Bestcapitalinvest (@BestCapitalInvest) on getquin

7Mon·

FOMO back?

The current price movements at $SMCI (-0.88%)
$NVDA (+3.67%)
$BTC (+0.09%) or $ANF (+1.06%) no longer appear rational - they reflect a mood that seems to be permeated by a disturbing phenomenon: the "Fear of Missing out" (FOMO). This emotional rollercoaster ride is tempting many investors to make impulsive decisions by jumping on the bandwagon for fear of missing out on "the next big thing". But in this hustle and bustle, long-term strategies and well-founded analyses are easily lost sight of.

"It's not always rational but it's rational a lot of the time that the market does the things that it does every day."- Warren Buffett

FOMO can lead to impulsive actions based on short-term emotions rather than a sound analysis of the underlying values. This poses significant risks to the portfolio, as short-term gains can often be followed by equally rapid losses. You should always remember what Buffet said about such hypes: "The stock market is designed to transfer money from the active to the patient."

How to combat FOMO:

1. take a long-term perspective: Remember that investing is for the long term. Short-term hypes are often of limited duration, while a long-term strategy promises more sustainable success.

2. rational analysis: Take the time for a rational analysis. Check the fundamentals of the investments and evaluate your risk profile.

Your feedback is crucial! Are you falling victim to FOMO? What are your experiences?

#bestshares

#baqs

8 Comments

PowerWordChill@PowerWordChill

7Mon

PSSSSST, QUIETLY! Don't say that, I need a few suckers to buy my overpriced garbage again. 😂

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Tenbagger2024@Tenbagger2024

7Mon

However, Nvidia and Super Micro have not disappointed with their figures so far. And the outlook for the next few years is right. I don't think this is just a short-term story.

For me, FOMO was the hydrogen story where investments were made in companies that may never be profitable

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VincGetsTheBag@VincGetsTheBag

7Mon

The movement in $BTC seems more than overdue to me rationally and absolutely not caused by FOMO.
On the contrary, Google Search's are low and not comparable to the ATH in 2021. This is organic demand that is currently boosting the price. To me, that makes a healthy impression.

I can't say anything about the other assets.

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Finanzinho@SathosiRuffy

7Mon

I do not yet see any FOMO or above-average bullish behavior in Bitcoin, which will probably only come when the ATH is reached

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T-Mac@Compoundwithme

7Mon

It’s not FOMO it’s more like a game of hot potato, don’t get caught with the potato- if you do you lose money, if you can pass it to someone else you make money. It’s a type of gambling/game. It can be lucrative if you can spot it and get in early . I day trade theses stocks when I have time, get in and get out. Once your up enough your playing with house money.

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Lucrash@KapriolenCapital

7Mon

FOMO can also be good. The trend is your friend. It's great for people who trade momentum. The big investors have also triggered FOMO with regard to AI through Open AI's success with ChatGPT. It can therefore also be a mechanism to keep up in the long term. This may seem exaggerated at first, but it can also pay off extremely well.

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