The crypto markets are not listening to the outside world news

[SuperCrypto 7193]

The most important thing to do when trading according to the news is to deliberate and deliberate for a period of time, and know the way the market deals with the news that was issued, so that all the important news is absorbed and then you can make a decision on your trading deals.

[SuperCrypto 7193]

All this news and data do is accelerate price action only. And with the repetition of the market position in the wake of the release of important economic data, you will know that in most cases trading news is against the primary movement of the market.

[teminalibug 309]

1 hour ago, Mishadima said:

The voice the marketplace of cryptocurrency listen to is the voice of supply and demand of coins in the marketplace 

Actually the do, otherwise how do you explain the prices falling so low BTC to 6k, if not the corona virus news??

[SuperCrypto 7193]

Many traders prefer to trade by relying on news. Where they usually check the economic agenda in order to know the dates of the announcement of the main economic data such as the salary report and the willingness to do foreign currency trading in the associated Forex market either before the announcement or soon after the announcement.

[Jessica Karren 1242]

Cryptocurrencies technology is hugely affected by outside world news as we all can see the recent decline in crypto market just because of Corona virus.

[SuperCrypto 7193]

The negative aspect of the news is that you may experience a period of high volatility during the minutes that precede the announcement, which would either make the price reach your loss stopping point, or make sure that you would need a broad losses stopping point in order to make sure From your continued trading, which reduces the possibility of a rate of return for risk.

[SuperCrypto 7193]

Trading at economic news time has important rules and many methods that traders use, such as pending orders before and after the news, or entering directly into deals after the news result appears, and there are many traders who allocate single trading accounts for trading on economic news only.

[SuperCrypto 7193]

It is very important for novice traders to follow the economic indicators, news and various events that affect the financial markets, in order to be able to distinguish what data it should look for, what this data means and how it starts the trading process.

[SuperCrypto 7193]

There is a lot of news and data Trade the daily market news that relates to the economies of powerful countries that would move the market as a whole or a specific currency pair or group of interconnected currency pairs.

[SuperCrypto 7193]

Most novice traders think that applying the news to trading will definitely be useful. But this is a mistake. The first thing that is said about the news is that it fully reflects the changes taking place in the market. But as a rule, all of these assertions are not fixed and the currency reaction to this news is different than expected.

[Babubu609 0]

On 1/19/2020 at 1:38 AM, KindCoin said:

You do not get this right.  Not we in the world that buy and sell cryptocurrencies. So events can affect what we buy and sell right. So, Crypto market listen to world news. 

Yes especially the Carina virus taking place in most countries like china this kind of event or situation affect the Bitcoin price as well

[MrGeany 297]

no i don't agree with you, cause once the corona virus hit worlds economy, it decreased cryptos price too because cryptos are the part of the worlds economy and i think that it is affected by lots of news and industries, events.

[SuperCrypto 7193]

The negative aspect of trading on the basis of news is that you may experience a period of high volatility during the minutes that may precede the expected news, and the direction is not determined until after the news is issued.

[Upright 2688]

But the markets are also affected from what the outside world would do which might be of a negative aspect on the prices of bitcoins. But as what will do, we've to make a friendly environment outside Crypto as, it also depends on how they do that markets prices are also affected, as a high electricity cost might hinder many miners

[iloveyobit 6599]

In the past, it was the news that completely controlled the crypto market, as the market was moving up or down affected by the news, but now the traders mentality has completely changed.

[Babubu609 0]

On 1/20/2020 at 10:57 AM, CryptoMaxim said:

Usually, markets do not immediately respond to news only if the news is fleeting. If not, then the reaction is the same.

Of course you are right the market is not always fast to respond in time of making news

[khan22 3478]

On 1/24/2020 at 5:21 AM, suzuya said:

I'm not really sure about this but I think the value of cryptocurrency is not affected by any events or news whether it's good or bad. Cryptocurrency's price is dependent and they move because of the people's activity in the market, the value changes because of it's own current supply and demand.

Crypto market is so much effect by the news like the forex market and also the other stock markets and now this time you can see that the market is so much effected and all the crypto coins will come down and they almost down so much.

[rianpedia 816]

36 minutes ago, Junior01 said:

The cryptocurrency is effected by global events and circumstances,  as far we know it now, as the plague (Cronavirus) decreased the value of the currency. 

In my opinion this is not very influential, which influences it because maybe many crypto users are affected by the corona virus and the market volume is down.

[magd 5231]

Cryptocurrencies belong to companies and individuals, and they are not currencies affected by the central market. They adopt a decentralized payment system and codes, and for this reason they are not affected by the promotion and the rhetoric that spreads about them.

[SuperCrypto 7193]

You cannot neglect the impact that news has on the markets, especially cryptocurrency trading markets, because the fundamental analysis originally depends on economic and political news. Before you think about trading in crypto markets, you need to know what news drives the market.

[Honny143 13612]

2 hours ago, rianpedia said:

In my opinion this is not very influential, which influences it because maybe many crypto users are affected by the corona virus and the market volume is down.

Yes corona virus not negitve are positive news its desseces to spread all world, and so many crypto investors infected by this virus so they stop activities in cryoto  market, that's why crypto market crushed because world wide so many big companies and market government stop because this virus not spread highly, that's the reason bitcoin prices drops.

[nickoman987 1040]

They are listening, definitely listening. A great example is the fall of the market in early March. Because the world started to panic due to the coronavirus, the cryptocurrency market caught the panic and began to plummet. Therefore, the fact that the cryptocurrency market is not dependent is fiction, it is dependent.

[MrGox 880]

l think crypto world doesn't need to our world. There is right now a problem, which affects really economy of the world. But in my view here is safer than out. 

[Brand1 1336]

There are many news sites now and there are sites that give positive news and sites that give negative news and this matter depends on the price of encryption and on the people who work with it.

[Yunusalemu 0]

There is possibly no way that wich yhe crypto currency trader would not listen to the world activities, off curse they have to because it has to impact why you are trading and what currency to trade, I this is also why price values are down.