CRYPTO GLOSSARY · PSYCHOLOGY
What is FOMO?
Fear Of Missing Out: emotional buying during price surges.
📖 Full Definition
FOMO (Fear Of Missing Out) describes the anxious feeling that drives investors to buy cryptocurrency during rapid price increases, fearing they'll miss further gains. FOMO often leads to buying at market tops and is a major source of losses.
💡 Example
When Dogecoin surged 1000% in 2021, many retail investors bought at the peak due to FOMO.
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