Every time I see the price goes up, I want to buy. It seems to me this is the complete opposite of buy low sell high. Yet I justify it buy thinking that:
- I'm not going to sell in the next 5 years so price is almost guaranteed to be higher than it is now.
- As the price goes up, I'm more confident in Bitcoin (even though fundamentals haven't changed).
Anyone else do the same thing? Does it makes sense or am I just giving into FOMO pressure and post-rationalizing?