Study Finds Conviction Drives Crypto Investment Decisions

1h ago•

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A crypto investor is torn between his convictions and the allure of high returns, under the influence of a mysterious, omnipresent, and menacing financial authority.

Why do some buy bitcoin while others prefer to stay away? A study by the Cleveland Federal Reserve points less to age or income than to a harder-to-measure factor: what each person thinks about the future return of crypto. And a few figures on past performance can sometimes be enough to tip the undecided.

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1h ago•

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