fear of missing out – DIGIT INFO

Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey

DIGIT — Mon, 01 May 2023 03:10:14 +0000

A survey from the Financial Industry Regulatory Authority (FINRA) suggests that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.

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What is JOMO in crypto trading?

DIGIT — Tue, 14 Mar 2023 08:27:16 +0000

JOMO is that “I-was-right-about-the-market” joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses.

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Crypto FOMO Will Be Huge Investment Driver, Regulatory Clarity Expected in 2022, Says Blockfi Executive

DIGIT — Mon, 20 Dec 2021 03:00:55 +0000

An executive with Blockfi says that “this year has been a huge year for mainstream consumer demand into crypto.” Noting that fear of missing out (FOMO) will be a huge driver for investors, the executive expects some regulatory clarity next year. Crypto FOMO Will Drive Investments in 2022 Flori Marquez, Blockfi’s co-founder and senior vice […]

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Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin

DIGIT — Sun, 04 Apr 2021 18:05:27 +0000

Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts change, I change,” he said. Norwegian Billionaire Gets Into Bitcoin After Seeing Another Making Money With the […]

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