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Most people, when they hear the word FOMO...
They immediately think of a "green candle" and a sudden surge that makes you buy late.
But the truth?
FOMO isn't just the "fear of missing out on buying"...
FOMO is the fear of missing out on an opportunity, whether it's a buying or selling opportunity.
What happened during the recent Bitcoin drop was a clear example:
There was FOMO for selling...
Not FOMO for buying.
Many people were afraid of missing the "chance to sell at a high price before it drops further"...
And they entered a state of collective panic.
I saw wallets that sold at millions in losses just because they were afraid the drop would continue.
This is the real FOMO.
A fear that makes you act quickly...
Not because the decision is right...
But because your emotions are stronger than you in the moment.
If you didn’t get caught up in the FOMO and stayed rational, give the tweet ❤️🔁