Quote from: wxa7115 on Today at 07:22:51 PM

Quote from: lichig on March 11, 2021, 11:13:45 AM

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!

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.

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.