Resist all temptation to fomo

[Aaroenz0r]

The market is very sheepish. People don't believe the real potential of how much the price is going to rise. They wait in a bull market to see the price are really rising without a stop and jump in late. No prices are going to rise indefinitely and when the prices go a bit low, they are the first to complain.

This is a place that is often unpredictable and we often complain a lot when the market starts to collapse. I think this stage is very suitable for investing but you need to consider carefully before making a decision because if the psychology is not stable, you will easily panic sell. Personally, I always avoid buying coins that people FOMO and choose only coins according to my preferences.

[bgaf]

ALL THE TIME, you are not matured and intelligent enough if you can't resit the FOMO, usually the newbies will get FOMOd but people who have learn from their experience, we should not do the same mistake again.

Correct. Ive been a fomo guy before, and experienced is really the best teacher. Buying some tokens or coins just because of hype is very risky. I'm not saying fomoing isnt good or dont have basis to excel but the factor you must be in should be perfect and I'm talking about timing. Just like trading, when you fomo, set a goal until where its gonna pump.

 Dont be greedy if you dont want to fall down in the end. Observed and be thankful on profits gaining more have more risk and this is dangerous if youre not into it. Piece of advise, to all just learn the process.

[coinfinger]

FOMO is not a good thing but that depends on the coin you invested, some of these coins are not worth investing. You might be trying to avoid the FOMO and at the end you will end getting the coin dumped on you and losing your money, so sometimes it’s best to leave the coin if your mind is telling you that it is not worth it. And that’s why doing a research is good, if you don’t research about the coin you might not be able to know if you’re doing the right thing or not.

But with research, you’re able to gather some opinions of experts and analysis on the coin that will help you determine your next action.

[Divinespark]

FOMO is something you must learn with great timing. Many projects have been down for weeks and some are also on the green light. If you buy btc now, I think its still worth to hold. During bull run last 2017 many have been rekt due to fomo and when the downfall happened fomo become a nightmare so everyone becoming fearful now to buy when the hype is on the run. Some still riding but of course risk is there associated with that decision so be always careful on what you do especially crypto is very volatile.

Agree with you, Fomo has become a nightmare for investors in the 2017-2018 period. And now they all fear fomo and this whole market. Fomo is not bad, but we need to know to stop in time, otherwise we can lose a lot by greed and lack of knowledge.

[Wildwest]

We can see when the bitcoin rises then all the already dead Altcoins will all return to grow so that many investors are stuck with a price movement that lasts only a moment, but with this kind of circumstances we must be careful not to let us Stuck with the altcoins, but some investors have been the one who had this situation and they could benefit and if they were too lustful then regrets would have happened, then in this case we must be careful.

[Babyteam]

my advise always is do no listen to what people say rather, follow your instinct as nothing can guide you right as that. fomo or no fomo, i dont listen and tht is the way i have been making my profit in trading. i trade to make profit sometimes and run at loss sometimes. i learn from all of this and ignore what people say.

[Meowth05]

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

FOMO was one of the worst thing you can felt upon your trading, this could make worse your trading and most of the newcomers fall into this. The secret is always be patient because market always fluctuate just for an example if you buy now even if the price is not perfect to buy you could still get profit as soon as the market enters the bull and set a new ATH.

[Samayuki]

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

FOMO most times leads to self destruction, once you allowed the urge there is no easy way out that to follow, the warning I would like to pass on to others is they should stay away from buying coins when they are surging because the coins will surely fall

[Kotone]

It's always depend on someone if he will believe in some traders or influencers regarding such shill on some project. I recall the voting of MBL vs VIDT has clearly gain a lot of fomo sincr Binance voting created a lot of hype. If a coin got listed on Binance that coin is surely will pump but the case is different.

MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?

[Botnake]

MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?

The same thing happen to PundiX, this project also won the community voting, prior to its listing there was a hype already, and in other exchanges people are buying so it brings its price to its ATH but when it was listed in Binance, the opposite of the expectation did happen.

