Post
Topic
Board Trading Discussion
Re: Do you ever JOMO?
by
wozzek23
on 22/03/2022, 08:33:31 UTC
I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!
Such a thing has happened to me several times. there have been times that I planned to invest in the market and it happens that I missed out on my target and then I will feel that I have made a huge mistake because I missed the target I had, but at the end of the day I will realize that the market has dipped more than what it was earlier, and that means I now have a lot cheaper price or a lower entry to start from whenever I decide to go for it.

The best feeling comes when you finally invest and realize  that you got in at the lowest point that the market would reach, and from there it starts going up and you start making good profits.

In recent times, I decided to invest with grin after theymos's good review about it. But, when I was checking its economic rules, I decided not to go with due to its massive supply. (Grin is a good coin for privacy reasons and not for investment purposes). I really had JOMO at that times.