Crypto FOMO

Jan 17, 2021 18:42 · 182 words · 1 minute read financials crypto

In recent weeks I saw a lot of crypto FOMO. Again.
It seems everybody is starting to talk about Bitcoin and other cryptocurrencies as soon as prices start to increase - similar as it was back in 2018 when everybody (read: “normal people” aka non-tech-enthusiasts aka everybody) was talking about Bitcoin.

I’m curious where the price will lead - if it will take a huge hit and go back to <10k or if it will raise to 100k as some people predict. As I wrote yesterday I’m following a rather boring investment strategy and therefore don’t possess any Bitcoin currently - let’s see if I’ll be happy in a few weeks to not buy anything now (at ~ $35k) or if I missed out once again.

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