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News: Latest Bitcoin Core release: 28.0 [Torrent]
 
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Author Topic: Trading With Bitcoin news  (Read 319 times)
TheUltraElite
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October 20, 2024, 06:47:26 AM
 #41

That is true but the news is only having short term effect more than long term effect. News or without news, bitcoin is going higher in long term.
That is one thing we all can agree on. Over the last 10years, if you check the bitcoin price chart, this is clearly evident.

Short term ups and down, due to news, hacks, bans and so on will keep nudging the price but in the long term it is always going up.
So stack up on bitcoin as soon as the price hits a low and keep increasing that stash every few months.

No point in doing short term, gains will fluctuate because bitcoin is not a get-rich-quick scheme.

 
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Cryptmuster
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October 21, 2024, 08:35:30 AM
 #42

That is one thing we all can agree on. Over the last 10years, if you check the bitcoin price chart, this is clearly evident.

Short term ups and down, due to news, hacks, bans and so on will keep nudging the price but in the long term it is always going up.
So stack up on bitcoin as soon as the price hits a low and keep increasing that stash every few months.

No point in doing short term, gains will fluctuate because bitcoin is not a get-rich-quick scheme.

It remains only to find out where the minimum was. )

In fact, it is very difficult to do this, almost impossible, so you need to start buying when you no longer have any doubts that you are in a bear market and start buying in equal parts, or until the budget lasts, or up to a certain level. And then wait for ATH and act at your own discretion.

News can affect the local movement of the Bitcoin price, and most often it does, but this news often becomes available after the main movement has occurred. Globally, you are right, Bitcoin is only growing, for obvious reasons, its supply on the market is shrinking, its emission is limited and I am almost sure that over time there will be more and more people willing to own Bitcoin, which will contribute to its further growth.

 
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RockBell
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October 21, 2024, 02:44:31 PM
 #43

Actually there's a lot of source around the internet for scalping especially if you follow some of the influencer that has a big followers ,wherein always updated and keep sharing information about the upcoming hype in the market. But i advice not to rely on that and always make your own technical analysis because tbh that's not an easy way to make profits and the risk is higher compare to other ways on trading. so you better know when to start and exit by using your own analysis.

Bitcoin is one investment that can not do without news or any trend that is what is used to determine the market sometimes, and am always careful with anything that influencers are putting their hands especially when it comes to crypto because does guys only know their self, and wether the project is okay or not they will still get payed so they don't care the out come of the project some of them might not even invest in it, but they will have to do their job by advertising it for people to patronize.

Even if we know that sometimes analysis can fail, the news can be use to change things in the market even if the analysis have been done, but analysis is still better than trusting influencers and any project that is over hyped don't go far that is the challenges that trading comes with, the situation have to be. Either to your advantage or to your disadvantage.

And news or trend is also important because when you hear some price you will be able to know whether the price is going long or short. You have to be current and that is one of the ways that you can make things easy for your self than trusting influencers.

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