Post
Topic
Board Trading Discussion
Re: what kind of news or information effect THE PRICE OF COINE
by
peter0425
on 18/09/2018, 18:45:18 UTC
I noticed that there is kind of information when it come up about coin  the price go up


like fork  network update  someting

am right or wrong  
  


There are a lot of news that can greatly affect the market but it can be categorized into Negative or Positive News.

Positive news - A news that can influence that price to go up. New cash flows in in anticipation of a bull run. News like when Japan entered the cryptoverse or when CBoE and CME offered bitcoin future contracts.

Negative news
- A news that severely impact the market, a price pullback. News like when China made a U-turn on crypto. Negative news can also be FUD (Jamie Dimon or Warren Buffet attacks) or just pure fake news as well.

Bottomline is never to panic especially when you read or here negative news. As much as we don't like it, people will spread it like its the end of crypto, you need to use your common sense so that you can make a good decision regarding your investment.