$SOL You see how the asset sharply rises. Panic: 'I’m late! I need to buy urgently!'. This is FOMO (Fear Of Missing Out) — the fear of missing out on profit.
Why is this dangerous?
You are buying not based on analysis, but on emotion, most often at the very peak, after which a correction follows. You are left with a loss.
Trader's mantra: The market always provides new opportunities. The best position is the one you didn't enter, rather than the one you entered without a plan.
Did you miss the movement? Take a step back and wait for your entry point according to the strategy.
XRPUSDT
Perp
1.912
-0.45%
SOLUSDT
Perp
125.28
-0.44%