FOCO is similar to FOMO in the terms of cryptocurrency. As many people know the term FOMO or Fear of Missing Out. FOCO means that one might have a Fear of Cashing Out. This fear is often driven by the thought that the price of a Crypto Token is going to keep rising until it reaches the moon. In this case a holder might get FOCO which usually results in actually losing profits in the hopes that the Token prices will keep rising.
I FOMO'd into this crypto token because everyone was talking about it going to the moon. But I got FOCO and ended up losing everything because I was blinded by the potential profit.
I FOMO'd in but then I got FOCO and lost it all.
I could have made so much on that crypto token if I didn't get FOCO and lose it all.
I FOMO'd in but then I got FOCO and lost it all.
I could have made so much on that crypto token if I didn't get FOCO and lose it all.
by @CryptonizeThis May 12, 2024