Tag: Cryptocurrency Investing
Riding the Market Waves: Demystifying the Illusion of Control in Investing
In the grand casino of the stock market, there’s a subtle yet pervasive bluff that even the savviest investors sometimes fall for – the Illusion of Control. It’s like believing you can command the rain to stop just because you bought an umbrella. This cognitive hiccup makes us overestimate our power to control events, particularly…
Unframed Reality: Mastering the Crypto Market by Seeing Beyond the Framing Effect
Ah, the Framing Effect! It’s like a magic trick in the world of psychology, where the same rabbit (information) looks different depending on the hat (context) it’s pulled from. This trickster is particularly sneaky in the world of investing, especially in the crypto-sphere, where fortunes rise and fall faster than a yo-yo champion’s hand. The…