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Fomo?
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@Epi To the SOS pushers: What else than Fomo should you be buying right now? I have been writing my fingers to the bone for 1.5 years that gold should be heavily weighted and now, at the highest price ever, I am buying.
It would make more sense to wait until the price returns to the breakout level. Only those who are afraid of missing out on a further rise will not do that. Fomo, that is.
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@Epi
1. what does Fomo mean?
2. had been planning to open a position for the last few months but had no money available and now (unfortunately due to a death) got a small inflow
3. when is the right time ^^? You only know that in the past
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@__FunFun__ 1. google helps 😉
2 Legitimate, hence the question.
3. buying into rising prices is rarely an optimal strategy.