What's your news strategy?

[BTCLovingDude]

[…] with a good news and supported by the demo's and actual presentation of project, even a shitcoin will increase in price.  News affect all even at the sligthest influence,  Good news bring buy demand. and Bad news means dump.  I know you will be excited somehow if one of your shitcoin holdings release a good news because I will be excited too if Im holding a shitcoin and it releases a good news .

Exactly my point.  Where/how to find/filter that type of news with all that white noise for zillions of other coins?

// Alex

there is never an easy way of doing that. because you can never be sure about what lies behind a news that you read. many times it is FUD, many times it is just Hype because that news source have invested his money into that altcoin, or even bitcoin.

but as he said news always have its effect, you only have to figure out which type news has the most effect and which type has no effect.

for example when you read circle CEO saying bitcoin is going to die, everybody is laughing at him and price continues going up!
but when you hear news about bitfinex getting hacked price drops fast because it is an effective news.

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[trigger1975]

Since I am not be sure that my stretagy is how much beneficial but my stretagy of trading is working well for me .
Usually I makes purchase of that altcoin which is at very low price from its principle price and then ordered it for sell in advance with 10% price increment 

"Usual price" means average price for a certain amount of time?

For a quite volatile asset this might work pretty well. How successful are you with it?  2% APR?  5% APR?  More? :-)

In the "good old days" of bitcoin I've made something similar.  A astonishing dumb Gox bot which did two things:

1. Buy at current/sell rate - 1.25%
2. After buy order was filled, create sell order at buy price + 1.25%

No MCAD, no StochRSI, no patterns. Just buy and sell price ± 1.25%.  I started this daemon with ~26 BTC with on 2011-11-05 worth ~72 US$ and stopped it 2012-02-07 with 32 BTC worth ~183 US$.  If I would just have let the 26 BTC sit and wait, it would have had "only" a value of 149 US$.  So, I would consider this strategy quite successful :-)

// Alex

[wuvdoll]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

[serjent05]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

Definitely trader must be updated towards news and current events about stocks so that they can move their fund on the current "HOT" trend.  This will enable them to take advantage of the possible profit of the current news about certain trading pair or can save them from losing value with their holdings.

[ThumperJohnson]

I could go thru everything but I dont think you should do this, too much work for not much result

[stomachgrowls]

This is part of the hard work should definitely done by a trader on which we should do search for new news on daily basis specially when we are investing on a particular coin and as you said my head really aches when i saw the altcoin announcement which will you see lots of altcoin is launched on daily basis thats why its really confusing on which one you will choose.Here my way im just searching or seeking a roadmap into a particular alt.

[chaser15]

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Now I would be really interested in your news strategy.  How do you get your market overview?  How do you spot coins which are worth investing for a higher price?  How do you find your next investment?  Do you trade long term (hold the asset weeks/months) or short term (day trading on signals)?  And how successful are you with that strategy?

Spotting coins is based on my instinct. If there is an ICO, I spending my time reading their whole roadmap and some future plans and developments about the coin. I don't read news pertaining to other alts since it's useless. Only bitcoin has impact from the news. For ICO investment I usually headed to the main thread and see if the devs or any person in charge can deal with question and answer portions. New alts are meant for short trades and only bitcoin is meant for long term.

How succesful am I with my own strategy? So far overall stats is good and loss is part of it.

[Supercrypt]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

Definitely trader must be updated towards news and current events about stocks so that they can move their fund on the current "HOT" trend.  This will enable them to take advantage of the possible profit of the current news about certain trading pair or can save them from losing value with their holdings.

But when you are holding for big targets and when you are ready for holding for years then I believe there is no need to have any specific strategy for any type of news events. I maybe wrong but only for the entire year system failure news events. The small fluctuations will be ignored by not having any strategy for news hours.

[trigger1975]

But when you are holding for big targets and when you are ready for holding for years then I believe there is no need to have any specific strategy for any type of news events. I maybe wrong but only for the entire year system failure news events. The small fluctuations will be ignored by not having any strategy for news hours.

Absolutely.  If I'm investing in long-term (> 1 year) the information to gather is totally different.  Then you need to be very well informed about the asset before you invest.  Same like with stock.  Do I buy/sell for a quick trade and trial to gain some profit from fluctuation, the information I'm considering are totally different, then if I'm investing in a company for years …

/alex

[Kotone]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

Im not listening to news i joined some of facebook group or random groups that topics are mostly altcoin what hey are buying i always follow the flow i always buying the same coin because sometimes they start puming the coins and we can get instant profit. We are always active when it comes on trading.

[whizter]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

Definitely trader must be updated towards news and current events about stocks so that they can move their fund on the current "HOT" trend.  This will enable them to take advantage of the possible profit of the current news about certain trading pair or can save them from losing value with their holdings.

