Emerald Crypto | March 21, 2021

Fear of Missing Out, often shorted by the acronym FOMO, is the the feeling or perception that others are having more fun, living better lives, or experiencing better thi...ngs than oneself. This anxiety can stem from coveting material things like a house or a car, craving the status that comes along with earning a degree or job title, or from the social capital to be gained by attending a trendy party or event.

This psychological phenomenon stems from, at least in part, a principle researchers call loss aversion. Loss aversion is the idea that people are more impacted by the possibility of missing out on something than they are by the possibility of gaining it. In other words folks are more anxious about not having a nice house than they are fulfilled by actually having one. (What if somebody's house is nicer??!)

Investment FOMO

Investment FOMO is no different. Fear of Missing Out kicks in especially when the market is doing very well and others - even the unwashed dabblers - are making money hand over fist. More experienced investors see what is going on around them and are tempted react in an emotional and undisciplined way, especially as the market itself behaves irrationally.

Charts and indicators go out the window as one chases prices up. Managing risk becomes secondary as another sharp rally comes along. Traders give in to greed and seek to do that which is impossible - to capitalize on every opportunity that comes along.

This is all magnified by social media. People compare their 'regular' lives to the highlight reel of others' lives. Investors may brag about their successes publicly, but they are less likely to reveal past blunders and losses.

Plus hindsight is always 20/20. It's easy to second-guess oneself after the fact when all of the information is available. The market is unpredictable and it's simply not possible to win with maximum efficiency every time.

Don't Give In to FOMO

At some point the temptation to succumb to FOMO will come along. One of the best ways to avoid giving in is to have a plan in place before it does. Have tangible goals and develop a concrete strategies to get there. Be specific - include allocation data and have a timeline.

Remember, this is a marathon not a sprint. Have a long-term focus and perspective and be patient. Warren Buffet was on to something when he said that the market is a mechanism for transferring wealth from the impatient to the patient.

When FOMO creeps in take as much emotion out of the equation as possible by reverting back to your goals and strategy. Look at your charts and indicators more, not less. Warrior Trading suggests verbalizing your reasoning for a potential trade or purchase out loud. The idea is that by saying it out loud it will become more clear if the decision is based on solid evidence or if the 'reasoning' is an impulsive rationalization.

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(Note: This timeline focuses on positive developments and milestones. $1 = U.S.)

2008

August 18 - bitcoin.org registered

October 31 - link to white paper published on cryptography ma...iling list by Satoshi Nakamoto

2009
January 3 - Genesis Block mines 50 Bitcoin (BTC)
January 9 - first software release, Bitcoin v0.1

January 12 - Satoshi sends Hal Finney 10 BTC

October 5 - first BTC exchange rate published by First Liberty Standard - 1,309.03 BTC = $1

December 16 - second version of software released, Bitcoin v0.2

2010

February 6 - Bitcoin Market, the first BTC exchange, is created

May 22 - Florida man sends 10,000 BTC to London man in exchange for two Papa John’s pizzas (about $25)

Summer - 1 BTC = 1 penny

July 3-12 - BTC price increases by 10 times in 10 days from $0.008 to $0.08

July 17 - Mt. Gox exchange launched (converted from Magic the Gathering Exchange)

October 1 - Open CL, first public miner, is created

November 6 - BTC market capitalization reaches $1 million
December 7 - user doublec creates a Bitcoin app for the Nokia N900

December 16 - Slush becomes first mining pool to generate a block

2011
January 28 - first 25 percent of 21 million BTC has been mined

February 9 - 1 BTC = $1
March 22 - WeUseCoins publishes video What Is Bitcoin? that receives over 8 million views

March 27 - first BTC exchange for British Pound
March 31 - first exchange for Brazilian real

April 5 - BitMarket.eu, first stock to exchange BTC for Polish złoty, opens

April 16 - TIME magazine publishes article about crypto currency

June - Wikileaks begins to accept bitcoin donations

June 2 - 1 BTC = $10

June 8 - new all-time high of $31.91 reached
June 12 - price drops back down to around $10

July 22 - BitCoins Mobile, the first mobile app for iPad, is launched

August 20 - First Bitcoin conference at World Expo exhibition in New York City

August 23 - First decentralized P2Pool mines first block

September - Bitcoin Magazine created
October 11 - Litecoin launches

November 25 - First European cryptocurrency conference takes place in Prague, Czech Republic

2012

April - 1 BTC = $100

September 27 - Bitcoin Foundation created

October - BitPay reported having over 1,000 merchants accepting bitcoin

November - Wordpress begins accepting Bitcoin
December 6 - French exchange Bitcoin-Central becomes first exchange to operate within the framework of European regulations

2013

February - BitPay reports selling $1 million worth of BTC in a single month

February 28 - price surpasses $31.91, new ATH
March 28 - market cap surpasses $1 billion

April 1 - 1 BTC = $100

October 29 - 1st Bitcoin ATM opens in Vancouver, British Columbia

November - 1 BTC = $1000

December - Overstock.com announced plans to accept Bitcoin in the second half of 2014

Original published at my site Emerald Crypto, please click the badge in my profile to supportShow more >

Bitcoin’s pullback continues. How far will it fall?

