To be honest, my most expensive lesson in crypto is not a bad token and not a failed deal.
This is FOMO.
I remember a moment a few years ago. The coin was literally growing before my eyes — +20%, then +40%, and then everyone started writing about the 'beginning of a big rise'. The chats were buzzing, the chart was shooting up, and only one thought was spinning in my head:
"If I don't buy now — I will regret it later."
I understood perfectly that entering at such a rise is a bad idea. But the market knows how to play on emotions. When everyone around is talking about x's, and the price continues to rise, a strange feeling arises, as if the train is leaving right in front of your nose.
In the end, I bought.
Of course, almost at the very top.
And the most frustrating thing is not even that the price fell afterwards. This is crypto — such things happen.
The most unpleasant thing is the realization that the decision was made not with the head, but with emotions.
Over time, I noticed one pattern:
the louder they discuss "x's" in crypto chats, the closer the market is to a reversal.
FOMO is a very tricky thing.
He makes you believe that opportunities only come once.
But the market works quite differently.
In a month, a new token appears.
In six months — a new trend.
In a year — a new cycle.
Right now, I am trying to remind myself of one simple thought:
if I feel a strong urge to urgently buy an asset — most likely, I actually don't need to buy it.