Binance Blog
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The Science Behind Cryptocurrency Misconceptions: Status Quo Bias and Ownership Effect
Main topics of the post:Status quo bias and the entitlement effect are systematic flaws in human thinking that can lead to resistance to change, especially when combined, often resulting in missed opportunities.These biases can pressure us to stick with familiar choices, even if they are less effective or outdated.Understanding and challenging these biases helps open doors to new possibilities, especially in the growing field of digital finance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
