even FOMO is fair logic when you look at what you already missed out on! I got offered to buy bitcoins at like $70 but the guy was a weird meth head who obviously used them for drugs, and I wanted nothing to do with him or whatever scam internet moneys he was screwing with...

I learned my mistake the first time, and got in on ETH at $7-12

But in any case you don't use logic when investing unless the market is being driven by logic.

FOMO may be solid logic (if you pick a winner) but obviously when moneys involved you want a little more guarantee, at least most do.

Since crypto investors currently aren't very logical with their millions and even billions some of them, I wont be logical when following some projects.

Theres a funny investment strategy some firm uses called the 'Costanza List' and it's basically every stock their logic tells them to not invest in....they have an average of 70% success with the Costanza picks...

(It's from Seinfeld where George Costanza one day is fed up with being a loser so he does everything the opposite of what his gut/mind would normally do, and everything works out perfectly for him!)


Lesson learned, if you have the money you can risk, then maybe allocate at least a small portion (10-20%) to ICOs/Projects that maybe seem too good to be true, or just stupid to you.

What seems stupid to one might be worth millions to another...