Post
Topic
Board Altcoin Discussion
Re: Resist all temptation to fomo
by
Chuky92
on 10/03/2020, 19:41:31 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

Anyone who can adequately overcome Fomo has succeeded in learning the important basics of the crypto space. Fomo dealt with many traders who later learnt and also, it is still dealing with a good number of traders till today, it is something that should be avoided at all times no matter how tempting it is to enter that trade or market. Also, you made a good point about altcoins, when the market booms some dead altcoins will show little sign, but it is just to get to investors etc hence the reason why no matter how good the altcoin might look during that time, make your research properly.