this doesn't really look like a FOMO but institutional fever.

FOMO is like inevitable for so many investors undoubtedly. Because the market is on a continual rise now. Bitcoin price is very near to set a new record and make it even much better. People see this as a golden opportunity and don't want to miss this one. They are like in the race with each other for making investments. Because they are starting to be afraid of losing this chance whille seeing that there are people who make a good amount of profit.

This is a real bull market now and not FOMO, the hype is here and the new ATH will be made within 24hrs from now. Well, you should have no regrets if you do sold your Bitcoin at profit and don’t worry because there’s still a lot of opportunity to own Bitcoin so its not too late yet and don’t panic just enjoy the price of Bitcoin today.

Where were you when the price hit 30K for multiple times? This was clear indicator that there was a very strong support on that line and I guess that we have to risk sometimes. The perfect time doesn't exist because you can't predict the future but the perfect risks exists that can bring you a good profit. Life is a risk, every moment is a risk.
I don't give financial advise but this is the good and bed moment at the same time. Personally, I think that since we are near to new ATH, price will continue to rise and we will see another bullrun. Maybe it won't be as intense as old bull runs because price is already very, very high and we won't go from 60K to 2 million (but we went from $600 to 20K back in 2017, though) but maybe we hit 100K and then huge fall may happen like BTC went from 20K to 3K at past, then it will play in certain price frame.

now that its $64K, it already felt like its about to fall. i already sold at 59k and stop myself from buying already. so if its going $100k, i'd really miss the chance if i'd not buy. people who once own BTC probably had bought again but it's the new investors i guess the investors who expect the BTC ETF spot market to be approved.

altcoins holders probably will feel the fomo because altcoins are falling while only BTC surprises them.

Yup, unfortunately FOMO happens at the wrong times, when the markets start moving
up, IMO and what many on here do is buy the dips, the dips are the times to FOMO.

nATH approaching, as posted there is a high possibility it will happen today/tomorrow.
The great thing about breaking an ATH is there is no history, its like a new frontier.

We probably are going to reach the new ATH anytime soon today. I wonder what it's going to be this time and how fast it's going to get dumped. If you "realized" that you are FOMOing, then its good. At least you know what to expect. And you have invested now what you could afford, so it won't hurt you much when the price goes down. It's okay you didn't buy the dip. You bought now, make sure you don't sell it until you reach your profit goal.

We did have a dup to $28k-$29k this year, and I think that is the last leg up to new all time high.

FOMO is on the round numbers, so when we hit $60k, it's just a matter of time that we are going to hit $64k or higher, which eventually happen today. So next FOMO will be $70k and then $80k ....

Well, it's not late mate, you can still buy BTC in small portions, or just save some.

Friends contacting me and ask how to buy bitcoin. Fomo yes!

We're in the new ATH now? (correct me if I'm wrong)
Bitcoin price has been reached the $64.4k range and the previous ATH price was the $63.5 range.  So I think, at last, we have surpassed the previous ATH in just a matter of months, and in a year, there's two ATH had happened.

I don't see it in FOMO, IMO.  We have real investors that become Bitcoin rapidly increase the price and the good news that happens around was also the possible reason and helping Bitcoin pumped too much.  There's a lot of good news that happened and recently, it was about Bitcoin ETF, and secondly, there are countries that announced of possible legalization of Bitcoin and adoption.  So, it could be the possible reason for this new ATH happened.

FOMO?  No, it's a real investor and this isn't hype.

There is no fomo if you can still control the caps you enter in (at least you didn't all in passionately). I don't know when the OP started monitoring the charts, in fact we've gone up 1/3 slowly and steadily since October 1st.

There is actually a trick to reducing FOMO, by reducing the large number of stable coin holdings (or whatever pair you are accustomed to trading with bitcoin) at the earliest signs of a bull market.

Bitcoin just hit $64,434.53 recorded as high on CMC. A few couple of dollars behind the last ATH which was recorded around $64,800+ on April 2021.

