Anyone else feeling same way?
I saw Bitcoin at $69k , + $16k, and now $44k . I don't think I have an inch of fear of missing out. I have been here , I am here and I will still be here doing my biweekly DCA bull or bear season. Bitcoin will most definitely hit $50k on or before December 31st
If it doesn't hit $50k at the end of the year, there is still plenty of time for Bitcoin to hit $50k, as long as we are in a long term hodl and keep our cool and just do our regular DCA activities, I believe any changes of prices now won't affect our Bitcoin investment strategy.
For us people who do have that experience then we wont really be having that kind of excitement on seeing these current jump or surge in price or simply we have been get used to it but cant really be denied that
seeing this price once again do really give out that bit of excitement and positivity considering that we've been dealing up with bear market for a couple of years and now the price is really that heading back
on where it was before and now trying to reach out again that previous all time high. Feeling FOMO? Nope! This is really just that an ordinary day on crypto where price do pumps and then make out some
correction laterwards.
I think we can't remove the excitement of the idea of Bitcoin surging because Bitcoin surge means more profit for us. But I think to those people who have seen higher price of Bitcoin, they won't enter in FOMO stage because they know that it will take time for Bitcoin to break the ATH.
The best thing to do is you should really know on how to utilize these movements for you to be able to make profits on the time that you do make a good entry.
This thing what matter the most and also you should not really make yourself that being impulsive on buying specially on being scared on missing out because
once correction happens then this is where impulsive actions do happen.
This is good for short term investors but to those who plan to hold Bitcoin for a decade or more, I think this kind of price movement has little effect on them.