(FOMO) - Fear Of Missing Out
Usually people that trade off emotion lose money and never HODL because they follow the coins that are shooting up (pumping). The smart action to take is to buy low, coins thats are dropping (dumping) in order to get more shares/coins/tokens at a lower price with the same amount of capital.
If you have $1000 USD and (anonymous coin) is currently priced at $1 and you see it pumping, WAIT because it will dump. Law says what goes up, must come down. So if you bought (anonymous coin) at $1.00 with $1000 USD, you would have 1,000 coins/tokens. But hypothetically speaking if you waited for (anonymous coin) to dump, lets say to $0.50 and you had $1,000 USD, you would be doubling the amount of shares you bought to 2,000!
If the coin hit $2, and you bought it t $1 with $1000, your total holdings would be $2000. BUT if you bought the coin at $0.50 with $1000 and the coin hit $2, your holding would $4000!!
TRADE SMART, NO FOMO!