What is FOMO and FUD?

        FOMO — Fear Of Missing Out — the syndrome of lost profits. It manifests itself in situations such as the early sale of an asset due to fear of losing profits, buying at the maximum because of the feeling that you are missing something important, or the fear of missing a promising ICO, which is why you are investing in dubious projects. It is the fear of losing the profit most often and leads to the fact that we really lose profit. Getting rid of FOMO is difficult, but you can fight it. To do this, create a set of rules for trading on the stock exchange or selecting a project, as well as limits on the possible allowable losses and profits.
        FUD — Fear, Uncertainty and Doubt — fear, uncertainty and doubt. This is the tactic of psychological manipulation that is used to feed the news so as to sow uncertainty and doubt about the viability of the crypto currency. For example, the recent news that in India the crypto currency was banned, it turned out to be nothing more than FUD. The Indian Ministry of Finance reported that it intends to prohibit the use of crypto currency in financial crimes and illegal activities, but not to ban them altogether.

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