TheUltraElite
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Fellow Indian members are welcome in our Local :)
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October 20, 2024, 06:47:26 AM |
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That is true but the news is only having short term effect more than long term effect. News or without news, bitcoin is going higher in long term. That is one thing we all can agree on. Over the last 10years, if you check the bitcoin price chart, this is clearly evident. Short term ups and down, due to news, hacks, bans and so on will keep nudging the price but in the long term it is always going up. So stack up on bitcoin as soon as the price hits a low and keep increasing that stash every few months. No point in doing short term, gains will fluctuate because bitcoin is not a get-rich-quick scheme.
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Cryptmuster
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October 21, 2024, 08:35:30 AM |
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That is one thing we all can agree on. Over the last 10years, if you check the bitcoin price chart, this is clearly evident.
Short term ups and down, due to news, hacks, bans and so on will keep nudging the price but in the long term it is always going up. So stack up on bitcoin as soon as the price hits a low and keep increasing that stash every few months.
No point in doing short term, gains will fluctuate because bitcoin is not a get-rich-quick scheme.
It remains only to find out where the minimum was. ) In fact, it is very difficult to do this, almost impossible, so you need to start buying when you no longer have any doubts that you are in a bear market and start buying in equal parts, or until the budget lasts, or up to a certain level. And then wait for ATH and act at your own discretion. News can affect the local movement of the Bitcoin price, and most often it does, but this news often becomes available after the main movement has occurred. Globally, you are right, Bitcoin is only growing, for obvious reasons, its supply on the market is shrinking, its emission is limited and I am almost sure that over time there will be more and more people willing to own Bitcoin, which will contribute to its further growth.
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RockBell
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October 21, 2024, 02:44:31 PM |
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Actually there's a lot of source around the internet for scalping especially if you follow some of the influencer that has a big followers ,wherein always updated and keep sharing information about the upcoming hype in the market. But i advice not to rely on that and always make your own technical analysis because tbh that's not an easy way to make profits and the risk is higher compare to other ways on trading. so you better know when to start and exit by using your own analysis.
Bitcoin is one investment that can not do without news or any trend that is what is used to determine the market sometimes, and am always careful with anything that influencers are putting their hands especially when it comes to crypto because does guys only know their self, and wether the project is okay or not they will still get payed so they don't care the out come of the project some of them might not even invest in it, but they will have to do their job by advertising it for people to patronize. Even if we know that sometimes analysis can fail, the news can be use to change things in the market even if the analysis have been done, but analysis is still better than trusting influencers and any project that is over hyped don't go far that is the challenges that trading comes with, the situation have to be. Either to your advantage or to your disadvantage. And news or trend is also important because when you hear some price you will be able to know whether the price is going long or short. You have to be current and that is one of the ways that you can make things easy for your self than trusting influencers.
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dunfida
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Semi-Decentralized • No KYC/AML • Secure Escrow
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November 28, 2024, 12:47:03 PM |
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Actually there's a lot of source around the internet for scalping especially if you follow some of the influencer that has a big followers ,wherein always updated and keep sharing information about the upcoming hype in the market. But i advice not to rely on that and always make your own technical analysis because tbh that's not an easy way to make profits and the risk is higher compare to other ways on trading. so you better know when to start and exit by using your own analysis.
Bitcoin is one investment that can not do without news or any trend that is what is used to determine the market sometimes, and am always careful with anything that influencers are putting their hands especially when it comes to crypto because does guys only know their self, and wether the project is okay or not they will still get payed so they don't care the out come of the project some of them might not even invest in it, but they will have to do their job by advertising it for people to patronize. Even if we know that sometimes analysis can fail, the news can be use to change things in the market even if the analysis have been done, but analysis is still better than trusting influencers and any project that is over hyped don't go far that is the challenges that trading comes with, the situation have to be. Either to your advantage or to your disadvantage. And news or trend is also important because when you hear some price you will be able to know whether the price is going long or short. You have to be current and that is one of the ways that you can make things easy for your self than trusting influencers. Are you sure? If you have been here on this market for a while then you could really be able to say that news and sentiments wont really be affecting the price too much or simply Bitcoin doesnt really care at all when it comes to news and sentiments that do happen around. Whereas, if we do really tend to compare now on which it is really that making up some reactions now or really that becoming that relevant on the moment or time that news comes out in the market whether its positive or negative. Whenever you have decided on making up some trades and you are somewhat a trader that focuses on FA+TA then it will really be something significant but not all the times because crypto market isnt really always that reactive to news on which it do make out some movements on which it will really be that totally random and there's no such reason behind with those movements on which it will that mess up your entire trading plan or analysis.
