Bitcoin Forum

FOMO implies Fear of Missing Out. This is a serious issue when it comes to crypto trading and it has at least happened to you in crypto before because we all dont want to miss out and start regretting later. The crypto market remains young and unstable hence the price of most coins largely depends on how many people believe in their potential

How can you Identify FOMO
1. The first symptoms of FOMO is when you see so many people buying the coin and you start thinking all of them cannot be wrong. You also jump inside without doing any proper analysis
2. When you start saying to yourself you should have gussed the price would go up
3. When you start saying that there must be something about this coin that other people know and you dont know.
4. It would be silly not to try. Let’s see how much money I could make.

As you can see FOMO traders prefer to pursue the crowd rarther than sitting down and doing their own personal analysis of how far the coin can go.

There are also times that being FOMO is positive; high-risk high reward.
You entered a trade on the top but you still can profit it, just like riding along with, that's why it is a risk. It's like catching a falling knives if you enter a trade because the reason is just a FOMO.
But I saw some traders who tried to make profits on it, they entered a FOMO trade but they exit in after a short period of time or once they already in profits.

Cant blame up everyone on having that FOMO situation.Why? we are just humans and when emotions do sets in then it can hardly be stopped.

You have mentioned all of those points above but actually finding it initially or earlier phase is hard because you wouldnt know if that one is

just a fake out or just literally a bull run and of course, as an investor you would surely think that if you do miss out the train, you cant have the
same opportunity once again.

FOMO is very bad if you enter late or near the peak of the price but there is another side of the story if you have fomoed in right at the start or as soon as the price breaks out and you have accessed the situation correctly and price is growing with good momentum then you have a huge chance of making big returns. So it is about calculated risk and it is not always bad but yes most of the time people do get trapped.

Those are some good points about FOMO and how to identify it. But FOMO generally comes with a sudden change in the market.
Hence it would always be something that you can't control.

In my perspective, FOMO is bad for everybody since we can be really be stressed because of it.
We would always think about the investment and price and that will distract us in our life.
A successful trader must have the ability to be patient and should not worry if there is any FOMO.
Opportunities keeps coming and we should believe that if we didn't make it in the current market then may be we will do it the next one.

The best case is to see the price jump way too much than it should. There is really no easier method then checking the price of any coin. If you see something going up over 10% and you want to buy, that is FOMOing and you should not do it, same with going down as well, do not worry when it goes down, just buy it discounted.

People do get into bitcoin and other crypto when the price suddenly starts going up, but the reality is you should have bought before it went up. Many people keep saying "how could I know when it will go up before it does" like it is impossible to guess, but look at the price on any other day, you will see that price is not going up every single day, it is usually either going down or staying around the same prices. Buy when it is like that and only sell when it goes up.

Its easy, FOMO is here every time when big newspapers that normally do not write about Bitcoin, just write about huge Bitcoin´s growth. Then many people see easy money and they start looking for buying some cryptocurrencies. And this is the worst time for invest in most cases. Because you should do the opposite than what most do.

LOL! They cant just publish out news if it wont reflecting the current price movement but you do actually have the point because news sites do commonly wrote up into these times but just some pure presumptions and
most likely you would able to see hyping speculations floating around by those so called experts or popular person in the net which do talk about ridiculous numbers on where it do add up the FOMO thing.
You can identify it if you do have the sufficient experience towards this market.If you do know on how these things works or do exist then you would really be aware on your actions that you should made.

Sure FOMO comes when traders observe huge buy or sell activity in an exchange, that triggers sentiment. But I'm not against people having excess money and try to invest it. If such huge investment is seen people get scared.

However, doing proper research on the reason people take a huge order, it will help you to know which direction the FOMO direction is so you can wait for drop to buy low.

You said it all high risk high reward. I wont want to take that type of risk because jumping in a moving train is not worth it you can lose all the amount invested if you enter at a very wrong time. Its not applicable to only crypto trading even forex trading

I agree with this. But I believe there is no trader that doesn't undergo FOMO.

We just have to be mindful of our emotions and learn to control them.

That is why you dont want to put in your emotions while trading because you will really make a wrong decison and jump in on a moving train which is not the best thing to do at all

This is why i want to leave out my emotions. i am not jumping into a trade without  my good analysis done. I will do my due dilligence before i enter a trade

Yes.There are lot of coins that they pump and dump so while pumping a lot of people will FOMO and later it will dump. But what of coins that actually are moving up without pumping without dumping an example is Unibright. It was quiet for about a year and in the space of one month it has gone to the sky assuming you fomo for such coin maybe when it was around 0.1 you would still profit.

That is why a good research about a project is needed of the capability of the project. You just have to know that you cant know about all the good projects in the crypto space you will just identify one or two then you are good to go

Everyone is fomoing, even the experienced traders. Because, some traders and investors could actually gain profit from it.

