### CZ on FOMO#

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Hot Topic Overview

Overview

Binance founder Changpeng Zhao recently discussed the phenomenon of "fear of missing out" (FOMO) on social media, stating that everyone experiences it, as long as it is done responsibly. While he did not specifically address the impact of FOMO in the cryptocurrency space, his remarks hinted at the role it may play in investment decisions, emphasizing the importance of being cautious and responsible when investing.

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Analysis

Binance founder Changpeng Zhao recently discussed the phenomenon of "FOMO," or "fear of missing out," on social media. He believes that everyone experiences this feeling, but the key is to act responsibly. This indicates that Zhao does not deny the existence of "FOMO," but emphasizes the importance of maintaining rationality in the face of it, avoiding blindly following the crowd, and making wise decisions based on one's own circumstances. This may also reflect the current volatility in the cryptocurrency market, where investors are easily influenced by emotions, and therefore need to remain calm and avoid impulsive investments. Zhao's remarks also remind people to practice risk control during investments, not be swayed by "FOMO," and that rational investment is the wise choice.

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Everyone

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