The fear of missing out works in reverse too. Just ask anyone holding Bitcoin right now.
No one likes watching others get rich, and when it happens it does something to investor psyches. That’s one reason investment bubbles form—money rushes into a sector playing catch-up, looking for a piece of the action.
No longer. Bitcoin is down nearly $5,000 or 12%, breaking $40,000 in early Wednesday trading. It’s the tenth daily drop in the past two weeks of trading. The cryptocurrency is…
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