LIVE
phudz
@Phu_Nguyen
Holder
Following
Followers
Liked
Shared
FOMO in the crypto world occurs when a person makes an irrational decision to trade or invest in a crypto asset based on some piece of information received without properly verifying the source and or accuracy of it.ย FOMO in cryptocurrency leads people to buy assets at their highest prices or even sell them at their lowest, rather than vice versa, which would be better advised.ย Sometimes, the consequences of crypto FOMO can be worse and more profound than a loss of invested capitalโit can lead to damaging situations such as disconnection from family, anxiety, and depression.
#fomo
#fomo
First article on Binance Square ๐๐๐