When you see a lot of people buying, I don't think you need to make further analysis regarding what's the fuss behind the massive buy out. Again, you will FOMO.


The reason why you don't need to waste your time to analyze the situation, because If you do you'll probably buy at the peak.


That's it. Buy early to make good profit.

However, there's always a corresponding risk when you engage in FOMO.

Yes that's one of the signs that you have a fomo mentality. This is one of those psychological types that shouldn't be because it's very dangerous. This effect is only available in the crowd and inexperienced people in financial markets. And for experienced people like us, we must know how to analyze carefully before following the crowd. This Fomo effect has made a lot of people lose a lot of money, for example that's the price push of Matic of a manipulating team. when the price was x8 compared to the old bottom, the team sold out in just 2 hours and made a lot of people lose money because they trusted Matic.

Not only in crypto, fomo psychology takes place in all areas of the world. And this is the kind of psychology of the crowd, people often get lost in the direction and don't know what to do if they have this psychological symptom. The crowd is not wrong, it's just that we lost our way in speculation without any analysis. Sometimes we also need Fomo to create a new wave but I recommend everyone to learn before engaging in speculation. Analysis and planning will be two very important things to help you not be trapped by the whales.

When several users get to shill for a project sometimes it triggers FOMO to it and when the price slowly goes up, users are just looking for reasons why that they check the twitter posts of the project for there could be something.

Maybe driven by greed, some will just buy when they see its price climbing up. If you are going to be doing this, you should also be dumping when you see prices begin declining too and look for a pump and dump groups.

The first sign of FOMO is that you will noticed that a certain coin is being promoted by so called crypto influencers. It could be in facebook, twitter or any other social media platforms and it will cause this so called FOMO.  What happens next, is anyone's guess, you can join the FOMO early and then exit when you have profited already. Or worst, you believed in this project and really think that it is the new big thing, unfortunately, it's too late when the dump comes along.

Yes, there are also a good side of FOMO, but you have to be very quick to recognise that this is just a FOMO and nothing else.


Wrong analogy, bitcoin's growth has nothing to do with the FOMO in my opinion. Well if you choose Altcoin market, yes there's a lot of them just being promoted with no use case and for simply profit taking. But as far as big newspapers, FOMO should be coming from crypto related sites, or at least a websites that reported everything about crypto so that it will not be an obvious shill or FOMO. And those people who sse that there's easy money here is usually the first who got REKT.

How will you identify if there is a FOMO event in market:

Simply, the movement of the coin you are following is unusual. If there is a large volume of buyers and the price is pushing upward. Probably, there is FOMO event. Maybe, a person or group is trying to pump out the coin by sharing/promoting the coin with their followers.

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Now, if you were too late to catch the scene. Forget about that coin and search for new one. I don't believe that you can still make profits when it reached the top. One of the best example of FOMO was bitcoin ATH. If you were the person to buy the highest price and won't sell it, you lose a lot. And until now, your capital is burning.

for me to identify the market being FOMO is very easy, make sure the volume is high, there is an event for the short term,
and all channels on telegram or twitter talk about it, like what Theta did yesterday

Here i Will present you the approach of technical analysis to identify FOMO or unreasonable growth.

In the natural bull market, the price makes a new high with bigger momentum.
https://www.tradingview.com/x/oWZ0YSNJ/
See how recently we have made a new high but on lower momentum, and rejection occurred.
There is also other methods, just do not buy when everyone is buying.

Sometimes FOMO have advantages as well because in crypto market if the orices stsrts to rise then it will rise uoto certain range which coild be lor far from the previous range so if you can find  FOMO too early then you will be able to make good profits.Or simply buy FUD sell FOMO.

I think that happens in the telegram pump and dump groups because when the admin says that they will announce one or two coins in the next 2 hours, people on that channel will prepare their money to follow the pump and dump. The next thing that will happen is people will start to buy the coin at any price after they know what the coin that will get a pump. That can lift the price to the higher price for slow or fast, depend on how people react after they read the announce. For people who don't join in that telegram channel, they will see that the price start to increase so fast, and they will think that the coin will have a chance to grow, and they will also buy the coins faster before the party ends. But people who already have the coin will place their coin at a high price to make a big profit.

Unreasonable growth in bitcoin is not really rare and it is not really nonsense neither because it is not a normal regular market.

We are talking about bitcoin which is an unregulated and decentralized currency, which means people who have a lot of money, people we call whales, people who are in wall street making billion dollar deals everyday, could do whatever they want with bitcoin and there is no way to stop them. That is why I believe if you see bitcoin charts that says bitcoin should be going up but the price suddenly goes down, that is not really shocking anymore since we already know that some rich person may have sold thousands of bitcoin at a point where the price should have gone up and cause it to go down as well. All of this happened before and will surely happen again.

You actual got the point about FOMO, now what will you advice newbies out there to be aware of or let's say to take part in first before they FOMO and miss the lambo just like they do say lambo. FOMO is this one spirit or act of emotions that has happened to even the Legends in trading.

