It's of course always best to buy the bottom or DCA before the pump. But if the coin wasn't on your radar, it's difficult to do so. When SOL started pumping around 15 August, I was careful. Solana already surpassed its previous ATH. I didn't buy in because I was fearful of getting rekt due to incompetence FOMO. If I did buy then, I would already be up around 2x. And when SOL pumped a couple of days ago, I decided once again to not buy in, for the same reason.
Today SOL is once again up 20%, I've decided not to buy Solana because the price is already so high. Is that a good decision? Probably not.
TL;DR: FOMO is dangerous in every way of the word.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments