- May 13, 2019
- Posted by: ICOprice
- Category: Exchanges
What does bitcoin fomo mean?
Fomo is the acryonym for Fear of Missing Out
Basically you feel in your bones that if you miss the opportunity, it will never come back again
Fomoing includes perfoming actions like
- Checking the price obsessively on a porfolio app
- Opening an account on Bitmex
- Trading on leverage on Bitmex so you can buy more bitcoin, up to 100k usd in btc with just 1 thousand dollars
Fomo is always good, you can profit by riding the upward waves, or you can outsmart the market and short bitcoin, earning some profit from late fomoers.