The Economic Phenomena Of The "Disposition Effect" In Contrast To Crypto
The Disposition Effect is a concept that reiterates how people tends to sell their assets that's doing well monetarily in the market, but keeps the ones that are dwindling in price, with hope that the fortunes might outrightly change with time. This effect is a bias in people's personal finance especially when it had to do with following the market trends when it comes to making decisions in relations to holding or selling. In this video, I talked about how this doesn't really tally with the phenomenon in crypto and how the contrast might show that making crypto decisions doesn't need to be logic to be actually productive. I also talk about how crypto hardly aligns with real-time economics and how it's a a different economic institution of its own.
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My name is @Josediccus, a young Nigerian entrepreneur who is a Vlogger, A Psychologist, Poet, Sports Writer/Analyst & Personal Finance Coach. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers
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