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So far, I have only relied on news information
actually you are on the right track.
Relying on information alone will not gonna help you, you also have to learn how to apply that as part of your strategy.
of course he will or we will always gonna apply it because it does not make sense at all to collect information and datas from several sources without having any purpose on why you are doing it . it was like wasting your time for nothing but who will gonna do that anyway ? if the people are not involved in crypto , he will not care from those news and other crypto related stuffs .
failure to gain profit on the other hand is not normal , if you are applying what we said earlier . there is something wrong with you if you still cant earn a profit . maybe your gathered infos are not legit .