The end of FOMO is when emotions destroy rationality
An ETH trader has become a 'textbook example of a retail investor':
📈 Bought the dip at 1805 ETH at the peak of $3559, losing over $6.4 million;
📉 Sat through the entire decline, endured emotional collapse, and sold at the bottom, losing $3.6 million;
🔁 As a result, two weeks later, he bought back 1734 ETH at a price of $1792, totaling $3.1 million…
In other words, he bought high, sold low, and then went all in again when the price slightly rebounded. It looks like trading, but in reality, he just took hits back and forth.
'This is the FOMO when emotions are at their peak.'
After an 8% rise, that fish starts to move again, and the smart Ziben still performs a roller coaster ride.
The question arises: You think you are a savvy trader, but you are just a warrior being led by emotions. Which one are you?
