Buy on rumour and sell on news. | Bitcointalksearch.org

BartS

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Quote from: Malsetid on April 03, 2019, 03:49:29 AM

Quote from: whiteblue on April 01, 2019, 08:32:10 AM

Quote from: SlimShadyMmp on March 31, 2019, 06:06:01 PM

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

It's a textbook strategy same as the buy low sell high principle. These rumors must be coming from somewhere and more likely than not, there are facts backing it up. And even if there are none, rumors could still hype a certain coin at any time and start a fomo wave. If in case the rumors have facts, then you'll be able to take advantage when news comes out and the value of your coin pumps up.

While buying the rumours is a strategy that has been known for a very long time it is really difficult to execute it correctly because the most important thing about the rumour is who generated the rumour itself? If the rumour comes from an authority in the world of cryptocurrencies then it could be worth to buy some coins but if the rumour comes from a person that is not recognized in the world of cryptocurrencies it could be a better idea to just wait for the price to move.

Malsetid

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Quote from: whiteblue on April 01, 2019, 08:32:10 AM

Quote from: SlimShadyMmp on March 31, 2019, 06:06:01 PM

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

It's a textbook strategy same as the buy low sell high principle. These rumors must be coming from somewhere and more likely than not, there are facts backing it up. And even if there are none, rumors could still hype a certain coin at any time and start a fomo wave. If in case the rumors have facts, then you'll be able to take advantage when news comes out and the value of your coin pumps up.

whiteblue

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Quote from: SlimShadyMmp on March 31, 2019, 06:06:01 PM

Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

I think lately there are a lot of traders who are easily affected by rumors that ultimately make the cryptocurrency price condition very cheap because many traders are panicking and when prices go up they also panic by buying when the price rises is the wrong step and make many new traders lose.

LUCKMCFLY

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Quote from: sudeshkumar on January 04, 2019, 09:20:38 PM

There is a rumour about hard fork of ETH and the volume in the trading of ETH is aggressively growing .Prices are showing strength .Is it an opportunity to buy on rumour and sell on the news to book profit.

You must be very careful, what you must be clear at this time is that we are in a phase of accumulation according to what I have studied in the market since the Wyckoff philosophy, so being in this phase of accumulation it is best to buy, because in fact is the phase where the ETH will be very cheap and you must sell at the Distribution stage, the big speculators were not carried away by the news, unless it is a Fundamental, the rest only relied on their analyzes and structures studied in the market.

SlimShadyMmp

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Technically and logically analyze the market first and know that there are many people out to capitalize on your losses and use that as an opportunity while devouring your money so analyze first before buying rumors or news is really important to read the market first

Adriano2010

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I think is ok to buy on rumour but if comes bad news then maybe the price is not so good and not all will sell when news coming. If ETH goes to PoS then i don't know if the price will be what is now.

yslyv

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Yes correct because as soon as a good development or anything good happens people are aimed to sell their coins because there is nothing to wait anymore.

Milamol

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Quote from: Hypnosis00 on March 31, 2019, 03:25:51 AM

Quote from: ||bit on March 31, 2019, 01:04:54 AM

It is the most basic thing on trading but it is also something very hard to follow.

Because when something is raising you are getting the feeling that it will go like that forever. Also when you think about how good value brought before the news, news should bring more value. But no, it is always, when the expected happens, you need to sell.

We know how that news are so influential to us especially if you are in doubts of what you are doing( just to say in trading). It sometimes will give awareness to everyone, but it could be different in trading life where we just be considerate of the market flows and not just in news. Market trends change always and we never know where it goes exactly, relying news in trading isn't a good strategy to follow.

Among traders, there is an opinion that news is a secondary confirmation signal for asset analysis. Thus, news (and rumors, like the type of news) can't be the determining factor for making decisions on the market.

SMOKEU

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the ethereum fork is nothing to do with the price of ethereum.. price probably will go up when people starting to see progress on the current price..

doycku

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Quote from: A L I E N on March 31, 2019, 05:20:39 AM

Quote from: binhvo1505 on March 29, 2019, 07:24:59 AM

Quote from: sudeshkumar on January 04, 2019, 09:20:38 PM

There is a rumour about hard fork of ETH and the volume in the trading of ETH is aggressively growing .Prices are showing strength .Is it an opportunity to buy on rumour and sell on the news to book profit.

The market cycle will usually grow in Q2. so i think you should buy ETH now. Its price is still not high compared to its true value.
$ 140 is a reasonable price to hold for 1-3 months. I'm sure the price of ETH will soon increase to $ 200 in Q2 and Q3.

So, the first quarter of the year is over, and I think that we cannot call it a bad period. Bitcoin and Ethereum, as well as Litecoin, managed to grow well. I am sure, that the market will be rising.

I would like to mention the following in hardforter ethereum, which are also spoken about by users of cryptocurrency. There have already been repeatedly a statement from the ethereum team that the updates will be very large-scale, but there will be no more ETH counterparts. Nevertheless, the erc20 platform is being improved and this is a direct signal to all potential investors.

A L I E N

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Quote from: binhvo1505 on March 29, 2019, 07:24:59 AM

Quote from: sudeshkumar on January 04, 2019, 09:20:38 PM

There is a rumour about hard fork of ETH and the volume in the trading of ETH is aggressively growing .Prices are showing strength .Is it an opportunity to buy on rumour and sell on the news to book profit.

