#70: " Bitcoin Hits $93K, But Are Your Emotions Sabotaging Your Gains?"

Send us a text Bitcoin has just smashed through the $93K barrier, and the euphoria in the market is palpable. But in this episode, Doc and Oz take a step back from the excitement to dive into the psychology that drives these price movements. It’s all too easy to get swept up in the hype during a bull run, but understanding the emotional biases at play is crucial to protecting your portfolio. From the fear of missing out (FOMO) pushing traders to chase the latest hot tokens, to overconfidence bias tricking even seasoned investors into reckless trades, Doc and Oz unpack the hidden psychological traps that can lead to costly mistakes. They delve into why some investors hold onto losing positions out of sheer stubbornness, how social media can amplify herd mentality, and why being aware of these biases can be the difference between cashing out profits and becoming exit liquidity. With real-world examples from the latest market movements and insights drawn from years of experience, this episode offers actionable strategies to help you navigate the current market with a clear head. Whether you’re a long-time hodler or new to the crypto space, this episode is packed with practical advice to help you stay disciplined, avoid the hype, and make smarter decisions as Bitcoin reaches new highs. Tune in, sharpen your mindset, and learn how to master your emotions before they master you. Date of podcast recording: Thursday 13th November "24 Unlock in-depth market analysis, exclusive insights, and advanced data tools tailored for serious crypto enthusiasts and traders. Join our Alpha Insider or DataVision Analytics subscriptions today and elevate your crypto journey with premium resources from Crypto Unplugged. Ready to dive in? https://www.themarketsunplugged.com/#/portal/signup https://www.themarketsunplugged.com/ Crypto Unplugged Social Media Twitter: Doc - @DrCrypto47 Oz - @AskCryptoWealth Crypto Unplugged - @crypto_unplugd Crypto Unplugged YouTube Channel: https://www.youtube.com/CryptoUnplugged Support the show If you would like to leave a tip, please use our wallet addresses below. BTC: 1FwmHZMrq6qcNsGFv8NHTXkRDZdrtGMNCw ETH: 0xFba740B8dC981A461D4e7aD0be79879782996B85 DOT: 16dKAZgkSwrDQMArctsquwLDPEcpaZZHEk6AT9Jf3HeMx5pF If you send us a tip, please tweet us so we can send you our thanks! Thanks for listening!