Are you feeling FOMO like I am?

[GreatArkansas]

https://talkimg.com/images/2023/12/05/NBj8j.jpeg

(....)

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

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.

[Jatiluhung]

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 have the same feeling as you. And I'm sure many other users here also feel the same way. One thing that makes me a little regretful is that I actually had more funds for bitcoin accumulation. But when bitcoin hits 40k I think it will undergo a correction again. So I waited for that to happen. But my analysis was wrong and it turned out that Bitcoin continued to rise to 43-44k. I also feel there is FOMO inside me. But I know I shouldn't get carried away by emotions in situations like this. I'm quite grateful with the accumulated amount I've gotten so yeah this is fine. And I still believe a correction can happen but I don't know when it will happen and to what extent it will happen. But what is certain is that I will enjoy the bitcoin that I have and hold it stronger until Bitcoin actually makes a new ATH. And if the correction doesn't happen again. Well I'm not going to fomo by buying more. But to be honest, my hands are still itching to press the buy button more right now.

[criptoevangelista]

Bitcoin found a major trend bottom at the end of last year, it spent the entire year of 2023 increasing in value, when something goes up in price we always think that we have little, but the truth is that there is no way to predict anything, when it comes to buy deep the fear of falling further always appears, so the best strategy will always be DCA, regardless of the value. Buy a little a week and make peace with yourself. Don't feel guilty about anything at all, you did what was supposed to be done at the time.

[hd49728]

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.

During FOMO times, it is not wisely to bu even stable coin because the rate of stable coin to a fiat currency usually will be higher, more expensive than normal rate.

Better times to buy stable coin is when there is no big rise or crash on the market, when the market is boring, you will have better rate of stable coin vs fiat currency to buy stable coin and wait for opportunities to buy discount Bitcoin when FOMO effects gone and panic appears on the market.

when it comes to buy deep the fear of falling further always appears, so the best strategy will always be DCA, regardless of the value. Buy a little a week and make peace with yourself. Don't feel guilty about anything at all, you did what was supposed to be done at the time.

DCA is a very good strategy for investment as it will help to eliminate or reduce fear and other emotional effects. A more important contribution from DCA is it can help you to accumulate bitcoin and increase total value of your investment with time. You even don't realize how much you spend for DCA and what value of your portfolio is after a while. Some months, when you look back and watch your portfolio, you will be surprised with what you already spent for DCA.

[tread93]

I'm just excited that it's finally got some upward momentum again! I definitely would have to agree, there is always more bitcoin to he gotten while the getting is good! Can you imagine trying to buy once BTC is fully mined?

[Charmekkd]

Anyone else feeling same way?

Initially I was also a little affected by FOMO, but I realized again that following FOMO is not a good thing when we are involved in the world of bitcoin investment. So yeah, I just stared at the market, holding back my turbulent feelings. Apart from that, I also think Bitcoin will definitely reach a price higher than 44 thousand dollars. So basically I always remain optimistic about the price of bitcoin.

[bluebit25]

I can feel happy when Bitcoin is increasing in price, but to say FOMO follows it, I don't think so because right now my strategy is still clear with it, the accumulation has been planned in advance. That and my goal with this market are always long-term, not relying too much on short-term things to optimize, and sometimes, for me, it is also a risk.

Now that the excitement is ramping up, and it is also attracting many new people to pay attention to bitcoin (crypto), we can fully expect the bull cycle to be in its starting phase. Many people have their doubts, but they also have their own opinions. So investing is not a general category, but each individual has their own plan.

[freedomgo]

This isn't the first time I witness a bull run, so I'm not even near to being tempted of getting FOMO.

Too early I guess, although we are seeing a good bull movement but bitcoin hasn't break it's ATH, or even near from it, so let's calm down a bit, wait til it's near as most likely it will break the current ATH, once it happen, then I can't tell anymore if I'd FOMO but most new investors will.

Next stop is $50k? Let's break that $48k resistance first.

https://www.coindesk.com/markets/2023/12/05/bitcoin-blasts-to-44k-on-coinbase-and-could-run-towards-48k-resistance-lmax-analyst/

[gunhell16]

I don't think so, because right now I'm a long-term holder and doing dca in other cryptocurrencies until there's no bull run and halving. Then even if I do short-term, I still don't think like that.

Because the important thing is that I get a profit within the day that I do trading activity on any exchange. Also, there is no reason for us to feel FOMO in such situations, as you say, dude. As long as what I feel right now is really positive,.

[Lorence.xD]

I think it is already normal every time we hit a bull run since we know Bitcoin's price from the past months, where we could've bought a lot of Bitcoins before it reached its current value of $44,000. But as I have been part of crypto for years, there have been a lot of bull runs already for many years, but still the feeling of missing the once-in-a-year bull run is literally FOMO. I am already contented with my holdings, will might still do DCA method for the rest of the days in this years, cause for sure next year Bitcojn's value still might increase as it might reach it's new ATH.

[YUriy1991]

Everyone is enthusiastic, looking at market developments like now, I myself see that the price of BTC will continue to rise and there is a possibility of taking a short break at 49K later. because of my previous filing, if the number 40 is broken, it will rise to 45K. If that is also broken, it is possible that the number 49K will come true soon. But it all comes back to demand.

