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'FOMO' drives 84% of crypto investors to make trading decisions
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investmentweek.co.ukAccording to research from the US-based cryptocurrency exchange Kraken, 84% of respondents reported making investment decisions based on FOMO, with 58% admitting to doing this frequently and 26% occasionally. Similarly, 81% of responding crypto holders said they make investment decisions based on fear, uncertainty and doubt (FUD), which includes emotions such as panic, anxiety or hesitation. «These feelings typically arise from misunderstandings or a lack of confidence in the future potential of a particular cryptocurrency,» according to the Kraken Learn team. The research, whic...
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