FOMO kills more crypto portfolios than hacks and scams combined. Here are 5 rules to protect yourself from your own worst instincts.
By the time everyone is talking about a coin, smart money is already selling. A coin up 200% in a week is often days from a 50% crash.
Decide your entry price before price pumps. "I'll buy BTC if it dips to $60K" beats "I need to buy NOW before it goes to $80K."
Dollar-cost averaging — buying fixed amounts weekly — removes the psychological pressure of picking the perfect moment. Automate it.
If you cannot sleep because you are anxious about a position — it is too large. Reduce until you can sleep. Never let crypto control your mental health.
Read More →