Post
Topic
Board Bitcoin Discussion
Re: What is FOMO why people interested in FOMO
by
Twinkledoe
on 06/01/2021, 23:57:56 UTC
My thought we are in bull market just forget new experimental coin smashing up 50x -100x in dex and next week rekt , so old is gold avoid fomo buy old coin 👌👌
And bitcoin is the oldest coin in the crypto market that everyone can assure, newbies or not. But you can't stop those people looking for those newest coins which they think will give them a big profit in the short term. Bitcoin's the best for long-term investments and this is all for the patient investors that can deal with risks and bears. It's tested crypto that no coin can be par and that's why the market cap of it is just increasing and institutions are buying it.

There are people who are into these new alts, because they can gain profit in a very short period of time particularly those pump and dump coins. However, not many people are lucky to spot those kind of coins and normally, you are already too late to see that opportunity. But if you want an assurance that your portfolio will not go down the drain, better stick to bitcoin or eth.