Psychos Buy Bitcoin
We conducted a survey to find out. In particular, we wanted to know about the relationship between the so-called “dark tetrad” personality traits and attitudes towards cryptocurrency. In psychology, the “dark tetrad” refers to a group of four personality traits. These are Machiavellianism, narcissism, and psychopathy (together known as the “dark triad”), plus sadism. They are…
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Understanding Crypto
PS: This podcast makes some very interesting points regarding the psychology of speculative tools such as crypto and NFT’S.What is particularly insightful is the notion that trading in these instruments is not necessarily about any form of economic utility but is rather a form of signaling between young men.
What Do They Talk About?
Here is a quick quiz. Below are ae two charts with both the name and price scale removed – the first is weekly, the second is daily. What is the predominant trend of both? If you were able to glance at both charts and recognise that they were both timeframes showing a downtrend then take…
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Wealthy Investors, SMSFs Buy The Crypto Dip
Cryptocurrency trading platforms report a spike in activity from self-managed superannuation funds and rich wholesale investors even as the value of global digital assets tanked by $US1 trillion ($1.4 trillion). Micro-investing app Bamboo has detected a 17 per cent spike in sign-ups from SMSF trustees in the past month. The app allows investors to deploy…
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Half a Billion in Bitcoin, Lost in The Dump
If things had gone just a bit differently, James Howells might today be as rich as the Queen of England. The decisive moment, he now thinks, occurred one evening in August, 2013, when he was twenty-eight and at home with his family in Newport, a small city on the Welsh coast. Howells and his partner,…
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