Not all news are true, some of them sometimes is just a way of hype to get the attention of the community to convince them to buy the coins they are endorsing it. Though, there are some news are still true but few only, it is still good to base our analysis on the actual scenario on the trading platform as much as possible. In this way we can enhance our skills on it to improve more ourselves in doing trade.
Price action will always be the best way forward. Just like someone rightly said on this same thread that what you see is what you believe. I totally believe in that a lot. When you are focusing on what you are hearing most of the time, it tends to even cloud your judgment, and looking at the way news have never really been of help lately for a while now, I so much think it is not even what any investor should be basing their decisions on unless they verify but even at all that, whatever you need to know in a market, price action will always give you the information and the clue which is why data anyway still remains the best.
they are the ones who do more harm to traders especially beginners. 
