Post
Topic
Board Altcoin Discussion
Re: FOMO is not good at all times!
by
fortunecrypto
on 12/07/2019, 02:47:48 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??

They are connivance on this maybe you are not part of a group where they are going to pump certain coins to make their group profitable when they hit a dump on that coin, short term trading has a lot of risks attached to it, and you should not rely on FOMO to buy coins.