Why 88% of Investors Feel Left Behind, According to Kraken

Crypto FOMO: Why 88% of Investors Feel Left Behind, According to Kraken

Written by Aaron S.,

Editor-In-Chief

Last Updated: December 05, 2024

Key Takeaways

88% of cryptocurrency investors regret missing big gains, especially after Bitcoin’s $100,000 surge;
63% of participants admit emotional decisions have hurt their crypto portfolios;
FOMO and FUD drive many crypto investors' choices, with 60% fearing sudden price spikes.

The cryptocurrency exchange Kraken $830.67M recently released the Crypto FOMO Survey 2024 results, which examines the emotions driving crypto holders in the US.

The survey, with 1,248 participants, explores the role of fear—fear of missing out (FOMO) and fear, uncertainty, and doubt (FUD)—in influencing their crypto investment decisions.

One of the most important findings is that 88% of those surveyed feel they missed crucial gains. This sense of regret likely stems from Bitcoin’s explosive growth.

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On December 5, Bitcoin BTC $100,541.72 reached a historic high of $100,000 for the first time, marking a 126% increase since the start of the year. This rally has left many feeling like they missed their chance to cash in.

Emotions have had a clear impact on decision-making. Kraken found that 63% of respondents recognized that emotional responses had negatively impacted their investments, highlighting how relying too heavily on market sentiment can lead to costly mistakes.

When asked about their biggest fears, 81% admitted they had made investment decisions based on FUD. At the same time, 84% said they had acted out of FOMO during price rallies.

Additionally, 60% of participants pointed to the possibility of missing out on a sudden price surge as their primary concern.

While the crypto market’s volatility drives investors’ decision-making fears, Bitcoin’s recent surge past $100,000 has sparked excitement. How did Bitcoin holders react to this big milestone? Read the full story.