# FOMO: The Most Addictive Psychology in the Crypto Market
Have you ever seen a coin suddenly soar and then regretted not buying it earlier? That's **FOMO** (fear of missing out) at play.
In simple terms: FOMO is the mentality of seeing others making money, getting anxious, and rushing in without considering the risks.
**Performance in the crypto market**: - Seeing a certain meme coin (like Dogecoin or Shiba Inu) take off, newbies rush to buy in. - When I saw the comments on social media saying "this wave is going to take off," I felt FOMO. - Conversely, seeing the call to "quickly sell" will also scare people into following the trend and dumping due to fear of missing out (FOMO).
In simple terms, **FOMO is the main driver of price fluctuations in the crypto market**. It drives retail investors' buying and selling decisions, creating price volatility.
But remember: FOMO is a trap. Watching others make money and feeling envious, jumping in is most likely just being a bag holder. Rational investment is the right path, do not be led by emotions.
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# FOMO: The Most Addictive Psychology in the Crypto Market
Have you ever seen a coin suddenly soar and then regretted not buying it earlier? That's **FOMO** (fear of missing out) at play.
In simple terms: FOMO is the mentality of seeing others making money, getting anxious, and rushing in without considering the risks.
**Performance in the crypto market**:
- Seeing a certain meme coin (like Dogecoin or Shiba Inu) take off, newbies rush to buy in.
- When I saw the comments on social media saying "this wave is going to take off," I felt FOMO.
- Conversely, seeing the call to "quickly sell" will also scare people into following the trend and dumping due to fear of missing out (FOMO).
In simple terms, **FOMO is the main driver of price fluctuations in the crypto market**. It drives retail investors' buying and selling decisions, creating price volatility.
But remember: FOMO is a trap. Watching others make money and feeling envious, jumping in is most likely just being a bag holder. Rational investment is the right path, do not be led by emotions.