Be careful in following those telegram pnd groups because I tried following one before, and never caught the train. Only the owners of that group can have real benefit of those signals. It is always better to do your own trading tactics and not follow any of those signals or self-proclaimed trading experts. Usually, the owners will tell the info of the coin a lil bit late, when they already had accumulated their coins, so yeah, when people start buying at a higher price, they have the chance to sell theirs.

We will still be confused and ignore the opportunity if we simply evaluate it. The market is very complicated, everything must be analyzed carefully before concluding.

Your starting the fomo, not identifying it. Just look at whatever influencers are trying to say. You could see them initiating about suddenly go buy BTC, it's gonna pump soon or what not, then expect a few people to actually feel the FOMO. Other than that, most of it would be about spammers literally influencing everyone by just mass posting about bs that doesn't even have a single bit of reasoning behind them. Though tbh, FOMO's isn't necessarily negative, just that MOST of them are. A few FOMO's out there are probably life-changing opportunities, just that we ourselves have to find out how to grab that.
Telegram groups about profit, investment, TA's, future pumps or dumps are friggin just sht groups. Stop joining them, your wasting your time. They just spout absolute bs, that or take advantage of you by trying to make you manipulate the price, and them taking the benefits. They mostly do it on coins that they can ensure they can influence though. Most of those inside are either friends on the scam or just spam accounts.

True! FOMO is more about the decision that are affected by your emotions such as greedy! Those trading signal groups know that, they create the fear of missing out that makes you feel like if you don't catch the train, you gonna loose your chance to earn profit! FOMO is extremely dangerous in trading, therefore, be wise and calm!

Right, FOMO is scary is scary especially if you can't identify it. But it's quite simple to detect a FOMO. It's just all about reading the market if that pump is an irregular one. For example, If the market is not showing and indicators the it will go up and the market got pumped. It means the there's a lot of people who bought at that point which whales are one of the main reasons that happens. They do is buy it for a decent price and the market will react and people will think that the market will go up. which it does. but when the whales reached their price. They dump the market, which cause tons of people losing profit because of it. so beware. There's a lot of people who has the capability to do that.

The market is more complex than the way we thought of it. The market is moving piece by piece as we are all involve from doing it so.

What you said is very obvious. Bitcoin as we know it, it is very volatile due to the fact that it is decentralized and no governing entity that allows the entry nor the exit. Basically people could do whatever they want to it, dump it or pump it. There are just bigger players from the market who can easily impact the market in large fraction. They can easily start the FOMO, set traps along the way.

When everybody is talking about bitcoin or crypto than you know it is "FOMO" time. Back in 2018, when the prices skyrocketed, some of my colleagues were suddenly talking about it and even the local (Belgium) newspaper had a lot of articles around it. Now, the interest is again very low and not many people are talking about it.

FOMO is a lot of risk, but I have seen people who have benefited from it out of luck, because they rushed in at the earlier time before others came, and before it reaches the extent it will go before dropping, they sell. This is not a good thing to do, it’s best like the op said, take your time and analyse the market and know the right time to invest, rather than going with the crowd.

You don’t do things just because others did it, you should only do things when you have faith that it is right to do it, that way you’re more likely to succeed. Instead of buying when others are rushing and buying, it’s best to buy when the other traders are panicking and the price drops drastically, these are the times you get chances you may not be getting for long.

Following the coins that are currently FOMO and buying them in the beginning will certainly provide more benefits. But the challenge is how much profit you want to get from the FOMO. Sometimes people who are too greedy waiting for the top of the FOMO to sell it, but when they want to do sell orders, the market immediately drops and big profits are not obtained.
Mental state is important when FOMO occurs. take reasonable advantage and leave immediately.

I see a lot of FOMO coins happening because it has been planned by several groups that use people who don't understand about trading to buy the coins so they will get a big profit.

FOMO is the very risky word in the crypto trading. Most of the time FOMO will destroy your capital. Only very rear time FOMO can give you some profit if you will smart enough.

Fomo helps you to think all positive things before buying any coins. After buying the coins all thought start to going false. Thus some greedy people fall in fomo and loss the investment. To reduce fall in fomo you should do,

1. Always try to research ownself before starting trade
2. Don't follow any telegram or other social media signals.
3. Don’t follow if someone shill in the exchange chat box.
   

Furthermore, don't think that you gonna miss a chance to earn profits if you don't join! Trading with greedy and fear is not the goal that all traders wanna have! In general, developing your trading skills and controlling your emotions are the golden goals of every trader! Don't trade with emotions!

