4min chapter

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Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)

Infinite Loops

CHAPTER

Cryptocurrency Bubble

The market is this immersion property of people deciding on valuations together. As you get farther and farther into the future, you have more in mort on certainty. This reflects tin term structures across the market, accost tems of classes. In general, bubbles do former on these novel paradise or very hard to value or sand concepts. It doesn't take much collapse to really trigger full on clocks because you are looking at signals in the market which are really other people reacting.

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