Post
Topic
Board Trading Discussion
Re: Trading With Bitcoin news
by
TheUltraElite
on 09/10/2024, 09:52:04 UTC
People before now do think news moving prices was mostly particular to currency and stock trading maybe but then it turned out that as Bitcoin
Prices move with news but its degree may vary and the impact a specific news has will vary. In stocks the balance happens very quickly but in the crypto spaces its much more pronounced. Hence the news of stock markets going up is rare even though it might actually go up, while bitcoin's going up is a big news.

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and other cryptocurrency are beginning to gain more adoption and recognition,
I doubt currencies other than bitcoin have been able to gain enough traction over all these years. Most of them run the news for a couple of years before dying out.

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the news about them begin to have a direct effect on the market because people are begining to react in that direction as to whatever it is they hear about these assets at almost every time.
People react in different manner but for the most part, we see people panicking. Those who dont actually have the edge in trading.

I suggest you start writing in English more often, you know but you are not being able to express your words properly. Wink