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The term 'Bandwagon Fallacy' refers to a logical fallacy where individuals adopt a belief or action merely because it is popular or widely accepted, without critically evaluating its merits. The use of bandwagon tactics in advertising, like Old Navy's and McDonald's commercials, aims to tap into this psychological tendency by portraying their products as universally loved and fashionable, encouraging consumers to join the trend.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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