I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
It's in our nature to get in where the crowds are going we don't want to miss the next big thing that is why developers are hiring shills and creating fake pumps because people are always checking for FOMO, but there's a lot of risks participating in FOMO because so many FOMO's are fake and you have to do diligent research if the FOMO is just a result of shills