One of the strongest fears in the market is the fear of missing out (FOMO). It powers rallies, drives crashes, fuels bubbles and can make—or break—the career of even the most experienced trader. FOMO has become the acronym of choice to describe bitcoin mania, in which I’ve personally witnessed people I generally regard to be of good sense and character abandon all reason just for the chance of cashing in on its incredible rise in 2017.
That FOMO, of course, is just a short hop away from avarice
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails