The FOMO Fever: Resisting the Urge to Ape In 🧠
We've all seen it. A coin is up 100% in 24 hours and your feed is full of rocket emojis 🚀. The Fear Of Missing Out (FOMO) kicks in, and your finger hovers over the "Buy" button.
Scenario: $PEPE is on an insane run. You didn't buy it yesterday, and now you're feeling left behind. The temptation to buy at the top is immense.
My Strategy: This is when discipline is more valuable than anything. Instead of "aping in" with your whole bag, consider this:
Wait for a Pullback: What goes up fast, often corrects. Look for a healthy retracement to a previous support level.
Start Small: If you must enter, use a small percentage of your intended capital. You can always add more if the trend confirms.
Don't Chase: There will always be another opportunity. Chasing a vertical chart is one of the fastest ways to get rekt.
Stay smart, protect your capital. Don't let FOMO be your financial advisor!
#FOMO #PEPE #Memecoin #CryptoTrading ##RiskManagement