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 only question is whether the fork not will be transferred again and whether there will be a growth of the parent coin after that. So it’s not very correct to work on rumors alone, this can nullify your capital. 
Topic: Buy on rumour and sell on news. - page 7. (Read 25578 times)
Yes, this news does affect many people that they will buy coins or sell coins. But for me, I often see the Crypto market situation. By monitoring every day, of course, I can decide to buy or sell. Because daily trading will be more profitable.
Some of the best experiences one should ever have is profiting big out from rumors. They seem to be like bandwagoners riding in the hype and graciously sell their crypto holdings too at the very right time. Proud to say that i am one of them too especially when there's a hype crypto erupts while my other crypto holdings remained stagnant.
Rumor and news is always become a great influence on the cryptocurrency market. When ever there are rumor and news about some coins or all coins, mostly will drag the cryptocurrency to rise or fall in a face pace, that what force us to keep our ears open on every rumor and news that popping up.
even though rumors and news have always become a great influence on the cryptocurrency market, as a trader we must think clearly and find out the calm of the real situation so that we are not carried away by the flow of numbers that can endanger the assets we have.sometimes the rumors and news have a very positive impact on us, but most of them are just a scheme made by the whales to control prices in accordance with their plans.
Rumor and news is always become a great influence on the cryptocurrency market. When ever there are rumor and news about some coins or all coins, mostly will drag the cryptocurrency to rise or fall in a face pace, that what force us to keep our ears open on every rumor and news that popping up.
Then who are the ones sharing the rumour if not those who also share the news when it time, rumour don't easily convince people to buy or sell like news, people calm a little bit and pay attentively to rumour before actions.
I think news is more dangerous than the rumour because news is controled by groups by an organized way and lead everyone to go follow by their way
its hard to for little traders/investors like us to really read what's between their minds and how to anticipate correct movements to happen, whales have
it's own way, they created rumors and if that shake the market they will published news making things to go whatever the trend they like.
If positive news, for example, cooperation with the company, crypto is usually experiencing an increase. And if there is bad news there must be a very dramatic drop in prices. That's what often happens now. It should be, when there are positive rumors you should hurry to buy. Because usually it must go up after a while there is good news.
Then who are the ones sharing the rumour if not those who also share the news when it time, rumour don't easily convince people to buy or sell like news, people calm a little bit and pay attentively to rumour before actions.
I think news is more dangerous than the rumour because news is controled by groups by an organized way and lead everyone to go follow by their way
We had many such situation in the past that the market reacts on the rumors and the price is already established when the event happens. It is not always the situation like that as crypto market is completely unpredictable so we have to be very careful with that strategy.
The market is always unpredictable but as a trader we should follow that principle, if you can follow that properly, it will make your profitable. It's not being greedy and will make you stay with your strategy, buying in rumor and sell the news is a saying for short term traders since
most of the time, when there is a good rumor, the price will pump and will dump after a news.
We had many such situation in the past that the market reacts on the rumors and the price is already established when the event happens. It is not always the situation like that as crypto market is completely unpredictable so we have to be very careful with that strategy.
You as an investor can also make the mistake if buying on rumour which might be FUD and shilling and end up paying the price of wrong purchasing decision
It depends on the news, I saw Ethereum rise to about 150 dollars simply because of the Constantinople hardfork, and it dropped back to about 100 dollars when the fork was said to have been postponed.
Then who are the ones sharing the rumour if not those who also share the news when it time, rumour don't easily convince people to buy or sell like news, people calm a little bit and pay attentively to rumour before actions.
You as an investor can also make the mistake if buying on rumour which might be FUD and shilling and end up paying the price of wrong purchasing decision
It also can happened. But it should remember that only rumour without other signals to buy\sell can't be enough trustable. But is one of the factors that need to take into account
You as an investor can also make the mistake if buying on rumour which might be FUD and shilling and end up paying the price of wrong purchasing decision
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 is the strategy that most traders and investors use. Although, it might sometimes fail,. depending on the project you are dealing with. I use it for projects hat i trust and nit just any.If you are going to be using this method, it is very useful when the rumour is very fresh and the same thing with the news when you want to sell, but most importantly the former. Which is why you would need to do continuous and proper followup.
In Friday the rumour of Bitcoin ETF has appeared. Somebody told that maybe next week some decision will be taken in. And BTC price rapidly grown up to 10%.
It confirms that tesisis about buing on rumours. In few days we will see would the second part come true
It confirms that tesisis about buing on rumours. In few days we will see would the second part come true
This was the fundamentals I learnt while walking up the ropes of crypto trading. Though the influence and power has diminished recently as a result of the market bear, the core meaning of the exercise is still being explored for benefits. This is because, the phrase still holds true. People still buy the rumors, sell the news. This one point that has generated a lot of profits for users in the past.
Those who bought on rumour of that eth fork, I hope they made good profit from it. I didn't hear people talk about profits after the fork, so I wonder..
The success of this strategy lies solely in the fact that now there are huge opportunities to buy, now all the leading projects cost very little, despite the previous opportunity to invest in LTC, you still have the opportunity to invest in it.
One of the successful strategies of our market, because it is in this way that people try to keep afloat. Because it is on rumors that people can actually make a purchase or sale. I think that makes sense
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