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> There are no news... I just said that the historical price information should contain all the relevant information about the asset. No, the news is changes i
by crazygringo 2y ago
> There are no news... I just said that the historical price information should contain all the relevant information about the asset.
No, the news is changes in supply and demand, and the factors behind those changes, and how we expect those to change in the future. Those determine the current and future prices.
And those are not contained in historical price data. Historical price data is irrelevant to those.
Good luck with your investing.
- Geee 2y agoThat's information about the market, not about the asset. Good luck to you too.
- karmakurtisaani 2y agoThe market defines the price, not the asset..
- Geee 2y agoThere's information about the market, like interest rates and whatever is happening in politics and how the economy is doing. Then there is information about assets, which might change or not change. Gold and bitcoin react to information about the market, because these assets don't really change.