The term for today is FOMO .
This is an abbreviation for the "fear of missing out".
Cryptocurrency traders get the FOMO when they see a coin's price jump, but that is not in their portfolio.
FOMO can drive them to make an investment in the surging coin at higher prices, and even by liquidating their positions in other coins.
In other cases, FOMO may prompt investors to HODL despite a fall in the price of a coin.
Most of the time, traders who buy a coin out of FOMO are REKT .
You may also read NOOB
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.