Express
SEC: Say "No" To FOMO
Summary: The United States Securities and Exchange Commission (SEC) issued the "New Year’s Top 10 Investment Resolutions", in which the fifth recommendation said that investors should say "no" to FOMO. FOMO is an abbreviation of "Fear of missing out". For crypto market participants, this describes the anxiety caused by the fear of missing out on investment ...
The United States Securities and Exchange Commission (SEC) issued the "New Year’s Top 10 Investment Resolutions", in which the fifth recommendation said that investors should say "no" to FOMO.
FOMO is an abbreviation of "Fear of missing out". For crypto market participants, this describes the anxiety caused by the fear of missing out on investment opportunities.
The recommendation suggests that not every investment opportunity is suitable for everyone. Stick to your plan and don't invest to catch up with trends and follow influencers.
Other investment suggestions include: thoroughly researching every investment opportunity, formulating a long-term investment plan, and making up your mind to avoid investment fraud.
By Mary Liu
