FOMO has started for Bitcoin

[Alucard1]

Bitcoin becomes so attractive for many people in a different country, the inflation of it makes the community bigger but there are still many people who keep on bashing the world of crypto because of thinking that it is a scam, it started a long ago and still continuous until now, well, we cannot blame those people because we can force them what to believe and not to believe. If you are a strong believer of bitcoin then for sure you are investing for the long term, that is what a strong believer of bitcoin does.

[bassbity]

It is true that we cannot easily fall by FOMO which is hot to our ears. Indeed, looking at the price of bitcoin, WHO is not tempted. of course everyone will be easily attracted, but behind this we must be able to control our emotions when making decisions.

[Mulann2]

it won't be goon for people to fomo into buying btc at there very high price, the market is not certain, although many people think it will go even higher but there is the possibility that it will go low as a result of the continuous price pump, i know it is very tempting but i would rather wait and watch will happen by January before buying. 

[pealr12]

it won't be goon for people to fomo into buying btc at there very high price, the market is not certain, although many people think it will go even higher but there is the possibility that it will go low as a result of the continuous price pump, i know it is very tempting but i would rather wait and watch will happen by January before buying. 

it is hard to stay on the side line and watch while the btc market is looking more and more tempting, the truth is, if you already had some btc it is easy to be calm but if don't have btc at all the only thing that will keep coming to mind is buy to enjoy the ride with others, i can't really blame some people who will fomo in and take the chance, some risk can be worth it while others are not, but if you don't take risk at all you will never know.

[Bitcoin-Pro]

i sold all my bitcoins. i may buy it again when it fall to $6k 

i think most people are smarter than before. after many FOMO with such crypto projects.

[AicecreaME]

If you are looking for short term gain then give it a second thought.

I call this 'chasing a bull run'. Some people would wait through the bear market, but attempt to buy in when the price is already picking up momentum and we are looking to get into a bull run. It's very risky and one can easily lose money trying this. If you jump in too early you could find yourself at the top of a spike (not the bottom of a rally) such as what we experienced multiple times in the last months, and if you wait too long you could miss the bull run completely.

The best time to buy is during a dip, the second best time is whenever you are convinced of it. Just make sure you're investing amounts you can afford to lose.

Well that's because people are doubting Bitcoin whenever its price is in the bearish market, maybe what they have in mind is that Bitcoin is going to be devalued or something crazy. So waiting in the bull market is their only choice to buy Bitcoin as an investment, which is not profitable. The combination of FUD and FOMO will just burn your capital especially if you always wanted to cash out your Bitcoin whenever its price go down even a little bit.

[kentrolla]

We might come across so many users posting unrealistic predictions about Bitcoin. We have already witnessed this during December 2017, so please be more cautious than ever before you invest into bitcoin by doing your own research and if you are ready for a long term investment then you may think of investing so that even during worst case situation you will get back your returns just like those invested during last peak and hodled it got it now. If you are looking for short term gain then give it a second thought.

Exactly, predictions these days are beyond thinking as institutional investors are buying BTC everyone comes up with different predictions like BTC might reach 100k, looks like this is suppose to happen in couple months and they don't want to see drop. And yes like you said if someone is planning for long-term investment just go ahead even now the price is yours, short-term investors want to accumulate small profits so they want to be more proactive after investing. Because anything might happen as the price is already in extreme peak.

[serjent05]

It looks like FOMO hadn't stopped yet.  Bitcoin price now climbed $28k+,  We might see $30kish Bitcoin on the first week of 2021 and that would be a great Happy New Year blow out for the BTC holders. 

i sold all my bitcoins. i may buy it again when it fall to $6k 

Well, I hope you are able to buy at that price, maybe wait after this bull run and double your target price  .

[Ridwan Fauzi]

Short term investment is the best thing to choose for now, also you may need to set the stop loss positive when you get profit. Indeed, the current condition still give a good effect for bitcoin moreover the US government still have a possibilities to give another stimulus which mean that can make bitcoin price up more than now. The decreased price after the bull run still seems to haunt many investors. No wonder when bitcioin touches a psychological price its price will fall rapidly.

[finaleshot2016]

FOMO does really exist in different matters as long as the individual is not informed about those things. FOMO happens right now because they feel that the hype will still go on and they feel that they will survive even they're too late to invest in bitcoin right now.

If they want to invest, they should've entered at the right time or maybe try short-term investment to gain profits, it's not recommendable to invest in something that is already started a long time ago.

[mezzaluna]

We might come across so many users posting unrealistic predictions about Bitcoin. We have already witnessed this during December 2017, so please be more cautious than ever before you invest into bitcoin by doing your own research and if you are ready for a long term investment then you may think of investing so that even during worst case situation you will get back your returns just like those invested during last peak and hodled it got it now. If you are looking for short term gain then give it a second thought.

There are always lots of speculations about Bitcoin losing its value because that is what other people want. New users are already scared to jump into this industry just because they are saying that they will not be able to jump into the trend which is happening but they are just missing out on the things of what could have happened and there are also old users that are unwilling to return because they are saying that it will just drop to nothing.