I guess this might be a mix FOMO and investors suddenly influx to the market as Bitcoin has been gradually gaining value since the start of October. Some people think this could go on till $100,000 and I can say they're the one who's fomoing.

You have the weirdest expectations from bitcoin :D
You basically expected a 85% market crash (a massive one) before price goes up which makes absolutely no sense. Specially since price was far from being in mini bubble let alone in a big bubble that could lead to such a huge crash!!!

Let it be a lesson to you to buy bitcoin in dips and stop waiting for unreasonable crashes ;)

It is starting to. Usually when there has been a lack of big rises, the FOMO-type-people remain doubtful and don't start buying until it is too late. Right now it is a little late so there are small FOMO buys here and there. I believe the bigger FOMO will start after new ATH was set (ie. 65k+) and the momentum shows no sign of slowing down.

I am acquainted with an exchange candle stick chart which makes the work easier for me, bitcoin price hasn't reached all-time-high.


The first chart shows all-time-high on April 14 which was $64,854, the first chart have candle sticks with a day price range. The second second shows the recent highest price bitcoin which was few hours ago which was $64,486.

On Coinmarketcap, the all-time-high was $64863 while the highest price on the site recently was $64434, I used the candle stick chart also, but probably the time zone differs a little from Binance time zone which is the time zone the three exchanges I have used before are using which is UTC (+0). So bitcoin all-time-high was on 14th April, the time zone should be the reason for the difference in 7 days range candle sticks on Coinmarketcap chart and the adjustment is not flexible like on the exchanges.

---

Edit:

Bitcoin price later hit all-time-high some hours ago.

We have not yet broken the ath, as mentioned, and the normal thing when you get to that previous point is that there is some resistance. I remember it took us quite a while to break the $20k, it wasn't come and break it.

As for the FOMO, I would think there will be two phases:

1) When we clearly break above $65k.
2) When we get clearly above $100k. This is going to be the Big FOMO.

Just buy slowly in dips and stop waiting for crashes, you're wasting your time trying to wait for something you based on what, what others have actually said? Or is it simply because of how it dipped midyear back to below $30k or so? Though I'd suggest waiting for a small dip before buying in right now. There's pretty much no reason in trying to buy when the market is in a rally, that's just pretty stupid. Additionally, FOMO would probably happen a bit more later, you can honestly see it when the market suddenly goes into a rage and price surges up big time. When you're at that point I'd honestly just suggest buying in AFTER that.

I think breaking $60k, there's already a FOMO.

Yes, institution are buying bitcoin at a huge rate, but still, for it is the retail investors that will cause their massive spike, so the FOMO is coming from them and not from institutions.

It could be a big FOMO when we reach $100k or a massive sell-off.  ;D

The man obviously didn't notice your avatar showing for weeks that it was the right time to invest in BTC, the discount that appeared and kept the price around $30k (or even lower) was for some obviously a completely wrong signal - announcements of crypto winter that then running through the forum led many people to sell at the completely wrong time.



I agree that it will take a while until new conditions are created for the FOMO effect, which means that we have to wait for the media to start speculating about $100k by the end of the year, with of course the inevitable story of the first BTC ETF in the US, El Salvador, Mr.Mars and how Bitcoin has become greener because it is no longer produced in China.

Per Coindesk ATH is 64800+ so now we are not quite there but we almost touched 64500. I know Coindesk is not the best but it is the most followed mainstream crypto media for market.

And as Charles-Tim also says same being used for CMC.

It is still coming today of course :)

My FOMO is more like Fear of Selling Too Early and missing out on the higher price later on. ;D
I've sold my BTC at the wrong moment many times before,so I can't be bothered with buying BTC at the wrong time(right before a price correction).
I'm not like the FOMO traders,who wants to buy Bitcoins,when the market is on a bull run.
I guess that the Bitcoin market entered a FOMO phase,but I'm not going to buy any BTC,because I expect a price correction next week.
The FUD,that is coming from the governments and banks will grow for sure and the current FOMO phase will die slowly.

