* LET'S TALK FOMO đ
I have seen quite a few posts of people on here talking about buying $QNT from $270 to even $300. Some still holding and pondering if they should sell. Some angry because they bought at such a high price.
Guys, please stop chasing FOMO. you should be buying when prices take a big hit, not when the market is green and you're trying to catch the wave and hoping it gets even bigger. Let's consider QNT.
The price went from around $59 to $316 in a matter of 2 weeks! that is a 5.35x increase in just 2 weeks.
I have seen QNT's price absolutely do nothing for the longest time. Usually hanging around the $60-$80 spot.
For those who bought at $250 to $300 range you have to remember that there are a ton of holders that have bought at $59. Some have exited early, and some were brave to hold all the way to $300. So you can expect a massive crash on the price to follow shortly.
The point is, by FOMOing in and knowing that the price had exploded in such a short time, you know that you are more than likely going to be liquidity for people who bought way way before you.
So the best practice? NEVER FOMO IN, there are always going to be great opportunities to buy cheap.
In my case, I like $BCH and $TAO right now, both had a good surge recently, but have receded significantly to the $260 mark. There could be more pull back, but this is why you should never enter everything in one price point.
If you consider trading BCH and TAO please click on either Tag above. It helps me to monetize the content which I create on here. I only provide content on coins which I truly believe in myself.
Also please like and follow for more content. THANK YOU!
I have seen quite a few posts of people on here talking about buying $QNT from $270 to even $300. Some still holding and pondering if they should sell. Some angry because they bought at such a high price.
Guys, please stop chasing FOMO. you should be buying when prices take a big hit, not when the market is green and you're trying to catch the wave and hoping it gets even bigger. Let's consider QNT.
The price went from around $59 to $316 in a matter of 2 weeks! that is a 5.35x increase in just 2 weeks.
I have seen QNT's price absolutely do nothing for the longest time. Usually hanging around the $60-$80 spot.
For those who bought at $250 to $300 range you have to remember that there are a ton of holders that have bought at $59. Some have exited early, and some were brave to hold all the way to $300. So you can expect a massive crash on the price to follow shortly.
The point is, by FOMOing in and knowing that the price had exploded in such a short time, you know that you are more than likely going to be liquidity for people who bought way way before you.
So the best practice? NEVER FOMO IN, there are always going to be great opportunities to buy cheap.
In my case, I like $BCH and $TAO right now, both had a good surge recently, but have receded significantly to the $260 mark. There could be more pull back, but this is why you should never enter everything in one price point.
If you consider trading BCH and TAO please click on either Tag above. It helps me to monetize the content which I create on here. I only provide content on coins which I truly believe in myself.
Also please like and follow for more content. THANK YOU!