Don’t fall into the FOMO trap—don’t buy after the market has already surged.
When you see a coin rise 20% or 30% in just a few hours, your mind starts convincing you that you’re late and that you’ll miss out if you don’t get in now. That’s exactly when many people fall into the FOMO trap.
Remember, the market won’t end today, and opportunities don’t come just once.
Personally, I’d rather miss part of a rally than buy after a price explosion and then find myself stuck in a sharp correction.
Don’t chase the green candle. Wait for the right price, and always keep some cash on hand, because the best opportunities often come when the excitement dies down and others start selling.
When you see a coin rise 20% or 30% in just a few hours, your mind starts convincing you that you’re late and that you’ll miss out if you don’t get in now. That’s exactly when many people fall into the FOMO trap.
Remember, the market won’t end today, and opportunities don’t come just once.
Personally, I’d rather miss part of a rally than buy after a price explosion and then find myself stuck in a sharp correction.
Don’t chase the green candle. Wait for the right price, and always keep some cash on hand, because the best opportunities often come when the excitement dies down and others start selling.
