### CZ on FOMO#

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Hot Topic Overview

Overview

Binance founder Changpeng Zhao recently discussed the "fear of missing out" (FOMO) phenomenon on social media. He believes that everyone experiences this feeling, but the key is to act responsibly. While he didn't specifically mention FOMO in the cryptocurrency market, his remarks hinted that rationality and caution are crucial in investment decisions, and one should not be swayed by market sentiment.

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Analysis

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 he does not deny the existence of FOMO, but emphasizes the need for rationality and avoiding impulsive behavior when faced with it. This could be related to the recent volatility in the cryptocurrency market, where investors are susceptible to emotional influences. Zhao's remarks may be intended to remind investors to stay calm when making investment decisions, not to be swayed by market sentiment, but to make rational choices based on their own circumstances.

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Classic Views

Everyone has FOMO (fear of missing out).

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

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When investing, be rational and don't be swayed by FOMO.

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Responsible investing behavior can help investors avoid losses caused by FOMO.

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