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Author Topic: How to escape FUD and FOMO to peace of mind?  (Read 303 times)
MrThang (OP)
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September 18, 2018, 07:09:42 AM
 #1

"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
bhadz
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September 18, 2018, 07:11:12 AM
 #2

Why FOMO & FUD are Both causing danger?
It can lead you to skip the life changing opportunity of your life.
How to escape FUD and FOMO to peace of mind?
Don't listen too much with bad news and to have a peace of mind, create your own way of determining on where the market is going. Trust yourself if you have experience in this market and don't be so dependent to other people.

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September 18, 2018, 07:22:10 AM
 #3

The only way out is by not getting in and becoming a carrier ourselves. Stop reacting to and spreading info that you have not researched yourself.
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September 18, 2018, 07:24:50 AM
 #4

"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?

Stop caring about the news related to the prediction or the restriction by government which is the reason for our mind gets diverted and fall into FUD and FOMO but reacting to them also has advantage if you pick them at early stage you can make money throughout the selling and buying at the right time.

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Hanebel
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September 18, 2018, 07:32:13 AM
 #5

Stop reading? Lol
I know you don't want to loss your money. We're all here to gain profits. So, you have to think that FUD and FOMO could generally lead you to losses. That thinking alone is enough for me to control my emotions. I hope it does apply to you.
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September 18, 2018, 07:38:47 AM
 #6

"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?


To escape the FUD and FOMO is to spend less time in social media and bitcointalk.

reddit btcwriter1 - twitter kingpininvestor
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September 18, 2018, 07:39:02 AM
 #7

Probably the most terrible thing is to succumb to these feelings, they each have and to each they come unexpectedly, but all the same the best tactic is to invest and get the money that would not be large, that is, by little but often.
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September 18, 2018, 07:40:25 AM
 #8

How to escape FUD and FOMO to peace of mind?
mark the source and ignore it if it looks, you can also focus on your other work. do other activities or discuss crypto with your local community. this is the simple thing I often do to avoid it.
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September 18, 2018, 07:54:26 AM
Merited by durudara (1)
 #9

Fomo and fud is common in the world of trading, they used to be the cause of a lot of people suffered losses, why?
Here are a few reasons why Fomo Fud and dangerous:

Fomo Fud and dangerous because theye're encouraging traders to make a decision which is not objective because of the feeling of fear or doubt to miss when selling or buying and not paying attention to the techniques of analysis which should be important doing in time trading.

To escape the Fomo, things you should do are:
-Familiarize yourself to buy when prices are low.
-Not hooked by emotions/self control
-Analysis of Engineering Master
-Continue to pay attention to update prices.

the most important is do not use 1 or 2 tools to ensure price
To daytrade preferably in check per hour, gave to take profit as soon as possible.

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September 18, 2018, 08:00:36 AM
 #10

You can't scape FUD or FOMO. The best thing to do is shut the door to these people whenever you sense there is FUD in you are reading or FOMO. Avoid and stop following people or followers with negative attitude towards cryptocurrency world. They are only infuencing others who are ignorant of what is the real happening in digital currency and blockchain world.
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September 18, 2018, 08:04:54 AM
 #11

I think you need to constantly read the news and try to analyze what has happened in the pasts when similar news surfaced.

For example news of a new market being open usually triggers FOMO and people start buying thus the price increases. This has happened multiple times over the years and you can capitalize on it.
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September 18, 2018, 08:35:03 AM
 #12

Fomo and fud is common in the world of trading, they used to be the cause of a lot of people suffered losses, why?
Here are a few reasons why Fomo Fud and dangerous:

Fomo Fud and dangerous because theye're encouraging traders to make a decision which is not objective because of the feeling of fear or doubt to miss when selling or buying and not paying attention to the techniques of analysis which should be important doing in time trading.

To escape the Fomo, things you should do are:
-Familiarize yourself to buy when prices are low.
-Not hooked by emotions/self control
-Analysis of Engineering Master
-Continue to pay attention to update prices.

the most important is do not use 1 or 2 tools to ensure price
To daytrade preferably in check per hour, gave to take profit as soon as possible.
Yes, we must truly understand the knowledge of trading so unaffected by the uptrend, in addition we can use the features of automatic order to make sure that we are entering the market with our desires.
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September 18, 2018, 08:37:52 AM
 #13

the way to avoid it all is to always believe in your heart and not be easily influenced by what is happening, because those who spread the FUD just want to benefit from people who are easily affected. and most importantly, stay patient in dealing with all the situations that exist, especially for people who have just joined the crypto world



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September 18, 2018, 09:12:57 AM
 #14

"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?


If you want to escape FUD,do not read any articles that always giving negative feedback about Cryptocurrency because you will only lose your peace of mind if you read it,what you need to do is to be positive all time and patience so that you can make a right decision.


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September 18, 2018, 09:18:16 AM
 #15

both of these things you are talking about (FOMO and FUD) only concern newbies who have no idea what they are doing in the altcoin market. we are talking about newbies who buy altcoins and then hold on to them tight  all through their downfalls do the ground and for example those who are  currently in a loss that is bigger than 50% and in some cases goes up to even 90%.

you can not do anything to change this type of mindset among newbies. they continue making the same mistakes forever as long as they have money and the rest of the market thanks them for it.

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September 18, 2018, 09:31:35 AM
 #16

"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?


It's part of the crypto-verse. FUD and FOMO are "necessities" in the the crypto market. Markets move alongside with these two.
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September 18, 2018, 09:38:53 AM
 #17

Fomo and fud can causing people to do panic sell, and its one of the strategy by the whales to get more profit, so in order to prevent fud or fomo, you need to find a reliable source of information, increase your knowledge about the market and sometimes it can be helpful to find and ask information from the forum, and if you already knew someone spread fud then you need to remind other users
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September 18, 2018, 09:59:18 AM
 #18

If you escape FOMO and FUD, you will lose your best opportunities to earn. But you need to control your emotions, actually, everyone in crypto has to do this.
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September 18, 2018, 10:06:17 AM
 #19

Want to get rid of FOMO and FUD can only rely on yourself, this is not someone else can help you, maybe only God and faith can help you, try not to pay too much attention to the market situation may also ease some.

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September 18, 2018, 02:20:33 PM
 #20

The cure for FUD, and how we react to it is training. Education, learning where to get the right facts, and researching your investments in a way that makes you shrug of the next billionaire who talks down on a coin you’re invested in.
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