2. cryptotrading is war
In state-organized struggles there is the term “fog of war”.
The general does not see the entire map, but only what is in front of his eyes. He has to make decisions with incomplete information.
That’s the same in trading. Individual traders are always on the wrong side of asymmetry.
There are so-called whales – they have so much crypto that they can change the price significantly with a trade. But only the whale knows when he’s doing it.
If a (real or fake) message drives the price, then we usually find out too late. In trading, those who have essential information beforehand win. Read more from decentralpost.com…
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