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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
What are the consequences of FOMO? Research has shown that the more you engage with this feeling, the greater its negative consequences and the impact it has on your entire life.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
People who suffer from FOMO may even lose their satisfaction with life and experience problems such as sleep disorders; but in this section of the article, and at best, we consider problems that may plague your investment decisions.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
Suppose you have been encouraged by a large number of traders and market analysts to buy a large amount of Bitcoin. They also constantly instill in you the fear that this is your only chance and that if you donโ€™t invest now, you will regret it.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
You decide to buy Bitcoin with a large amount of your capital due to the fear of losing, without managing your risk; but suddenly an important person gives a speech or something happens that causes the price of Bitcoin to fall by a few percent.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
This way, you will lose a large amount of your capital and constantly blame yourself for making the rash investment decision.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
Now imagine if this happens repeatedly. In this case, the feelings of frustration and regret increase and cause FOMO. In this case, you may constantly think about your mistakes throughout the day and be unable to focus on other important matters.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
You may not even realize that you are suffering from FOMO and think you are very unlucky to always lose money; but in fact, you are not unlucky! You just think that other people are right; so you act on their word and completely emotionally.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
This is especially true for cryptocurrencies. Cryptocurrencies are inherently more volatile than other assets, and their prices can fluctuate dramatically within minutes.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
For this reason, a wrong and emotional decision and entering into a risky investment in these currencies may not give you the opportunity to recover and may halve or destroy the value of your capital in less than a day.
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Roya ๐Ÿน pfp
Roya ๐Ÿน
@art-technology
Of course, you may invest in different currencies once or twice based on what others say and you may end up making a good profit; but keep in mind that this profit was completely random and there was no knowledge or analysis behind it. Therefore, it is better to research it first before making any transaction.
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Reza๐ŸŽฉ๐ŸŽญ๐Ÿ”ต pfp
Reza๐ŸŽฉ๐ŸŽญ๐Ÿ”ต
@antalyar
good cast thanks for share
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0xwiiish28๐ŸŽฉโšก๏ธ๐ŸŽญ pfp
0xwiiish28๐ŸŽฉโšก๏ธ๐ŸŽญ
@arezo-fjb
FOMO is the feeling of being left out of a group of friends or acquaintances who, in her opinion, are doing interesting and enjoyable activities.
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fatemeh64sh ๐Ÿนโ›“๏ธ๐ŸŽฉ๐ŸŽญ
@fatemeh64sh
Thanks for the useful informationโค๏ธ 122 $DEGEN for dearโœจ๏ธ
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Tina1880 ๐ŸŽฉ๐Ÿน๐Ÿ„๐ŸŽญ๐Ÿ“„
@mersana1398
FOMO, or the fear of missing out, is a real phenomenon that is becoming more common and can inject significant anxiety into your life.
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