Every time Bitcoin crashes I panic sell at the bottom, then buy back in when it recovers, and I have lost $15,000 doing this exact thing four times.
More people experience this than they realize.
Loss aversion combined with recency bias creates a destructive cycle where emotional reactions consistently override rational strategy.
“Where Are You with Behavioral economics — biases in financial decisions?”
Peri can explain why this happens, help you decide if this is the right situation for you, and point toward the right journey or coach.
If this sounds familiar, the Library can help you find the bigger picture.