Post
Topic
Board Trading Discussion
Re: Do you expect better, but then impulsively jump into things due to FOMO?
by
jostorres
on 22/09/2023, 18:48:59 UTC
I've also had trouble following FOMO in the past. I am very slow in understanding things, in fact, I have to lose quite a lot until I can finally overcome the problems within myself.
I don't know the reason why I tend to get caught in mistakes that I have actually experienced. I have tried to be careful and tried to be consistent with planning, but to be honest, it all requires a process that is not instant.
it all depends on how they can control themselves.
We've all been through it, and there is no exception for anyone in this. Anyone who gets into something as a newbie will have to face difficulties initially and then they start learning everything with time and then they start realizing what mistakes they've been making throughout this time. I once lost about $2,000 just because of FOMO, I bought when everyone started selling and the token was dumped very badly and I was left with nothing but dust.

However, the problems and mistakes make us stronger as a person and as a trader as well. The money that we lose will teach us a listen that we will remember for the rest of our lives and that is more valuable than the money itself. We should strive to learn and grow and never give up.