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Author Topic: Where should I monitor news for making decisions what to buy or sell?Help please  (Read 166 times)
TrueReligionn (OP)
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November 22, 2017, 06:27:42 PM
 #1

Please can somebody help me?
I am trying to find out where to monitor news about cryptocurrencies, that I can try to analyse and make decisions.
I understand it is stupid question, but I am new to this, and want to trade for hobby Cheesy
I hope there would be a kind person who will tell me this. Thanks in advance Smiley
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aardvark15
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November 22, 2017, 08:46:18 PM
 #2

Please can somebody help me?
I am trying to find out where to monitor news about cryptocurrencies, that I can try to analyse and make decisions.
I understand it is stupid question, but I am new to this, and want to trade for hobby Cheesy
I hope there would be a kind person who will tell me this. Thanks in advance Smiley

There isn’t one location that you can go to keep up to date on cryptocurrency news. I use several resources as follows:

1) Search the internet regularly to see if there are any new articles or mentions of cryptocurrencies. Sometimes you will hear comments or stories on regular news sites that pertain to cryptocurrencies.

2) There are several YouTube channels that focus on cryptocurrencies that I keeps an eye on. However, they don’t all know what they are talking about and most of them aren’t experts. I use it for information mostly.

3) For the coins you are interested in, go to their website and keep up to date on their development and message boards.

4) Stay active on this forum and read what other cryptocurrency users are saying.

5) Watch the charts for the top coins and any that you are interested in.

6) Follows the status of the market cap for cryptocurrencies.
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November 22, 2017, 09:29:47 PM
 #3

Well, if you are newbie just like your rank says, i mean a real newbie into the crypto world, then dont invest in altcoins, just hold your bitcoins as much as you can and keep that money for yourself.
It is not a good advice to tell you in where to find good news or notices about altcoins because you are probably a newbie trying to invest some money in order to earn more, but if you are so uninformed, then you are going to lose everything because you must know that it is very risky to invest in altcoins nowadays.
Be careful, and just try to hold your bitcoins as much as you can.
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November 22, 2017, 09:33:58 PM
 #4

You might need to do it individually.
Twitter. The fastest way to get news and notifications about your supported coins.

Telegram. It is like every coin now do have a telegram group for faster news and updates about their coins.

But just like I said it will be individual but more reliable since you will be getting news from devs or their marketing group.

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November 22, 2017, 09:36:50 PM
 #5

Please can somebody help me?
I am trying to find out where to monitor news about cryptocurrencies, that I can try to analyse and make decisions.
I understand it is stupid question, but I am new to this, and want to trade for hobby Cheesy
I hope there would be a kind person who will tell me this. Thanks in advance Smiley

You just have to engage yourself everyday in the world of crypto then eventually you can make your own analyzation about your future decision.

What crypto do you trade? Only bitcoin? If so, then a simple Google search or lurking in the forum everyday is enough to consider as good factor for your future decision.

If you are trading with alts as a newbie then I suggest just keep closely watch the volume movement around. You have to understand that some alts are come and go so it's possible in the blink of the eye that you will lose but at the same time you can also gather profits. There is always a possibility that you will be on panic mode especially when the price moves on a large margin since you are not used into it as of the moment.  Ok to make it short, try to enhanced your basic knowledge about altcoin trading if you want to enter this kind of trading.

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