The Unlucky Adventures Of Lucky Ep. 2

Lucky had been eyeing the charts all day. Bitcoin was flying! From $83,000 to $95,000 in just a few hours. Everywhere, Twitter, Telegram, WhatsApp groups people were shouting, “BTC is going to 100K o!”

Lucky had promised himself that he wouldn’t trade based on emotions again. But this one looked like sure money. “If I don’t enter now, I might miss my chance to cash out big!”

Before he could think twice, he carried all his $1,500 and entered the market at $95,500.

Five minutes later, BTC dropped to $90,000. Lucky said, “It’s just a normal retracement, it will bounce.”

Another five minutes, $85,000.

Lucky started sweating. “Is this just a small shake?”

One hour later, BTC touched $80,000.

At this point, he could hear sirens in his head.

He didn’t even set a stop-loss. No plan, nothing.

By the time Bitcoin hit $75,000, fear took over. He sold everything. Loss? $1,000 just disappeared like magic.

Not even five minutes after he sold, BTC shot back up to $85,000.

Lucky sat on his bed, hands on his head. “FOMO has done me dirty again.”

Moral of the story?

If you trade crypto based on hype, the market will use you to catch cruise.

Who has FOMO shown pepper before? Drop your story in the comments!

Missed Episode 1? Click Here to read.