How to manage your FOMO (Fear of Missing Out) - Page 14 - For Beginners - CryptoTalk.Org Jump to content
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How to manage your FOMO (Fear of Missing Out)

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It is a very bad feeling to find currency prices suddenly dropping, and you feel a feeling of sadness and despair and that you have lost, but we should not feel that, as this is the state of the market and there are possibilities of loss and profit possibilities. Let us be more coherent and be affected by that.

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There are lots of new member which have fear of trading because they have no information about trading and they also didn't know how ti trade. I think they should not worry. They only do to collect information about trading and then try.

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Crypyo coins nature is prices fluctuats if the prices not goes up and downs, then how we earn profit so when any coins prices goes down then don't be panic and sell our coins its bad decision, because its gives loss so always thinks positive today prices down but tomorrow this coins prices pump up, so holding is the best solution.

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Certainly, I am against the idea of selling when the price drops. All of us rush to sell coins when he sees it declining for fear of losing its balance, but most of the time we see the currency decline and then rise again.

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Yes it is very necessary for someone to fear especially during trading why because we know that whenever you are trading and you see that the coin price is getting low then you have know option than to sell it because of the fear of not losing much value of the coin

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If you are a novice with no experience in the field of trading, you must restrain your impulses, avoid becoming arrogant, and do not expect to make a lot of money in a short period of time, so aim to trade with small sums because any unexpected change or drop in the price of these currencies will result in a large loss.

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In fact, mixing these feelings with work is very bad and will cause more losses, so I advise you to put your feelings aside during trading or investing and arbitration using your mind only.

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I agree with when we seen that our coin price is going down then we want to sale our coin. Because we think that we can lose our coin and can miss our prifit. But it good if we take time during sale our coin. Because when price is goin down then it would must go to high . So with some patient we can earn profit from our coin. So we can get benefits if we have knowledge how much price will go to high. So it good if we spend our time for learning about coin and get some suggestions to our senior then we can make right decisions. 

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Dear friend, welcome to you
I think that such panic situations are what leads to a massive collapse of currencies, and vice versa that the high demand for a currency raises its value high. I think that patience is the solution here and you plan before you make a decision to buy or sell
Good luck

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that was a doubt of all members here that taking risk of tradings so i suggest to be more careful and manage you fomo using getting more knowledge of what you want to trade or transact.. get a investments in small amounts to manage your fomo at your self.

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In trading, the first step you must take is to control your emotions. Feelings like panic about loss or greed will definitely lead you to loss. You should also gain experience before starting to trade, good luck 

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That's why we say Patience is a key to success in trading and the one who lacks this character of patience will struggle a lot in trading and will be on more risks of losing.

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These feelings cause fear and anxiety for many traders and lead them to lose a lot of money. In my personal opinion, I think that traders should control their feelings somewhat.

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This is so true, as a starter if experience such, fear of missing out must surely hold the person, but before any investment a prior knowledge/research on that particular business you're trading in, if that is done before the procurement of the currency, then you should relax as this businesses price is fluctuations you have to be bold and don't panic at this point some many newbie in the trading rush to sell off their stock and they will be surprised at the outcome when it's later turn out to increase tremendously, by that time it will mow be had I know.

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Fear is a very bad thing at work here and when buying and selling currencies, so we must always be patient and wait for the currency rates to return and rise.
As for the one who is afraid, he must not work in this field because his losses will be many.

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Yes lots of traders face this problem and end up taking bad decisions because of fear . We must not be panic in any situation because if we feel fear then our mind would be unable to handle that situation and we got into trouble.

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Many websites exist that describe how to track the stock market and forecast prices, as well as how to avoid the loss issues that many people fear. You are capable of completing the necessary preparation. You must have faith in your skill and understand that trading can be profitable or losing, so do not be concerned.

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FOMO , is something happens to each one of us when we see dramatical fall for currency that we invest with and that's FOMO will lead us to something called panic sell , the best way to fight back that FOMO is to control our fears of losing and become more convenience in our selves and try to be more patients , I believe this best way to control our FOMO .

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You should never fear . Because fear will never make you work or do any successful work in your life . You have to strive to stay away from fear in order not to get into the circle of loss . You can never do that . You can do it . We are all strong

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