Friends, the news background on the crypto market has been very active lately, and in a rather positive way, but not every good news is true. How does this affect your investments and strategy on the market? How to protect against fakes?
So far, there have been many long-standing exchange accounts, as well as credibility that we can still rely on today. I think this's enough for us to avoid counterfeiting. Be wise with what you do when you want to invest, for example by buying 15-20 market-cap top crypto coins, and most importantly "Never even if you sell other bitcoin or crypto, as long as their prices are still below the price when we buy".
Don`t trade by the news, use them to inform yourself, to check other people opinions, but what will you do with your trading should depends from money you have, in fiat and bitcoins. When you trade you need to know when you bought and to wait rise, if price drops take out your fiat and buy more, expect the dip and wait for new rise. When price starts to rise you take profit on some of your buys, others you wait more if you have to.
Trading is not just making profit, it`s balancing your fiat and bitcoins, in our case bitcoins and usdt, find your perfect pair and study the market.
What you say isn't wrong, friend. But, as far as I know, the news actually has a pretty good influence on some trends that occur during the market's still ongoing. If we talk about bitcoin, I think this's not the right time to wait for a rise or fall in prices, except by buying and holding in the long run, surely what we expect will be fulfilled.
In reality, numerous crypto enthusiast make news as a benchmark for moving and purchasing bitcoin or altcoin. They have the thought that news is one of the greatest variables that change value developments. Concerning perceiving and recognizing the correct news and false news that relies upon every individual, there is somebody who gets a message each time they will find out reality of the news and there are the individuals who get a message so they will choose to move or purchase without persuading reality the news.
That's right, I agree with what you say, not even a few of them use the news as a benchmark used in making decisions, so at any time he can measure the quality of crypto currencies and their performance.