Post
Topic
Board Bitcoin Discussion
Re: FOMO has started for Bitcoin
by
kentrolla
on 31/12/2020, 15:50:26 UTC
We might come across so many users posting unrealistic predictions about Bitcoin. We have already witnessed this during December 2017, so please be more cautious than ever before you invest into bitcoin by doing your own research and if you are ready for a long term investment then you may think of investing so that even during worst case situation you will get back your returns just like those invested during last peak and hodled it got it now. If you are looking for short term gain then give it a second thought.

Exactly, predictions these days are beyond thinking as institutional investors are buying BTC everyone comes up with different predictions like BTC might reach 100k, looks like this is suppose to happen in couple months and they don't want to see drop. And yes like you said if someone is planning for long-term investment just go ahead even now the price is yours, short-term investors want to accumulate small profits so they want to be more proactive after investing. Because anything might happen as the price is already in extreme peak.