Post
Topic
Board Trading Discussion
Re: Do you expect better, but then impulsively jump into things due to FOMO?
by
irhact
on 09/09/2023, 20:50:26 UTC
Sometimes, a person needs various experiences to be at the current stage. Whether it is the experience of other people or yourself, it will certainly have a greater impact. In this case, I personally have experienced it, trying to get in on the hype and even following the FOMO of the time, the FOMO of a particular coin launchpad. and always end up losing. From this experience, my confidence in investing in Bitcoin finally grew bigger. Because Bitcoin is indeed the most worth it investment so far, if we have the patience to do it. Because, patience is one of the keys in holding Bitcoin, especially during this bearish season.

Any individual that wants to invest into Bitcoin needs to have patience because it's very important to have it. Patience means you won't be worried about how the market is moving because you believe in the future the price of Bitcoin will be profitable for you to sell and when you have patience with your investment, you'll be among the investors that'll make profits when the bull market returns. If you have patience, you won't fomo like other investors.

Fomo is only for those that doesn't understand how the market works, whenever the market rises, it'll follow with a correction and if you are observant this always happens therefore there's no point in rushing to buy when the price of Bitcoin is rising because it'll fall again.