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Definitely yes! Some of the investors are easily exhausted. They do not have enough patience to stay in cryptocurrency. They leave when bitcoin as well as the market goes down. They say that BTC is expensive but when they pulled by FOMO, they buy bitcoin even it goes up 100 percent.
Thats pure b.s , why would you buy crypto coins when the value is expensive ? But fomo is not bad as long as you do fomo when thr value of the cryptos are decreasing . Crypto business such as trading or investing is not for emotional people because the price is confusing and this makes you frustrated if you dont control your emotions .
It's frustrating when you forget about emotional controls, if you start this business without any good discipline with your emotions
it will only brings you to lose your money, fomo's can be ride in if you have good attitude if you can buy then sell right away while
you still in profits.