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2025-05-20
16:04
How Liking Bias Influences Crypto Trading Decisions: Insights and Market Impact

According to Compounding Quality (@QCompounding), the concept of Liking Bias causes traders to trust information from sources they favor, even if those sources are inaccurate or deceptive (Source: Twitter, May 20, 2025). This psychological bias can affect trading decisions in the cryptocurrency market, leading to potential misjudgment of asset values or trends based on influencer opinions rather than objective data. Traders should remain vigilant against such biases, as they may result in increased volatility and herd-driven price movements, especially during periods of heightened social media activity.

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