### CZ on FOMO#

Binance founder Changpeng Zhao recently discussed the "fear of missing out" (FOMO) phenomenon on social media. He believes that everyone experiences this psychology, but the key is to act responsibly. He didn't specify the meaning of "acting responsibly," but it can be inferred that he likely meant to be rational in investment decisions, not to be swayed by emotions, to avoid blindly following the trend, to avoid excessive investment, and to manage risks effectively. Zhao's remarks reflect the widespread FOMO phenomenon in the cryptocurrency market, where investors often make impulsive investment decisions because they are afraid of missing out on market gains, which can ultimately lead to losses. Therefore, Zhao's reminder is crucial for investors, reminding them to stay rational and avoid being driven by FOMO.