How do you experience FOMO? - page 2.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: ash_waz on July 01, 2018, 07:24:19 AM

Hi everyone,

We all been there and still do it but everyone does things differently Cool

. That is when I was in my FOMO mentality I was sleepless and agitated. How did you experience it? So curious to know Grin

Well, I think we all have experimented something like FOMO but the most important thing is to never fall victim of this, when we were at the beginning of December of 2017 I was very nervous and like most people regretting not investing more in bitcoin when I had the chance, but fortunately since I knew what was FOMO I understood that investing at that moment would be a mistake and that saved me.

fastrabbit

member

Activity: 216

Merit: 16

After reading this I am definitely also going for the long term hold strategy Wink

(and sometimes a bit of trading in between^^.thanks for this post Shocked

Catswold

sr. member

Activity: 518

Merit: 251

i have bought some shit coins and scam ico because of fomo. never again.I think it's a major problem was at that days as a newbies I'm afraid.

tavuhoaison96

copper member

Activity: 47

Merit: 0

Stake-Primedice

I couldnt forget about the first ime fomo =)) lost 60% of my balance. When you are new trader, dont try to get into any groups pump coin. All these are scam groups. They already bought before and tell us buy at right time then they will sell at the top. And you buy it then you lost .

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

I loss alot money and profit because FOMO, this emotion is hard to control, this is apart of greedy and should be we avoid it to make profit. From my this my experience , now i have plan to lock the profit whenever the price going up multiple times and try to avoid FOMO, loss alot of money is enough for me to understanding crypto market.

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

Quote from: Glydel1999 on August 17, 2018, 12:24:22 PM

FOMO is a situation where is you are afraid of losing something which I really experience when the market value is continuously decreasing and suffered from loss.

if I think FOMO is greed, this is dangerous because trade will not be controlled and controlled by emotions.
maybe a little different, but this is what I understand.

cryptowolfsu

member

Activity: 476

Merit: 10

Last year I bought BTC at $6k and later on at $ 8k before the hype started and had no Fiat to invest further so I missed
the FOMO. But in general I never invest in coins if they are rising 2-10 times in short period. My last investment in XRP
last year was at $0.5 before it went to $3.4 . Some of my friends were buying at $2-3 and I warned them on the risk
that it could crash later on.

s31joemhar

sr. member

Activity: 602

Merit: 258

To tell honestly there is no any moment in life that I become fomo because as a investor you should always prepare and bare with the risk that may occur anytime and anywhere,

Glydel1999

full member

Activity: 350

Merit: 100

FOMO is a situation where is you are afraid of losing something which I really experience when the market value is continuously decreasing and suffered from loss.

bezygly

member

Activity: 266

Merit: 10

Quote from: ash_waz on July 01, 2018, 07:24:19 AM

Hi everyone,

We all been there and still do it but everyone does things differently Cool

. That is when I was in my FOMO mentality I was sleepless and agitated. How did you experience it? So curious to know Grin

I can not avoid, I believe, everyone must experience these feelings, in order to gain experience and learn to recognize them. And this will happen all the time until you take all of this experience, and you will be able to go further. It is very difficult to resist this, especially when all media, forums, people who surround you, tell you, sell or buy!
There is such a rule, if you sit down to trade, you want to replenish your portfolio, sit down and just think, what are you experiencing now? What emotions?)
If they are, take your hands off it and go take a walk)))

thresher

hero member

Activity: 700

Merit: 500

I have been here long enough to not get really expressive on these kinds of ups and downs. These swings do not make me feel anything anymore, the last one has went down for a long time before going up again so it was a financial crisis for me for a while however it is a lot better now.
The FOMO is just something I see and get a bit happy about the day I will have. Like if I see a good movie came out or something like that, nothing major but not like finding a penny in your pocket neither.

victoryana

newbie

Activity: 154

Merit: 0

FOMO is a feeling when a certain coin is on the increase momentum in a short time other Trader will have a great deal of sales from the sale and this prompts you to buy that coin immediately to make a profit. This action is called FOMO.

fitty

hero member

Activity: 728

Merit: 501

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Quote from: ash_waz on July 01, 2018, 07:24:19 AM

Hi everyone,

We all been there and still do it but everyone does things differently Cool

. That is when I was in my FOMO mentality I was sleepless and agitated. How did you experience it? So curious to know Grin

Fomo is a feeling where you bought at high price or in a hype and thinks that it will go according to your will which is going higher. I don't feel sleepless instead, i am always watching the chart the whole day for its price to go up.and sell withoit a clue. That's a fomo you are in fear of missing out the opportunity but in the end the worst is you loss.

SlimShadyMmp

full member

Activity: 1470

Merit: 103

COMBO 2.0

I bought this new coin for around 0.5 and now is just shitcoin i think that have thought me some serious lesson along the way Now i keep calmn and watch slowly before i do any investment

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

Always. Just a little pump makes me jump and says to myself I might be lacking bitcoin before it pumps to the heavens.

It already happened so there is a chance it could always come back.
Problem is it just take days so you always got to be ready.
Panic sellers want profit so they will do it no matter what. Dumping the price of bitcoin.

BCSHonda

member

Activity: 392

Merit: 10

Quote from: trumper on July 27, 2018, 01:38:05 PM

I experienced that very badly in the past but now I am pretty away from day trading etc. as also I don't think it worths, hodling is good for those who think it is very bad.

It is very common for FOMO to start entering into the cryptocurrency market and most new investors are faced with it. FOMO makes it possible for traders to continue trading without preparation or planning, which will lead to very poor results.

Valentyzer

jr. member

Activity: 206

Merit: 3

I joined cryptocurrency last year and truth speaking I nearly lost all my capital because of FOMO infact the last coin I fomoed in with 100$ is now worth only 6$, it was terrible though but I have learnt in a hard way and praying to be better. But FOMO is very real

trumper

full member

Activity: 406

Merit: 102

I experienced that very badly in the past but now I am pretty away from day trading etc. as also I don't think it worths, hodling is good for those who think it is very bad.

Biscutard

full member

Activity: 759

Merit: 105

So far i didn't get to experience this too much because i've been following a certain rules and guidelines. So that if i experience that FOMO maybe is it because i don't want to get lost as much than my investment today compared before. By the time goes by you will eventually be more careful of your action.

cyberlilith

newbie

Activity: 29

Merit: 0

Wanna experience fomo? Got to Bitmex and try their leverage trading, most of the time you will experience it. Cheesy

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