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I’m not so sure. With no evidence, I buy into the conspiracy theory that Wall St. is deep into crypto. It’s a new breed of fish, and these are people who live a
by beager 9y ago
I’m not so sure. With no evidence, I buy into the conspiracy theory that Wall St. is deep into crypto. It’s a new breed of fish, and these are people who live and breathe intricate, counterintuitive financial systems. I’d be shocked if they hadn’t identified some alpha in crypto and were exploiting it.
- googletazer 9y agoThose at the forefront were already into cryptocurrencies back in 2013. Read Nuclear Phynance forums.
- quickthrower2 9y agoAlpha? so far is buy and hold is pretty good.
- beager 9y agoFor most people yes, but I surmise that it’s easy to manipulate up and down and therefore predict as well for maximum gain.