There are always newcomers DMing me: What exactly is FOMO?
To put it simply, it’s that anxious feeling of being afraid to miss out. When someone in your friend group shouts “Let’s go, guys!”, your hands start itching, worried you’ll miss this wave if you don’t jump in—this mindset is called FOMO.
If you stay in the crypto space long enough, you’ll notice these kinds of slang terms are everywhere: FOMO means charging in, HODL means holding no matter what, DYOR reminds you to do your research, loser is self-mockery for selling at a loss… Veterans rattle these off, while newbies are left confused.
But, that said, the worst thing is letting FOMO control you. A lot of people hear a call to buy, get swept up in the excitement, and ape in—only to get stuck at the top right after buying, staring at a sea of red in their account, on the verge of tears. “Impulse is the devil” is no joke in crypto.
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ForkThisDAO
· 18h ago
Honestly, FOMO really is the biggest killer in the crypto world—I’ve been burned by it myself.
You see this all the time: you hear people in the group giving signals, you get caught up in the hype and go all in, then end up getting wrecked at the top.
At the end of the day, it’s just greed at work. It’s an old story, but it’s really hard to avoid.
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PaperHandSister
· 19h ago
Haha, isn't this just my daily routine? Every time I get trapped at the peak.
I'm exactly the kind of person who gets hyped when I hear trade calls, and now my whole account is full of bagged positions.
Honestly, it's just not wanting to miss out, but often missing out is actually the best choice.
FOMO kills, bro, seriously.
Newbies are the easiest to get wrecked by this, and I'm a living lesson.
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CoffeeNFTs
· 19h ago
Really, every time there are people who go all-in because of FOMO and then complain about it. To put it simply, they just can't control themselves.
After waking up, there's always someone who got trapped at the top again. I've seen this move way too many times.
Rushing in just because of trading calls—your brain must be fried. Haven't you learned by now?
Just one sentence in a friend's circle and your hands start itching to trade—this is the daily life of retail investors.
HODLing sounds easy, but very few can actually hold on; most are defeated by FOMO.
I just don't get why people still listen to those trading calls—every time it's a bloodbath lesson.
Impulsiveness is truly the number one killer in crypto. So many people have had their assets wiped out because of it.
It's the most common mistake newbies make—they have to fall into the trap themselves before they learn.
Seeing others rush in and following blindly—you deserve to get rekt.
Honestly, FOMO just comes down to greed, nothing else.
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PanicSeller69
· 19h ago
Haha, this is exactly my daily routine, speaking from experience as someone with itchy hands.
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Here we go again, every time I say I won’t FOMO, but I still end up buying at the top, LOL.
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You guys are right, going all-in feels great for a moment, but trying to recover is like hell.
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There really is a lot of jargon, I still can't tell the difference between doyr and hodl.
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That last sentence hit me, impulsiveness truly is the devil, and so is my wallet.
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This article is perfect for newbies, saves you from paying the IQ tax again.
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The key thing is, the guys in the group who call the shots never seem to lose money, guess I’m just the unlucky one.
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The worst part about FOMO is it makes you feel like everyone else is making money but you.
There are always newcomers DMing me: What exactly is FOMO?
To put it simply, it’s that anxious feeling of being afraid to miss out. When someone in your friend group shouts “Let’s go, guys!”, your hands start itching, worried you’ll miss this wave if you don’t jump in—this mindset is called FOMO.
If you stay in the crypto space long enough, you’ll notice these kinds of slang terms are everywhere: FOMO means charging in, HODL means holding no matter what, DYOR reminds you to do your research, loser is self-mockery for selling at a loss… Veterans rattle these off, while newbies are left confused.
But, that said, the worst thing is letting FOMO control you. A lot of people hear a call to buy, get swept up in the excitement, and ape in—only to get stuck at the top right after buying, staring at a sea of red in their account, on the verge of tears. “Impulse is the devil” is no joke in crypto.