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Author Topic: Are you feeling FOMO like I am?  (Read 984 times)
Alpha Marine
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December 05, 2023, 09:06:54 PM
 #21

Not really.
I always knew the Bitcoin price would be like this towards this time and I acted before now. Whatever Bitcoin I have now is the amount I can afford so there's no need to feel bad about it. Since the price was around $27k I predicted that Bitcoin would get to $35k - $40k before the end of the year and I was right. So I saw it coming.

My joy is that Bitcoin is even doing better than I expected. This makes me very hopeful for the coming year. If Bitcoin can get to 44k by now then we might see a new ATH by year if we're lucky.

R


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December 05, 2023, 09:16:00 PM
 #22

Not really.
I always knew the Bitcoin price would be like this towards this time and I acted before now. Whatever Bitcoin I have now is the amount I can afford so there's no need to feel bad about it. Since the price was around $27k I predicted that Bitcoin would get to $35k - $40k before the end of the year and I was right. So I saw it coming.

My joy is that Bitcoin is even doing better than I expected. This makes me very hopeful for the coming year. If Bitcoin can get to 44k by now then we might see a new ATH by year if we're lucky.
Based on your comment, I believe you hold a substantial amount of Bitcoin and that's great mate, I hope you keep winning. Its big time FOMO for others like me tho. I've had to settle for altcoins and though I do have strong belief in some like ETH, BNB, BGB, AURORA, BAKE among others, I still feel like I'm really missing out on something big here by not having any bitcoin. For now, BGB remains my biggest holding and I'll be putting most of my hopes in it going into this bull market.
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December 05, 2023, 09:17:53 PM
 #23

Sort of having the same feeling but there's this much more important thing that I am noticing and for sure that the others are doing as well. And that's the fees that we're having right now. Together with this push that we're experiencing, the fees are also coming up. Right now, $12, nearly $13 worth of fees if you want to get confirmed so quick. I feel the vibes that we're having the 2017 feeling when we entered the bull run and fees were outrageous as well. A cup of coffee will cost you more than that as they say. Anyway, we can't ignore that but we can't also ignore our feelings that we're so excited to see how high it is going to be.

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December 05, 2023, 09:28:17 PM
 #24

I don't feel the fear of missing out the opportunity, because during the year end the price used to bounce and this time it is happening at the right moment. Most of the time close to the days of Christmas we experience major price rise. Start of the year itself there is good push in the market. $44k+ price from the range of $26k is a big bounce in short term. This can cross $50k with few corrections interrupting in between. Crossing $50k the growth will be in much faster way than the current movement.

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December 05, 2023, 09:38:17 PM
 #25

Hmmm not feeling anything like that as I'm confident and contented on how many bitcoin I have, or sats I have, yws I don't have a whole bitcoin only a fractions because I'm still accumulating and I was using some of the fractions for trading to earn while waitinf for the good profit for my holdings, so no matter what happens even if the bitcoin goss bullrun I will still be satisfied on how much I will earn from what I have in my holdings, I don't plan on selling all the satoshi I have even if the bull run comes as i still want to invest in the long, mayne some fractions only, so yeah we have different feelings and in sight on what upcoming in bitcoin it is valid, but for me no I'm contented annd taking it easy. Some are really looking forward to the bull run, so maybe that's why there are people who have similar feelings to the OP.

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December 05, 2023, 09:43:15 PM
 #26

I haven't felt anything other than being overwhelmed seeing Bitcoin surpass $40k before Christmas. I was just taught that the price of Bitcoin will stay low at $40k but very fortunate that it was hitting high more than what I'd been expecting. Therefore, I could say that the bear season is over, we're now on the bullish side of the market. Good thing that I already filled my bag before the surge happened and feel no mistake from doing it earlier than waiting for the price to rise before buying.

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December 05, 2023, 09:44:23 PM
 #27

I don't feel the fear of missing out the opportunity, because during the year end the price used to bounce and this time it is happening at the right moment. Most of the time close to the days of Christmas we experience major price rise. Start of the year itself there is good push in the market. $44k+ price from the range of $26k is a big bounce in short term. This can cross $50k with few corrections interrupting in between. Crossing $50k the growth will be in much faster way than the current movement.

I don’t think is every ending of the year that we see a big pump because if you look at the past charts bitcoin always has a slight fall every ending of the year probably because of the supply that gets high in fact this years December was predicted to be a month of correction but it seems etf approval is gearing this bullish trend before even the halving occurs. I predict with this price increase plus a etf approval we will witness a price almost close to the ATH before the halving.

I would say only the experience people wouldn’t be carried away with this particular price increase but for short timers they will FOMO easily. One thing just remains keep stacking the real bull run is after halving

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December 05, 2023, 09:46:02 PM
 #28

I don't think I am. Since I heard that there will be a correction of bitcoin price before the bull run takes effect, I try to remove myself from anything that will make me have a FOMO mindset towards bitcoin. However, if the correction of bitcoin price didn't happen before or after the halving season as I have heard, I wouldn't regret my action of not buying more bitcoin at this high price. Already I have accumulated enough bitcoin at a discount price even though I want to buy more.

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December 05, 2023, 09:47:04 PM
 #29

I actually had to check the price of bitcoin after reading your post, before I even saw that the price got to $44k today…

For now, I really don’t have any plans to spend the few sats that I’ve been able to accumulate coupled with the increase in transaction fee, I think I might just seat back relax and watch the price rise. Hehehe

Looking at my balance when I got my coins and the current price I’m not even satisfied with the difference between them so that’s even more reason why I’m not selling off. If I was to sell it would be because I’m sure that the price will drop for me to accumulate more but with what’s going on right now I don’t think that’s going to happen.

