Maslate
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December 09, 2023, 01:04:14 PM |
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Seeing how bitcoin price has continously made a significant surge, I guess everyone will be easily tempted to ride the FOMO thinking that bitcoin price will be a lot more in the next couple of days and weeks. Even myself if I have the opportunity to buy more, I would glady do that despite of the high, expensive value. But since I have this tight budget, then I should only stick to what I can only afford.
I believe majority here feels the same most especially to those who actually know and have witnessed how bitcoin behaves months after bitcoin halving. But just like me, if your budget is only limited, then I suggest you focus on what you have and just continue seeing them growing in value.
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wallet4bitcoin
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December 10, 2023, 03:24:03 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) , this was the same amount of bitcoin I was very comfortable with during the bear seasoning. Anyone else feeling same way? You know I once had Bitcoin and I sold it for some reason, now I'm trying to get as much as I can even though I do sell some at some point when I feel the need to. I don't FOMO, I know we have passed certain levels and Bitcoin can't retest those levels but I prefer to be on the positive side of leaving FOMO out of my head, when I can, I buy.
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Dump3er
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 10, 2023, 10:37:46 PM |
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Seeing how bitcoin price has continously made a significant surge, I guess everyone will be easily tempted to ride the FOMO thinking that bitcoin price will be a lot more in the next couple of days and weeks. Even myself if I have the opportunity to buy more, I would glady do that despite of the high, expensive value. But since I have this tight budget, then I should only stick to what I can only afford.
I believe majority here feels the same most especially to those who actually know and have witnessed how bitcoin behaves months after bitcoin halving. But just like me, if your budget is only limited, then I suggest you focus on what you have and just continue seeing them growing in value.
I think that BTC is still a clear buy. Trying to time the market has never really worked for me and if I have cash left over, I usually use it to increase my holdings. Unless something unforeseen catastrophic happens to the network, I have no idea why it would not go back to its former ATH and then even higher. If it wasn't about to go to new heights, why the recovery until where we are now? A lot is happening and now it is only legal stuff that could get in the way of it and slow its development down, but stopping it completely won't happen. As Jamie Dimon said he would shut BTC down if he was part of the government. I wish someone makes him president so we can see how this genius will "shut down" BTC! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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SOMETIMES YOU WIN, SOMETIMES YOU LEARN!
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panganib999
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December 10, 2023, 10:53:50 PM |
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I do, have been getting thoughts about buying more than what I have right now to achieve more gains in the future but I keep telling to myself that I’d have more chances to do so snd to not let the FOMO get to me.strategically buying your crypto is just as important as buying crypto itself. At least if we’re talking sbout maximizing your earning potential which I believe is something that’s in the mind of the regular investor anyway.
If you want to get into the crypto train this early and this pricey, that’s fine. It’s still great to have you around. But us folks here would wait and see the markets pan out to discern whether buying is the right take to do. So yeah. Good luck to everyone of us I guess.
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Z-tight
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December 10, 2023, 11:03:14 PM |
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But us folks here would wait and see the markets pan out to discern whether buying is the right take to do. So yeah. Good luck to everyone of us I guess.
Isn't that why people 'fomo buy' BTC, because they don't buy any of it when the price is low and a little bit stable, but once the price starts to rise, they want to rush in and buy BTC. Personally i don't think that is the right way to buy BTC, because you can never time the market to perfection, if you believe in BTC and you are in for the long term, it is better you buy using dca, than waiting for the price to rise before you 'fomo buy'.
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ChiBitCTy
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December 10, 2023, 11:04:18 PM |
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I think most of us are having the fear of missing out “bug” at this point in time. I often have this feeling when Bitcoin is on a ride, but right now it’s very obvious that Bitcoin is on its way to an even bigger breakout than what we’ve seen so far, especially since the announcement of the first Bitcoin ETF hasn’t even been approved yet. When it does, watch out. Stack on !
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romero121
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December 10, 2023, 11:08:00 PM |
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I do, have been getting thoughts about buying more than what I have right now to achieve more gains in the future but I keep telling to myself that I’d have more chances to do so snd to not let the FOMO get to me.strategically buying your crypto is just as important as buying crypto itself. At least if we’re talking sbout maximizing your earning potential which I believe is something that’s in the mind of the regular investor anyway.
If you want to get into the crypto train this early and this pricey, that’s fine. It’s still great to have you around. But us folks here would wait and see the markets pan out to discern whether buying is the right take to do. So yeah. Good luck to everyone of us I guess.
