Many Investors are terrified by question like these. So much so that there is even a term of it: FOMO (Fear of missing out). Research has found FOMO is more predominant in people ages 18 to 35.
FOMO is term that’s popular in the cryptocurrency community, a market that has become associated with irrational and something unsubstantiated trading decisions
FOMO is not only in people aged from 18 to 35 and I am not quite sure that majority of FOMO people are in that age group.
Research, could you share what researches come to that information, please.
FOMO is bad for people who are FOMO but for the rest, it is gift for them because they will have chance to take profit and when FOMO people turn to panic, shake out, the rest will have other opportunities to buy dips with good discounts.