Do you ever JOMO?

[Ahli38]

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

I've experienced it several times. and even that became a nightmare for me. but I just found out that this term is JOMO.

I just recently bought a token called MetaSims on the Bsc network.
chart looks healthy for some time even looks very positive. and I decided to buy it. but when I wake up in the morning. I was surprised to see the prices have fallen completely.

maybe someone else is buying this token here.

really very annoying and frustrating. because the project looks good and there is no sign the price will be rugfull

[ethereumhunter]

The worst ones are scams right? Like they do rugpull when you imagine they would be doing something great. I saw a project that was basically a copycat of pancakeswap last year, and it was offering both what pancake was offering but some new features on top of it, and I liked it because those features would have made it so much better.

What happened? Of course, they didn't those features, it was all a lie and they just rug pulled by selling all the tokens they had and got away with it. Not that too much happened to them, as far as I know they got away with it and just live a rich life right now whereas we are talking about thousands of people losing that money and I was one of them unfortunately.

Yes, too many platforms fool people by copying what other platforms are doing. And sadly, people don't do their research before they join the project and it costs them various amounts.

It seems that if we are in such a situation, we better go back to what has really worked well before and that will keep us from being scammed, which can happen at any time. That way, we can minimize the risk and try to make a profit.

[so98nn]

These days I’m missing it all the time. I have two mining rigs set up and I keep mining RVN coin to overcome the difficulty of mining with my small cards. Since my cards no longer support ETH I switched to RVN to get more profitable mining.

However, there was time when RVN was trading at pretty $0.15 and it was the most profitable time for me to sell and recover the investments.

Unfortunately that times gone and the RVN price is now mostly fluctuating in between $0.04 to $0.06 USD. I completely understand the whole market is down right now and it’s bleeding.

But as of now it’s JOMO for me.

[Emitdama]

I've experienced it several times. and even that became a nightmare for me. but I just found out that this term is JOMO.

I just recently bought a token called MetaSims on the Bsc network.
chart looks healthy for some time even looks very positive. and I decided to buy it. but when I wake up in the morning. I was surprised to see the prices have fallen completely.

maybe someone else is buying this token here.

really very annoying and frustrating. because the project looks good and there is no sign the price will be rugfull

I think you completely miss understand what he was talking about. It was not about buying and then the price dump but it was when your planning to buy but it didn't happen for some reasons and then the price of the coin that your supposed to be buying got dumped. You will have an expression something like this >... "oh god, good thing I haven't bought that token ".

I don't wonder anymore why you always lose because you're doing the wrong thing all the time. You only look at the charts but you didn't look for the other details if the coin is really trusted or not. All here are experienced people and won't just easily buy a new token like that.

[Ahli38]

I've experienced it several times. and even that became a nightmare for me. but I just found out that this term is JOMO.

I just recently bought a token called MetaSims on the Bsc network.
chart looks healthy for some time even looks very positive. and I decided to buy it. but when I wake up in the morning. I was surprised to see the prices have fallen completely.

maybe someone else is buying this token here.

really very annoying and frustrating. because the project looks good and there is no sign the price will be rugfull

I think you completely miss understand what he was talking about. It was not about buying and then the price dump but it was when your planning to buy but it didn't happen for some reasons and then the price of the coin that your supposed to be buying got dumped. You will have an expression something like this >... "oh god, good thing I haven't bought that token ".

I don't wonder anymore why you always lose because you're doing the wrong thing all the time. You only look at the charts but you didn't look for the other details if the coin is really trusted or not. All here are experienced people and won't just easily buy a new token like that.

Oops, it turns out I misunderstood. Thank you for explaining with clear examples.

well... you're right, I'm still a beginner and still immature in analyzing newly released tokens whether it will be a scam or not. because if an expert is definitely not going to be hit by a rugful token scam. but from this incident I became more careful by doing a more thorough analysis.

[yohananaomi]

Sometimes JOMO is the perfect solution to disconnect from everything. Forget about crypto for a period. It is indeed especially important to enjoy life and treat yourself other than crypto every once in a while.

If you want to escape FOMO, then JOMO is the answer.

if you already have a handle and can provide sufficient for every thing that will be done for daily needs, so you really want to release fatigue from all connection activities from everything. Of course it is clear that the action for JOMO is understandable and acceptable because it will not make it difficult for oneself.
but we know that many also live from connection activities not only with crypto and cannot escape from FOMO.
JOMO is one of the best ways to overcome FOMO, releasing the fatigue of connecting with trends.