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December 05, 2023, 09:54:43 PM
 #30

Having BTC and holding them is the same thing as someone who is wealthy and has a lot of properties and investments, but to some, it always feels like they don't have enough yet and need more. Why do some people always get to a level where they say, „Yes, I have arrived, and I don't need more things aside from maintaining the ones that I have got?“ This is just the same way I see BTC.
 
If I'm the type that's looking for quick profit, I will be very sorry that I don't have any BTC holding or not having enough holding now that the price has gone up, but currently I just feel so much okay with the little that I'm holding. Maybe this could be as a result of me not having enough money to invest in it, or probably this is because I know, no matter the price, whenever I have money to acquire more, I will still do that. This FOMO does not really get to me this period.

R


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December 05, 2023, 09:58:08 PM
 #31

~
Maybe a few years back I would've felt the same. But now? Heck when it got to 43k was the usual time I DCA so while I was in the process of doing that I was like "Nah, this is going down and is gonna end up on a small loss for me now ain't it" was my mindset for like the entire day, even till now! I've engraved it in my mind to not be swayed whenever the price goes up since that's usually a testament that the next movement is down. Granted I do DCA, so I'm not affected by the small losses in the short term personally, it is what I've said to my brain whenever moments like these come up.

R


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December 05, 2023, 10:23:47 PM
 #32

Bitcoin touched $44,000 dollar for a moment before sliding back a bit to $43,780 dollars (at the time to creating this post).
I would love to repeat it many times - I even said it the other day.

$40K to $45K is the predicted price for the end of the year - and right now it's just too close to be true.



Anyone else feeling same way?
In times like these everyone wants to own more bitcoin - but in previous months they weren't sure the price could break $44K and they tended to expect a DIP. Their hopes of getting a DIP did not come true as the price of bitcoin continued to soar near $45K. Anyway - have fun with what you got today, there will certainly be more fun if the bitcoin price hits its past ATH of $69K later this year.

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December 05, 2023, 10:30:00 PM
 #33


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 Grin, this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

I feel excited to see the price but I don't feel anything like to get FOMO on current situation since I always look for correction before accumulating. It's wrong for us to buy when bitcoin is pumping since there maybe a correction to happen and that maybe bad position for us if we buy at the top.

I already accumulate some when price at low so there's no need to rush on everything especially the current happening since I believe there's pull back gonna happen soon. Also to many things will happen so I keep monitoring to see a possible good position.

But if people really want to take some chance then maybe its better for them to trade in futures since from that they can possibly see some good result for taking long position for bitcoin.

R


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December 05, 2023, 10:37:33 PM
 #34

I am still hesitant about the bull run but obviously, the sign is there.  I have a little worry about the possibility of a bull trap.  But regardless let us enjoy the surge of Bitcoin, I know people are hyped now but I think we should avoid FOMO-ing. Let's just do the casual routine of DCA, this way whether this is a real bull run or bull trap, we are still ongoing with our Bitcoin accumulation over time.

Anyone else feeling same way?
In times like these everyone wants to own more bitcoin - but in previous months they weren't sure the price could break $44K and they tended to expect a DIP. Their hopes of getting a DIP did not come true as the price of bitcoin continued to soar near $45K. Anyway - have fun with what you got today, there will certainly be more fun if the bitcoin price hits its past ATH of $69K later this year.

I am one of those people who are thinking of a possible bull trap, and I am glad it has not happened yet and hopeful that this surge will continue.  Yeah, it is worth celebrating if Bitcoin records another ATH breaking it previous with this uptrend.

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December 05, 2023, 10:48:43 PM
 #35

I have the same feeling.

Seriously I need to invest a good amount of money in Bitcoin before next year. I have had some things that keeps delaying, but I know for sure I would get past all that. The money I have in Bitcoin right now is what I invested months back, so I really need to put more into it and I can't wait to do that.
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December 05, 2023, 11:02:07 PM
 #36

I guess for long term investors or at least have safe enough already, it's not FOMO but a feeling of excitement to see this kind of price and of course your wallet feeling fatten by the huge surge in the last 24 hours.

But we are still very far though, I think FOMO will be around $100k?

And that's how it is though, when the price really going into the moon, people suddenly goes and put their hard earn money into bitcoin. But if you have to think, they should have invested when the price is very low.

And we will see more meme's in the coming days for those who will FOMO.
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December 05, 2023, 11:06:05 PM
 #37

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  Tongue

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).

That's a good way to look at it. I used to enjoy accumulating more and more. But now I'm at the point where I'll be spending down what I have over the rest of my life. It'll be sad to see my sats continue to drop over the decades to come, even as what I have becomes more valuable overall.
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December 05, 2023, 11:32:22 PM
 #38

Finally, we are back again in the BTC safe price zone. $40K is the zone that used to determine bulls and bears, but now we are at $44k. Of course this was unexpected, many analysts and speculators predicted there would be a price decline but in fact BTC continued to rise.

Does the ETF issue affect the BTC price rally? or is the opening of the BRC-20 network the main stimulus for the increase in BTC prices this time (this is in line with the increase in $Ordi-coin brc20)? as well as halving fomo?

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December 05, 2023, 11:41:18 PM
 #39

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,
 

In context of Bitcoin cycles, the bullish season can be confirmed once the price surpassed the ATH, which usually happens many months after the havelning. So the current rally is more likely to be a sign that the bull run is coming soon rather than being the bullrun itself. Remember, that the faster the price rises, the faster it fall when a correction will come.

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December 05, 2023, 11:56:29 PM
 #40


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 Grin, this was the same amount of bitcoin I was very comfortable with during the bear seasoning.

Anyone else feeling same way?

Feeling the same way and my 2 banks are both stopping me from paying any money to an exchange.
I am so fucking frustrated. I have tried like 20 deposits of which 18 were denied
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