Some traders or investors who get late when the price of that particular altcoin hasn't reach 100% are very lucky though fewer in number compared to the majority who bought at peak when the price is on reversal mode basically it's due to their inability to analyze and made research about that particular altcoin,
And unfortunately this happens very often, where these new investors enter when the market is at the top price, so when they enter, then the price of the new altcoin drops very drastically which makes them no longer have the opportunity to take profits, even to return their investment in these altcoins. While they are only consumed by the hype promoted by certain parties, they themselves do not do any research beforehand because they believe in various influencers and also the promises of the hype project. This is what often happens so that many new investors lose big in new coins from new shit coins projects.
thats true, FOMO is one way of losing all our money in investment.
its just not worth it to follow the fomo for veterans that already figured out how things would turning out to be. after all these FOMO are just trying to get newer investors gets in to open up chance for the early birds to liquidate.