FOMO — the fear of missing out. Symptoms are known: a tingling in your fingers when you see green candles, and an inexplicable urge to dive deeper into the margin pit.
Recently, Jack Yi, a man with a cool head and apparently a strong liver (otherwise LD Capital wouldn't be afloat), decided to slightly cool the ardor of our hot traders. He went to social media and said: 'Hey guys! Chill out! Keep your leverage away, even if it’s only x2. FOMO is contagious. Don’t let yourself be fooled!'
Why is Jack so worried? Because right now the market looks like a free bar for students on a Friday night — everyone is rushing to pour themselves another shot before the bartender shuts off the tap. And no one thinks that they will have to pay for it with a hangover in the morning.
The essence is simple:
If you’ve climbed under the ceiling of loans and expect prices to rise forever — congratulations, you’re just like the mortgage crisis of 2008. Only now in your portfolio is not a house, but a meme coin with a dog and a promise of 'To the Moon'.
Yi says: 'Calmness, only calmness'. Wait for new opportunities. Rates may decrease from August to September — which means cheap money will flow back into the market. So it will be possible to buy cheaper and without nerves. Well, if you survive.
Don’t be a margin hero.
Reconsider your dreams of a Lambo this summer — let them wait until autumn.
Time works for the patient — ask any wealthy grandfather-investor who still remembers what 'real money' is.
Take your finger off the 'Buy' button, pour yourself some tea and think: maybe it’s not worth putting your apartment on Dogwifhat? Perhaps Jack Yi knows something that the Telegram channel 'Crypto Inside 100%' doesn't.
