Just read a study that shows how hype and social concerns impact crypto investing.

When people see headlines like “1,500 new Bitcoin millionaires,” they invest 21% more—proof that FOMO is real. But when reminded about Bitcoin’s environmental impact or its use in illegal activities, their investment drops by 15-18%.

Before jumping on the latest crypto craze, check your motives. Are you making a smart, informed decision, or just following the hype? I think we all knew this is real — just now it’s backed up by a research.

Although this is just a part of a puzzle that makes up the crypto price, I know. Thing is, even I sometimes forget to check my motives and sell low, huh.

Full study here. Worth a read to keep your investments grounded.