Bitcoin already over $18,000

[Expert]

Hello.
What do you think about the recent increase in bitcoin price? Will it continue?
I read a previous article from Tactical Investor written a few years back stating that while the trend for it is still positive, it is unlikely to reach its previous high anytime soon. Can mass psychology be used to predict topping action in this case?

[Eric]

FOMOing in is how the masses loose their asses.

(I think that might be my new signature.)

[Budge]

Bitcoin is replacing gold as the refuge in uncertain times. It works until it doesn't or rather until governments don't want it to. China clamped down on cryptos earlier this year - didn't want yuan fleeing the country.

Watch the reemergence of the "big hammer": everything belongs to the government.

[phillCC]

FOMOing in is how the masses loose their asses.

Eric, please define FOMOing .
This word is new to me.

[Triplethought]

FOMOing in is how the masses loose their asses.

Eric, please define FOMOing .
This word is new to me.

Fear Of Missing Out

[SOL]

FOMOing in is how the masses loose their asses.

(I think that might be my new signature.)

and that is also known as the secret desire to lose syndrome when the asset is silent no one cares, but when the action turns violent everyone wants in and they usually get in but get out with nothing.

There is always going to be another play and even if you get out early, so what wait for the next opportunity and while you wait read good books, enjoy the free things in life, maintain your health, etc etc,

Money is a tool only fools assign a higher status to it. Tools are meant to be used, instead, most let money use and abuse them.

[bpcw]

FOMOing in is how the masses loose their asses.

(I think that might be my new signature.)

and that is also known as the secret desire to lose syndrome when the asset is silent no one cares, but when the action turns violent everyone wants in and they usually get in but get out with nothing.

There is always going to be another play and even if you get out early, so what wait for the next opportunity and while you wait read good books, enjoy the free things in life, maintain your health, etc etc,

Money is a tool only fools assign a higher status to it. Tools are meant to be used, instead, most let money use and abuse them.

Yes, money is a means to an end, but many make it the end in itself. How many people do you see strive for money so they can have a good retirement or retire early and when they achieve it, carry on striving for more until they drop down dead!

[bpcw]

https://www.bloomberg.com/opinion/artic ... e-currency