FOMO psychology

In a bustling barbecue stall, Xiaobai and Laoshou sat in a corner. Xiaobai looked tired and his eyes were bloodshot, obviously he had been up for several nights.

The veteran asked with concern: "Xiaobai, why haven't you been around lately? What are you busy with all day?"

Xiaobai sighed and rubbed his temples: "Brother, I've been busy trading in cryptocurrencies recently. You know, the market in the crypto circle changes too fast, and I'm afraid of missing every wave of the market."

The veteran said thoughtfully: "Yes, the market in the crypto circle is indeed ups and downs. But aren't you tired of staying up late every day to watch the market like this?"

Xiaobai smiled helplessly: "It's tiring, but I feel uneasy if I don't watch it. You see, I missed a big rise a few days ago because I didn't watch the market, and I lost several thousand dollars."

The veteran listened and smiled: "Then how much did you earn during this period?"

Xiaobai lowered his head in embarrassment: "To be honest, I didn't earn much. I didn't miss the market, but I always couldn't hold on. I was afraid of falling when I made a little profit, so I sold it quickly. Later I found that I didn't make much, and I lost some."

The veteran patted Xiaobai on the shoulder: "This is the FOMO psychology. Opportunities in the crypto circle There are many, but there are also many traps. You need to learn to control your emotions and develop your own investment strategy instead of being led by the market. "

Xiao Bai nodded: "But I always can't control myself, and I always feel that the next wave of market is my opportunity. "

The veteran smiled and said: "Investment is a protracted battle, not a matter of one day or one night. You need to cultivate patience and a calm mindset, learn to accept market fluctuations, and not be swayed by it. Try to make a long-term plan and strictly implement it. The important thing is not to let investment affect your life and health. "

Xiao Bai listened and nodded thoughtfully: "Thank you for your reminder, I will adjust my mentality and no longer blindly follow the trend. "

The veteran nodded and smiled and said: "Remember, there are many opportunities in the currency circle, but health and mentality are more important. I hope you can find your own rhythm and move forward steadily. "

PS: FOMO refers to the uneasiness and persistent anxiety caused by one's absence, or a fear of regret after missing an opportunity.This fear causes patients to involuntarily fall into anxiety about missing out on meaningful events such as "social relationships, life experiences, and investment opportunities."