Topic: As we all know, the price of the coin can heavily depend on the news. - page 2. (Read 359 times)
December 18, 2018, 08:38:22 AM
The crypto market in general is heavily reliant on news and this is referred to as FUNDAMENTALS ANALYSIS. Traders rely a lot on fundamentals with technical analyses. News could be positive or negative and they affect the price of a coin in both opposite directions. Negative news like the delisting of a coin from a popular exchange usually has adverse effect on that coin, vice versa.
December 18, 2018, 08:26:18 AM
Yep, FA is more logical for the present situation. But this analysis can be technical and fundamental. The most important is the effect of the analysis on human psychology. Even without these analyzes, price movement is possible. Because this sector differs from the others, so edge intervention is not possible.
December 18, 2018, 07:37:15 AM
When I invest into a project I'm always following the news. It proved to be a relatively reliable way to make the forecast of the coin price movement in the nearest future. It odesn't work all the time, so take other factors into account when trading or investing.
December 18, 2018, 07:10:23 AM
As we all know, the price of the coin can heavily depend on the news, positive or negative. I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.
Here's an example:
The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.
Here's an example:
The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.
News is rumors and only whales playing using news, they are small player with big fund and good prediction. Following news not always works but of course nothing wrong to try. I'm not fundamental because news can change my decision, for this one I have a lot bad experience to tell. As long you can make profit just go and always trust in you not from premium signals.
December 18, 2018, 04:13:47 AM
As we all know, the price of the coin can heavily depend on the news, positive or negative.
Well, I agree with this but not all of the time this is happening. Although the price of a coin is heavily dependent on the news that are spreading across the internet, there are a few times that the price doesn't affect when there is neither positive or negative news.I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.
Nope. I disagree with this. Any large institutions can spread news and updates on a coin just to pump it. As a trader, we must be contrary to the news. Traders must be a contrarian and we must follow the chart not the news. News are information for the masses and not for the classes. December 18, 2018, 03:44:27 AM
While the media can play a huge part in cryptocurrency space,i do not really hold most news I hear in good light as most of them are all fake rumors and what they do is to spread panic.
If it's for the good, we get an influx
If it's for the bad, we get a wide exit door
News in general plays one role or the other anyways,whether positive or negative
If it's for the good, we get an influx
If it's for the bad, we get a wide exit door
News in general plays one role or the other anyways,whether positive or negative
December 17, 2018, 01:21:12 PM
The trend is way more important than the news.
I'd say that depends. Right now there isn't really any short-term trend with bitcoin--it's just kind of trading sideways day-to-day. In the bull market that led up to btc hitting $20k, then yeah I'd agree with what you said. That was a trend that probably no news could have stopped.In a market like the present one, I'd say that if we got some really bad news (and I'm not talking about something like the ETF being rejected), the price could crash to the floor. I don't think such a thing is likely, but it could happen and OP does have a point. Since bitcoin isn't a business, you can't analyze things like earnings, dividends, or who the board of directors are. News and rumor are pretty important IMO.
December 17, 2018, 12:58:23 PM
Well mainstream media could as much as control our opinions subconsciously, so yes the media can influence cryptocurrency enthusiasts to act in a certain direction.
Understand the difference between, shilling, promotion, and FUD. This would allow you make the best decisions based on what you read, watch and hear without being controlled by it.
Understand the difference between, shilling, promotion, and FUD. This would allow you make the best decisions based on what you read, watch and hear without being controlled by it.
December 17, 2018, 12:22:55 PM
Traditionall, it is news that drives the market.
Can you point us to some actual examples?
It looks far more to me like natural cycles of psychology playing out that can't be turned by news. It does count on occasion for flash crashes and so on. They don't break trends though.
December 17, 2018, 12:19:21 PM
Traditionall, it is news that drives the market. Cryptocurrencies market is not different from stocks and forex market and news and fundamentals analysis are what you need to focus on to see if the price is about to drop or pump. Remember that chart and technical indicators are for you to know when the market is about reversing or continue in it present movements.
Trading in cryptocurrencies market is very risky and you should not go into it without adequate knowledge on how news impact the market. If you are not familiar with the market and how news affects pricing you should not there go near Trading with just technical knowledge as you will lose money.
Trading in cryptocurrencies market is very risky and you should not go into it without adequate knowledge on how news impact the market. If you are not familiar with the market and how news affects pricing you should not there go near Trading with just technical knowledge as you will lose money.
December 17, 2018, 12:11:22 PM
Yes, sometimes news can also affect the price of a coin on the market, but we must always remember that it does not work 100% on each type of coin. For example, a few moments ago there was a lot of positive news about the market, but what actually happened was the opposite. Yes, the market continues to decline.
December 17, 2018, 11:00:56 AM
When there are alot of coin occur every time, it's kindda difficult to analyze the market especially for who still new on crypto industry.
For me I'm prefer focusing on global currency like Bitcoin. But if you believe on other project , make sure that you've updated about their progress so you can predict what kind of future that will be created on that project.
For me I'm prefer focusing on global currency like Bitcoin. But if you believe on other project , make sure that you've updated about their progress so you can predict what kind of future that will be created on that project.
December 17, 2018, 10:46:11 AM
As we all know, the price of the coin can heavily depend on the news, positive or negative.
I disagree.at least with the "heavily" part. news is known to affect the price of anything but it is never known to be the main reason for the rises and falls. for example there are times when a positive news comes out while market doesn't react at all or a negative news comes out while price continues to rise.
Quote
I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.
good advice as long as you don't consider positive news be equal to 100% chance of rise or same with negative news being 100% chance of drop. because they are not.Quote
The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game,
in other words news was NOT the reason for this rise.I don't know this coin but based on your comment when a news comes out the price reacts right away. meaning if this small rise was because of the news then it must have started rising 3-4 days before the actual rise. so it must have other reasons.
December 17, 2018, 10:30:17 AM
The trend is way more important than the news. If things are dying as they are now no amount of 'good' news will turn something around. When things are explosive news is an excuse to be more explosive, not the cause.
The only news really worth paying attention to is bad news for short term moves. People are so twitchy they'll crater themselves. Then it's back to whatever the trend is.
The only news really worth paying attention to is bad news for short term moves. People are so twitchy they'll crater themselves. Then it's back to whatever the trend is.
December 17, 2018, 10:27:45 AM
I agree, it affects the price but it depend upon the news network and audience who is reading this news. In addition to news rules of certain country also change the trends.Whenever there is any change in the rule there is a huge upward trend or downward trend in the crypto market. SO I also follow.
December 17, 2018, 10:18:01 AM
As we all know, the price of the coin can heavily depend on the news, positive or negative. I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.
Here's an example:
The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.
Here's an example:
The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.
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