This section briefly states: "IF YOU TAKE A LOT OF RISKS, YOU EAT A LOT; IF YOU DON'T TAKE RISKS, YOU EAT LESS; AND IF YOU ARE COWARDLY, JUST LEAVE."
In my personal opinion, if I were to rate the level of FOMO in the uptrend from 1 to 10, I would say it's currently at a level of 3 or 4.
Why?
- Most people are still a bit cautious or just getting back to shore. There hasn't been a game to create craziness that pulls gamblers in and makes them forget the way out.
- Everyone is cautious about holding and switching to trading according to the waves. The mentality of being cautious is still present and hasn't reached the FOMO stage.
- The charts of most altcoins have not yet entered a Bull Cycle. When looking at the W frame of the old coins from the last season, one can imagine the W chart will show many consecutive candlesticks. At least, it should run for 2-3 months for a basic altcoin chart.
- The TOTAL indicators have just surpassed their peak or are close to the peak. In reality, there still hasn't been a significant influx of capital. This season, there are more coins than the previous season, which is true, but the total stopping here or increasing by 30-50% as most discussions suggest seems unreasonable. At least, TOTAL needs to double or triple from when it broke the peak.
- Only a few old coins have surpassed their previous peaks. The rest are still entering the bull wave and haven't pulled in FOMO yet. Especially for the new coin group, those with significant games from whales have yet to create any Ponzi waves at all.
- The wave after Halving, after the elections is still not truly strong. Anyone claiming this season is different from the previous one is only pointing out that there are more coins with larger market capitalization, but in terms of mechanisms and regulations, there has not been any intervention in management; it remains quite similar to the previous season.
Anyone who is afraid should leave. And please invest wisely and be cautious before everyone rushes into FOMO.