What is FOMO and how to avoid this dangerous "psychological trap"?

Have you ever bought a coin just because you saw others making a big profit?

Or jumped into a trade when the price had skyrocketed… because you were afraid of "missing out on the opportunity"?

👉 If so – you are experiencing FOMO!

🔍 What is FOMO?

FOMO = Fear Of Missing Out, which means the fear of being left out.

In crypto, FOMO occurs when you buy a coin or enter a trade just because:

The price is rising sharply

Others are bragging about profits

“Bullish” news is flooding social media

➡️ You act based on emotions, not a strategy.

⚠️ Consequences of FOMO:

Buying at the peak, holding losses, losing patience

Constant trading, lack of discipline

Blowing your account due to trading without a plan

🛡️ How to avoid FOMO:

✅ 1. Have a clear trading plan:

Know what you are buying – why you are buying – when to sell.

✅ 2. Don't chase trends if you don't understand the project:

Do thorough research before investing.

✅ 3. Keep a trading journal:

Self-review the reasons for entering trades, emotions, results.

✅ 4. Limit excessive scrolling on social media when the market is volatile.

Unverified news can make you panic or FOMO.

✅ 5. Always remind yourself: "Opportunities are always there – missing one train, there will still be another one."

💬 Have you ever experienced FOMO? Share your story below to learn together!

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