Topic: How do you assess the importance of news about cryptocurrency? - page 2. (Read 148 times)
February 09, 2018, 08:34:03 PM
Not all the news will affect the charts even when seems strong enough to lead the traders especially when talking about trusted projects with good rates (defined by the vision of the project and the team behind it and parteners and many other facts) when in the other side, some rumors may disturb the whole market and even kill some coins; remember the last wave of Mcafee tweets and how it upset charts for many coins. The community in trade is totally leaded by psychology so every news has it's power even when it doesn't make big changes in prices or trades volumes. We used to observ this with the prices of traditional money in the stock exchange.
February 09, 2018, 08:29:02 PM
news like listing on popular exchange, partnership with another company, masternode implementation, coin burn or popular fork generally increases the value of coin. i.e. before the event, and they'll lose a bit after achieving that feat.
February 09, 2018, 08:20:19 PM
Hey, guys. Share experiences. How do you assess the importance of news about cryptocurrency, their strength? Sometimes the news seems strong, but they not affect to chart.
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