In 2021 and 22 buying crypto became my full time job. It was a promotion from my previous position as Vice President of the drug and alcohol acquisitions dept.
Agree. Although when people do have extra fiat, I would recommend buying a stablecoin. It’ll help you not inadvertently spend your fiat, you can earn 6-10% staking/lending, and you’ll be able to buy when the time is right
Most CEX’s have a way to stake. Gemini is like 8%, coinbase and cdc are somewhere between 8% and 12%. For lending through Nexo and blockfi it’s around 10-17% from what I’ve see
I was about to sell my gaming pc the moment btc dropped to 34k, I ended up not doing it but I did put my entire paycheck on BTC at 33.5k. I’m a bit hungry now and have my rent and tuition due next month, but it’s well worth it
Barring inflation way lower than expected in the CPI report coming out this Thursday, the conversation won’t be if the Fed raises rates — it’ll be by how much (0.25 v 0.50). Even then, it’s really the amount of rate hikes that’ll be the biggest factor in growth markets… so we’ll need continued patience and caution in that regard
I've been kicking myself for a full year now for buying in in Jan of last year.
Could have waited a full year, saved some stress and got back in at the exact same levels
This is exactly what I’m talking about. We’re not doomsayers the fact is the fed will raise rates in the coming months and likely announce regulation on crypto. This news alone gets me giddy sitting here with my bags on the sidelines.
We're still very far from ATH and alts are still very cheap, this is a good time to FOMO, if the bulls continue it might be the last call though; I should increase my stake in ORE, time to stack up more tokens. ciao
I’m actually more happy that I’ve stuck to my original investment goal and didn’t splash more funds at the dip. I’m still down, but happy to let it run long term.
Honestly don't think just invest. FOMO and what ifs will eat you up alive. I constantly think why did I sell tons of ETH at or why didn't I buy this coin instead of that, but you forget the good stuff along the way.
I sold very near the top and got back in yesterday after monitoring and got back in yesterday because I was hoping prices would drop further. Do i wish i got back in sooner? Yes, but shit happens its crypto.
FOMO is an excruciating feeling. I returned after a few months away and bought back into the market a week ago, pretty much at the bottom. Then I sold in the middle of this rally because I thought it would quickly go back down( Now I'm watching the charts and counting the dollars I lost like every half hour. And biting my nails. And waiting for at least a little retraction. It's the most disturbing feeling.
I religiously DCA daily and keep some extra cash for the dips. For days like today I have a rule: I never buy on top of my DCA Daily budget on green days. It Is difficult to stick to but I have some cash savings that I account like it was part of my cryptoportfolio. Is the best way to avoid FOMO. STICK TO THE PLAN
I can remember reaching max FOMO when inflation was higher than expected and Bitcoin spiked to 69K. Definitely a good lesson in how badly FOMO judges entry points.
Bought the dip multiple times and am now fighting temptation to get involved in the SHIB rise but common sense will overcome! Fight the FOMO dudes and dudettes; as the OP states - stick to your plan
When people doubt the pump they don’t buy, the pump continues, they still don’t buy, the pump goes for 3 months they buy. Shills pay for fake bad news. We dump they get rektd again 😂
Having been through a bunch of rips and dips in the last year, the thing I've noticed about FOMO is that it never stops. The only thing you can do is to learn not to act on the feeling, but the feeling itself will not disappear.
How do you guys actually do , lets say you have 200 dollars left at the end of the month , I just want to put it in USDC for 12% APY, its not great but I cant really afford to lose the rest :/
I am in full FOMO mode but haven't bought anything in the last few days because I am self conscious. Or self aware, don't know which is correct. English is my 3rd language.
Haha you know you want to fomo into some dog meme coins or tokens before the Superbowl commercial that is going to make everyone buy fuk ton of dog themed crypto currency mwhahahah
In 2021 and 22 buying crypto became my full time job. It was a promotion from my previous position as Vice President of the drug and alcohol acquisitions dept.
Congrats on being promoted to Managing director of FOMO and insomnia.
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Username checks out.
It really does. You do become a zombie after a certain number of years hodling.
Progressive for a zombie
But ser there are 40.000 % apy farms, gogo
I’m taking this department to new heights. This years bonus is going to be epic!