I really haven’t thought of a bounce back. All I have imagined was $64.8k is peak for now and we are done; I'm pretty new at the speculative market, not an expert guy on TA. I was a holder only; saving some amount on BTC & that brought me a good return.
But I was wrong; I could have made more than whatever I have now. Now, I can't afford to buy the BTC I had earlier.
Have purchased a little. If there's a dip, will accumulate more. It has been a lesson for me.

Unfortunately there will always be people who believe that bitcoin is not doing something that they want it to do. It always does something that is volatile and good in the end, and we should be buying when it is low instead of selling, but people see it dropping and get scared and sell. I see forum posts about how everything sucks whenever price drops, whereas I really love the periods when it goes low, because then I would be able to buy at that price and I would be doing great. In the end I would love to see it drop again, yes that sounds weird to many many people but that would mean I could buy cheap again, that is why I love cheaper prices.

The price of a currency is low it is a good time to buy it even if the price of bitcoin goes down, its direction from other currencies will go up in general we think bitcoin is in a favorable technical position from a medium to longterm perspective considering all the signs yet it is pointing for an extended period of consolidation around the altitude before summer. Because of this among other technical issues our attraction is still reduced to corrections between important support levels, but we are able to move forward and buy with the confidence to hold these positions.

I understand beginners who are mostly very confused with how all this works, but I don’t understand members who have been here for years and have had the opportunity to learn some things all this time. Everyone who sold when the price dropped to $30k and below was obviously wrong, because they didn't take into account the time we are in - and this is, despite everything, a very bullish year, almost identical to 2017. The only difference is that this bull run is not started exclusively by small investors, but by much larger players who have huge amounts of money to invest.


There are always those who rejoice when the price drops and when it rises, because that's how they make a profit - that's perfectly normal. Volatility will be one of the main features when it comes to Bitcoin for some time to come.

Probably not fomo because many analyst already said that bear will not last after the bull run and you know it happened after weeks, so it was a bull run not because of some people who just ride to make hype in the market.. Indeed bitcoin surge more above 60k so obviously there's a high demand in the market.. And its not yet done wherein we still have months before this year ends, so perhaps we will see another ATH..
Btw likewise,  i missed the train.. But still good because there's always a next time.  ;D

Not just you, I have seen many people have done similar kind of mistakes due to unrealistic speculations about the downfall of bitcoin market. Probably if bitcoin was dumped up to $20k levels then probably you might have bought back more than what you have sold before but unfortunately it made a U-turn by $28k levels itself.

As of now, I believe we are slowly getting into FOMO and accumulating anything within your affordable levels is highly recommended because you may not get back to the currently available cheaper price levels anymore.

You missed the train because you didn't FOMO, lol, now a new all time high has been reach in the last 24 hours. However, we see some minor dip as sellers as cashing out and probably will have to enter again when the price goes down. That is if the price will go on a correction, but so far we haven't seen any yet as it is trading sideways from $65k-$66k. Of course, it is not yet done, we still have $100k, and that is the target that's why we are seeing FOMO.

I agree with this. I believe it would be massively profitable if we buy now and hold for next 2 to 3 months alone. If we are able to buy more right now, just before expected FOMO gets into action, then we might see at least 2x profits before end of this year. There are people who are negative about another round of bull run, but in my opinion, those people will regret like how people are sharing about 2013 and prices below $1000.

I second this. Not just now, I do keep on suggesting my friends and colleagues about buying and holding bitcoins without hesitations as it is not too late to get into bitcoin with long term plans.

Doing FOMO in the peak is really a dangerous idea, haven't they experience it in 2017 when the bubble burst? I'd rather wait for the dip then buyback since it's too risky to follow the trend that most people/investors are suffering from the past. Minimizing the risk is important than gambling it but who knows? Sometimes you were right but sometimes most people didn't expect what was the result of their choice. So, they just sold it already after seeing the price drop so hard after the correction.

In my opinion, a lot of people are in FOMO. Investing in any cryptocurrency in or around ATH is never a good idea. However, the sentiment around Bitcoin's price is still very positive, so there is a high probability that its price will really increase further. I generally advise against investing when ATH is achieved, but in this case the risk may pay off.

