It is truly unfortunate that there are those who have been reported to have lost large sums of money as a result of the spread of false news, as it was announced that one of the whales lost $49,000 worth of money after he bought 20.5 bitcoins at a price of $613,201 and then quickly sold it less than 10 minutes later for barely $563,970.
Another example of the reason why I say trading is gambling, you basically trade on gambling on the effects and if the news is true at all, and when your whole thing is based on twitter posts, then look a the outcome.
It's kind of ironic traders all the time talk about TA and all the indicators and then at the first instance, they get recked by a tweet.
Anyhow surprised it was Cointelegraph and not bitcoin magazine, if it were for the latter probably all the ETH would have been approved and the US would have adopted BTC, for them it's all fake news and I doubt they would even understand how to blow something real out of proportion since everything they report is fake garbage.
