Bitcoin FOMO? You Didn't Miss Anything
Control your emotions and you'll control your future — and your wealth ...
Wealth Builders play the long game and do so by keeping their emotions in check.
Wealth Killers let their emotions control them: They turn greedy when caution is called for … and they become fearful when the best profit windows are emerging.
Investors who control their emotions end up as long-term winners and eventually become wealthy.
Investors who let emotions drive their decisions face a losing formula: They chase what’s already hot, which leads them to repeatedly “buy high.”
And they exacerbate that mistake by then selling low … and maybe selling out at the very bottom.
Right now, investors are having emotion-driven debates about Bitcoin (BTC) after the bellwether cryptocurrency breached $100,000 last week.
The surge — which has seen Bitcoin climb 132% so far this year — has some folks kicking themselves for missing such an “obvious” opportunity.
And it has investors debating whether the crypto can climb higher from here.
The media feeds this emotional whipsawing … especially with headlines like the one below:
This an emotion-driven “game” folks in our growing community should avoid no matter what.
That’s because a defining characteristic of a Wealth Builder is understanding how the world around you is evolving, which leads you to the best investments so that you never have to chase anything …
You’re already ahead of the curve.
Chief Stock Picker Bill Patalon calls it his “storyline” investment approach.
For instance, when we launched Stock Picker’s Corner (SPC), we made sure this report from crypto expert David Zeiler — who said Bitcoin would cross the $100,000 mark in March when it was under $70,000 — was one of the first reports we published:
Then we launched our paid-only publication SPC Premium in May, making sure Bitcoin was an inaugural member of the Model Portfolio.
It’s one of the riskiest assets within the Model Portfolio, but it’s an asset class worthy of a Wealth Builder.
As Dave said in the Bitcoin guide:
“After 15 tumultuous years, 2024 is shaping up as a “coming-of-age” moment for Bitcoin (BTC). Multiple events happening this year underscore that Bitcoin is not only here to stay, but is being embraced as a valid asset class by the institutional players on Wall Street.”
Aside from Bitcoin itself, Bill already primed our members about the “Trump Trade” effects in July, when the markets started “pricing in” former President Donald Trump returning to the White House.
Fast forward a few months , and the new administration’s pro-crypto stance has helped Bitcoin jet 44% higher — from around $68,000 on Nov. 5 to $98,000 on Dec. 5:
So this wasn’t a surprise that Bitcoin took off this much since the election … because, once again, SPC members weren’t playing catch up.
That’s because we keep you “ahead of the curve.”
And for anyone who feels they “missed out” on Bitcoin because they haven’t invested yet, understand this: You haven’t missed out on anything.