Post
Topic
Board Altcoin Discussion
Re: FOMO is not good at all times!
by
dabenko
on 11/07/2019, 21:03:14 UTC
Im doing day trading in a big and very popular exchange. when im starting to trade in the particular token. the green candles is going crazy filling up and because i was not ready at that time i feel the FOMO thats why i buy too until my internet connection has a problem thats why its lagging. for a minute when i refresh it. the price was dump already and followed by red candlestick i was left a bag holder. since i have no choice i have to sell it at losing price. ive learned that FOMO was not good at all times. What are causes of this??
A lot of traders, most especially those who work in group go about shilling making FOMO about what they want to sell. Even team members of the coin in question also do that. It is left for someone who intends to invest in it, to know when to come in.