FOMO Can Be A Big Reason To Lose Money

in hive-196037 •  2 years ago 


When you make any decision, there are some reasons behind that. Especially, when you make any financial decision, you are very careful. If you make the right decision, you can make money. Otherwise, you will lose your hard-earned money.

man-597178_1920.jpg

You have your strategy and system that you usually follow to make decisions. But sometimes you might get into FOMO and because of that, you make the wrong decision. And that is one of the biggest reasons you lose money.

Let's watch this video. Please feel free to leave your comments below. Thank you for watching the video.

Source: 1, and 2.
Image Source: 1, 2, 3, 4 and 5.



About Me


Rezoanul Vibes logo.png

Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about lifestyle, martial arts, finance, and digital marketing. I'm glad to meet amazing people all over the world.

Follow me on Twitter
Watch my videos: 3Speak, DTube, Lbry, and YouTube.



▶️ DTube
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  2 years ago  ·  

Yes … FOMO will wreck your investments every single time. You will Buy high and then get wrecked. Every single time

Crypto is not easy. It is like an emotional roller coaster. Following strategy and sticking to your plan can work, as far as I'm concerned.

  ·  2 years ago  ·  

Very true. Followed you on Hive and Twitter also.

  ·  2 years ago  ·  

To avoid extreme FOMO I buy and hold a very very small amount of everything … in case one of them goes up by 100,000 % …. The I sell