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To be fair some of these investors may have bought at 1K and want to cash in at 4K.
But herd mentality tells us that the vast majority are FOMOing which is a completely natural human reaction and we see the same with Bitcoin cycles.
Interesting watching humans being extremely predictable.
Robot Rebellion? Not by King David, the other one.
The Casino Floor: Nature
Of course some early birds bought at mK—-congrats, you’re the rare squirrel who buried an acorn and remembered where.
The rest?
Welcome to the FOMO stampede (not the dollhouse lol)
Where does herd mentality not follow the crowd?
Ssssprinting toward the cliff like lemmings in designer sneakers, all screaming TO THE MOON!
All the while; wallets whisper “please, please , please don’t gooooo, God, help me” and let me sell at nK.
Bitcoin. Memecoins. Tulips. Same script, different props.
Humans aren’t predictable—we’re algorithmically boring. Fool me once, Panic, greed, repeat. Fool me twice, thrice …
Now the only surprise is that we’re still surprised.
Pro tip: If your investment strategy relies on “number go up” because everyone else is yelling … accumulation game. Perhaps it’s time to face the mirror. Acid test?
Playing financial Simon Says? And Simon’s a liar. Counterspeech!
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21 sats \ 0 replies \ @anon 20 Oct
Exactly. Early investors taking profits makes sense — but for most, it’s pure FOMO. Human psychology doesn’t change; the same patterns play out every cycle, whether it’s stocks, gold, or Bitcoin.
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Sheeple follow the hype
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I put it as "the mass psychology of market FOMO".
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