The reason for the is FOMO and yeah, everybody will experience it but we must stay calm since what we need to do is just do things normally and keep reading news on what would possibly happen within this industry.

[Mpamaegbu]

I call this 'chasing a bull run'. Some people would wait through the bear market, but attempt to buy in when the price is already picking up momentum and we are looking to get into a bull run.

This is the mistake of many a newbie. Those who do this think that when the market is flat that those crashed coins/tokens won't rise again. It's fear that makes investors do this. Their inexperience makes them wait for a rush to buy in order not to miss out. But the true position of things should be to become weary when everyone is rushing in to buy. The tight time to buy Bitcoin or any crypto is when that particular crypto is getting nice reviews before price starts moving. The rumour of war should get people prepared and not the war itself. But crypto veterans know this game that Bitcoin can never disappear and so they wait to stock their hodlings at each major corrections; not after that.

[Wysi]

You nailed it, it's common for most of us to be carried away by FOMO but what I don't understand over her is the fact we don't learn anything from the past. I know Bitcoin is really bullish nowadays as it was in 2017 when most of the users invested at peak before it crashed, now I don't think Bitcoin will crash anytime sooner but still users should understand they have missed the most profitable investment opportunity.

[Shasha80]

Indeed, it is recognized that many people are increasingly greedy with the current increase in the price of Bitcoin,  so forget about the events
that occurred in 2017. So FOMO is happening now, therefore the increase in Bitcoin in December was very rapid. Many investors ended up
missing the opportunity to make a profit, so I decided to sell my Bitcoin as much as 50%. The rest I keep HODL in case Bitcoin continues to rise,
even if the price falls in the near future I will have made a profit. So what I did was a win win solution.

[AmoreJaz]

You nailed it, it's common for most of us to be carried away by FOMO but what I don't understand over her is the fact we don't learn anything from the past. I know Bitcoin is really bullish nowadays as it was in 2017 when most of the users invested at peak before it crashed, now I don't think Bitcoin will crash anytime sooner but still users should understand they have missed the most profitable investment opportunity.

our situation in crypto is different as compared to 2017. the use case has grown also and more institutions are now trusting their funds to crypto esp in btc. btc price may go down again but this time, i believe it will not be that low as what we had suffered in 2018. maybe we will stay above 20k in the coming months. the btc market is really interesting to follow esp if you have btc stash sitting in your wallet.
after couple of months, let's see what will be the btc price and how it is doing in terms of adoption in the market.

[Kelvinid]

Indeed, it is recognized that many people are increasingly greedy with the current increase in the price of Bitcoin,  so forget about the events
that occurred in 2017. So FOMO is happening now, therefore the increase in Bitcoin in December was very rapid. Many investors ended up
missing the opportunity to make a profit, so I decided to sell my Bitcoin as much as 50%. The rest I keep HODL in case Bitcoin continues to rise,
even if the price falls in the near future I will have made a profit. So what I did was a win win solution.

That is simple, make your money secured first rather than miss this opportunity. Greedy people will actually be foolish to think more and more without anticipating possible huge correction just like what 2017 gives a disappointing moment to the people and many had suffered losses as they think it moves beyond $20k. And from that scenario, I'll take much cautious this time, better secured that to cry in vain. Even though I have the money to invest right now but I think the risk to face, better wait for the market to calm down first.

[Slow death]

We might come across so many users posting unrealistic predictions about Bitcoin.

if we look at the current price we can easily see that these price forecasts are no longer unrealistic. even a few years ago when Tom Lee was talking about $ 25,000 it seemed like a joke and today we are at $29,000 and it is at a level that is already impossible to fall below $25,000 or even below $20,000. we can say with certainty that it is going to $40,000 without any problem and it can even be said that it is impossible that it does not break $30,000. so I no longer see how these predictions can be unrealistic. can you tell what was the price forecast that you consider unrealistic

[idrisalomagold]

FOMO towards BTC may not be as simple during 2017 bull run or even during 2019 when the price climbs back to 9k level. In fact, btc can go even further than that right now so its not about greedy its about knowing when and how. Complex market needs better solution and one of the obvious answer was that "institutions" entering the market.

1. Institution (done)
2. Adoption (in progress)
3. Application (in progress)

[dansus021]

Wait Price Correction that literally not happen right now bull trend still exist

if we look at the current price we can easily see that these price forecasts are no longer unrealistic. even a few years ago when Tom Lee was talking about $ 25,000 it seemed like a joke and today we are at $29,000 and it is at a level that is already impossible to fall below $25,000 or even below $20,000. we can say with certainty that it is going to $40,000 without any problem and it can even be said that it is impossible that it does not break $30,000. so I no longer see how these predictions can be unrealistic. can you tell what was the price forecast that you consider unrealistic

well you true bitcoin price is hard to predict before this i just thought that bitcoin price will hit 25.000 next year i mean this month, but december 2020 its already break 25.000 so its crazy

[Poker Player]

Actually, google trends shows that the general public has started to be interested in bitcoin again. Current interest is at 31% and since Feb, 2018 it wasn't at that level. We still have way to go to reach the Dec 2017 peak but it can be reached in a couple of months. That's the global interest. If you search specific countries like Argentina or Turkey the interest is very high.