10 Reasons that Explain the Score-to-Price Correlation Fallacy in Crypto Marketsby@jrodthoughts

10 Reasons that Explain the Score-to-Price Correlation Fallacy in Crypto Markets

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The score-to-price correlation fallacy is an example of a naïve belief in financial markets that single factors can serve as long term predictors of price movements. In large and rational financial markets, the single-factor trend has lost momentum in favor of more complex multi-factor strategies. However, a nascent and irrational market like crypto-assets brings back the hopes of discovering the magic metric that can solve the market. Different factors will contradict themselves under different market conditions, such as block halving, forks, hacks, large blocks are some of the many examples.

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by Jesus Rodriguez @jrodthoughts.Chief Scientist, Managing Partner at Invector Labs. CTO at IntoTheBlock. Angel Investor, Writer, Boa
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