This is one reason i dont like jumping on a trades. It doesnt mean i wont make money from that particular crypto if i buy later. If i FOMO in im entering with greed. I like being patient its one of my best attribute as a trader

Sometimes you just have to move along the fomo line with good reasons. FOMO can be more rewarding as we know, the more the risk taken the more the reward. Trading is all about risk and fomo is all about risk too; either to positive or as negative. Few weeks ago I saw KAVA on Binance and did a little research to discover that they were upgrading so I went into the market and bought, few hours later the price pumped and I sold out my portfolio, later that same day the price of KAVA moved unbelievable and I lost out. How I wish I waited for the right time. 

I'm not sure about self-evaluating these four things will be helping me not to get into FOMO. Because these are not seeming productive enough anyhow to help me to avoid FOMO. Do you have any other technically findable method so that we could avoid FOMO? Simply I do avoid getting stuck into higher prices following bollinger bands; when market is trading around over bought zone, we must avoid buying.

In my opinion psychological approach against FOMO will not be effective because you will assume whatever favorable for you. Moreover getting stuck on FOMO with bitcoin investment is most common here because if you wait you will get profits out of bitcoin investment so usually people here never mind to go FOMO with bitcoin investments.

Dont worry about the FOMO, it is always there and natural reaction of some traders. Ain't saw FOMO is become a problem, IMO. For me, FOMO is just like your body telling you to place a trade, and risk isn' t knowing how to set a stop loss.

You can ride with no fear on that pump and dump with perfect timing, it a sort of like a gamble in trading. The more risk you give the more possible profit you will take. But stick only to the coin that has potential value, because you can avoid the rabbit hole of FOMO and ask yourself if you're really missing out or just an emotion.

In as much as the term "fear of missing out" FOMO is popularly used in crypto market, it is applicable in virtually every market as well investment options, no doubt FOMO is really a bad investment habbit and that's why majority of investors/traders run on losses because they seems to be investing when the market is green and the pump is in sight. I've always hold Warren Buffet's way thats say " Be fearful when others others are being greedy and be greedy when others a being fearful and this strategy has been working quite fine for me

Most times I don't jump into a moving train but when the coin has great fundamentals, I just jump in, and with my 2 eyes open should there be a price reversal and I don't buy coins that have excessively moon it can be suicidal. For Bitcoin, I can do any FOMO and still will be safe.

When I was a newbie back then, I’m actually sold to Bitcoin FOMOs (especially ICOs). It’s why I have diversified to buy BTC and some other coins in various ICOs in order not to miss the FOMO moment.

Now that I have learned the hard way, I would rather change my mindset to a long-term holder. Like I do not care if the price plummets anytime, because I always know that the price would go back up again. If I want to buy more, I always hope for the price to take a nosedive and reach support level based on instincts and analysis from the other traders.

The market is so unpredictable right now, and I don’t do FOMO anymore. If I want to invest and trade in a certain project, there are many factors that I need to learn and analyze, and to make sure that I’ll be having a long-term mindset of the coin or token.

FOMO can be triggered anytime, things can't be explained. Should we need to stop FOMO and not get into it? I hope everyone could master this thing and outplay the said FOMO.

https://www.psychologytoday.com/us/blog/stronger-the-broken-places/201501/10-ways-overcome-fear-missing-out

People who usually ride on the market during the bullish will something got into FOMO and sell their coin immediately. That's usually it happens to an emotional trader and likely to keep thinking about worries ( what if?).

FOMO often happens for those who do not do their own research or analysis on coins to be traded. But for those who always do analysis first, we can prevent FOMO by not being careless or in a hurry. In trading, you need to be relaxed and calm, don't panic.

I my opinion 'fear of missing out' starts when more and more influencers talk about cryptocurrencies on online streaming platforms such youtube,twitch etc.

There's the problem, many people talk about crypto, but crypto is not one coin! There're many coins, tokens, platforms, you name it... and after some time you find that it's perfectly natural to miss some good coins, some tops where you could sell and make huge profit and buy back again when the price drops.
Crypto is so big that even if you want you can't be involved in every project, you can't have all the coins. Simply it's too much, too many wallets to organize, to many things to follow, the price volatility. When many people speak about some project it's good, that can be a good motivation for you to check that project and if you find it attractive for investment just do it and hope for the best, but never believe blindly in anything, is it a group or a single person, do your own research and make your own decision.

If one is particularly susceptible to FOMO then let me tell you that having this ideology is bad. The reason I think this is that not only you'll be bad for trading but  liable to anything else based on erratic changes. Its a difficult one to come out off but it is possible, and the way you can do that especially in trading is to train yourself, and only chose projects/platforms or whatever you're involved in where you are 100% certain that that is the right approach for you. In this way you can at least think that you did the best you could at the time and not have your brain overanalyse things for you -> FOMO.

As long as you do your research on any project you want to invest into (or a big coin) you can't fall for FOMO. FOMO is when price goes up too much too quickly and if it is going up that means you should not be buying. If you think the right moment to buy something is when it is going up, you should not be in the trading world neither.

