CrediBULL Crypto
CrediBULL Crypto|Aug 25, 2026 17:31
I don't want you guys to FOMO. That is literally the number 1 rule of trading and investing- don't fomo. I get the appeal of the social trading apps- but when they are purposefully engineered to make you act on emotion (which drives up fees, engagement, and profit for the app and those posting on it) they likely do more harm than good imo. Holding an undervalued, high conviction asset for months (or years) that could comfortably yield you a 20, 30 or 50x is already challenging enough for most people. Now imagine holding that asset on an app like FOMO where you're constantly being bombarded by notifications to entice you into dumping your high conviction, long term holds to chase/gamble on random "flavor of the day" plays (many of which are bundled slop). I've thought about starting a port of "long term holds" on the app, just to track their progress and appreciation off of these macro lows publicly- but even in that case- what's the point? Being on that app literally introduces a million distractions (even if you're not actively trading your bags) to those following you and makes it 10x less likely that they will hold on to their high conviction holds long enough to actually realize their potential. The app is not designed for HODL'ers, it's designed to make you do anything but HODL, it's designed to make you FOMO. Would love to hear some perspectives/opinions from those that are making longer term investments there- because personally I don't see it as a net positive atm myself.(CrediBULL Crypto)
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