[michellee]

The bull season is still ahead and this is still just the beginning. After the increase, now the price of Bitcoin is back to the price of $43k and maybe now is the time for a correction. But if the correction this time is not too deep, there is a possibility that Bitcoin prices will increase again.

Yes, that's a normal feeling for @OP and anyone else who owns Bitcoin. They may even be tempted to sell their Bitcoin now, seeing that the price has reached $43k-$44k. But if our target price is still far away, we have to be patient until the time comes. Yes, we have now started to see the amount of profit we get from our investment, especially if the price can reach the last ATH again and continue to increase to reach its new ATH next year or 2025.

I'm still trying to buy more using the DCA method. And as long as the price hasn't reached its final ATH, it's still a good price to buy. Maybe I'll stop buying Bitcoin when it reaches $55k or $60k. But we'll see

[jamesrford]

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[Ahli38]

Anyone else feeling same way?

Well sometimes I also have that feeling. So I understand what you feel when you see the price of bitcoin experiencing a big spike in a fairly quick time. But because I have accumulated with DCA since last year and the year before. So I seem to be less carried away this time. But if I still have a lot of capital, maybe I will also start to have FOMO and re-accumulate more. Unfortunately my capital is limited and I only buy or accumulate when I have a profit from my trading activities. And usually I don't really care at what price I buy.

Those who have finished accumulating will definitely be smiling broadly right now. But I hope they can hold their own fingers from rushing to transfer their bitcoins to exchanges and sell them.  I hope they remember their long-term plans. Because it's only the beginning. If there are 4 phases in bullishness, maybe this is only in phase 2.

[bayu7adi]

Am I tempted by this kind of moment? of course yes. but since I regularly accumulate the same amount every month, I would rather continue with that than increase the number of BTC portions I buy. I am still in control of that and greed has taught me very valuable lessons in the past. So, a moment like this will not change my plans, apart from the fact that it is already quite profitable, I want to maintain the consistency of the DCA that I do.

Some predictions say that the price will continue to rise until 2024, yes, it looks like this is a very attractive Christmas gift. Selling some BTC to celebrate Christmas and new year party is not a bad choice, as long as we have made quite a lot of profit thanks to this bullish situation.

[kotajikikox]

Everyone is enthusiastic, looking at market developments like now, I myself see that the price of BTC will continue to rise and there is a possibility of taking a short break at 49K later. because of my previous filing, if the number 40 is broken, it will rise to 45K. If that is also broken, it is possible that the number 49K will come true soon. But it all comes back to demand.

I  was alarm earlier today because after hitting 43k price drops down to 41k again so I thought it will be dumping but yeah it is just a correction in which after few hours the price hype again to 44k and now holding to that position.
waiting for 48k as it was the highest speculation that i have seen from some old trader and account here.

[EarnOnVictor]

Anyone else feeling same way?

If you bet against Bitcoin or didn't take action to buy it for too long, hurt is the feeling that will end it all, just like some people are pained even as they believe they can still be driven by FOMO. But caution is advised now.

At this point, I do not have further advice to give to anyone regarding Bitcoin but to DCA, just do not commit all your money to it at once at this heavy price even as halving has not happened. There will be the urge to buy it, but why being emotional now? One has to be careful at this point. I am happy to have outsmarted the situation, and someone like me can't have the feeling of FOMO because I am already in and have been pumping and pumping almost every week.

It's better to DCA at any time when an asset is either, low, moderate or high, which is what I am technically doing. I advise you to do the same if you have not bought your Bitcoin yet.

All thanks to ETF! It changes the narrative.

[I_Anime]

Yeah norms. Mostly for those that didn't start holding early so definitely there will be FOMO, but for those who have been holding I don't think there'll be any FOMO for them because as Btc is in bullish they will definitely be in  profit too. But I think there's still time  to dive in though because the price will definitely beat this recent price. So as long is Btc I think is safe to enter now too. So let's sit back and watch its grow to a new ATH.

[inthelongrun]

Not riding the FOMO here. But I did regret I hadn't followed by monthly DCA dates because I thought I could buy bitcoin at a discount. So I have 2 months of backlogs on my DCA, October and November. The plan is to keep the DCA until bitcoin reaches $50k. But I felt like it is too early for bitcoin to continue its soaring price. I expect a correction in late December or maybe in January and that will be the time I buy bitcoin again. My current plan now is to buy bitcoin when it drops back to $40 and then average down every time it drops a thousand dollars to catch up with my DCA backlogs.

[Crypt0Gore]

I don't feel FOMO at all, I started buying bitcoin once it crashed at 17k, I believe that those who missed out buying the bottom are definitely going to feel the FOMO, I am going to keep enjoying my DCA, having a certain amount of SAT is my goal and I care less about it's dollar value right now.

I think the ETF approval is going to get approved soon, maybe by January, because I am hearing stuffs that ETF sales is already live, so the approval must happen by ease or by force, still my advice is to take your eyes off the value of Bitcoin right now and focus on your DCA strategy.

It's too early to start thinking that a massive correction can't take place anymore because of the strong ETF approval, always make sure that you don't run out of stable coins at hand, so that you can take advantage of sudden opportunities.