[Oilacris]

The worst ones are scams right? Like they do rugpull when you imagine they would be doing something great. I saw a project that was basically a copycat of pancakeswap last year, and it was offering both what pancake was offering but some new features on top of it, and I liked it because those features would have made it so much better.

What happened? Of course, they didn't those features, it was all a lie and they just rug pulled by selling all the tokens they had and got away with it. Not that too much happened to them, as far as I know they got away with it and just live a rich life right now whereas we are talking about thousands of people losing that money and I was one of them unfortunately.

Yes, too many platforms fool people by copying what other platforms are doing. And sadly, people don't do their research before they join the project and it costs them various amounts.

It seems that if we are in such a situation, we better go back to what has really worked well before and that will keep us from being scammed, which can happen at any time. That way, we can minimize the risk and try to make a profit.

Not all would really be having that kind of mindset but instead they do really love on trying out something new thats why they do really make out such deposits even though the reputation is still

questionable.So its up to someone whether they had accepted the risk on losing their money once they do make out such step.IF you do love to play safe
then you would really be sticking to buy on established coins and if ever it would dropped they do really still mind off about long term aspect.

[sayaya17]

Sometimes JOMO is the perfect solution to disconnect from everything. Forget about crypto for a period. It is indeed especially important to enjoy life and treat yourself other than crypto every once in a while.

If you want to escape FOMO, then JOMO is the answer.

if you already have a handle and can provide sufficient for every thing that will be done for daily needs, so you really want to release fatigue from all connection activities from everything. Of course it is clear that the action for JOMO is understandable and acceptable because it will not make it difficult for oneself.
but we know that many also live from connection activities not only with crypto and cannot escape from FOMO.
JOMO is one of the best ways to overcome FOMO, releasing the fatigue of connecting with trends.

Usually people who are JOMO are people who are already financially stable, they are able to meet their daily needs well. Therefore they will not panic
with anything that happens in the market. Especially if the market is suddenly bullish it won't make them FOMO, because their main target is usually
long-term profit, so whatever happens in the short term does not affect them. As you said in the end JOMO is the best way to overcome FOMO,
but to be able to become JOMO of course we have to go through a long process and experience FOMO first, the conclusion is that experienced people
are more likely to be JOMO. JOMO will make us feel happier in life, because we are not burdened with the volatile crypto market. Because we only focus
on collecting Bitcoins until we reach the target we want, we will get big profit when our target is reached.

[yohananaomi]

Sometimes JOMO is the perfect solution to disconnect from everything. Forget about crypto for a period. It is indeed especially important to enjoy life and treat yourself other than crypto every once in a while.

If you want to escape FOMO, then JOMO is the answer.

if you already have a handle and can provide sufficient for every thing that will be done for daily needs, so you really want to release fatigue from all connection activities from everything. Of course it is clear that the action for JOMO is understandable and acceptable because it will not make it difficult for oneself.
but we know that many also live from connection activities not only with crypto and cannot escape from FOMO.
JOMO is one of the best ways to overcome FOMO, releasing the fatigue of connecting with trends.

Usually people who are JOMO are people who are already financially stable, they are able to meet their daily needs well. Therefore they will not panic
with anything that happens in the market. Especially if the market is suddenly bullish it won't make them FOMO, because their main target is usually
long-term profit, so whatever happens in the short term does not affect them. As you said in the end JOMO is the best way to overcome FOMO,
but to be able to become JOMO of course we have to go through a long process and experience FOMO first, the conclusion is that experienced people
are more likely to be JOMO. JOMO will make us feel happier in life, because we are not burdened with the volatile crypto market. Because we only focus
on collecting Bitcoins until we reach the target we want, we will get big profit when our target is reached.

I agree mate, we ourselves know that the definition of JOMO: "a feeling of self-satisfaction where a person is satisfied with his life so that they feel free and focus more on the things they enjoy"
if we apply this to a person's personal life, it is that he is already established and has left his life to be able to enjoy the heyday that has been done so far. but if it is implemented in the crypto field, then he is already rich across crypto and only has to enjoy the benefits of what he has achieved. even if you want to keep investing, then he will only give top coins, namely bitcoin, which will definitely provide benefits in the long term at least after the halving period, which is not easy for anyone who does not have large funds/capital and is clearly qualified.

