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BREAKDOWN: HODL FOMO vs. Speculative FOMO – Why This Bitcoin Bull Market Will Be Different

Author
CoinDesk
Published
Tue 17 Nov 2020
Episode Link
https://www.coindesk.com/hodl-fomo-vs-speculative-fomo-bitcoin

As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up. 
This episode is sponsored by Crypto.com and Nexo.io.
Today on the Brief:

Tesla to join S&P 500

Airbnb files for IPO 

The Mooch wants crypto 

Our main discussion: HODL FOMO vs. Speculative FOMO.
The 2017-2018 bull run was driven by ICO mania and a relentless get-richism that was nothing if not short-term. As bitcoin passes $17,000 and questions of looming all-time highs start to make their way into mainstream press, it is a very new set of actors and a new set of thinking that is driving this movement.

The Twitter thread that inspired today's podcast:
twitter.com/CitizenBitcoin/status/1327276810363670529
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