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What is FOMO?

Blog • 2021/05/28 • by

duongthaoan

The FOMO effect stands for the first four letters of the English phrase 'Fear Of Missing Out'. In coin investment, the FOMO effect is a type of negative psycho-emotional state. It makes people easily agitated and leads to instinctive actions.

So what exactly is the FOMO effect? What are the FOMO negative impacts on the coin investment? Let's discover the truth of FOMO and how to avoid it in the video below!

Crypto for Dump-me is a series of articles in Remitano's Make Bitcoin Simple project for new investors. The project aims to help newbies understand simply and quickly how to invest in cryptocurrency. With this series, you can instantly apply your knowledge to trading and making your first profit.