Bitcoin
Bitcoin
BTC
$103,969.00
1d: +0.13%
7d: +9.83%
$103,969.00
+0.13%
Ethereum
Ethereum
ETH
$2,498.13
1d: -1.45%
7d: +37.50%
$2,498.13
-1.45%
Polkadot
Polkadot
DOT
$5.16
1d: +1.40%
7d: +28.83%
$5.16
+1.40%
Solana
Solana
SOL
$174.92
1d: -0.32%
7d: +19.12%
$174.92
-0.32%
XRP
XRP
XRP
$2.40
1d: +0.04%
7d: +10.00%
$2.40
+0.04%
Shiba Inu
Shiba Inu
SHIB
$0.00001634
1d: +0.58%
7d: +26.30%
$0.00001634
+0.58%

FOMO (Fear of Missing Out)

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Table of contents
    1. 0.2. Why It’s Common in Crypto Markets
    2. 0.4. How FOMO Affects Decision-Making

FOMO refers to the psychological phenomenon where individuals feel anxious about missing out on an opportunity, especially in investment or trading contexts like cryptocurrencies or NFTs. It often drives people to make impulsive decisions based on the fear of losing potential gains.

Why It’s Common in Crypto Markets

In the volatile world of cryptocurrency, FOMO can lead to rushed buying or selling, especially when prices are rapidly rising or falling. Investors might panic-buy during a market surge, hoping to profit, only to face losses later if the market corrects.

How FOMO Affects Decision-Making

FOMO can cloud judgment, making investors prioritize short-term gains over long-term strategies. It’s a behavior often exploited in marketing or by influencers in the crypto space, urging people to act quickly before they “miss out” on a promising opportunity.