FOMO

In the case of cryptocurrency, FOMO is popular due to enormous and rapid gains. However, as more people realize these great opportunities, they are afraid they will miss them. When you think you can win a particular cryptocurrency, you buy it in huge numbers. However, as numerous investors and traders believe blockchain and crypto are in the early stages and have excellent development potential, FOMO appears to be more than just a driving force in the market. However, because of…

Trading in financial markets is quite tussling, especially considering the statistical analysis involved. The market volatilities, abnormal price plunges, and other risks make it even more difficult. Be it securities, cryptocurrency, or other tokens. It requires an investor with great expertise and patience to make profits while trading.   Different traders have tried other trading techniques to earn in the financial and crypto markets. Among the strategies include FOMO and Momo trading.  What is FOMO or Momo? How do they work?…

The price of Bitcoin is still beneath its psychological level of $10,000 which is said to be a FOMO trigger for a notable cryptocurrency bull rally. However, data shows that retail FOMO is already rising and when this is the case, institutional interest is declining. Market participants are considering the adequacy of retail FOMO to initiate a new bull market as well as the necessity of institutions for a bigger push. Bitcoin has not met the expectations of market participants…

The cryptocurrency space has not been here for quite a while, with only over a decade since introducing the first coin. As a result, a significant population remains clueless about these digital assets, although many are beginning to show interest as the industry gets more mainstream. If you are getting started into cryptocurrencies, you will probably be bumping into terms you never heard of before. However, it can be unsafe when you only see the vocabulary and the complex technology…