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Many investors are afraid of missing out on profitable investment opportunities. This fear is expressed with a special term: Fear of Missing Out (FOMO). FOMO is a term that is very familiar in the cryptocurrency world. It is a situation where people make irrational and unexamined investment or trading decisions.
Market psychology refers to the collective mood, beliefs, emotions, and expectations of investors in a particular financial market. It plays a major role in determining the price and movement of assets in any market.
