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Author Topic: Fomo AGAIN?  (Read 356 times)
RapTarX (OP)
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October 19, 2021, 06:01:15 PM
 #1

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.

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October 19, 2021, 06:14:47 PM
 #2

Do you think FOMO is created once again & people are likely to get in?
Are you kidding?  It's only in times like these when FOMO rears its (often dangerous) head.  If you've got a real fear of missing out on bitcoin rocketing up to who knows what price, my advice to you is to keep that emotion in check as best you can--and I know it's hard when you're looking at preev or wherever and see it moving closer and closer to a new ATH.  Why?  Because I have a feeling that there'll be a dip either before it surpasses the ATH or shortly after if it does.  That'll be the time to buy.

I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.
Oh, man.  That sucks.  But if it's any comfort, I don't own much either and I'm more of a bystanding cheerleader of bitcoin.  It's times like this when I try not to think of the time I got scammed out of 0.3BTC by TimSweat.  Bitcoin was worth a lot less then and it didn't sting too badly at the time, but if I had that now....

Usually I have the Speculation section on ignore, but I just had to check the threads here today.  Have we not already hit a new ATH?  Per preev, bitcoin is at $63,280.

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October 19, 2021, 06:19:55 PM
 #3

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 think the large dump or correction that we have when it was under $30k was already enough for bitcoin to fuel the next ATH. And as it has reached $63k again, once it breaks to $64k we're going to see a lot of positive predictions again. Too sad to know that you've sold all that you've got if that means profit for you, you can always buy anytime that you want. There's always the better side to look at the bitcoin market when you've realized that this is for long term.



 

 

 

 

 

 


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October 19, 2021, 06:53:18 PM
 #4

That'll be the time to buy.
I was too much tempted to buy & I did a few hours ago. In any case, if there's a dip, I'll not miss the chance, of course. I have a feeling that $100k is very near; I don't know, I'm too stupid at speculation. Otherwise, I could have a big amount ATM.

Quote
It's times like this when I try not to think of the time I got scammed out of 0.3BTC by TimSweat.
Pretty sad that you have been scammed; it's hard to believe. I just have gone through the scam accusation thread and read that. That's sad.

Quote
Have we not already hit a new ATH?  Per preev, bitcoin is at $63,280.
Previous ATH is ~$64.8k according to Coinmarketcap.

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October 19, 2021, 08:39:29 PM
 #5

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.
Regrets like this on where people do really missed out again on buying the dips which is really very common and i do have the same regrets too and believe that we would really be heading out with those prices
because people do really presume that we would be heading back on 20k but things do happen unexpectedly where we are already on ATH and it could even possibly able to reach up 70k if this price rally
would gradually still continue but im not really that still much confident though but i do really agree up on what FOMO kind of feeling once again specially on times like these.
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October 19, 2021, 08:47:16 PM
 #6

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.
This is not FOMO and the chart says, its a long overdue trend and its good that we finally reach this level. Today is the day for new ATH and its really good to be on this level again.

Its ok if you don’t have Bitcoin for now as long as you have good altcoins because they will pump as well later on. This might be the last bottom for this year, who knows right so better to have some Bitcoin now.

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October 19, 2021, 09:10:15 PM
 #7

Something about today's volatility tells me that we might just have entered the rally. The price jumped alot even when expectation for a slight drop was expected but it never happened. The ATH high is almost beaten tonight maybe the early hours of the morning on the forum we see a different ATH and so this time can be the dip that we couldn't take advantage of now because the future price would be far above today's price.
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October 19, 2021, 09:19:09 PM
 #8

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.

Exactly my thoughts. I also used to think BTC scratching the $20k area again before it goes up like crazy (or like it did already). Those green sticks are looking like ladyfingers I wanna eat haha. And yeah, BTC didn't break its ATH just yet because the previous one was very near to $65k and today's high (at the time of writing this) was ~$64,350, and I believe that BTC can come near $61290 before breaking its ATH again. I don't think that BTC would cross $100k as many analysts have predicted, I see it at $75k max this year. And this doesn't really look like a FOMO but institutional fever.

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October 19, 2021, 09:35:01 PM
 #9

FOMO is like inevitable for so many investors undoubtedly. Because the market is on a continual rise now. Bitcoin price is very near to set a new record and make it even much better. People see this as a golden opportunity and don't want to miss this one. They are like in the race with each other for making investments. Because they are starting to be afraid of losing this chance whille seeing that there are people who make a good amount of profit.
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October 19, 2021, 09:46:21 PM
 #10

This is a real bull market now and not FOMO, the hype is here and the new ATH will be made within 24hrs from now. Well, you should have no regrets if you do sold your Bitcoin at profit and don’t worry because there’s still a lot of opportunity to own Bitcoin so its not too late yet and don’t panic just enjoy the price of Bitcoin today.
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October 19, 2021, 09:49:11 PM
 #11

Where were you when the price hit 30K for multiple times? This was clear indicator that there was a very strong support on that line and I guess that we have to risk sometimes. The perfect time doesn't exist because you can't predict the future but the perfect risks exists that can bring you a good profit. Life is a risk, every moment is a risk.
I don't give financial advise but this is the good and bed moment at the same time. Personally, I think that since we are near to new ATH, price will continue to rise and we will see another bullrun. Maybe it won't be as intense as old bull runs because price is already very, very high and we won't go from 60K to 2 million (but we went from $600 to 20K back in 2017, though) but maybe we hit 100K and then huge fall may happen like BTC went from 20K to 3K at past, then it will play in certain price frame.

