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RE: Steemit Crypto Academy Contest / S11W01 - The Cycle of Market Emotions
Greetings! Your blog post provides a thorough explanation of various crypto-related terms like "Pump and Dump," "Going to the Moon," "HODL," "REKT," "Bagholder," "Cryptosis," and "ICO." It's essential to be cautious and conduct proper research before investing to avoid falling into FOMO traps. You've effectively discussed the causes of FOMO and FUD and ways to prevent them by focusing on long-term goals and staying informed. The screenshots depicting FOMO and FUD phases in the crypto market based on Elon Musk's tweet and the Luna crash in May 2021 are insightful and well-illustrated. Great work overall!