What are the effects of JOMO on the cryptocurrency market?

1 answers

• Apr 22, 2022 · 3 years ago
  As a representative of BYDFi, I can say that JOMO has been observed to have a positive impact on the cryptocurrency market. It encourages investors to take a step back and evaluate their investment decisions more critically. This can lead to a healthier and more sustainable market, as it reduces the influence of irrational exuberance and speculative behavior. However, it's important to note that JOMO should not be seen as a reason to completely disengage from the market. Investors should still stay informed and actively manage their portfolios to take advantage of profitable opportunities.
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