Why do we often suffer from FOMO (fear of missing out)?

This psychology causes us to make wrong decisions when trading coins.

First is the crowd mentality that affects us. When on forums and groups we are making the same decision to buy or sell, this makes us afraid that if we don't follow the crowd we will be at a disadvantage.

Next comes from our own habits, emotions and thinking. When we regularly come into contact with a certain coin, it makes us familiar, trusting and loving it. This makes us make biased decisions or vice versa, we hate a certain coin and will abandon it if it has a bit of a negative trend.

Finally, there is our greed, which makes every warning seem small. Greed makes us lose our reason and makes our decisions disastrous.

In conclusion, to avoid being affected by FOMO psychology, we must be experienced, rational and emotionally mature enough. Only then will we be confident enough to make accurate decisions in Crypto investment.

Good luck!

#fomo