[awik p]

The worst ones are scams right? Like they do rugpull when you imagine they would be doing something great. I saw a project that was basically a copycat of pancakeswap last year, and it was offering both what pancake was offering but some new features on top of it, and I liked it because those features would have made it so much better.

What happened? Of course, they didn't those features, it was all a lie and they just rug pulled by selling all the tokens they had and got away with it. Not that too much happened to them, as far as I know they got away with it and just live a rich life right now whereas we are talking about thousands of people losing that money and I was one of them unfortunately.

Yes, too many platforms fool people by copying what other platforms are doing. And sadly, people don't do their research before they join the project and it costs them various amounts.

It seems that if we are in such a situation, we better go back to what has really worked well before and that will keep us from being scammed, which can happen at any time. That way, we can minimize the risk and try to make a profit.

unfortunately people who have experienced it will be used as lessons and experiences, so they don't experience the same thing in the future. but unfortunately more and more new investors are coming and they fall victim to their ignorance and ambition with the promise of attractive participation. as long as this method is still effective, then they will continue to commit fraud, so we ourselves have to think logically and avoid some kind of rugpull

[darewaller]

I am having it exactly at this moment. I wanted to buy bitcoin but I didn't have enough money at the time, it was going up and I assumed it would go above 50k, I would have bought a lot of bitcoins if I had a lot of fiat but I had none so I bought none.

Now, it is down and that means if I bought at that time, I would have lost money right now. Obviously, these are small movements and I wouldn't be bothered by it, we could see 48k to 40k to whatever and it would be going back to 48k not too late, so I wouldn't be upset, but I am also glad that I missed it which means if it stays like this I could buy lower and could wait for it to go back and make money quicker.

[ethereumhunter]

Not all would really be having that kind of mindset but instead they do really love on trying out something new thats why they do really make out such deposits even though the reputation is still

questionable.So its up to someone whether they had accepted the risk on losing their money once they do make out such step.IF you do love to play safe
then you would really be sticking to buy on established coins and if ever it would dropped they do really still mind off about long term aspect.

Many people want to try something new, but unfortunately, many of them are not looking for more information, so many are being scammed. This is why we have to be really selective in sourcing the projects because not all projects will stay good in the long term. If the project can only last for the short term, then we don't have to force ourselves to stay on the project and we can look for other, more promising projects.

unfortunately people who have experienced it will be used as lessons and experiences, so they don't experience the same thing in the future. but unfortunately more and more new investors are coming and they fall victim to their ignorance and ambition with the promise of attractive participation. as long as this method is still effective, then they will continue to commit fraud, so we ourselves have to think logically and avoid some kind of rugpull

Yes, almost all of us have experienced it and only those who can learn from it can avoid it in the future. If new investors can find more detailed information, they will not choose the wrong project and can avoid fraud. It all depends on how they can get the information and process it for their benefit. Hopefully, they could benefit if they could put the information to good use.

[JoyMarsha]

The JOMO meaning got me laughing out loud. Love to share my own experience.
There is this particular coin, I have been eyeing for so long to invest in due to how it's been talked about on telegram by different fellas. It happens that, the time I wanted to invest, that's when the project was rug pulled. Although I was pained about it at initial, later got happy with the thought of not falling into a scam project

[Quidat]

I learned about this word today too. It stands for 'Joy Of Missing Out".

You were thinking of buying a coin and later that coin dumps to oblivion. That's JOMO!

For sometime and i had really experienced this one on where you had just told yourself that was a good call that you had missed out on making investment on a particular coin
because it dumps afterwards which for sure majority had really experienced this one due to some circumstances.  You could say that you are lucky enough but actually there's
really indeed part where luck do really plays out which save up your ass on losing money but of course it wont really be happening most of the time yet
there would be times that you would regretting on not getting in. 

[Issa56]

The JOMO meaning got me laughing out loud. Love to share my own experience.
There is this particular coin, I have been eyeing for so long to invest in due to how it's been talked about on telegram by different fellas. It happens that, the time I wanted to invest, that's when the project was rug pulled. Although I was pained about it at initial, later got happy with the thought of not falling into a scam project

I believe most of us have fallen for this before, I added a coin which I won't disclose the name on my favorite list on my Coingecko thinking I will invest in the coin whenever am having money because I was expecting money then, but I was lucky the coin dumped beyond expectation before I received the money I was expecting and I was happy I didn't invest in the coin.

