✨ Learn with us the term "FOMO" in the world of crypto ✅
🔵 What does FOMO mean?
An abbreviation for Fear Of Missing Out, which means "fear of missing out".
🔵 What does the term FOMO mean?
It refers to the feelings of anxiety that drive investors to buy for fear of missing out on a profit opportunity when prices rise.
🔵 Examples of using the term:
A person bought a currency at the highest price after positive news spread for fear of missing out on profits.
🔵 The difference between FOMO and rational trading:
The term FOMO: A hasty decision due to emotion.
Rational trading: Based on market analysis and well-thought-out plans.
🔔 Advice:
Don't let your emotions drive your investment decisions!
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