I also think that even news is not entirely bad,
if you follow the news that is not good about the price fluctuations of the crypto currency, you will be sure to make a wrong decision.
Topic: Do Not Trade By The News, Follow The Price Action - page 11. (Read 19599 times)
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
There are only some articles will helpful for you to get the right news about the cryptocurrency and investment Bitcoin and others kinds but most of there blogs and articles will not help you to understand the proper and happening situation about cryptocurrency so why your period is don't trust anyone while investment and this forum will helps you to learn a lots of things about cryptocurrency and blockchain system so use this forum and make a good decision. Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Sources of information are primarily different, some really help to buy at a low price and sell at a high, so it all depends on the reliability
It is very risky to trade using news alone to find out when to buy or sell and in trading, trading action or price action provide us with all the information about the particular assets we are investing on both technical and fundamentals.
It's a stupid move on any trader if his basis is only the news, that's what we called newbie trading. An experience trading would not do that, he will make sure his analysis is based on different factors as more sources would
mean better information to analyze and has a big probability to come up with a greater plan.
It is very risky to trade using news alone to find out when to buy or sell and in trading, trading action or price action provide us with all the information about the particular assets we are investing on both technical and fundamentals.
It's a stupid move on any trader if his basis is only the news, that's what we called newbie trading. An experience trading would not do that, he will make sure his analysis is based on different factors as more sources would
mean better information to analyze and has a big probability to come up with a greater plan.
It is very risky to trade using news alone to find out when to buy or sell and in trading, trading action or price action provide us with all the information about the particular assets we are investing on both technical and fundamentals.
some of the experiences from trading that I experienced following the news were sometimes very helpful in analyzing the trade that I did. but I have to be sure that the news can be accounted for and from trusted sources.
That's why you should research, don't follow every prediction around you. news is important to know because it also affects the market, but for daytrade focus more on price movements on the chart, you must know the strategies for reading and predicting
Positive/negative news really ruled the market years ago, but now they do not make any particular effect on the price, well, probably only negative ones as I can see.
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
In my opinion, indeed we must have expertise in knowing the movement of cryptographic values, but information is very much needed, from my experience there are indeed some instances where the market does not move according to the news and even the news comes from well-known sites. But most do follow the news, as long as you really understand the news I think maybe getting lost on crypto values is small chance. Even though we do have skills in non and fundamental analysis Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
If you look at the news, there's a lot of positive news out there to help the price of Bitcoin and other Alts to wake up and start moving again, but there's also a lot of manipulators out there with a lot of money to spend in manipulating the price to make people dump their coins at low price so they can buy and sell later.
These it's very unpredictable, we have entered the time that hype is over and FUD is greater. Looking at the news alone and make decision would lead you to failure, both are very important, news and price action should be consider prior making a decision.
If you look at the news, there's a lot of positive news out there to help the price of Bitcoin and other Alts to wake up and start moving again, but there's also a lot of manipulators out there with a lot of money to spend in manipulating the price to make people dump their coins at low price so they can buy and sell later.
These it's very unpredictable, we have entered the time that hype is over and FUD is greater. Looking at the news alone and make decision would lead you to failure, both are very important, news and price action should be consider prior making a decision.
Iam trading with follow the trend, went the trend change it into Bullish/Bearish then i will follow him, never to fight back into the market. because just like you try to stop a falling knife and you cant do that, if doing that i believe you will lose.
Ok, you mentioned a good subject here, never fight back the market, I think this what makes traders lost in the bear market. Why?
Because at the back of their minds they keep on hoping that the price will still go up. So they wait and wait till they're on the the losing end. No need to fight back the trend, you should understand when to give up and sell your coins and just re-invest when the price picks up again.
If you look at the news, there's a lot of positive news out there to help the price of Bitcoin and other Alts to wake up and start moving again, but there's also a lot of manipulators out there with a lot of money to spend in manipulating the price to make people dump their coins at low price so they can buy and sell later.
News isn’t the only factor to influence the price. Some news is also to be used to manipulate the market, so it is better not to make trading decision only depend on news resource, but I think it is also important to follow the news, because it is one factor to influence the price, one in ten might be real news and it might help traders to avoid a big price drop.
I think it is all about manipulating to make a change in every various situations and it is not new when there is money involved. It is how the way people from the top doing business so we from the bottom must follow accordingly since we won't get any if we go the other way around. That's why when it is time to dump just dump and embrace the profit that you deserve to get. 
Iam trading with follow the trend, went the trend change it into Bullish/Bearish then i will follow him, never to fight back into the market. because just like you try to stop a falling knife and you cant do that, if doing that i believe you will lose.
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
your point was correct investment and trading are about our experience and our work so it does not mean there outside situation will made you to do good trading ,the good trading is came out by only with your experience and learning so when seeing a bad news about your investment don't distract with that do some extra Research and made your decision correctly. Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
News isn’t the only factor to influence the price. Some news is also to be used to manipulate the market, so it is better not to make trading decision only depend on news resource, but I think it is also important to follow the news, because it is one factor to influence the price, one in ten might be real news and it might help traders to avoid a big price drop.
The news has nothing to do, the good trader does not even see the news, because it is preparing his successful trade, the news is just that "News", if you understand the market and in which direction it goes, there is nothing to worry about, Unless you are trading in the stock market and a fundamental event occurs that if it changes and has a global impact, in that case, the stock market reacts.
Unfortunately we have a lot of fud news in the crypto world and very few of them are authentic. Even the small news is presented in a wrong way and lot of suspense is being created by the crypto media. This is indeed wrong as many people become panic because of such false news and take moves in trade accounting to these news.
The news has nothing to do, the good trader does not even see the news, because it is preparing his successful trade, the news is just that "News", if you understand the market and in which direction it goes, there is nothing to worry about, Unless you are trading in the stock market and a fundamental event occurs that if it changes and has a global impact, in that case, the stock market reacts.
Though you are right but there was a time when good news helped the coin price to get a pump! According to the recent condition of the crypto market, following crypto news in trading is not helpful anymore! Though still main net launch, big exchange listing news sometimes make the price up! But, overall, you are right now and I agree with you.
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