FOMO (Fear Of Missing Out) is an expression that describes the feeling of fear of missing out on something important or an opportunity that other people may be experiencing or taking advantage of. In the context of investing and the cryptocurrency market, FOMO means that investors may make quick decisions to purchase assets such as Bitcoin or other cryptocurrencies due to the fear of missing out on rising prices or large profits. FOMO can be dangerous as making decisions based on emotions and following the masses can lead to rash investment decisions and losses.
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