š FOMO Trading ā Fear That Fools You
Ever caught yourself buying a coin just because everyone else is? That gut-wrenching fear of missing outāFOMOācan push even the smartest traders into bad decisions. You see the price rising fast and panic-buy, only to watch it crash shortly after. It feels like you missed the golden train, but really, you just boarded it at the worst time. Remember, patience beats panic. Control your emotions, stick to your plan, and trade with a clear mind. Donāt let fear fool youātrade smart, trade steady.
š§Point-wise Mistake Breakdown:
1) Chasing pumps without research
2) Buying at peak prices driven by hype
3) Ignoring your trading plan or strategy
4) Reacting emotionally instead of logically
5) Holding onto losing positions out of fear or hope
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