Crypto fever: Are you investing or just succumbing to FOMO-nia?
New Delhi: The message surprised me. “Should I buy crypto? Very tempted with the percentage of returns,” wrote a friend I’ve always admired for her financial discipline. This isn’t someone who falls for flashy sales pitches or gets carried away by big promises. She is sharp, careful, and knows the difference between genuine opportunities and shiny traps. And yet, even she seemed unsettled by the crypto buzz.
It’s easy to see why. Every other conversation these days seems to veer towards someone doubling their money with Bitcoin or getting rich overnight through some new token. The stories, true or exaggerated, make it feel like you’re missing out on something revolutionary. Add the jargon—blockchain, decentralised finance, NFTs—and it creates the impression that everyone else is in on this modern gold rush, while you’re still figuring out if you even want a ticket.
The involvement of high-profile figures like former President Donald Trump and his family in the crypto space has only added fuel to the frenzy, turning it into a global talking point. Back home in India, the mainstream media is equally captivated, with some even dedicating entire sections, daily and exclusively to cryptocurrency news. From price updates to........
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