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 Friends and FOMO pushed newbie investors to buy crypto in 2022 Survey

Friends and FOMO pushed newbie investors to buy crypto in 2022 Survey


Published: 2023-05-01


1. Newbie Investors' Interest in Cryptocurrency driven by Friends and FOMO in 2022: According to a recent survey,new investors have shown great interest in the cryptocurrency market in 2022. The primary driving factors for this interest were found to be friends and FOMO (fear of missing out). Many new investors are putting their money into cryptocurrency without proper research and knowledge. This has led to a surge in the number of new investors,especially during the pandemic.

2. Risks of Investing in Cryptocurrency: The survey also highlighted the risks associated with investing in cryptocurrency. New investors need to understand that the market is highly volatile and unpredictable. A wrong investment decision can lead to massive financial losses. The lack of regulation in the cryptocurrency market also exposes investors to potential fraud and scams.

3. Importance of Educating New Investors: The survey emphasizes the importance of educating new investors before investing in crypto. The existing investors need to educate the new investors on market trends,investment strategies,and risk management. The crypto community can take initiatives to educate new investors and establish a supportive ecosystem. This will help to minimize the risks associated with the market and develop a sustainable growth model.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,091.80 2,110,316,997.20
2 BTC title=BTC 63,108.78 2,109,441,184.04
3 ETH title=ETH 3,069.80 1,055,520,414.91
4 SOL title=SOL 151.72 667,542,716.33
5 PEPE title=PEPE <0.01 437,575,267.52
6 DOGE title=DOGE 0.16 346,156,942.36
7 XRP title=XRP 0.55 284,644,568.05
8 WIF title=WIF 3.34 259,294,190.01
9 WLD title=WLD 6.12 207,026,587.89
10 ENA title=ENA 0.86 195,692,875.88
11 BOME title=BOME 0.01 183,454,445.32
12 RNDR title=RNDR 9.87 129,851,213.72
13 NEAR title=NEAR 7.29 121,457,096.95
14 AVAX title=AVAX 37.11 107,811,897.37
15 BONK title=BONK <0.01 104,613,348.31
16 RUNE title=RUNE 5.33 88,357,605.85
17 FLOKI title=FLOKI <0.01 83,376,172.50
18 ETHFI title=ETHFI 3.90 81,621,837.90
19 SUI title=SUI 1.09 74,869,412.80
20 ARKM title=ARKM 2.61 71,711,616.38
21 ORDI title=ORDI 38.50 66,223,571.13
22 USTC title=USTC 0.02 65,216,763.79
23 HBAR title=HBAR 0.11 59,439,380.85
24 AR title=AR 40.16 58,889,167.44
25 MATIC title=MATIC 0.72 55,601,484.87
26 FIL title=FIL 6.11 49,236,574.73
27 LTC title=LTC 81.28 47,187,333.22

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 TerraClassicUSD title=USTC 0.02 +10.89
2 BOOK OF MEME title=BOME 0.01 +9.10
3 Worldcoin title=WLD 6.12 +8.49
4 iExec RLC title=RLC 2.98 +7.67
5 Ethena title=ENA 0.86 +6.97
6 Jito title=JTO 3.55 +5.18
7 Powerledger title=POWR 0.32 +4.71
8 Yield Guild Games title=YGG 0.89 +4.55
9 Hedera title=HBAR 0.11 +4.48
10 Injective title=INJ 25.10 +4.32
11 Solana title=SOL 151.72 +3.99
12 Cortex title=CTXC 0.39 +3.96
13 dogwifhat title=WIF 3.34 +3.37
14 Bella Protocol title=BEL 0.84 +3.21
15 XRP title=XRP 0.55 +3.16
16 NKN title=NKN 0.13 +2.96
17 Render title=RNDR 9.87 +2.58
18 Terra title=LUNA 0.61 +2.56
19 Terra Luna Classic title=LUNC <0.01 +2.28
20 TrueFi title=TRU 0.12 +2.24
21 Pepe title=PEPE <0.01 +2.18
22 Bitcoin Cash title=BCH 474.60 +2.17
23 Arweave title=AR 40.16 +2.05
24 SingularityNET title=AGIX 0.98 +2.00
25 Chainlink title=LINK 14.62 +2.00
26 Chiliz title=CHZ 0.12 +1.88
27 Numeraire title=NMR 26.94 +1.85
28 THORChain title=RUNE 5.33 +1.80
29 Any Inu title=AI 1.16 +1.75
30 AC Milan Fan Token title=ACM 2.35 +1.74

