Cryptionary

JOMO

Joy Of Missing Out

1. concept

JOMO, or Joy Of Missing Out, is a term used in trading to describe the satisfaction or relief a person feels when they choose not to participate in a potentially risky investment, even if it proves successful for others. This can be due to various reasons such as risk aversion, different investment strategies, or simply a lack of interest in the particular investment.

1.1

"Despite the hype around the new cryptocurrency, John felt JOMO as he decided to stick to his conservative investment strategy."

2. psychology

JOMO can also be seen as a psychological response to the fear of missing out (FOMO). It represents a conscious decision to disengage from the pressure of keeping up with every investment opportunity and instead finding contentment in one's own investment decisions.

2.1

"In the face of rampant FOMO in the stock market, some investors find JOMO in sticking to their own research and not getting swayed by every trending investment."

* All terms and definitions may update as the Cryptionary improves.

All terms

Dust ERC-20 Token ERC-721 Token Ethereum Ethash Ethereum Virtual Machine Cryptocurrency Exchange Faucet Fiat Currency Flippening FOMO Fork FUD Genesis Block Halving Hash rate Hodl ICO IEO Instamine JOMO Know Your Customer Lambo Lightning Network Limit Order Liquidity Locktime Majority Attack Market Cap Market Order Masternode Maximalist Maximum Supply Mempool Mining Mining Pool Minting Baton Mnemonic Mooning 🌕Multi Signature