The cryptocurrency exchange Kraken
The survey, with 1,248 participants, explores the role of fear—fear of missing out (FOMO) and fear, uncertainty, and doubt (FUD)—in influencing their crypto investment decisions.
One of the most important findings is that 88% of those surveyed feel they missed crucial gains. This sense of regret likely stems from Bitcoin’s explosive growth.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How Does Cryptocurrency Work? (Explained with Animation)
On December 5, Bitcoin
Emotions have had a clear impact on decision-making. Kraken found that 63% of respondents recognized that emotional responses had negatively impacted their investments, highlighting how relying too heavily on market sentiment can lead to costly mistakes.
When asked about their biggest fears, 81% admitted they had made investment decisions based on FUD. At the same time, 84% said they had acted out of FOMO during price rallies.
Additionally, 60% of participants pointed to the possibility of missing out on a sudden price surge as their primary concern.
While the crypto market’s volatility drives investors’ decision-making fears, Bitcoin’s recent surge past $100,000 has sparked excitement. How did Bitcoin holders react to this big milestone? Read the full story.