Are you constantly jumping on to a pump only to buy right before the dump?
Are you trying to fight the urge to buy the ‘new thing’ in the markets only to lose?
Do you got that FOMO just calling you and can’t kick it?
We just saw a 2 week Solana shitcoin cycle followed by a mini crash. Some people made some serious cash buying every sub-$10k meme coin and hoping it caught a bid, but for most people they jumped in late and got a bunch of rugs and big losses after the minor recent crypto pullback.
Too many investors fall into the FOMO (Fear of Missing Out) trap and blow up a material portion of their wealth. I know people who have lost years of steady gains with 1 very poor timed decision. And it isn’t just a crypto thing - this can be stocks, Real Estate, businesses, etc.
Let’s dive into the emotions behind FOMO, some ways to identify it, and how to avoid it.