What does FOMO mean in trading?

FOMO stands for the Fear of Missing Out, but the acronym has been used so much to the point that it is now considered a word. In trading, FOMO is often associated with traders worrying about missing a move or a trade, regardless of the situation. FOMO gets especially strong when the market rallies without you.

What is crypto FOMO?

Crypto FOMO is fostered mainly by the desire to seize the next moneymaking successor to Bitcoin whenever possible. In reality, making a potentially profitable move in the market results from making rational decisions after conducting in-depth research before leaping to invest in any token.

What is FOMO & how does it affect your life?

FOMO is the acronym for “fear of missing out;” it is an ancient phenomenon and a part of all humans’ lives. Experts have proved that FOMO affects the quality of human lives—leading to anxiety, loss of money, disconnection from family, and depression.