How Biases Can AFFECT You As A Crypto Trader

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Bybit

Bybit

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How does the news we’ve seen recently affect our trading and investing decisions? On this episode of Trading Mindset, we explore how news coverage, social media, and anecdotes can influence our behavior.

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Factual and Statistical Sources:
Finucane, Melissa & Alhakami, Ali & Slovic, Paul & Johnson, Stephen. (2000). The Affect Heuristic in Judgments of Risks and Benefits. Journal of Behavioral Decision Making, J BEHAV DECIS MAKING, 13, 1–17, 10.1002/(SICI)1099–0771(200001/03)13:13.0.CO;2-S.

Tversky, A., & Kahneman, D. (1974). Judgment under Uncertainty: Heuristics and Biases. Science, 185 (4157), 1124–1131. http://www.jstor.org/stable/1738360

Zajonc, R. B. (1980). Feeling and thinking: Preferences need no inferences. American Psychologist, 35, 151–175. http://dx.doi.org/10.1037/0003-066X.35.2.151

Edited by: Gregory Accetta

#cryptocurrency #tradingpsychology #tradingtips #bybittrading #tradingmindset