MASSIVE PUMPS: One Costly Mistake You Must Avoid This Season
In crypto trading, there are some mistakes you don't want to make, which can send you back to square one in your trading career.
Fear of missing out (FOMO) is one of them. This is a situation where a crypto trader jumps into a trade (coin) because he or she doesn't want to miss out on the opportunity. It's often done without considering the risk involved.
For example, yesterday, after U.S. Court vindicated XRP, when I saw the news and logged in to my Binance account, XRP had already done 70% appreciation. Immediately, I knew that rushing into this coin was a bad idea.
I avoided the urge to jump into this trade, and currently it has retraced to the point where I can start DCA.
Don't turn FOMO into a coin for any reason.
NB: Always do your research.
