Being at the investment industry may give you experience, but there is always that fear inside each of us. Fear can have a considerable effect on how you make decisions related to your finances. Whether you want to invest in real estate, buy stocks form a company, or try trading cryptocurrency, fear can influence your ability to make decisions.

Though this can prevent you from pursuing what you want, a certain degree of fear can keep you focused and make you more alert. This means that fear is not necessarily a bad thing. Fear can be divided into two types, namely F.O.N.G.O and F.O.M.O. Even though these forms of fear can have an impact on your finances, it is possible to use them to your advantage.