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26084381 No.26084381 [Reply] [Original] [archived.moe]

>buying crypto during a bullrun
Why do people unironically do this? Is the power of FOMO that strong? The literal worst time to purchase crypto is during a bullrun. The bubble will absolutely pop, and people are dumping thousands into shit like BTC and ETH when they are at ATHs.

>> No.26084742

>>26084381
People with that attitude see bitcoin hit 20k and instead of accepting the risk of a small loss with a sensible stop loss, they sit on the sidelines as it doubles in a few weeks.

>> No.26084771

>>26084742
This

/thread

>> No.26084797

FOMO for sure. And that it always gets a bunch of publicity when it's shooting up, which reminds the normies of it.

>> No.26084808

It'll be back at 15k by the end of the year.

>> No.26084867

without retards and fomo we wouldnt have a bullrun. when you sell the top dont forget to thank boomers, niggers, amd celebrities for having the lower iq

>> No.26084896

but the bullrun is not over

>> No.26085001

>>26084771
This

/thread

>> No.26085032

>>26084381
where do you think you are?

buy high sell low

>> No.26085051

>>26084381
If no one bought during a bullrun there wouldn't be a bullrun

>> No.26085083

>>26084896
it is pretty much
a bit of altcoins action might follow but that's it then

>> No.26085095

>>26084381
You have to remember how volatile and long-lasting these once-every-four-years bull runs are. They last about a year, starting from the point of breaking the previous cycle's ATH. So yes, it can be very lucrative for people to FOMO in, even now.

But yes, smart money was buying during the bear market and after the corona dump last march. But most people aren't that smart and don't have time horizons stretching that far out into the future. They can still make money, but they won't become rich off it.

>> No.26085107

>>26085051
everything must be a 1usd stablecoin

>> No.26085117

>>26084381
Buying alts that haven't hit alt season yet due to crypto dominance is not dumb

>> No.26085122

Because this is where you make you're money dumb fuck. I've made $100k in the past month. Now is the time to swing, and you get out when we start crashing.

>> No.26085141

>>26085083
why would you think this time is different?

>> No.26085151

>>26084381
buy or stay poor
>>26084742
this

>> No.26085155

I just logged into coinbase for the first time in like 8 months and I have $.14 worth of tezos. How do i turn this into 1 bitcoin?

>> No.26085167

>>26084381
Makes sense to stack sats proportional to your current holdings as a method to still accumulate during a bull run using crypto lending. It's like getting increasing paychecks weekly when you use things like celsius and BlockFi.

>> No.26085807

>>26084808
lol

>> No.26085866

>>26084381
because they think that it will go even higher and that "bitcoin becomes less risky the higher the price"

>> No.26085955

>>26085155

Stake it and wait until the heat death of the universe

>>
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