5 Signs of FOMO | Identify Them to Prevent the Risks! – 🌐 Biswap News Portal

Mental breakdowns affect all spheres of our lives, whether it’s something personal or related to your financial situation. If you are a crypto fan, you already know that market volatility can play a cruel trick on you at any moment.

Have you or some of your friends felt the fear of missing out? We are here to help you identify the signs and prevent the emotional decisions that can be made in this condition.

Saying Yes to These Signs? | Look Closely, It Might Be a FOMO!

Let’s get to the specifics. If you recognize yourself in these signs, then it’s time to do something about it!

#1 — Always Saying Yes

Caught yourself always agreeing to do something, even if you don’t really want it? It can mean that you are suffering from FOMO. Remember — yours won’t get away from you.

#2 — Urgent Need In Tracking Trends

This is a feeling when you can’t stop thinking about surfing through the crypto sources, not to miss a single thing or news on the market. Yes, staying updated is crucial for the DeFi sphere. However, it doesn’t have to occupy your mind.

#3 — Rush & Hasty Decisions

When the crypto asset rises in value particularly fast, many undisciplined or just inexperienced investors make decisions based on emotions. If you feel that you are investing just because of popularity or massive price movement, it can lead to loss-making consequences.

#4 — Bandwagon Effect

Sometimes it’s easier to follow the crowd than DYOR and analyze cryptocurrency yourself. If you invest in a particular crypto asset just because the majority did so, it’s also a FOMO symptom.

#5 — Constant Price Checking

You can’t help but track prices every 5 minutes and become obsessed with trading activities. Sounds familiar? Sorry to disappoint you, but you have a fear of missing out.

I Have FOMO Symptoms | What Should I Do?

In the crypto world, feeling FOMO is not rare. The most important thing is not to fall into despair. Especially for you, we made an article with tips on how to deal with this unpleasant thing.

Read now not to regret it later:
📚https://bit.ly/3W0Ff7A

Closing Word

FOMO is not an illness. However, the stress it causes can have a bad impact on your life quality and health. That is why you should be careful of yourself and not take failure personally.

Biswap DEX is always there for you to make your DeFi experience smooth and reduce the risks of fear-of-missing-out.