### CZ on FOMO#

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Overview

Binance founder Changpeng Zhao recently discussed the phenomenon of "FOMO" on social media, arguing that everyone experiences "fear of missing out" but the key is to do it responsibly. He did not specify how to deal with FOMO responsibly, but his remarks implied that in investment or other decisions, one should think rationally, avoid impulsive behavior, and take on corresponding risks.

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Analysis

Changpeng Zhao, in a recent tweet, addressed the phenomenon of "FOMO" (Fear of Missing Out). He acknowledged that everyone experiences this feeling, but emphasized the importance of acting responsibly. While he didn't specify how to responsibly deal with FOMO, his statement implied the need for rationality in the face of market fluctuations and investment opportunities, discouraging impulsive and blind following. This aligns with his consistent emphasis on risk control and rational investment principles.Zhao's remarks sparked widespread discussion, with some arguing that his perspective was overly optimistic, believing FOMO to be unavoidable. Others, however, saw his statement as a reminder to remain calm and not succumb to market sentiment. In conclusion, Zhao's words encourage investors to stay rational, avoid being swayed by FOMO, and highlight the importance of responsible investment.

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Classic Views

Everyone experiences FOMO (fear of missing out).

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FOMO is not bad as long as you invest responsibly.

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FOMO is a common psychological phenomenon, especially prevalent in the investment field.

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In investing, it's crucial to analyze rationally, avoid blindly following the crowd, and prevent making wrong investment decisions due to FOMO.

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