Are you feeling FOMO like I am?

[m2017]

Bitcoin touched $44,000 dollar for a moment before sliding back a bit to $43,780 dollars (at the time to creating this post).

And this clearly shows that, we are gradually entering the bull season, bitcoin has being on a bullish trend for several weeks now, and seeing the price touch $44,000 dollars today gave me two feelings,

I wouldn't rush to conclusions. It's still too early for bull season. Prepare yourself mentally that there will (we may see) a sharp drop.

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Seeing the rising price of bitcoin often gives a similar feeling of “we need more gold bitcoin”! There's nothing you can do about it.

You should have stocked up more bitcoin while it was available, but, as always, you doubted (in bitcoin) and only new hype (fomo) and greed are forcing you to now want to get more bitcoin.

Anyone else feeling same way?

You have the behavior of a capricious investor, while true investors act with a cool head.

Only beginners.

[tjtonmoy]

Anyone else feeling same way?

Maybe a little bit but not entirely. I have been accumulating Bitcoin for a while now. I am seeing some profit from my investments, but that doesn't mean that I will invest more because of the recent market condition. It is already known that Bitcoin will eventually cross all the boundaries and make a new all-time high in the next bull run. So why is it that now we should feel FOMO?

I am happy with my investment and the profit is going to be good. Just by watching the current market price, if you feel like investing, never do that. These are short term hype that has nothing to do with the long term plans. See the bigger picture and don't feel emotional.

[AakZaki]

Seems a really FOMO experience  
That's bad news for you mate. For sure in your country, they are very strict when it comes to Bitcoin or any cryptocurrency transactions.
It's fine, maybe you can just buy some stablecoin and wait for some pullback or dip so you can properly positioned.

I think everyone who trades has experienced FOMO. So am I, but I have learned from my trading experience. So right now I'm avoiding FOMO. There is indeed a sense of difficulty eliminating but when you are disciplined then I believe slowly you can eliminate FOMO. Indeed, the first key is mental and emotional, if you are able to control both then discipline with a target will be easy to do, so you will avoid FOMO.

[Dump3er]

Seems a really FOMO experience  
That's bad news for you mate. For sure in your country, they are very strict when it comes to Bitcoin or any cryptocurrency transactions.
It's fine, maybe you can just buy some stablecoin and wait for some pullback or dip so you can properly positioned.

I think everyone who trades has experienced FOMO. So am I, but I have learned from my trading experience. So right now I'm avoiding FOMO. There is indeed a sense of difficulty eliminating but when you are disciplined then I believe slowly you can eliminate FOMO. Indeed, the first key is mental and emotional, if you are able to control both then discipline with a target will be easy to do, so you will avoid FOMO.

It probably depends on the portfolio someone is holding. If you are invested quite a bit already, FOMO may not be a big deal every single time the green candles pop up. But if someone just found out about BTC or dared to invest small amounts, I think FOMO is much more of a thing to that person.

But yes experience is huge here. Everyone who went through the stormy weathers that BTC held for us in the past, is better equipped with the tools to cope with emotions during crashes or moon rides. We all know where it can end!

I remember the days when FOMO hit me hard or anxiety to lose it all. I think nothing can take that away from you except for experience.

[Mate2237]

The rise of Bitcoin makes many to be happy because that is what everyone is waiting for. And for those who have been investing since when Bitcoin was at the rate $16k last year will be very happy to see this price like this. And the time when this thread was created Bitcoin market e was on green and the price surpassed the $44k before coming back to $43k today as of this comment. And we all know that the price is volatile so if anyone who is interested to purchase Bitcoin as the op said that he is interested to accumulate more can so now.it is not too late.

[flyingcarpet]

Anyone else feeling same way?

Maybe a little bit but not entirely. I have been accumulating Bitcoin for a while now. I am seeing some profit from my investments, but that doesn't mean that I will invest more because of the recent market condition. It is already known that Bitcoin will eventually cross all the boundaries and make a new all-time high in the next bull run. So why is it that now we should feel FOMO?

I am happy with my investment and the profit is going to be good. Just by watching the current market price, if you feel like investing, never do that. These are short term hype that has nothing to do with the long term plans. See the bigger picture and don't feel emotional.

Everyone invests according to their own plans and expectations from the future. Everyone's emotions are different and investing may vary accordingly. I think no one is at fault because not everyone invests the same way. The important point here is that the investor makes his investment according to a plan and follows his own plan.

We all know bull season is coming. If you are an investor who knows how to wait, you can eventually make a profit. We can sometimes act emotionally when investing, and I think this is something that can change with experience.

