Topic: Buy on rumour and sell on news. - page 12. (Read 25578 times)
So, I think it would smart to choose good crypto by tumors of other members, if you don't know what should to choose. And of course watch news about cryptocurrency to sell your coins.
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.
It was better if you have bought when it was around $80 and you have heard the news that there will be an upcoming fork for Ethereum. And buying is the right thing to do right now, you'll get it as the volume grows higher and you can get the chance to get a little profit if you are for the short term. But as you move on, go with long term these forks would certainly effect Ethereum in the process and can impact its price positively if you keep on holding it. 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.
This has been an excellent event for the year 2018 in crypto currency
It is hard to comprehend which rumors to buy
So be smart
whether the rumors are true will be difficult for sure. But if not try certainly will not know for sure the end result will happen. but the news of hardfork is no longer nonsense and is certainly expected to be an advantage going in these conditions. It would be better to try the ethereum than just silence it because if it happens then at least there will be an increase in the results obtained.
take your experience to assess something that hasn't happened.
for example what has happened to BCH when hardfork, if you can learn from the experience of doing what you believe will produce results.
for example what has happened to BCH when hardfork, if you can learn from the experience of doing what you believe will produce results.
Buy on rumor and sell on news, this is exactly what you have to do if you are a short term trader.
This strategy has been working well because when there is a rumor, people will come buying and whales can help to push the price higher so it will result to a pump, just like last year, the market is very bullish because of the funds that are coming but always remember there is a collection.
So, best strategy is knowing to come in and get out, as what goes up must come down.
This strategy has been working well because when there is a rumor, people will come buying and whales can help to push the price higher so it will result to a pump, just like last year, the market is very bullish because of the funds that are coming but always remember there is a collection.
So, best strategy is knowing to come in and get out, as what goes up must come down.
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.
It is not new that when there is an upcoming hard fork of any well known cryptocurrency or coin that is ranked at the top, people are immediately buying it because holders of the coin will receive an amount of hard fork coins after the hard fork depending on how many you are holding and the ratio that will be given per coin, so yes it is an opportunity to make free money from forks while the price is also rising due to many people wants to claim free hard fork coins but only if there are exchanges that will list it on their platforms.
Yes, it is noticeable that the price rises slightly. I think this will continue and ETH will gradually grow in value every day.
Such a message will make me think that Ethereum will soon depreciate. It seems that Bitcoin will be like this soon. Bitcoin does not break through the price support, so I am not optimistic about the 2019 cryptocurrency market.
it is easy only in theory but not in reality.
in reality you have no way of knowing what is the best time to buy based on some bullshit rumor online since the internet is filled with them every day.
so i'd say the best strategy is to only look at what matters the most: the charts.
when you look at them you can see everything there is to know about the altcoins. for example the volume that is going into a shitcoin before it is pumped. and you can use that kind of "pumping signal" to buy in and enjoy the short lived pump and then look for the exit signs and dump right away to get your profit out successfully.
in reality you have no way of knowing what is the best time to buy based on some bullshit rumor online since the internet is filled with them every day.
so i'd say the best strategy is to only look at what matters the most: the charts.
when you look at them you can see everything there is to know about the altcoins. for example the volume that is going into a shitcoin before it is pumped. and you can use that kind of "pumping signal" to buy in and enjoy the short lived pump and then look for the exit signs and dump right away to get your profit out successfully.
The upcoming fork of Ethereum called Constantinople is increasing the demand for Ethereum, price rise because of everyone buying now, however, the valuation of the cryptocurrency market still remains at $130 billion and it is far from recovering to previous highs and as such, it is still too early to conclude that buy on rumour (ETH) is a right decision, it's still have a chance ETH price will suddenly drop after the hard fork happen.
Yeah you are totally right, I just bought some Ether yesterday, I wish I am not too late and turns out doing FOMO. I plan on selling them 2 or 3 days before the actual hardfork happen which is on January 19th if I am not mistaken. So, you better buy it now before you are too late.
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.
It's not a rumor. It's real sudshkumar. Try checking Vitalik Buterin's Tweet. However, we can't really assure if there is going to be a bull run after the hardforking so better HODL your ERC tokens and ETH.
neither of these two are "rumors" they are facts.
- Fact: Ethereum has a hard fork upcoming
- Fact: hard forks are super risky and will split the chain into two in 90% of the cases
- Fact: forks are usually hyped up and can lead to pump
- Fact: the volume has been picking up but it can be be cause of the recovery + the mini pump
a rumor would be something like hearing about ETH being listed on some big exchange that didn't have it before and buying it before there is any official announcement.
- Fact: Ethereum has a hard fork upcoming
- Fact: hard forks are super risky and will split the chain into two in 90% of the cases
- Fact: forks are usually hyped up and can lead to pump
- Fact: the volume has been picking up but it can be be cause of the recovery + the mini pump
a rumor would be something like hearing about ETH being listed on some big exchange that didn't have it before and buying it before there is any official announcement.
I think oppositely with what you say. Its risky relying on the rumour of people buying. Its just like you are into fudd. Don’t rely on other people on what you are buying.You should do your own research also.
If you are buying ethereum now just because of some kind hard fork coming,you might wake up after the hard fork and discovered that there is a dump because hard fork may swing anywhere.
what kind of rumors? there are official statements and the exact number of the block on which the hard fork will occur. the rumors were in November
Exactly this is called in short "play with the market with ongoing trends" but with proper planning of when to exit on the right time. Whenever there is any trends about project goes on like listing on big exchange, node integration, testnet, mainnet, big partnership announcement and hardfork etc the price of coin/token pumps naturally. Try to take advantage of this events and exit before 1 week to take maximum profit and don't be greedy take happily whatever profit you make as there are chances before events 2 to 3 days price goes down to minimise the risk. This Constantinople hardfork of ethereum will obviously pump the price and hopefully they will smoothly fulfill their purpose of hardfork in future..
If you believe on the rumor and it really happens as what you've expected, then that's alright. Just be careful, diligent and alert every time a bad news comes out or when the fork has fully done, the price will surely go down, may it be a little less or a very big dump.
I think that the time when it will be necessary to sell will come very soon. because, as a rule, 5-6 days before the hard fork the price begins to fall
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