How much any news affect your trading decisions!

[Faisal2202]

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 occasionally trade so that means whenever there is a dip from a bad news I try to buy and even when there is a good news and market shows bullish sentiments I try to buy as well for example recently I read the news that Cases against Elon about Doge has been removed which was a good news so I bought Doge with few dollars just to speculate and it pumped hehe.

Well, I don't really trade that much on news alone as I have to see the S&R and RSI too besides it I just follow other and watch the news if market's sentiments are bullish that's good for the portfolio.

[Gposas]

It does affect decisions when you trade a particular coins but maybe it's best to wait for the retracement before buying. News updates from developers doesn't affect much unless it's bull market.

When there is a prior analysis to what we are going to do, they must be set ,  why ? When we see news, our market perspective can change and that can give us bad Results or Affect our analysis , I learned that in a book by Jesse Livermore, in general the news is sometimes made to manipulate, if there is good news for me sometimes it means Selling , and not buying , and bad news for me means buying and not selling, because that is what whales can do to Incite people to do Things the way they look for them.

I guess to some traders, some news update is a turnaround of what you just comment...
For me, when it's good news, it simply means buy more before the effect is displayed on the market and when the green candles come in... Then I can sell at my taste.
But when the news is negative, it simply means sell off before the heavy impact on the market and wait to buy the dip when the price dumps.

A clear example is the news hype of the US President-elect, Donald Trump during election process, being a crypto supporter and even promising some development was a good news to the Crypto industry and after him winning the election, the market experienced an uptrend....

[LUCKMCFLY]

Although it is rather beneficial to operate under the current conditions described above, one cannot revive but fear that the bull market could turn to a bear at any given period. I fear that in such positive conditions we will not be aware of threats that exist always in the background with relation to an ongoing rally. Also what if Trump wins and changes things in relation to Bitcoin or the market could collapse and blind side many people.

Being traders, we understand how rapidly the prices can fluctuate and how uncertain this market may be, especially within the context of cryptocurrencies. On the one hand, we would like to extend this bullish sentiment as long as possible, however there is always the possibility of a reversal. Thinking this, it seems to me that one has to be very careful with the actions taken, to be able to remain afloat if the market turns the other way.

You are quite right, another thing is that sometimes when I am operating it has happened to me that I am fine with the trend, I am winning, but when it is 1 minute everything is fine and at the end the market goes against me and wow I lose at the last second, that happens to me only sometimes , I don't know if this has happened, then what you say comes true, something very different happens when I operate with medium or long term trading, the movement takes time to be made but in the end if everything goes well what I predicted comes true, however sometimes I consider that the operations are very cardiac and that puts the adrenaline at 1000%.

[densus88]

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 occasionally trade so that means whenever there is a dip from a bad news I try to buy and even when there is a good news and market shows bullish sentiments I try to buy as well for example recently I read the news that Cases against Elon about Doge has been removed which was a good news so I bought Doge with few dollars just to speculate and it pumped hehe.

Well, I don't really trade that much on news alone as I have to see the S&R and RSI too besides it I just follow other and watch the news if market's sentiments are bullish that's good for the portfolio.

I think we should wait if we want to buy coins now because the price is still high. Doge coin price is also going up high, I don't have a good analysis this time that makes me have to buy. because a sharp correction has not happened after bitcoin touched ATH at $93,434. The current bitcoin price is down again and I am waiting to buy when the bitcoin price drops to $83K.

[|MINER|]

Small news can't change the crypto market but big news can definitely change the crypto market like the recent incident around Donald Trump you can never avoid this news because it will change the crypto market and it is happening. So I think you should pay attention to different news while trading then at least you can save yourself from big loss sometimes.  Similarly, you can miss out on big profits.  So if you want to get something good then you must take risk and you must have the ability to accept that risk

If we talk about long term then maybe the context will be different in this case because long term holders follow different strategies. But those who do short term trading also mostly depend on crypto market news because news influences the market. Any negative news that breaks into the crypto market dumps the market as investors start selling. Again, when any positive news comes to the market, many new investors invest in the crypto market, resulting in pumping the market. In fact, trading is largely dependent on news. News and also analysis such as technical analysis are traded together.

[bayu7adi]

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

Because my concept is holding, so the decision may only be one, to strengthen the hold...
for example, if there is bad news, I will ignore the news and will continue to hold...

then there is good news, then my decision is to be more confident in holding and tend to buy more...

so, the effect of news on my decision actually cannot change my stance, meaning on a scale of one to ten, maybe only one.. when it is already in a bullish period and I have sold the assets I have, that's where I will start looking for a correction point to shop for cryptocurrency again with news.

[libert19]

When I used to do day trading, I would have a look at coinmarketcal and if some prominent coin has significant update coming up, I would completely base my trading decision on news.

[Uruhara]

I occasionally trade so that means whenever there is a dip from a bad news I try to buy and even when there is a good news and market shows bullish sentiments I try to buy as well for example recently I read the news that Cases against Elon about Doge has been removed which was a good news so I bought Doge with few dollars just to speculate and it pumped hehe.

