FOMO and FUD Explained: The Crypto Fear Index Stands at 28

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.FOMO pulls investors into rising prices, FUD drives them out of falling ones. The Fear & Greed Index stands at 28 in early November, down from 78 in September: what lies behind both emotions and how to protect yourself from gut decisions.Bull and bear stand for greed and fear, the two emotions behind FOMO and FUD.Add as a preferred source on GoogleFollow on Google NewsFOMO stands for “fear of missing out”, the fear of missing a price rally. FUD stands for “fear, uncertainty and doubt”, the anxiety that pushes investors to sell. Together the two terms describe the emotions that move the crypto market more than almost any news item: greed drives buyers into rising prices, fear drives sellers out of falling ones. If you understand the mechanics, you will recognise them in your own behaviour and make better decisions. How strongly these emotions are at work right now can be measured. The best-known gauge, the Crypto Fear & Greed Index from alternative.me, stood at 28 out of ...