Bitcoin
Bitcoin
BTC
$103,543.00
1d: -0.49%
7d: +0.34%
$103,543.00
-0.49%
Ethereum
Ethereum
ETH
$2,495.41
1d: -3.29%
7d: +6.78%
$2,495.41
-3.29%
Polkadot
Polkadot
DOT
$4.68
1d: -3.80%
7d: -5.94%
$4.68
-3.80%
Solana
Solana
SOL
$168.15
1d: -2.62%
7d: -1.96%
$168.15
-2.62%
XRP
XRP
XRP
$2.37
1d: -1.99%
7d: +0.06%
$2.37
-1.99%
Shiba Inu
Shiba Inu
SHIB
$0.00001433
1d: -5.32%
7d: -5.70%
$0.00001433
-5.32%

Recency Bias

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Table of contents
    1. 0.2. How Recency Bias Works
    2. 0.4. Why Recency Bias Matters

Recency Bias is a cognitive bias where people give disproportionate weight to recent events or information, affecting their judgment and decision-making.

How Recency Bias Works

In the context of blockchain or financial markets, recency bias can lead investors to place too much importance on recent price movements or trends, disregarding longer-term data or historical patterns. This bias can skew perceptions of value or risk, influencing decisions that might not align with the overall market picture.

Why Recency Bias Matters

Recency bias can be dangerous for investors and traders, leading to impulsive decisions based on short-term fluctuations rather than long-term strategy or fundamentals. Recognizing this bias is essential for making more balanced, informed decisions in the volatile world of cryptocurrency and blockchain.