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NOFOMO: NO more Fear Of Missing Out...

Crypto tools and tricks
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Exciting times

The halving will take place this year, with the expectation that this will boost the bull run. On this page you can find tools/tricks in the field of crypto. The most important advice is NOT to act from emotion. When buying/selling it is important to follow a strategy. The links on this page will take you to channels that support this.

Tag: FOMO

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Broker

A trading platform has tools to automate the strategy;
- Buy order: below a certain amount
- Sell order: above a certain amount.
If you are not yet familiar with Crypto, be careful about getting in because of news/hype, but take your time to make choices and NEVER be guided by your fear

Tag: Brokers

Recommended brokers

BitVavo

bitcoinmeester

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Tag: Affiliate links




Information about Crypto

Follow us for more information

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FOMO = (F)ear (O)f (M)issing (O)ut

Is the fear of missing out or missing out. In Crypto, this is often the result of news about BitCoin rising or falling dramatically. If you are not yet familiar with Crypto, be careful about getting in because of news/hype, but take your time to make choices and NEVER be guided by your fear.

Tag: FOMO

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(D)ollar (C)ost (A)verage

This is a form of investing in which you purchase a FIXED amount in shares, crypto, at a FIXED time. This means you don't suffer from FOMO, and you buy (for the long term) at an average price, reducing the stress in a market that has a lot of fluctuations.

Tag: Invest

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Market cap

This is an English term used to determine the relative size of a cryptocurrency. You can calculate this by multiplying the price by the circulating stock (in terms: 'circulating supply'). So the formula is: Market Cap = Price x Circulating Supply. Pay attention to this when buying, a limited maximum number causes scarcity (eg BitCoin)

Tag: Invest

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Coin terminology title

A lot of terms are important, here is an overview of relevant Crypto terms

eg : satoshi: The smallest divisible unit of one bitcoin. There are 100 million satoshis (8 decimal places) in one bitcoin. One satoshi = 0.0000001 bitcoins.

Tag: Crypto info

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(H)old (O)n for (D)ear (L)ife

Prices fluctuate, but in the Crypto world this can take days, weeks, months, YEARS. The basic principle is therefore: invest what you can afford to lose and NEVER sell at a loss. Look at the longer term and you see that the market is getting bigger.

Tags: terms

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(F)inancial (I)ndenpendence (R)etire (E)arly

A movement of people who consciously deal with money and start investing early, for example Crypto with the aim of being able to retire early. This is in contrast to continuing to work until you reach retirement age.

Tags: terms

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Bull & Bear market (2024!)

Bull market: everything goes up, Bear market: everything goes down. There are also cycles in the Crypto market, we have been in a Bull market since 2017-2018, so far these often lasted 4 years!

Tags: Market trends

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(DE)centralized (FI)nance

With Crypto, transactions between 2 entities are recorded and validated decentrally, in an open accounting system. The current banking system has all kinds of links that cost time/money/energy, the DeFi vision is that this can be done much more efficiently via Cryptocurrency.

Tag: Coins

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info@nofomo.nl

About us

We are enthusiasts, driven to look at the possibilities of new technology, and want to share our passion.

  

* Affiliate links to brokers we use