A simple question for you to consider :
Why should future return of a (stock/crypto currency/fx pair) always be the same as their past returns? When the investors comes to believe that (stock/crypto currency/fx pair) is guaranteed to make money in long run, won't the market end up being wildly overpriced? and once that happens how can future returns possibly be high?
Why should future return of a (stock/crypto currency/fx pair) always be the same as their past returns? When the investors comes to believe that (stock/crypto currency/fx pair) is guaranteed to make money in long run, won't the market end up being wildly overpriced? and once that happens how can future returns possibly be high?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.