[{"data":1,"prerenderedAt":326},["ShallowReactive",2],{"api/learn-center-post-en-GB-what-is-fomo":3,"en-gb/learn/crypto-trading/what-is-fomo-en-GB-seo":57,"footer-en-GB":62,"navigation-en-GB-learn-center":235,"api/learn-categories-en-GB":286},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":39,"title":5,"formattedPublishedAt":50,"geofencings":51,"category":52,"pagination":54,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"What is FOMO?","What is FOMO? - Bitstamp Learn Center","When everyone seems to be buying a coin you don’t own, your first response is to want to do the same. Enter FOMO. - Learn more on the Bitstamp Learn Center",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/1920x1080px_illustrations_learningcenter_40svg_e788e9c877_8bdd85cacd.svg","image/svg+xml",".svg",192,108,"1920x1080px_illustrations_learningcenter_40svg_e788e9c877.svg","",[],[20,23,26],{"pathname":21,"locale":22},"/learn/crypto-trading/what-is-fomo/","en",{"pathname":24,"locale":25},"/es/learn/crypto-trading/what-is-fomo/","es",{"pathname":27,"locale":28},"/en-gb/learn/crypto-trading/what-is-fomo/","en-GB",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/crypto-trading/","Crypto trading",true,{"id":35,"text":5,"url":27,"asUrl":36},"what-is-fomo",false,"\u003Cp>My co-worker Isaiah says he’s discovered a new cryptocurrency with outstanding potential. He and his friends have tripled their money in just a couple of days. Everyone seems to think this is the new hot thing in crypto. Larry tells me that now is the best time to invest. My money could be increased substantially in no time at all. What should I do?\u003C/p>\n",{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},[40],{"component":41,"props":42,"content":43,"secondaryContent":47,"ctas":48,"secondaryCtas":49,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":44,"width":45,"align":46},"\u003Cp>My co-worker Isaiah says he’s discovered a new cryptocurrency with outstanding potential. He and his friends have tripled their money in just a couple of days. Everyone seems to think this is the new hot thing in crypto. Larry tells me that now is the best time to invest. My money could be increased substantially in no time at all. What should I do?\u003C/p>\n\u003Cp>This fictional example happens all too often in reality. It is easy to be swept up by too much hype. There are plenty of true stories of investors profiting substantially and swiftly by buying and selling cryptocurrency. But it is important to be prepared and forewarned about a particularly tempting risk for potential investors. Rushing to invest because something seems trendy is known as the \u003Cstrong>fear of missing out\u003C/strong> (or \u003Cstrong>FOMO\u003C/strong>). In an attempt to turn an easy profit, emotions can often over-rule reason. Our senses tell us that we should purchase a rapidly-growing coin or buy into a popular ICO. But this kind of emotion-driven purchase rarely yields favorable outcomes.\u003C/p>\n\u003Cp>Instead of basing your  choices on what feels right, you should always \u003Cstrong>do your own research\u003C/strong>. Make sure a purchase is worthwhile and also hedge your bets by spreading your funds into a variety of purchases, to avoid falling for a “golden goose” that may or may not yield results.\u003C/p>\n\u003Ch3>Fomo Essentials\u003C/h3>\n\u003Cp>FOMO is a purchase spurred by emotions rather than reason. A good trader will:\u003C/p>\n\u003Cul>\n\u003Cli>Eliminate emotional decision-making from investing choices.\u003C/li>\n\u003Cli>Identify the best entry opportunity and appropriate exit timing.\u003C/li>\n\u003Cli>Avoid whale manipulation, pump and dump schemes and other scams.\u003C/li>\n\u003C/ul>\n\u003Ch2>Looking for the next big thing\u003C/h2>\n\u003Cp>Fear of missing out is a well-established concept in sociology. It is generally perceived as the anxiety felt when thinking that others may be partaking in something enjoyable or beneficial, while you are missing out on it. In order to rectify this, we often go out of our way to join actions and activities that drive our social group. The results do not usually turn out as positive as expected.\u003C/p>\n\u003Cp>FOMO has been adopted by banking and has now been popularized in the crypto market. This market has a reputation as a FOMO-inducing market, especially so after the astronomical heights it has been reaching on several occasions throughout its history, allowing many investors to turn huge profits quickly. During the time of rapid growth,  FOMO rears its head, and there are few who can resist the temptation to “hop on the crypto train.”