Fear of missing out( FOMO) is naturally inherent in the minds of investors but what differs in investors is discipline and due diligence. Bullrun will always come along the line but can we take out FOMO out when it comes around?
If you are able to take FOMO out of a investor then he will never rush to investing and then it will be reflecting in delaying bull run. I mean to say only due to the rush of investors, we are having strong bull run and when investors are not having FOMO then there will be no sudden rush for catching the cheaper prices hence if you take out FOMO from investors that will lead to negative consequences.
there is nothing you can do to change this attitude. all you can do is to learn from their mistakes and not repeat them yourself.
But we cannot ignore the basic fact of trading, when someone is selling, the other one is buying. So we need all types of people so that we will be having a balanced the market condition. For example, when everyone will be holding that will lead to a bigger bubble and when that will be bursting out, most people will be booking losses that is the reason we are having bubbles time to time just due to having irrational people.