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betswift
Copper Member
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November 28, 2024, 12:52:37 PM |
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Actually there's a lot of source around the internet for scalping especially if you follow some of the influencer that has a big followers ,wherein always updated and keep sharing information about the upcoming hype in the market. But i advice not to rely on that and always make your own technical analysis because tbh that's not an easy way to make profits and the risk is higher compare to other ways on trading. so you better know when to start and exit by using your own analysis.
Bitcoin is one investment that can not do without news or any trend that is what is used to determine the market sometimes, and am always careful with anything that influencers are putting their hands especially when it comes to crypto because does guys only know their self, and wether the project is okay or not they will still get payed so they don't care the out come of the project some of them might not even invest in it, but they will have to do their job by advertising it for people to patronize. Even if we know that sometimes analysis can fail, the news can be use to change things in the market even if the analysis have been done, but analysis is still better than trusting influencers and any project that is over hyped don't go far that is the challenges that trading comes with, the situation have to be. Either to your advantage or to your disadvantage. And news or trend is also important because when you hear some price you will be able to know whether the price is going long or short. You have to be current and that is one of the ways that you can make things easy for your self than trusting influencers. Are you sure? If you have been here on this market for a while then you could really be able to say that news and sentiments wont really be affecting the price too much or simply Bitcoin doesnt really care at all when it comes to news and sentiments that do happen around. Whereas, if we do really tend to compare now on which it is really that making up some reactions now or really that becoming that relevant on the moment or time that news comes out in the market whether its positive or negative. Whenever you have decided on making up some trades and you are somewhat a trader that focuses on FA+TA then it will really be something significant but not all the times because crypto market isnt really always that reactive to news on which it do make out some movements on which it will really be that totally random and there's no such reason behind with those movements on which it will that mess up your entire trading plan or analysis. BTC follows the cycles more than the news - indeed, they may push what is already started by halving and other processes within BTC, but they don't the decisive blow in that regard - the natural 4-year cycle of BTC does, in my opinion. The news just spark things in the minds of people.
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Asiska02
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November 28, 2024, 08:13:45 PM |
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I am looking for opportunities to scalp/trade when there is indecision in the market…for example before powell speech bitcoin was ranging so I made some good profits trading within the range...are there any other opportunities when there is indecision in the market apart from hours before Powell speech?
Waiting for news before making decision on the market on how to trade may be a suitable method for you, but that won’t make you that lots of money you wished to get from trading. Making good profits will have to make you to trade more frequently, like a swinger, who stays in the market or days and wait in them patient for their trades to hit their take profits price. You are trading base on fundamental news and if that’s the only thing you trade, you’ll not have a better understanding of the market and you’ll only get to trade once in a while which is not to be a quality of a good trader. Learn more about the market so that you can be well positioned for any news that hit the market which will affect the price trend.
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Hamza2424
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November 28, 2024, 09:29:13 PM |
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BTC follows the cycles more than the news - indeed, they may push what is already started by halving and other processes within BTC, but they don't the decisive blow in that regard - the natural 4-year cycle of BTC does, in my opinion. The news just spark things in the minds of people.
No doubt that the market always follows the cyclic trend more closely on the long run compared to the news trends but here by using your words let me explain how crucial role news plays in forcing Bitcoin in order to follow the cyclic trend, cyclic movement is like fuel gets set up with the Halving and other fundamental changes and adoption developments, and news is the spark that enforces the start of that cyclic trend by firing the retail and institutional funding flow in the market. This entire process changes the market sentiments and a regular volume flows in the market with an order.
