RE: Crypto currency FOMO

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Crypto currency FOMO

in bitcoin •  8 years ago 

I have so much FOMO, FUD and all that.

But then I remember. Just relax, and HODL. In the long term, crypto's will only go up!

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Thats a dangerous thing to say ;)

Yes, but cryptocurrency is a risky business. I have faith, though. Currently HODLing a small amount of BTC since 2014. I am going to keep holding for years to come. But I have a fair percentage of other coins too, which may go up even more, but might also be a wasted investment. If I had to invest in 1 cryptocurrency and pick the one with the biggest chance of still being around in 5 years, I would have to say that it would still be BTC. The others are simply, even MORE risky..

I'm with you on that one. Think BTC has a bright future ahead, although we pretty anxious to see what will happen on the 1 of August.