Post
Topic
Board Altcoin Discussion
Re: Resist all temptation to fomo
by
Kemarit
on 20/02/2020, 23:22:13 UTC
Im sure we are all aware what fomo means.

Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously

Do a proper root research before getting into altcoins, resist all temptation to fomo.

Because when btc moons, the dead alts can rise momentarily only

NB, FOMO is not a good feeling during the bulls

Well FOMO is part of the trading journey I must say, but to totally resist it, one must to go the experience first and see it first hand and get a feel on how it is to be trapped inside because of your emotions and the only way to get out is to suffer a loss.

We all preach this in the community years ago, and yet people still fall for the trick, maybe they are greedy or haven't had the experience yet. But as sure as we become battle tested here and being mature enough to use our logical brains to make decisions, there could be people who are going to fall for it specially beginners.