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Osarman
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November 09, 2018, 06:28:27 AM |
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make no mistake, the news story can affect the rise or down the price of Bitcoin, see when there is news that China or another country banned Bitcoin, then the news directly caused the price of Bitcoin to crash. so, trade based on news is important too...
Exactly. The news includes speculations and prediction that that are not always the right thing to follow. One must know the signals that make you make the right decisions and though it is not so easy to detect the signals and the market movements but still if one is able to do so, they are always the right things that assist. So it is far better to follow the actual signals or the price growth rather than acting according to the speculations. Treat it rather a strategic game. |
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quality.crypto
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Activity: 854
Merit: 10
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November 09, 2018, 06:49:14 AM |
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I think the news does not affect the market a lot. Because price moves between buying and selling or supply and demand with each other, not because of any news.
Yes, NEWS is not affecting the price of token but when they got listed in higher volumed exchange then definitely the price will start increasing. We have to trade according to the market fluctuation, the news is important to get updates about their progress which will help the coin to increase their when the market trend start increasing. |
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Aivaryamal
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November 09, 2018, 07:28:00 AM |
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Now few people know about good reliable sources of information, their units and therefore need to analyze in more detail the whole situation on the market and avoid fake news
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enwi
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November 09, 2018, 07:59:15 AM |
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I think, to trade we also have to see and hear some news because coin price movements sometimes depend on current news and conditions so we will know and maybe be able to predict coin movements
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KorakPawon
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November 09, 2018, 02:16:50 PM |
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Firstly, before we take action according to such kind of news, we have to make sure that the news is true since news about crypto is mostly fake. We have to learn to recognize which one is true and which one is wrong. We can't depend on the news, we must step ahead with knowledge and experience even though market is usually moved by the news too. That's why we have to be smart and skillful on facing that kind of situation.
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iv4n
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November 09, 2018, 02:40:29 PM |
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Firstly, before we take action according to such kind of news, we have to make sure that the news is true since news about crypto is mostly fake. We have to learn to recognize which one is true and which one is wrong. We can't depend on the news, we must step ahead with knowledge and experience even though market is usually moved by the news too. That's why we have to be smart and skillful on facing that kind of situation.
When ever you read any news you need to make sure in source. Not only sinews in crypto are fake, what you think where that come from? You need to check source of news before everything else, if news are coming from unknown source check it twice. As much as I agree that we shouldn't relay on news when we trade, news are unavoidable in that process, news can trigger panic among people, like they can affect masses and rising interest among people. Don't trust in anything with all money, when you trade check informations you have on more than one place. |
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Chronos_angel
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November 09, 2018, 02:58:19 PM |
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until now I don't fully believe in news that "directs" the value of coins. I pay more attention to trading volumes that occur on the market, which in my opinion is better than hearing news that is not known to be true
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Adriano2010
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November 09, 2018, 02:59:03 PM |
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This is correct, we can't trade only by the news and is not ok to do so. We should follow price and also check the news to see if both are in the same way the price of coin goes. For most altcoins there is no news so the best is to choose legit projects and start trade, check the price set, buy and put the sell order and wait.
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BartS
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November 09, 2018, 10:21:41 PM |
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make no mistake, the news story can affect the rise or down the price of Bitcoin, see when there is news that China or another country banned Bitcoin, then the news directly caused the price of Bitcoin to crash. so, trade based on news is important too...
But only a very limited amount of news can do something like that, many are trying to trading news and they are trying to guess in which way the market is going to move with an insignificant news, and that is not the way to do it, so while trading the news can be effective under some circumstances, it is very difficult to predict what the price is going to do with the news, sometimes the market doesn't move or even moves in the direction opposite to what you expected. |
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Questat
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November 10, 2018, 04:35:36 AM |
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This is correct, we can't trade only by the news and is not ok to do so. We should follow price and also check the news to see if both are in the same way the price of coin goes. For most altcoins there is no news so the best is to choose legit projects and start trade, check the price set, buy and put the sell order and wait.
In order to save time and effort, just follow the news on bitcoin because this market is dominated by bitcoin, hence any movement of bitcoin price will result to a movement of altcoins but we do not know if it will go up or go down because the market is really unpredictable. |
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d1ceplayer
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November 14, 2018, 05:57:09 AM |
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As a trader, concern is reasonable, because a lot of news tells the truth about the decline in crypto market prices this year. Some are still strong, and some are giving up on this situation. Hopefully this will only happen for one year, and in 2019 hope that Crypto can progress rapidly.
Well we need to be very careful while believing some news. It might be wrong and it might be authentic as well. There are bad boys here and even in market who are playing double face amen. They intend to make a hype in market just to benefit themselves and ignoring the fact that how badly bitcoin would affect from it. We have witnessed so many examples like this. |
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Nellayar
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Roobet supporter and player!
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November 14, 2018, 07:05:36 AM |
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Many people got wrong decision because they tend to follow news not by the trend of the market. In trading, we don't care about the news because it is just an assurance that price may goes up or down. However, it may not come true specially that many trader are looking at the volume and not in the news. If you trade using technical analysis then you can follow the bottom pick and sell at the top.
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loloos
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November 14, 2018, 01:30:12 PM |
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If your a trader you have to be watching the news and the price actions. But while trading you have to check out the price actions, because the price in the market will not be same, it will be fluctuating daily.
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Kevin43
Copper Member
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November 14, 2018, 02:32:50 PM |
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news trading is not bad we should know what type of news will impact on which , having knowledge is important for making profits we should know whats happening in markets also as news impact will be very fast
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anume123
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Proof-of-Stake Blockchain Network
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November 14, 2018, 02:52:31 PM |
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That's true trading in altcoins that updated in the market must should follow the price because some public strategy in unknown peoples is fake.
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nadyn
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November 14, 2018, 03:03:11 PM |
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The price is very influenced by the news, it is one of the strongest factors, even take the news about the listing of coins on the exchange, often causes a pump.
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Leva777
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November 14, 2018, 03:13:29 PM |
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theme title matches with mu vision of current market situation. I think that news market is manupulated and you shouldnt rely on fundamental analysis, better lear price action patterns and go to trade.
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Mr.trader
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November 14, 2018, 04:56:46 PM |
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news impact will make price fluctuations very fast i think big investors will be looking at news more , having both knowledge is important
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electron-coin
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November 14, 2018, 06:00:53 PM |
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Of course, when trading, you must first focus on the movement of prices. Technical analysis, in my opinion, is the first thing to do. It is technical analysis gives to trader an idea of the market situation relating to a particular coin.
But don't underestimate the role of news. News has always had its influence, and in the world of crypto currencies, this is especially noticeable. Of course, you need to be critical of the news, because this is where we can often come across untrue news. But in general, you should always take this moment into account, otherwise you may not notice what will bring you a loss.
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joshy23
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November 14, 2018, 06:09:01 PM |
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The price is very influenced by the news, it is one of the strongest factors, even take the news about the listing of coins on the exchange, often causes a pump.
Lots of people who's monitoring their assets are really checking what news will bring to their assets, if there's a good reviews or positive progress chances to make some good moves are expected, but it is really risky as whales are also watching and waiting for a good timing to manipulate the market, make sure that you are always have a backup plans each time you deal with this business. |
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