Fear of missing out or FOMO is a form of social anxiety — a compulsive concern that one might miss an opportunity for social interaction, a novel experience, profitable investment or other satisfying event. This is especially associated with modern technologies such as mobile phones and social networking services.
A study by Andrew Przybylski found that the condition was most common in those who had unsatisfied psychological needs such as wanting to be loved and respected. The condition is also associated with social networks such as Facebook and LinkedIn, which provide constant opportunity for comparison of one’s status…….
what i meant is more like this.
Rule #1: Invest only in teams that don’t need you.
Rule #2: Impatience is the enemy
Rule #3: Know why you want to own something: FOMO or insight?
Rule #4: In poker and investing, the goal is to make good decisions, not to make money.
for more: http://joekraus.com
in all aspects,