do you believe in market analysis published by crypto news websites?

[zonefloor]

I don't really trust such sites. Such platforms do very good research to attract users and readers in the early stages. But later, after both users and readers increase, their purpose becomes purely commercial concerns. The work turns completely into materialism and speculation. I definitely do not invest in them. However, you can easily get bad news on the market through such sites. If such platforms say to invest in a project, don't. But if it also talks about bad news around the world, make sure to keep your assets on the dollar.

[Fredomago]

I don't really trust such sites. Such platforms do very good research to attract users and readers in the early stages. But later, after both users and readers increase, their purpose becomes purely commercial concerns. The work turns completely into materialism and speculation. I definitely do not invest in them. However, you can easily get bad news on the market through such sites. If such platforms say to invest in a project, don't. But if it also talks about bad news around the world, make sure to keep your assets on the dollar.

You need to be selective, there are sites who provides both news a good one to serve as reference but not an actual basis to put your money into any asset that the site is recommending, the last call is still depends from how you deal with your research and how you think it will help you to gain success from this market.

Instead of worrying about who you trust, it's always better to work with your own understanding, every material that will lead you to gain knowledge, make sure to use it and take the advantage.

[yazher]

I always like to go for Coindesk websites for any news I want to get in the Crypto world, sometimes I tend to believe the market analysis published once I have to take some decision and sometimes do more research on whatsoever analysis I might want.

That's right when it comes to the news, they are reliable and they always publish good content to read. But I don't rely 100% on their prediction instead I do some research about certain projects if I want to invest in them. You could get some idea with the information they give you but you cannot use that as the main source of data to invest in that coin. Most likely if they're talking about the top 10 coins in the market, you can always use it as a sign to invest but you cannot rush everything until you make a proper investigation before investing.

[michellee]

cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

I do not believe in 100% of the other website or person analysis but I use their analysis to analyze more and find something that can benefit me. If I do not see something, maybe I will not follow their analysis and move to the next coins. I think that depends on yourself because you should find yourself and not depend on the other analysis. If you can do that, you will get something for yourself and improve your skills in analyzing the market. When you have skills in analyzing, you will not depend on them instead, you can analyze by yourself to find the right coin.

[wxa7115]

You can easily track such predictions backwards and find out how precise they are
Sometimes bloggers delete their wrong predictions and if you check their history you will see that everything is cool and surprisingly precise. Don't trust them, DYOR

Those people are being extremely dishonest by doing that, anyone that has studied the subject of technical analysis knows there is no way to completely predict what it will happen in the market, and as such we appreciate the honesty of being able to see where their analysis went wrong and why.

However if they delete those mistakes and instead try to keep an appearance of infallibility then you know they are not being honest about what they can achieve with their skills as traders, and as such there is no reason to believe in anything they write and you should look for other sources of technical analysis, or even better you can create your own instead.

[zasad@]

Reading the news takes a very long time, so it is better to get brief information from Twitter.
News is used by market makers for speculation, so it is not worth buying coins when there is a lot of news about them.
You need to be one step ahead and try to look for those coins whose price has not yet risen in order to buy these coins before the news comes out.

[uneng]

I think interesting most crypto news just say the market is going to crash or rise when it's already happening. Or they post a technical analysis using specific terms enriching the content of the article to indicate in the end the price can go up or down. Or they use third party's words (especially from popular icons of financial world) to say something about bitcoin price fluctuations. They don't predict anything at all and most of these sites are just alive to make an income from ads displayed on the site.

I'm not saying it's an issue and that is actually good they have found a way to make an income online while spreading awareness about crypto universe. I just think viewers shouldn't take such news so seriously when buying or selling their coins. We have to keep in mind this is a volatile, unpredictable market where nobody can predict events accurately, doesn't matter how skilled you are reading graphics and statistics.

The most important is to keep focused on the big picture, the main events that impact bitcoin directly, and forget about minor click bait news. And of course, to believe in bitcoin's potential against the adversities on long run is a must when investing.

