My Russian-language book “The Smart Crowd” is ready for print. One idea from it fits crypto best: a crowd is wise only while everyone in it is wrong in their own way.
When thousands of traders ask the same models, their trades converge, and on a bad day everyone runs for the same door. Diversify by how your systems make mistakes, not by how many coins you hold. $BTC $ETH
When thousands of traders ask the same models, their trades converge, and on a bad day everyone runs for the same door. Diversify by how your systems make mistakes, not by how many coins you hold. $BTC $ETH
