Fear Of Missing Out (FOMO) / Fear, Uncertainty, and Doubt (FUD)

By Binchain | BChain | 31 Aug 2021

Fear of missing out (FOMO)

FOMO is the feeling of investing an asset for fear of missing out on a chance to win.
When FOMO hits people's emotional fear of missing out on the next big opportunity. When a large crowd is moved to a parabolic movie, the circular motion moves parabolically upwards, no extreme market conditions are the usual way with a big and fast move south and the last one to come in is the big fool. And you notice that your Fear Of Missing Out (FOMO) is dangerous not only for beginners, but also for so-called experienced or professional traders. Around 90% of trading is primarily about keeping feelings, that is, emotions, under control and that is the greatest weakness. in people. My tip when something is urgent
You notice Fear Of Missing Out (FOMO) that the next feeling is besieging you then take a short break then the train will definitely come.


Fear, Insecurity, and Doubt (FUD)

In short: Spreading fear and misinformation in order to gain an advantage.
Fear, Uncertainty and Doubt (FUD) is mainly used in the financial industry. In many cases, investors position shorts and spread misleading news while potential others testify and speculate about falling prices, and make big profits by spreading fear and misinformation in order to gain an advantage. Fear, Uncertainty, and Doubt (FUD) You see, this is a malicious strategy aimed at gaining a tactical advantage on a particular product or project by spreading misinformation. The goal is to stir up fear.
In many cases the information turns out to be incorrect or at least misleading.

Do your own research (DYOR)

In short: do not trust, do your own research
Successful investors always do their own research and come to their own conclusions if they always want to be in the crypto world
Do Your Own Research (DYOR) do your own research.

For today, the three terms were light fare to refresh your memories of the war for the seasoned trader and novice alike. Thank you for your attention for a thumbs up and a subscription, thank you soon.


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