🚨 How FOMO Led to My #XRP Loss – Here’s What I Learned! 🚨
Like many traders, I got caught in the $XRP FOMO and bought at an average price of $2.95 during the hype. Now, with XRP trading around $2.33, I’m sitting at a loss. Here’s what went wrong and how I’m fixing it!
✅ What FOMO Did to Me:
▫️Bought at the peak – Jumped in during XRP hype without a solid plan.
▫️Ignored market cycles – Price surges rarely last forever.
▫️Let emotions take over – XRP hype overshadowed logic.
✅ What I Should’ve Done Instead:
✅ Avoided chasing green candles – Every pump has a pullback.
✅ Used Dollar-Cost Averaging (DCA) – Buying in smaller amounts over time reduces risk.
✅ Waited for key support levels – Instead of buying at hype-driven highs.
👉 Why I’m Still Bullish on XRP:
🔹 XRP’s adoption is growing – Strong real-world utility.
🔹 Regulatory clarity is improving – Positive long-term outlook.
🔹 I’m using DCA now – Slowly accumulating at lower levels to balance my entry price.
💡 Lesson learned: Don’t let FOMO make your decisions! Stick to a plan, use DCA, and think long-term. Are you still holding $XRP or waiting for a better entry? Let’s discuss!