The heady days of daily headlines on Decrypt announcing new consecutive ATHs for Bitcoin have cooled off in what could be the petering out of a now-h...istoric bull run. Today the currency suffered a further fall of 5%, taking it to a price of $35,000.

Observers predicted a correction was overdue at some point along the run. Valued at $10,500 at the start of October, Bitcoin rose consistently through the end of the year, with notable growth spurts around Christmas and New Year’s, bringing it to a dizzying ATH of $42,000 on January 8.

The general consensus is that Bitcoin’s market performance was bolstered by a wave of serious institutional interest from various companies. Anthony Scaramucci’s SkyBridge recently launched its own Bitcoin fund; Michael Saylor’s MicroStrategy also invested over a billion dollars in the currency—perhaps prompting Morgan Stanley to buy a ten percent stake in the company to capitalize on the growing interest in BTC.

Their faith in the coin remains, though, with Scaramucci taking to Twitter to declare that “a 25% pullback is no surprise. Expect many surges and pullbacks ahead.” On the same platform, Saylor stands by his expensive choice every day, summarising his attitude to Bitcoin in a retweeted meme.

Elsewhere in the news
Meanwhile, according to a report by Coindesk, Goldman Sachs and JPMorgan both sent out RFIs (requests for information),— essentially feelers for exploring ‘digital asset’ (crypto) custody.

According to Assetdash, Bitcoin is now the tenth biggest asset by market capitalization, having blazed clear of crypto critic Warren Buffet’s company Berkshire Hathaway, now two places behind, and leaving giants like Visa, JPMorgan, and MasterCard trailing at fourteenth, fifteenth, and twenty-first respectively.

The graphs may be falling but Bitcoin’s future remains a topic of heated speculation. Show more >

Down jones has not moved much in the past 1 year. If you look at the image, you will see a 5% growth.

Compare that to Crypto market and you will be amazed.

400% growth in 1 year. From $240Bill...ion to $1Trillion.

And the prices will only grow exponentially from there.
Let's hear it again which one is a better investment. It would not surprise me if all the stock brokers and traders actually went into CryptoShow more >

Creditors of the bankrupt cryptocurrency exchange Mt. Gox will be presented with the option to claim up to 90% of the exchange’s remaining bitcoin, according to Bloomberg.
- The deal between Mt. Gox's bankr...uptcy trustee and MGIFLP, a unit of Fortress Investment Group, will be presented to creditors for a simple up or down vote, Bloomberg reported.

- Investors aren’t obligated to take the early payment and can wait for the lawsuits against the former exchange to settle, according to CoinLab, which announced the deal but is not involved in the settlement. CoinLab said it will continue its litigation.

- Japan-based Mt. Gox was a major early bitcoin (BTC, +2.25%) exchange that filed for bankruptcy in 2014 after admitting it had lost 850,000 in bitcoins, 750,000 of which belonged to its customers.

- Creditors have been fighting for some form of reimbursement through seven years of legal standoffs.

- It was not clear at press time how many bitcoins are left for creditors to claim.

- Should a significant portion of those lost bitcoin come on the market, it could have a significant effect on the supply of the leading cryptocurrency and its price.Show more >

CHAINLINK (LINK) broke its previous All-Time-High price ($19) today reaching $22.8.
Link marines have been waiting for this moment for a long time as the price has been hovering around $10-$12 for a long ti...me.
Now that Chainlink (LINK) reached a new All-Time-High price we might probably be expecting the price to go higher.
Why not $50? Long way to go but not impossible though.
Show more >

Hey, everyone!
I want to share here on crypto-potential.com one of my favorite projects in crypto.
That is Hive!
Hive is a decentralized social media platform, with the main focus on freedom of spee...ch!
As you may know, in those hard times social media platforms are banning users here and there, right and left...
So the answer will be somewhere in the crypto/blockchain space!
There are so many websites and Dapps connected to the Hive network, is not something you want to miss out on!

