If you don't speak the crypto lingo, you're making decisions without understanding what's happening around you.
Here's the essential glossary in 3 minutes.
FOMO — Fear Of Missing Out
The fear of missing an opportunity.
It's the emotion that drives you to buy when prices have already skyrocketed.
It's the signal that you're probably making a mistake.
FUD — Fear, Uncertainty and Doubt
Fear, uncertainty, and doubt.
Refers to negative information — true or false — that causes the market to panic.