Fomo AGAIN?

[yhiaali3]

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.

[tbterryboy]

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.

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.

[Silberman]

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.

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.

[2double0]

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.

[STT]

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.



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.

[Hypnosis00]

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.

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.

[ultrloa]

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.

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.

[TravelMug]

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.

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.

[michellee]

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.

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.

[Erdogan]

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

[dothebeats]

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.

[stomachgrowls]

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.

[Silberman]

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.

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.

[adaseb]

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.

[pooya87]

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.

[lienfaye]

Do you think FOMO is created once again & people are likely to get in?

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.

I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.

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.

[jrrsparkles]

You may have seen the current price and realized what you have done. It wasn’t Fomo or anything else? However, I would like to say that there is no one who has been harmed or loss by holding the bitcoin till today. Because it is constantly setting new records. Those who hold Bitcoin and sell it again they make loss but those who hold it for a long time will never loss. So just follow CZ binance that if you are not good holder you will not be rich.

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.