The right moment to buy something is when the price bottoms out, now you may not know when is the bottom so you may purchase at a wrong price but that is fine, however when it is going "up" that means it is not at the bottom is it? It means it is literally the opposite. So, that is why if you want to stay away from FOMO all you have to do is stay as further away from increasing coins as you can and take a look at bottomed out small losing ones.

As the crypto money markets are more active and volatile than other markets, I can say that the investors here have made more panic decisions. Especially in case of a possible positive environment, many small investors are acting with the fear of missing the opportunity and as a result of this situation has been damaged. It should not be forgotten that there are always opportunities in the crypto money markets and it is not possible to catch all these opportunities. For this reason, instead of pursuing the immediately occurring opportunities, we should be careful to act with the right moves by identifying the right opportunities instead of losing to FOMO. I repeat, the opportunities never end in the crypto money markets, so do not be a victim of FOMO while trying to evaluate every opportunity you see.

Come to think even on bitcoin itself, lots of people do get caught on the FOMO thing.Its still hard to spot it out even if we do rely into the most trusted nor supported coin here on crypto.
Always put up in mind that sudden big rise up in price would really give that doubt in mind that you should really taking off or selling for profits rather than considering on buying
just because you dont like to miss it out.In most cases then people who do have this kind of buying behavior will surely end up on getting stucked on holding when the price
had crashed down to the opposite path.

FOMO are mostly happening in newbies because they can be easily lured by those coins that have made significant surge even in a short period of time and without doing proper analysis. Emotions are our best enemy in trading and if we do controlled by it, we cannot do anything good in trading but mostly fall into losses.

The beauty of FOMO is that to rock the situation it will be enough to create the right news background.  
This is a favorite technique of scammers that simulate various distributions of coins on behalf of media persons and large YouTube channels.  

Ordinary people fall into a completely obvious trap, pure speculation.
Imagine what will happen to people if real market movement joins the news background.  

This is how whales make money.

I agree with the 4 points mentioned in the opening post about identifying FOMO, and sadly, I am among those who have
do it. Therefore, when trading we must be able to control emotions, so do not be influenced by others. Actually if we are
can be calm and not easily panic FOMO can be avoided, but sometimes human forget themselves.

Being calm sounds too easy but when you are on the actual situation then it would already be hard for you to control ones you are there but

somehow with due experience you would eventually be aware if the price is already on the FOMO side.Profits will vary on how you do act with it.

This doesnt only affect newbies but even veteran ones due to normal human instinct and being too emotional.I can say such thing yet i've experienced still these kind of scenario
in spite on having that sufficient awareness on how market works.

It all matters on how you do handle out and be cautious into your actions.If you do see that the price is already at its peak then why would need for you to buy or position in?

The hype is very powerful and that can affects the emotion of every investors. If FOMO kicks you in, then it will be hard for you to get out of that trap. I experienced this one and the result is bad since I lost all my money because of FOMO and besides its not really good to buy during pump. Don't FOMO, just know when to buy and sell and you'll be good.

These are the people who already made a research they knew that this is FOMO and will not last long, they next an exit point before the dump begins and once they exit in profit they never look back, some do this in new coins market, every new coins are hype for people to perceive it as the next FOMO.

FOMO is happening if the particular coin is starting to increase consistently. Without doing any research we buy and go with the flow hoping to make many as well like others.

It happened to me few times when im still new here. I thought its a good decision since others are doing it too, but the problem will occur right after you buy when the coins you bought started to decline and you buy yours at peak price. Its a lesson learned for me, thats why its a must to understand the market and the coins you're going to buy.

Fear of Missing out or FOMO is one of the factors that many people would like to tell to the newbies to avoid because some of the traders want to make trades every time but not all the time FOMO is a mistake because sometimes it brings a good impact this is like a profit if you got the right market which you think will give you a good market income. If you are just a person that likes scalpers or people who made a trade for over three above every day there is a chance that you are doing a FOMO too because you always grab the opportunity to make an income as soon as you see there is a market movement on the coin.

I'm a trader which is usually being a FOMO because I have a daily quota need to satisfy my income which is good because most of my trades get an earning but I'm not telling that all of those trades are wins but the end of the day profit is the matter.

I am guilty and always FOMO in my trade but in a good way, I usually do a leverage trading so if I see a certain coin that is pumping then, that is really a good opportunity to scalp and ride the pump, even thought I am slightly late I still make a decent profit by riding it and having a 20-50 leverage in my trades. FOMO is bad if you have no idea of what you are getting into, but if you are knowledgeable about the market I am sure you can take advantage of it.

Just like those who bought Ripple at ATH of $3+. I bet they still regret it till date because we don't know when or if Ripple will ever recover to that level again. Well, this isn't to take anything away from FOMO and the good side of it. I have been caught in it too, on the wrong side . But I think am wiser now unlike the newbie days. From hindsight I have come to know that the best move is - buy only into coins with utility even if they aren't hyped and be ready to sell off once other traders begin to rush in.

