I think you need to constantly read the news and try to analyze what has happened in the pasts when similar news surfaced.
For example news of a new market being open usually triggers FOMO and people start buying thus the price increases. This has happened multiple times over the years and you can capitalize on it.
Topic: How to escape FUD and FOMO to peace of mind? - page 2. (Read 292 times)
You can't scape FUD or FOMO. The best thing to do is shut the door to these people whenever you sense there is FUD in you are reading or FOMO. Avoid and stop following people or followers with negative attitude towards cryptocurrency world. They are only infuencing others who are ignorant of what is the real happening in digital currency and blockchain world.
Fomo and fud is common in the world of trading, they used to be the cause of a lot of people suffered losses, why?
Here are a few reasons why Fomo Fud and dangerous:
Fomo Fud and dangerous because theye're encouraging traders to make a decision which is not objective because of the feeling of fear or doubt to miss when selling or buying and not paying attention to the techniques of analysis which should be important doing in time trading.
To escape the Fomo, things you should do are:
-Familiarize yourself to buy when prices are low.
-Not hooked by emotions/self control
-Analysis of Engineering Master
-Continue to pay attention to update prices.
the most important is do not use 1 or 2 tools to ensure price
To daytrade preferably in check per hour, gave to take profit as soon as possible.
Here are a few reasons why Fomo Fud and dangerous:
Fomo Fud and dangerous because theye're encouraging traders to make a decision which is not objective because of the feeling of fear or doubt to miss when selling or buying and not paying attention to the techniques of analysis which should be important doing in time trading.
To escape the Fomo, things you should do are:
-Familiarize yourself to buy when prices are low.
-Not hooked by emotions/self control
-Analysis of Engineering Master
-Continue to pay attention to update prices.
the most important is do not use 1 or 2 tools to ensure price
To daytrade preferably in check per hour, gave to take profit as soon as possible.
How to escape FUD and FOMO to peace of mind?
mark the source and ignore it if it looks, you can also focus on your other work. do other activities or discuss crypto with your local community. this is the simple thing I often do to avoid it.
Probably the most terrible thing is to succumb to these feelings, they each have and to each they come unexpectedly, but all the same the best tactic is to invest and get the money that would not be large, that is, by little but often.
"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
To escape the FUD and FOMO is to spend less time in social media and bitcointalk.
Stop reading? Lol
I know you don't want to loss your money. We're all here to gain profits. So, you have to think that FUD and FOMO could generally lead you to losses. That thinking alone is enough for me to control my emotions. I hope it does apply to you.
I know you don't want to loss your money. We're all here to gain profits. So, you have to think that FUD and FOMO could generally lead you to losses. That thinking alone is enough for me to control my emotions. I hope it does apply to you.
"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
Stop caring about the news related to the prediction or the restriction by government which is the reason for our mind gets diverted and fall into FUD and FOMO but reacting to them also has advantage if you pick them at early stage you can make money throughout the selling and buying at the right time. Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
The only way out is by not getting in and becoming a carrier ourselves. Stop reacting to and spreading info that you have not researched yourself.
Why FOMO & FUD are Both causing danger?
It can lead you to skip the life changing opportunity of your life.How to escape FUD and FOMO to peace of mind?
Don't listen too much with bad news and to have a peace of mind, create your own way of determining on where the market is going. Trust yourself if you have experience in this market and don't be so dependent to other people.
"FOMO"and "FUD" has always been (and always will be) a part of the cryptocurrency ecosystem. The way it’s dealt with needs work, a lot of work.
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
Why FOMO & FUD are Both causing danger?
How to escape FUD and FOMO to peace of mind?
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