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??
Fomo is actually bad. Good traders or investors don't do that because they know how to control their emotions. When I started out newly as a trader, I chased green candles in ripples, Xrp thinking it will head to 10usd but I ended up buying the top at 3$