You may fear an actual or upcoming situation. Its not just you. Horizon Forbidden West: Burning Shores Taught Me I've Had Agoraphobia - Symptoms and causes - Mayo Clinic This type of fear is known as a phobia. People who experience this phenomenon are likely to be active on social media, where they are constantly being exposed to pictures and statuses of acquaintances who are actively out doing something and having some type of experience. The sooner you accept that you will have to say no to some things to pursue others, the happier you are likely to be. Putting your phone down and spending time with loved ones face-to-face can be a great way to re-center your most important relationships. While the fear of missing out is nothing new, the term "FOMO" became popular with the rise of social media. How to Use Facebook When You Have Social Anxiety Disorder. [15] With the prominence of investors making large sums of money through cryptocurrencies, people may develop FOMO in anticipation of the next perceived get-rich-quick currency. She is writing a book about trauma for Scribe Publications, to be released in early 2023. The process of relative deprivation creates FOMO and dissatisfaction. Any list of phobias could grow with the addition of newly coined terms for previously unnamed specific phobias. One study in thePsychiatry Researchjournal found that the fear of missing out was linked to greater smartphone and social media usage and that this link was not associated with age or gender. By Kendra Cherry By highlighting the connection between self-perception on social media and FOMO, Dogan illustrated why some experience this unique form of online exclusion. [13] FOMO is also present in video games, investing, and business marketing. 2013;9:609-18. doi:10.2147%2FNDT.S43097, Thng CEW, Lim-Ashworth NSJ, Poh BZQ, Lim CG. However, we now have a formal nomenclature to describe the " fear of missing out," or as we all have come to know it: FOMO. Stewart, T. L., Chipperfield, J. G., Ruthig, J. C., & Heckhausen, J. [44] There is a fear of missing out on making big gains through stocks driving the market since the market was at a low point before. A lift in mood may be just what you need to relieve yourself of feeling depressed or anxious. Examples include AT&T's "Don't be left behind" campaign, Duracell's Powermat "Stay in charge" campaign and Heineken's "Sunrise" campaign. Sometimes, the fear of missing out can even affect your mental and physical well-being. FOMO can happen when you dont get invited to a party, when your co-workers go out after work without you, or when you arent participating in the latest trends on social media.