Why We Cant Resist Crypto Ponzi Schemes: Cognitive Biases Fool Our Thinking Not Greed Or Desperation

🎉 Welcome to the latest and most exciting episode of the WHAT: DE HEK Podcast and YouTube Channel! 🔥 Get ready to explore the thrilling world of crypto Ponzi schemes and the cognitive biases that make them irresistible. 💸💰Join your favourite host, Danny de Hek, and special guest Rob (Noname) as they dive deep into the topic of how our brains can deceive us when it comes to investing in these schemes. 😱In this episode, you'll discover the different types of cognitive biases that can impact our decision-making, making us believe in things that aren't true and keeping us invested in something that may not be a good idea. 🤯From confirmation bias to hindsight bias, we'll explore how these biases can contribute to our investment decisions and how to avoid falling into their traps.By the end of this episode, you'll have a better understanding of the powerful forces that drive us towards crypto Ponzi schemes, and how to protect yourself from their allure.So, grab your popcorn 🍿, sit back, and join us on this exciting and thought-provoking journey into the world of cognitive biases and crypto Ponzi schemes! 💪TIME STAMPS / CHAPTERSIntroduction 00:00:00Coin Market Bull 00:02:00Cognitive Bias 00:11:30Confirmation Bias 00:13:00Loo Stop (1) 00:20:30Availability Bias 00:21:005 Million Lost to Ponzi Scheme 00:22:30Framing Effect 00:25:30Danny Been Sued for 3.8 Million 00:35:00Hindsight Bias 00:32:50ViDiLOOK 00:35:16Overconfidence Bias 00:40:00Praise Jehovah 00:49:30Danny is a Millionaire 00:51:00Hanging onto Hope 00:52:30Loo Stop (2) 00:56:00HyperVerse 00:56:30Passive Income Vs Old-fashioned Business 01:01:00Focus on Real Business 01:06:00Circle of Friends 01:09:00Nigerian Scams 01:15:50The Coronation of King Charles III 01:16:25Texting Messaging Scammers 01:21:00Conclusion 01:30:00Support the show

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