Considering the potential and the upcoming halving into consideration it is always good to go for more when there is an opportunity. FOMO is common among the people who wants to buy at the lowest price, but they never do it when the price is at the bottom. Keeps waiting and finally invest when the price is at the urge of moving bullish. Whenever we enter the market we need to be good enough to handle upcoming situations, because we can't be sure of the bullish/bearish trend change of the market.
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mirakal
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December 10, 2023, 11:42:43 PM Last edit: December 11, 2023, 01:39:19 AM by mirakal |
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~snip~
Anyone else feeling same way?
I actually feel the same way somehow and for sure to all the people out there who's aware what will be the future price of bitcoin. No one just want to see the price consistently surging high without anything to do, because if there's really enough money to accumulate more bitcoin, I would be the first to do that. For me, FOMOing is not really bad as long as you know what you are doing, why you are spending such amount. But if you FOMO because you just want to ride with the hype, because the people are busy buying, then I should say that you are FOMOing without valid reason. If you are like that, then the danger of losing your funds is obviously high.
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EFS
Staff
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Crypto Swap Exchange
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December 10, 2023, 11:52:32 PM |
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I don't feel that because this is all expected for me. I'd love to collect more coins at cheap prices but this hoarding game would eventually end so why would I feel I miss out on something? You can't save all your life, you need to spend some and these cycles are great way to do that. I can't wait to see new highs and spend some coins. BTW we are still far from those days. Don't be too hyped about small rallies.
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Smartvirus
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December 10, 2023, 11:55:48 PM |
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I think most of us are having the fear of missing out “bug” at this point in time. I often have this feeling when Bitcoin is on a ride, but right now it’s very obvious that Bitcoin is on its way to an even bigger breakout than what we’ve seen so far, especially since the announcement of the first Bitcoin ETF hasn’t even been approved yet. When it does, watch out. Stack on !
I don’t very much like to attribute the success of Bitcoin lately to be ETF motivated as, this is even coming to be in times close to the halving. For the most, the ETFs is motivated by the halving as by some means to take advantage of the history it’s known to carry and next halving wouldn’t be any different. The more reason why, individual and corporate investors should take out their chances now that they have it and stop expecting the coin to drop further. It’s the easiest way to miss out as you really can’t predicted where or how far that little dump would be to provide that buying opportunity rather, you DCA and wait on the halving to come and go before you decide on what phase your Bitcoin investment is going to take.
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ancafe
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December 11, 2023, 01:26:40 AM |
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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.
That is not a big problem because they understand and almost many people will target long -term for investment in Bitcoin. Planning will deliver this desire because investment in Bitcoin can be done in any amount and if they are consistent, it will slowly continue to grow over time. Of course this will be far more important because the issue of Bitcoin's ownership security must be prioritized and the exchange is not a recommendation for anyone to store bitcoin in the long and short term. We realize that the exchange is like a place to transit is not a step to store bitcoin safely and before taking the opportunity to undergo investment, we first oversee a safe wallet. When we build the wealth of assets with slowly not thinking about a safe place to store it will actually affect the level of security and that is very important.
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Jatiluhung
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December 11, 2023, 05:18:18 AM |
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I think most of us are having the fear of missing out “bug” at this point in time. I often have this feeling when Bitcoin is on a ride, but right now it’s very obvious that Bitcoin is on its way to an even bigger breakout than what we’ve seen so far, especially since the announcement of the first Bitcoin ETF hasn’t even been approved yet. When it does, watch out. Stack on !
If just one Bitcoin ETF application is approved then it means there will be other approvals for bitcoin ETFs submitted by many other companies. And all those companies are definitely going to buy Bitcoin or maybe they started a long time ago. But what is certain is that the price will definitely rise very quickly. FOMO will truly penetrate every novice investor, even those who have been around for a long time. Personally, I sometimes still accumulate it again. Like today when bitcoin experienced a rapid correction to the $40,400 dollar area. One of my buy entries was filled automatically. But I don't want FOMO with buying more. I only buy with money I can afford to risk.
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siedemtrzy
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December 11, 2023, 05:32:56 AM |
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Well, I definitely wish I had more BTC. But I bought as much as I could when it was below $20,000. So this feeling doesn't overwhelm me.
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BitcoinTurk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 11, 2023, 10:20:38 AM |
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Anyone else feeling same way?