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Convex Finance title=CVX 2.42 -7.68
2 Golem title=GLM 0.60 -6.63
3 REZ 0.17 -6.21
4 Tensor title=TNSR 0.85 -5.69
5 Voyager title=VGX 0.08 -5.61
6 Saga title=SAGA 3.23 -5.61
7 Bonk title=BONK <0.01 -5.33
8 Stargate Finance title=STG 0.49 -5.26
9 xMoney title=UTK 0.08 -5.05
10 Kadena title=KDA 0.87 -5.02
11 Reserve Rights title=RSR <0.01 -4.98
12 Aevo title=AEVO 1.36 -4.95
13 Atlas Aggregator title=ATA 0.18 -4.94
14 AdEx title=ADX 0.21 -4.82
15 Komodo title=KMD 0.38 -4.71
16 Conflux title=CFX 0.22 -4.56
17 Gains Network title=GNS 3.33 -4.53
18 Juventus Fan Token title=JUV 2.49 -4.53
19 W 0.64 -4.46
20 Portal title=PORTAL 0.81 -4.42
21 JasmyCoin title=JASMY 0.02 -4.39
22 IoTeX title=IOTX 0.05 -4.32
23 Cats Of Sol title=COS 0.01 -4.31
24 Alchemy Pay title=ACH 0.03 -4.30
25 DataBot title=DATA 0.06 -4.28
26 Adventure Gold title=AGLD 1.02 -4.23
27 Voxies title=VOXEL 0.23 -4.11
28 QuarkChain title=QKC 0.01 -4.08
29 COMBO title=COMBO 0.69 -4.06
30 Ethereum Name Service title=ENS 14.99 -4.03

Bitcoin's Greed and Fear Index.

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71
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
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3 Turkish crypto bill 5 things to know before its introduced 2024-05-06
4 Nasdaq listed Tiger Brokers rolls out online crypto trading to Hong Kong 2024-05-06
5 Robinhood crypto business slapped with SEC Wells notice 2024-05-06
6 First Bitcoin backed synthetic dollar to launch with 25 yield 2024-05-06
7 Mango Markets DAO buyback plan leads to accusations of self dealing 2024-05-06
8 Runes and BRC 20s are just a stepping stone for Bitcoin DeFi 2024-05-06
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10 Cardano founder proposes Bitcoin Cash integration in X poll 2024-05-06
11 Bitcoin reaches one billion transactions 2024-05-06
12 Bad actors and block storms Bitcoin dev calls for testnet reboot 2024-05-06
13 Crypto venture capital funding hits 1B for second straight month 2024-05-06
14 Weekend Wrap SOL set for bronze Bitcoiner fat fingers 100K fee and more 2024-05-06
15 Could stablecoin volumes overtake Visa this quarter 2024-05-06
16 Bitcoin will propel the next leg up if key trading pattern confirms Traders 2024-05-05
17 Bitfinex database breach seems fake says CTO 2024-05-05
18 Sui Network addresses claims about its token supply 2024-05-05
19 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
20 Uniswap CEO weighs In on ethical token distribution 2024-05-05
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22 Warren Buffett compares AI to nukes after seeing deepfake doppelganger 2024-05-05
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50 Coinbase posts 12B net income in Q1 surpasses entire 2023 earnings 2024-05-03

US news that has a significant impact on the market

at news day date time
1 Loan Officer Survey Monday 06-05-2024 19:03
2 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
3 Consumer Credit m/m Tuesday 07-05-2024 20:00
4 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
5 Crude Oil Inventories Wednesday 08-05-2024 15:30
6 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
7 10-y Bond Auction Wednesday 08-05-2024 18:01
8 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
9 Unemployment Claims Thursday 09-05-2024 13:30
10 Mortgage Delinquencies Thursday 09-05-2024 15:00
11 Natural Gas Storage Thursday 09-05-2024 15:30
12 30-y Bond Auction Thursday 09-05-2024 18:01
13 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
14 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
15 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
16 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
17 FOMC Member Barr Speaks Friday 10-05-2024 18:30
18 Federal Budget Balance Friday 10-05-2024 19:00

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