Do you ever JOMO?

[DoublerHunter]

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 have been experienced the same on this and fear will begin because thinking that it is possible a trap and after investing the price will drop.
It will only create a fear to invest not the excitement because you know the possibility that anytime the price will drop right after you will invest and probably it is a good time if you will wait until there is a correction. If you believe in the coin that you want to invest in, even if you are JOMOed still that is worth it to invest if the coin has potential.

[passwordnow]

This is my first time seeing that acronym, however I will have to say that never happened to me, for most of the time I have been only interested in bitcoin, now there was a time in 2017 in which I got interested in altcoins as well but since then after losing a little bit of money I simple went back to bitcoin and since then I have not looked back, so unfortunately, or fortunately I do not know anymore, I have never experienced JOMO during my whole time in this market.

Me too. If you have never experienced JOMO, that's normal. If you're focused with bitcoin and have been holding it, that's a good sign that you're on the right track.
JOMO comes out these days because of the hype through altcoins, particularly to the meme coins. People have been feeling betrayed and regret when they've missed the best part of buying it at low but when it starts to dump, the joy kicks in.

[Maus0728]

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!

Well apparently JOMO is already a word way back in years (as was stompix already have mentioned), it is just that it became more common and common nowadays. Why? People these days tend to eager to learn more about trading to be their side hustle or just something to get a little income from. While the market grows bigger and bigger, trading became somewhat mainstream and FOMO was the most used (of course, most people tends to feel fear not trying things they will soon regret). And when many already felt hey lose more being FOMO-ed, they now prefer being safe than sorry, a better choice tbh.

Now how I have ever felt the Joy being missed out? We all do, especially when we where to talk about Shitcoins last year that became popular for months and now NFTs that slowly are being populated with scammers and rugpullers. Maybe being experienced in crypto space unlocks such 'joy' that you just preferred not to give a f*ck than spending time and money for nothing.

[palle11]

People have been feeling betrayed and regret when they've missed the best part of buying it at low but when it starts to dump, the joy kicks in.

That is what JOMO do. When your coins that you want to buy goes higher, you feel bad for missing out but when the dump happen then you feel happy .  I think the altcoins are not the only coin that can dump because bitcoin itself happen on that most times but the difference is that in the case of bitcoin, it reverts faster than altcoins.

[libert19]

Now how I have ever felt the Joy being missed out? We all do, especially when we where to talk about Shitcoins last year that became popular for months and now NFTs that slowly are being populated with scammers and rugpullers. Maybe being experienced in crypto space unlocks such 'joy' that you just preferred not to give a f*ck than spending time and money for nothing.

Is it tho? Nfts and some shitcoins like shiba have increased multi fold.

[jhonjhon]

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.

[stompix]

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?

With the explanation from OP on JOMO , Joy of missing out , when you change your your mind of a trading order and stay out and you the next hour you see direction of price against your earlier position that would have ended you in lose, you are likely to be happy for staying out.

FOMO as you know is fear of missing out. This is opposite of JOMO kind of. In FOMO , you enter an order hoping for profit rather than staying outside. Anyway in FOMO you may lose or gain depending on the eventual direction.

Nope, I still don't get how this is possible with every trade.
The JOMO is the joy of missing out, it happens when you miss an opportunity to buy or sell, you are happy you didn't trade, so if it would happen every time it simply would mean you're not actually trading as you're missing every single one of them. So no, it's impossible to have those two feelings at the same time every time you trade, it's possible to experience both of them while trading but that's obviously something different. No matter how you twist that is logically impossible.

[GreatArkansas]

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!

My first time to hear this, JOMO, lol.
Even it is my first time but I already experienced this multiple times. But before that, before we JOMO, we are somehow clueless or have no idea at all. But sometimes you are thankful you didn't enter on that trade and that's JOMO.

[SirLancelot]

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!

This is my first time seeing that acronym, however I will have to say that never happened to me, for most of the time I have been only interested in bitcoin, now there was a time in 2017 in which I got interested in altcoins as well but since then after losing a little bit of money I simple went back to bitcoin and since then I have not looked back, so unfortunately, or fortunately I do not know anymore, I have never experienced JOMO during my whole time in this market.

Everybody at some point has experienced loss in the cryptocurrency market. It happens to everyone but that doesn’t mean that you should quit. There are also other better coins than the one you chose and I believe that if you invest in them you would make good profit the same way that you are making profit from investing in Bitcoin. Even while you are investing in Bitcoin you can still make the wrong choices and lose money.

Unless you are someone who have plans to invest for a long term and you are ready to go for as long as even five years to wait for the market to go through a bullish trend for you to make profit and maybe recover whatever you might have lost.

[passwordnow]

People have been feeling betrayed and regret when they've missed the best part of buying it at low but when it starts to dump, the joy kicks in.

That is what JOMO do. When your coins that you want to buy goes higher, you feel bad for missing out but when the dump happen then you feel happy . 

Yeah, it's the new thing on the market JOMO. I guess we're going to see it on social medias soon whenever someone shares the meaning of JOMO to their friends. 

I think the altcoins are not the only coin that can dump because bitcoin itself happen on that most times but the difference is that in the case of bitcoin, it reverts faster than altcoins.

All cryptocurrencies are bound to go up and down but it's unfortunate that many of these altcoins are bound to go down forever because there will be a few of them to remain in the future.

