Featured image of post Bitcoin FOMO: The 20000 Boat and the Rollercoaster Ride

Bitcoin FOMO: The 20000 Boat and the Rollercoaster Ride

Bitcoin at 60k? Everyones talking about missing the 20k boat Should you jump in now or wait for the dip? This Reddit post captures the FOMO perfectly Read on for some market wisdom and a dose of humor

TL;DR

People are regretting not buying Bitcoin when it was cheaper, but trying to time the market is risky. Focus on learning, having a plan, and being consistent over time.

Story

Ever felt like you missed the boat? Like everyone else is making money while you’re stuck on the sidelines? That’s the story of a lot of folks staring at Bitcoin’s price, wishing they’d bought in at $10,000, $20,000, or even $30,000. This Reddit post captures that feeling perfectly. It’s like watching a rollercoaster go up and down and thinking, “If only I’d hopped on at the bottom!” The image shows Bitcoin’s price journey, with commenters saying things like, “$20,000? We’re never seeing that again.” Others are kicking themselves for not buying in when it was lower. It’s a classic case of “FOMO,” the fear of missing out. It’s human nature. We see others seemingly winning and want in on the action. I’ve been there. I remember watching a stock soar and thinking, “I should have jumped on that!” Sometimes I did, and it worked out. Other times… let’s just say it’s a good thing I don’t bet the farm. But here’s the thing about markets—they go up, they go down. Nobody has a crystal ball. Hindsight is 20/20. Sure, maybe Bitcoin will dip below $50,000 again. Maybe it won’t. The point is, trying to time the market perfectly is like trying to catch a falling knife. It’s risky. It can be tempting to look back and say, “If only…” but the real lesson here is to focus on what you can control. Learn about different investments, have a plan, and stick to it. Don’t get swept up in the FOMO or the hype. Remember, investing is a marathon, not a sprint. It’s not about timing the market perfectly; it’s about time in the market. And that applies to everything—Bitcoin, stocks, or even your local bakery’s loyalty program. Start small, be consistent, and learn as you go. You might be surprised how far you can get.

Advice

Don’t try to time the market. Focus on learning, planning, and consistent investing. Time in the market beats timing the market.

Source

https://www.reddit.com/r/CryptoCurrency/comments/1htm0qe/not_gonna_make_it/

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