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Author Topic: Effective strategy to get crypto news.  (Read 340 times)
valerius85 (OP)
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October 25, 2022, 08:46:02 PM
 #1

Hi All!

I'm a newbie in crypto-land.

As most (wanna-be) traders, I search for daily news on different coins I'm interested in. To do this, I screen reputable websites, blogs, and YT channels every day.

Having gone through this process for a few months, I've identified 3 problems:
- Finding news for multiple crypto currencies is time consuming, meaning there's a lot of noise to filter out.
- Reading articles / watching videos on crypto takes significant time.
- Relevant information is scattered all over the place. Back to point 1 wrt investing considerable time to put together all the info I need for my trading decisions.

To address these issues, I'd like to build a piece of software to automatically get in my inbox all the crypto news I need organised by currency (I'm a programmer). The system scans several info outlets, creates article summaries, and sends the ones that are relevant to me. Every day.

I think I'm not the only one facing these problems, but I may be overlooking something, given I'm new in the space.

I'm curious to know whether you also face the problems I've listed above? Alternatively, what problems do you experience when gathering news, if any?

[Disclaimer] If I see these problems are particularly felt by the community, I may patch my personal solution into a product others can use.

Thank you.
Valerio
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October 25, 2022, 09:01:05 PM
 #2


I think I'm not the only one facing these problems, but I may be overlooking something, given I'm new in the space.



You don't.need to worry too much about that because you seem to. There are different news that you can follow just like in outside crypto and on cryptocurrency related information, you have variety which is spicing things up. News for cryptocurrency is not in single fold, you have to research on more site to be certified or you join telegram grow that releases the information on cryptocurrency but be careful about the monetary request that they will make.
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October 25, 2022, 09:18:55 PM
 #3


I think I'm not the only one facing these problems, but I may be overlooking something, given I'm new in the space.



You don't.need to worry too much about that because you seem to. There are different news that you can follow just like in outside crypto and on cryptocurrency related information, you have variety which is spicing things up. News for cryptocurrency is not in single fold, you have to research on more site to be certified or you join telegram grow that releases the information on cryptocurrency but be careful about the monetary request that they will make.
Why would be paying up on those TG groups just for the news or events? Current crypto news site would be that enough if you are really that something looks for news and events.

It is a matter of some putting up effort and time on surfing out or accessing these things or checking it out if you are really that goes into fundamentals or just simply does like on

being updated on the current crypto events or news that we do have in the market.There are people whom do really love on making theirselves get updated
on whatever is happening around.VIsiting common known cryptonews site Ex. Coindesk and lots are relevant into this regard.

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October 25, 2022, 09:30:42 PM
 #4


I think I'm not the only one facing these problems, but I may be overlooking something, given I'm new in the space.



You don't.need to worry too much about that because you seem to. There are different news that you can follow just like in outside crypto and on cryptocurrency related information, you have variety which is spicing things up. News for cryptocurrency is not in single fold, you have to research on more site to be certified or you join telegram grow that releases the information on cryptocurrency but be careful about the monetary request that they will make.
Why would be paying up on those TG groups just for the news or events? Current crypto news site would be that enough if you are really that something looks for news and events.

It is a matter of some putting up effort and time on surfing out or accessing these things or checking it out if you are really that goes into fundamentals or just simply does like on

being updated on the current crypto events or news that we do have in the market.There are people whom do really love on making theirselves get updated
on whatever is happening around.VIsiting common known cryptonews site Ex. Coindesk and lots are relevant into this regard.
You can also check CoinMarketCap or coin telegraph for effective news sources. And even this forum alone will also contribute a lot of help when it comes to crypto news as there lots of reputable members who always start a thread based on the current news and trends in the market. So it’s always a matter of digging news and events in all reliable resources so that you will get updated on the crypto market.
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October 25, 2022, 10:14:47 PM
 #5

this is part of the Fundamental cryptocurrency, where any news that appears will affect the movement of the crypto market. There are many news sources that can be used as references for the latest crypto news, but when FUD has started to appear it will be the cause of the unstable market because the negative impact of FUD puts pressure on the market and this is the goal that was planned.
I get all the crypto news from sites like Cointelegraph, CoinDesk, cryptonews, and several other news portals. and I also monitor through social media twitter, because there will be crowded with the latest news about crypto.
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October 25, 2022, 10:45:08 PM
 #6

Having the knowledge of trading or cryptocurrency, doesn't necessarily mean that bitcointalk community will provide all for you, some do not take their own personal step of knowing anything about cryptocurrency, so therefore making a personal research of cryptocurrency is one the things that speeches about cryptocurrency volume and it adoption exactly, so i believe that Bitcoin and trading information can be perfectly been secure with proper research of cryptocurrency.

