Why missing out is more painful than losing money
The pain of losing 10 points
is greater than the joy of gaining 10 points
Missing out means others have made money while you haven’t
You believe that if you had held the position
you would have definitely made that much
So you see missing out
as a kind of loss
The difference between this loss and
loss from holding a position is
that holding a loss may mean I am not as skilled
while missing out doesn’t indicate
that I am less capable, it just means I didn’t participate
Therefore, those who feel this way
are mostly people with a higher sense of self-recognition