Bitcoin’s Not the Only Asset Driven by FOMO: Why Stock Market Investors Should Be Concerned20.4

As the bitcoin price gets crushed amid the Crypto Winter, financial commentators are warning stock market investors to not fall prey to reckless buying decisions rooted in FOMO (fear of missing out). As crypto bulls are aware, FOMO was cited as a key driver of the record bitcoin price at the height of the crypto bull market in December 2017. ‘Most Powerful Force In Market Is Fear’ “The most powerful force in the market is fear,” financial commentator James DePorre writes at Real Money. When fear of losing takes hold, it creates powerful downside momentum. And when fear of missing

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https://www.ccn.com/bitcoins-not-the-only-asset-driven-by-fomo-why-stock-market-investors-should-be-concerned/

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