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RE: Chasing Chain Coin? A Word of Caution, Checking the Richlist, and Comparing it to Other Parabolic Moves
FOMO wiped me away when I started out. I wasn't totally silly though and only traded with about 80 bucks. I kinda know better now.
Yea, it got me too, early on. Thankfully, I was still a very timid trader, and didn't put that much btc into it. There is nothing that will motivate me to learn that getting nailed with a 50 percent decrease in value and going, "What the heck?"
People told me the same thing too though. Don't chase, etc . . but I had to get burned once.
Nothing motivates improvement like a little bit of failure.
Lol! I started out with 2 btc and lost 1 btc FOMOing. I know better now :) Making marginal gains is a lot more consistent and less riskier than trying to double your money.