According to @QCompounding, Charlie Munger’s analysis on the Psychology of Human Misjudgement reveals that even experienced and intelligent individuals are prone to cognitive biases that can impact trading decisions. The thread highlights practical strategies for identifying and mitigating these biases, such as confirmation bias and loss aversion, which are especially relevant for cryptocurrency traders facing volatile markets (source: @QCompounding, May 20, 2025). Understanding these psychological pitfalls can help crypto traders make more rational, data-driven decisions and avoid common mistakes that lead to losses.