#Changpeng Zhao on FOMO#

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Overview

Binance founder Changpeng Zhao recently discussed the phenomenon of "fear of missing out" (FOMO) on social media. He believes that everyone experiences this psychology, but the key is to act responsibly. He didn't elaborate on how to deal with FOMO responsibly, but his comments suggest that in investment or other decisions, one should think rationally, avoid impulsive behavior, and manage risk prudently.

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Changpeng Zhao recently talked about the "FOMO" (fear of missing out) phenomenon on social media. He believes everyone experiences this feeling, but the key is to do it responsibly. He didn't specify what "doing it responsibly" means, but it can be inferred that he might be referring to being rational in investments and other decisions, not being swayed by emotions, avoiding blind following, and preventing unnecessary losses. This aligns with his consistent advocacy for rational investment. Zhao's remarks have also sparked reflection on the "FOMO" phenomenon. In the rapidly developing cryptocurrency market, how to balance the "FOMO" psychology with rational investment is a question worth pondering.

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Classic Views

Everyone has FOMO (Fear Of Missing Out) mentality.

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In investment, FOMO is a common emotion.

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As long as you invest responsibly, FOMO is not a bad thing.

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Invest rationally and avoid impulsive decisions.

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