Why "Buy the Rumor, Sell the News" is Fading in Bitcoin Trading?

[tbct_mt2]

The reason why many people are just very worried about the price of bitcoin is because a lot of people are basically involved in trading bitcoin by buying and expecting the price to rise almost immediately but they forgot to know that bitcoin investment can be more fruitful in the future than those little profits they are interested in taking within a short interval of time.

It all starts with how they joined this market and how they did risk and capital management. If they purely joined this market after were informed by friends, news about Bitcoin, but did not make any due diligent research, they were not prepared well to stay strongly in this market.

They could not have proper risk and capital management for either their investment or trading. Like if they started with not their own money, but loans, they will no longer have good ability to stay strong when bad news appear in this volatile market. Even they want to be strong, market liquidations will kill their positions and they will lose big capital rather than get profit as they hoped at beginning.

[justdimin]

Looks like people are currently selling the news (hostilities & subsequent attack Iran - Israel). I will never understand why people sell the hardest asset in the world when there is conflict that probably won’t ever affect them personally. People should be buying Bitcoin, not selling in times like this. I pray people will be OK & casualties are limited but come on, stop selling Bitcoin.

Shouldn't it be the reverse? I mean if there is a war going on, then bitcoin should be better to hold compared to cash or stablecoins? I believe if my nation was under attack, the first thing I would do, literally even before I pack my things to leave, I would just get bitcoin with everything I have, then get some cash as well, those two will allow me to run away to wherever, and do better.

Bitcoin is such a solid asset and you can just keep it going between borders without a trouble at all, whereas everything else is much worse. Having a fear of war between Iran vs Israel and selling your coins because of this reason makes no sense to me at all. Even they shouldn't be selling it, let alone people in other nations, who definitely have no reason to sell.

[TheUltraElite]

Gone are the days when negative news leads to immense DIP and struggles to come back because right now bitcoin investors are no longer by negative news about bitcoin unlike in the past when their is any little negative news people begins to panic and sell their coins.

I will not say that those days are gone, they will happen again in future but massive changes are not happening commonly or at present times even with political tensions between countries and elections upcoming.

Flippers are looking for such quicks gains but holders are not. So you have to decide what position you want to take - both are profitable at specified durations of holding but the frustration that comes with not being able to flip is much higher than holding.

Either way prices are staying at stagnancy hence it is better to wait it out than open a new position.

[OcTradism]

I will not say that those days are gone, they will happen again in future but massive changes are not happening commonly or at present times even with political tensions between countries and elections upcoming.

News can be real or fake, FUD but we as traders in the market, not as market makers, can not control news. What we can do is with our trading positions and trading capital. We are free to open or close our trading positions and this practice can help us defending our trading capital or destroying it.

Flippers are looking for such quicks gains but holders are not. So you have to decide what position you want to take - both are profitable at specified durations of holding but the frustration that comes with not being able to flip is much higher than holding.

Trading does not mean holding positions for too long, because market can suddenly move up or down dramatically that can cause either Short squeeze or Long squeeze and it's not too rarely with both Long and Short squeezes occur within few minutes.

Either way prices are staying at stagnancy hence it is better to wait it out than open a new position.

With uncertainty on what's next, it's safest to close all current positions and do like your advice, wait for chances to open new positions. With traders, nothing is more important than protecting their trading capital and closing all current existing open positions is a good practice for capital protection.

One of best weapons in trading. Use stop loss order is good but if traders are in time of very high uncertainty, it's safer to close all positions than using a stop loss order, that can fail practically too.