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Crypto Glossary/Fear of Missing Out

Fear of Missing Out

Known as FOMO, it denotes the behaviour of market participants when they impulsively purchase digital assets due to fear that they will miss out on the prospective gains.

In financial markets, when an asset makes significant gains in a short period of time, individuals on the sidelines may start experiencing the fear of missing out, or FOMO, which leads them to take impulsive buying decisions without considering whether the asset in question is overpriced or not.

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