Fomo = F = Fear means fear, this is a serious fear,

1 - Should I take it now?
2 - If it goes down even further, then it's a loss, what will happen to me then?
3 - And if the last one goes up again and doesn't go down that much, then it's a miss.

That's why it's better to plan in advance: if you go to 1, you'll buy, if you go to 2, you'll do DCA.

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