Originally, the term "fear of missing out" (FOMO) referred to the feeling of worry that arises when you realize that others are having an enjoyable or unique experience and that you are missing out. This is an extremely common phenomenon on social media, where people’s feeds often focus and emphasize the good and beneficial aspects of their lives, leading to feelings of frustration or inadequacy about their experiences and situations.

In the cryptocurrency world, FOMO or "fear of missing out" is the worry traders have when they see a significant surge in the price of Bitcoin or other altcoins. When the price of a cryptocurrency is highly volatile, traders may notice at an earlier time that price movements appear to be favorable signals for a specific coin. When prices have climbed significantly, it seems like a good time to buy. As a result, most traders sell coins at lower prices to buy them at higher prices.

·Don’t always expect profits

It’s not uncommon for traders to be so afraid that they won’t be able to control their impulses that they jump on the cryptocurrency bandwagon or hype train before it’s too late. In some cases, anxiety may prompt you to join an uptrend prematurely. Sometimes it forces you to make difficult choices between acknowledging your loss or continuing to wait for a glimmer of hope.

When the urge to get involved gets you into trouble, remember that you don't always have to make a profit. As a cryptocurrency trader, you should always follow recent cryptocurrency market trends and keep an eye on profits and losses. Sometimes, resisting an impulse or emotion can help you avoid major misfortune.

·Keep calm and take your time

Price manipulation is something that happens all the time. Whales have the ability to drive up the price of a cryptocurrency and dump or sell it. When prices fall, those who fear they will lose money on recent appreciation lose money.

Cryptocurrency investors may feel this way when they see a bull rally in a coin or coin. However, they haven't purchased yet. Feelings of FOMO are particularly common when a cryptocurrency’s value rises significantly in a relatively short period of time. This sentiment could trigger a surge in its price. Many times when a new cryptocurrency hits the market, it’s all about excitement or fantasy. And, FOMO has its place during periods of wild price swings and ups and downs.#BTC #BICO #APT