Yes this is psychology which kill profits of common investors. They mismatch FOMO and FUD, and buy in FOMO and sell in FUD. All beginners must go through this hell.

Big daddies also spin the mist and cause confusion whit their DAP plans (dump and pump). I just post something about that fallows:

https://steemit.com/cryptocurrency/@tombort/bch-usd-pair-and-bitcoin-analysis-10