ThanTaiCrypto
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THE PSYCHOLOGY OF "FEAR OF MISSING OUT" MAKES US ANXIOUS.
What is FOMO in Crypto?
FOMO (Fear of Missing Out) in the crypto market is the psychological fear of missing the opportunity to make a profit when seeing the price of a coin rise sharply, causing investors to hastily "jump in" to buy without thorough analysis. This phenomenon often occurs when there is a coin that experiences a sudden price surge, widely spread on social media, investment communities, or through "hot" news.
The consequences of FOMO in crypto:
FOMO causes many people to buy at peak prices and quickly incur losses when the market corrects. This mindset leads to lack of discipline in investing, being easily swept up by the crowd, and falling into "price traps" (pump and dump) manipulated by sharks.
How to control FOMO:
• Always have a clear investment plan, along with a risk management strategy.
• Don't chase rumors or "surf" without knowledge.
• Thoroughly research the project, and conduct technical and fundamental analysis before making a decision.
• Remember: In crypto, there is no "last train" – opportunities always exist if you are patient and alert.
The Crypto God
What is FOMO in Crypto?
FOMO (Fear of Missing Out) in the crypto market is the psychological fear of missing the opportunity to make a profit when seeing the price of a coin rise sharply, causing investors to hastily "jump in" to buy without thorough analysis. This phenomenon often occurs when there is a coin that experiences a sudden price surge, widely spread on social media, investment communities, or through "hot" news.
The consequences of FOMO in crypto:
FOMO causes many people to buy at peak prices and quickly incur losses when the market corrects. This mindset leads to lack of discipline in investing, being easily swept up by the crowd, and falling into "price traps" (pump and dump) manipulated by sharks.
How to control FOMO:
• Always have a clear investment plan, along with a risk management strategy.
• Don't chase rumors or "surf" without knowledge.
• Thoroughly research the project, and conduct technical and fundamental analysis before making a decision.
• Remember: In crypto, there is no "last train" – opportunities always exist if you are patient and alert.
The Crypto God
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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