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Author Topic: Convince me not to FOMO :)  (Read 198 times)
isbkch
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July 18, 2017, 01:14:39 PM
 #1

With BTC and ETH phenomenal recovery yesterday and ETH playing around the $193 this morning what can you say to convince me not to FOMO and buy back in now
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fulkar
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July 18, 2017, 01:15:37 PM
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With BTC and ETH phenomenal recovery yesterday and ETH playing around the $193 this morning what can you say to convince me not to FOMO and buy back in now

Absolutely nothing, I've already FOMO'ed back in and I'm 99% confident it was the right choice.
pedrog
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July 18, 2017, 01:22:26 PM
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 I've FOMO'ed last night, entered the market as soon as I saw the news, gonna profit again from this leg.

HasHe
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July 18, 2017, 01:54:57 PM
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With BTC and ETH phenomenal recovery yesterday and ETH playing around the $193 this morning what can you say to convince me not to FOMO and buy back in now
If you have bought due to FOMO,then you have taken the right decision.Now instead of selling due to panic,most of people would start buying bitcoins due to FOMO.Panic selling was previously encouraged by big whales to buy bitcoins at cheap price.

Iranus
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July 18, 2017, 06:00:51 PM
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A lot of financial bubbles and excessive bull markets have crashes and recoveries before fully entering a bear market.

Actually, it happened in Bitcoin with the 2013 bubble.  The price dropped to about $700 and then recovered most of the way up before resuming the bear market.  It's quite likely that this will happen again.

I wouldn't say that BTC is looking very bullish right now.  Keep buying all the time is my advice, because I consider trading pretty much futile when the market is this crazy, but while you're at it just make sure you're not spending more than you can afford to lose and make sure that you're willing to hold it through a bear market if you have to.

Catmony
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July 18, 2017, 06:18:07 PM
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With BTC and ETH phenomenal recovery yesterday and ETH playing around the $193 this morning what can you say to convince me not to FOMO and buy back in now
Price might now hit $3k again because correction time is over, all weak hands have sold their coins and we got good news from bitmain that they will support segwit. This news have adds up the fuel for today's pump which might continue for next few days. Buy back if you don't want to be late...

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