\u003C/p>\n\u003Cp>People are always on the lookout for the next big thing, a technologically-advanced blockchain or a spectacularly-\u003Ca href=\"/en-gb/learn/blockchain/what-is-blockchain-scaling/\">scalable coin\u003C/a> that would push the boundaries of crypto and bring about a \u003Ca href=\"/en-gb/learn/crypto-trading/what-are-bulls-and-bears/\">bull\u003C/a> run the likes of which the world has never seen. But such an exceptionally profitable opportunity is highly unlikely to present itself.\u003C/p>\n\u003Ch2>Eliminate FOMO from your life\u003C/h2>\n\u003Cp>Many participants in the market are aware of the dangers of FOMO and will exploit it for their benefit. They understand that if they can make a coin look as though it’s going up at unprecedented rates, then this will attract hordes of unsuspecting investors. They can set up \u003Cstrong>\u003Ca href=\"/en-gb/learn/crypto-trading/what-are-pump-and-dump-schemes/\">pump and dump schemes\u003C/a>\u003C/strong> to artificially inflate the price of a coin they own. A really well-off investor, or a \u003Cstrong>\u003Ca href=\"/en-gb/learn/crypto-trading/what-are-whales/\">whale\u003C/a>\u003C/strong>, can even use their own fortune to manipulate the market single-handedly.\u003Cbr>The smartest investors research their decisions and carefully monitor trends, as not all will be real or in your best interest to follow. You should never invest without \u003Cstrong>doing your own research\u003C/strong>, no matter how lucrative an opportunity may seem. The Bitstamp by Robinhood exchange encourages its users to only \u003Cstrong>trade what you understand\u003C/strong>.\u003C/p>\n","full","left",{"text":17},[],[],"July 29th, 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Kingdom",{},{},{"title":195,"content":17,"items":196},"Contact",[197,202,206,210,214,218,223,228],{"noFollow":36,"isExternal":36,"name":198,"value":199,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":200,"geofencings":201},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":224,"value":225,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":226,"geofencings":227},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":229,"value":230,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":231,"geofencings":232},"+352 20 88 10 96","+35220881096",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"items":236,"ready":33,"platformButtonText":282,"backButtonText":283,"logInButtonText":284,"signUpButtonText":285},[237,242,248,251,255,260,265,268,273,278],{"headerName":238,"sidemenuName":119,"url":239,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":240,"submenu":241,"tag":17},"Institutions","/en-gb/institutional-trading/",{},[],{"headerName":243,"sidemenuName":243,"url":244,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":245,"submenu":246,"tag":247},"Derivatives","/perpetual-futures/",{},[],"NEW",{"headerName":134,"sidemenuName":134,"url":135,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":249,"submenu":250,"tag":17},{},[],{"headerName":252,"sidemenuName":252,"url":107,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":253,"submenu":254,"tag":17},"Mobile App",{},[],{"headerName":256,"sidemenuName":256,"url":257,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":258,"submenu":259,"tag":17},"Markets","/markets/",{},[],{"headerName":261,"sidemenuName":261,"url":262,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":263,"submenu":264,"tag":17},"Earn Stake","/en-gb/crypto-staking/",{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":266,"submenu":267,"tag":17},{},[],{"headerName":269,"sidemenuName":269,"url":270,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":271,"submenu":272,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":274,"sidemenuName":274,"url":275,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":276,"submenu":277,"tag":17},"Learn","/learn/",{},[],{"headerName":279,"sidemenuName":279,"url":107,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":280,"submenu":281,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[287,291,295,299,303,306,310,314,318,322],{"title":288,"url":289,"geofencings":290},"Blockchain technology","/en-gb/learn/blockchain/",{},{"title":292,"url":293,"geofencings":294},"Company profiles","/en-gb/learn/company-profiles/",{},{"title":296,"url":297,"geofencings":298},"Crypto 101","/en-gb/learn/crypto-101/",{},{"title":300,"url":301,"geofencings":302},"Crypto definitions","/en-gb/learn/crypto-definitions/",{},{"title":32,"url":304,"geofencings":305},"/en-gb/learn/crypto-trading/",{},{"title":307,"url":308,"geofencings":309},"Cryptocurrency guide","/en-gb/learn/cryptocurrency-guide/",{},{"title":311,"url":312,"geofencings":313},"People profiles","/en-gb/learn/people-profiles/",{},{"title":315,"url":316,"geofencings":317},"Security","/en-gb/learn/security/",{},{"title":319,"url":320,"geofencings":321},"Tutorials","/en-gb/learn/bitstamp-tutorials/",{},{"title":323,"url":324,"geofencings":325},"Web3","/en-gb/learn/web3/",{},1776943670503]