### CZ on FOMO#

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Hot Topic Overview

Overview

Binance founder Changpeng Zhao recently discussed the "FOMO" phenomenon on social media. He believes everyone experiences this fear of missing out, but the key is to do it responsibly. While he didn't specify what "doing it responsibly" entails, his viewpoint has sparked reflection on investment behavior and serves as a reminder for people to stay rational in the face of market fluctuations and avoid blindly following the crowd.

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Analysis

Changpeng Zhao, in his recent remarks, addressed the phenomenon of "FOMO," or the fear of missing out. He believes that everyone experiences this sentiment, but the key is to act responsibly. This suggests that Zhao does not deny the existence of "FOMO" but emphasizes the importance of maintaining rationality when faced with it, avoiding blind following, and making informed decisions based on individual circumstances. His comments also remind people to avoid being swayed by "FOMO" in investment or other decision-making processes, to stay calm, think rationally, and make decisions that align with their own interests. This demonstrates Zhao's deep understanding of the investment market and personal rationality, offering valuable advice to investors.

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Classic Views

Everyone experiences FOMO (fear of missing out).

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As long as you invest responsibly, FOMO is not uncontrollable.

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FOMO is a common psychological phenomenon, even in the cryptocurrency space.

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When investing, rational decision-making is more important than chasing FOMO.

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