🙈 Availability Heuristic

The availability heuristic refers to the tendency to weigh information disproportionately by how recent, memorable, or vivid it may be. This leads to recency bias and ignoring base rates.

Rekt Frens makes crypto market history accessible to provide anchoring narratives for unusual events. By compiling and discussing previous cycles, we ground reactions to current volatility within wider contexts rather than extrapolating based on limited recall.

The community also values data-driven reasoning and burden of proof. When assessing opportunities, we analyze multi-year trajectories rather than just the most eye-catching price spikes. If the empirical evidence proves fragility behind the scenes, we maintain reasonable skepticism regardless of surface level excitement.

Additionally, the project's overall focus on risk education provides tools to quantify real worst case scenarios based on historical volatility. By focusing on continuum possibilities instead of only extrapolating recent occurrences, we avoid availability heuristic distortions infecting outlooks.

Through making history engaging, incentivizing evidence-based reasoning, and hammering downside risk scenarios, Rekt Frens insulates members from misleading first impressions. We expand investigatory aperture and memory to counter availability heuristic traps set by crypto market volatility regimes.