It is very important to avoid FOMO during cryptocurrency trading

[Shaza Ahmad 1682]

Some traders try to avoid FOMO and others are looking for it, it depends on the strategy of each trader, because FOMO is very useful in scalping, and it is advised to stay away from FOMO when wanting to invest for a long time.

[Smallingcane012 344]

It is very important to avoid fomo during crypto currency in order to avoid unnecessary skills or unnecessary altitude throughout your work.

[Beryymark 126]

Yes Fear of missing out is very important though there is a saying that says NO RISK NO GAIN we have to risk things in other to gain more but when risking we have to apply our sense Not all risk leads to gain.

[Abdulrahman3 1252]

Simply put, everyone who fears losing their capital should not go into the field of cryptocurrencies altogether, this place is not reserved for the faint of heart, here the currency rises ten times and falls ten times within an hour, and this is not suitable for those who fear loss.

[Malikjnb 1235]

On 4/23/2020 at 8:40 PM, BarryHoward said:

It is very important to avoid FOMO during cryptocurrency trading

 

In the past four hours, the Bitcoin price increased by about 10% , but a lot of traders started trading Bitcoin without thinking, just because of the "Fear Of Missing Out (FOMO)" 

 

If you are one of those traders I advise you to manage your risk carefully and to create a good trading plan to protect you from entering trades at the wrong time. 

 

If you have another useful tip which will help cryptocurrency traders to avoid FOMO, then feel free to mention it in the comments.

I think you are right. It is very important to avoid fear of missing out  during 5he trading. Because trading is very risky. It is necessary you create a trading perfect plan and manage your risk carefully. If you have knowledge about crypto currency then you feel free of FOMO 

[Hasnain Afzal 102]

Controlling the emotions is a best thing to get success in crypto becouse in emotions we choose wrong way and after sometime we get loss .And i cannot know about FOMO and thanks for giving me information about FOMO and i think this is the best site for get help .but it is risky we can loss our money in some time .

[tienda 8776]

I think the most important in trading, is controlling our emotion. It will not serve learning a lot about trading and getting a lot of knowledge, if at the moment when we decide about our decision, we will enter in panic or stress! This is not good for a trader, is good learning about trading, but also is good knowing and controlling your self.

[Pereira 2303]

I really did not know anything about FOMO, but thanks to this publication he made me aware that it is a mistake that we beginners in the trade make. Thank you, friend, for helping me understand that I do not have to be influenced by the "FOMO", as it brings a lot of risk when operating a cryptocurrency.

[teebasas 3018]

You should not deviate from your current plan or strategy, be satisfied with the profit you want to make, and not be greedy, nor should you be afraid of price fluctuations.

[Alan Johns 258]

You are true FOMO can hit us badly so Don't just follow what others are doing in crypto trading as it is not the way to do it and can cost you badly. Do your own research and analysis and then take a decision about the trade. Good Luck.