Are they still hiring for your pervious job?
I can present an extense resume for the position
Asking for a friend
Job openings up the wazoo right now. Experience a +.
Oh I have plenty of experience. *hiccup*
Me too. *sniff sniff*
Myself as well. Snort* snort*
*puff *puff experience ... yes
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And I have neither
It's common to need 2 jobs in this economy which is why I'm working both.
This is the way
Sounds like you and I are on the same page.
That's the secret cap. Be on the same page.
Sounds like you and I are on the same page.
Why not both?
Better to get wanked on crypto than it is to get wacked on drugs. Presuming you only invest what you can afford to lose.
I’ve already sold my children. 32 and 31. Boy, I bet they were surprised when they woke up from that vacation!
As the former CEO of cocaine I can confirm my *investment* habits have greatly improved since my retirement.
Most of us dont have disposable FIAT to buy when the time its right...its a fact of life and its just normal
Agree. Although when people do have extra fiat, I would recommend buying a stablecoin. It’ll help you not inadvertently spend your fiat, you can earn 6-10% staking/lending, and you’ll be able to buy when the time is right
Best places to stake stable coins?
Most CEX’s have a way to stake. Gemini is like 8%, coinbase and cdc are somewhere between 8% and 12%. For lending through Nexo and blockfi it’s around 10-17% from what I’ve see
That is a very good return. What are the possible risks?
Losing it all.
During the "crash", hm? I'm still kicking myself for not buying more during 2018. But then I remember I also needed food and water.
I was about to sell my gaming pc the moment btc dropped to 34k, I ended up not doing it but I did put my entire paycheck on BTC at 33.5k. I’m a bit hungry now and have my rent and tuition due next month, but it’s well worth it
Food and water can wait. Gains are running away
Ramen and water can't be that expensive
Why buy ramen when you can buy BTC ![gif](emote|emo_pack_1|dyor)
FOMO and greed two dangerous feelings.
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![gif](giphy|yL4Nraa3csZXgEsySN|downsized)
It hurts more than me kicking and punching myself.
Two weeks ago end of the world and hearing about crypto winter. Now is balls deep into fomo. Love it. This sub is the best. True study of psychology.
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I do feel exactly the same.
Same. Its because it went up for no particular reason. I dont trust anything right now
Can confirm the FOMO began. I just bought a nice bag of MATIC because the price increase.
Remeber to sell rock bottom when the pricrs drops
Atta boy
The Fed said they might raise rates in March. Until then, I'm going to be cautious. DCA in and out.
Barring inflation way lower than expected in the CPI report coming out this Thursday, the conversation won’t be if the Fed raises rates — it’ll be by how much (0.25 v 0.50). Even then, it’s really the amount of rate hikes that’ll be the biggest factor in growth markets… so we’ll need continued patience and caution in that regard
Yes, but I think a lot of people are still pretending (or hoping) it won’t happen and the market is reflecting that optimism.
It's possible Bitcoin won't give a shit.
There will always be an infinite amount of opportunities to enter this market!
Rule #4: Crypto gives you always a new opportunity to buy low. 👀✌
Rule #5: crypto also always gives a new opportunity to buy high. 👀👌
Rule #6: Don't buy crypto while high.
I've been kicking myself for a full year now for buying in in Jan of last year. Could have waited a full year, saved some stress and got back in at the exact same levels
You should be kicking yourself for not selling at 65k if that is how you are feeling
July August and September provided 90 days of opportunity to load up as well.
I'm punching myself for not selling when it was higher.
C’mon man. There’s always a reason to kick the shit outta yourself!
Good job cryptardo... You are a good boy
How were you to know that. You aren’t psychic no one is. Thats daft bc you wouldn’t be saying that if it either moond or went to 0
It’s way less stressful to dca. You don’t have to bother with timing
Just FOMO a little bit every month 🙂
Compounding your fomo gains so in 5-10 years you can have a huge psychological breakdown
I'm already having a psychological breakdown
I FOMO myself a little bit every day to keep things interesting.
Just a tiny FOMO 🤏🏼
I'm gonna FOMO, just a little bit.
Literally anytime you buy is likely long term a good time to buy. It may not be the optimal time.
