Are you feeling FOMO like I am?

[Fivestar4everMVP]

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?

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[apogio]

Anyone else feeling same way?

Personally, not at all mate, I always look at my BTC as a total amount of sats and I never look at the exchange rate.

So let's say I hold 0.1 BTC, I never make the translation in dollars. I like accumulating BTC so much  

I know I am not the average person, because I don't view Bitcoin as an investment but as better money, so I try to hold as much as I can of this type of money.

By the way, I am not buying much BTC at the moment, because I have some real-life issues and I don't have a lot to save, but if I did, I would buy no matter what the exchange rate was. _{(Not a financial advice)}.

[Z-tight]

For a lot of people fomo starts once the price begins to rise, i believe that it is mostly weak hands who are affected by fomo, that's because many of them do not buy BTC until the minute the price starts to rise, once the pump begins, they start to fomo buy. If you already hold BTC and you want to accumulate more, i am not sure if it is a situation that can be called fomo buying.

[komisariatku]

Anyone else feeling same way?

I think it is natural that because the price of bitcoin continues to rise, we can calculate the possible profits that we can get from bitcoin. Everyone wants profits and the best way is to have more bitcoins. If you still have money, there's no harm in buying bitcoin again and again because we see bitcoin price movements continuing to rise steadily

However, don't panic if the price drops by several thousand dollars because sometimes after an increase there is a correction but if I look at the chart it looks like it will continue to rise. Just my feeling, I'm not a professional trader

Personally, not at all mate, I always look at my BTC as a total amount of sats and I never look at the exchange rate.

wow.. you are a cool person because you can see bitcoin as bitcoin while I can't, I see bitcoin in fiat rate. Maybe this is because my country still prohibits transactions of goods with bitcoin, so I place bitcoin as an asset that can be exchanged for fiat money. Are you planning not to exchange bitcoins and will use bitcoins as a currency, not as an asset, so that you can view bitcoins in sats, not fiat exchange rates?

[Sim_card]

I feel the same OP, since I am new in my bitcoin journey and I have not accumulated up to a significant amount. Anytime that I see the price pump, this thought comes into me, but there is nothing I can do than to trim my expenses and use any extra to buy bitcoin, which is my weekly routine. DCA is what has helped by to the level but I am not happy that I wouldn't be able to accumulate more this December because of the expenses that will come during this season. I wish I had a good amount of bitcoin, it would have been the best. You can continue to accumulate more bitcoin, as long as you can afford.

[Oshosondy]

Anyone else feeling same way?

Anyone that knows about bitcoin that its price is going to over $100000 this time will fomo.

[dunfida]

--

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?

We are just humans then feeling something like this or simply talking about FOMO is something inevitable that could be felt by someone. We dont really like on missing out the train again but honestly
if ever we've decided to buy then we should really be doing that earlier on the time that the price isnt really that hitting up that high. Now we might really be thinking that it might be shooting up
its price upto 50k and this is something that a normal impression and that kind of boost feeling which it is really that normal to have. This is why decisions be made would really be entirely be
depending on someone on how far they could really be able to risk on since not all wouldnt really be risk takers.

So its up to you whether you would really be buying more or would really be that waiting for some correction but actually these things could really be that
depending whether you are making some short term trades or really that basically holding for long term.

[apogio]

wow.. you are a cool person because you can see bitcoin as bitcoin while I can't, I see bitcoin in fiat rate.

Naah, not a very cool person, but thanks.

Are you planning not to exchange bitcoins and will use bitcoins as a currency, not as an asset, so that you can view bitcoins in sats, not fiat exchange rates?

Exactly. However, life is life, so in case something bad happens to me and I need to convert BTC to FIAT, I will definetely do it, unless Bitcoin is so widely adopted that I can use it as it is. The plan is to use it as money, not as a means to get more FIAT money.

[Kemarit]

Nah, I think being in the market for so long, this could be just a normal day for crypto investors. But for those newbies who might join the market early this year or even last year when the price goes down hard because of the FTX collapse, and seeing the price right now, this could be FOMO for them.

However, we will get into the excitement area when the price goes into another all time high.

$100k or more will be huge for us in the next bull run. So let's see how it goes after the block halving next year.

[Odohu]

It is really difficult not to feel FOMO at this point because we never expected the bulls to be this strong at this point. I guess no one want to be left behind in the next wave.

Many people who are fixated on the Bitcoin price cycle are still expecting this types of movement this time next year but the market has already shown the peculiarity of next year's halving. Imagine the ETF approval happening before the halving, the move will just be simply uncontrollable.  

[Marvelman]

Seeing Bitcoin touch $44,000 today got my pulse going for sure.  The past couple weeks have been a rush, can't pretend I'm not getting caught up in all the hype and  when you watch the price ticking up everyday, the FOMO devil on your shoulder whispers "You should've put more cash down on this!"

