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The Psychology of Investing in Crypto: From FOMO to Panic Buys

Follow Your Crypto-nscious: A Humorous Journey Through the Mind of a Crypto Investor

Ehsan Yazdanparast
CryptoStars
Published in
7 min readApr 26, 2023

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Photo by Belinda Fewings on Unsplash

The world of cryptocurrency is known for its volatility and unpredictability, which can lead to emotional decision-making when it comes to investing. From FOMO (fear of missing out) to panic buys, the psychology of investing in crypto is a complex and fascinating topic.

The allure of high potential returns on investment is tempting, but it’s important to understand the underlying psychological factors that drive our decisions when it comes to investing in cryptocurrency.

So whether you’re a risk-taker or a research fanatic, a panic seller or a FOMO buyer, just remember: there’s always more to learn in the world of cryptocurrency. It’s like exploring a new planet — there’s always something new to discover, and the adventure never ends. So fasten your seatbelt, hold on tight, and let’s dive into the exciting world of crypto!

FOMO and Impulse Buys

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CryptoStars
CryptoStars

Published in CryptoStars

Crypto, tokens, NFTs, web3, metaverse, trading and everything related to the blockchain

Ehsan Yazdanparast
Ehsan Yazdanparast

Written by Ehsan Yazdanparast

Ph.D., Software Developer, Tech Enthusiast. Support my writing by joining Medium through my Referral Link bit.ly/3wQhMKZ (I will earn a small commission)

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