LEONISLesson 16
Hype, fear and herd behavior
Feelings cost money
When a price rises strongly many want to jump in (FOMO, fear of missing out). When it falls many sell in panic. Both usually happen at the wrong time.
A plan helps
Decide before buying why you buy and when you sell. Check rumors yourself instead of following tips blindly. Those who diversify have less to worry about.
Test yourself: you answer the quiz questions for this lesson in the app under Learning.