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batang_bitcoin
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November 28, 2024, 09:41:35 PM |
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News are good factors when you are doing it for long term. But if you have said that you're for scalping, you don't do that. You're most likely going to fail if you do so and that's why if you are wanting to day trade, you should look at the charts and a bit of the news. They do complement each other at most times but there are moments that they don't. Like if some good news appears for Bitcoin and you think that it's good to buy now as they say but it didn't happen, what is it for you? you have just accumulated although it's still a good decision but that's not the plan that you have ployed in your mind.
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Cryptmuster
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November 29, 2024, 08:06:50 AM |
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News are good factors when you are doing it for long term. But if you have said that you're for scalping, you don't do that. You're most likely going to fail if you do so and that's why if you are wanting to day trade, you should look at the charts and a bit of the news. They do complement each other at most times but there are moments that they don't. Like if some good news appears for Bitcoin and you think that it's good to buy now as they say but it didn't happen, what is it for you? you have just accumulated although it's still a good decision but that's not the plan that you have ployed in your mind.
Let's remember how it happened just recently, Microstrategy announced that they bought Bitcoin again, this is very positive news, and how should traders (especially scalpers) react to it? But immediately after this, a correction followed and Bitcoin fell by 92k, so trying to trade only on the news is not the right choice, it was also necessary to take into account that Bitcoin showed very good growth without falls and it was expected that this could happen at any moment, besides, it was a good move to shave off a lot of positively minded shorts, this is exactly what happened.
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mahmoud_kams
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November 29, 2024, 11:58:42 AM |
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التداول باستخدام البيتكوين أصبح شائعًا جدًا كأحد الطرق الرائدة للاستثمار في العملات الرقمية. إذا كنت مهتمًا ببدء التداول باستخدام البيتكوين، فإليك دليلًا مبسطًا:
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### **1. فهم البيتكوين وآلية عمله** - البيتكوين عملة رقمية لامركزية تعتمد على تقنية **البلوكشين**. - تتم المعاملات بدون وسيط (مثل البنوك) ويتم التحقق منها عن طريق شبكة مستخدمين.
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### **2. اختيار منصة تداول موثوقة** - ابحث عن منصة آمنة ومرخصة في بلدك. من بين المنصات الشهيرة: - Binance - Coinbase - Kraken - Bitfinex - تأكد من أن المنصة توفر: - واجهة سهلة الاستخدام. - دعم فني قوي. - رسوم تداول منخفضة.
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### **3. إنشاء حساب وتفعيل الأمان** - سجل في المنصة واختر كلمة مرور قوية. - قم بتمكين التحقق بخطوتين (2FA) لحماية حسابك.
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### **4. تمويل حساب التداول** - قم بإيداع الأموال في حسابك باستخدام: - تحويل بنكي. - بطاقة ائتمانية. - أو العملات الرقمية الأخرى.
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### **5. تعلم أساسيات التحليل الفني والأساسي** - **التحليل الفني**: دراسة الرسوم البيانية لتحديد أفضل نقاط البيع والشراء. - **التحليل الأساسي**: تحليل الأخبار والاتجاهات التي قد تؤثر على سعر البيتكوين.
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### **6. وضع استراتيجيات تداول** - **التداول اليومي**: فتح وإغلاق صفقات خلال يوم واحد. - **التداول طويل الأمد**: الاحتفاظ بالبيتكوين لفترة طويلة لتحقيق مكاسب كبيرة. - **التداول بالرافعة المالية**: استخدام رأس مال أكبر من الذي تمتلكه، ولكنه محفوف بالمخاطر.
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### **7. مراقبة السوق والتكيف** - الأسواق الرقمية شديدة التقلب. كن مستعدًا لاتخاذ قرارات سريعة بناءً على حركة السوق.
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### **8. إدارة المخاطر** - لا تستثمر أكثر مما يمكنك تحمل خسارته. - استخدم أدوات مثل أوامر وقف الخسارة (Stop-Loss).
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### **9. التعليم المستمر** - تابع أخبار البيتكوين والعملات الرقمية. - احضر كورسات لتطوير مهاراتك، مثل: - التحليل الفني للعملات الرقمية. - التداول باستخدام العقود الآجلة (Futures). - استراتيجيات التداول المتقدمة.
