Articles for tag: cryptocurrency trading, follower dynamics, investor behavior, Risk Management, , , trading performance

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Why Chasing Followers Hurts Crypto Traders on Social Investment Platforms: Key Insights for Better Performance

A recent study from the University of Florida reveals that changes in subscriber counts significantly impact cryptocurrency traders’ performance on social investment platforms. Whether gaining or losing followers, traders exhibited riskier behaviors and made poorer trades, with performance dropping by about 10% after any fluctuation in follower numbers. The research found that increased followers could ...

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