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Events Like The Latest DOGE Pump That Caused 500M In Liquidations Showed That You Really Can't Trust Sentiment In This Sub

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On Saturday the 29th the market experienced a DOGE-led Market Pump and I must say it was amazing to see in real time. I happened to be lurking the daily and watch sentiment in this sub change over a period of a few hours from very negative and disinterested in investing to full-on peak FOMO and even self-identifying bag holders. I removed the usernames to save face for some of my daily buddies and I'm also just not that kind of guy. We focus on the lesson, the people don't matter. All of these comments are ordered by time posted to give a clear illustration for the FOMO cycle of crypto trading.

https://preview.redd.it/l5pgi2qagex91.png?width=1440&format=png&auto=webp&s=482dd0edfea8334331cdd3bd633e537777a7f287

https://preview.redd.it/jk8te0xbgex91.png?width=1316&format=png&auto=webp&s=3012e5292e5499464dc007c0db1305d13073f0c1

https://preview.redd.it/jmxpvqdegex91.png?width=1242&format=png&auto=webp&s=9d0d014006fb53f03ca30b0b5197e0de9193c929

https://preview.redd.it/2fcz5vgfgex91.png?width=1440&format=png&auto=webp&s=535b23559e373cd3b55dd163ded9d7901d053d4b

https://preview.redd.it/r1jeic4ggex91.png?width=1440&format=png&auto=webp&s=8090fe21e02a76cb0c174f036dc71d3d25871cf1

https://preview.redd.it/94rjmctggex91.png?width=1391&format=png&auto=webp&s=1c2fe85e072f5912fdaa611289aab716cb932947

https://preview.redd.it/jcqghr9zgex91.png?width=1440&format=png&auto=webp&s=9db9b97386a4217ab65f9e26d3ea6fbdc86d2437

u/Beyonderr also put out a good piece about how untrustworthy FOMOing to shilled or hyped projects and tokens on this sub does not end well. It all really goes to show why you should never invest in either a coin or market movement that you don't understand and always dyor.

submitted by /u/OneThatNoseOne
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