Bitcoins
Move Over Anchoring Bias, But Bitcoin’s Bull Run Still Has Plenty of Steam Left
Traditional finance investors who want exposure to bitcoin could fall victim to the anchoring bias and intuitively wait for cheaper entry prices. That’s because, in conventional markets, assets rarely double in value in less than a year. Besides, investors, in general, are vulnerable to loss aversion, a cognitive behavior of booking out of winning trades…
Explaining Bitcoin’s ‘Flash Crash’
The cryptocurrency’s volatility cuts both ways. Source link
Bitcoin’s (BTC) Famed Bull Market Pullbacks Have Been Elusive. Here’s Why
Derivatives are usually leveraged instruments, allowing traders to take bullish (long) or bearish (short) positions worth more than the amount they have deposited as a margin at the exchange. Leverage is a double-edged sword, magnifying both profits and losses. It also exposes traders to liquidations, or forced unwinding, due to margin shortfalls. Furthermore, mass liquidations…
This $28K Pixelated Avocado Could Add to Bitcoin’s Raging Censorship Debate
“Elegantly weaving the nuanced tapestry of Bitcoin’s history, culture and core technicalities, each unique, pixelated, and hand-crafted piece forms part of a masterful, yet playful guide to the revolutionary realm,” the Sotheby’s description reads. “Shroomtoshi created a standalone digital art collection that captures the cryptocurrency zeitgeist through nostalgic and hyper-referential modes.” Source link