FOMO
“Fear of Missing Out” — the feeling that makes traders buy too late when prices are already pumping.
FOMO stands for Fear of Missing Out —
that emotional rush when you see a coin’s price skyrocketing
and feel you must buy right now before it’s “too late.”
It’s one of the most common mistakes in crypto trading and investing.
FOMO can lead to buying at the top, selling in panic, and losing discipline.
Why it happens
- Social media hype and influencer posts 📈
- Friends bragging about profits
- The belief that “this time is different”
How to control it
- Stick to a plan or strategy, not emotions.
- Use limit orders and DCA (Dollar-Cost Averaging) instead of chasing pumps.
- Remember: opportunities come every week in crypto.
💡 Lanzo Tip
If you feel emotional while trading — step away from the chart.
FOMO fades, but your capital doesn’t come back if you chase it 💭