1. 🧲 Confirmation Bias
This bias causes you to only seek information that confirms your beliefs and ignore data that may contradict them.
📌 Example:
You believe that coin X is going to explode. Instead of coldly analyzing the risks or fundamentals, you just watch videos and read posts from others who also think it will rise. You avoid any opposing opinions.
🔍 Consequence:
You lose your critical sense, ignore important alerts, and expose yourself too much to assets with little solidity.
💡 How to avoid:
Actively seek arguments contrary to your thesis.
Play 'devil's advocate': challenge your own convictions.
Follow analysts with different views (including those who disagree with you).
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2. 🎰 Survivor Bias
You see stories of those who made millions with crypto and think: 'this will also happen to me'. But you don't see the thousands who lost everything along the way.
📌 Example:
You watch videos of those who got rich with Shiba Inu, Dogecoin or PEPE, but don't see how many lost money in similar coins — and aren't even remembered.
🔍 Consequence:
You take risks without realizing it, guided by outlier stories, thinking they are the norm.
💡 How to avoid:
Study real return statistics, not just 'success stories'.
Always ask: 'what am I ignoring?'
Analyze risks with the same energy that you analyze opportunities.
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3. 🧼 Emotional Anchoring
You cling to the price you paid for an asset, believing it needs to return to that value so you don't 'lose'.
📌 Example:
You bought a token for R$ 10. It dropped to R$ 2. Instead of reevaluating the asset, you 'wait for it to come back' to sell — even if the project is deteriorating.
🔍 Consequence:
You keep bad assets in your portfolio out of pride or emotional attachment, missing out on better opportunities.
💡 How to avoid:
Reevaluate the fundamentals periodically.
Decouple your decision from the 'purchase price'.
Remember: money stuck in a bad asset is also a loss.
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4. 💸 Loss Aversion Bias
Psychologically, the pain of losing R$ 1,000 is twice as intense as the pleasure of gaining the same amount.
📌 Example:
You sell a promising coin too early out of fear of losing profit.
Or you keep a bad coin out of fear of realizing the loss — even with the capital deteriorating.
🔍 Consequence:
You make defensive decisions, not strategic ones. And this limits your gains and amplifies your losses.
💡 How to avoid:
Use clear profit and loss goals (take profit / stop loss).
Face losses as part of the game, not as personal failures.
Reflect: did you invest to be right or to make money?
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5. 🔄 Overconfidence Bias
You get a prediction right and believe you understand the market.
You start trading more, exposing more capital, jumping into hype, believing in 'feeling'.
📌 Example:
You made a profit on two trades and are already starting to follow bad influencers, making impulsive decisions, becoming a 'weekend expert'.
🔍 Consequence:
Confidence without method turns into arrogance. And the market punishes that with losses.
💡 How to avoid:
Maintain humility even in successes.
Attribute good results to strategy, not luck.
Avoid trading based on emotion or ego.
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✅ Conclusion: Investing well starts with self-awareness
If you want to do well in the crypto market, you need more than good analyses: you need to master your emotions and thoughts.
📌 A rational investor is not someone who never feels fear or euphoria.
It's someone who recognizes their own triggers — and acts with awareness, not impulse.
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Here, ethics guide every word. The commitment is to the truth, the focus is on your growth.
Let's go together on this journey — with awareness, clarity, and purpose.
If this content helped you, follow my page to continue growing seriously and intelligently in the crypto world.