Break the FOMO
In Simple Terms:
• You see a coin going up quickly.
• Everyone is talking about it on Twitter, TikTok, or Telegram.
• You feel like “If I don’t buy now, I’ll miss out on making money.”
• So, you jump in without a plan, without research, and often at a high price.
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Why FOMO Is Dangerous in Crypto:
• You may buy at the peak, just before a big dump.
• You ignore logic and risk management.
• You might panic-sell at a loss when prices drop again.
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How to Avoid FOMO:
1. Have a plan – Know what coins you buy, why, and at what price.
2. Stick to your strategy – Don’t chase pumps.
3. Zoom out – Crypto moves in cycles. There will always be another opportunity.
4. Use DCA – Buy consistently so you don’t have to time the top or bottom.
5. Mute the hype – Don’t make decisions based on social media hype.