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October 25, 2022, 11:41:30 PM
 #7

A lot of crypto trading is done in the background. By the time you have heard of a project's name, it could already have a market cap of $100 million. A lot of successful trading is done without the news on a lot of things and relies on other fundamentals (such as how much a coin is searched or if it's near a significant support or resistance level).

A lot of altcoin projects this year have been playing games with their investors in a hunt for more capital and notoriety - don't be fooled by a short lived wave on some altcoins that can pump and dump or see significant claims the network will change only to post multi-year roadmaps because they lack appropriate competition.

There are crypto based news outlets, this forum, twitter and YouTube to pick from for a lot of information, why not just pick one or two to focus on? It's more important to absorb different types of media than it is to absorb different media outlets of the same type imo. If you're using social media, you'll get accounts of events with less biases that aren't called out. If you're using a Web page or YouTube video, you'll get a more concise article but it might also fit a bias and be inaccurate (I'm not saying to only rely on one though because some social media comes with limited demographics of comments and you could get the same biased/inaccurate view from multiple people/shillers).

As mentioned above there are sites like coin market cap, crypt exchanges and potentially search engines that will be able to deliver you news articles though too.
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October 26, 2022, 12:48:12 AM
 #8

Take a look at cryptopanic.com, it's a news aggregator website for all things crypto. I'm not their regular user so I can't say for sure but maybe somewhere in the settings, you'll be able to customize your feed or something. I've also noticed some questionable sources from there so yeah hopefully there's a way to filter such things. Take note that some features may be paywalled. I'm also not suggesting to solely rely to them as we can't expect them to reach everything but perhaps it could make things easier for you.

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October 26, 2022, 01:32:34 AM
 #9


Just follow the creator of top coins and tokens not the new ones because its likely going to be a manipulated news to pump.
There are several podcast I have been following like the Breakdown NLW podcast, Kitco news on youtube. But you can always subscribe to coindesk or cointelegraph blogs to receive news.

But don't read and use those news for trading decisions, they may send out good news but prices will not move. Those are just updates of what is happening in the space. Don't rely on news in trading. I'm no pro trader but I'd prefer to just buy when its almost bull run.


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October 26, 2022, 05:20:30 AM
 #10

I guess, many crypto users used Bitcointalk to get effective strategy to get crypto news in the community to trade their coins, which is the best platform that is tested and trusted by many people to get genuine information from. Since people used crypto market information to know if there is a bear season or bull season in the community before they can sell or buy coins, because that is the best place many potential traders use to get their news from to carry out their trade to ensure they achieve something good at the end of the market.

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October 26, 2022, 06:31:16 AM
 #11

I guess, many crypto users used Bitcointalk to get effective strategy to get crypto news in the community to trade their coins, which is the best platform that is tested and trusted by many people to get genuine information from. Since people used crypto market information to know if there is a bear season or bull season in the community before they can sell or buy coins, because that is the best place many potential traders use to get their news from to carry out their trade to ensure they achieve something good at the end of the market.
Not many users in this forum are really discuss and share an important thing about altcoins, because most of users on altcoins section are spammers and only shills their shitcoins project. Usually they will create a thread where they say X coin will overtake Bitcoin, X coin will pump and the price will hit new ATH before Y date etc. If you're trade Bitcoin, then you will see many people are posting good price speculation and hot topic news on press board.

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October 26, 2022, 07:21:35 AM
 #12

The program already exists and there are many sites[1] that provide such services, so you will not be able to provide anything new here.
The thing that you can do is to program AI algorithm to exploit this data and come up with investment decisions based on the analysis of the data and the news that you have obtained.

[1] https://coinmarketcal.com/en/

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October 26, 2022, 11:13:42 AM
 #13

News aggregators are great but not a lot of them o a good job though. The best one I found is probably CryptoPanic as it indexes most of the "mainstream" crypto news outlets but you always need to combine it with a well-rounded Twitter feed and a few other sources like Reddit and whatnot.
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October 27, 2022, 12:35:42 AM
 #14

Hi All!

I'm a newbie in crypto-land.

