Can accurate data still give you the wrong picture?

I used to think that if a number was accurate, it was useful.

But that's not always the case.

A number can be accurate and still give you the wrong picture.

Take a bStock price from earlier in the day. It can be completely accurate for that moment. But if I'm using it to compare two bStocks now, I might be drawing a very different conclusion from what the market looks like today.

Volume works the same way. An older figure can tell me exactly what happened before, but that doesn't necessarily tell me how active the asset is now.

That's why data freshness started to seem more important to me than I initially thought.

The number itself isn't necessarily wrong.

The context around the number has changed.

So when I see a price or volume figure attached to a bStock, I don't just ask:

“Is this number accurate?”

I also ask:

“Accurate for when?”

For me, that's an easy detail to overlook.

But when comparing bStocks, the timing behind the number can change the story it tells.

#bstockscis @BinanceCIS