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??
The cause is FOMO, if you buy before the pump occurs, of course you will win. Learning here is not to be a FOMO, even though the loss occurs on your internet connection but at least you won't repeat the same mistakes. All right, you can still buy when the pump has just started, but try not to buy when the pump has taken place and the candle has green high, because it is very risky.