FOMO often occurs at times like this for some people who are not brave enough to buy when the price of Bitcoin is still around $50K, but I also wonder why they dare to buy when the price of Bitcoin has passed the $90K level this month. Even though they are not investors and are only people who take advantage of good moments for a short time, people like that usually do not easily accept advice from other people even though their FOMO nature is still quite obvious within themselves.
I am not surprised because, at every point in time, there are people who still doubt Bitcoin unless they see proof. At 50k those set of people have been procrastinating now the price of Bitcoin has hit 90k they still can't buy because they're still in doubt since they do not want to put in their money now and then it starts falling down. Like I have said before, no matter what the price would be, there will be people who will never buy at all. They are short sited that is why think only for short term purpose. And another thing is that they do not belive, they only care to invest in Bitcoin because of some investors who preaching the benefit. Deep down they are scared of investing, since they fail to learn about Bitcoin. To overcome the FOMO, an investors need to first learn about Bitcoin and how to invest in it.
One thing to note why making investment is that risks are surely involved. Most investment are very risky but i doubt if the risk of bitcoin can get to a point where one will lose in toto. Except for those who just invest for short term profits that might find themselves at the losing end why investing in bitcoin but for an investor who is focused on long term growth, he is unlikely not to succeed in bitcoin. No matter how far the price of bitcoin goes, there is still gonno be procrastinators who would always make excuses for not investing in bitcoin but that shouldn't be our concern because there are people that even if you persuade them that you want to use your own money to start up an investment in bitcoin for them they will still not agree. There are people with poor mentality such that they are always afraid to take advantage of opportunities that they are presented with. Being rich is not only about having money, but the ability to make informed decisions and willing to utilize an opportunity to invest and become bigger and better in the future. Every bitcoin investor who is HODLing for long term future benefits already has a wealthy understanding of what bitcoin bitcoin is all about.