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.
Jumping into FOMO is normal especially for newbies in the market because of greed, so all they want is to make a step ahead as long as they see any opportunity in the market. Not realizing that jumping into FOMO is like riding a hype or fud, you will profit at first but turn into losses in the end. However, know that every trader in the market has decided to FOMO at first until they learn their first lesson and decide to avoid it for good.
even veteran traders also sometime can't avoid getting lured into FOMO, sometime its just too tempting like you see some people are making instant profit of thousand of dollars with mere investment of measly few bucks will you not tempted by that fact that the ones that make profit could very well be you?
thats the thing with FOMO, everyone could get lured by it, it just depends on how prospective the FOMO seemed to be.
so if someone fall into FOMO i don't really blame them, after all they might be looking for opportunity and they thing they have made best decision and logical decesion at that, yet turns out that was massive disappointment.