Quote from: JeffBrad12 on June 13, 2018, 10:13:54 PM

Quote from: coolon on June 12, 2018, 08:51:15 PM

Quote from: bobo012 on June 12, 2018, 08:41:38 PM

Usually when general public knows about the news it is already too late.
Movements in the price occur prior to the news hitting mainstream outlets. It is good only for privileged

I agree that whales will recognize this sooner than ordinary people. But when the news becomes available to everyone, the price is growing, why not make money on it?
The main thing is not to be greedy.

But as far as i know that the majority of people are buying in rumour and sell for the news. How EOS hyping a lot due to the release of mainnet and then it looks like nothing right now. How the majority of people become so crazy to earn more money.
But in fact the whales can manipulate the market whatever they want, remember they can easily pay the author to create a FUD article.

I fully agree with your point of view. And, recently, very often there is a feeling that the news appears after the event on the market, in an attempt to justify a strong rise or fall. As an example, the latest news about the hacking of the exchange, which appeared after the sharp drop in bitcoin and the entire market.