Peran Fear of Missing Out terhadap Pengambilan Keputusan Investasi Cryptocurrency pada Generasi Z

This study aims to analyze the influence of Fear of Missing Out (FOMO) on cryptocurrency investment decision-making among Generation Z. The research employed a quantitative correlational approach with a convenience sampling technique, involving 150 respondents aged 17–26 years who have been actively investing in cryptocurrency for at least three months. The instruments used include the CFOMO Scale (α = 0.764) to measure the level of FOMO and the Investment Decision-Making Scale (α = 0.903) to assess the investment decision-making process. Data were analyzed using a simple linear regression test through the JASP application. The results showed that FOMO had a positive and significant effect on cryptocurrency investment decision-making (p = 0.021 < 0.05), meaning that the higher an individual's FOMO level, the greater the tendency to make investment decisions quickly without rational consideration. The conclusion of this study indicates that social influence, digital trends, and environmental pressure are the main factors driving impulsive investment behavior among Generation Z. Keywords: Fear of Missing Out, Cryptocurrency, Generation Z, Investment Decision-Making

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Publication Details

Journal
Journal of Management and Bussines (JOMB)
Published
2026-10-28
DOI
https://doi.org/10.31539/0wv0dz02
Primary Topic
Financial Literacy and Behavior
Type
article
Field-Weighted Citation Impact
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article

Peran Fear of Missing Out terhadap Pengambilan Keputusan Investasi Cryptocurrency pada Generasi Z

Azzaitun Nur Rachma
Journal of Management and Bussines (JOMB)
Financial Literacy and Behavior
article

Peran Fear of Missing Out terhadap Pengambilan Keputusan Investasi Cryptocurrency pada Generasi Z

Azzaitun Nur Rachma
article en

Abstract

This study aims to analyze the influence of Fear of Missing Out (FOMO) on cryptocurrency investment decision-making among Generation Z. The research employed a quantitative correlational approach with a convenience sampling technique, involving 150 respondents aged 17–26 years who have been actively investing in cryptocurrency for at least three months. The instruments used include the CFOMO Scale (α = 0.764) to measure the level of FOMO and the Investment Decision-Making Scale (α = 0.903) to assess the investment decision-making process. Data were analyzed using a simple linear regression test through the JASP application. The results showed that FOMO had a positive and significant effect on cryptocurrency investment decision-making (p = 0.021 < 0.05), meaning that the higher an individual's FOMO level, the greater the tendency to make investment decisions quickly without rational consideration. The conclusion of this study indicates that social influence, digital trends, and environmental pressure are the main factors driving impulsive investment behavior among Generation Z. Keywords: Fear of Missing Out, Cryptocurrency, Generation Z, Investment Decision-Making

Journal of Management and Bussines (JOMB)
Openalex Percentile: Top 4%
Financial Literacy and Behavior
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Peran Fear of Missing Out terhadap Pengambilan Keputusan Investasi Cryptocurrency pada Generasi Z — Azzaitun Nur Rachma · Journal of Management and Bussines (JOMB) (2026) | TGRS Research Map | TGRS