Quote from: Viscore on September 03, 2023, 09:33:47 PM

Quote from: MarathonA on August 31, 2023, 01:49:39 PM

Hey all, I am new here: I've been reading a lot, and not posting much at first. You have a great place to learn at BCT. When trading crypto do you expect better, from yourself, but then impulsively jump into things due to FOMO? Has anyone reading this ever found a cure? How do you permanently change and naturally be patient? Thanks all.

After i have made some several winnings in my first trades, I think I was better and then all of sudden decide to ride the FOMO and everything fall apart. That’s when I realized that FOMO is just another trap in the market that we should avoid. Otherwise, we will always miss opportunities and never get to success. If you don’t have the knowledge and wisdom when trading, probably you will end up riding the FOMO all the time.

You’re right indeed. Trading requires consistent focus and deep determination to be successful and reach your goal. So if you suddenly change your direction and decide to ride in FOMO instead, it will only ruin your attention and eventually mess up with your trades. At the end of the day, you will realize that your trades are no longer working according to your plan. FUDs and FOMO are among the factors that we should learn to avoid. Otherwise, success will only remain as a dream.