JOHNDec 06, 2021 · 3 years ago2 answers How does the fear of missing out (FOMO) affect investor psychology in the context of cryptocurrencies?
In the context of cryptocurrencies, how does the fear of missing out (FOMO) impact investor psychology and decision-making processes? How does the fear of missing out influence investors to make impulsive investment decisions and potentially overlook risks? How does FOMO affect the overall market sentiment and volatility of cryptocurrencies? What are some strategies investors can use to manage and mitigate the negative effects of FOMO in cryptocurrency trading?