disruptvestor on Nostr: Shitcoin tokenomics are designed to take advantage of our 'unit bias' and pull-in ...
Shitcoin tokenomics are designed to take advantage of our 'unit bias' and pull-in liquidity.
1. Unit bias is the preference of having 1 whole unit of an item over a fraction of it. Most crypto projects take advantage of this inherent bias that humans have.
2. By pricing their tokens at a fraction of $1, they enable the average retail investor to stack hundreds if not thousands of 'whole token units'.
3. What most new investors are unable to distinguish is that thousands of 'whole' tokens of worthless crypto ALT projects will trend to ZERO in comparison to just a fraction of Bitcoin.
Be vigilant, be safe.
1. Unit bias is the preference of having 1 whole unit of an item over a fraction of it. Most crypto projects take advantage of this inherent bias that humans have.
2. By pricing their tokens at a fraction of $1, they enable the average retail investor to stack hundreds if not thousands of 'whole token units'.
3. What most new investors are unable to distinguish is that thousands of 'whole' tokens of worthless crypto ALT projects will trend to ZERO in comparison to just a fraction of Bitcoin.
Be vigilant, be safe.