Anchoring bias
Anchoring bias, also known as the anchoring effect, is a cognitive distortion in which users tend to make their decisions based on the first information they receive. In the context of pricing, the first price that consumers see when entering an e-commerce site or marketplace determines their choice of products and final purchase decision.
Confirmation bias
Confirmation bias or confirmatory bias is the tendency to favor, search for, interpret, and remember information that confirms one's own beliefs or hypotheses, giving disproportionately less consideration to possible alternatives. It is a type of cognitive bias and a systematic error in inductive reasoning. People show this tendency when they selectively gather or remember information, or when they interpret it in a biased way.
I was recently looking at a study where they talked about these two concepts, and in it they tried to explain why these types of events are what make most people not change their minds about BITCOIN. Sometimes it just doesn't matter that the truth explodes in front of their eyes, they will always prefer under their Confirmation bias which has been developed by all the previous years where we have been subconsciously bombarded with harmful information for our correct understanding of the world around us, forming the Anchoring bias that later develops the Confirmation bias.
Personally I admit that at first I was just a non-coiner, my vision of cryptocurrencies and the world in general was a fantasy thing full of bad information, and I still didn't understand the value of Bitcoin, or its importance. Due to my own Confirmation bias planted by the years of poor quality primary, secondary and university education that gave rise to and started my Anchoring bias based on the lies that State Education provides you. Fortunately, somewhere along the way, I allowed myself to question everything, start my Bitcoin studies, and at the same time begin the brain deprogramming that allows me to look at the reality of the world and find refuge for my energy.
In those days of disbelief, I didn't know how to justify why I doubted Bitcoin. Today, I understand the sources of that problem and the basis of my ignorance, and Bitcoin 🍊 was the one who changed that. Today, I allow myself to keep moving forward while I keep stacking.
"Slowly but Sure"
I would like to know how many of my Stacker friends feel that they have been unconsciously biased in this way, until they woke up?
How did you change your mind about Bitcoin? 🤔
I would like to know all the possible perspectives
Thanks in advance 🙏🤠