[GiftedMAN]

FOMO is a normal thing but letting FOMO stop you from facing the reality is going to be a regrettable mistake whi h I think the op don't want to make or do you? If you are a strong holder keep still because there is a tendency that the price of Bitcoin may hit $50k before the end of December don't let the rise and fail of the price stop you from accumulating more if you are capable. Personally Fomo lest me when I saw the price move to $35k I was a bit relieved because I thought Bitcoin price will still go down maybe till 2024 but I got it all wrong seeing that the price hit to $44k and still going to go up soonest.

[ancafe]

Everyone invests according to their own plans and expectations from the future. Everyone's emotions are different and investing may vary accordingly. I think no one is at fault because not everyone invests the same way. The important point here is that the investor makes his investment according to a plan and follows his own plan.

Everyone has different plans when investing and the availability of capital does not stop us from continuing to collect bitcoins. Investing must be done responsibly and overexerting yourself can affect your psychology so it must be a reasonable amount so that you can be responsible and can make it feel comfortable to do so.

We all know bull season is coming. If you are an investor who knows how to wait, you can eventually make a profit. We can sometimes act emotionally when investing, and I think this is something that can change with experience.

Long-term holders will definitely be much more profitable because the price will continue to soar according to the current cycle. It is normal to be emotional when the bull season arrives because we see prices rising slowly which makes people feel regretful when they did not buy before the bullish season.

[hd49728]

Long-term holders will definitely be much more profitable because the price will continue to soar according to the current cycle. It is normal to be emotional when the bull season arrives because we see prices rising slowly which makes people feel regretful when they did not buy before the bullish season.

With long-term holders, they have to beat themselves first, before can get profit from the market.

Because they hold their coins long-term, they must hold those coins safely and there is a vital need for safe storage method. If they plan to hold coins long-term but only let their coins on centralized exchanges, they will be rekted anytime.

How to back up a seed phrase?

It is not like a paranoid thinking but it is a vital and strong reminder for everyone who want to build up their wealth with hodling.
Reminder: do not keep your money in online accounts

[Ale88]

Bitcoin touched $44,000 dollar for a moment before sliding back a bit to $43,780 dollars (at the time to creating this post).

And this clearly shows that, we are gradually entering the bull season, bitcoin has being on a bullish trend for several weeks now, and seeing the price touch $44,000 dollars today gave me two feelings,

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

I feel like we're going up too much, and also too quickly. It's been, what, 2 months since the last time BTC took a little break? Of course I'm happy when it goes up but at the same time I don't feel like this is good in the long run, it has to slow down otherwise there is the risk to see a massive sell off after the ETF gets approved. I'm not sure I would buy more in this situation, I don't think it would be a smart move.

[AicecreaME]

There's nothing wrong buying bitcoin right now, if you really want to and you know what you're doing.

I've never feel FOMO to be honest, because I know there's only limited amount of bitcoin I can accumulate in a certain period of time. I don't stress myself out on something that I don't have any control or anything. I'm happy on whatever I have, what matter is that I can also have a profit when Bitcoin's gonna make another all time high in the future.

[Webetcoins]

Not me, but my spouse does, for sure. Every time Bitcoin goes up at least $1k, she asks me if she made a mistake by not buying more earlier, and then she goes ahead to buy a small amount and sells it for a small percentage of profit and then regrets when the price goes even higher, lol. That happens with everyone, trading cryptocurrencies is a roller coaster and one will always have mixed emotions unless they have planned and decided everything beforehand.

People who have or had liquid assets when the market was still low, like around $26k, and didn't buy Bitcoin or anything and they have seen the market coming this far will surely feel FOMO throughout the run that we have seen, and it's natural because you see yourself losing out on great profits when you also had money to invest.

[Mauser]

Bitcoin touched $44,000 dollar for a moment before sliding back a bit to $43,780 dollars (at the time to creating this post).

And this clearly shows that, we are gradually entering the bull season, bitcoin has being on a bullish trend for several weeks now, and seeing the price touch $44,000 dollars today gave me two feelings,

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

I am also excited for Bitcoin to have a small rally before Christmas. To me it was just a matter of time before the crypto boom would come back. Any price levels above 40k USD are huge and I hope that we are going to stay on those levels for next year and not fall back down again. FOMO can be a risk when we are only running behind the trend and never actually participate. As long as you already own Bitcoins and participate in the current rally, I would try to not start buying large amounts now for the fear of FOMO. In my opinion the best approach to acquire crypto currencies is still the DCA method and it worked really well in 2023. Buying a fixed number of coins every month or every two weeks, is going to lead to a great average purchase price, as the long-term trend of Bitcoins is positive. We need to be realistic when it comes to FOMO, buying now large amounts would mean that we think the rally is just starting and there is a big upside potential. In case you don't own any Bitcoins at all I would consider buying some, in any other case I would just keep my current ones and wait for a new ATH before taking profits.

