הצטרף ל-Nostr
2026-05-21 20:31:25 UTC

dsbatten on Nostr: Reason to meditation #3: It eliminates the sunk-cost bias This one should matter to ...

Reason to meditation #3: It eliminates the sunk-cost bias

This one should matter to any Bitcoiner who's ever held an altcoin too long.

Andrew Hafenbrack at INSEAD ran four studies - one correlational, three experimental. These studies showed that meditation reduces the tendency to let unrecoverable past costs influence current decisions.

Fifteen minutes of focused-breathing meditation was enough to shift participants away from sunk-cost thinking. The mechanism: meditation reduces focus on the past and future, which reduces the negative emotion that drives the bias.

Source: Hafenbrack et al. - Debiasing the Mind Through Meditation (Psychological Science, 2014)
https://journals.sagepub.com/doi/10.1177/0956797613503853

What this means is, meditation doesn't just help you HODL, it helps you make the decision to HODL or DCA based on what's in front of you now, rather than what you've already spent.