The Crypto Shrink

The Crypto Shrink

Thoughts on the intersection of psychology and crypto. Sharing information on how the sometimes flawed ways we seek and process information and think about the world around us influence decision-making in the world of crypto.

Availability Heuristic and Why You Should Ignore Moonshot Stories

18 Sep 2021 2 minute read 1 comment TheCryptoShrink

We've all heard the stories about someone throwing money at crypto and making it rich. Lots of these people were very early adopters, in when prices were very low. Others, to put it bluntly, were just lucky; like the people who bought into a memecoin...

My Approach to Yield Farming

18 Aug 2021 3 minute read 4 comments TheCryptoShrink

To me, staking and yield farming are some of the best innovations in DeFi and have the potential to enable us to grow wealth in a way that is impossible with traditional finance. But they also come with risks. The biggest being the proliferation of r...

Dungeon Diving: My DungeonSwap Review

2 Aug 2021 1 minute read 3 comments TheCryptoShrink

Last week I wrote about DungeonSwap, a table-top RPG style game on BSC. I've been pretty excited about this project, and today they released the first few dungeons of the actual game. So far, it has a pretty legitimate D&D feel to it, but with a smal...

My favorite small cap project: DungeonSwap

27 Jul 2021 1 minute read 0 comments TheCryptoShrink

Like many of you, I spend a decent amount of time trolling through CoinMarketCap or CoinGecko somewhat regularly looking for new small projects I can get into early on. I've found a few that I've invested in, but my current favorite is DungeonSwap, a...

You'll Never Change My Mind: Belief Perseverance

15 Jul 2021 2 minute read 0 comments TheCryptoShrink

I've known a lot of people in my life who I just won't debate with. I know they'll never change their mind no matter what kind of proof or argument I have to offer them. It's like talking to a wall, and it's really frustrating. Except I do it too. Fo...

I'm the Best! Understanding Illusory Superiority

7 Jul 2021 2 minute read 1 comment TheCryptoShrink

I like to think that I'm smarter than average. Probably also a better driver than most. Definitely better than average at my job. But I'm also not alone in believing that. You probably believe those same things, and maybe more. In fact, the vast majo...

Confirmation Bias and Your Bubble

24 Jun 2021 3 minute read 4 comments TheCryptoShrink

Most of us have heard at least passing reference to our social media "bubbles." I won't try to go in-depth on what they are since it's outside what I want to focus on here, but basically you see what an algorithm thinks you want to see. It's pretty i...