Fear Of Missing Out
Fear of Missing Out (FOMO) refers to the anxiety and haste that investors experience because they miss or cannot participate in sudden price increases.
Fear of Missing Out (FOMO) is a common psychological condition in cryptocurrency and other financial markets. FOMO refers to the worry and anxiety investors feel because they miss out or cannot participate in rapid price increases occurring in a particular asset or market. FOMO, which occurs especially during sudden and significant price increases in the market, can affect investors decision-making processes and cause them to make hasty and emotional decisions. This may cause investors to tend to buy at high prices, believing that prices will rise further, and as a result, they may suffer losses. FOMO is generally associated with investors not wanting to be left behind by the excitement and activity in the market, and is therefore considered an important element of market psychology.
