Say no to FOMO
Do not FOMO into crypto. This is the rule that prevents you from becoming a bag holder.
ChatGPT suggested that FOMO is:
FOMO stands for "Fear Of Missing Out." It refers to the social anxiety or feeling of regret over the potential missed opportunities, experiences or social events that others are enjoying or participating in.
You will see every social media platform where people shilled their crypto portfolios and told you how you missed the train.
This is not true.
Remember, there is never missing out of the train in the crypto because it is inefficient to sustain at the peak level for a longer time.
Rather, it will go down every time without problems.
You should do your research carefully and exam around the market sentiment.
When everyone says you are missing out, it is a time that the market is about its peak and hype.
You need to stay away from the social media and observe to see how the market performs.
When everyone says the crypto is not more extended work, you should prepare to see how it may prepare itself to come back.
It is not always the case, but it usually works this way.
Do not influence by the social media shiller but trust your research!
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