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2.
It's like being afraid of something and excited about it at the same time. Or it's like enjoying being afraid of things.

Also used in adjective form, euphobic.
1. Man, I watched The Hills Have Eyes yesterday and experienced true euphobia.

2. Hey, I played with spiders yesterday and had fun! It was pretty euphobic!!

3. That euphobic roller coaster was super fun but it also made me very afraid and want to die/throw up.
by LAUREN!!!!!!!! December 27, 2008
 
1.
fear of good news; inability to share in someone else's happiness or to enjoy any happiness of one's own.
He's such a pessimist. He's suffering from euphobia.
by Una Malachica June 21, 2008