Are You Trading with FOMO?

A large number of investors and traders suffer from FOMO – Fear of Missing Out. This is the urge to buy an asset just because its price is going up, fearing that if you don’t act now, you’ll miss out on huge gains.

Let’s look at it this way:

Imagine going to a market and finding your favorite pair of jeans for $10. You feel it’s slightly overpriced and decide not to buy it. The next day, you see the same jeans priced at $20. Now, do you assume that the price will rise to $30 soon, and rush to buy it? Or do you wait for the price to come back closer to $10?

The same logic can be applied to crypto. Just because a token is pumping doesn’t mean it’s the right time to jump in. Instead of chasing prices, analyze the project, understand its fundamentals, and estimate a fair future value.

Smart investing means staying calm, not emotional. Don’t let FOMO trade your money—let logic do it.