Post
Topic
Board Speculation
Re: How news influence the market.
by
Secionz
on 10/11/2018, 07:40:42 UTC
Quote from: iTradeBit
Friends, how do you find out fake news?

The key is to make these two a habit when it comes to reading news

  • Use as many sources as possible
  • Marking the most decent and reputable sites

Quote from: iTradeBit
Do you think he impact of this news  hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?

Well I can't think of any reason why the fake news would be great and helpful, so if it happens to get hyped a lot and a lot of ppl believed in it, a negative effect should be expected, the question on how great this negative effect will be depends on the context (case-by-case basis).

And no, rates doesn't only fluctuates on hype.
Yep it’s true to gather information from different sources before making a conclusion. I’m not the type that rely only one source to get information about coins. When I see a news on one site that draws my attention, I would quickly check out what other sites has to say about it maybe by checking out Google or going to big and trusted cryptocurrency news sites like Coindesk etc.