What is Crypto-FOMO? FOMO (Fear of Missing Out) is the fear of missing out on a profitable opportunity, leading investors to make impulsive decisions in the crypto market. Under the influence of FOMO, traders buy assets at their peak price, fearing they will continue to rise, but often end up in losses after a market correction. How Does Crypto-FOMO Manifest? 🔵 Buying on Hype — Seeing a cryptocurrency surge rapidly, investors start buying without analyzing its fundamental value. — This overheats the market, often leading to a sharp price drop. 🔵 Following the Crowd — Beginners often follow social media trends, trusting influencers, Telegram channels, and Twitter analysts. — They buy assets simply because "everyone is buying", not because the asset has real value. 🔵 Expecting "To The Moon" — FOMO creates unrealistic expectations that the price of a cryptocurrency will keep rising indefinitely. — When the market reverses, these investors suffer significant losses. 🔵 Ignoring Risk — People use leverage (margin trading) to increase potential profits, but this can lead to losing their entire deposit due to market volatility. CryptoFam #crypto #cryptofam