Crypto currency FOMO

in bitcoin •  7 years ago 

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I occasionally suffer from FOMO and I suspect I’m not alone on here.

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FOMO is pretty much..... Bitcoin was 0.16 cents.....( meh who cares, fake online money) then it was $1200 (well, clearly the price will go down anyday now, its a bubble) ....now its $2500..... ( oh gosh if i dont buy it now ill never be able to buy my castle and lake )

its driving everyone insane, the world has crypto fomo right now, and its only gunna get worse haha

I totally agee and I fight FOMO most days with the rise of everything crypto

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!

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.

FOMO will be a huge factor in ICOs this summer. Already is.

many jumping all over the ICOs with no idea what they are investing in. It’s FOMO at its best.

3 comments, 12 "eyeballs" and only 1 vote? Thats kinda lame.