Over the weekend, I got this tweet from a hedge fund analyst who told me that Monday morning it was going to be over for $IREN, $NBIS, $BTDR, and $CRWV. They are all gapping up today despite negative news over the weekend. How can that be? The answer is “priced in.” After 40% drawdowns in those names, a lot of what has happened and what is yet to come is already priced in. I see investors at every level struggle with this concept, and it may be the most important concept of all.
ZShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.