It was a Friday evening. Everyone on social media was only talking about one token. The chart was climbing in a steep, vertical line. Screenshots of three-digit gains scrolled before my eyes.
A voice in my head kept repeating: « If you don’t buy now, you’re going to miss the train of your life. »
I gave in. I clicked « Buy » at exactly the moment when the euphoria was at its peak. I went in at the highest point, blinded by the fear of missing out.
A few hours later, the trap snapped shut. The chart reversed. In a matter of minutes, I watched a good part of my position evaporate. Panic replaced euphoria.
That day, I understood three fundamental rules that transformed the way I invest:
When an asset is on the front page of all social networks, it’s often already too late.
Buying on FOMO (Fear Of Missing Out) is a guarantee of providing liquidity to disciplined investors.
A missed opportunity doesn’t lose you money. A bad trade, if.
Today, when I see a chart explode without me, I stay calm and wait for the strategy. The market offers opportunities every day to those who know how to be patient.
Tell me in the comments: what was your worst purchase under the spell of FOMO?
Hit like ❤️ if this story reminds you of your own beginnings!