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Anonymous
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Asked: 2025-02-03T22:30:06+09:00

Why I'm more inclined to like kimchi and other surging altcoins

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Why are we more inclined to bet on Jobo or Kimchi? Why do we reach for Jobko even though we know from experience that majors like Bit Ether have more upside in the end...? Is it a herbal psychology problem

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3 Answers

  1. leesun
    Begginer
    This answer was edited.

    In my opinion, bitcoin should be approached as a long-term investment with a basic attitude.

    1. the price is too high

    2. you have to buy when the market is down, split it, and hold it until the market is up, but when the market is down, you don't have the peace of mind to invest.

    3. at the beginning of the market, or fire sale, the bitrate has already risen a lot, so the market is more attracted to cryptocurrencies that have not yet exploded.

    I always seem to be tempted to buy bitcoin after a while, but then my eyes are drawn to jobcoin.

  2. SeeAt
    Begginer

    I don't think anyone is immune to being attracted to coins that are exploding, and while the top of the market capitalization is ultimately right, investing in the top of the market doesn't necessarily translate into results if it doesn't fit your personal investment style.

    I think the most important thing is to establish your personal investment philosophy and principles first.

    If you can't stand the FOMO, a small amount of money can be a good way to get rid of it... as long as you don't overextend yourself after success (a common mistake when you don't have an investment rule).

  3. remykim.com
    Level 1

    There are a lot of great answers.

    Thanks for the question, it's a good one to reflect on.