Topic: Sources of information (Read 560 times)

You can also find a lot of useful information in crypto exchanges. For instance here is a link on Binance page: https://www.binance.com/en/support where you can read tutorials, announcements, lots of info about spot and margin trading, p2p, security, terms of use, ect.

I have always used https://cryptopanic.com for every single information gathering, that place is the best because not only they share news from many places, but they allow you to reach them from just one place, it is better than any news channel because in here you have all of them all together. Plus, they share tweets of important people in crypto world and other stuff as well, basically all around the greatest crypto news aggregator in the world.

If you use only this place, check what has been talked and check the messages and everything, there will not be any news that would not be here and you will learn about everything. However I have to warn people to not trade based on news too much because sometimes crypto community trades heavily based on a news but sometimes they ignore it, I do not know when they take it seriously and when they do not take it seriously.

Yes you are correct in your submission about signal groups. They are majorly pumping a particular project to attract investors but when coin is pumped, they dump their worth and coin crash. This is a soar taste in the mouth of investors, is unfortunate.

You can also link this up with bounty projects that don't define locking of coins when distributed and among other reasons, reason they do lock coin is for team to dump theirs first.

I think it is not always that easy to google things and get something. People assume that google is enough most of the time but the reality is that we still need to find that niche which is a great place.

I for example get my news from telegram, there are many groups I am involved with and there are tons of news that is shared that instantly when someone finds it out, I have found out about many things when that happened, which is why I think it is quite obvious that we should be focusing on those type of parts and not google search results type of things.

Who would care about some cointelegraph type of website, that could be found very easily but they share the most known and boring things ever, we need the real big deals and those are in the chat rooms and bitcointalk because the real big news gets a lot of attention from others as well, if you tell a news and only 5 people message that is boring, if 500+ people message that's huge news.

First i say don't have any blog or twitter that i want to promote. I follow some YouTube channels video they give some information about toke. Also i follow exchanger history notification WHO's new coin listed in this day. I invest my money in this coin.

I take that as well that I would source out from my closest relatives and friends.
Though it might just seem like a rumor and not an accurate info, it is still convenient one. Well of course if they have experience in trading of course.
I am quite a generalist when choosing article sites.

All the suggestions here for the OP are very useful and good and can be taken into consideration and studied well before doing what is your goal.
And I personally always look for sources of information that I think can be trusted and can share knowledge and experiences with notes, have experienced it and I do it with friends around or close friends.
because I also have some friends who are involved with crypto just like me from the highest to the lowest ranks, and besides that there is no harm in looking for the best and accurate information in other ways like all the suggestions here.

Spending time around the forum and lookfor those informative post is very helpful when seeking for any updates or
any news in regards to certain project that you are following.

Like you have said, this forum most of the time have a much earlier information coming from those members who
loves to share but only been confirmed once a credible news site posted the same info.

There is no assertive source as such because I am part of many decent telegram groups and I also google about any project which I feel would do good and read how others feel about it. Even when Musk started tweeting about dogecoins via his Twitter account, a lot of people in telegram groups and social media got hyped but I was among those few traders that never got too excited because there was no reason given for it and actually Musk never promoted dogecoin, he just tweeted about it.

Don't remember when I last read on coinbase but they should be a credible source.

Why don't you just google "crypto news" or if you are looking to know about a particular coin then just search about it. Following some fixed sources can brainwash you sometimes because I will be honest, at some times almost every information source might publish paid articles or positive articles about a particular coin.

coinmarketcap blog https://coinmarketcap.com/alexandria/categories/blog

i came accross this blog when i was searching about some projects recently i didn't realize they have a blog.  sometimes we already know the news because it is being posted here in the forum by some users and then later confirm because cointelegraph publishes the same story. bitcointalk will be a good source of information for you.

If you are looking for credible source of info then nothing is more authentic then posts on bitcointalk. But make sure the posts are of senior, hero and legendary members. Other than that there are many sources but I can't be 100% sure of them.

