Hello, Dear Bytecoin Enthusiasts!
In this short video, I shed light on the Top 2 reasons why people lose money- FUD & FOMO:
There are going to be trillions of dollars going into the crypto market in the next 2-32months so let’s not let our emotions get the best of us.
Many people will become rich & many people will lose their life savings;
many people will take profit & many more will withdraw at a loss.
Same event. Such different outcomes.
One of the main driving factors of price is emotion. Human emotion.
and since you have one, you are responsible for the way that it behaves.
*I am not a phycaedrist nor a financial advisor
Having said that, knowing what the forces against you are- will help you better maneuver through the obstacles.
There are two main general ways to ‘feel’:
FUD= Fear+ Uncertainty + Doubt
&
FOMO= Fear Of Missing Out
I hope you guys can benefit out of this perspective. 🙂
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