 | On Saturday the 29th the market experienced a DOGE-led Market Pump and I must say it was amazing to see in real time. I happened to be lurking the daily and watch sentiment in this sub change over a period of a few hours from very negative and disinterested in investing to full-on peak FOMO and even self-identifying bag holders. I removed the usernames to save face for some of my daily buddies and I'm also just not that kind of guy. We focus on the lesson, the people don't matter. All of these comments are ordered by time posted to give a clear illustration for the FOMO cycle of crypto trading. u/Beyonderr also put out a good piece about how untrustworthy FOMOing to shilled or hyped projects and tokens on this sub does not end well. It all really goes to show why you should never invest in either a coin or market movement that you don't understand and always dyor. [link] [comments] |
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