FEAR OF Missing Profits

Chasing FOMO (Fear of Missing Out):

Fear of Missing Out (FOMO) is a powerful emotional driver that compels many newbies to make impulsive investment decisions. Witnessing a cryptocurrency's sudden price surge or catching wind of media frenzy, they rush to invest without conducting proper research. This can lead to buying assets at their peak, only to witness a sharp decline in value shortly afterward.

To avoid FOMO, newcomers must adopt a disciplined approach to investing. Prioritizing thorough research on a cryptocurrency's fundamentals, underlying technology, use cases, and long-term growth potential is crucial. This approach empowers them to make informed decisions based on a deeper understanding of the asset's true value..

The more you understand what what you are putting your money in the better