We don't promote any social media right here I think having Google or any search engine you have and the internet can now get information. One of the sources of information that you can get too is right here on the forum. There are a lot of members got different experiences and knowledge so you can use this as a guide to survive into trading.

Not recommended to follow those groups into different social media because there are trolls right there who want to bring down other traders.

Signals group are the worst, the only people that benefits are the admin and close friends. In rare occasions does the community benefit. You all would be buying a particular coin and pumping it then in matter of minutes it get dumps as the earlier buyers are selling massive because they know the coin/project isn't worth the hype it's getting and sooner that truth would be reviewed and all previous investor would want to reduce lost by shorting their traders.

The social media group are decent provided topics been discussed are actually how to perfect your intended skills you want to learn like investing or trading instead of just mere group used for hyping certain project or giving out buy and sell signal that doesn't have any backing but mere assumption and manipulation from the signal providers for their selfish reasons.

That's a good start. Right now, social media had been the source of any news.
If you want a legitimate TA then you may need some digging of characters in Twitter.
Most trading websites also use that platform for updates and tips.
But if you are not fond of those you could directly check websites with "coin" in their name. 

Just beware of traps in Telegram and Discord especially if its settings are in public.

Coindesk is a good source of information, but I think you will find better information on Cointelegraph, and why I think this one is better is because they are always doing this technical analysis like every day or weekly, something like that, and you can be checking them out daily or so to know what they are going to be posting, it will help keep you up to date and also help you to know when you’re going to be investing.

But don’t try to limit yourself to just these few sites, there are so many other reliable sites out there that also talks about cryptocurrency market, even some of the biggest media that you will least expect to do so, they are all supporting and writing about it. So sometimes if you don’t see the information you’re looking for, a simple search on Google can help you bring a lot of current articles from reliable sites.

I am not an expert trading and investments here in crypto economy because I only do bounties all the time. But when I trade I usually get some advice on my friends who also uses crypto and I join some crypto groups in sovial media. I am not follow some telegram signal groups which most of the time are sending fake signals in their channels.

Don't think scammers would be banned for scamming, their accounts would be red trusted instead. While I'm a big advocate for the forum, I don't think it'll be best to rely on the forum for your information when it comes to trading, we have more of speculators here than actual traders. Feelings are mostly used in the predictions on the forum than actual technicality.

Only very few uses technical analysis to make their predictions on the forum. The forum is a community, you can use to authenticate the information you get outside and do note, fhe coins been hyped on the forum is mostly as a result of their promotion and not actually they're the best in the field they're focus on.

Twitter is a good source of information what important is how profound the source the influencer the market and using everything we get our hands on can be too complex it maybe hard to make a trading decision.
I use coin compare live USDT trading to make decision base on the exchange experience dump in price before the exchange I use to trade.

To be honest there is a lot of sources of information which we can use to extract knowledge from it. Also the tutorials were made available for free in any digital media sites we have right now but i guess the only question that may arise from this was the legitimacy of the information and also its accuracy.


So far, on my first landed here in cyrptocurrency i have lucky enough having a friend of mine guiding me through the process and also advising me to download blockfolio which is i didn't only use to track the crypto price movements but also there are signals provided giving information of what are the current issues to a certain crypto. And I am also recommended it for others who wanted to be updated with the pricd movement and also get updated signals.

I was waiting for someone to actually say it, bitcointalk is still a very good source indeed for information regarding cryptocurrencies in general. You can visit the altcoin discussion section and find some good discussions in between of a lot of spam though. You can also follow some twitter handles and FB pages where like-minded traders are engaged and maybe reddit is a good option too.

The problem with the google results is that a lot of content is fake and paid. Even a lot of YouTubers are paid to promote some shit coins and you just cannot filter which ones are legit and which ones are paid.

