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Author Topic: DID YOU EVER FALL INTO THE FOMO TRAP?  (Read 237 times)
Emilyearl
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May 10, 2018, 12:05:19 AM
 #41

I fell into FOMO not once when I first started out. What causes this is lack of orientation like a proper guide to crypto. When I was new, I felt everything that's up keeps being up little did I know most are pumps and when chased, one falls a thousand times.
gawuk
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May 10, 2018, 04:28:39 AM
 #42

Some people who bought in january may experience this situation. Maybe you are experienced for a long time and recognize if there are any abnormal fluctuations. But for many new people who come in, may not be aware of the situation except to see a very good opportunity to make a profit.
BTCwin1
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May 10, 2018, 04:33:19 AM
 #43

Indeed, many altcoins are now overhyped.
Most tokens have no value, so I don't like any tokens. , Angry Angry

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Orang Tua
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May 10, 2018, 06:57:40 AM
 #44

Just like that, and it seems that desire that will make many people stuck in the game of speculators. But it may only happen to coins with a market cap that is still quite low.
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May 10, 2018, 07:22:31 AM
 #45

In some cases it is difficult to tell the difference, but if we are really careful we may be able to take advantage of the situation with short-term transactions.
jokowo
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May 10, 2018, 07:26:30 AM
 #46

I think pump & dump is something that is planned with greatly organized and many parties involved. So maybe with enough knowledge we can recognize and avoid these traps.
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May 10, 2018, 07:49:34 AM
 #47

That is a very plausible thought. The problem is that some coins actually dart when we think it's a trap pump, and I think it takes knowledge and experience to distinguish between them.
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