So it appears there is a race of creating new terms
Forget FOMO! We're now more likely to suffer from FOJI, MOMO and JOMO

FOMO Fear of missing out
FOBO Fear of a better option
FOJI Fear Of Joining In
JOMO Joy Of Missing Out
FOMOMO The fear of the mystery of missing out
SLOMO  slow to missing out
MOMO Mystery of missing out
BROMO When your 'bros' (friends) protect you from missing out

And my personal contribution
FOSI, Fear of Surfing the internet - cause it might lead you to discoveries like this!

Hundreds or times with btc. Bought some when it 3000 ish & knew it would get to 10k plus but couldnt pull the trigger for more than a few thousand. Sickening feeling.

That's not joy of missing out, it was fear of risking your money.

Every time in trading we experience both JOMO or FOMO. This is certain to be so with our trading.

How the hell is this even possible?

Have not really heard most of the words you mentioned above or do you create them yourself because some really sounds funny, let me just master them so that I will also start using them also, maybe I should start creating my own.

[SirLancelot]

we ourselves know that the definition of JOMO: "a feeling of self-satisfaction where a person is satisfied with his life so that they feel free and focus more on the things they enjoy"
if we apply this to a person's personal life, it is that he is already established and has left his life to be able to enjoy the heyday that has been done so far. but if it is implemented in the crypto field, then he is already rich across crypto and only has to enjoy the benefits of what he has achieved. even if you want to keep investing, then he will only give top coins, namely bitcoin, which will definitely provide benefits in the long term at least after the halving period, which is not easy for anyone who does not have large funds/capital and is clearly qualified.

It’s an acronym that means exactly what the OP said – JOMO –Joy of Missing Out. if we should apply it to the situations like you have said, it wouldn’t mean really mean that someone is rich and that is why they have chosen not to engage with some activities, I think what it means is that they are being contented with what they have and just don’t care or bother about the lifestyle  that other people are living.

Even from the explanation that the dictionaries have on it, you can tell that that’s the meaning of the word. So, it isn’t about being rich.

[stepwilli]

It all happens a lot. There are so many times that I have missed out from investing at a particular price rate and then I would find out that I was lucky not to do so another day . But, there are also times that it would end up with you missing another opportunity. That’s just how this market is, you never really can tell what happens, so it’s kind of luck and all that.

But, one thing really important for sure is that you should know when you’re meant to be buying and when you’re to be selling in the market. And even if you miss the opportunity, there is always a chance to go for it, that’s the good thing.

[sana54210]

It’s an acronym that means exactly what the OP said – JOMO –Joy of Missing Out. if we should apply it to the situations like you have said, it wouldn’t mean really mean that someone is rich and that is why they have chosen not to engage with some activities, I think what it means is that they are being contented with what they have and just don’t care or bother about the lifestyle  that other people are living.

Even from the explanation that the dictionaries have on it, you can tell that that’s the meaning of the word. So, it isn’t about being rich.

Wouldn't be awesome if you were so rich that you just do not care . But I agree, JOMO is a situation where you would get into something as an investment, and then you didn't for one reason or another, then you see it crashing down.

I literally had that during 44k recently, I was about to get in and I couldn't because I was busy and didn't had the time and had some issues outside of house, then I came back to home and had time and at that point it was 40k for example, even 39.6k or something if I am not wrong when I got in. So it really did feel amazing to miss out, I had JOMO for sure, that is what I understood as JOMO and I believe I got it right, since it is pretty easy to understand what it means.

[feelideb]

It can be pleasing to know that you dodge a bullet by not buying high priced coin you may have planned  to buy and later discover that it has dump. However, if such coin is backed by capable and skillful dev and board, that could be a rare opportunity to buy low and stand in a good position! Cryptocurrency market is very dynamic!

[iv4n]

Every coin has two sides, so FOMO has its JOMO! The longer someone is in the crypto world, the more these two things repeat themselves, there is no end to it! It is always nice when we make a good trade (in or out) that brings us profit or saves capital, but I guess not anyone always makes good moves, mistakes happen to everyone, even the best traders make mistakes!
We can't allow fear and joy to affect how we trade and the plans we have, these are just momentary emotions that can confuse us if we are not careful! I learned that a long time ago!