These are some basic rules to follow again so as to avoid FOMO. Have experienced fomo before and till today have not gotten even the capital I invested back. I’m waiting for the coin to go back to the selling price

The famous bull run of 2017 I went into Verge and Tron at their peak and invested a lot I’m still trying to recover I’m waiting for them to even go back to the present price I bought as at that time I knew nothing about trading I just found out they were good project and bought them till it started dumping

Do you still believe that it will go back to its price? Have you seen any movement on that coin or developments? If the dev already abandoned that coin, there's no miracle to revive it back. I had an experienced also with one coin, I bought it for about $300 at that time, but when it got listed, it went down fast, so I waited and waited and waited. Unfortunately, the exchange got hacked and now it is under Untracked listing in CMC. Not hoping that it will miraculously recover as no more updates from the team and all their links are already dead.

Like especially in crypto trading you can escape fomo it was when I got into crypto at first It happened to me I’m still trying to recover from it

I believe in Tron and Verge I know they’ll perform perfectly well I want to buy more soon. It’s a good price to buy now

This doesnt only limit out with Ripple but in all coins that do reach up into their ATH wayback in 2017 and to those people who do bought coins into those peak times then

they do still end up on holding as of this moment or the worst they do panic sell and even repeat to buy on lower price but not actually on the bottom point which do end up

on the same scenario just because they do believe that they can retreive or break even on what they have lost.FOMO is hard to detect out since price can shoot up without stopping

into a known point thats why its wise to sell out when you are already on profits, dont ask for more!

It can probably be seen where the peak is by watching the BTC/USD market itself. Once it's not trying to break another resistance for more than a week its a sign that the price could also drop. RSI overbought level will be seen.

Its harder to identify the peak of its price when its just recently listed to exchanges. And I think the FOMO for this COMPOUND coin is high and you can understand the reason behind its tech.

Yes, they are good projects. Don't be dismayed. Keep holding them and don't sell off cheap as there is soon to be a turnaround for great coins like those. Remember, the halving of Bitcoin will cause price to appreciate for Bitcoin and once that's done, altcoins will also experience a great run. This year and next, expectedly from history, should be favourable years for the cryptocurrency industry.

So true!

Lol... This is a difficult advice to stick to. The reason being that we may truly not know when it's too much to take profit.

This is not always a sign of FOMO. Sometimes stocks are popular due to something going on, like Tesla was because it was launching a new model.
You buing without proper analysis is not a sign of market fomo, but your own.
This would mean that Bitcoin is in a constant state of FOMO :D
Again not market FOMO but your own.

This is a reason why you want to understand how trading works and not buy when price reaches the pick. Even when you know about trading there are some times your emotions come to play and you FOMO in. But nonetheless you need to understand how trading works

Some coins dump and don’t even go back to the price you bought it anymore so it’s a very risky situation. When you’re buying a coin at its peak you should know you’re taking a risk

Indeed, for Fomo itself is very risky for people who really do not understand that ... there are some actual points that can be obtained for Fomo. we can get a moment for profit that is fast enough with the risk that we will get stuck at the peak price. but all can be done analysis and also correct management. during this time I can benefit from strong hype but also have experienced losses. such things are common in trading.

Fomo can be seen from the trading volume on the coin,
if the volume looks a little and suddenly rises dramatically then it's FOMO

Well, when you fear that you are missing out, you got it! :D. All jokes aside do not think that you are ever late, do not jump into anything because you fear that if you do not jump into it right now you are going to miss a lot of money.

The thing about investment is, there will be more opportunities in life, there will be plenty of times when you will make more money than you usually do, in everyone's life there is this period where you earn more money suddenly, could be gambling, could be luck, anything, and there are times when you do one good investment and one bad investment. So just take your time, it will happen, you are not going to miss life just because you are not investing into that one thing you fear missing out, let that be and focus on something brand new and you will find it.

In my opinion, identifying FOMO is seen when there are coins that are in high demand for no apparent reason, then many people buy
without do an analysis first. If FOMO happens it can be very dangerous, because there will be a bubble and this will make many investors
buy at the peak price. This FOMO often occurs in cryptocurrency, so before investing in cryptocurrency, there is a good thing do research
and analysis first.

You literally can't do any personal analysis when it comes to fomo because you'll miss the opportunity. It gives you least time in order to see if the crowd is already buying it more and more or not. But the thing is, setting up a limit buy order or jumping in quickly are the major factors playing an important role here. Even if you hold patience and set up a limit buy, chances are you may get it filled with an immediate dump and see a good rise again while making some extra percentages rather than buying it quickly at its peak as you'll lose greatly in the end. Never go all in during fomo.

Added to that usually the hype is created by social media so when you feel like you should invest into something but the only reason you feel is peer pressure or posts from social media then actually sit back and re-think that will help!