So let me start by sharing with you how to register.
№ 1 With a telephone number:
( if you chose this option please make sure you copy your password and save it on a notepad fail, text file before continue)

One of the ways is through my link via peakd.com here:
https://peakd.com/register?ref=iliyan90

№ 2 With an email address:
Another option is by downloading a mobile app called Ecency and simply creating an account via email, confirming your email, and receiving your password with the second email.

Let me give you a brief summary of what Hive have to offer at the moment:

Decentralized communities, Freedom of speech, rewording its users for getting activity on the chain, chance to earn some crypto assets ( Hive ) a piece of this great network.

You have many websites connected to the same username and wallet you can use:

https://www.dapplr.in/ HIVE Mobile Frontend
https://ecency.com/ Mobile and Desktop Frontend

https://hive.blog/ - Social Frontend
https://peakd.com/ - Alternative Social Frontend
https://3speak.co/ - Censorship Resistant Video Platform
https://splinterlands.com/ NFT Card Trading Game
https://leofinance.io/ Tokenized Second-layer Community focused on Crypto and Finance
https://leodex.io/ Alternative Frontend to Exchange Hive-Engine Tokens

https://dcity.io/ Real State Simulation Game

https://www.cryptobrewmaster.io/ Beer Brewing Crypto Game
https://rabona.io/ Soccer Management Game

https://nftshowroom.com/ NFT Marketplace Focused on Art
https://lensy.io/ NFT Marketplace Focused on Photography
https://actifit.io/ Fitness Tracker
https://d.tube/ Video Platform
https://www.holybread.io/ Crypto Game
https://www.risingstargame.com/ NFT Music Simulation Game
https://wordpress.org/plugins/exxp-wp/ WordPress Plugin - formerly @SteemPress

https://www.vimm.tv/ Streaming Platform

https://stemgeeks.net/ Social Media Community Focused on Science Technology Engineering and Math
https://www.sportstalksocial.com/ Social Media Platform Focused on Sports

https://dlease.io/ P2P Digital Asset Leasing
https://d.buzz/ Micro Blogging Platform
https://dpoll.io/ Decentralized Polls
https://engage.hivechain.app/ Engage your hive network
https://dblog.org/ Blogging Platform
http://quello.io/ Question and Answer Platform
https://rewarding.app/


https://dominuus.io/ Domination Game
https://thegoodwhales.io/
https://pinmapple.com/
https://haveyoubeenhere/


Show more >

Here full list major upcoming event .

https://docs.google.com/spreadsheets/d/e/2PACX-1vTaZvUnoz1DqJNCq4o9X4ABMjo0kV5c_tECGzpJGCHsnCnk2nv5ME9PJP1xqmiSgSvpBvLxADT11i-e/pubhtml

Altcoin season is coming. What will you be buying and what return do you expect?

Altcoin season is coming. What will you be buying and what return do you expect?

More pumping and hyping.
Anyone who stayed in crypto during mid 2018. til' the end of 2019. knows how hard cryptocurrencies were bashed.

How tables have turned.
https://blockchain.news/news/78-...circulating-bitcoin-supply-illiquid-clear-bullish-indicator-btc-hoardedShow more >

Christmass scores a new ATH for this year, let's see what the year's ending have about 5 days left

There is a topic on Reddit quoting a post from a guy named Alex Sanders stating their impending doom.

If the facts are true, you might want to know about this.

PS. I never owned $CRO but I did... hear about Crypto.com through many ads that came my way.
It was unusual to see a new company who just arrived on the scene to have like 10k likes and 500 comments on each post. Most of that was paid shill (you can tell by reading the comments).
Their business model and token utility are not that sustainable.

But you're a gambler and like to speculate...

Here is the reddit post: https://www.reddit.com/r/CryptoCurrency/comments/jex5x4/cryptocom_the_next_one_to_go/Show more >

NASDAQ-listed business intelligence company MicroStrategy founder Michael Saylor has stated that Bitcoin “scales just fine as a store of value”. He made the remarks through his Twitter account after the company... acquired an additional 21,454 BTC ($234.6 million).

The acquisition was through 78,388 off-chain transactions. According to Saylor, the Bitcoin is under a cold storage with 18 on-chain transactions.

By September 14th, 2020, MicroStrategy purchased 16,796 additional bitcoins at an aggregate purchase price of $175 million. The company’s total Bitcoin now has a total aggregate purchase price of over $425 million.

https://finbold.com/microstrategy-founder-bitcoin-scales-just-fine-as-a-store-of-value/Show more >