The market cycle will usually grow in Q2. so i think you should buy ETH now. Its price is still not high compared to its true value.
$ 140 is a reasonable price to hold for 1-3 months. I'm sure the price of ETH will soon increase to $ 200 in Q2 and Q3.

So, the first quarter of the year is over, and I think that we cannot call it a bad period. Bitcoin and Ethereum, as well as Litecoin, managed to grow well. I am sure, that the market will be rising.

Yutikas_11920

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Quote from: ||bit on March 31, 2019, 01:04:54 AM

It is the most basic thing on trading but it is also something very hard to follow.

Because when something is raising you are getting the feeling that it will go like that forever. Also when you think about how good value brought before the news, news should bring more value. But no, it is always, when the expected happens, you need to sell.

I think there are still a few who know the method from you, many new traders who still often panic when they see the bad news they cannot distinguish it from false news or not because at this time many people are doing it, they make bad news about cryptocurrency in some the media aims to make traders panic and make the price of the cryptocurrency fall.

Hypnosis00

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Quote from: ||bit on March 31, 2019, 01:04:54 AM

It is the most basic thing on trading but it is also something very hard to follow.

Because when something is raising you are getting the feeling that it will go like that forever. Also when you think about how good value brought before the news, news should bring more value. But no, it is always, when the expected happens, you need to sell.

We know how that news are so influential to us especially if you are in doubts of what you are doing( just to say in trading). It sometimes will give awareness to everyone, but it could be different in trading life where we just be considerate of the market flows and not just in news. Market trends change always and we never know where it goes exactly, relying news in trading isn't a good strategy to follow.

||bit

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It is the most basic thing on trading but it is also something very hard to follow.

Because when something is raising you are getting the feeling that it will go like that forever. Also when you think about how good value brought before the news, news should bring more value. But no, it is always, when the expected happens, you need to sell.

Slash61

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Quote from: Lumberjack1935 on March 30, 2019, 04:16:02 PM

I think there is not much secret about it! But lately people are selling on the rumors and buying on the news. This kind of behavior misleads many investors. Cheesy

The correct thing is that people buy what they want to use or that they strongly believe that someone will use it. In fact, this exercise is not easy because most projects don't make much sense so far.

Perhaps the stray is new investors. those who have experienced will not ignore it, they know which ones are fake and which one is right. the news will spread quickly, but for experienced investors, they will still be quiet.

Lumberjack1935

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I think there is not much secret about it! But lately people are selling on the rumors and buying on the news. This kind of behavior misleads many investors. Cheesy

The correct thing is that people buy what they want to use or that they strongly believe that someone will use it. In fact, this exercise is not easy because most projects don't make much sense so far.

taktik

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Quote from: mrdeposit on March 30, 2019, 02:05:10 PM

Quote from: cunguks on March 29, 2019, 04:31:45 AM

Quote from: udidrone on March 29, 2019, 03:33:38 AM

A lot of people agree Ethereum can be good coin in future. Because it is still on top of altcoin, and it can give good profit like when it's pumped in past. And a lot of people still use it for transaction fee to token and it still make demand for it.

ethereum I think is still the first choice for investment. but I think it will be better in the long run because the market is not so good for the short term now. ethereum will re-shine in the future, look at the next few years etheruem will return to the top.

Already, ethereum is the queen of the market in the second place after bitcoin. Although the others to compete with it has been available for a long time, eth always keeps its own place, and in the future it will be in the price it deserves.

Very often there was information about the statements of many members of the ethereum team that could reach $ 5,000 and $ 10,000. Of course, this will take years, but nonetheless, if you make long-term investments, then its duration is not limited. Although in the near future I cannot even dream of such prices for eth.

mrdeposit

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Quote from: cunguks on March 29, 2019, 04:31:45 AM

Quote from: udidrone on March 29, 2019, 03:33:38 AM

A lot of people agree Ethereum can be good coin in future. Because it is still on top of altcoin, and it can give good profit like when it's pumped in past. And a lot of people still use it for transaction fee to token and it still make demand for it.

ethereum I think is still the first choice for investment. but I think it will be better in the long run because the market is not so good for the short term now. ethereum will re-shine in the future, look at the next few years etheruem will return to the top.

Already, ethereum is the queen of the market in the second place after bitcoin. Although the others to compete with it has been available for a long time, eth always keeps its own place, and in the future it will be in the price it deserves.

steveabrahams

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Quote from: cryptofuturologist on March 29, 2019, 03:25:23 PM

Cryptocurrency is very unpredictable. I think that no rules work here. We must be very careful when investing in crypto.

Agreed, cryptocurrency is very unpredictable and anything can happen in crypto. There is no exact strategy but buy on rumour and sell on news still work imo, because i also do that and got a good amount of profit. People really like a rumour or issue or gossip, the market can easily pumped with that info.

martabaktelor

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For me, the changing strategy is more important than having to wait for prices to rise. Indeed, news can affect price increases and decreases. But do you have to wait until the news is there? It's better to trade every day, though fortunately it's small but gives us benefits.

Topic: Buy on rumour and sell on news. (Read 25578 times)