Very true because FOMO makes the mind think into a cycle that revolves around what if I don't invest and what if I invest but the truth is that there will be countless opportunities if even you don't flow with the FOMO and buy the coins.

Actually this all depends on mindset, a good mindset would always think like a trader and make value decisions while a over-excited mindset would be that of a gambler who just feels like, if he thinks Federer is gonna Wimbledon then he will just bet his house on it just because he doesn't want to miss out.

Hardest part is that you cant make any analysis or research because having these FOMO situation is really unpredictable and you can only spot em out when the price is starting to cling up
on big percentages.

You cant have sufficient time if this one would be worth to join the wagon or not. All things are unpredictable thats why lots of people do get caught by Fomo and do end up on holding
their coins for too long.

Sometimes your guts do tell you that you shouldnt really make steps since the current price is already into is peak.

Fear of missing out (FOMO) is actually a trait that is common to everyone. FOMO often occurs when you invole in group of traders that dicuss about pricing of coins and when the force of FOMO stricks, a lot people often jump on the wagon without doing there due diligence and one thing i noticed about FOMO buying, traders do buy at the top when there's a FOMO and after a short period, the price will start falling

I think when people are saying "HOLD", it sounds like a FOMO to me as when we are all holding the price will significantly rise if there's some hype.
Based on my experience in the last bull run which I believe there was a FOMO, I could have sold my altcoins with some good profit but I choose not to because of the word "HOLD", still I'm on "HODL" though I feel there's a very slim chance my holdings will recover.

Depending on the perception since we do have different approach into things. FOMO(Fear of missing out) do commonly happen when the market is rising in tremendous percentage in a short span of time.
Just like what happened with bitcoin is mooning in late 2017 where everything does really have the feeling on investing all they can since they do saw the market will really give out big profits to them but eventually those hopes been crushed when the market dumped or crashed hard to the floor which do make those people still holding nowadays or even sell out in loss earlier.

Of course I agree with you as what I shared was just based on my experience.

The nature of the market makes has hard to predict, it's very unpredictable so we are just here making our own prediction.
We maybe even be wrong in identifying the peak and the dip, so it really depends on personal perception that's why there are some who lose money and some who make money, that's the game here in crypto.

Those emotional traders are prone to this kind. What they feared about it lost their chance but they'll never think the consequences it returns to them ( and obviously most are regrets). I don't know who created this thing but I was thinking for the crypto whale's participation. This is actually a trap for those individuals who want instant returns but unfortunately, this will only give them regrets and disappointments.

That is why I don't follow hypes nor to listen to trading signals. What actually they are doing is to create a market drama that will catch the attention.

But on a positive side, I usually have a feeling that when everyone is buying something that their is some solid reason and it is not the worst idea to go with the public with investment and trading actually.

I liked your points overall but actually FOMO can be good in certain cases, I still remember when ethereum came into existence a lot of guys suggested that ETH would be the next big thing and I was one of the guys who actually used to invest money in various projects and I actually thought ETH is a bubble and fake marketing is being done to create FOMO .. now I regret if only I trusted the FOMO.

Fear of missing can be good or bad based on what it is based on and what facts support your fear. A friend of mine invested around 17k USD just before halving as he was expecting crazy returns but the returns haven't been bad either anyways so those type of fomo are actually good because sometimes you think too much and fomo will help you clear those doubts.

But in most cases fomo will only lead to loss not because you made a wrong decision but because you made a forced decision and traders should always invest where they see facts and reason behind investment. Anyone who makes trades emotionally is never gonna get any success in long term and is nothing more than a gambler actually.

I somehow disagree with your statement here considering the fact that there are very very few channels that give you the correct trading signals (some don't even give signals but insights) and the rest are just to create chaos in the markets while they just make money selling on their followers' money. Whatever has been in the making these days is adding more FOMO kinda situation nowadays and people literally don't care giving a damn to researching about what they're going to invest in, but they just see something moving and FOMO in. It's not something bad to FOMO in but the time to get out from that coin is what matters the most.

But basically it's just the same as producing panic buying because it is the scenario about the drama that keeps more people out of control and FOMO continues to increase. No wonder when they become FOMO because when prices are high they only think it will generate profits, because at the same time they are not aware of the decline that will surely occur in this crypto market when they have reached high prices.

It is never good to buy when the price is going up and thats how to maximize the bear, buying at the bottom. Some fomo may come with news, investors interest, product development and partnership, if the volume prove the high purchase of coin then the cause of FOMO could be find out. Take the risk early and small in Fomo. Fomo may not end well but it is a good form of product's awareness in the space.

Yeah, that's why I said that the time to get out of the trade is what matters here as in most cases, those who FOMO'ed in, do it when the price rises just around 10-20% and they have got higher chances of gaining some good profits compared to those getting in when it's already high at around 50-100%. The buy side gets exhausted and that's when you need to start getting out of your position immediately because you rarely get the chance to sell during the exhaustion period.

