You are viewing a single comment's thread from:

RE: Was I a FOMO Buyer when I thought I was playing it smart?

in #crypto8 years ago

The thing with cryptos is thzt you can try to predict, but you can never be sure. If you buy a coin and it goes down, you may consider yourself as a FOMO buyer, if it goes up, you consider yourself a smart player. If you hadn’t bought and it goes up, you’ll regret..
I hear everyone say it: “Buy the dip”. But I always ask myself how to know when the dip is really the dip. I mean, a coin can drop in value, but you never know how low it will go. I think this last month has taught us that.
I shouldn’t worry about it too much, since the entire market is bloody red. If you really want to label yourself as either a FOMO buyer or a smart player, I think you should wait until the the majority of the market is green again

Sort:  

Good way to look at it. I guess I am just trying not to be a total crypto newb. Acting like I know more than I do.

Coin Marketplace

STEEM 0.09
TRX 0.30
JST 0.034
BTC 112549.45
ETH 3998.71
USDT 1.00
SBD 0.59