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Cryptodictionary: FOMO

FOMO or a Fear Of Missing Out is a type of anxiety, common for the cryptocurrency community, where events can unfold very quickly and with unpredictable outcomes. It is closely connected with cryptocurrency success stories, where people become millionaires in a matter of weeks or months, having only very limited funds at the start. It is the fear of never making it to the right place at the right time and being always left outside exciting events that can bring one success or make one rich.

Cryptocurrency market today is so complex and volatile, that picking a project or a coin that will shoot to the moon at the very start is usually a matter of sheer luck. But for regular traders, the situation where some big success happens without them taking part or being late to the party is just something too familiar. Even if you do manage to jump on the bandwagon, there’s still that nagging thought that you could have done it earlier, when it was more profitable to do so.

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Regulation of Cryptocurrencies in Bolivia

Regulation of Cryptocurrencies in Bolivia

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05 Aug 2022

According to the  Central Bank of Bolivia, “it is illegal to use any currency that is not issued and is not controlled by the government or an authorized body.” 

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Phantom Galaxies launches ASTRAFER token

🪙Phantom Galaxies launches ASTRAFER token

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05 Aug 2022

Phantom Galaxies, an exciting game in the public alpha phase, is getting a management and utility token called ASTRAFER.

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Crypto Winter will Continue 250 Days if the Previous Market Cycle Repeats

Crypto Winter will Continue 250 Days if the Previous Market Cycle Repeats

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05 Aug 2022

It is no secret to anyone that cryptocurrencies are extremely volatile and experienced crypto investors are already used to wild price fluctuations and 80% drawdowns. 

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