Quote from: Vaculin on Today at 10:44:27 PM

Quote from: fullhdpixel on June 28, 2021, 08:05:55 PM

Quote from: Ararbermas on June 27, 2021, 09:20:45 AM

Quote from: 1l1l11ll1l on June 19, 2021, 06:23:59 AM

Fomo is one of the power movers for traders and if you can't control this feeling, you will surely just get carried away.

definitely, so don't be emotional when you trade and always control your emotions because that's how every good traders can prevent making mistakes, especially when there's an event which can really shake the market, so bear in mind to don't ride the fomo and always think twice before making decisions.

It is relatively easy to avoid FOMO if you take some time and do research whether what's been said about a particular project is right or not. There was so much FOMO about Shiba Inu and out of nowhere, everyone was talking about it. I felt so excited and feared that I might be missing out on a potentially profitable coin but once I visited their website, no mention of their team, no ready to use product, and telegram group filled with people talking moon but without logic, I quickly realized that this is just hype created by supporters and admins.

It is actually hard to avoid being thrown away by FUD though because positive news can be avoided but when you hold a coin and negative vibes are coming about it from the social media and blogs, it is hard to contain yourself and hold.

News is very influential, it could really change your mind if you read and feel it seriously, that is why I skip them but have to focus on a thing that I can be more on the positive vibes. FUD and FOMO had surrounded us, but if we trust crypto and ourselves, it can't affect you for sure. It is a matter of how we respond to them if we know what we are doing and understand the nature of trading, FUD, and FOMO had made no sense. This is all about our mindset and we must have to control our emotions.

Even though they do really make some big effect but it cant really be just for you to skip those news and sentiments since this could neither be helpful or not on your own analysis and of course you would really
be needing to stood off on your own analysis rather than on following into someones calls which i dont see for it to be worth but you can somehow get some small details which you can make use of your own.
Doubts and anxiety is part of the process because of the behavior and being unpredictable of the market then its just normal to have these kind of emotions or impressions.
You should really make prepared on things like these where it do mainly involved with emotion.