[blckhawk]

Not me, but my spouse does, for sure. Every time Bitcoin goes up at least $1k, she asks me if she made a mistake by not buying more earlier, and then she goes ahead to buy a small amount and sells it for a small percentage of profit and then regrets when the price goes even higher, lol. That happens with everyone, trading cryptocurrencies is a roller coaster and one will always have mixed emotions unless they have planned and decided everything beforehand.

People who have or had liquid assets when the market was still low, like around $26k, and didn't buy Bitcoin or anything and they have seen the market coming this far will surely feel FOMO throughout the run that we have seen, and it's natural because you see yourself losing out on great profits when you also had money to invest.

Fun story, I can attest that it definitely happens to the best of us, you selling for a small profit and then the price starts surging again which is a doozy for you but I have learned to not care too much about what happens after whenever I sell a small portion of my bitcoin hoard to buy some stuff that I want to buy. The best thing to do when you feel that feeling of missing out or that you should have sold a bit later to enjoy a bigger profit is just think of selling that bitcoin and making a profit out of it as free money that you did not work too hard to get and that you're just enjoying that free money and it should be a mindset for us that free money should be guilt free.

[NASdaq]

Every time before market goes up i told myself "no fomo" and after i get fomo again. Nothing changes...

[dezoel]

You said it slides back. Then why continue being positive and say that we are now entering the bull run?
What if the thing that happened lately is only just a trap? This is why we shouldn't FOMO. Even without the latest happenings or before we invest in Bitcoin, the excitement is already there. Its level can only go high or low depending on what we saw and hear.

What you are currently feeling there is I think what you don't call a FOMO anymore but it is greediness, because you said you haven't get enough. But then, you also said this was supposed to be the Bitcoin that you are already comfortable with. You should follow this one better.

[abel1337]

This is why I accumulated as much bitcoin as I can last bear market. I don't want to get FOMOed at time like this and regret it when hit with a correction. Right now, I'm satisfied with the bitcoin I currently have but I still want to add more if a deep correction occur. Currently, I'm a calm guy that is just waiting for things to happen, whether it continue goes up or go down, I'm all good.

I've experienced being FOMOed and being too late last bull market and I don't want to experience that kind of regret again even I profited last bull market, the profit margin would be much much better if I buy early when the market is in chaos of dumping. I know most of us knows that we will experience a bull market soon, that's why I took advantage of the bear market to get as much bitcoin as I can.

So lesson learned, if you don't want to get FOMOed, do a research as early as you can and take advantage of opportunities to accumulate.

[DabsPoorVersion]

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

Personally, No.

Purchasing Bitcoin regularly can help you not to get FOMO'd, no matter what the price is, you won't be tempted because you have a long-term goal. You are being prepared for this kind of scenario and already know what you need to do. The same with the holder which purchased in a lump sum during the bear season, they already prepared their Bitcoin holdings for this bull market.

The ones who are getting FOMO'd are those people who don't have enough experience and knowledge in the market. They didn't prepare for the bull run and didn't want to get left behind. Most of the time, this becomes the reason why they get more losses.

[angrybirdy]

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

Personally, No.

Purchasing Bitcoin regularly can help you not to get FOMO'd, no matter what the price is, you won't be tempted because you have a long-term goal. You are being prepared for this kind of scenario and already know what you need to do. The same with the holder which purchased in a lump sum during the bear season, they already prepared their Bitcoin holdings for this bull market.

The ones who are getting FOMO'd are those people who don't have enough experience and knowledge in the market. They didn't prepare for the bull run and didn't want to get left behind. Most of the time, this becomes the reason why they get more losses.

Agree! This is a very common problem for newbies, and most people lose money by making decisions at the wrong time. Those people who are experiencing FOMO are the one who doesn't have enough idea about the market. As we know that FOMO is a common feeling more likely of anxiety,  it is liable to lead you to make mistakes like buying more than you can afford. More likely, FOMO will lead you to buy when the price is too high, and sell when the price is too low.

[Lida93]

First is excitement, I was and still excited, but somehow, I have this feeling of fomo running through me, I feel like I have not enough bitcoin and I am highly tempted to buy even more now , this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

Op that's the "how I wish" syndrome running through your head.

How I wish I had bought much more than I did!

How I wish this... How I wish that...

Innately as humans we are not satisfied with what amount of a thing we own, we can only wish we had more, but have you asked yourself what happens to those that have just a piece/little of what you have, it about those that don't even own it BTC at all?

Maybe with this food for thought we can always appreciate the amount of bitcoin we have been able to accumulate and hodl, and them work out ways to continue accumulating more because that amount bitcoin you think you haven't accumulated well enough is someone's else's dream of reaching at as a bitcoin owner.

So far so good, let enjoy the bullrun and the profits the follows, no FOMO no worries.