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Published on Apr 7, 2022

FOMO

Author: Rubin
#Glossary
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FOMO, or "fear of missing out," is the feeling of missing out on events, information, or recent trends. In crypto's context, FOMO means that, as an investor, you have missed out on a lucrative deal or an investment opportunity. Some of the prominent reasons that investors are subjected to FOMO is because of the limited supply of cryptocurrencies when a crypto project is hyped and more.

With a sudden boom of particular crypto, investors try to seek a similar outcome in other cryptocurrencies, which is nothing but a result of FOMO. Time limitation can also lead to FOMO.


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