Buy on rumour and sell on news.

[SlimShadyMmp]

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

[LUCKMCFLY]

There is a rumour about hard  fork of ETH and the volume in the trading of ETH is aggressively growing .Prices are showing strength .Is it an  opportunity to buy on rumour and sell on the news to book profit.

You must be very careful, what you must be clear at this time is that we are in a phase of accumulation according to what I have studied in the market since the Wyckoff philosophy, so being in this phase of accumulation it is best to buy, because in fact is the phase where the ETH will be very cheap and you must sell at the Distribution stage, the big speculators were not carried away by the news, unless it is a Fundamental, the rest only relied on their analyzes and structures studied in the market.

[whiteblue]

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

[Malsetid]

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

It's a textbook strategy same as the buy low sell high principle. These rumors must be coming from somewhere and more likely than not, there are facts backing it up. And even if there are none, rumors could still hype a certain coin at any time and start a fomo wave. If in case the rumors have facts, then you'll be able to take advantage when news comes out and the value of your coin pumps up.

[BartS]

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

It's a textbook strategy same as the buy low sell high principle. These rumors must be coming from somewhere and more likely than not, there are facts backing it up. And even if there are none, rumors could still hype a certain coin at any time and start a fomo wave. If in case the rumors have facts, then you'll be able to take advantage when news comes out and the value of your coin pumps up.

While buying the rumours is a strategy that has been known for a very long time it is really difficult to execute it correctly because the most important thing about the rumour is who generated the rumour itself? If the rumour comes from an authority in the world of cryptocurrencies then it could be worth to buy some coins but if the rumour comes from a person that is not recognized in the world of cryptocurrencies it could be a better idea to just wait for the price to move.