[matchi2011]

MBL won the contest but from high price it is fluked and down by 20% when traded already. Means some who fomo got rekt. See the effect?

The same thing happen to PundiX, this project also won the community voting, prior to its listing there was a hype already, and in other exchanges people are buying so it brings its price to its ATH but when it was listed in Binance, the opposite of the expectation did happen.

Indeed, PundiX was so hot and FOMOS really brings hype but suddenly when it was added to binance and the bear market start to showed up
the value of this coin fell hard. It's needed to assess the actual project and not just because fomos are bringing hypes and it should be taking
for deeper investigations.

[cytpoway121]

Fomo doesn't always work, sometimes if favours but most times it's so misleading, I don't get controlled by the present Bitcoin movement, jumping in and buying coins now is so risky, I think the buying days are over

There is no time limit for buying btc if you believe that it will really skyrocket to the moon in the future. Yeah! The prices are now slowly going up bit it doesn't necessarily mean that "buying days" are all over. Of course you can still hoard as many as you can, today is a good day for doing such thing rather than doing it on its $20k mark, isn't it ?

I think when you are investing, either it is bitcoin or other altcoins, the basis you should check is the opportunity to have profit.
If you want to buy with the hope of it will moon in the future, then you are wrong.

Do your own research, develop an investment pattern and secure your assets.

[Perfect35]

A good analyst can still make profit with FOMO, which means it can be a good tool, instead of seeing it from a bad angle. FOMO is most times rumour-like. Some people believe in it and by virtue if that, it favours the early entries and some that probably bought low.
If it could happen to bitcoin, it means that no altcoin can be left out. You just crave for the opportunity to always get first-hand information.

[fuer44]

when a bull run comes and bitcoin rises to the moon, that doesn't mean that dead altcoins will also go up to the moon. indeed they might want to, but only a few percent. altcoib which will continue to follow the movements of the bitcoin charts is altcoin with a good market cap and trading volume, or rather those in the top 10.

[cahbagus555]

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

When the price of bitcoin rises, you should avoid altcoin which has long been inactive. The price of altcoin rose too high because the price of bitcoin went up and this is normal because bitcoin is used as a benchmark.

[fortunecrypto]

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

You can only combat FOMO if you are educated enough to know if the FOMO is legit or not, there are FOMOs that will generate income for those who will get in early and there are FOMO's that are meant to deceive people and mislead then to invest, even though it's not worth investing at the moment.

[jessyj48]

Rekt is always around every corner of crypto space, some people buy Bitcoin at 10k, there thought was this is the beginning of bullrun and now they are already at loss, knowing when to get into buying coins is one thing and knowing when to opt out is another

[mersal]

when a bull run comes and bitcoin rises to the moon, that doesn't mean that dead altcoins will also go up to the moon. indeed they might want to, but only a few percent. altcoib which will continue to follow the movements of the bitcoin charts is altcoin with a good market cap and trading volume, or rather those in the top 10.

Dead altcoins as define wouldn't go high when the bull show up, although some might as pumpers will bring their money inside and create some market movement, being fomos will bring only risk to your money, best to research and understand well what the target or certain project and pick the right one for your money.

Projects keep their target too high but they don't even take first step to reach the high ladder so don't just get yourself into any project by only seeing their idea of project their roadmap is also another important factor to be watched out.

[Bohxz M4p4gm4h4l25]

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

Yes, dont waste our funds investing to those alts that doesn't really give value and just because of fomo. There are a lot of new alts out there but the problem with them is that they don't have enough supporters or simply they dont give value that is why they starts to fail after the launch. On the other hand there are also a lot of good alts that we can say have a value but in terms of investing we should go on bitcoin because it is the one that has larger network adoption.

[MendozaCharles]

Fortunately or unfortunately, Fear of Missing Out is not diagnosable diseases. If you do not want to fall into FOMO, do your own research and stick with your plan. Consistency is one thing you need to keep constant if you want to grow your wallet. Do not try to hurry,  It can be very dangerous for your money.