What is FOMO In Crypto? Meaning
Fomo simply means FEAR OF MISSING OUT – This is what novice investors do when they see
HUGE run ups in the market. STAY AWAY from FOMO in crypto! Meaning Fomo is define as the sentiment that occur when Newby cryptocurrency investor see the market pump up, but there is one thing that all investors should know about cryptocurrency market is WHEN YOU CHASE GREEN CANDLE YOU WILL GET HIT BY RED DILDO [RED CANDLE].
WHEN YOU CHASE GREEN CANDLE YOU WILL GET HIT BY RED DILDO [RED CANDLE].
How do you avoid FOMO in Cryptocurrency World?
As cryptocurrency investor, you should know that all digital assets are volatile, meaning, always do research before FOMO, also see what utility or value behind the project, by learning what solution a project or digital asset you trying to invest solve in digital world.
Other way to avoid FOMO in cryptocurrency world, always invest the money that you can afford to lose, by dollar cost averaging during the bear market and dollar cost averaging out during bull market.
How to deal with fomo crypto reddit,
the best way to deal with fomo during a bear market, is do not listen to no body, meaning do your research on every asset and see the utility behind the project, go to the asset website, or white paper, talk to the project team and other entrepreneur investing in the asset. to do so, investor must go to well-known digital asset call, coinmarketcap, once there check cryptocurrency menu
after clicking on Cryptocurrency, you will see a new window drop down, click on ranking, a list of all digital asset will show up, then click on any project you interest to invest in, and you will have all the information relating to the project.
How do you stop FOMO in Crypto
The best way for Cryptocurrency Investor to stop fomo in the market, is by been smart money, I know u may ask what smart money means, smart money is investor that buy crypto in cheap prices, buy the dip regales of FEAR OR GREAD of another investor. and hold it for long run, because the OG investor know that Cryptocurrency are long Termes investment not quick money. If you not doing trading.
second way for investor to avoid fomo in crypto, is by having well balance portfolio
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