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### **10. الالتزام بالقوانين المحلية** - تحقق من القوانين المتعلقة بالبيتكوين في بلدك، خصوصًا فيما يتعلق بالضرائب.
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hero_the_bossman
Member

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Activity: 294
Merit: 12
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November 29, 2024, 12:26:52 PM |
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News are good factors when you are doing it for long term. But if you have said that you're for scalping, you don't do that. You're most likely going to fail if you do so and that's why if you are wanting to day trade, you should look at the charts and a bit of the news. They do complement each other at most times but there are moments that they don't. Like if some good news appears for Bitcoin and you think that it's good to buy now as they say but it didn't happen, what is it for you? you have just accumulated although it's still a good decision but that's not the plan that you have ployed in your mind.
Let's remember how it happened just recently, Microstrategy announced that they bought Bitcoin again, this is very positive news, and how should traders (especially scalpers) react to it? But immediately after this, a correction followed and Bitcoin fell by 92k, so trying to trade only on the news is not the right choice, it was also necessary to take into account that Bitcoin showed very good growth without falls and it was expected that this could happen at any moment, besides, it was a good move to shave off a lot of positively minded shorts, this is exactly what happened. News are like additional cogs in the machine which a default BTC cycle - thus, we can't rely only on them. We use both to maximize our view of the situation and also - to make the risks much smaller. Drops in price and correction are natural - after all, we are on the market.
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Fara Chan
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November 29, 2024, 02:11:49 PM |
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News are like additional cogs in the machine which a default BTC cycle - thus, we can't rely only on them. We use both to maximize our view of the situation and also - to make the risks much smaller. Drops in price and correction are natural - after all, we are on the market.
Everyone who is often in the market with a profession as a trader will take advantage of everything to be able to gain profit and to minimize risk in every condition and momentum that exists. Because it is true as you said that we do not only look at the news, but also have to have a good strategy when there is certain news that has the potential from ourselves to take advantage of it because usually the things in the news can also change market conditions for the better.
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Dr.Bitcoin_Strange
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November 29, 2024, 03:54:16 PM |
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If that's a strategy that works so often for you, you can continue using it. I know that news release usually makes the market to have a sudden up or downtrend. If draw your strategy from there, you can follow the trend but don't get greedy.
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el kaka22
Legendary
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Merit: 1185
www.Crypto.Games: Multiple coins, multiple games
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November 29, 2024, 07:12:53 PM |
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A lot of people do this and success rate is obvious, it is not about the news or even the method but about the person. Some people who do this end up doing great and make a lot of money while some people who do not do this ends up making big mistakes and I do not think we could do this out of blue one day, it's a very difficult thing to master.
The ones who make a lot of money knows what they are doing and they are very well aware of the situation, so things aren't always that simple for them, and those who make no money at all and even lose money, are people who do not know which news to follow and which news could make it go up or down. That's the issue and we shouldn't really approach this any different at all, it's same logic, just done differently.
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fullhdpixel
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November 29, 2024, 08:58:55 PM |
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If that's a strategy that works so often for you, you can continue using it. I know that news release usually makes the market to have a sudden up or downtrend. If draw your strategy from there, you can follow the trend but don't get greedy.
That "if" is a big one, because it's a volatile method that will not always yield results, at least not what you want, but it's also not going to be a terrible one neither, it's going to be a middle ground thing. Sometimes people could make money from it, sometimes they will lose, and there is no way to control it. So, should they do it? I am not sure, if they can make more than they lose, then yeah they can use it, like you said, "if" it is working for them then keep doing. I rather not do anything that volatile though, usually doesn't really bring in anything that's too profitable for me, ends up with too much problems and I rather stay away from that as much as we possibly could, the best way would be just making sure I can control my strategy.
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Dr.Bitcoin_Strange
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November 30, 2024, 12:46:22 PM |
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If that's a strategy that works so often for you, you can continue using it. I know that news release usually makes the market to have a sudden up or downtrend. If draw your strategy from there, you can follow the trend but don't get greedy.
