Three Astounding Cryptos You May Regret Skipping: Uniglo (GLO), Fantom (FTM) And Polygon (MATIC)
FOMO - fear of missing out. This is one of the key motivators for retail investors when buying a cryptocurrency. They see the price going up and they don’t want to miss out, so they ape in only to see the price fall. On the opposite end, we have FUD - fear, uncertainty, and doubt. FUD makes investors quick to sell or hesitant to buy an asset as it’s dropping in price. These two emotional responses contradict the main tenet of investing — buy low and sell high.
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