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.
This is a process and like any skill it is learned over time, if you are jumping into the market out of FOMO this means that you are not really confident on your skills as a trader, as you are letting the market to influence you very easily, and the best way to counter this tendency is very simple, you need to improve your skills as a trader, as such you need to read as much as you can about trading, paper trade the markets and refine your strategy, and if you do this for long enough then you will eventually lose the desire to jump on the first coin pumping you see.
such attitude can be found mostly in newcomers in this market. as they have the notion that they can easily get profits from this market, being impatient is one of their mistakes here. but throughout the years, as you gain more experience, you will have more insights on what to do and not what to do in this market.