😱 Fear of Missing Out
🔍 In the world of cryptocurrencies?... What does
FOMO
mean in the crypto market? The term FOMO refers to the feeling that investors or traders experience when they see a coin rising rapidly, making them feel that they will "miss the opportunity" if they do not buy now.
😱 How does FOMO manifest practically?
🔺 The trader sees that a certain coin has risen 50% in two days.
🧠 If I had bought a day ago, I would have made a lot.
🏃♂️ They rush into the market and buy at the peak without analysis.
📉 Afterwards, the coin suddenly drops, and they lose due to an emotional decision.
⚠️ Why is FOMO dangerous?
* It leads to hasty purchases during price surges.
* It makes you buy at peaks and sell at troughs due to panic.
* It may make you follow false trends or fake pumps.
💡 How to avoid FOMO
✅ Stick to a clear trading plan.
🧠 Don't enter the market just because "everyone is talking about the coin."
📊 Use technical analysis, not just intuition.
💸 Invest amounts you can afford to lose.
🕐 It's okay to miss today's opportunity; opportunities don't end.