01-06-2022, 04:37 PM
Red days are the true FOMO but you need to control yourselves.
<!-- SC_OFF --><div class="md"><p>Prices are down, and you can't buy? </p> <p>Do you feel the fear of missing out a good buying opportunity? </p> <p>Yeah, then you should control yourselves. People will tell you to buy the dip and they may be right BUT your investments shouldn't be driven by FOMO. </p> <p>If you have a plan, stick to your plan. If you have money to invest in red times, spread the sell orders and don't throw too much at the market. </p> <p>Don't invest more than you can afford to lose. This is even more true during red days. The opportunity seems very good but you never know the bottom of the dip. </p> <p>Please act rationally and not with your emotions. DCAing doesn't mean throwing money at dips in hope that the market goes back up. </p> <p>You don't need to buy every dip, in the end consistency is more rewarded. Good luck out there!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nostalg33k"> /u/Nostalg33k </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxb7hg/red_days_are_the_true_fomo_but_you_need_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxb7hg/red_days_are_the_true_fomo_but_you_need_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Prices are down, and you can't buy? </p> <p>Do you feel the fear of missing out a good buying opportunity? </p> <p>Yeah, then you should control yourselves. People will tell you to buy the dip and they may be right BUT your investments shouldn't be driven by FOMO. </p> <p>If you have a plan, stick to your plan. If you have money to invest in red times, spread the sell orders and don't throw too much at the market. </p> <p>Don't invest more than you can afford to lose. This is even more true during red days. The opportunity seems very good but you never know the bottom of the dip. </p> <p>Please act rationally and not with your emotions. DCAing doesn't mean throwing money at dips in hope that the market goes back up. </p> <p>You don't need to buy every dip, in the end consistency is more rewarded. Good luck out there!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nostalg33k"> /u/Nostalg33k </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxb7hg/red_days_are_the_true_fomo_but_you_need_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxb7hg/red_days_are_the_true_fomo_but_you_need_to/">[comments]</a></span>Kind Regards R