What is FOMO and why is it so important to understand? - Crypto in Plain English - Episode 242 - by cryptohunt.it

What is FOMO and why is it so important to understand? - Crypto in Plain English - Episode 242 - by cryptohunt.it

Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. My name is Christian Byza, Co-Founder of Cryptohunt.it and I am your host of this daily show.

FOMO - short for “Fear of missing out” is one of the most important terms to understand crypto markets.

In the context of blockchain investments it refers to people looking at others making money, and fearing that they’ll miss out if they don’t put money in now.

And that’s understandable: It’s one of humanity’s most basic emotions. The neighbor suddenly drives a Lamborghini, so clearly you can make it too, right?

Arguably, FOMO has impacted crypto markets more than anything. Absent of solid fundamentals, meaning large real world use cases and mature technologies, crypto has remained mostly an asset for speculators. And speculators benefit most, if everyone gets in on something.

So next time your 60 year old aunt is talking about Bitcoin, ask yourself: Is it maybe time to get out because FOMO has already gotten to everyone?

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Episoder(373)

What is a DAO? - Crypto in Plain English – Episode 29 - by cryptohunt.it

What is a DAO? - Crypto in Plain English – Episode 29 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain what a DAO ("D-A-O") is. You may remember our episode on Web 3 and its core promise ...

5 Nov 20211min

Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it

Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain what Yield Farming is or how to generate passive income with crypto. Yield farming i...

4 Nov 20211min

What the heck is staking? - Crypto in Plain English – Episode 27 - by cryptohunt.it

What the heck is staking? - Crypto in Plain English – Episode 27 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: What the heck is staking? Staking is the process of locking up tokens you own within a blockch...

3 Nov 20211min

What is a Liquidity Pool? - Crypto in Plain English – Episode 26 - by cryptohunt.it

What is a Liquidity Pool? - Crypto in Plain English – Episode 26 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain liquidity pools. If you want to exchange one token for another, you have to have a ...

2 Nov 20211min

How does swapping tokens actually work? - Crypto in Plain English – Episode 25 - by cryptohunt.it

How does swapping tokens actually work? - Crypto in Plain English – Episode 25 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How you exchange one token for another. Let’s say you own a significant amount of one coin, an...

1 Nov 20211min

What is a dApp? - Crypto in Plain English – Episode 24 - by cryptohunt.it

What is a dApp? - Crypto in Plain English – Episode 24 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we explain dApps (“d-a-p-p-s”), short for decentralized apps. Unlike traditional apps that run...

29 Okt 20211min

What is a blockchain? - Crypto in Plain English – Episode 23 - by cryptohunt.it

What is a blockchain? - Crypto in Plain English – Episode 23 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we’ll explain what blockchains are. Blockchains are the underlying concept of all cryptocurren...

28 Okt 20211min

What’s the difference between crypto and credit card payments? - Crypto in Plain English – Episode 22 - by cryptohunt.it

What’s the difference between crypto and credit card payments? - Crypto in Plain English – Episode 22 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. You’ve probably asked yourself - now that you understand crypto, how does “old school” credit card mo...

27 Okt 20211min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
pengesnakk
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
utbytte
lederpodden
rss-sunn-okonomi
liberal-halvtime
rss-markedspuls-2
rss-pa-konto
hr-podden-2