88% of cryptocurrency investors ”missed out on a big opportunity to make a profit”

A survey has revealed that many cryptocurrency investors feel they are missing out on opportunities to make a return on their assets.
Global cryptocurrency exchange Kraken announced on the 4th that it will begin accepting cryptocurrency holders in the United States.
The Kraken 2024 Cryptophobia Survey, which analyzed FOMO and FUD sentiment, was released today. The survey surveyed 1,248 participants to gauge the impact of emotions on investment decisions.
According to Kraken, 88% of survey participants felt they missed out on a huge profit opportunity. This sentiment is likely due to the recent Bitcoin-led bull market.
On December 5th, Bitcoin (BTC) surpassed $100,000 for the first time in history. Bitcoin has risen 126% since January of this year to reach this important price range.
In addition to Bitcoin, altcoins are also on the rise, especially Ripple (XRP), which has overtaken Solana and Tether to become the third-largest cryptocurrency by market capitalization.
The survey found that while some investors feel they have already missed out on a big opportunity, many participants are still excited about the potential benefits of investing in cryptocurrencies.
About 84% of respondents had a positive outlook for future opportunities in cryptocurrency investments. Kraken found that the survey results showed that emotional decisions were negatively impacting cryptocurrency portfolios.
63% of participants admitted that their emotional investment decisions have negatively impacted their digital asset portfolios.