Volatility is great and rejoicing when the price drops is something that only the people who know how to invest does, if you are not really great then you are going to be upset when the price goes down, I do not get why people are that upset when the price goes down but I know that people sell when the price goes down, that is how the price goes down. Like it goes down to 50k now means that someone sold a lot at 55k as well, and if it drops more then people sold even more, meanwhile I will be basically buying at that level.

I would say that people who know what bitcoin could do will be buying like me. I get that people who do not know what they are doing because they are new, but members like me should be super happy whenever the price drops. Right now, this new ATH is killing me, I am not happy about it, I am not going to sell even if it hits 100k, so I rather see it at 30k rather than 100k right now.

Let this be a little correction again because if you do FOMO then I think it's over and we still have hope for 100k in the near future, but remember if you miss the train then don't force it because for me this will be a correction and bounce again at a higher price tall.

The $65k-$66k trades weren't strong enough and didn't last long but they thought its selling and getting for, but I think there's still some holding on even though it's reached ATH this is a good thing and if we stick around until the end of the year it's definitely going to be an uptick high, we should be able to see how the previous move was.

if you believe the price of bitcoin can reach $100k or higher than the current price of course you are not too late to buy. today many people believe that the price of bitcoin will reach $100k before the end of the year or after and this will certainly trigger FOMO globally and make bitcoin prices continue to rise to this day. I think if conditions continue there are still many people who will enter before bitcoin reaches the upper limit.

FOMO Correction time has happened and just ended, the time for greed has come now, with bitcoin surging past the previous peak I don't think there is a place for FOMO anymore, we are waiting for the big event where bitcoin is expected to continue its way towards 100K$, some corrections are bound to happen - as it happens today - but this does not mean FOMO, quite the contrary who is brave enough should buy an extra amount of bitcoin with each correction because the time is very close to take big profits.

Even if bitcoin will not be getting into expected price levels like $100k within this year, I believe it will get into higher than those price levels in next four years so buying right now with the long-term holding purposes will definitely get you profits so never need to worry about being late now on accommodating more bitcoins.

Some people are claiming like we are still into early adoption phase of bitcoin and late buyers of bitcoins yet to born. So I guess we can go for buying more bitcoins without any hesitations right now.

Just be very careful, while I think there are many reasons to think the price is going to continue to go up during the next months at the same time we need to exercise some caution, to fall victim of FOMO is never a good idea, even if you happen to be right and you earn money due to buying all the bitcoins that you could this is problematic because if you were to think to invest in other coins and then you do the same there is no guarantee you will get the same results that you got with bitcoin.

Sad to hear that you sold all your coins when the value was low.
I liked your idea of making this thread because enough caution is expected at this area of all time high from which btc reverted down again. Noobs will be the ones who will get sliced away by big whales as they buy at new ath and when btc comes back down again, they start blaming crypto and btc to have stolen their money as a thief. Newbies must learn that what is going up, will not continue to go up because there is liquidity and order blocks and stops which must be hunted for a healthy recovery later and better growth of the coin.

FOMO is a dangerous word because water with bubbles in it alters its buoyancy and its easier to sink in such circumstances.     It froths up and we can come back down also, thats whats occurred but not a great negative so far.

https://talkimg.com/images/2023/06/12/AYYpv.png

We can get support from this years standard top prices, if not 59k area or so then recently we went sideways at about 57k or so and we should observe how it holds these areas.  We are below weekly average now so consider price action as negative till it proves better.

I actually don't often check the market price so I'm not aware that we are close to the last ATH. I assume that we reach already and surpass the last ATH but I'm not sure if everyone has the chance of selling their Bitcoins or may have missed it. But base on your story, I guess you're too emotional of not have the courage to hold for a while. But I don't think it is worth regretting since you were still able to make some gains. And have to remember that not all the time were perfectly seeing what will happen next nor we are aware of it as everything we do is just a sort of assumption and market prediction.

Since the price drop after it reach another ATH we can already assume that many sell their bits already for profit and we can alsonassume that others are buying since many think about bull run since the situation right now is completely different where many assumes thay we might see a good price chanhe this year. But although not assumption is good still what good thing here is many speculates good and not bad since it can influence other to think the same way to.

