FOMO stands for Fear Of Missing Out which is where the investor thinks they are missing out on the "rise" and starts irrationally buying. In short you can call it "panic buying".

This is not all bad, the panic sells gives excellent discounts to all those understand the reality and want to buy while others are fearful.

There will always be newcomers and that doesn't necessarily affect stability. What creates the volatility is the size of the market which is still small and order books aren't packed enough to prevent a big panic sell from bringing the price down 20%.

Fear is real, while panic is also real. People tend to panic when they see the price rise, so they think they will be too late if they do not buy right now. If you can manage your emotion and not panic when you see the price move, you will see your chance to buy any coins, not just bitcoin because only with calm down will you see that chance. You can hold bitcoin without having altcoin but still, you need to calm down and not fear the price movements because that will happen with the crypto.

Totally Agreed, because how can you live in a House that has been built in Sand (near water) that has no foundation to stand in times of catastrophe .
We must learn security first then next is the investing(HODL)

Though in my part i did invest first before the storage security but now i have learned my lesson and safe keeping is all my priority .

Nope.Bitcoin will remain volatile even if more people and companies join the BTC market and buy more BTC.
A few years ago,I also believed that mass adoption would make Bitcoin less volatile.I guess I was wrong.
FOMO is what drives the prices up.I guess that you don't know what FOMO means.Other forum members have already explained this.
Fear is real.Greed is also real.The financial markets are driven by people's emotions,despite all the analysis and emotional control the majority of the traders can't control their emotions.
The FEAR&GREED index exists for a reason.

You can't learn it, you must grow accustomed to it. When you have hodled for many years and seen countless ups and downs, you will naturally start ignoring all these crashes. You will probably even stop checking Bitcoin's price compulsively. But it's unrealistic to expect such things from a newcomer who just yesterday was excited to see their investment grow, and now absolutely naturally worry when they experience their first crash.

Just count every single profit that you make when you're holding. Everyone is free for their opinion and if holding isn't working for them, they can say whatever they want even it's negative.

But the majority of us have proven that holding really is working and one of the best ways that we've done to grow with our holdings.

Yeah, that's a truth that you've said.

It's a must that they should just let it go and sleep for a long time while working for something else. And now that it's paid off, especially those that are holding a lot, it's likely that they can rely on it now.

there is only one fear, this is a missed advantage, and it happens very often, when you think about preparing yourself to buy this or that coin or even bitcoin, and while you were thinking, he is already far away) FOMO.Also, the fear of losing your investments, because there are always risks associated with them.

"1 btc = 1 btc."
"You can only lose if you sell."
"No pain no gain."
"If you can't hodl during the bad times, you don't deserve the good times."

These are the famous words that every crypto person should know.

BTC always makes a comeback. Just keep believing it

Fear is always associated with human nature but the main aim is to manage the fear and to find ways to get control over it. Rather than being panic we must get through difficult times by using different strategies. People usually panic when they see a great loss or when they have not bought something at the right time well in such situation they usually face great losses.
In such situation the first thing is to be calm and then to decide what to do and how to do in the mean time. Wether it's the time to wait or to make a quick decision, it depends upon your own mind.

Only a fool would come out with such a statement as fear is not real. Fear is sensible and has kept people alive, it is a calculated judgement on what actions should be taken against imminent threats. Fear should never drive the decisions of a real investor, it will however drive a speculator to cash out at the wrong time and probably waste a whole load of money. However the majority of people who own Bitcoin will never be anything more than a speculator who will run eventually, whether it is after Bitcoin drops 20% or when it drops 80% - because quite simply it has nothing behind it. There is no comparison with the stock market because there is not a company you'd be able to liquidate the parts of afterwards, with Bitcoin the value placed in to it would simply disappear all the way down.