class 3: Learn with me about **FOMO**, a very common term in the world of cryptocurrencies. FOMO is the acronym for **Fear Of Missing Out**, which in Spanish means "fear of missing out." This psychological phenomenon occurs when investors feel an intense urge to buy cryptocurrencies for fear of missing out on a profit opportunity, especially when they see prices rising rapidly¹.

FOMO can lead to impulsive decisions and often results in purchasing assets at inflated prices, which can lead to losses if the market corrects or falls². It is important for investors to recognize and manage FOMO to avoid making decisions based on emotions rather than rational analysis and well-thought-out investment strategies³.

In contrast, there is the term **JOMO**, or **Joy Of Missing Out**, which is the satisfaction of missing out on something, such as not purchasing a cryptocurrency that then decreases in value. JOMO represents a more reflective attitude and can be a healthy response to FOMO².

In short, FOMO can be a powerful driver in the cryptocurrency market, but it is also a risk that investors must manage carefully to protect their investments and financial well-being.