FOMO, or Fear of Missing Out, is a dangerous trap in crypto trading. It drives traders to chase hype and buy coins at inflated prices, often just before a sharp correction. Social media and influencers amplify this herd mentality, making it harder to resist. The result is regret, stress, and financial loss. The antidote to FOMO is discipline: learn before trading, set clear strategies, define risk limits, and ignore hype. Patience protects capital, impulse destroys it.
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#BuyTheDipOrWaitNow? $GT The FOMO Trap in Crypto (500 characters)
FOMO, or Fear of Missing Out, is a dangerous trap in crypto trading. It drives traders to chase hype and buy coins at inflated prices, often just before a sharp correction. Social media and influencers amplify this herd mentality, making it harder to resist. The result is regret, stress, and financial loss. The antidote to FOMO is discipline: learn before trading, set clear strategies, define risk limits, and ignore hype. Patience protects capital, impulse destroys it.