Overcoming Crypto Generated FOMO. My Opinion.
Every investors who enters the cryptocurrency market has high expectations of making it big in life and achieving financial freedom. However, this positive mindset can lead to FOMO (fear of missing out). Some experts claim that crypto is comparable to where the internet was in the late 1990s where most people don't use it quite well not until now where it has spread so rapidly within a short time, this could also happen to crypto because not many people are in it right now and that it might be a once-in-a-lifetime opportunity. So it means if you don't have enough right now you probably won't have it later because by then so many people would have been awake.
So during bull markets, FOMO can lead investors to pour irresponsible amounts of money into the market while it is pumping, causing them to invest more than they should have into an asset that has reached its local top. It might be difficult to control your emotions, but nevertheless all you have to do is to set things done during the bear market so you be fully prepared for the bull season. Sourcelink🔗
How where you able to overcome yours?.
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