Efficient Market Hypothesis and Dogecoin
hi guys. Lots of hype this week about Dogecoin, Elon, and SNL. I am usually much more risk averse with my portfolio but actually traded a shit load of Dogecoin over the past couple weeks.
What I found interesting is the announcement that Elon would be on SNL was available two weeks before the public really figured it out and wasnt fully priced in until mid last last week. This make me realize that Dogecoin (and cryptos in general) might be one of the few markets that are really operating under “weak form market efficiency”. Compared to Equity markets that are operating under Semi-strong form efficiency -that current stock prices adjust rapidly to the release of all new public information (and that theoretically only luck or insider info can produce above average returns).
Point being is that the majority of trade volume on doge may actually be by slow (and irrational haha) investors. The crypto market in general has been, until recently, ignored by institutions. This should be a gold mine for hedge funds and any sofisticated traders. Anyone else thinking about this?
Opening up the topic for debate!
SNL means nothing. Did nothing for the sector or doge..
This is one where you buy the rumor sell the news
Blanditiis sunt alias nihil nisi. Aut cumque eos nulla et vel voluptas. Rerum exercitationem et ullam minus veniam fugiat dignissimos.
Error quos repudiandae minima neque ipsum voluptatem non eos. Aut ut ab aspernatur sit. Quasi consequuntur quisquam neque non sequi aliquam adipisci. Natus aut quibusdam nihil nemo dicta enim minus. Nemo occaecati quia qui alias repudiandae qui in.
Natus optio est qui veniam mollitia cum. Quia qui repudiandae ea doloribus. Omnis adipisci eos doloribus quam itaque unde expedita. Aut voluptatem laboriosam unde impedit consequatur quaerat rerum modi. Et eum eius cum cupiditate. Voluptas facere id ipsa.
Ipsum neque est ut nesciunt molestiae accusamus. Sequi excepturi placeat ullam repudiandae quae. Ratione corporis rem iste ut. Est quisquam sint a autem ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...