Thread

100%

The p2p philosophy of Monero is different from the hodl philosophy of Bitcoin maxis. That doesn't mean that the Monero community doesn't want $XMR to appreciate in value against corrupt state money, because then more goods can be purchased and each monetary unit in Monero yields more to use it in a circular economy. Looks like this man is an #Agorist #Monerist 💪🏻😎 👇🏻 nostr:nevent1qqsqqq95g24dhv3fwl4t5slq4nczk2j3nr4laqx0qcdta6npl7yjadqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtczyzrhxzp8d0jse6d6lfl9ud6wfl9lt6v9ngserre5hthaqqr5dd7n2qcyqqqqqqgkywusg

Buen día

GM bro 🤟🏴‍☠️💜 monero It's not scalable

study fcmp++

XMR is underrated.

On the other hand if you are to FOMO in at some point, better FOMO in early, no?

#btcfail

generally when you start feeling FOMO youre already late.

no blockchain scales, its not unique to Monero

I wish I had a piconero for every time I regretted believing that.

Depends on what you can afford to lose or wait, so if you can sit and wait 10 years it's always early but not if you put all your money in and next week has to sell at loss to buy groceries 😂

Never buy anything based on FOMO

There's no good time to put your grocery money into anything, FOMO or no FOMO. My point was that waiting for the right price to buy doesn't work either, there is no right price to buy. Buying in in percentages of what you are willing to spend is the safe way. Same goes for selling. FOMO is irrelevant. Just my two cents obviously.

Yea this was the point, FOMO means you think you "missed it out" and you either 1) need it now to not miss a golden chance or 2) has no point in getting in now and stays away because it's already too late but both of those can "backfire" like for 1) it goes down, and for 2) it continues going up, so FOMO is mostly a psychological game which can mess up with people's heads if they think too much about it but if we think it's still early that's kinda the opposite of FOMO since we know we're not missing out on anything and know it's still going to be there, probably even higher in the future so you're right and I agree there's no right place to enter even more so for a money which the goal is to use at whatever price

Why did this picture make me laugh?

Because that's what it's for.. 😅