Losing money – When you decide to invest, especially in cryptocurrency, you risk losing everything. That’s why you should always invest only what you can afford to lose.
Falling assets – Markets are volatile and immediately after buying, your assets can drop in value noticeably. Choose time-tested assets, play long and don’t look at the chart every 5 minutes.
Fear of making a mistake – Don’t invest so you don’t buy a skim. You can’t go into the market and not take risks, but you can minimize them
FOMO (lost profits) – By the law of mean, everyone around you is mowing x’s and you’re the only one sitting in minuses. This is a deceptive picture, you don’t need to give in to greed and chase every HYIP, you should decide on an investment plan in advance and follow it.
You will not be able to avoid these fears, but they can be overcome by following the basic rules of financial literacy. Apart from FOMO, it is up to everyone to tame greed on their own.