[Woodie]

To some degree I would say yes but these analyst's give there own opinions and are prone to be right or wrong...besides these markets can go in any direction even after analyzing the markets with indicators or technical price action, one can still be wrong regardless of the source be it a crypto news channel or a very experienced trader...which is why most of the analysis comes with disclaimers.

[Johnyz]

Reading the news takes a very long time, so it is better to get brief information from Twitter.
News is used by market makers for speculation, so it is not worth buying coins when there is a lot of news about them.
You need to be one step ahead and try to look for those coins whose price has not yet risen in order to buy these coins before the news comes out.

This platform has been a great source of news over the past years, no need to say the whole story because a one paragraph news already tells everything and honestly this is also my source of news. Though I read articles if I find it interesting and I only believe on my own market analysis, this is more safe to be used as your guide.

[goinmerry]

cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

As long as it was explained in detail, proper and clear for you to understand, then you can take it as your pointers.

It's not that you need to follow right away but those sources are telling you some of the hints for your possible next strategy. I don't see any wrong with these sites if they are like that. Every insight shared by anyone is already a good contribution for the newbies.

[Anonylz]

It is not always you will find a 100% accurate crypto analysis, different crypto news site will give their analysis base on their own search using their tools which may or may not come out accurate, it is better not to rely on one or two analysis, if you can compare to others especially the most popular which talk about the most, then can draw your conclusion.

[BlackRexuz]

we can't just trust media news to be the source of this market analysis, sometimes I also find some crypto news that is still being debated. Because after all, it must be admitted that it is very difficult to find news. don't trust 100% directly, we also have to do further research to be able to filter the news we read. You should not trust anyone's views except your own pure views. Any market analysis can be a source for consideration or a source of your own analysis.

[wxa7115]

I think interesting most crypto news just say the market is going to crash or rise when it's already happening. Or they post a technical analysis using specific terms enriching the content of the article to indicate in the end the price can go up or down. Or they use third party's words (especially from popular icons of financial world) to say something about bitcoin price fluctuations. They don't predict anything at all and most of these sites are just alive to make an income from ads displayed on the site.

I'm not saying it's an issue and that is actually good they have found a way to make an income online while spreading awareness about crypto universe. I just think viewers shouldn't take such news so seriously when buying or selling their coins. We have to keep in mind this is a volatile, unpredictable market where nobody can predict events accurately, doesn't matter how skilled you are reading graphics and statistics.

The most important is to keep focused on the big picture, the main events that impact bitcoin directly, and forget about minor click bait news. And of course, to believe in bitcoin's potential against the adversities on long run is a must when investing.

Another issue is that the markets of cryptocurrencies moves so fast that a trader could publish their analysis about what the market is about to do and then the analysis could be obsolete in a matter of minutes.

So by the time someone reads the analysis and then they try to take advantage of what the analysis says it could happen it is too late to do anything, or what it was recommended there now is counterproductive, so like always the best option that we have available is to look at the charts on our own and from it derive our own conclusions about what the market is about to do.

[isaac_clarke22]

~

Up this. A little bit off-topic, but I am annoyed when reading some crypto news only to be slowed down by gazillion of ads just for their own revenue and they won't even allow you to use AdBlocker, since their site script detects it almost immediately. Some let it slide.
Back to the topic, I am not really fan of reading large charts and statistics. I just hate the toxic side of Twitter, since 101% of people their that do not even have crypto knowledge become crypto experts after day 1, let alone when Musk hyped some coins back then.

[Imran232]

Sincerely speaking, Yes and noo. Now you can ask what it means? Okay, here are the simple things that I followed from them. I actually followed what they said. After that, I researched that topic on forums too. If I got any news related to that blog, I went to their social handle to get an update. So the whole thing is, after getting some news from that website, I actually did some research by myself to be sure. If I didn't get any news, I'd probably forget that, but if I did get any news, I'd probably take a risk. It is not because of that post, it is because of my confidence in myself and my research. Actually, some say that remembering rumors is everything in the crypto world. You have to stay with rumors and believe in your research. That's it for me.