Hey guys!
So there has been a lot of volatility in the crypto market as of late.
In other words, it has been just another week. Heh.
Anyway, so my awesome friend wrote a fantastic piece explaining this concept, which you can find here:
It basically explains how FOMO (Fear Of Missing Out) kinda fucks everything up in the crypto world. It redefines worth and kind of skews it out of shape. It always inevitably bounces back to normal, for the most part, but it causes people to potentially lose out on a lot of dough.
I personally think this is what happened with Bitcoin. As soon as the hype really started to grow, BTC hit that crazy high. Everyone had to own just a little BTC, and just like any other fad, it died back down and kind of went back to normal. I still don't think BTC will ever hit that high of a mark again but only time will tell!
So today I talked a little about FOMO, how to not fall into it, and how FOMO affects more than just crypto.
Hope you like it!
I plan to watch a bunch of the videos from this weekend today, or maybe even on Thursday. I have surgery and may be laid up for a few days, so I will have plenty of time to look at stuff then!
xx~Beth
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