The fear of missing out (FOMO) can be a powerful emotion, especially in the world of rising prices, enthusiastic profit-sharing, and surging cryptocurrencies. It's easy to feel like you're being left behind, but acting out of FOMO can lead to significant mistakes.
It's crucial to prioritize protecting your capital over chasing quick profits. Losing your capital can make it incredibly challenging to recover and continue making money in the future.
When faced with the choice between "missing the train" and "losing your money," remember that there will always be opportunities, but once your capital is gone, the game is over. It's essential to make informed and strategic decisions to safeguard your financial stability in the long run. 🥲