Yeah - wouldn't it have been great to skip that FOMO circle and just move steadily upwards to where we now are anyway? Sadly markets don't work that way. Now instead I just go with the flow and embrace their lunacy. Buy low, sell high.
It's because of this FOMO/FUD cycle that I formulated Bit Brain's Third law of Crypto: "Crypto does not bubble, it's a loose chain of hype cycles.
*If you insist on seeing crypto as a bubble, then you must see it as a near-continuous succession of bubbles that do not impair its long-term upward growth."
I have the exact opposite problem. I'm into buying the dip. Unfortunately that dip sometimes turns into a falling knife. (Thought getting bitcoin 50% off from it's all-time high was a good discount, lol). On the bright side though at least I didn't buy at $20000 like all these other 'investors.'
Indeed it does. I am similarly bullish, without any need for unfounded optimism.
unfounded optimism, that's a problem for most of these users
Yeah - wouldn't it have been great to skip that FOMO circle and just move steadily upwards to where we now are anyway? Sadly markets don't work that way. Now instead I just go with the flow and embrace their lunacy. Buy low, sell high.
It's because of this FOMO/FUD cycle that I formulated Bit Brain's Third law of Crypto: "Crypto does not bubble, it's a loose chain of hype cycles.
*If you insist on seeing crypto as a bubble, then you must see it as a near-continuous succession of bubbles that do not impair its long-term upward growth."
I have the exact opposite problem. I'm into buying the dip. Unfortunately that dip sometimes turns into a falling knife. (Thought getting bitcoin 50% off from it's all-time high was a good discount, lol). On the bright side though at least I didn't buy at $20000 like all these other 'investors.'
Don't worry mate, you're fine then. A little patience and you'll see!