FOMO (Fear of Missing Out) is the panic feeling when seeing others profiting, following trends, or having cool things that we don't have yet. In the world of crypto or stocks, FOMO makes people buy impulsively just because they are 'afraid of missing out.'
For example: See a coin rise 100%, buy immediately without research. Oops, stuck now.
Anti-FOMO Tips:
Think with data, not emotions
Have a plan, don't just follow the crowd
Not all opportunities are suitable for you
Remember, those who rush usually get trapped. Stay chill, stay smart! 💸