FOMO in Crypto
Feeling that itch to jump into a crypto coin because everyone’s talking about it? That’s FOMO — Fear of Missing Out.
• Why it happens: Social media, Telegram posts and group chats hype up coins or NFTs, making you think you’re late to the game.
• Did you know? FOMO can lead to impulsive buys, often at peak prices, risking losses. Studies show it drives stress in volatile markets.
• How to deal: Research before you invest (DYOR), stick to your strategy and avoid chasing hype. Stay calm and trade smart.
Next time FOMO strikes, take a breath and analyze the market.
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