FOMO

This week’s launch of a new ETF (Exchange Traded Fund) focusing on FOMO (Fear Of Missing Out) reminded me of the first time I experienced FOMO.

I kissed Linda. I really wanted to kiss Julie, but I was too in awe. And everybody was getting some. I was eleven.

The next big time FOMO strike, I took a hit off a hash pipe in the woods beside the U.S. Army base outside Frankfurt, Germany. I was sixteen.

Now it’s about bitcoin.

Perfect time to buy the dip, right? (If only that still meant buying a chocolate-dipped ice cream cone at Dairy Queen.)

There are some naysayers of course. China, for example. Better to have your own digital currency that you can use to track dissidents. And a Wall Street Journal op-ed today calling for a federal ban of crypto to put an end to ransomware.

So I’ve been watching the price chart today. I’ve already missed out on a 7% gain and a 6% loss. In less than 24 hours.

WIM

(Woe Is Me)