In short, remember this: "When people are fearful, they place market orders." FOMO (Fear of Missing Out on Upside Potential) drives them to chase rising prices, while fear of further losses leads them to cut their losses and short sell.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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