FOMO syndrome and the reason why bitcoin can continue to rise

in #life7 years ago

FOMO is a fear syndrome that misses important opportunities. People who suffer from this syndrome often have a feeling of fear that they will miss something. This feeling haunts people with FOMO syndrome that people around or are going to achieve something that they are not. From there, they are motivated to take action at the time of irrationality, leading to erroneous decisions, more or less causing consequences.

In the present age, FOMO syndrome is a social problem, not just financial investment. Once caught in this syndrome, people in general and traders in particular tend to dive into things that they are not sure about, leading to unnecessary expenses, fraud, or financial gain. Exceeding its true value, causes itself a serious loss.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 62863.58
ETH 2464.59
USDT 1.00
SBD 2.62