The Roller Coaster of Cryptos and the Danger of FOMO š¢šø
š Today I want to touch on a topic that, although not always easy to talk about, is vital for our community: the dangerous side of meteoric rises and sudden falls in the crypto world. š We have all seen those stories of coins that shoot up 1000% in hours, but few talk about what happens when that bubble bursts. š
The Illusion of Quick Profit šø
It's inevitable to feel that pang of FOMO (Fear Of Missing Out) when we see a crypto "going to the moon" š in a matter of hours. The idea of quickly multiplying our money is tempting, isn't it? š¤ That excitement can lead us to invest impulsively, chasing those stratospheric gains that others seem to be getting.