Feeling Fomo and Don't know what to do

As the title says, I'm feeling like I should invest right now, but at the same time it could go down 5 minutes later.

I was waiting for a correction that never came and now it seems like I missed the boat. Everything is pumping like crazy and halving is not ever here.

Initially, I had a business idea and wanted to invest my money there. Then ETFs approval happened and now I'm torn between starting a business and investing in crypto.

Important note: I'm in my early 20s and have almost no experience in business and marketing, so I would need to learn everything from a scratch and invest to improve my skills. Still, there is no guarantee I can make any money. It would be all for nothing.

Another note: I have a job and per month make a little more than average salary in my country. This job is something even a monkey can do, but I haven't learned anything since I started in 2022. Also, it's hard mentally and physically and I would like to leave as soon as possible. In just for the money. Can't find a better paying job in my country with the skills I have.

If I were to take a chance on crypto, I would like to get 5x or more, or else it it's not worth the risk. We are close to ATH and even 3x seems unlikely.
Altcoins like Link, Sol and Avax are still behind, but markets are unpredictable.

What do you think?

Broski nothing good comes from fomo desitions, have a wank, post nut clarity helps...

You are overthinking it.

If you like the space, dollar cost average on a span of 3-4 years. In the end, the current price does not matter

LukT25 said:

As the title says, I'm feeling like I should invest right now, but at the same time it could go down 5 minutes later.

Click to expand...

Take a comfortable size relative to your risk management and invest now. Stop overthinking it.

If you want 3x in BTC then you need to hold for several years (and of course it’s not guaranteed even then).

Starting a business or trying crypto? Both are risky, so be careful. Crypto is volatile, don't chase quick money near highs. Businesses take time and learning, but can be fulfilling in the long run.

Choose based on your risk tolerance: crypto is risky, but only invest what you can afford to lose. Don't quit your job impulsively, focus on learning new skills while exploring options. Invest in yourself.

Invest in your skills : Sales, negotiation, marketing whatever. Then start the business you want. For cryptocurrencies to work you need to wait several years so forget crypto for now and just invest on your skills and business.

Starting a business has nothing to do with crypto gambling. You can start a business with almost zero $

Please, be careful with putting a lot of money into crypto right now.. We've gone up like mad over just a month+ period with barely any correction and any experienced trader will tell you that this is not sustainable.

Also, I really do not encourage people to invest in crypto unless they have a sense of what it is about. I spent 3 years going quite in-depth into this 'landscape' and I want you to consider that it is a 'game'/sport like any other, meaning that you will enter the ring with people who have a massive upper-hand in experience.