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RE: How To Conquer FOMO (Fear Of Missing Out)
Oh I've done this in my early experiences trading stocks when the penny stock market went bananas in 2014. Made a good bit then stupidly held and lost all my gains then some. Painful learning experience.
Enter 2017....I never paid much attention to the crypto currency market until this year although I had heard about bitcoin years ago and stupidly didn't buy ANY when it was cheap. Thankfully I was able to sit on my hands before the crypto currency rally settled down a bit and prices came back down before I got into a few of the coins that I now own. I am guilty of jumping into bitcoin the minute I heard about the free BCC distribution August 1 though. So far that's turned out ok for me.
If you are in it for the long haul (a few years) then you'll be just fine. If you are looking to double your money in 6 months I doubt that will happen with BTC alone. We are long overdue for a cool off if you look at long term charts. Trade the daily volatility on altcoins if you want to make a quick buck :)