Hey Sats Crew,
Wow, the past couple of days has been insane in Bitcoin. We have seen tremendous price action in Bitcoin and many other assets.
In today's society, it is very easy to get FOMO for a whole variety of reasons. I think FOMO is one of the worst reasons to invest in something. We make decisions for the wrong reasons, and we end up getting hurt.
In life, we need to invest in something for the right reasons. In today's podcast, I go over the following:
- Keeping up with the Jones's
- Fear of Missing out and what that means across all assets and industries
- The importance of getting into something for the right reasons
- Other assets we get FOMO in
- In life, others gain in certain things, its important to manage expectations
I'm curious though, what are your thoughts on FOMO? Did you experience any over the past couple of weeks? I'm sitting happy and fine right now personally - and I am ready to make every day count.
I would love to hear everyone's thoughts.
Best Regards,
SatsMates
Bitcoin Buys: https://invite.strike.me/2MSTYG
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
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