"Joy of Missing Out," or JOMO is a term used in the crypto community to describe the feeling of delight when one does not invest in a particular cryptocurrency that subsequently experiences a significant drop in value.
JOMO arises from abstaining or not participating in speculative or risky investment opportunities, particularly during market frenzies.
JOMO emphasizes the importance of long-term investment strategies, rational decision-making, and avoiding impulsive actions driven by market hype or short-term gains.