If you want to buy because of high price, sell (or short) If you want to buy despite high price, buy. --- Read this years ago on X from some anon and need to remind myself, since FOMO is kicking in.
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If you want to buy because of high price, sell (or short) If you want to buy despite high price, buy. --- Read this years ago on X from some anon and need to remind myself, since FOMO is kicking in.
· 9.2K Views
@DefiIgnas the 'despite' part is the hard one to get right though, separating actual conviction from just rationalizing fomo
@DefiIgnas After reading this, I suddenly felt much calmer. It's true that when FOMO kicks in, your brain can't think straight.
@DefiIgnas Đọc xong tự dưng thấy bình tĩnh hẳn, đúng là lúc FOMO lên thì não không nghĩ được gì luôn.
@DefiIgnas this might actually be the realest thing this retard (me) has read today
@DefiIgnas But how to you tell the difference between Despite or Because upon what you fell bro ? 🥹😭 @benji383 c’est pour nous les sidelines mdr
@DefiIgnas yeah fomo is real, this is the kind of reminder I screenshot and forget
@DefiIgnas if a month of flat price would kill the thesis, the thesis was never doing the buying
@DefiIgnas This is the reminder I need when the chart starts going vertical 😂
@DefiIgnas Since you are eternally on X, you may consider it as fomo because on X, people are always bullish even w/o money.
@DefiIgnas Just another basic rehash of the same old retail cycle. Nothing new.
@DefiIgnas buying despite high price is just paying for conviction fomo usually means the conviction is borrowed
@DefiIgnas Personally, I'd keep buying DCA. Timing the market can be brutal, and if you're thinking long enough, it's an accumulation game at the end of the day.