That "if" is a big one, because it's a volatile method that will not always yield results, at least not what you want, but it's also not going to be a terrible one neither, it's going to be a middle ground thing. Sometimes people could make money from it, sometimes they will lose, and there is no way to control it. So, should they do it?Should they do it? It depends if they are willing to accept which ever result comes after. Most of the advice I get from some traders is that I should never enter a position when the market is too volatile until I identify the trend pattern of the market. One could be in a position and when the news comes up, it can just hit your stop lose and kick the trader off the market before reversal. So, I did say that a trader can use which ever strategy they feel works for them.
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Jegileman
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November 30, 2024, 02:58:42 PM |
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I am looking for opportunities to scalp/trade when there is indecision in the market…for example before powell speech bitcoin was ranging so I made some good profits trading within the range...are there any other opportunities when there is indecision in the market apart from hours before Powell speech?
Waiting for news before taking trades may not be seen as scalping to me. You may be called an opportunist trader that only comes to trade when there is an opportunity showing in the market but not for the knowledge of the market trends that you have. This is basically a fundamental news which every trader gets to know about when they begin to learn about trading. Some news often don’t go in some traders favour, so there is still tendency that you may lose big if you’re trading only when there is news. Having both fundamental and technical knowledge of the market is very important, it does not limits your chances of earning to just fundamental news only, it also gives you a clearer view on market happenings and how fundamental and technical news related to each other in trading the market.
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Peanutswar
Legendary
Online
Activity: 2030
Merit: 1682
Daily Cashbacks 🐳
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December 01, 2024, 11:20:15 AM |
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Those are the flippers or short time traders which is every move of the market or the news came to release you must need to take aware of it because every decision they made it might affect the current price of the market, you can apply this at the same time but make sure you are actively with the market situation its an advantage to your position if you made late for a few seconds or minute possible you didn't get a large profit or else your position will be late and traders will now can recover and bought on the dip or sell in the peak.
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shield132
Legendary
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Activity: 2702
Merit: 1021
Metawin.com - Truly the best casino ever
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December 01, 2024, 08:26:33 PM |
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I am looking for opportunities to scalp/trade when there is indecision in the market…for example before powell speech bitcoin was ranging so I made some good profits trading within the range...are there any other opportunities when there is indecision in the market apart from hours before Powell speech?
It's hard to decide which news will pump or dump the market, usually very influential news appear once in a year and you can't be with news websites all the time. I've also noticed that every news website posts news later, after the market correction but the fact is that some people have access to news before they are published. Scalpers will depend more on indicators than news. Scalping is just a waste of time in my opinion. The riskiest trading types are scalping and day trading. Most traders that fall in this categories are losing while swing traders and holders are very patient and make more money from trading. They are also not time consuming like scalping and day trading. If you are using fundamental analysis to trade just as you explained and not trading often, you are not really scalping in my opinion because you do not trade frequently.
Scalping sounds good in the imagination but in reality, it's a very dangerous trading strategy. The worst trading strategy for me was scalping but it wasn't much different from day trading. When you do scalping, things usually don't go as planned and then the nightmare begins but let me give you a small correction. Scalping and day trading aren't as dangerous as leveraged trading. When you turn the leverage into the game or start playing with futures you enter into the most dangerous zone where you are on the line of either becoming rich or becoming poor.
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shinratensei_
Legendary
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December 02, 2024, 02:52:22 AM |
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If that's a strategy that works so often for you, you can continue using it. I know that news release usually makes the market to have a sudden up or downtrend. If draw your strategy from there, you can follow the trend but don't get greedy.
one thing that make this strategy kinda useless though, is the "sell the news" thing, so there's no assurance that price can go up even when good news coming out. also the time the news reached us, the early birds with better information network might already accumulate and ready to dump on us, the people who just read the news and trying to join the bandwagon like us, just gonna become their exit liquidity. but anyway, if OP has history of doing this exact thing and the result is profitable anyway, I guess it still works. personally for me though, I already abandoned this strategy about trading with bitcoin news long time ago, it just doesn't work the same way it was, everybody already anticipated news and buying even at the rumour and dump when news came out.
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