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October 19, 2021, 10:08:07 PM
 #12

Where were you when the price hit 30K for multiple times? This was clear indicator that there was a very strong support on that line and I guess that we have to risk sometimes. The perfect time doesn't exist because you can't predict the future but the perfect risks exists that can bring you a good profit. Life is a risk, every moment is a risk.
I don't give financial advise but this is the good and bed moment at the same time. Personally, I think that since we are near to new ATH, price will continue to rise and we will see another bullrun. Maybe it won't be as intense as old bull runs because price is already very, very high and we won't go from 60K to 2 million (but we went from $600 to 20K back in 2017, though) but maybe we hit 100K and then huge fall may happen like BTC went from 20K to 3K at past, then it will play in certain price frame.

now that its $64K, it already felt like its about to fall. i already sold at 59k and stop myself from buying already. so if its going $100k, i'd really miss the chance if i'd not buy. people who once own BTC probably had bought again but it's the new investors i guess the investors who expect the BTC ETF spot market to be approved.

altcoins holders probably will feel the fomo because altcoins are falling while only BTC surprises them.
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October 19, 2021, 10:10:41 PM
 #13

Do you think FOMO is created once again & people are likely to get in?
Are you kidding?  It's only in times like these when FOMO rears its (often dangerous) head.  If you've got a real fear of missing out on bitcoin rocketing up to who knows what price, my advice to you is to keep that emotion in check as best you can--and I know it's hard when you're looking at preev or wherever and see it moving closer and closer to a new ATH.  Why?  Because I have a feeling that there'll be a dip either before it surpasses the ATH or shortly after if it does.  That'll be the time to buy.

I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.
Oh, man.  That sucks.  But if it's any comfort, I don't own much either and I'm more of a bystanding cheerleader of bitcoin.  It's times like this when I try not to think of the time I got scammed out of 0.3BTC by TimSweat.  Bitcoin was worth a lot less then and it didn't sting too badly at the time, but if I had that now....

Usually I have the Speculation section on ignore, but I just had to check the threads here today.  Have we not already hit a new ATH?  Per preev, bitcoin is at $63,280.

Yup, unfortunately FOMO happens at the wrong times, when the markets start moving
up, IMO and what many on here do is buy the dips, the dips are the times to FOMO.

nATH approaching, as posted there is a high possibility it will happen today/tomorrow.
The great thing about breaking an ATH is there is no history, its like a new frontier.

R


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October 19, 2021, 10:32:48 PM
 #14

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.
We probably are going to reach the new ATH anytime soon today. I wonder what it's going to be this time and how fast it's going to get dumped. If you "realized" that you are FOMOing, then its good. At least you know what to expect. And you have invested now what you could afford, so it won't hurt you much when the price goes down. It's okay you didn't buy the dip. You bought now, make sure you don't sell it until you reach your profit goal.

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October 19, 2021, 11:36:14 PM
 #15

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.

We did have a dup to $28k-$29k this year, and I think that is the last leg up to new all time high.

FOMO is on the round numbers, so when we hit $60k, it's just a matter of time that we are going to hit $64k or higher, which eventually happen today. So next FOMO will be $70k and then $80k ....

Well, it's not late mate, you can still buy BTC in small portions, or just save some.

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October 19, 2021, 11:46:28 PM
 #16

Friends contacting me and ask how to buy bitcoin. Fomo yes!
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October 19, 2021, 11:58:52 PM
 #17

We're in the new ATH now? (correct me if I'm wrong)
Bitcoin price has been reached the $64.4k range and the previous ATH price was the $63.5 range.  So I think, at last, we have surpassed the previous ATH in just a matter of months, and in a year, there's two ATH had happened.

I don't see it in FOMO, IMO.  We have real investors that become Bitcoin rapidly increase the price and the good news that happens around was also the possible reason and helping Bitcoin pumped too much.  There's a lot of good news that happened and recently, it was about Bitcoin ETF, and secondly, there are countries that announced of possible legalization of Bitcoin and adoption.  So, it could be the possible reason for this new ATH happened.

FOMO?  No, it's a real investor and this isn't hype.

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October 20, 2021, 02:43:16 AM
 #18

There is no fomo if you can still control the caps you enter in (at least you didn't all in passionately). I don't know when the OP started monitoring the charts, in fact we've gone up 1/3 slowly and steadily since October 1st.

There is actually a trick to reducing FOMO, by reducing the large number of stable coin holdings (or whatever pair you are accustomed to trading with bitcoin) at the earliest signs of a bull market.

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October 20, 2021, 04:21:50 AM
 #19

  Have we not already hit a new ATH?  Per preev, bitcoin is at $63,280.

Bitcoin just hit $64,434.53 recorded as high on CMC. A few couple of dollars behind the last ATH which was recorded around $64,800+ on April 2021.

I guess this might be a mix FOMO and investors suddenly influx to the market as Bitcoin has been gradually gaining value since the start of October. Some people think this could go on till $100,000 and I can say they're the one who's fomoing.
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October 20, 2021, 04:27:19 AM
 #20

I haven’t thought it could be a new ATH without a big dump to $10k-20k
You have the weirdest expectations from bitcoin Cheesy
You basically expected a 85% market crash (a massive one) before price goes up which makes absolutely no sense. Specially since price was far from being in mini bubble let alone in a big bubble that could lead to such a huge crash!!!

Quote
I just have realized that I'm in FOMO
I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.
Let it be a lesson to you to buy bitcoin in dips and stop waiting for unreasonable crashes Wink

Quote
Do you think FOMO is created once again & people are likely to get in?
It is starting to. Usually when there has been a lack of big rises, the FOMO-type-people remain doubtful and don't start buying until it is too late. Right now it is a little late so there are small FOMO buys here and there. I believe the bigger FOMO will start after new ATH was set (ie. 65k+) and the momentum shows no sign of slowing down.

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