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Author Topic: People are been affected by FOMO.  (Read 15861 times)

Offline bigcash2011

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Re: People are been affected by FOMO.
« Reply #15 on: April 28, 2020, 01:16:13 AM »
Looks like now the fomo of halving will begin and i am expecting good bull run for top coins during this fomo period and after halving we can expect a correction after which market will move steadily towards up.

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Re: People are been affected by FOMO.
« Reply #15 on: April 28, 2020, 01:16:13 AM »

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Offline Andruha1993

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Re: People are been affected by FOMO.
« Reply #16 on: April 28, 2020, 10:13:24 AM »
Prior to trading is really very difficult. Because you do not know how the market can behave. Therefore, to trade you need to have very steel nerves.
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Offline Cryptoz

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Re: People are been affected by FOMO.
« Reply #17 on: April 28, 2020, 10:37:15 PM »
Looks like now the fomo of halving will begin and i am expecting good bull run for top coins during this fomo period
I think FOMO of Bitcoin halving has begun from January 2020. Most people were discussing and talking about how to prepare their Bitcoin and altcoin assets before halving. They believe that halving can make crypto coin's prices to soar. So, I guess many of them have bought crypto coins more than as usual.
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Offline Anna Larina

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Re: People are been affected by FOMO.
« Reply #18 on: April 29, 2020, 09:46:20 AM »
Bitcoin prices are moving quick and it’s tempting to jump into the market head-first, but so-called FOMO (fear of missing out) can be disastrous for your portfolio. You should understand how to analyze cryptocurrencies, how they fit within your portfolio, what tools you need to succeed, and how to protect your holdings from loss or theft.

Offline Davitsvan

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Re: People are been affected by FOMO.
« Reply #19 on: April 30, 2020, 09:14:41 AM »
Prior to trading is really very difficult. Because you do not know how the market can behave. Therefore, to trade you need to have very steel nerves.
The best way to earn money in the cryptocurrency market is just to keep coins in your wallet and not trade them, then there will be no sense of lost profit. And thus you will save your nerves
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Offline hushpupppy

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Re: People are been affected by FOMO.
« Reply #20 on: April 30, 2020, 10:51:23 AM »
This is true, in the crypto currency sphere, we are often decived by fomo, the fear of missing out.
It is likewise going on today amongst investors, as bitcoin grows and soars, alot of peeps are asking questions if they are to invest or wait.
If bitcoin dumps, the same questions are also asked, makes you wonder what exactly people want

Offline corr

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Re: People are been affected by FOMO.
« Reply #21 on: April 30, 2020, 11:29:17 AM »
This is very easily explained. FOMO is present in people who cannot trade. They see green candles on the chart and buy without hesitation and usually buy off the top when big players drop their positions. Therefore, you need to learn how to trade before committing to trading. Do not feed big players with your money. Another tip from me is not to trade with your shoulders on margin trading if you don't want to lose money

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Re: People are been affected by FOMO.
« Reply #21 on: April 30, 2020, 11:29:17 AM »


Offline Davitsvan

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Re: People are been affected by FOMO.
« Reply #22 on: May 02, 2020, 08:01:29 AM »
Looks like now the fomo of halving will begin and i am expecting good bull run for top coins during this fomo period and after halving we can expect a correction after which market will move steadily towards up.
I believe that before halving, we will see a small increase to $ 10K, after we will see a drop to $ 6-7K and until the fall we will not see a large increase, and by the end of the year, I have no doubt that the price will rise to $ 20K for 1 bitcoin
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Offline debra

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Re: People are been affected by FOMO.
« Reply #23 on: May 02, 2020, 11:59:48 PM »
You are right. By only following the FOMO, it will not end well. Many people are trapped in it. ANd ending on the shitcoin, panic sell or buy and also scammed. It is bad. I suggest that you never only follow the FOMO and HYpe because it will not make you well decision.
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Re: People are been affected by FOMO.
« Reply #24 on: May 12, 2020, 09:41:48 AM »
Now, on the eve of halving bitcoin, people's interest in this event has been very heated. Bloomberg and CNN and other resources talked a lot about it. Against this background, large players printed USDT and pumped bitcoin and inexperienced investors bought bitcoin for 8,9,10k. They were influenced by FOMO. It's expensive. I think bitcoin will drop to 6k and maybe even lower

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Re: People are been affected by FOMO.
« Reply #25 on: May 13, 2020, 07:43:38 PM »
People will always do "buying the rumors, selling the news", means affected by FOMO or HYPE. We cannot avoid that fact since it really attracts us to follow. But it is no problem as far as we follow the right way. How to avoid the wrong way? Always do "research" or "analysis" although we want to follow FOMO or HYPE. 

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Re: People are been affected by FOMO.
« Reply #26 on: May 14, 2020, 12:46:08 AM »
Obviously it was unrelated to the halvening when it happened, but to me the 50% we dropped in March ‘absorbed’ any halvening drop that may have been due. It’s not impossible we’ll drop now/soon, but that’s my take and I’m sticking with it.

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Re: People are been affected by FOMO.
« Reply #27 on: May 14, 2020, 07:09:24 AM »
So many peoples will loss their money just becasue of this news and ll over the world market is so much infected becasue of this news and also the corona virus.
many traders are smart to keep their assets in stablecoin USDT or USDC something like this is enough for a safe asset when the pandemic. at current prices bitcoin will rise or fall to trade on the things that are most important to any pandemic must secure their assets should as soon as possible because of the possibility of Bitcoin fell to the lowest price can happen anytime.
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Offline Davitsvan

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Re: People are been affected by FOMO.
« Reply #28 on: May 14, 2020, 12:28:23 PM »
COUPLED with the high rate of liquidity taking place on cryptoexchanges. many people are panic buying. i did twice and the price is still dropping. i think now is the time for everyone to control his/her tempo and trade without fear. so many people bought at 7,000 thinking that will stop at that price, some bought at 5, while some bought at 6k. we are to ascertain where this bear will ends.
so help us God.
If you decide to buy bitcoin, the prices of 7000-8000-9000$ are very good in the long term. And I don't see any point in trading now, because you will earn more over a long distance. Look how the cue ball jumps, only today it has grown by 10%
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Offline OptimusPrime

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Re: People are been affected by FOMO.
« Reply #29 on: May 14, 2020, 06:51:55 PM »
COUPLED with the high rate of liquidity taking place on cryptoexchanges. many people are panic buying. i did twice and the price is still dropping. i think now is the time for everyone to control his/her tempo and trade without fear. so many people bought at 7,000 thinking that will stop at that price, some bought at 5, while some bought at 6k. we are to ascertain where this bear will ends.
so help us God.
it's something natural in humans. fear is many times inevitable so can't blame anyone for acting upon that. and this will always continue to happen as long as humanity exists. the best option is knowing the risks and taking the huge steps
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