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Poll
Question: Is this the bull we've all been waiting for??
Yes it is, the bull is here - 15 (34.9%)
No it isnt.. probably just a dead cat bounce?? - 8 (18.6%)
Not sure - 20 (46.5%)
Total Voters: 43

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Author Topic: I SMELL FOMO  (Read 796 times)
shield132
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April 03, 2019, 04:05:57 PM
 #21

I had busy days and wasn't checking bitcoin price but got message from bitcoin service provider I use that prise has risen up to 15% in last 24 hour. Despite the fact that it was 2 April, I thought it was 1 April fool and received message lately, lol but wait, that was right and now price is 5K, really amazing.
If price will fall following days, than not fomo but I will call it 1 April joke in anyway.
Well seriously, hope this is push bitcoin needed to rise.

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April 03, 2019, 08:13:36 PM
 #22

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??
I don’t want to see it as a bait yet until I watch it close to see if the price trend will change, so we quickly know what to do and not fall for the bait, that is why I am keeping my eyes really focused on technical analysis and also looking out for the fundamentals that will proof us right or wrong,

But aside analysis, my personal opinion is that the bull run is here and has come to stay which will continue to gradually increase again from this point we are now as regard the value till we experience t bull run again, this is how I see the trend Bitcoin will continue to follow till next halving which will set our feet on the major price.

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April 03, 2019, 09:11:22 PM
 #23

Try to enjoy the moment as we know it is not certain bullrun. The absence of a big reason behind the increase makes it difficult for us to give an opinion about its continuity.
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April 03, 2019, 09:15:09 PM
 #24

Many thinking this will follow some short profit taking, without anything truly behind this that's tangible, I'd say we do some profit taking and a short dip.  Be interesting to see what happens after that first spike down when it comes.

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April 03, 2019, 09:18:59 PM
Last edit: April 03, 2019, 10:09:40 PM by sandra_x
 #25

It seem the fundamentals are finally having positive impact on the price, after the trigger of the mystery purchase 48hrs ago, we received some news on SEC guidelines regarding crypto,bring some clarity to crypto.Of course,people are bound to FOMO on this.Hopefully the momentum continues
https://www.coindesk.com/the-sec-just-released-its-crypto-token-guidance?
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April 03, 2019, 10:17:15 PM
 #26

Most are assuming the bull run is yet to start or already started. Of course it is possible but i chose to remain neutral and don't expect too much. It's not that I'm not optimistic or positive thinker, of course I do. But isn't it every increase, they are saying the same thing. But tbh this increase we are currently experiencing seems different I guess.

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April 03, 2019, 10:28:28 PM
 #27

Don't expect to much, you can still your bitcoin on your wallet but sometimes you have to see the market movement. This increasing price has ever happened in a few months back, but it wasn't takes a long times. I haven't saw the signs bull run has been coming and I just curious when I read an information that stated the price bitcoin will have minimum price $50.000, it would be good if this information was believed by everyone.
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April 03, 2019, 10:29:10 PM
 #28

if we see on the peak 20k$, it's really cheap now.   Grin so we should not FOMO, keep buying!!!  Grin
We still have the chance to reach that level so you’re right, we have to keep buying. The current pump might be because of FOMO but for sure we will go beyond this level no matter what. Bitcoin price is not on its best level, this can be a trap or what but only small dump will happen because we have to fly high now.
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April 03, 2019, 10:50:25 PM
 #29

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??
Going for "Not sure" on the poll.

This had always in my mind and experience how many times on these kind of bull traps.The important thing is that i do able to utilize these movements to make profits
rather than thinking if its already the start of the bull run or market reversal.

R


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April 03, 2019, 11:34:51 PM
 #30

Its inevitable that someone will not FOMO. Yet, everyone is still in awe. This isnt even a dead cat bounce, because Its a few days already and we have still in this price level, Infact It keeps coming back to above $5k.
Many are still in confusion on whether this is a start of a bull run or just another trap.

