As you now know #FUD, what about #FOMO?
🛑 #FOMO (Fear Of Missing Out) is the feeling of fear and anxiety that you might miss out on a potentially profitable opportunity.
"Don't miss the train" we could hear when $BTC was at $60,000 last October, only 2 months later it cost $30k.
Unfortunately, the more significant a price movement, the more likely a stock’s price will actually reverse or retrace, so #FOMO trades are often losers that need to be avoided at all costs.
Here too, do not be influenced by those people/media who will do and say everything to pump a Crypto, by spreading messages praising the project and ensuring "to the moon" gains.
You never miss the train, you just miss a station (in a cycle).
🛑 #FOMO (Fear Of Missing Out) is the feeling of fear and anxiety that you might miss out on a potentially profitable opportunity.
"Don't miss the train" we could hear when $BTC was at $60,000 last October, only 2 months later it cost $30k.
Unfortunately, the more significant a price movement, the more likely a stock’s price will actually reverse or retrace, so #FOMO trades are often losers that need to be avoided at all costs.
Here too, do not be influenced by those people/media who will do and say everything to pump a Crypto, by spreading messages praising the project and ensuring "to the moon" gains.
You never miss the train, you just miss a station (in a cycle).