This article discusses the phenomenon of FOMO (fear of missing out) in the crypto market. It explains how FOMO can lead individuals to make impulsive investment decisions driven by the desire to not miss out on opportunities. The article highlights the role of social media, influencers, and constant news updates in amplifying FOMO in the digital asset market. It also mentions the example of the NFT craze in 2021 and how FOMO led investors to participate in what seemed like a get-rich-quick scheme. The article further discusses how political endorsements of crypto, such as Donald Trump's embrace of digital assets, can contribute to FOMO in the market. It concludes by suggesting that automated investing systems could be a solution to mitigating the emotional influence of FOMO and making rational investment decisions based on data.



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