💗💗💗 Corner for the majority's failure & for new investors
Why do we always FOMO with new Token Coins and end up with much pain?
There are many reasons why information about new coin tokens is often limited, including:
1. *Information not disclosed*: New projects often do not fully disclose information about their tokens, including information about technology, development team, and development plans.
2. *Information not updated*: Information about new coin tokens may not be updated regularly, making it difficult for investors to find accurate and current information.
3. *Lack of transparency*: Some projects may not provide transparent information about their tokens, making it difficult for investors to assess the actual value of the tokens.
Regarding investors FOMO (Fear of Missing Out) into newly released coins without caring about the actual value of those coins, there are many reasons, including:
1. *The allure of quick profits*: Many investors hope to earn quick profits from investing in new coins, without caring about the actual value of those coins.
2. *Lack of understanding*: Many investors do not have enough knowledge and understanding of the cryptocurrency market and the factors affecting the value of coins.
3. *The influence of crowd mentality*: Many investors may be influenced by crowd mentality; seeing many others invest in a new coin, they also want to participate to avoid missing the opportunity.
4. *Lack of patience*: Many investors do not have enough patience to wait and assess the actual value of the coin before investing.
To avoid FOMO and invest wisely, investors should:
1. *Research accurate and updated information*: Research information about new coins from reliable and updated sources.
2. *Assessing the actual value of the coin*: Assessing the actual value of a coin based on factors such as technology, development team, development plans, and market.
3. *Do not invest too much in one coin*: Do not invest too much in one coin to minimize risk.
4. *Patience and waiting*: Be patient and wait to assess the actual value of the coin before investing.