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Author Topic: FOMO In Crypto; How to identify It  (Read 853 times)
Idrix1
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July 06, 2020, 10:46:38 PM
 #101


As you can see FOMO traders prefer to pursue the crowd rarther than sitting down and doing their own personal analysis of how far the coin can go.

You really nailed it, FOMO is one thing that keeps flying around in virtually every investment option especially volatile ones such as crypto investment where there's probably for a quick price swing. Often atimes, FOMO dosen't go well and everyone must try to avoid it because making due diligence about trades contributes greatly to profitable investment
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July 06, 2020, 10:56:56 PM
 #102


As you can see FOMO traders prefer to pursue the crowd rarther than sitting down and doing their own personal analysis of how far the coin can go.

You really nailed it, FOMO is one thing that keeps flying around in virtually every investment option especially volatile ones such as crypto investment where there's probably for a quick price swing. Often atimes, FOMO dosen't go well and everyone must try to avoid it because making due diligence about trades contributes greatly to profitable investment
This is would like to emphasize how risky thing is a crypto investment. We have that volatility and it makes a reason why FOMO gets started because we all not have of the same mindset, things to accept that many crypto holders and investment are in weak hands, doubtful individuals that in every change of market trend they minds will also change.

We can't certainly avoid FOMO and pass through it because we like it or not, people will still get hit on that. Maybe I or even you, we all that possibility especially we don't know what it happens next and that changes are also inevitable.



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July 06, 2020, 11:26:40 PM
 #103

We can't certainly avoid FOMO and pass through it because we like it or not, people will still get hit on that. Maybe I or even you, we all that possibility especially we don't know what it happens next and that changes are also inevitable.

I agree,  FOMO is one thing that can hardly be avoided in this space no matter how careful you might seems too be because if you are too cautious of FOMO amd you can't all ties with it, you'll definitely miss out on great market opportunity such as hypes and dumps. One can avoid both FOMO and emotions for so much but frankly speaking, those to contributes greatly to profitable trading as tgey help keep one in chect and alert on the market trands

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July 06, 2020, 11:37:21 PM
 #104

We can't certainly avoid FOMO and pass through it because we like it or not, people will still get hit on that. Maybe I or even you, we all that possibility especially we don't know what it happens next and that changes are also inevitable.

I agree,  FOMO is one thing that can hardly be avoided in this space no matter how careful you might seems too be because if you are too cautious of FOMO amd you can't all ties with it, you'll definitely miss out on great market opportunity such as hypes and dumps. One can avoid both FOMO and emotions for so much but frankly speaking, those to contributes greatly to profitable trading as tgey help keep one in chect and alert on the market trands

you can avoid fomo because you are the one that control yourself and not others not unless you are the one that creates the fomo or the master mind . i never join the fomo my self but i just watch them , i only move on my own and never regreted anything .   fomo is bad because its simillar as manipulation , you will only help the master mind of the fomo to do what he wanted to do  . its like we are a slave to them , you guys want that to happen ?
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July 07, 2020, 04:49:26 AM
 #105

you can avoid fomo because you are the one that control yourself and not others not unless you are the one that creates the fomo or the master mind . i never join the fomo my self but i just watch them , i only move on my own and never regreted anything .   fomo is bad because its simillar as manipulation , you will only help the master mind of the fomo to do what he wanted to do  . its like we are a slave to them , you guys want that to happen ?
It takes a wo/man years of experience to be able to do this and then stick to it because the FOMO wind is a strong one. Otherwise you would be caught in it through reflexes. However, we can always look on the bright and positive side to FOMO (that's what I do), it's not that always bad to follow the tide. Just don't be caught in the web. Go in early and then run when others continue to scream "buy more, buy more"

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