Efficient Market Hypothesis and Cryptocurrency prices

Alex: Does efficient markets hypothesis holds good for the market value of Cryptocurrencies at the moment?

Jason: The underlying technologies of bitcoin, ethereum, ripple and others, are new, fast evolving, complex and esoteric. No detailed investment research material is available to sizable section of the investors.

Alex: So, anything can happen to the value of the investment?

Jason: Yes, an investment here is a bet on a concept of the future, a venture bet.

Alex: Phew! so that means efficient markets hypothesis does not hold good here?

Jason: Yes! as of now.

Disclaimer: The opinion and information provided in this article should not be construed as investment advice or financial planning advice. All securities and financial products or instruments and their transactions involve risks. You should also seek taxation and legal advice prior to acquiring a financial product.

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