If you can read multiple articles though from different websites then it might clear the clouds and help you understand the project better. Everyone was praising polkadot when I started reading about it, and it is doing pretty well too now.

Of course as a source of information to decide to trade and buy a coin besides reading the information from this forum, I look at
the trading chart for a coin that is already in my portfolio. A lot of news from the internet both from Twitter, such as tweets from
Elon and I also follow the  crypto  trading  Facebook  group, where  we  all  share  the latest news about crypto coins that will be
profitable in the future.

Not all the times but you can really get some valuable ideas with it which you can really apply into your own analysis which would really be that worth for you to test on.
When it comes to sources then it would really be in lots of ways for you to hear up and gain those information it is just depending on how you do filter one the
beneficial ones and the trash ones because not all would really be giving out the truth or something worthy to be followed.This is why fundamental analysis will
not really be so smooth in terms of selection on which one would be helpful.

My source of formation has been basically this forum. I get a few from the Internet and sometimes YouTube but, I do my best  not to get sucked in because, its often filled with scammers looking for opportunity where you live it open. The forum too has got this scammers but, they aren't much on the loose as, they know their accounts can get a ban should valid case be filed against them.
Get the info but, be careful hold it speak of investment.

my source of information is prices and also information in the telegram group, where I have a telegram group there are many professional traders who can provide references when to buy and sell. so I think this is one of the best effects and needs to be used in the world of traders

That is the better way because it helps you sift out the truth from the sensational lies, contrary to OP saying that some Twitter account is not a good sources of information, not all Twitter accounts is a bad source of information, in this day and age use everything that you can get your hands on, take Elon's twitter, if you try to analyze his tweets which definitely can move markets, you can gain some good information.

I wonder if some reputated news articles tend to fake out a news just because they're paid to publish certain false info.
I guess I should do that also as you mentioned which is more than one source.
From my previous replies here, I tend to go general headlines in Google on how's Bitcoin doing lately. I am not into article site-specific one.
Because some just reiterate others news anyway.

I just roam around some crypto news I find online and I just do not stick into just one source for I have this kind of personality that I am not that contented nor convince having just one resource of information so I tend to verify it into other sources possible to support what I have read and clarify things out. I do also roam around different local and international news for they might be having an impact on how things work on the market so I keep myself updated into different sorts of news just to keep myself knowledgeable on how things are going around me. I do also use this forum of course to gather information from fellow users that I find helpful as well.

Depends if you’re trading seriously but if you just want a hype, then you can follow the tweet of Elon Musk and you can decide by there on when to buy and sell.

Seriously, there’s a lot of sources that can be use in trading decision mostly I used tradingview and Binance to plot my trading analysis, i know its not the real source but if you do have a list of good coins and projects then you can follow their social media accounts and wait for their updates.

Everything is good here, you should really have to analyze first our suggestion so you wont miss anything.
Some says their source of information is social media which I think should only be your secondary sources, in trading we focus on analyzing the price reaction everyday, we plot our chart and we do take necessary actions.

Thank you very much for all the replies guys!
I consolidated all this into my notes and favs.

Wow Franky, Thank you very very much for putting that reply together, This is amazing information.
Very much appreciated, really!

Lurking around the forum and make sure to have enough time to deeply deal with your research in any particular assets that you are eyeing to invest your money is more than enough.

This forum have it all if you are really aiming to find what project are good to place your investment, it's just you to entrust your money. Investing needs full reponsibilities.

Fundamental analyst is the first factor that you have to know before you make an entry to trade. You may have often to see some cases that techically its price will go up because there is some factor like candlestick pattern and some indicators which support that the price will increase.

But, in a few time the price movement doesn't run based on your analyst even the price just move the opposite. After you make a re-check then you find the reason why behind it, there is an information that change the market sentiment.

Yeah I often find the situation, so as I always make a habitation before I make a prediction based on technical analyst I'll see the latest information first. And until now I always use these platform for my trading plan like investing.com, cointelegraph and twitter account that I followed the popular person like Elon Musk and some US ministers that I think everytime they make a statement can changing the market sentiment.

