How to Avoid FUD & FOMO in Crypto?

[Suba]

In the crypto world, FUD and FOMO can often change the behavior and emotions of investors (especially novice crypto investors) so that they take actions that are detrimental to themselves. FUD is often associated with bad news that occurs in the crypto market, so that traders and investors panic and they often sell the crypto they store, for fear that the price of the crypto will continue to decline, the spread of the FUD phenomenon often benefits whales to be able to buy crypto at a low price. While FOMO is often related to news of fear of missing a golden opportunity to make big profits so that investors flock to buy a targeted crypto, so that the price of the crypto increases drastically, FOMO is also one of the whales' strategies to do pump and dump, so how to avoid FUD & FOMO in crypto?, Please comment according to your conscience?

 

[riberet19]

I think staying on top of fundamentals and industry developments is a very effective way to avoid FUD and FOMO, especially. You also need to have a goal and not get carried away by greed.

 

[arunima25]

Any pump and dump strategies plays with the emotions of the investors. One have to practice self control, keep updating himself with the current market, take informed decisions to avoid falling trap to FUD and FOMO.

 

[monster_masterpiece]

You need to take risk to win big not stay limited to traditional earning methods.