Summary:
An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.” Zero Hedge Tyler Durden - iAddiction: "I Was A F**king Mess Yesterday"
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An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.” Zero Hedge Tyler Durden - iAddiction: "I Was A F**king Mess Yesterday"
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Mike Norman considers the following as important:
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Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.”
Zero Hedge