They identified that many investors exhibit signs of the “dark tetrad”, a group of four unsavory traits made up of narcissism, Machiavellianism, psychopathy and sadism.
Of the participants, one in four reported that they owned crypto and two-thirds showed an interest in crypto investing.According to the researchers, dark tetrads are partly drawn to crypto because they are prepared to take risks. Machiavellians – who are good at deception and take a calculated approach to achieving goals – like crypto “primarily because they distrust politicians and government agencies”, Dr. Wang said.
Narcissists, on the other hand, are drawn to the technology because they tend to focus on the positive side of life.
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