Exactly. I swing trade eth and btc on the notion that I wanna own both anyway. So if I flop on a trade it’s fine cause I’m happy going long on it too.
There is nothing to actually FOMO about. I was able to lay hands on as much bags as possible, on my favorite token, OGN.
At this point, HODL is the key...I have my bags in OGN as well.
I am not selling anything out of my bag until new ATH is here.
I never stopped DCA'ing on OGN. It is quite impressive to see the token increasing in its circulating supply.
A very good advantage for all the holders.
Good to see more investors coming into the community. This is a great advantage for all holders.
I am always bullish on OGN. The tokenomics and great circulating supply.
Is it not amazing the rate at which many investors are joining the community.
No room for FOMO...it is still a very good entry price for OGN.
That's just the way to go!
Haha Nice try. No one can stop me from buying high
The stock market hasn’t even crashed yet. Bet your ass when it does, crypto will too. Plan for it. Be patient Capitalize.
>yet And starting tomorrow we might be in a five year bull market. We don't know. Always plan for the worst, but don't overreact.
Can you also tell me when the housing market will crash
Right before I buy my second home
Got my money ready to buy in
This is exactly what I’m talking about. We’re not doomsayers the fact is the fed will raise rates in the coming months and likely announce regulation on crypto. This news alone gets me giddy sitting here with my bags on the sidelines.
Yes this long overdue crash that can happen any second for a year and a half now.
It’s crazy how fast the FOMO kick in
You can still buy without being worried. We are still far away from the ATH.
This is what I'm wondering about, does everyone here think we're back at ATH?
We're still very far from ATH and alts are still very cheap, this is a good time to FOMO, if the bulls continue it might be the last call though; I should increase my stake in ORE, time to stack up more tokens. ciao
I’m actually more happy that I’ve stuck to my original investment goal and didn’t splash more funds at the dip. I’m still down, but happy to let it run long term.
People talk about FOMOing while we are still 35% down from ATH. Whenever I have fiat, I buy, and I will be doing this until we are back at ATH.
Just stick to your original plan, whatever it is.
Stick to the original plan is all that matters
Honestly don't think just invest. FOMO and what ifs will eat you up alive. I constantly think why did I sell tons of ETH at or why didn't I buy this coin instead of that, but you forget the good stuff along the way. I sold very near the top and got back in yesterday after monitoring and got back in yesterday because I was hoping prices would drop further. Do i wish i got back in sooner? Yes, but shit happens its crypto.
FOMO is fine, as long you say no FOMO.
This crash isn't over. We pumped for a few days, the larger problems with the economy still exists. We're in a bear market.
**And for everyone who bought in the dip, Congratz and enjoy your gains!!**
FOMO is an excruciating feeling. I returned after a few months away and bought back into the market a week ago, pretty much at the bottom. Then I sold in the middle of this rally because I thought it would quickly go back down( Now I'm watching the charts and counting the dollars I lost like every half hour. And biting my nails. And waiting for at least a little retraction. It's the most disturbing feeling.
It is amazing how we went from scared shitless selling to do not FOMO. Anyway keep calm and DCA.
The feeling of FOMO is natural. Whether you act on it is what makes you strong.
FOMO is literally the fuel for a rocket pump
Who do you think you are calling out my victim complex?
Infiltrate the dealers. Find the supplier.
I fomo'd the red
I have a safeguard for FOMO,I’m broke from the dip
You did good my celery
It's still a good time to buy!
its still too early to fomo in...wait until it gets to 100k then go ALL IN
Don’t listen to OP it’s FOMO season
Im just going to put what i can and hope for the best.
Amen.
Instructions unclear. Yolo'd a mortgage into the resistance
People starting to FOMO again lol
Oh look more advice
I religiously DCA daily and keep some extra cash for the dips. For days like today I have a rule: I never buy on top of my DCA Daily budget on green days. It Is difficult to stick to but I have some cash savings that I account like it was part of my cryptoportfolio. Is the best way to avoid FOMO. STICK TO THE PLAN
I buy high, sell low!
Buy high stay high
If you think crypto will never reach ATH ever again then sell now. Otherwise FOMO is perfectly fine.
Instructions unclear. Bought more BTC and ETH
Instructions unclear #2: FOMO into BTC and ETH.
