🔥🔥$TRUMP

We see another strong increase in the price of TRUMPUSDT (+60.31%), it's a perfect time to talk about FOMO (Fear Of Missing Out)

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Remember to trade with discipline!!

What is FOMO? 🧐🤔😨😟

FOMO, or the fear of missing out, is a psychological feeling we experience when we perceive that others are enjoying an experience or making profits from which we are excluded.

In the context of cryptocurrencies, especially with assets that experience rapid and significant increases like the one we see in the chart of #TRUMP , FOMO manifests as the fear of missing the opportunity to make quick and easy profits.

In the chart, the strong green candle driven by considerable volume suggests a sudden increase in demand. Many investors, seeing this rise, may feel the urgency to buy so as not to "miss out" on potential future gains. This emotional impulse is precisely FOMO in action.

How does FOMO manifest in cryptocurrency trading?

✅Impulsive buying: 💵💵🤑🤑 Seeing a price rise quickly can lead to buying without proper analysis, simply out of fear that it will continue to rise without stopping.

✅Ignoring strategy: FOMO can cause you to abandon your pre-established trading plan and make decisions based on the emotion of the moment.

✅Investing more than you can afford to lose: The sense of urgency not to miss the "opportunity" can lead to risking capital you need for other things.

✅Chasing "pumps" (pump and dumps): FOMO can make you enter projects that have already experienced massive increases and are at risk of a sudden correction.