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5/1/2020 BTC Review | why you shouldnt fomo buy right now

farbod

Target Behavior Analyst
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someone was just talking about this on SB but I cant post in SB...
anyways, I personally DO NOT think you should FOMO buy in to BTC right now.
I have a few reasons.
1. Halving
Bitcoin halving is coming up in 11 days. (https://www.bitcoinblockhalf.com/)
The last few halvings, we have seen BTC ballooning in price AFTER the fact. Now, it seems the hype has grown with people thinking BTC is going to 1million after the halving.
Now that people now, my thoughts are that this will take much longer to see the next real bull run.
From this chart, you can see the last halving. The buildup had a run, then it had a period where it seemed to dump. Be wary when buying in to BTC right now.
2. FOMO
Many people are just going to buy BTC because of "halving" or "price is going up."
Its too obvious and whales, institutions and the people who "control" btc's price are not gonna give you free money.
We are going to see who has diamond hands and some dumping before we see some real expansion.
TLDR: Dont buy just cause "its going up." That is how you lose money and fuck up.
Disclaimer: I am not responsible for your retardness or if I am wrong. dont blame me if it goes to $100 million or if you lose 100k.
Want more? Say TY! I might do once per day until halving + some more
 

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