The Choice Is Yours: Stack Up now in the Bear Market or FOMO in the Bull Market?

Honestly, I would not say am perfect because I am 1000% sure that nobody is and anyone who claims he or she is, that person is a huge liar and just want to deceive you, when I first got into analyzing the market chart and the trading any market stuff, I started with Forex (foreign market exchange or foreign exchange or FX) before I transitioned into crypto fully, so before I continue the story of my journey through the trading industry let me give a brief definition about Forex.

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What is Forex or FX?

The foreign exchange (also known as Forex or FX market is a global marketplace for exchanging national currencies. Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world, I think it trades about 4 to 7 trillion dollars daily. Currencies trade against each other as exchange rate pairs.

Now that being said and the main I talked a Forex in the first place was this, when I started trading Forex back then a lot of people lied and tricked other people into taking their money or making them lose it to the market claiming to be "Forex gurus or Expects", I fell for that trick until I made it a point to start making my trading decision myself, which is why asked the question, Stack Bitcoin and Altcoins now in the bear market or FOMO in the bull market? And this is totally your choice to make because no one can tell you what to do with your money.

Buy The Dip Or FOMO In At A High Price?

Don't buy high and sell low. Don't make BOTH mistakes (Not financial advice but Good advice)

Here is some very sad truth those who run away from the bear market will definitely FOMO (Fear Of Missing Out) back in during the bull run or market at a much higher price or the top as the maybe. Most of the time those who FOMO in during the bull run are dumped on and used as exit liquidity for those that were smart enough to buy and take risks to invest in times like this, taking advantage of the dip and bear market. But of a truth stacking in the bear market is not easy and it requires a lot of patience, but eventually, it will pay off well when the bull run comes. But Majority like to be in profit all the time so they prefer to FOMO in during the bull run and that is what separates the profitable traders and others.

In Conclusion

As usual, when the bull run comes once again, the crypto market will be filled with people that will buy high due to FOMO and sell low due to Fear that the market can not recover from the dip or is going to Zero, which is Too Bad.

THANKS GUYS FOR READING MY POST.

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5 comments
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The question is, are you a value investor or a momentum chaser?

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To be honest, situation changes for many out in the world of crypto. Although, the prior question is after loosing how much. Well most of the traders/newb who enters into crypto they significantly loose money which demotivates them towards crypto. Which results a chain reaction for those users/traders. Thus a negative impact gets trapped inside their mind. But on the other hand patience and finding the right crypto and hodl onto them in the bear market can literally change the course for a crypto hodlers.

I just wish that nobody falls victims to those so called crypto guru and loose money following them. Instead DYOR can have much more positive effect for a person in long run.

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