### CZ on FOMO#

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Hot Topic Overview

Overview

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 understands the presence of "FOMO" in the market and advises investors to remain rational when investing, avoiding blindly following the crowd and preventing losses due to emotional investment.

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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 everyone experiences this feeling, but the key is to act responsibly. This indicates that Zhao does not deny the existence of "FOMO," but rather emphasizes the importance of remaining rational in investment decisions and not being driven by emotions. He may be reminding investors to avoid blindly following the crowd during market fluctuations, instead making wise investment choices based on their individual circumstances and risk tolerance. This reflects Zhao's responsible attitude towards investors and highlights the principle of rationality and prudence in cryptocurrency investment.

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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 thinking and risk control are more important than blindly following FOMO.

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