Joy Of Missing Out (JOMO)
19 hours agoJOMO stands for “joy of missing out.” This slang term is the antithesis of the widely known FOMO. JOMO captures the satisfaction experienced by traders and investors when they refrain from investing in a cryptocurrency or project that has seen a significant decline in value from its previous highs. It embodies the feeling of “dodging a bullet” and avoiding the trap of accumulating another set of worthless sh*tcoins.
Picture this: you hear about the latest meme coin, GermShep4Life Coin, which is supposedly endorsed by Lassy and Elon Musk, launching on Coinbase today at $10 per coin. You’ve just spent your last $1200 on a pair of Balmain UnicornNeoprene-leather Multicolor Sneakers, leaving you with a mere $0 in your wallet. The Coinbase listing goes live, and suddenly, GermShepCoin skyrockets to $25. You look away from your phone, feeling devastated for missing out, and as you reach for a Kleenex to wipe your tears, the price plummets, settling at $0.15 just moments after hitting an all-time high of $32. A whale has just sold off their holdings. Your JOMO is immeasurable right now!
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