Bitcoin investors rejoice as the cryptocurrency beat all global fiat currencies yet again in 2016. Cryptocurrency trading can provide a couple of advantages for investors over conventional trading as economists tend to distort traditional markets, whether intentionally or not.
REALITY VS. ECONOMISTS’ PERCEPTION
Investors believed in the dismal science of economic analyses and ratings like religious zealots. Often, the economists’ views on the markets surfaced as meticulous mathematical outputs and philosophies.
But the truth may be further than it seems.
In the attempt to understand the economy, investors look for ‘credible’ analyses from economists. Although these analyses are based on reliable sources, yet the final output is often ‘distorted.’ Economists may have engineered their handpicked data to manipulate the outcome according to biases. And later, insert disclaimers as the escape clauses.
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