đ Why You Shouldnât Chase Green Candles (FOMO Will Wreck You) đŹ
If youâre new to crypto, one of the easiest mistakes to make is jumping into a trade just because the price is pumping. You see a green candle flying up, and your brain goes: âIâm gonna miss this! I need to get in now!â That feeling is called FOMO (Fear of Missing Out)âand trust me, itâs one of the fastest ways to lose money in crypto trading.
Hereâs why chasing green candles usually goes bad:
1. đ The Pump Is Often Almost Over â By the time a big green candle shows up on your screen, the smart money already got in earlier. If you jump in now, youâre probably buying at the top.
2. đ Price Pullbacks Are Normal â Even strong coins donât go up in a straight line. After a big move up, thereâs usually a pullback. If you buy during the pump, you might watch the price drop right after you enter. Thatâs when panic kicks in.
3. đ” Emotional Trading = Bad Trading â When you FOMO in, youâre not thinking clearly. Youâre just reacting. Thatâs how beginners end up panic selling right after buyingâbuy high, sell low. The opposite of what you want.
4. â Patience Pays More â Instead of chasing pumps, wait for clean setups. Look for support zones, wait for pullbacks, and only enter when the price makes senseânot when your emotions take over.
If something is pumping hard and you feel the urge to buy âbefore itâs too late,â pause. Ask yourself: âAm I trading with a plan, or just reacting to hype?â Most times, the best move is to wait for the chart to cool off and show a healthy entry signal.
So next time you see a big green candle, donât let FOMO grab the wheel. Stay calm, stick to your strategy, and trade smartânot fast đȘ.
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