$ 67,680
$ 2,197.2
$ 0.9990


FOMO, an acronym for “Fear Of Missing Out,” describes the anxiety or apprehension one might feel when missing out on a profitable opportunity, especially in the context of investing or social events. It’s the fear that others are having rewarding experiences from which one is absent.


  1. Anxiety-Driven: FOMO is often accompanied by a sense of unease or anxiety about missing out on something potentially significant or rewarding.
  2. Decision Influence: It can influence individuals to make impulsive decisions, especially in investing, where people might buy an asset without proper research just because everyone else is doing it.
  3. Social Media Amplification: The rise of social media has exacerbated FOMO, as people constantly see curated highlights of others’ lives, leading to feelings of inadequacy or missing out.

In the Context of Investing:

  1. Impulsive Actions: Investors might rush to buy a stock, cryptocurrency, or other assets because they see others profiting and fear missing out on potential gains.
  2. Overvaluation: FOMO can drive asset prices up beyond their intrinsic value, leading to bubbles.
  3. Potential for Losses: Making investment decisions based on FOMO, rather than careful analysis, can result in significant losses if the asset’s price corrects or crashes.

Real-World Examples:

  1. Cryptocurrency Booms: Many investors, especially new ones, rushed to buy cryptocurrencies like Bitcoin during its rapid price surges, fearing they’d miss out on potential profits.
  2. Stock Market Trends: When a particular stock or sector becomes trendy, FOMO can drive a rush of investors, pushing prices up quickly.
  3. Social Events: Outside of investing, FOMO can relate to social events, like seeing friends at a party on social media and feeling left out.

Overcoming FOMO:

  1. Research: Before making investment decisions, conduct thorough research rather than following the crowd.
  2. Limit Social Media: Reducing time on social media platforms can help decrease feelings of FOMO.
  3. Mindfulness and Reflection: Recognizing and understanding the emotions driving your decisions can help in making more rational choices.
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,680 0.17 % 2.66 % 3.08 %
Litecoin85.88 0.17 % 0.63 % 4.66 %
XRP0.5302 0.02 % 0.27 % 2.61 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
Solana169.37 1.35 % 4.71 % 4.41 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %