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?
Yes I often invest in some coins which were rising much faster and higher on bittrex and in that coins I also gain a high level but for the gaining of more higher I lost a good opportunity and the price started to decrease and I lost a good amount in that trap.