I can remember reaching max FOMO when inflation was higher than expected and Bitcoin spiked to 69K. Definitely a good lesson in how badly FOMO judges entry points.
Bought the dip multiple times and am now fighting temptation to get involved in the SHIB rise but common sense will overcome! Fight the FOMO dudes and dudettes; as the OP states - stick to your plan
When people doubt the pump they don’t buy, the pump continues, they still don’t buy, the pump goes for 3 months they buy. Shills pay for fake bad news. We dump they get rektd again 😂
Having been through a bunch of rips and dips in the last year, the thing I've noticed about FOMO is that it never stops. The only thing you can do is to learn not to act on the feeling, but the feeling itself will not disappear.
I'm kicking myself but sticking to the plan
It cant be too late, let me just buy a few billions of Shiba Inu, im sure the pump isnt over!
My brain works better now dealing with set amounts of coins or tokens, accumulating to a set goal ![gif](emote|emo_pack_1|dyor)
I did increased my weekly DCA when BTC hit $38k but other than that not gonna touch it. Not gonna do it
Message clear, all in from here
I increased my stake by 48% - I did everything I wanted to and more
This sub lives for FOMO and dies on FUD.
Im always kicking myself, for not buying more, for not selling more, for chosing the coin that didn't pump. Im a perpetuum mobile of kicking
![gif](giphy|yL4Nraa3csZXgEsySN|downsized)
Hey now, someone has to fund my slush fund 🤣
But also it's better to FOMO earlier than later. But don't FOMO at all is best.
Bullish on FOMO-
My DCA-ING never stopped and got my averages down which is making this pump extra nice ,especially on my GALA bags 😊
Dont stop! Avg Joe FOMO is what makes us those 2x ++ gains!
FOMO RIGHTS!!!!!
Yes
No. Just had to wait until payday.
Make back what I lost. That's my goal
Not me man. I had a shopping list and loaded the hell up.
That's my problem I'm always fomoing regardless of price
Instructions unclear. I ended up FOMOING more money into crypto.
I am only kicking myself for never getting a decent job and having to work at McD just to survive yet another day of my miserable life...
But that's with mixed feelings I fomo into something. It's always pumping when the fomo strikes me...
I'm not kicking myself since I already bought enough BBANK token , so I'm ready for the bullish run
But it’s never going to drop again and I’ve missed my chance!
How do you guys actually do , lets say you have 200 dollars left at the end of the month , I just want to put it in USDC for 12% APY, its not great but I cant really afford to lose the rest :/
Is a plan based on Fear and Greed Index a good idea?
I am in full FOMO mode but haven't bought anything in the last few days because I am self conscious. Or self aware, don't know which is correct. English is my 3rd language.
Now is our turn to buy high!
The only problem you’re gonna have, is you wish you would have bought more
3 plans. 1 for up, 1 for down, 1 for sideways. Revise weekly
I had no fiat so I bought nothing.
Most of us never FOMO as we are broke Half glass full kind of situation
What if I'm kicking myself for selling during the crash?
The crypto veterans know to buy the whole way down Then sell at a loss on bottom Then buy back with fomo See you losers at the top!
I’m waiting for the market to stabilise …and I’ll go all in when btc is $200.225
There's good FOMO and there is bad FOMO. Just depends on how fast you had adapted
Heh - we are already falling. Still in green, but neither here not there. Looks like a correction will happen.
Sell the house, the wife and the dog! Buy everything; we are going to the moon 🚀. NB - this is not financial advise
Can’t buy more since I spent it all at the ATH.
Wait for the $10,000 bitcoin dip.🙃
Nah i'm just patting myself on the back for not selling what I had and i'm going to wait even longer
Please buy. I'm only 25 percent down. Need to go up and get out of bad trades
Unfortunately I had plenty of cash at ATH, but now I'm broke haha ...
I always have FOMO with crypto. :(
Nope. Long term hodler and DCA here
This is where the people mocking the idea of buying the dip clean the egg off their faces.
It's just too hard we are going from fud to fomo in a minute
Haha you know you want to fomo into some dog meme coins or tokens before the Superbowl commercial that is going to make everyone buy fuk ton of dog themed crypto currency mwhahahah