FOMO = fear of missing out. An important rule you can read online is that you should never buy cryptos when the price is pumping very hard, because after all pumps the price goes down and corrects.
Sounds really rational and a smart thing to do.
However, I have to admit although I gained experience in crypto and made some decent profits, sometimes it's really difficult to resist buying a coin when it's really hyped and price goes though the roof!
Do you guys experience the same thing?
Of course i was trapped twice,but that is when i am new to the market and it was the worst nightmare that i have faced of,i lose half of my investments but i managed to get it back thru investing to another altcoins.I have learned my lesson too hard which is why i am not going to make the same mistake.