That is not very late IMO. The profit you earn from follow the news is quite high. You also need to have high connection with fast notification pop-up, too.

If there is no way to follow news or backdoor information, why should we have to waste our time on them? Trading with FOMO never give good result. Because of being FOMO, you can also be affected with FUD. Learn to trade, read news, analyze whitepaper, etc are things you can do to make a decision whether a coin is worth to invest or not. Believe me or not, experience and wisdom are indicators for you to journey around the cryptocurrency world while collection money.