Why FOMO when a coin is pumping

[andriarto]

Because they feel there is an opportunity to be exploited when there is a big fomo in the market, that's how it has been for a long time, of course all of that is done for short gains, even though most of them will suffer losses.

those who suffer losses are usually those who are greedy wanting to get even bigger profits, without them realizing that the market can experience a dump at any time, so many experience disappointment in the end. therefore it would be better if we are disciplined towards the initial goal to take short-term profits when fomo occurs

[jack wira]

When we play in the crypto world, of course what we are looking for is a profit, so why do some of them do fomo?  I think maybe they have high hopes that they will get double profits, even though it was just a temporary bull run.  even when the price goes down they sell it,
 By reason of fear of losing their money even more.

[Impala8_]

I got a FOMO, so I have invested in Xfinite (XET) - an entertainment ecosystem that aims to introduce the next generation of digital media. The platform has developed new solutions to cater to modern customers by re-establishing parity between digital content producers, viewers, and publishers.

The project focuses on tapping blockchain technology to develop new use cases in the media industry. It has integrated blockchain-based solutions on Algorand to foster data-driven engagement, customer experience, and viewer-based rewards innovations.

I think it has all chances to be pumped.

[tabas]

When we play in the crypto world, of course what we are looking for is a profit, so why do some of them do fomo?  I think maybe they have high hopes that they will get double profits, even though it was just a temporary bull run.  even when the price goes down they sell it,
 By reason of fear of losing their money even more.

Not only doubled profits but more than that and it is why many are fomoing when there's a pump. The thinking is that it will be an unstoppable race for that specific coin that's pumping and everyone can enjoy the ride but in reality, it's not like that.
And those who have bought late, they're the ones that will regret so do not do the same mistake just as you did before because me, I've done that before and now thinking many times before going fomo.