But, I'd say take a breather first.  Think hard - are you really confident in crypto long-term, or just desperate not to miss the train?

If you've done your homework and believe the tech is solid, then I'd say go ahead, buy those satoshis.  But if you've got doubts better to play it safe rather than risk what you cant afford to lose.  In times like these the FOMO is real, but only you know what's right for your situation.

[salad daging]

When the price has started to rise continuously for a few weeks I think it's still natural to have FOMO in our feelings, it will be the same thought and always say to ourselves why not buy more when the price has not risen like this, so that's how it feels right now. 

It is still very possible that if the price drops below $40K maybe it will be a correction or what is called a bull trap? I won't focus too much on that and will stick to holding, won't look at the market too often.

[South Park]

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?

You are not alone, even if I have invested some spare money during the previous months, when I see the price of bitcoin and how high it is already I definitely would have liked to get even more bitcoin at the time, but when I think about it, the bitcoin currently on my wallet is the highest I could have gotten anyway, so there is no point on regretting something that is completely out of my control, with that being said I thought I had more time to buy bitcoin for a low price as I did not expected the price to be that high before the halving.

[electronicash]

i saw a post it's going to hit $50k before a slight correction and then bounce again. so ye there certainly is a fomo going on. though i bought altcoins when the price was $38k, the price of the altcoin is also up so i don't regret it. but i wish i had DCA since.

those who kept saying $12k must have been scrambling to buy. its happening so fast i was just buying bread outside and came back the price is already $43k. too fast to make nonbitcoin holders buy at lower price

[coolcoinz]

It's nothing special for those of us who saw bitcoin slide from 60k to 30k in 2021 and then go back to 70k. I've been saying it many times during the last bear market that for me 25k is the fair low for bitcoin and 20, maybe 19k is the low that bitcoin could go to. We went far below due to scams (Luna, FTX) which were artificially dragging bitcoin below its fair price.

As for the fair price concept, I agree with PlanB, although I accept even greater low margins than he does, because he aimed at 26-28k fair value in q3 2022 when we were scraping the bottom.

Anyway, I was telling people that selling below 20k is a bad idea, and here we are. I'm not surprised that we went to 40k, although I am surprised we did it before the halving.

[oktana]

But why is it that people wait until it’s already going up before they jump in? What harm is it if you had simply bought before now or even DCA the whole time? Some people are already making profit because they got in earlier, isn’t it Bitcoin? It definitely ends with going up. My advice to you is that in all you do, make sure you do not go as far as using money you’ll need in a couple of months, so you don’t end up forcefully withdrawing when maybe the price hasn’t favored your target, but yet you need the money.

[Finestream]

The same feeling I have but I have to stick with only an amount that I can afford to lose. Buying more could create more advantage while seeing the market continues to be bullish, but we all know that the market won't stay bullish the whole time, so I'll just wait for a price decline anytime and probably that time, I will be eager to add a portion of bitcoin into my portfolio.

However, for those who have not invested in bitcoin, I still suggest to start buying now. Bitcoin is always bound to be highly profitable, most especially that the market is preparing for big events early next year, so most probably the reason why bitcoin starts to be seen bullish right now.

[btc78]

personally no until i read your post

i have always said that i am just grateful enough that i have bitcoin and now that the price is starting to rise i feel excited but the thought of “i should have bought more” does not cross my mind this is because the money I used to buy bitcoin was money I saved myself so I am happy and sure that even with only a few satoshis, I can expect a good profit

don’t think that i am settling too much it’s just that i am short in money right now and there’s nothing i could do any further so instead of having fomo i just focus on the bright side: i have bitcoin

[BenCodie]

I have KIMM
Knowing I'm Missing Out

I was one who thought another dip was on the way, a black swan, my orders were ready...I didn't succeed. Though, that is fine! It's not the end of the world and nature has its course. I still enjoy the ride with the BTC and alts I have, and feel fulfilled with the ongoing positivity with the industry.

Whether accumulation is wise or not now is a vital question. Few people call for a bull trap, however the market can do unexpected things. It's not the first time we've seen a meteoric rise so it isn't out of the question.

I wonder how high we will go and if this so the last time we see the prices we saw in 2023...

[iv4n]

Nah, I think being in the market for so long, this could be just a normal day for crypto investors. But for those newbies who might join the market early this year or even last year when the price goes down hard because of the FTX collapse, and seeing the price right now, this could be FOMO for them.

However, we will get into the excitement area when the price goes into another all time high.

$100k or more will be huge for us in the next bull run. So let's see how it goes after the block halving next year.

I agree with you... for us old timers this is like a normal day, it will be a lot more interesting when we get to the new ATH. I think that this is a nice peak, but I am not sure that this is a bull run and that the price will continue to grow. I guess we will have a lot of volatility before we get into the bull run and Bitcoin at some new all-time high prices.

If history repeats itself we will not see a bull run right after halving... the bull run usually comes the year after the halving.