Fear of Missing Out (FOMO)

Od użytkownika CoinGecko | Data aktualizacji Mar 03, 2020
FOMO is the acronym for “Fear Of Missing Out.” The concept was first described in 2000 by Dr. Dan Herman in an academic paper entitled “The Journal of Brand Management.” However, the acronym FOMO was coined a couple of years later by Patrick McGinnis in an opinion piece published in 2004 on the American magazine “The Harbus.” The concept refers to the feeling of anxiety or the idea that other people are sharing in a positive or unique experience while you are missing out. It is a phenomenon that is quite prevalent in social media, with the feeds from others often highlighting and emphasizing the positive and rewarding parts of their lives, leading the reader to feel sad or inadequate with their own experiences. In the context of financial markets and trading, FOMO refers to the fear that a trader or investor feel by missing out on a potentially lucrative investment or trading opportunity. The FOMO feeling is particularly prevalent when an asset rises in value significantly over a relatively short time. This has the potential for an individual (and the market community as a whole) to make market decisions based upon emotion (the fear of missing out) instead of logic and reasoning. It is especially dangerous for the undisciplined retail investor, as it can often lead to a situation where trades are made for an asset that is overpriced, incurring in much greater risks of financial losses.

Podziel się tym z przyjacielem!

Hasła pokrewne

IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
Bounty
Public tasks available for anyone for a reward
ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
Ring Signature
A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.
Chcesz dowiedzieć się więcej?
Wróć do słownika lub zapisz się na nasz newsletter.
coingecko (thumbnail mini)
CoinGecko dla systemu iOS
coingecko (thumbnail mini)
CoinGecko dla systemu Android