1st and 10

We began today with a “1st and 10” analogy for kicking off your workweek and then the bulk of the discussion was about unpacking the psychology associated with bull and bear markets. Episode 176 of our week-daily virtual coffee, which takes place in Konktown’s discord server: discord.gg/konktown and Clubhouse’s Startup Club House from 8-9am EST. It's free and open to anyone from anywhere in the world. Some of the key highlights from today's session included Discussing market psychology and common biases that investors experience during bull and bear markets, such as herd mentality, overconfidence bias, recency bias, loss aversion, and confirmation bias. Emphasizing the importance of having a plan for investing and sticking to it to overcome biases and emotions. Comparing the "first and 10" concept in football to starting each Monday with a new opportunity and making progress each day. Reflecting on past market cycles and crashes while maintaining optimism about future potential based on historical data and patterns. Encouraging listeners to thoughtfully consider their own mindsets during high and low points in the market. Show notes based on our discussion (as per Otter.ai's beta tool):   Entrepreneurship, innovation, and collaboration. (0:01) Using football analogies for motivation and success. (1:27) Moving forward on Mondays with a motivational message. (5:18) Market psychology and the impact of influencers on cryptocurrency prices. (13:47) Investor psychology during bull and bear markets. (22:00) Investor biases in a bull market. (27:02) Investing and market psychology. (33:30) Overcoming confirmation bias and making informed decisions. (41:34) Greed, hope, and the cyclical nature of life and markets. (45:50) Investing strategies and overcoming biases. (52:02) Learn more about your ad choices. Visit megaphone.fm/adchoices