Discover and read the best of Twitter Threads about #bitmexrekt
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20 biases and fallacies that shape the often strange psychology of money. Another tour de force from @morganhousel.
Here are a few that seem particularly relevant for the crypto crowd. collaborativefund.com/blog/the-psych…
Here are a few that seem particularly relevant for the crypto crowd. collaborativefund.com/blog/the-psych…
#1 Earned Success & Deserved Failure fallacy.
My stint as a Silicon Valley VC highlighted this one The most long-term durable VCs I knew where those who had a deep appreciation for this and fought the temptation to revere their good bets as god-like prognostication powers.
My stint as a Silicon Valley VC highlighted this one The most long-term durable VCs I knew where those who had a deep appreciation for this and fought the temptation to revere their good bets as god-like prognostication powers.
#5 Anchored To Your Own History bias.
Remember when, for most of the year, Twitter kept asking when the next alt season was coming? This one is even more challenging in crypto because it feels like, so early in the industry, our historical experiences should carry more weight.
Remember when, for most of the year, Twitter kept asking when the next alt season was coming? This one is even more challenging in crypto because it feels like, so early in the industry, our historical experiences should carry more weight.
