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    Author Topic: Should we thank those who get FOMO?  (Read 892 times)
    Davidvictorson
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    May 09, 2025, 04:09:38 PM
     #21

    But those who get FOMO and can't take risks tend to buy when the market is green effectively keeping the demand higher than it already is. If you already bought bitcoin when it dipped, should we be thanking those who get FOMO and allowing us to make profit? Haha. The early bird gets the worm. It is true and applies even on bitcoin.
    I think that it was Michael Saylor who once said that, you buy at the price that you deserve. There are different types of people who are interested in investing in Bitcoin. And each of them by at the price that they deserve whether they FOMO or not. You should also keep in mind that it is not just people who feel more than bye period there are institutions that by irrespective of whether the market is dipping or whether the price is going up. Former Microstrategy is an example. In addition to this, other market forces other than those FOMOing play a part in price increase.

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