Based on analysis from the US-based cryptocurrency trade Kraken, 84% of respondents reported making funding choices based mostly on FOMO, with 58% admitting to doing this continuously and 26% often.
Equally, 81% of responding crypto holders stated they make funding choices based mostly on concern, uncertainty and doubt (FUD), which incorporates feelings comparable to panic, anxiousness or hesitation.
“These emotions sometimes come up from misunderstandings or a insecurity sooner or later potential of a selected cryptocurrency,” in keeping with the Kraken Study group.
The analysis, whic…
