[Translation] Fear of missing out / anxiety and fear of being left behind vs FMF / anxiety and fear of the frontrunner
First of all, the following,
・FOMO type = latecomers or followers
・FMF type = early adopters or leaders
I think reading as such will deepen understanding. In the cryptocurrency world, it may be hard to distinguish where FMF-type ends and where FOMO-type begins as time passes. After all, as time goes by, today's latecomers will someday become early adopters.
In Japan, people who started in crypto around early December 2017 to the peak of January 2018 are nicknamed the "Degawa group" after the CM character from Coincheck at the time; those who started earlier would be considered latecomers.
And recently new entrants—it's not clear what group they will be called—though from the Degawa group they are quite late, if we assume the market will recover, they become the more favorable latecomers relative to the Degawa group, and when the peak of 2017 is surpassed and growth accelerates, even the Degawa group will be included among the "successful early adopters"…
Note: In the main text, it does not necessarily describe early adopters and latecomers in market terms; it is primarily written from a business perspective.
・FOMO type = latecomers or followers
・FMF type = early adopters or leaders
I think reading as such will deepen understanding. In the cryptocurrency world, it may be hard to distinguish where FMF-type ends and where FOMO-type begins as time passes. After all, as time goes by, today's latecomers will someday become early adopters.
In Japan, people who started in crypto around early December 2017 to the peak of January 2018 are nicknamed the "Degawa group" after the CM character from Coincheck at the time; those who started earlier would be considered latecomers.
And recently new entrants—it's not clear what group they will be called—though from the Degawa group they are quite late, if we assume the market will recover, they become the more favorable latecomers relative to the Degawa group, and when the peak of 2017 is surpassed and growth accelerates, even the Degawa group will be included among the "successful early adopters"…
Note: In the main text, it does not necessarily describe early adopters and latecomers in market terms; it is primarily written from a business perspective.
Now, to the main topic.
You may have heard the terms “the fear of missing out (FOMO)” and “the fear of being an early mover (FMF).” Many people try to decide which type they are, and this article will examine these two concepts from a broader perspective and attempt to understand them from a blockchain standpoint.
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