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.
Crazy to think that they want proof first before they accumulate bitcoin and to risky if they buy bitcoin at highs especially if they are not for long term since for sure that they might create bad decision if theirs correction happen.
That's why trading mindset has been discourage if they want to deal with bitcoin since there's nothing guarantee they can earn and its like these people are dealing at larger risk especially if they have this FOMO feeling. People especially for new one should know that we don't trade bitcoin, better to hold it for long term since by this they can see more better result than taking those huge risk dealing with market risk.