Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
The FOMO of holding an asset like that makes it hard people to become a strong holder and that's not necessarily a bad thing. even in some investment had FOMO it is a good thing. If you have decided to become a long-term holder, you need special confidence dan faith in what we invest in.
it is very true, what is needed after investing is a belief in the chosen asset.
many cases of losses experienced by investors because it is easy to panic when dealing with extreme moving markets.
all of that can happen because they don't make good plans at the beginning of their investment. and most importantly is the emotional and psychological mastery of the trader or investor.