[worle1bm]

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!

Happened with once or twice back few years when there was project who was in hype and the coins were in demand so as profit motive I also wanted to invest in it but didn't have the money at the time so was feeling bad but later on the project team abandoned it due to which the coin lost it's major stake and investors looses all their funds.So have also came across new word now JOMO.

[Alisha-k]

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.

JOMO is not easily predicted especially when such coin is bumping at it's maximum in the initial stage, at this point, FOMO is applied, JOMO comes in when amidst all odds, despite how much a coin tends to bump, you to observe whole making proper research and analysis.

[danherbias07]

That's new to me and hilarious. 
I think it already happened to me. I just cannot remember the name of the coin well. Felt good about not buying it when all of a sudden it starts being dumped by the whales, just when the hype is in the middle part where investors keep on coming without any idea what they are getting into.
It's not even fully grown but then rapidly disappointed everyone who bought it.

[Zilon]

"joy of missing out" excitement for not buying a coin because it was pumping and all of a sudden you see the coin dump so drastically. I agree with you it should always be a two way thing if 'fear of missing out' occurs when one goes into buying a coin because they feel they might miss the next bull run which ends up deceptive times. The joy of it should be for those who ignored the signal

[tbterryboy]

Happened with once or twice back few years when there was project who was in hype and the coins were in demand so as profit motive I also wanted to invest in it but didn't have the money at the time so was feeling bad but later on the project team abandoned it due to which the coin lost it's major stake and investors looses all their funds.So have also came across new word now JOMO.

You're lucky not to invest in the project because you don't have the money. If you have money and invest in the project but the project turns into a scam or the team leaves the project, you will be very disappointed because you have chosen the wrong project.

Most of us have experienced but are not aware of the term. We invest in up-and-coming projects in the hope that we too can benefit. After the token or coin price does go up, we don't immediately sell it but keep it on hold. And we are too late to sell it while the price plunged to the bottom.

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.

[crzy]

"joy of missing out" excitement for not buying a coin because it was pumping and all of a sudden you see the coin dump so drastically. I agree with you it should always be a two way thing if 'fear of missing out' occurs when one goes into buying a coin because they feel they might miss the next bull run which ends up deceptive times. The joy of it should be for those who ignored the signal

Also a sign of bitterness especially to those who are not able to ride the pump before it goes down. The hype is always there to pump the price and if started to correct, JOMO will start to dominate your feelings since you didn’t buy for some reason and miss some opportunity to take profit. Emotions will always be part of our investment journey, take it in a good way so that it can give you a more profitable journey.

[Vaskiy]

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!

Many times, especially with ethereum at some point.

This I've experienced recently with Casper. I tried to participate in the presale and I wasn't able to get in. It was discussed to be good project and to what is being discussed it had good volume and the price peaked above $1 on listing for trade. I was completely upset as I wasn't able to get in the queue. Further the price kept dropping, and now it is around $0.07 which is the pre-sale price.

What about the price dumping simply after you sold that coin? We need to find a new term for that as well.

Maybe we can term as "LOS - Loss On Sale" or "LAS - Loss After Sale"

[wozzek23]

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!

Such a thing has happened to me several times. there have been times that I planned to invest in the market and it happens that I missed out on my target and then I will feel that I have made a huge mistake because I missed the target I had, but at the end of the day I will realize that the market has dipped more than what it was earlier, and that means I now have a lot cheaper price or a lower entry to start from whenever I decide to go for it.

The best feeling comes when you finally invest and realize  that you got in at the lowest point that the market would reach, and from there it starts going up and you start making good profits.

In recent times, I decided to invest with grin after theymos's good review about it. But, when I was checking its economic rules, I decided not to go with due to its massive supply. (Grin is a good coin for privacy reasons and not for investment purposes). I really had JOMO at that times.

[justdimin]

Such a thing has happened to me several times. there have been times that I planned to invest in the market and it happens that I missed out on my target and then I will feel that I have made a huge mistake because I missed the target I had, but at the end of the day I will realize that the market has dipped more than what it was earlier, and that means I now have a lot cheaper price or a lower entry to start from whenever I decide to go for it.

The best feeling comes when you finally invest and realize  that you got in at the lowest point that the market would reach, and from there it starts going up and you start making good profits.

In recent times, I decided to invest with grin after theymos's good review about it. But, when I was checking its economic rules, I decided not to go with due to its massive supply. (Grin is a good coin for privacy reasons and not for investment purposes). I really had JOMO at that times.

This is something that DCA people constantly feel, it is not really something that we forget that easily. We invest into coins at any price, and that way we drop the average of entry we have, and sometimes we increase it, mine is low enough that I could profit at most prices and won't worry anymore but I know that I do not invest with all of my money and that allows me to make a lot of profit thanks to this.

Doesn't mean that I would have to have JOMO at all times, sometimes it goes up and I feel FOMO, but sometimes it goes down and I feel JOMO thanks to that. Long term investors feel the same way whenever the price drops, it allows them to get a better position.

[Benefactor]

The greater part of them simply can change after they get enough genuine loses however it isn't past the point of no return for individuals who can change themselves from approaches for washouts to ones for victors. This is sure to be so with our exchanging. They siphon at first with a decent publicity yet following a month the value begins to address until it hit the base, no doubt there's a delight on that for not accepting.