FOMO是什么，如何防止它？
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The novice investor is easily emotional, so the more new people in the market, the more likely FOMO will occur. You can then see near-vertical candles on the short-term price chart. This means that many people have decided to buy and a speculative bubble may even arise.
If you see very soaring charts and start to get excited, then never buy in this condition. If you own an asset, consider selling, unless you are investing for the long term.
I personally recognize FOMO by numbers. If the chart of an asset shows large percentage increases compared to other assets in the same category, then it is not worth buying. Trees don't grow to the sky, and the price will come down someday. During the correction, you can coolly consider whether there is still potential for growth.
In an ambiguous situation, it is better to wait on the sidelines and observe. No position is also a position, and emotions are a bad advisor. In my opinion, this is a much better solution than throwing around depending on the information that comes to us from different directions.
The novice investor is easily emotional, so the more new people in the market, the more likely FOMO will occur. You can then see near-vertical candles on the short-term price chart. This means that many people have decided to buy and a speculative bubble may even arise.
If you see very soaring charts and start to get excited, then never buy in this condition. If you own an asset, consider selling, unless you are investing for the long term.
I personally recognize FOMO by numbers. If the chart of an asset shows large percentage increases compared to other assets in the same category, then it is not worth buying. Trees don't grow to the sky, and the price will come down someday. During the correction, you can coolly consider whether there is still potential for growth.
In an ambiguous situation, it is better to wait on the sidelines and observe. No position is also a position, and emotions are a bad advisor. In my opinion, this is a much better solution than throwing around depending on the information that comes to us from different directions.
Machine translated
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FOMO is an abbreviation of the words fear of missing out, i.e. fear of exclusion, fear of being disconnected from the network. A person suffering from this disease will be afraid if he misses something very interesting and it does not have to be something very important. The cause of fear may be, for example, an action performed by a friend that the patient did not notice.
Symptoms of FOMO disease
If you want to know if FOMO affects you too, just pay attention to the beginning of your day. What do you do when you wake up? You drink water, do your morning toilet or maybe you reach for your phone and check the information accumulated overnight on your social network account. If you do the latter activity most often, then it is worth considering, Why are you doing it? The biggest problem with this disease are young people who have been brought up with constant access to the Internet. In our country, people aged 15-24 have the highest incidence of FOMO. Older people also suffer from this condition. If your friend or sibling:
- carries the phone with him and constantly touches the pocket where it rests;
- uses it even when "it is not appropriate" - eg in the cinema, church;
- reacts to every beep of the phone;
- has severe mood swings;
- is constantly active on social media;
- constantly being compared with others;
- has trouble falling asleep and concentrating.
This definitely suffers from FOMO. It is worth informing the direct guardian of this condition if it is a minor. It is worth talking to the older one and gently explaining that she may have a problem with FOMO. You do not need to immediately go to therapy or to a psychologist. It is worth taking a few steps that I wrote about below.
How to fight FOMO?
In order to effectively fight FOMO, one should realize that omitting a notification on a social networking site will not turn our lives upside down. A photo or video from our friend's life does not always have to show the truth. You have to look at it from your own perspective and think about how many cool events from our lives we forget. In today's flood of information, everything gets old very quickly and most of the time we are not able to keep up with everything.
Put your phone aside, break away from the virtual world and go out with people, or find yourself a creative activity that will help you manage your free time. Let's not waste our lives on fear and stress caused by FOMO.
FOMO is an abbreviation of the words fear of missing out, i.e. fear of exclusion, fear of being disconnected from the network. A person suffering from this disease will be afraid if he misses something very interesting and it does not have to be something very important. The cause of fear may be, for example, an action performed by a friend that the patient did not notice.
Symptoms of FOMO disease
If you want to know if FOMO affects you too, just pay attention to the beginning of your day. What do you do when you wake up? You drink water, do your morning toilet or maybe you reach for your phone and check the information accumulated overnight on your social network account. If you do the latter activity most often, then it is worth considering, Why are you doing it? The biggest problem with this disease are young people who have been brought up with constant access to the Internet. In our country, people aged 15-24 have the highest incidence of FOMO. Older people also suffer from this condition. If your friend or sibling:
- carries the phone with him and constantly touches the pocket where it rests;
- uses it even when "it is not appropriate" - eg in the cinema, church;
- reacts to every beep of the phone;
- has severe mood swings;
- is constantly active on social media;
- constantly being compared with others;
- has trouble falling asleep and concentrating.
This definitely suffers from FOMO. It is worth informing the direct guardian of this condition if it is a minor. It is worth talking to the older one and gently explaining that she may have a problem with FOMO. You do not need to immediately go to therapy or to a psychologist. It is worth taking a few steps that I wrote about below.
How to fight FOMO?
In order to effectively fight FOMO, one should realize that omitting a notification on a social networking site will not turn our lives upside down. A photo or video from our friend's life does not always have to show the truth. You have to look at it from your own perspective and think about how many cool events from our lives we forget. In today's flood of information, everything gets old very quickly and most of the time we are not able to keep up with everything.
Put your phone aside, break away from the virtual world and go out with people, or find yourself a creative activity that will help you manage your free time. Let's not waste our lives on fear and stress caused by FOMO.
Machine translated
Machine translated