Currently, I used some information from these sources:
- coinmarketcap.
- twitter, just to check the hype.
- cointelegraph.
- coinmarketcal, to know some upcoming events.
- telegram group, only a few groups with real discussions.
- youtube, coin bureau youtube channel.

I think its better if there is no limitation if we want to learn from the old days we are using books and experience of other people but today it's not too much do instead we are using the Internet and with the search engines which gives us the information in just a second also one of the information you can still use as the experience of the people like here on our forum there is much user that can share their experience so they keep aware about the possible outcome if they are having a struggle with the same situation.

There are various sources available in the market but it depends upon you that which source best suits your choice and then act accordingly.They will only give you price prediction based on history charts, information with them that can affect the prices and other useful tools but most important is that how do you react to suggestions made by them and take action with your knowledge and skills.The best source is your knowledge,skills, experience and your plans.But if you are looking for some information sources then you can have a check on them :

- Cointelegraph
- CMC
- NewsBtc
- Blockonomi
- Cryptomaniaks( instagram page)

50 best crypto sources

Have a look at all of them and then make your choice.

Cointelegraph,coindesk, coinmarketcap, coinase, etc, etc so the list goes forever means you can't decide anything based on particular news sites. Even a piece of news that is not completely related to crypto may affect the economical market and the cryptocurrencies as well.

I used to have coindesk app to get any updates about crypto but in general lurking around bitcointalk is enough to know the news anything related to cryptos.

These totally depends on what my trading strategy for the day was, if I was to catch the news then I stay updated with news outlets and trade the news. If the strategy was to trade the rumors, I try my possible best to follow the rumors usually I use twitter for this. (Example doge cryptocurrency is been rumored to be listed on coinbase soon which is why the price is surging, I'm still trying to figure out how authentic this rumors is and following every development so far).

Do understand this isn't some cheap ads for doge, it has no fundamentals and just want to make some cash off it, don't take my reply as a financial advice, I'm not qualified to give those.

Finally, if I was to trade new exchange listing I stay updated with channels on telegram offering such service. You'll be amazed by the success you can achieve getting this information before most others speculators does.

When it comes to trading, I don't look for any resources because I'm too focus on the price trend of the specific project not unless there's a big news for sure it can affect the price trend and change the trend easily.

There's a lot of good indicators that you can use for trading, it can tell you when to buy and sell and when to hold. If you're looking for ways to learn trading, then you can find many good tutorials on youtube about trading, its worth to watch those videos. 

What he is pertaining was fundamental analysis which trading base on the fundamental updates of the project he is following. This works 100% on crypto because most of the projects announce there project in advance and traders has time to react for it except partnerships ofc. You track upcoming updates on coinmarketcal for important upcoming events in crypto.

News is very powerful in crypto because of it was already proven since the the start of cryptocurrency.

using twitter drama and SMA EMA is NOT technical analysis. its deemed as TREND analysis

true technical analysis is studying bitcoins UTXO set of coins moving in the last 2 years (active circulation)
hint(utxo age distribution)

things you can learn:
if mass amounts move suddenly this can be a shift in/out of an exchange. which can indicate the supply in exchanges shifting up and down.
.....
by tallying up the coin amount and the market price at that date of last move. you can aggregate the data to form groups of how much coin last moved between 20k-25k 25k-30k 30k-40k 40k-50k 50k-60k
that way you can put a % sentiment against coins of what people deemed their worth at the last move. to then know what they are not going to dare sell below.