R


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April 03, 2019, 11:45:47 PM
 #31

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??
As we can in the poll above many people are not sure if it's time to say that bull run is here even me it's hard to predict it, and I'm still not sure if it's the increase will totally a bull run. Just observe the market for now I'm not so hurry to sell everything.

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April 04, 2019, 03:31:00 AM
 #32

You can call it what you want, but what is important is that we were able to reach $5k and we will stay that price.
Too early to say this is FOMO, but possibly what is happening is already a bull run.

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April 04, 2019, 04:33:45 AM
 #33

this hasn't been the biggest FOMOs in history of bitcoin, it is more like the smallest one but it has traces of FOMO in it. in the end the only thing that matters is that the reverse-bubble is bursting now and price is going back to the "correct" price and the more we stay above $5k and move up the stronger this movement is getting. the only problem is that going back to $6k means about a 100% rise which can slow things down due to day traders selling.

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April 04, 2019, 04:52:15 AM
 #34

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??
Not sure about this, but maybe some people get FOMO and then make this thing realized. Bitcoin price increased a lot only in short time is sometime because people who do panic buy and then followed by others.

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April 04, 2019, 05:18:02 AM
 #35

What's your opinion on this?? Bitcoin seems too be accumulating value since Tuesday morning... the bull is here.. ?? Or it's bait??
Not sure about this, but maybe some people get FOMO and then make this thing realized. Bitcoin price increased a lot only in short time is sometime because people who do panic buy and then followed by others.
We cannot avoid that, there are people who got FOMO as they have been waiting for the price to recover, and that now they see it, they will surely but it.
BTC has no rise a lot, instead it did the opposite, so this bull run that we are seeing, is new for them.

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April 04, 2019, 07:02:50 AM
 #36

You can call it what you want, but what is important is that we were able to reach $5k and we will stay that price.
Too early to say this is FOMO, but possibly what is happening is already a bull run.

You are right. I called that small bull run because if when bull run happens, we can see so many altcoins will trying to increase together and not one by one. The crypto will rise together, and the market will make a recovery, and it does not take too long to reach the very highest price. But still, we are still in the beginning phase of the bull run, so we need to wait for a while. And if we can take the profit, I think it is better to take those profit before it's down again.

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April 04, 2019, 12:08:10 PM
 #37

<<<<<snip>>>>>>  think it is better to take those profit before it's down again.

That's a smart move for short term investors, whenever you are in profit you should not be greed.
If we are still holding now, we already made at least 20% profit, and that is good enough for short term alone, if this will dump, then re buy again.

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April 04, 2019, 12:26:18 PM
 #38

You can call it what you want, but what is important is that we were able to reach $5k and we will stay that price.
You sure about that? We saw the first pull back in the price yesterday, when it went down from 5.3k to sub 5k, now it seems to be recovering from 4.9k to 5k...But I wouldn't be surprised if we go back down again.

Too early to say this is FOMO, but possibly what is happening is already a bull run.
It's not too early to say that there's (or was) FOMO surrounding the market, the gradual increase in the price over the past few days is an indicator that there was indeed some fomo as buyers were desperately buying coins and kept pumping the price. However, it is too early to call this a 'bull run', there's a bullish sentiment, sure, but we're far from a bull market.

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April 05, 2019, 05:40:30 PM
 #39

<<<<<snip>>>>>>  think it is better to take those profit before it's down again.

That's a smart move for short term investors, whenever you are in profit you should not be greed.
If we are still holding now, we already made at least 20% profit, and that is good enough for short term alone, if this will dump, then re buy again.
If it was other altcoins, I would have joined in saying price will dump again but for BTC, no one can really predict, one will be shocked to see that the price may never dump again and continue to rise higher, which may now cause the investor that had already withdraw at 20% to have FOMO and end up buying at higher price which will still be the same as holding.

Because, I am sure that that high price is buying would have already gulp the 20%. In other not to get into this confused state, what I did recently was to take profit on half of my coin leaving the other half to walk along with the magic BTC will perform.
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April 05, 2019, 06:08:10 PM
 #40

The bull is definitely here, there will definitely be FOMO in the air by the end of 2019. I predict we’ll see seriously bullish action as we near the halving.

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