Mini Crypto Program, Part 2 || "How Psychology Influences Market Cycles"

Hello great minds! I am very grateful to @liasteem and @steemeducation for their efforts in making this a success. Indeed this is a great place to learn about crypto.
In this part 2, I would be carrying out the following exercises.

Vist the website coinmarket and explain what FOMO is.
Explain what is FUD
Explain where FOMO occurs
Explain where FUD occurs
Choose the 2 crypto currencies you want then use the graph of the cryptocurrency to explain where FOMO and FUD occur
Conclusion.

Visit the website
I visited this website https://coinmarketcap.com

EXPLAIN WHAT F.O.M.O IS.
F.O.M.O is an abbreviation for Fear Of Missing Out. F.O.M.O is said to be psychological as it deals with ones mind.
FOMO is the fear of lossing out on the wonderful profit. F.O.M.O is not a good state as it lead to mental illness, stress and depression. FOMO is a state which affect everyone at a point In the crypto market and it is common among traders.

EXPLAIN WHAT F.U.D is

F.U.D is an abbreviation for fear, uncertainty, doubt. It is a state in which marketers predict wrongly the prices of crypto currencyand it's tendency to rise. F.U.D can also be seen as an oppsite of F.O.M.O, because in F.U.D, the makert user is afarid of loosing from the crypto currency which he invested in. It occur when a price of a crypto currency reach it lowest point and about to crash making the market user to have fear. Fear, uncertainty, and doubt should be the least of your driving factors for trading.

EXPLAIN WHERE F.O.M.O OCCURS

FOMO occurs when the price of a crypto currency is at it highest peak of the bearish candle. Trader would like sell at this peak price in other to profit more. This trader may likely loose as the price may still rise or at the verge of sell the price may fall. F.O.M.O occurs at the Bullish peak, where F.O.M.O predicts that they will be richer if they buy at this peak, thinking that the green candle stick will continue to rise, even though this is the level where the bears started.

https://coinmarketcap.com/currencies/xrp/

EXPLAIN WHERE F.U.D OCCURS
F.U.D occurs at the stage where a crypto currency in which a market user invested in is at the verge of crashing, thereby making the market user to have fear, about the rise of the price and also have doubt. It also occurs where a user find out that prices of the cryrpto currency which he previously bought have fallen or is lesser than the amount which he previously bought that currency.
F.U.D hereby lead to stress and most times bad decisions. This psycholgy affect the market cycle as it causes the market user to make bad decisions which may result to huge loss. Below is situation where F.U.D occurs.

https://coinmarketcap.com/currencies/dodge/

CHOOSE 2 CRYPTOCURRENCY AND USE ITS GRAPH TO EXPLAIN F.O.M.O AND F.U.D

I will be using Binance and Etherum to explain.
According to the Etherum graph, F.O.M.O occurs at the bullish peak where prices increases.here, users have a positive feeling of getting rich during this period.

https://coinmarketcap.com/currencies/ethereum/

According to the graph below F.U.D occurs at the floor of the bullish candle.It occurs at a time where prices of currency falls there by putting the user in dismay or panic

https://coinmarketcap.com/currencies/ethereum/

In Binance the same situation which affets F.U.D and F.O.M.O in ethereum applies here.
The graph below shows F.O.M.O in Binance

https://coinmarketcap.com/currencies/binance/
The graph below shows F.U.D in Binance

CONCLUSION
In conclusion,F.U.D and F.O.M.O is state which affect every market user at a particular point and it is psychological. Care and discipline is needed by market users to avoid making bad decisions which may lead to depression.
I invite @jonathan445 @dine77 @five5 to learn from this.