I just didn't sell though, it's good that a new all time high has been breached, but it's better to wait for the price in December as it is expected to be at least 6 digits and that is the right time to sell some because of the huge potential profits and of course it's Christmas holiday.

There was a drop, not that huge though, but still maybe there is so much selling pressure from speculators at $66k that the price immediately goes down in the next 24 hours, even as low as $60k.

Yes, people sell their bitcoin at the last ATH and try to buy back again at $60k so they expect to make another profit when the price increases later. I think the bull run will happen again soon because we see the chance to have that still wide open. Besides that, we already see many predictions telling us that bitcoin can be at more than $100k this year or the beginning of the next year. But we need to still analyze by ourselves and not depend on other people's suggestions so we do not blame them.

There is no doubt that the entire cryptocurrency market has been looking very positive for at least a year. It looks like the uptrend will continue. It doesn't take too much for many people to think that there is still a chance to earn. If someone sold a month or two ago, he definitely has it in his head that this is not the end of the bull run and $100k is just around the corner. I am sure many people will invest again. In my opinion, FOMO is becoming very popular right now :)

A lot of people probably bought in due to FOMO the first time bitcoin showed signs of a massive uptrend. I honestly didn't care that much the first time since I already bought in at the dip, and have no extra cash to buy more. Made quite a handsome sum, although I haven't converted back to USD just yet since I'm still in the green and I'm planning to keep my coins for at least until December. Price action seemed to have slowed down quite a bit yesterday, although there is still not enough selling pressure to push us back down to $50k levels in the mean time and I think we're still okay for now.

I did able to wait up and able to to sell out and secure profits when it did hit 66k which is a good call that i had made out since the price had corrected in 60k point which i could say that was really a good

decision that i had made since im actually a fan of shorter trades because i do love to see profits and love to play with volatility in shorter durations.FOMO? this is something casual or normal on this market and its true  that people doesnt really mind off on buying on the dip but instead they do intend to wait and observed and when they do saw some significant change in price movement
like big swings on upward then thats the time they do really consider on buying out.

Most people do really have this kind of behavior.

Those people that are experiencing the FOMO should rethink their strategy as this is the wrong way to go about it, even if I think that someone buying right now is going to do well during the short term people need to learn to buy the dip, buy when no one wants to do it as that is when you can get the best possible prices and the potential profits are massive, look at all of those people that bought at 30k, they are experimenting huge profits and it is likely to think they will never be in a loss ever again as I doubt the price will crash to those levels ever again.

If you guys use the BTC ETF as a guide you can see that in the first 2 days the AUM was over
$1.1B and the next day it wasn’t changed and checking today again it went up to $1.2B. So it seems the FOMO was only for those 2 days.

So it seems that the people who wanted to FOMO into crypto already did. So we will see how this week ends up, however if we don’t break ATH this week and close under the ATH on the weekly then I can see a sell off starting because all the holders that bought in the $28-64K area are going to panic and start to sell. Especially if we are near the top like this.

These days we are still in a transitional phase where the market has successfully started the bull run and some bears have stopped being stupid but at the same time we have some other bears that insist on being dumb and going against the market.
In a situation like this and until everyone gets on board, we will see small FOMOs followed by small panic sells like what we saw recently. Next leg up should see a bigger FOMO and that could easily escalate into a big jump in price.

Well, its not unusual if this is really happening. Because everytime the market is turning bullish, some investors are getting in to join the ride and not missed it.

There's still a chance to buy, hence dont dwell on the past and move forward. Many investors and so called "experts" are speculating the price of bitcoin to reach $100k by the end of this year. If it really happened then the current price is not as expensive of what it might in the future.

Don't follow others that is the only way to break the manipulation chain, bitcoin maybe setting new height which is actually unexpected still its under the manipulation even single tweet from Elon Musk and other people influence all the bitcoin holders and crashes or pumping the market as they wish which should be avoided to get the complete decentralization.