Bolt Brownie
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January 21, 2018, 05:45:08 PM |
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Looking for event calendars if of course nice, since people act a lot on news. Actually they act before the event take place, since on crypto everyone seems to be following the rule buy the rumors sell the news. An obvious demonstration of that principle has been seen with a lot of crypto, like in the BTC forks, or the exchange bans, or the futures arriving. The price was always already capitalized on the rumors, and then when the since actually happened, nothing really changed. We can't also forget about inside trading, that is true all over the world, but it's much easier to do on crypto. Recent examples of that, where the bcash being added to coinbase, and now the south korea fud.
So yes, I would say that "trading the news" is a key aspect in crypto trading.
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