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FOMO (Fear Of Missing Out)

Mr. Fomo
Last updated: February 6, 2025 01:36
Mr. Fomo
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FOMO, or Fear Of Missing Out, describes the anxiety that investors experience when they worry about missing out on a potentially lucrative opportunity. This emotion can drive people to make impulsive decisions without adequate research.

FOMO is prevalent in the fast-paced world of cryptocurrencies, where rapid price movements can trigger herd behavior and irrational market trends.

Recognizing and managing FOMO is crucial for maintaining a disciplined investment strategy and avoiding costly mistakes.

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