Following current market conditions and especially the long-awaited break of the 37,300 resistance zone and the break of the 44,000 resistance zone, many small investors think that the bull season has truly begun. Yes, there are various reasons to state that this thought is correct but unfortunately based on our previous experiences we cannot fully enter the bull period mode. Although I have been waiting for the bull period to come for a long time like many investors, unfortunately it will not be possible to say that I am fully prepared for this period. In order to reach the Bitcoin amount I set as my target for the bull period, I need to buy some more Bitcoin and unfortunately I can add less in Bitcoin every salary period. Of course, I am very close to my target amount for the bull period but it would have been much better for me if the bull period had started after I had achieved all my goals.
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SamReomo
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December 11, 2023, 10:28:11 AM |
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Following current market conditions and especially the long-awaited break of the 37,300 resistance zone and the break of the 44,000 resistance zone, many small investors think that the bull season has truly begun. Yes, there are various reasons to state that this thought is correct but unfortunately based on our previous experiences we cannot fully enter the bull period mode.
I also think that bull market is started but in low intensity as of now however it may get more intense in coming months. We might have a better surprise for this Christmas and there can be another upward moment at that time. The bull market always gives up possibilities and this time we may see a lot of money entering into crypto market. I believe that in this bull run we may see unexpected values of Bitcoin and many other altcoins. Bitcoin may grow as high as $200k or even more and I believe that Bitcoin can easily reach $100k to $120k in this bull run. The market is growing and the investors are also growing so we may have great surprises in this bull run.
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Best-mary
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December 11, 2023, 11:15:45 AM |
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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](https://bitcointalk.org/Smileys/default/tongue.gif) 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). I understand. Even if the feeling of FOMO is not a good thing, I do not support it, buying BTC at an appropriate price could earn you way more profit than just buying it when ever you get the money to buy BTC. Let's say you bought BTC when it rose to 44k and then it fell to 30k. You would think BTC is just a waste but buying lower and keep holding as it gets higher could benefit you more than when you buy higher Since you like buying I think using Dual Investment would be helpful
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I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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Mpamaegbu
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Once a man, twice a child!
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December 11, 2023, 11:26:16 AM |
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Anyone else feeling same way?
Quick one. Make I congratulate you first for your rank up. You don try. Two crayfish for you! Back to the issue. You delayed to this point before taking position on Bitcoin? Is that what you're saying? Well, it's never too late. I took a position on Bitcoin and threw in huge cash a few weeks ago when it was still in that $30k – $34k range. I regretted when I didn't do it when it stalled at $22k – $23k. So, buying now shouldn't also be seen as FOMO; it's a reality of price rallying up in preparation for bull run. All you've to do is watch price levels and be buying in bits once there's correction. That's what I would do if I were you.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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December 11, 2023, 02:38:24 PM |
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I think most of us are having the fear of missing out “bug” at this point in time. I often have this feeling when Bitcoin is on a ride, but right now it’s very obvious that Bitcoin is on its way to an even bigger breakout than what we’ve seen so far, especially since the announcement of the first Bitcoin ETF hasn’t even been approved yet. When it does, watch out. Stack on !
Unless you're in DCA mode, which I would think most of us with full member status and above already are doing in some way or other right? I never need to fomo already since dca keeps me on a strict diet ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I mean, I couldn't even really do more even if I felt itch to fomo unless I take out a loan. And I strongly advice to go against loans ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Stack on people. Try not to fall for alts ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Yatsan
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December 11, 2023, 02:53:45 PM |
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If in doubt, then wait. Well, it is normal to feel such way 'coz the market price is continuously increasing at this moment. Nothing's guaranteed but have we ever saw the market value of Bitcoin to consistently and continuously increase for a long period of time? What goes up must come down right? If we would look at the charts then there's a huge overbought to its price which means there's a tendency for a price correction at any moment. Keep in mind that the market value of Bitcoin is naturally volatile; it would have an increase instantly therefore there are still opportunities to re-enter. 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](https://bitcointalk.org/Smileys/default/tongue.gif) 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). I understand. Even if the feeling of FOMO is not a good thing, I do not support it, buying BTC at an appropriate price could earn you way more profit than just buying it when ever you get the money to buy BTC. Let's say you bought BTC when it rose to 44k and then it fell to 30k. You would think BTC is just a waste but buying lower and keep holding as it gets higher could benefit you more than when you buy higher Since you like buying I think using Dual Investment would be helpful He can make an entry even if with the present market value however if ever sudden dump will take place, he should be firmed and be able to avoid selling due to panic. It'll go up again but problem is for how long will it be able to recover. So if others are planning as well, be ready to endure seeing dumps once it happen.
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BabyBandit
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DEATH TO HAMAS TODAY!
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December 11, 2023, 03:10:37 PM |
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I feel it, but I hold. How about 2027? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Credit: Binance.com
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