đAbbreviated by the phrase Fear Of Missing Out, FOMO is a psychological effect in which people who have it are often afraid of missing out on opportunities.
For example: BTC is pumping strongly from $20,000 to $20,100 and then $20,300 in a short time. FOMO people will think it will go up even more. FOMO Long BTC entered at $20,300 and then BTC immediately turned back to 20,000 or lower > account burned.
đ„If the market fluctuates strongly, you should ignore it, stay outside and watch or go to sleep.đ„
