FOMO is the fastest way to losses. every pump isn’t a buy signal always check RSI, volume & trend. appreciate the honesty bro, beginners need this reminder
the_Sahil
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🚨 Mistake I Won't Repeat Again: FOMO Investing in a New Coin 💸
Today I learned the hard truth about blindly jumping into hype without a plan... 😓
I saw $DMC trending. New coin. Huge volume spike. Everyone was posting gains. My mind said: “Don’t miss out. This is the next 10x!” 📈🚀 But my strategy? NONE. Just pure FOMO.
👉 Bought near the top at $0.0088 👉 Didn't check EMA, RSI, or volume patterns 👉 No exit plan, no stop loss, no research 📉 Result? -55% in the red within hours.
Look at the chart – it clearly showed signs of reversal. RSI was low, volume was peaking out, and the MACD was already flipping bearish. But emotion > logic.
Lesson: Every new coin is not a golden opportunity. Without a proper entry strategy, it’s just gambling. And hype is not your friend – it’s your trap.
💡 Before investing:
Always check indicators (EMA, RSI, MACD)
Learn the project
Create a plan: Entry, Target, Stop Loss
Don’t follow the crowd. Follow your analysis.
📌 Sharing so others don’t repeat this. If you’re new, start slow and smart. The market punishes the impatient and rewards the prepared.