How is the 'Fomo emotion' in the cryptocurrency circle triggered?

The 'Fomo emotion' in the cryptocurrency circle refers to the fear of missing out on investment opportunities in cryptocurrencies. It is primarily triggered by market conditions, external guidance, and the investors' own psychology. The specific reasons are as follows:

1. The stimulation of short-term price surges: This is the core inducement. For example, SOL once surged in price due to ecological expansion and technological upgrades, and Bitcoin has repeatedly set historical highs. Such explosive price increases in a short time can create a rising cycle, causing investors to worry about missing out on profits and rush to buy in.

2. The influence of celebrities and institutions: Elon Musk once tweeted to drive up the price of Dogecoin, and SoFi Bank supported the purchase of SOL, while Harvard University subscribed to Bitcoin ETFs. Such endorsements by celebrities and actions by institutions make investors feel that the assets are reliable, thereby triggering Fomo emotions.

3. The amplification effect of social media: Social platforms are filled with content where investors showcase their profits, and algorithms also promote news about soaring cryptocurrencies. KOLs frequently hype related assets, creating an atmosphere of 'everyone is making money', stimulating investors' desire to follow the trend.

4. The psychological and environmental influences on investors: The primitive anxiety gene in humans regarding missed opportunities leads investors to experience anxiety of 'not buying means losing' amidst the volatility in the cryptocurrency circle. Moreover, if people around are discussing profits from cryptocurrency investments, investors may feel compelled by Fomo emotions due to fear of lagging behind others and losing social validation.

5. Favorable marketing by project parties: Some cryptocurrency project parties release favorable news such as technological upgrades and ecological expansions, or create short-term false prosperity through pump tactics, sending signals to the market that 'if you don't invest now, you will miss the best opportunity', thereby inducing investors to develop Fomo emotions. $BTC #巨鲸动向