EG if only
2% moved $50k-$60k then 98% moved under $50k so 98% could happily sell down to <$50k and still profit
22% moved $40k-$60k then 78% could happily sell down to $40k and still profit
82% moved $30k-$60k then only 18% would dare sell all the way down to $30k

you can then set a sentiment line of what you think the bottom line which 80% wont go below. which in my example would be $30k
...
looking at the bitcoin richlist of addresses.
the more addresses with balance over 1k. means more people putting funds into an exchanges cold store. this is another indicator of seeing how much supply is going into exchanges
less addresses over 1k coins means the exchanges are doing withdrawals. so less supply on exchanges

..
then you can look at the bitcoin mining cost. and look at the cost of mining at 4cent.
calculate the cost. and set that as a bottomline miners will refuse to sell below.
remember if the price is low near cost. some miners(hobbyminers with higher costs) stop mining and instead buy.. as its cheaper and faster to buy at these times.. so a drop in sell pressure and a rise in buy pressure forms another bottomline support.
obviously when the price is high. miners will not be buying but instead mining. and they would be happily selling for profit. meaning expect prices to go down/not be sustainable to stay up high

once you form the indicators of these base value measures of support. you can then look at the price. and if the price is only 10% above value. then thats good. it means little chance of any further dips.
if the price is 300% above value. then there is alot of non-sustainable bubble. meaning expect a bigger risk of dips/corrections

once you can find a difference between price and bottomline+sentiment value. you can then see how much speculation(trend drama) is involved in this bubble area between value/price
meaning if its low.. then any news can spike a new high.. if its already highly inflated then more news may not affect it much.

then you can start playing around with trend analysis of moving averages to gamble on the ups and downs

It seems that you are trying to implement some kind of trading the news kind of system and for the most part that is not going to work and the reason is that by the time you find out about a particular news powerful people already made their move so the market is already reflecting that particular news and it is too late for you to make profit out of it.

I understand the desire of newbies to try to make even more money than what the market can offer by simply holding your coins but once you have been here for long enough you understand that not only that is the safest path but ironically it is also the one that gives the most profits once you take into consideration all the fees and taxes that you need to pay.

One of my crypto news sources is coingecko which shows the latest crypto relevant articles, It's more like a compilation of the latest news from different websites. Aside from it, I am also using the good old CoinDesk.
If you want to get the news first, Try following the social media accounts of those projects you are interested in so that you won't get late incase you get FOMO yourself.

[1]https://www.coingecko.com/en/news

Thanks for that suggestion.

I would do that someday but not this time. As you have said, there are many of those people who are sharing their analyses and in many ways.

And for this time, that would be enough.

The forum is also a good source that you can find out. Just like your post, you've got a lot of information that helped you out to expand the information that you want to intake.

Always browse through the forum with the right section for what you look at and for trading, it's either this section or the altcoins.

In case you're still open for more. This isn't really site-specific suggestion, but when I trade Bitcoin back then. I just search it and mostly just look on how does the general headline tell about Bitcoin.
Not that I believe most of them, because some of them could be just FUDs which are quite common to destroy the rep of Bitcoin to the global market, but it's one of my ways as it includes some speculation though I don't primarily base my decision purely in those news. I still look at the pattern of the charts.

There's a lot of sources you can find on the internet and it's all free plus this forum has a speculation board to know some information about Bitcoin and most especially to the wall observer thread. You may need a lot of reading since you are just a newbie in this forum I guess.

You can simply search your queries here just use the above search bar in this forum. Most people here do tend to point you on a specific site for more information about all of the crypto currency's information. Reading charts is a good source of information.

There aren't that many good source of information for trading for starters so I guess CMC is the most reliable of them all. I don't trade but I get my news at Cointelegraph and Coindesk although just some quick skims through the article and find the most important parts and I am done.

Thank you very much guys! Awesome list of resources. Much appreciated.

There are different kind of sources of information. But when I was a starter, I spent time reading here in trading section of this forum. Aside from reading, application and practice will also help you to become a better trader. When there are vague terms, tools that hard to understand, youtube videos is also useful.

I also usually visit some sites like news.bitcoin.com and coindesk, trading view also has some bitcoin predictions from btc traders with explanations thus it also help me to review my trading entry.

