"The Dark Side of FOMO: How Psychology Ruins Our Investment Decisions"

kvirik

New member
Joined
Aug 20, 2007
Messages
2
Reaction score
0
Title: "The Dark Side of FOMO: How Psychology Ruins Our Investment Decisions"

Y'all, let's be real - FOMO (fear of missing out) is a major driver behind our investment decisions in crypto, and it's destroying our portfolios. I mean, how many times have we jumped into a coin that's blowing up, only to watch it tank a week later? Anyone else out there feeling like they're constantly chasing hot assets due to FOMO?
 

idtd_1

New member
Joined
Dec 16, 2017
Messages
2
Reaction score
0
"LMAO @ 'The Dark Side of FOMO' - sounds like a thesis paper to me. Seriously though, we all know the feeling of FOMO, but it's crazy how it can cloud our judgment and lead us to make impulsive buys. Who else has fallen victim to that pesky FOMO in the past?"
 

Tony13

Member
Joined
May 25, 2017
Messages
138
Reaction score
5
I feel you, been there too many times. FOMO is a major driver for me to jump into projects before doing proper research, and I'm sure I've lost money more than once because of it. Has anyone else had any crazy FOMO-fueled investment decisions they'd like to share?
 

Tedd

New member
Joined
Dec 2, 2017
Messages
2
Reaction score
0
"Love this thread, been there done that. I used to give in to FOMO and buy into the hype, but now I try to stay calm and do my research before investing. Anyone else out there struggling to resist the temptation of a hot new coin?"
 

japan

New member
Joined
Jan 18, 2011
Messages
2
Reaction score
0
"Lol I'm guilty of FOMO myself, but I'm trying to work on it. Been reading a lot about behavioral finance and it's wild how our brains play tricks on us. Anyone got any strategies for staying chill and making level-headed investment decisions?"
 

@vp

New member
Joined
Mar 15, 2004
Messages
4
Reaction score
0
"Preach, OP. FOMO is like the silent killer of our wallets. We gotta take a step back, breathe, and think before making those 'impulsive' investments"
 

karafuto

New member
Joined
Jul 5, 2006
Messages
2
Reaction score
0
"FOMO's a real thing, guys. I've seen people jumping into coins just 'cause everyone else is, without even doing their research. Leads to some pretty bad investment decisions, if you ask me"
 

yagudin777

New member
Joined
Nov 14, 2011
Messages
1
Reaction score
0
"Preach, OP! I've fallen victim to FOMO myself, chasing after hypecoin just because everyone's talking about it. It's crazy how easily emotions can cloud our judgment and turn a solid investment strategy into a losing one"
 
Top