But when you are holding for big targets and when you are ready for holding for years then I believe there is no need to have any specific strategy for any type of news events. I maybe wrong but only for the entire year system failure news events. The small fluctuations will be ignored by not having any strategy for news hours.

but i think even if you are going to hold it for a long time still you need to have a good source of news about  bitcoin, although i am interested in long term investment and have already invested a good amount of bitcoin for long term but still i feel  the need to get updates about bitcoin, and therefore i am try all the sources through which i can get information about bitcoin.

[Victorycoin]

I think the best strategy is wait the moment. because by waiting we can determine when the right time in trading. so we can take advantage so that there will be results that can be obtained. and patience are important factors in making your decisions.

that's right if you have more patience you can assess well since alts trading is really hard to predict and the movement really fluctuating we needed to not to react quickly we do need to assess before we join the ride as there's a lots of changes that happen inside the trade especially when whales got in to it.

So you do your research on some alts and buy interesting ones on low price and leave them sit long term unless something nice happens to the price no matter if it's a week, month, year?  If you pick the right ones in first place, I guess you can be very successful with that strategy.  The problem is to identify those which are candidates for a (big) pump in future …  Thanks.

// Alex

There are a million and one coins out there to invest on, but most of them are not even worth the chips they are sitting on. So a good way to separate the wheat from the chaffs is by studying and evaluating the technologies behind a coin and the need it proposes to fill. If the market capitalization also agrees with your findings, most probably points to many investors seeing the same picture as you and as such, that coin or asset is worth investing on.

[Sled]

I think the best strategy is wait the moment. because by waiting we can determine when the right time in trading. so we can take advantage so that there will be results that can be obtained. and patience are important factors in making your decisions.

that's right if you have more patience you can assess well since alts trading is really hard to predict and the movement really fluctuating we needed to not to react quickly we do need to assess before we join the ride as there's a lots of changes that happen inside the trade especially when whales got in to it.

So you do your research on some alts and buy interesting ones on low price and leave them sit long term unless something nice happens to the price no matter if it's a week, month, year?  If you pick the right ones in first place, I guess you can be very successful with that strategy.  The problem is to identify those which are candidates for a (big) pump in future …  Thanks.

// Alex

There are a million and one coins out there to invest on, but most of them are not even worth the chips they are sitting on. So a good way to separate the wheat from the chaffs is by studying and evaluating the technologies behind a coin and the need it proposes to fill. If the market capitalization also agrees with your findings, most probably points to many investors seeing the same picture as you and as such, that coin or asset is worth investing on.

Studying the coin or doing research is a the best choice to choose from because if you don't have the information or knowledge about that coin and you are just the greedy investor or trader that always put their money in the coins they didn't know much then most of them will end up losing their money and getting big negative profits.

[emezh10]

To become a good trader analyze first if the coin is shit or not. Don't stock your funds in shitcoin 2 days is very long. Research for the first before trading. sell at high Buy at low just remember that. 

[whizter]

To become a good trader analyze first if the coin is shit or not. Don't stock your funds in shitcoin 2 days is very long. Research for the first before trading. sell at high Buy at low just remember that. 

yes there is no doubt about this that if you are going to invest your money in alt coin  you need to get some good information about that coin and only then you can invest your money there.

[raven7886]

To become a good trader analyze first if the coin is shit or not. Don't stock your funds in shitcoin 2 days is very long. Research for the first before trading. sell at high Buy at low just remember that. 

yes there is no doubt about this that if you are going to invest your money in alt coin  you need to get some good information about that coin and only then you can invest your money there.

Unfortunately for altcoin trading, you may get some information but definitely you may not get affecting news for them as their fluctuations are purely decided by some insiders. That is the reason I'm not at all trading them.

Comparing to Forex trading, bitcoin is less sensitive to news hours, yet having some strategy would be great and I am still developing them.

[d@nte]

Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.

Im not listening to news i joined some of facebook group or random groups that topics are mostly altcoin what hey are buying i always follow the flow i always buying the same coin because sometimes they start puming the coins and we can get instant profit. We are always active when it comes on trading.

This is very important. I think the trader has to be aware of all possible sources, reliable sources, of course. I have realized that it is possible to learn a lot in accessible sources, like reddit, or even here in bitcointalk. I think it is useful to also identify the main available communication channels of the projects in which you invest, and try to follow the development closely.

[Victorycoin]

Comparing to Forex trading, bitcoin is less sensitive to news hours, yet having some strategy would be great and I am still developing them.

That would depend on what news you are listening to as some news impact the market much more that others. If a news report on interest rate, inflation, quantitative easing, sovereign debt, etc, makes the headlines, neither the rates in the forex nor cryptocurrency markets remain standing and looking.