How much any news affect your trading decisions!

[Findingnemo]

When you let news decide your investments, you are not going to get any benefit out of anything, its not going to be good for you and you will not end up with anything good. Just realize we are going to end up with a bad situation when you are not careful and always go with technical analysis instead of news. Plus, news is only making people buy or sell and because of that the price moves, but the price in reality has a value that we will go back to whatever the news made it. So if we invest based on news, then we are going to lose, but investing based on technical analysis will make it stand long term.

Not necessarily, sometimes you can save yourself from getting rekt let's say you're holding BNB and there's some bad news coming up about Binance everyday then I would say it's better to sell BNB than taking the risk of holding it so in that case if Binance went to zero overnight then it will definitely take hit on BNB even though they are not associated technically so news still holds some influence on the price of the cryptos whether it's short or long term depends on the news.

[enoch_from_off]

When you let news decide your investments, you are not going to get any benefit out of anything, its not going to be good for you and you will not end up with anything good. Just realize we are going to end up with a bad situation when you are not careful and always go with technical analysis instead of news. Plus, news is only making people buy or sell and because of that the price moves, but the price in reality has a value that we will go back to whatever the news made it. So if we invest based on news, then we are going to lose, but investing based on technical analysis will make it stand long term.

Not necessarily, sometimes you can save yourself from getting rekt let's say you're holding BNB and there's some bad news coming up about Binance everyday then I would say it's better to sell BNB than taking the risk of holding it so in that case if Binance went to zero overnight then it will definitely take hit on BNB even though they are not associated technically so news still holds some influence on the price of the cryptos whether it's short or long term depends on the news.

Would Binance ever go to zero though..? That's would be a punch to basically all CEXes

[Findingnemo]

When you let news decide your investments, you are not going to get any benefit out of anything, its not going to be good for you and you will not end up with anything good. Just realize we are going to end up with a bad situation when you are not careful and always go with technical analysis instead of news. Plus, news is only making people buy or sell and because of that the price moves, but the price in reality has a value that we will go back to whatever the news made it. So if we invest based on news, then we are going to lose, but investing based on technical analysis will make it stand long term.

Not necessarily, sometimes you can save yourself from getting rekt let's say you're holding BNB and there's some bad news coming up about Binance everyday then I would say it's better to sell BNB than taking the risk of holding it so in that case if Binance went to zero overnight then it will definitely take hit on BNB even though they are not associated technically so news still holds some influence on the price of the cryptos whether it's short or long term depends on the news.

Would Binance ever go to zero though..? That's would be a punch to basically all CEXes

Possibly yeah. There's no guarantee that the exchange can't be hacked and in fact BInance got hacked too but they were big enough to compensate the users without letting them to bear the loss but who knows next time someone might come up with something to drain them entirely so we can't say this or that platform is going to stay forever.

And yeah if that happens that might change the dynamics of crypto exchanges too.

[ZAINmalik75]

Let's go straight to the content,

On a scale one to ten how much you prioritise news when it comes to making decisions of your trades?

I don't give much priority to the news because I don't scalp around every market movement change so I would say like 5 or 6 but everyone has different strategies so let's give your numbers also appreciate opinion about news influencing trades.

I will scale 8 when it comes to prioritizing news and fundamental ways to make decisions about my trades. News plays an important role in my opinion many others won't scale it to even 5 but I will scale it to 8 happily because currently the market is moving with news and events happening in the world.

War, USA elections, SEC and ETF news etc. play an important role so I will first get that news before making any trade but to be honest I trade not too much.

[SmartGold01]

Let's go straight to the content,

On a scale one to ten how much you prioritise news when it comes to making decisions of your trades?

I don't give much priority to the news because I don't scalp around every market movement change so I would say like 5 or 6 but everyone has different strategies so let's give your numbers also appreciate opinion about news influencing trades.

I will scale 8 when it comes to prioritizing news and fundamental ways to make decisions about my trades. News plays an important role in my opinion many others won't scale it to even 5 but I will scale it to 8 happily because currently the market is moving with news and events happening in the world.

War, USA elections, SEC and ETF news etc. play an important role so I will first get that news before making any trade but to be honest I trade not too much.

For sure news plays important role in trading especially those who are trading forex, for cryptocurrency it's every easy to judge with the past history and if you watch very well you would see that lot of people do point out history and also make reference to it whenever they are venturing into market or doing their analysis in the market. Historical data serves as a backup to them to know when or where and how the market reacts on some certain months past events.

[debra]

In crypto trading, sometimes news can have a big influence on changes in Crypto prices, therefore we must be careful too. We should not ignore the news, especially this war news can have a big impact on changes in Crypto prices. if the number 1-10 how much influence does it have on me, the value can be up to 8.

If it is a big FUD, it must always bring big impacts. But if we have only small FUD, there will be no significant influence in crypto market. Because of this, we surely still need to be careful with the FUD or news. We must analyze any possible thing to happen due to the news. If we assume there will be huge decline, it is better to set a stop loss. I also think the number to consider the news must be above 7/10, it is important thing.

