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Author Topic: How to escape FUD and FOMO to peace of mind?  (Read 300 times)
X-ray
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September 18, 2018, 03:46:17 PM
 #21

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.
That guy must learn about how to invest the amount that you can afford to lose it due to the various reasons. Remember this is a bubble and crypto sensitive with any bad or good news about the crypto itself.
He can but the market can't, consider about market was always following the news and rumor.

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September 18, 2018, 03:53:36 PM
 #22

"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?

you know, there is no need for everyone to escape from fud and fomo, wherever you go in the crypto world you cant espace to that. the only thing you can do is to avoid it. dont easily believe to every information you hear, you must have proper investigation about the real situation of the market.

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September 18, 2018, 08:57:45 PM
 #23

You have to learn to control your emotions. If you do not learn how to do it, you will constantly lose your money.
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September 19, 2018, 11:34:45 PM
 #24

Don’t make trades based on your fear. However, if you predict that others will react to fear, calibrate your trading strategy accordingly. In summary, say no to FOMO, but consider the effects of FUD.
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September 20, 2018, 02:52:46 AM
 #25

"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 is easy to escape FUD and FOMO. Just remember this : Never buy a coin when the price is on the peak, and never sell a coin when the price on the bottom. If you do this, you will be avoid from FOMO or FUD. Although FOMO can make you profit, but it is not 100% guarantee the coin value will keep rising.

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September 20, 2018, 08:24:16 AM
 #26

"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?


In order to get over the sensation of FOMO/FUD and to avoid becoming beneficial bait and getting misused in market, you should follow some tips below:

1. To keep yourself consistent with what you’ve planed: if you’ve been identifying the point, let be patient to wait for the price in true time to get into command, don’t try to buy while it’s out of your plan.

2. To perceive that the market brings you many chances: market is such a place which provides you lots of chances for earning money, if you see that your coins got down on FOMO and raising a too big price, you’d better to be out of this place.

3. To cut losing in true time: if you was in FOMO and got exhausted, you shouldn’t be afraid of cutting losing, these will help you keep your capital and going on finding another opportunities.

4. You should remind yourself that benefit is not intended for all: benefits of this man will be the debt of anothers. While you jump in a coin which is getting FOMO, you’ve just ceded your successful chance for another.

5. Money from the one who are lack of patience, will send to the patient: to remind this will help you get away from FOMO & FUD impacts.

6. To determine your investing style: You are a day trader? a short-term investor? or a long-term investor ( holder)? If you do a day trader, you will get profit in any direction, including rising and falling market. Probably you can get benefit quickly. Though investing for long or short term, however, FOMO & FUD both bring you harmfulness as well.

7. To manage your capital efficiently: the way you devide your capital and administer your capital efficiently will help you minimize the drawbacks that FOMO & FUD have caused. In addition, if you have positive management, your benefits may get stable, and FOMO or FUD will not take any affect to your decision anymore.
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September 20, 2018, 08:31:21 AM
 #27

Research coin you want to invest into in advance. Knowledgeyou have as regard the coin in your portfolio will sustain you in the face of greatest FUD or FOMO. I have coin l am holding for some time now and I am not selling because ofthe market  or hearsay!
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September 20, 2018, 08:57:18 AM
 #28

"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?

You should makes some kind limitation for your self to not doing something that you already makes as a rules.
Once you able to follow your own rules without even having thought about breaking it, surely you'd be able to escape from FUD and FOMO.
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September 21, 2018, 04:16:59 AM
 #29

"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?

I think its a matter of believing and listening because if each one of us won't believe and listens to those FUDS that spreading over the cryptocurrency community it can never broke our trust on bitcoins and altcoins.These may cause depression if we wont believe on our instinct and trust on cryptos potential.
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September 21, 2018, 11:38:34 AM
 #30

"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?

Meditation helps, and more light and humorous attitude to what's going on. I know that for many people crypto is a life and death issue, but does it have to be this way? It's up to us. We need to lighten up and see it for what it is: a way to make money. One of.
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September 21, 2018, 02:59:27 PM
 #31

Research coin you want to invest into in advance. Knowledgeyou have as regard the coin in your portfolio will sustain you in the face of greatest FUD or FOMO. I have coin l am holding for some time now and I am not selling because ofthe market  or hearsay!
That's a healthy attitude. We should never operate on the hearsay. FOMO and FUD are inevitable if you're taking things too seriously and know little about the market. Expand your knowledge, stay positive and patient, and FOMO and FUD will disappear.
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