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Are Cryptos Different? Evidence from Retail Trading

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NBER2023-06-01 更新2025-01-04 收录
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Trading in cryptocurrencies has grown rapidly over the last decade, primarily dominated by retail investors. Using a dataset of 200,000 retail traders from eToro, we show that they have a different model of the underlying price dynamics in cryptocurrencies relative to other assets. Retail traders in

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2023-06-01
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