Well, I don't really trade that much on news alone as I have to see the S&R and RSI too besides it I just follow other and watch the news if market's sentiments are bullish that's good for the portfolio.

In other words, you actually make trading decisions based on fundamental news and reinforced with technical analysis and you also look at market sentiment possibilities. I think you are a reliable trader, friend. Because it seems like you understand when to move and take a good position. I personally rely more on fundamental analysis. because the impact is always large and can even go against the market direction which makes technical analysis unsuccessful.

[MRY]

In other words, you actually make trading decisions based on fundamental news and reinforced with technical analysis and you also look at market sentiment possibilities. I think you are a reliable trader, friend. Because it seems like you understand when to move and take a good position. I personally rely more on fundamental analysis. because the impact is always large and can even go against the market direction which makes technical analysis unsuccessful.

It will therefore be correct to conclude that blending of fundamental and technical analysis is indeed a perfect approach to getting more chops for making better trades. Fundamental analysis gives the picture of the bigger picture which will make a large movement in the market while technical gives you when to go and when to leave. If both of these are applied well, the possibility of getting a good trading point may increase because we also need to consider market sentiment which contains clues on the actions of other traders.

But if one uses basic charting patterns as their primary feature, its big advantage is that it is important for understanding how significant events influence long-term trends. But in moments when there is an event, the result of which can fundamentally change the situation, technical analysis can go into the background, but still, it is important to use it as auxiliary data. Hence, when using both types of analysis we keep our approach more flexible and are more confident when it comes to changing markets.

[Aanuoluwatofunmi]

News can truly affect our trading, but we should also learn not to go by the direction of what the media may be saying concerning the news, because they are mostly on a short time implication and effect, once they cause a shock to stir the market, then it also balance back to normal and those that might have taken decision hastily would have loss during that same time of the breaking news.

[LUCKMCFLY]

If Trump takes a positive view on Bitcoin or crypto, America will take a positive view on it. Trump is especially well-suited to bring down a Bitcoin averse like Gary Gensler. And if Gary Gensler is suspended, there will be more good news in the crypto world. That's why Trump's victory is a bigger positive message than any other news. The Bitcoin ETF approval did not see any major changes in the market, but after Trump's victory, it has changed dramatically in a short period of time.

Well it was really a blessing that Trump won, he has caused many good things in the world, in this regard I think he should take the corresponding actions, I like that he is the kryptonite for people who have taken advantage of these things to make money and to Squash those who need it most, I still don't know how there were supporters of Kamala despite the way of thinking that was so wrong, however now things are very good for BTC, new ATHs are already being seen and it must be said, it is thanks to Trump, so perhaps we will see a new long-awaited ATH this year , which is $100k , and be careful for 2025 because it can start at $250-300k without exaggerating.

[Mr. Magkaisa]

        -      In conducting analysis in terms of crypto trading activity, that news is the basis when it comes to the application of the trading setup that we are doing. And even if the impact of the news that can affect the crypto or bitcoin market is negative, we should not panic; instead, we should still remain calm or relaxed to think properly.

In the news, they only deliver two things to people, and this is only good and bad, nothing else, right? But the news is not the basis to say that something bad will happen in the bitcoin market or cryptocurrency business industry.

[Faisal2202]

In other words, you actually make trading decisions based on fundamental news and reinforced with technical analysis and you also look at market sentiment possibilities. I think you are a reliable trader, friend. Because it seems like you understand when to move and take a good position. I personally rely more on fundamental analysis. because the impact is always large and can even go against the market direction which makes technical analysis unsuccessful.

Thanks for the kind words, but the confidence I think you shown in me sometimes I doubt that, I am really not that much of a trader and when I am saying that you have to beleif hehhe I know I should not be talking about myself like this but I don't want anyone to follow my advices as financial ones.

I also rely on fundamental mostly not technical as I don't have high technical analysis knowledge like know few indicators to draw some resistances, and support and know how to see if it's overbought or not along with few other things.

[LUCKMCFLY]

A clear example is the news hype of the US President-elect, Donald Trump during election process, being a crypto supporter and even promising some development was a good news to the Crypto industry and after him winning the election, the market experienced an uptrend....

Without a doubt that is a fact of what can happen, that was an announced Fundamental and that was obviously going to give good results in the market and it did, so when Trump is going to take power there will surely be a long green candle, so it is good to accumulate all the btc that you can, so in this area we must be intelligent and know how to appreciate this news, but I have sometimes read in some books that good news = selling, why? because it may be that they are urging to buy and the whales will be selling, while sometimes it works that they give bad news about BTC and it is the same as buying because the whales want to get more cheap btc, since they will sell many due to panic.

[Fivestar4everMVP]

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.

If you are not a day trader who is constantly buying and selling crypto at all time, then you really don't need to prioritize the news since you are more an investor who buys and hold a crypto for a long term or semi long term before reselling..

But for the day reader, news is one of the major factors to prioritize, and this is because news Is a major market driver, so a trader who does not prioritize news will always fail to capitalize on alot of opportunities.

How ever, if I was to give a rating from 1 to 10 on how  I priorize news in the world of trading, I would give "4" since I am not a day trader, but if I was a day trader, I would give "8" or "8.5".