Introduction:
The cryptocurrency market is a thrilling space with the potential for significant gains, but it's also notorious for its extreme fluctuation. As beginners, it's easy to fall victim to the Fear of Missing Out (FOMO) phenomenon, making hurry decisions and emotional decisions that can lead to financial losses which is guess not good at all.
Indeed, FOMO is something that can really trigger someone, especially newbies, to do things in a hurry, even because they are so afraid of being late, they don't even study in advance what they are going to do. So, maybe not all, but many follow it blindly, without any knowledge or preparation. So the results will actually be dangerous for yourself. Like when investing too, when they are FOO on the hype of a project that they don't even understand, they just follow along, then they probably won't know how the project will continue, how to take profits and so on. As a result, the danger of this FOMO will actually create they more easily experience major losses. This will definitely happen without good knowledge and preparation.