Greed and emotion have a great negative impact on trading, and panic trading will inevitably bring economic losses.
When trading is affected by market sentiment, it is easy to blindly buy and sell, which will bring more risks and losses. To learn more encryption knowledge and analyze market trends to formulate appropriate strategies before trading, which can minimize risk losses.
Greed is undoubtedly one of the feelings that you can have at any time, the important thing about these feelings is not to get carried away to make business decisions.
One of the most famous operators of the years 1800-1900, called Jesse Livermore, he recommended not to see the news at the time of doing the analyzes, in retrospect it is similar to our times, because social networks, news are the order of the day , and many people operate based on the news and emotions expressed, either by influencers and others such as what they call the FOMO, that is why emotions in trading are not recommended to be operated by emotions or other than effects news or influencers as it becomes a high risk trade.
In this recent article, they speak highly of the FOMO:
El Salvador’s Bitcoin adoption may transform remittances in Central America Source:
https://cointelegraph.com/news/el-salvador-s-bitcoin-adoption-may-transform-remittance-in-central-america