After missing the opportunity, don't panic, don't FOMO

The way the prices of some altcoins, including Bitcoin, are currently rising, may seem to many that the bull market has begun. Therefore, a kind of fear and panic will work among many because they have missed the opportunity to buy in the market. Therefore, fear and panic will also create FOMO (Fear of Missing Out). This time is very important for investors. After missing the opportunity, don't panic, and certainly don't operate recklessly. The core issues lie in two points:

source

• Human Misconception: Always thinking about buying at the lowest and selling at the highest, hoping for further drops during corrections, and then feeling conflicted about not buying at lower points after the rise, repeatedly caught up in greed and hesitation, ultimately missing opportunities.

• Key Response: Market corrections in a bull market are normal phenomena. Instead of fixating on specific points, it's better to clarify goals and discipline, avoiding being swayed by market emotions. Regular investment and long-term holding can actually help you accumulate shares amidst volatility, while trying to gamble on contracts or chasing highs after missing out is more likely to result in losses during corrections.

Remember, the risks in a bull market are hidden in greed, and maintaining a steady pace is more important than chasing rises and cutting losses. But finally, one thing to keep in mind is that no coin increases continuously. Maybe the price increases for a certain period of time, but later it drops again to some extent. So when the price of a coin increases, you should never invest in it just because you see that price increase. That is why you have to wait for the right place to buy if there are good quality coins. So in my opinion, instead of buying in the current position, you should wait for some time and enter the market at the right place.