FOMO This word has a great impact in the field of trading and means the fear of missing the opportunity. As soon as a currency explodes, people rush to it, which forms a strong bullish candle or successive bullish candles. This sudden strong rise is often followed by a very sharp decline. Most traders fall into this trap as a result of haste and the sharp decline. This is the result of long-term investors selling this currency. You can imagine the size of the currency they own before its sudden explosion. They are lying in wait and are very patient and try to create a stir to attract investors in order to raise the value, which makes the victims confused after falling into the trap. Should they sell at a loss or wait for the currency to rise again? Some of them cannot be patient and sell at a loss. To avoid falling into this trap, you must have a good plan to manage your capital. The first is not to risk all of your capital and buy a specific section. The market is very volatile and gambling with all of your capital may lead you to a big loss. Since the goal of trading is profit, it is not important to make a lot of profit. What is important is to continue making profit, and this gives you a positive feeling of continuing to progress. What is important is for you to choose, either to be an investor who is one of the victims who fall into the trap or an investor who is lying in wait. The second requires long-term patience and is stronger and more likely, so always try to buy a portion of the low currencies because they will explode one day.