What Is Fear Of Missing Out (FOMO)
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What Is Fear Of Missing Out (FOMO)
FOMO, or the Fear of Missing Out, is the powerful emotion that drives investors to rush into buying assets, driven by the fear of missing out on potential profits. When FOMO grips the market, it can trigger dramatic and parabolic price movements. Often, when investors engage in a frenzy of ‘FOMO-ing’ from one asset to…