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The Psychology of Shitcoin Hype: Why Investors Flock to Risky Assets

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Manage episode 417517067 series 3564664
Content provided by Wirex. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wirex or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Our guest for today's podcast episode - Narek Gevorgyan, CEO at CoinStats, is going to talk about "shitcoins" – what they are, why people invest in them, and what makes them appealing to some investors.

Points covered:

  • How to distinguish "shitcoins" from more established cryptocurrencies?
  • The concept of "pump and dump" schemes;
  • Are there any warning signs that investors should watch out for when evaluating potential "shitcoin" investments?
  • In what ways do the branding and marketing strategies of "shitcoins" impact investor perceptions and behaviours?

…and more!

Host: Lianna Adams, Founder of Impactful Artistry, Web3 advocate

DISCLAIMER: The information contained herein is not intended as, and shall not be understood or construed as, financial advice. Wirex and any of its respective employees and affiliates do not provide financial, legal, or investment advice. The information contained herein has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for financial, legal, or investment advice. Additionally, all opinions expressed in this episode are those of the speakers and do not represent the views or opinions of Wirex.

  continue reading

11 episodes

Artwork
iconShare
 
Manage episode 417517067 series 3564664
Content provided by Wirex. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wirex or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Our guest for today's podcast episode - Narek Gevorgyan, CEO at CoinStats, is going to talk about "shitcoins" – what they are, why people invest in them, and what makes them appealing to some investors.

Points covered:

  • How to distinguish "shitcoins" from more established cryptocurrencies?
  • The concept of "pump and dump" schemes;
  • Are there any warning signs that investors should watch out for when evaluating potential "shitcoin" investments?
  • In what ways do the branding and marketing strategies of "shitcoins" impact investor perceptions and behaviours?

…and more!

Host: Lianna Adams, Founder of Impactful Artistry, Web3 advocate

DISCLAIMER: The information contained herein is not intended as, and shall not be understood or construed as, financial advice. Wirex and any of its respective employees and affiliates do not provide financial, legal, or investment advice. The information contained herein has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for financial, legal, or investment advice. Additionally, all opinions expressed in this episode are those of the speakers and do not represent the views or opinions of Wirex.

  continue reading

11 episodes

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