FOMO is not excitement. It is a tax on impatience.
When a coin pumps 30% in an hour, your brain sees a door closing. You end up buying the top, not the value, and paying for someone else's exit.
Before you chase, ask three questions. Why is it moving, what changed besides price, and would I still buy it if it fell 20% tomorrow?
If you cannot answer all three, you are reacting, not investing.
Patient traders survive long enough to win slowly. I break down how the pros stay calm right here.
When a coin pumps 30% in an hour, your brain sees a door closing. You end up buying the top, not the value, and paying for someone else's exit.
Before you chase, ask three questions. Why is it moving, what changed besides price, and would I still buy it if it fell 20% tomorrow?
If you cannot answer all three, you are reacting, not investing.
Patient traders survive long enough to win slowly. I break down how the pros stay calm right here.