As most (wanna-be) traders, I search for daily news on different coins I'm interested in. To do this, I screen reputable websites, blogs, and YT channels every day.
You need to know that some websites, news, blogs, and Youtube videos are full of misinformation. Therefore you need to be more careful. However, I want you to understand that cryptocurrency trading is highly risky it could be your way to being rich or the way to being bankrupt. I don't want to scare you but knowledge is what is important in every aspect of crypto as a newbie you need to learn indicators like EMA, RSI, MA, and Bollinger Bands.

In the meantime, you can follow reputable crypto enthusiasts like Apompliano, Rovercrc, and Woonomic on Twitter. For the 3 identified problems, you can check the list of news and influence people these people followed.

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October 27, 2022, 02:35:09 AM
 #15

In cryptocurrency market, it is hard to succeed if you are relying on news. Because news are faked and used to manipulate the market. If you believe in news, you are believing in market manipulators. Manipulators don't make you rich, they make themselves richer but you will get poorer.

The more effective strategy to succeed in crypto is to ignore news and focus on fundamentals of projects that you are interested in and want to invest in.

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October 27, 2022, 02:54:20 AM
 #16

I guess, many crypto users used Bitcointalk to get effective strategy to get crypto news in the community to trade their coins, which is the best platform that is tested and trusted by many people to get genuine information from. Since people used crypto market information to know if there is a bear season or bull season in the community before they can sell or buy coins, because that is the best place many potential traders use to get their news from to carry out their trade to ensure they achieve something good at the end of the market.
Not many users in this forum are really discuss and share an important thing about altcoins, because most of users on altcoins section are spammers and only shills their shitcoins project. Usually they will create a thread where they say X coin will overtake Bitcoin, X coin will pump and the price will hit new ATH before Y date etc. If you're trade Bitcoin, then you will see many people are posting good price speculation and hot topic news on press board.
Not only in this forum but there are paid influencers in twitter and on youtube who do the same thing. There is also on telegram but it's possible to detect them if you already have some experience here in crypto. There are still lots of valuable threads in our forum but maybe not all information can be found here. Doing some searching outside is also a good thing to do.

I know there are now bots and groups which can send us signals, I think this was the same to what the op is looking for but he can still pursue his plans since he is a developer. He knows what he is looking for so he can tailor the program according to his own needs.

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October 27, 2022, 03:10:06 AM
 #17

I guess that is a problem for everyone who wants to trade or start investing. Before someone starts, they should be able to find more information related to crypto and it will depend on their creativity to find crypto news. If he can get more information, it will help him know what to do and make decisions at the right time. He can also avoid scams that often occur in crypto.

And if you have found valid information, you must practice it so your abilities can develop better. It will also help you to be able to profit in trading and investing because you can find the right coin to start with.

What @OP did helped him find a lot of relevant information but it's not necessarily useful for others. And this is why everyone must be able to find their own way of finding the news.
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October 27, 2022, 03:11:05 AM
 #18

In cryptocurrency market, it is hard to succeed if you are relying on news. Because news are faked and used to manipulate the market. If you believe in news, you are believing in market manipulators. Manipulators don't make you rich, they make themselves richer but you will get poorer.

The more effective strategy to succeed in crypto is to ignore news and focus on fundamentals of projects that you are interested in and want to invest in.

hard to detached global politics when it comes to crypto news nowadays especially now that regulators are making a fuzz and there is banning and blocking of bank accounts. if we can't trust the crypto news flowing from youtubers, i think we can just rely on the TAs.

if the software is going to pull some news and send the relevant to your inbox, just subscribe to the blogs and youtube channel using your phone, you'll see the notification on the phone.









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October 27, 2022, 03:15:29 AM
 #19

I don't face that problem since I only get those news source that I trust. One problem that you may face if you like to filter most of the news are the fake news.

Yes, there are still some articles and sources that would like to vent false information just to give some insights and hype for the project that they're about to release. This isn't new and that's part of their strategy.

If you can some software or app to filter out those news, it's just like subscribing to newsletters which is better to do that than spend time developing that software.

But since it's going to be your personal use, do what makes you think is comfortable and will make you productive as a trader.

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October 27, 2022, 03:58:13 AM
 #20

Be careful with the news as they can be faked to create Fuds. You don't have to read all the news every day to stay up to date with market news, you should look for one or two reliable websites to follow the news every day. In addition, you should only focus on news related to the project you invest in, this will help you catch the developments of that project in a timely manner. I only use cryptopanic for general news and twitter is where I regularly follow information about the projects I am investing in and look for hidden gems in the market.

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