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Author Topic: Sell The News  (Read 526 times)
ronnierobot (OP)
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May 12, 2018, 03:30:35 AM
 #1

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?
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May 12, 2018, 03:51:35 AM
 #2

When you think price is already high because of pump.
But that's only for those people who always do short-time trade, they are always buying the news and selling the rumour
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May 12, 2018, 04:15:11 AM
 #3

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?

The day of the news, because you don't know when the news will be published to the public audiences. Just set a target but it should not very high because it can minimize your chance to catch them.
You should keep yourself being update with the latest news in the cryptocurrency to make it more easier and not missing any moment.

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May 12, 2018, 04:24:37 AM
 #4

Sell during the pump, from my experience it's usually 1 day or 2 day before the news announcement. Don't be a fanboy and hold a coin for a really long period of time, taking profit is always a good thing

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May 12, 2018, 04:25:26 AM
 #5

The primary factor for selling is the price and volume charts. We also need to remember that the asset does not always correlate with the news in the way it was supposed to.

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May 12, 2018, 05:16:48 AM
 #6

This is only useful for weak projects that use news for Pump and Dump. Some examples of these projects are Tron, Verge, Nano, and IOTA.

They announce partnerships regularly, where no one has a clue if there is any value in these partnerships. With this, people buy from excitement but sell by trying to understand the real gain.

So when you start hearing a rumor, buy it. And you must sell exactly at the time the ad starts to be released.

Now, in more robust projects, good news means buying more, never selling. Imagine if tomorrow China will announce that Bitcoin will be accepted. That would mean you should sell your organs to buy as much Bitcoin as you could and later you would get so rich that you could buy new organs without any difficulty.
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May 12, 2018, 05:24:13 AM
 #7

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?


As soon as you make good profits  Cheesy, there is no hard and fast rule. For me normally it is good chance to double the $$$ for good news time and never wait for too long.

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May 12, 2018, 08:26:05 AM
 #8

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?


The question is how are you going to know when the news come out? What's the point of selling before the news actually comes out, and there isn't even any hype in the markets to push prices up yet?

It makes sense to sell immediately after whatever positive news from the media that allows prices to go up.

For example, an exchange listing of a coin will almost always make its value jump without any reason. That is a good time to sell. Of course, in a fomo buying situation, you should always have clear sell targets as well.
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May 12, 2018, 09:10:02 AM
 #9

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?


when the price already overbought,,
and this is a big sign if the up trend is over or the corrections will be coming
learn more about trading strategy to know about overbought area my friend  Wink
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May 12, 2018, 10:33:48 AM
 #10

Depends on the project, as you may have seen verge got really pumped when they were going to announce a partnership. Then it was announced as pornohub so it was dumped a lot by investors. If it was better news like a partnership with Microsoft, then keep it for long term hold. It varies so DYOR

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May 12, 2018, 11:05:40 AM
 #11

Or just set a target and sell when its met?
I bet this to be more effective, IMO. Just set a price target and once you've met it just sell it for you to take the profit.

It doesn't matter of the news was brought out before or after the day, what's important is you look at the price and that's where you should focus.

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May 12, 2018, 12:11:33 PM
 #12

When you think price is already high because of pump.
But that's only for those people who always do short-time trade, they are always buying the news and selling the rumour

A usual strategy right now since the news are really making a big impact in cryptoworld. I don't sell my coins even if I read some negative news about it because I know it can survive and go even high in long term. Traders usually do sell on the day of the said news.
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May 12, 2018, 12:28:31 PM
 #13

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?


It depends. If the price is already up quite high a couple days before, then sell then. I usually set an alarm on my phone to notify me the day before and check the price. If the price is right, i'll sell then. If not, tell it to notify me again later. But, I usually sell by the day before the news happens.
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May 12, 2018, 12:33:29 PM
 #14

For me, I think the best way to sell a news is to set a target which should not be very high because it can minimize chance to catch them. You can also achieve this by following daily news about crypto or participating actively in the forum for update.

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May 12, 2018, 12:35:44 PM
 #15

Sell your news? Most of the blog creator create their blogs on real time and most of them are only useful for one day to two days since most of the altcoin price is changing very fast and sometimes creating news also about the project development compared to price update is much better to submit for payment.

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ronnierobot (OP)
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May 12, 2018, 04:00:12 PM
 #16

Thank you all for your feedback, appreciate it all
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May 12, 2018, 04:12:11 PM
 #17

At what point is best to sell on the news?  The day before?  Day of the News? Or just set a target and sell when its met?

I also tried to guess the entry points, studied the examples, but everything is always different. Always focus on the market.

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May 12, 2018, 04:34:33 PM
 #18

The best time for selling is when the price starts to pump. This time is usually in last days before announcing, but sometimes it is hard to find this the best time so if you can, hold your coins in long time
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May 12, 2018, 08:01:55 PM
 #19

Usually I do not follow the news to decide on a sale. I think that news is a tool for controlling the crowd.
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May 12, 2018, 08:08:07 PM
 #20

Hey , sorry to bother you. Just wanted to invite you to come and pump a CRYPTO with us and earn your profit!
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