16min chapter

Words of Rizdom cover image

Gary Stevenson: Bitcoin is GOING TO ZERO!

Words of Rizdom

CHAPTER

The Psychology of Trading and Gambling

This chapter explores the irrational behaviors of intelligent individuals in gambling and trading, illustrated through a personal anecdote linked to the 2011 Japanese earthquake. It emphasizes the challenges of navigating volatile markets, particularly cryptocurrencies, and warns new traders about the dangers of unrealistic advertising and addiction. The discussion also reflects on the mindset of seasoned traders, showcasing the importance of personal investment and adaptability in a rapidly changing financial landscape.

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