At the "Meta Girls Party: Goddess Night 2026" in Hong Kong, Mark, CTO of Singularity Technologies, addressed the prevalent issue of overconfidence in Web3 investing. Drawing on behavioral finance research, he highlighted how male investors trade more frequently than females, leading to lower returns. This bias is amplified in Web3 markets due to continuous trading, high leverage, and emotionally driven information sources. Mark also discussed the endowment effect, where investors overvalue their holdings due to emotional attachment, likening it to becoming a "parent" to their investments. He suggested expanding investment portfolios to mitigate these biases, rather than solely relying on rationality. Desun Qidian Technology, a subsidiary of Desheng Industrial Investment Services Group, exemplifies this approach by offering diversified investment strategies across digital finance, securities, and industrial finance.
Desun CTO Highlights Overconfidence and Endowment Effect in Web3 Investing
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