š When NOT to Buy
Avoiding FOMO and Protecting Your Capital in Crypto Trading
By Adetola Awode
(Sammy DeBans)
Crypto is exciting.
Candles fly, charts pop, influencers shout:
š āBUY NOW OR MISS OUT!ā
But smart traders know something most donāt:
> Knowing when NOT to buy is just as important as knowing when to buy.
So letās talk about it ā the red flags, the danger zones, and the moments to pause.
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š„ 1. Right After a Massive Pump
If a coin just jumped 60% in 1 hour, thatās not your entry signal.
Thatās FOMO bait.
Why?
Because what pumps quickly often dumps just as fast. You might be buying someone elseās exit.
ā Wait for a pullback
ā Look for confirmation, not chaos
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š£ļø 2. When Everyone Is Screaming āBuyā on Social Media
If Twitter, Telegram, TikTok, and your Uber driver are all hyping one coin...
š It might be too late.
By the time it goes viral, early buyers are already thinking about selling to late buyers like you.
Donāt chase noise. Chase value.
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š 3. When the Market Is in Panic or Uncertainty
During major news crashes, hacks, or global economic turmoil, things get unpredictable.
Yes, these can create opportunities ā
But only for those who are cool-headed and strategic.
If you're emotional, unsure, or trying to āmake back lossesā...
š« Now is NOT the time to buy.
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š° 4. When You Donāt Have a Plan
Buying without a plan is gambling, not trading.
Before you hit that green button, ask:
Whatās my entry strategy?
Whereās my exit?
Whatās my risk tolerance?
Am I ready to lose this money?
If you donāt have answers, wait.
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š§ 5. When Youāre Emotionally Driven
This includes:
Boredom buys
āI just want to do somethingā buys
Revenge trades after a loss
Chasing someone elseās profits
If youāre not trading with a clear mind, youāre handing your money to the market.
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šÆ Final Words
> You donāt have to buy every dip. You donāt need to jump into every pump.
Sometimes the smartest move in crypto is to sit back, observe, and do nothing.
Because the best traders donāt just know what to trade ā they know when NOT to.
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