Ever wake up one morning and think to yourself:
“Jeepers self, crypto is behaving rather horribly, abandon shippppppppppppp?”
If so you’re definitely not alone – it’s always scary when crypto or stock markets corrects.
That’s why you’ll love the following quickie (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):
www.facebook.com/SeanDonahoe365/posts/10224573603060666
There, you’ll see a plain, simple post about one point in history… that lots of folk have forgotten about. His group includes:
“…@everyone Looks like more dipping to follow after a brief and highly profitable rally yesterday. As I have said many times, Smart traders wait, its 90% of what we do. We get paid to wait. While other numpties are screaming “Buy the Dip” or “Crypto is on sale today!” – They have no clue what they are talking about.
We are in a bearish phase, a blow off of the highs as confidence is shaken and fear enters the market. Don’t get caught in the herd. Step aside, let the herd panic and wait. Once the drops stop and start to recover then we can reenter with confidence, but that is NOT yet.
I expect BTC to drop to around 30k and its already blown past its bases as has Ethereum. There may be some short term rally’s and opportunity for quick cash but those are going to be short lived right now.
Crypto is very much driven by greed and fear and that is a fickle mistress. So, focus on the rules we teach, there is more widespread panic in the main markets thats driving this dip and we are officially in bearish territory in the broad markets. …”
What does it make you think of? And yet, so many people are talking about FOMO (the fear of missing out), or everything going to 0! and and and….
Panic. Lots of panic. How do you prevent yourself FROM panicking if youre in crypto?
So glad you asked! Here’s a simple 1 2 3 step way to look at it:
Step 1.) First, Make Sure You Are Getting Crypto Data from People You Can Trust.
There is one person right now who I am continunously following and can highly recommend:
facebook.com/SeanDonahoe365 (author of the above)
Next, move to:
Step 2.) Check Out Visual FOMO tutorials (but not for the buying/selling, all of Sean’s videos are in his community)
Need resources for that? Check out allllll the ideas shared at the following (the stock market also follows some of the same indicators)
podcasts.apple.com/us/podcast/rebel-traders-podcast-stock-market-trading-strategies/id1282002114
Finally, move to:
Step 3.) Armed with the Above, do NOT allow yourself to FOMOize!
Thinking about going bananas re: FOMOizing? You can refer to the following:
www.mageplaza.com/blog/fomo-marketing-techniques-to-rocket-sales.html
hub.easycrypto.com/how-to-avoid-crypto-fear-of-missing-out-fomo
thefipharmacist.com/how-to-avoid-fomo-in-cryptocurrency/
cointelegraph.com/explained/how-to-eliminate-fomo-and-stick-to-a-cryptocurrency-trading-strategy
Good stuff!
Your takeaway?
When FOMO strikes, your money is at a HUGE risk. You *must* learn to disengage your emotions so you can profit, even during down times…
Why not take advantage of that today?
Enjoy!
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