Chaetophobia is a fear of hair, yet the puzzle says:
Atychiphobia is the fear of failure. A person afflicted with atychiphobia considers the possibility of failure so intense that they choose not to take the _____. Oftentimes this person will subconsciously undermine their own efforts so that they no longer have to continue to try.
With the missing word being 'Loose' which doesn't make sense. It should be 'risk', if it's about Atychiphobia.
I believe the quote should be:
Chaetophobia is fear of
hair. Sufferers fear may be associated with human hair and / or animal hair. They fear people / animals with an excess amount of hair. They may also fear the hair on their own body. Some only fear detached or _____ hair and do not mind attached hair.
With the missing word being 'Loose', it makes sense