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