The question is you wouldnt able to point out on what percentage you do able to get in in the market. You cant spot out that you do able to buy in 20% rise or some sort
because theres no such way on knowing the precise time you do able to get yourself into the hype or fomoing market.This is why its really hard to deal with it and
be sure on making yourself not able to become greedy in this kind of time. Always set goals and percentage profits and never go beyond with that and thats the way you can utilize of
on a fomo'ing market.

FOMO somehow had helped traders like me.  I could get a little profit because I jumped into the market immediately I feel others are buying a certain coin, but the end product of FOMO is luck. FOMO helps at the same time fails, so a regular and proper market analysis need to be carried before entering market to fight FOMO. 

That first point though; not every time that you see a lot of people are buying the coin means that there is a FOMO/FUD.
There are even times that a coin will fall, and when you check you will notice that there are still many people buying that coin than there are those selling it.

In a way, you might be right about this, but not hundred percent. And moreover there are time you will even FOMO and still make huge profit, you took the risk and you’re lucky. And as for the second point you have made which is similar to the other two; our mind speaks to us at all times, so it can tell you anything at any time.

   FOMO is when you see promises about the rise of some coin! Big words from all side about the project and project capabilities
in the future. There's nothing except promises about what can happen in the future, and we see that here on forum how newbies
create threads, everywhere on Twitter and Facebook. Many people talk about it, but without evidences, those words are not backed
up! It's FOMO, and if you buy it will be probably on top, while the ones who created FOMO are selling in that time.

As long as you know the target that will be reached you're find if you buy a coin based on some rumors or some information that spreading. Even, I'll say it as a great time to entry or to sell your investment because I heard many people out there say buy the rumor and sell the news, it mean when the news come you have to prepare that you have to know what price that should you sell your coin. You can use a tool to measure it like fibbonaci or etc and it works to me. In a few day I'm trading cardano, although I buy the cardano when its price is up I still got the profit because I know where the price will go. So, FOMO is not always negative, depending on your perspective in seeing it.

Honestly best case for me right now is actually take a look at how the price moves and why it moved.
If you know the direction that is not enough, sometimes it goes up but you don't know if it will continue to go up, or maybe it will drop down, I don't really know. So, direction is one part, you also need to know how much it will go up and why it is going up. If you can figure out those two that means you can find out what is causing it and if you should get in or not as well.

So, this means that you should always study the movements, you can't just take a look at the movements and assume that it is good enough, that would lead to buy every time a coin goes up and it will result with you losing a ton of money, which is why you should always research everything.

Who says you can't know that? Yes you can, but it takes a bit of time. You can just use your brain by watching only lower timeframes on charts such as 15m, 30m, 1h. These will show you that from where it started to spike and you can easily calculate the gains by just subtracting the current value of the token with the value it started going up from.


Nothing is too hard if patience is kept at that time because if you've set a rule and have your instinct saying that the price won't cross above 60% and you bought in when price was already showing +20%, then I believe you shouldn't even wait for +60% but should get out of the trade at +50%, which will make it around 25% profit for you. You should get out of the trade earlier or else FOMO will just kill the opportunity to even break even when it starts falling and you keep hoping.

You really nailed it, FOMO is one thing that keeps flying around in virtually every investment option especially volatile ones such as crypto investment where there's probably for a quick price swing. Often atimes, FOMO dosen't go well and everyone must try to avoid it because making due diligence about trades contributes greatly to profitable investment

This is would like to emphasize how risky thing is a crypto investment. We have that volatility and it makes a reason why FOMO gets started because we all not have of the same mindset, things to accept that many crypto holders and investment are in weak hands, doubtful individuals that in every change of market trend they minds will also change.

We can't certainly avoid FOMO and pass through it because we like it or not, people will still get hit on that. Maybe I or even you, we all that possibility especially we don't know what it happens next and that changes are also inevitable.

I agree,  FOMO is one thing that can hardly be avoided in this space no matter how careful you might seems too be because if you are too cautious of FOMO amd you can't all ties with it, you'll definitely miss out on great market opportunity such as hypes and dumps. One can avoid both FOMO and emotions for so much but frankly speaking, those to contributes greatly to profitable trading as tgey help keep one in chect and alert on the market trands

you can avoid fomo because you are the one that control yourself and not others not unless you are the one that creates the fomo or the master mind . i never join the fomo my self but i just watch them , i only move on my own and never regreted anything .   fomo is bad because its simillar as manipulation , you will only help the master mind of the fomo to do what he wanted to do  . its like we are a slave to them , you guys want that to happen ?

It takes a wo/man years of experience to be able to do this and then stick to it because the FOMO wind is a strong one. Otherwise you would be caught in it through reflexes. However, we can always look on the bright and positive side to FOMO (that's what I do), it's not that always bad to follow the tide. Just don't be caught in the web. Go in early and then run when others continue to scream "buy more, buy more"