MarieDec 27, 2021 · 3 years ago8 answers What strategies can be used to avoid falling into the gambler's fallacy trap when trading cryptocurrencies?
What are some effective strategies that traders can use to avoid falling into the gambler's fallacy trap when trading cryptocurrencies? How can they prevent themselves from making decisions based on past outcomes and assuming that future outcomes will be the same? Are there any specific techniques or approaches that can help traders overcome this cognitive bias and make more informed and rational trading decisions?