In crypto market, the first place you can take a look when need information for your investigation are:
https://coinmarketcap.com/
https://www.coingecko.com/en
https://messari.io/
From those sites, you can move forward to visit websites of projects and find out more. I am not a fan of news but if you need to read news, you can check some websites in the [HUGE LIST] Useful Crypto Links !!!

I think cointelegraph is one of the best sources of information for this matter. And as one of the newbies in this field of business here in cryptocurrency, you need to make your own way to study things here. The second is crypto.com and https://www.cryptoknowmics.com/ these are the sources where for me it helps me to give information about Bitcoin and cryptocurrency.

The best source of information you need is to first understand how to read the chart though it just a prediction but it still can be used to detect market trends sometimes, you also need to understand the market season (we are in bullish now and after bullish it market blood bath) and the things that influence the market.

I agreed following institutional whales on Twitter but joining the crypto trading group on social media can be misleading because some group seized the opportunity sometimes to make their followers pump the price of their puppet coin so they can sell it for profit while their followers make lost

I do only visit out these sites.


https://cryptonews.com/
https://cryptoslate.com/
https://blockonomi.com/

since coindesk and cointelegraph had been mentioned.

trading requires knowledge which is best to research and learn yourself. use youtube effectively and learn as much as you wish. alternatively while you are learning, you should follow good traders on twitter and telegram and follow them, take their trades also. i guarantee within a short while you will be able to trade yourself independently.

all end up being the same, that the main referral will and will end up on CoinMarketCap. So you don't really need a lot of resources if you can really understand all the features on CoinMarketCap. not that many sources are not good, but we just need to understand the essence of each source and apply it directly into trading practice.

A similar service to CMC's calendar given above: CoinMarketCal should give you all the necessary details about all the coins out there (or most of them at least), and that includes: Forks, exchange listings, AMAs, airdrops, code reviews, etc. basically anything that could influence the price.

If you decide to invest, Coinmarketcap will be an indispensable service for you, which recently added a new section "The Complete ICO Calendar" - https://coinmarketcap.com/ico-calendar/ I am delighted with this service and find it very convenient to work with.

Added to my favorites. Thank you!

Cointelegraph and Coindesk are both good, price checking sites like Coinmarketcap also have a news page. You can check some other good news sites

https://crypterium.com/news/post/best-cryptocurrency-news-websites

You can try social media as there are people that will comment often, but I do not know much about that. But, depends most on your technical analyses.

You can analyze if the suggestions that are being said on a podcast will do good to you. I would advise you to be familiar with the charts. Not that really need to be good at it analyzing the whole thing but at least have a glance on how others are reading it and basing their decision from the next possible scenario that would come. It is already a good start that you're into news because, they do react to the market and I think you're very aware of it when news are good, market's up.

Hi Charles, Yes, I did read all the answers, and replied with more questions based on what I read, as you probably saw.


Can you please elaborate a little bit more on this?, as for instance: what sources of news are worthy?:

Thank you very much for your reply here and in the other threads!

This is your third question in less than 5 hours, hope you are reading the answers to your questions.

You can follow institutional whales on Twitter, if they buy, fomo will buy
You can join trading group on social media, but be careful of scammers, do not pay for signals or anything
Read news for other important information that can lead to price drop or fomo investing, having the notification on for important news

Those up are for the fundamental analysis, how about technical analysis? This is the basic means of trading. You must be technically excellent, knowing how trading indicators like RSI, SMA, EMA and Bollinger bands works are also sources of information.

Hello guys,

What are some solid sources of information you are using to take trading decisions?
I am new into Bitcoin/crypto trading and I'm pretty much basing all my decisions on what I read on CoinDesk and what I hear on the Ledger Cast podcast.

Please, do not auto-promote your new blog/twitter account 🙏🏼. I'm looking for stablished sources of information.

Thank you very much!