Mery (meriamog)

I just collected "Farcaster: Lion"

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Survivorship Bias & FOMO: Mental Traps in Crypto In crypto, perception is warped. Everyone seems to buy the dip, sell the top, and post P&L screenshots from Lambos and luxury getaways. This is survivorship bias at work—spotlighting the winners (and their new Porsche 911 GTS) while ignoring the silent majority who failed. Add FOMO to the mix—the fear that others are thriving without you—and you’ve got a dangerous cocktail. Survivorship bias feeds FOMO through carefully curated highlight reels: million-dollar trades, exotic trips, new homes. But you never see the sleepless nights, margin calls, or blown accounts. In Web3, winners get the mic. Losers vanish. To avoid becoming the next James Wynn, build mental discipline. When FOMO strikes, pause. Ask what you’re not seeing. The full picture includes failure—and that’s normal. Don’t chase ghosts. Play your game.

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