Bitcoin and FOMO

150 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

jian32
Published
Why has Bitcoin and FOMO effect caused the Bitcoin and other cryptocurrency prices to rise by so much? And why does this mean there is a lot of risk in the price?

In this Freedominhours episode we look at FOMO (Fear of Missing Out) and explore how this drives up asset prices. We look at how emotions and fear drive our purchasing behavior and also explore how this can result in mass purchasing of assets and cause asset prices to inflate to ridiculous levels.

We also look at what you can do to stop being led by FOMO and other ways you can learn to invest and take control of your emotions.

We believe FOMO should also be called Freedom of Missing Out, as we believe you have the freedom to choose and make good investment decisions.

As more and more people pile into Bitcoin and other crypto the FOMO effect drives more people into the market.

Timeline:

00:00 - Introduction
01:05 - FOMO and Investments
01:50 - FOMO Affect on Crypto
02:30 - What is FOMO?
03:10 - Emotion and FOMO
04:00 - Don't fall for Bitcoin FOMO
04:50 - Control of Emotions
05:20 - Missing out on opportunities
05:45 - Fear and Greed
06:25 - Where to invest/Conclusion

You can also view our other videos:

View our range of resources and articles at www.freedominhours.com

For business enquiries - freedominhours@gmail.com

Also check us out on social media:

Facebook - https://www.facebook.com/freedominhou...​
Instagram - www.instagram.com/freedominhours_
Linkedin - www.linkedin.com/company/freedom-in-hours
Tumblr - https://freedominhours.tumblr.com/​​
Youtube - www.youtube.com/freedominhours​​
Twitter - https://twitter.com/freedominhours​

Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility.
Category
Crypto Trading
Tags
Be the first to comment