[Uruhara]

Let's go straight to the content,

On a scale one to ten how much you prioritise news when it comes to making decisions of your trades?

I don't give much priority to the news because I don't scalp around every market movement change so I would say like 5 or 6 but everyone has different strategies so let's give your numbers also appreciate opinion about news influencing trades.

News greatly influences my decisions in crypto trading. Even when I decide to choose a coin, I will first look at the news related to that coin. And make it a reference as material for fundamental analysis. News is part of fundamental analysis. And actually this has a stronger influence than technical analysis. An example of panic in the market could occur due to the emergence of news. And we see this quite often, even every year. so in my opinion the score for the effect of news on my decisions in crypto trading is 8. And the remaining 2 are for technical and sentimental.

[bayu7adi]

For news that circulates publicly on the internet, usually the decision taken based on the news is a late decision... even so, we can use the information as an analysis afterwards...

As for news that starts from insiders, maybe that can be our consideration in making decisions... but access to this news is very limited so only certain people will get it.. of course news from insiders is always earlier than news published by the media.

[Goldlife]

The importance of news in making business decisions can vary from person to person, depending on their personal strategy, experience and outlook on the market.
My score will be seven. Because I consider market fundamentals and technical analysis as well as news. In particular, major economic events, central bank policy changes, and major corporate or industry news can sometimes have a significant impact. But I also agree with your point that strategies other than news are important.

[luckyledger]

For news that circulates publicly on the internet, usually the decision taken based on the news is a late decision... even so, we can use the information as an analysis afterwards...

As for news that starts from insiders, maybe that can be our consideration in making decisions... but access to this news is very limited so only certain people will get it.. of course news from insiders is always earlier than news published by the media.

I totally agree with you.
Unfortunately, only a small circle of people would be able to use the info appropriately, others would be too late to do something with it, as it's already happening and is affecting the market accordingly.
Nevertheless, we should strive to follow the flow of the smart money (which usually utilizes this insider info the most) and get results from that.

[ZAINmalik75]

For sure news plays important role in trading especially those who are trading forex, for cryptocurrency it's every easy to judge with the past history and if you watch very well you would see that lot of people do point out history and also make reference to it whenever they are venturing into market or doing their analysis in the market. Historical data serves as a backup to them to know when or where and how the market reacts on some certain months past events.

Historical data and charts allow us to predict the nature of crypto tokens but we should not trust them at all because they can be wrong we must use up to date data like what are the upcoming updates for the coin and the plans of the team what is the current situation of the token and if there is any burning or token release.

Fundamental analysis plays a more important role like news too. News and other features besides technical analysis give more idea about the market and what should be our next move to make a profit or to stop losing.

[Gposas]

On the base of listening to news in relation to trading, as of few months back, I guess I will score a 2/10, I  don't rely on news for trading because I do day trading, just studying candles and following up market trends... So I saw no reason of linking news happening around the world to my trading..
But as of now, I observe that heeding to news on making trade decision is also a plus in placing trades right because news about what is happening around the world also has significant effect on the crypto market.

[Vx1]

When you let news decide your investments, you are not going to get any benefit out of anything, its not going to be good for you and you will not end up with anything good. Just realize we are going to end up with a bad situation when you are not careful and always go with technical analysis instead of news. Plus, news is only making people buy or sell and because of that the price moves, but the price in reality has a value that we will go back to whatever the news made it. So if we invest based on news, then we are going to lose, but investing based on technical analysis will make it stand long term.

Not investing based on news, but we can make news as one of the factors of Crypto price changes if we invest in Cryptocurreny. It cannot be denied, and has often happened. When there is bad news about a crypto project, cryptocurrency, Bitcoin or anything related to crypto, it must have an impact on the price of the Crypto Coin in question. Here we can take the momentum to gain profit, from changes in Crypto prices that are influenced by news.

[Gurujebs]

Would Binance ever go to zero though..? That's would be a punch to basically all CEXes

I don't know what tomorrow holds but reputation is reputation and Binance has created one of the most trusted centralized platform, they have the liquidity, they have the backings and they have the money. So going to zero means Bitcoin will suffer the most and that means alot of people if not all will suffer it, the recovery will be difficult.

If ordinary FTX could melt the market last season and almost alt have not been theirself ever since then, I'm not sure we are going to make it if Binance should collapsed and their is going to be crypto wealth redistribution again because people will leaving and another will be coming as they are waiting for Bitcoin to crash so they can buy.

[Aanuoluwatofunmi]

Let's even dive into the most recent CSI news updates few days ago which cause a major bear in the bitcoin market dropping it to $58,900 before the resistance was maintained against the bear and we are back to $60,000 and currently at $62,000 the event of breaking news only cause for a sudden shock to rise or fall the market within a short period of time, we shouldn't take all this as part of what should determine the time for our investment to be made.