Careful With Your News

[a2alikhasan 13]

To be a successful trader in crypto we must be careful about crypto news. Otherwise we will fall in lose soon. 

[George10 9932]

Thanks for sharing this helpful infor its really true we should choose which news to follow and always do our own research.

[Opinder 1310]

On 10/16/2019 at 5:19 PM, williamz902 said:

I saw that China put a ban on Tether (USDT). Many people expected that the coin would loose value very quickly since China is one of the biggest players in Crypto and a ban on trading would spell disaster for that coin. However, according to this Bloomberg article (https://www.bloomberg.com/news/articles/2019-10-15/china-trading-ban-is-fueling-rise-of-controversial-crypto-coin), it seems that the ban on trading Tether has only fueled the desire of Chinese people to trade that coin. As a result, it has gained 17% over the last three months.

Looking at another coin, traders in Stellar Lumens (XLM), are afraid that the Keybase airdrop over the next few months will drive the price of Stellar into the ground. However, if you do your calculations, you will find that the airdrop will have very little effect on the overall price. At worst, it may drop to 700 Satoshis, from it's current level of 770. These calculations are based on the Market Capitalization and the amount of coins in circulation currently.

So the point is that you need to be careful about the news that you read and do your own research. Sometimes, we think something may affect the price, but it may actually be beneficial.

We should not take any action after reading one news only. Also we should study more facts related to that news. For example if China ban tether then study about already demand of tether in China and in other countries. Also in which countries demand is rising. So find all knowledge about the coin.

[khan188 536]

Yes, Most of the time the new are fake as many companies and firms don't want BTC to take over. So, They are trying to inject money to put the impact on the BTC price. 

[MrGeany 297]

yes you are right and there was worning about btc and crypto priice to go down for corona virus but i just did not trusted it cause i thought it was small virus but yesterday WHO said that it is pandemia. so i think we have to be careful with news.

[Rares002 262]

Every news is actually just an instrument that helps to manipulate people. And even if the news is bad it still helps to get more attention to the subject. Probably this reaction wa actually expected from the news creators 

[Hanan951 841]

That is easy we can use pax or usd for saving our money we all thanks those projects that make alot of methods to save our money in.

[BTC Future 3946]

China has banned all exchanges and trading since 2017. They wouldn't ever allow Tether traded or being legal there, unless they first allow Bitcoin. China is basically trying to release and test their own version of a cryptocurrency so they wouldn't want competition from a private stable coin that has little legitimacy worldwide.

[Babubu609 0]

On 10/16/2019 at 1:50 PM, Jajak said:

it's better if you don't follow the coin from the beginning, it's better not to buy the coin, because it can be fatal if you don't follow it

Yes is better not to follow it since you don't know the starting is good if you can give it more time and observed the price movement

[Hanan951 841]

I can't see that will be a true news as what i see ut is fake i rethink of that why would they do that the market will fly away with this move.

[Jessica Karren 1242]

Agreed. We all should never rely on all the news. There is no authenticity of most of the news. Always research by your own then make any decisions.

[Zezo 306]

I agree with you that following the news is very important, but what happens now proves the opposite and is not predictable, neither technical analysis nor news

[tienda 8776]

There are many news and information about cryptocurrency the majority or maybe 99% are not real fake and false, some times there the manipulator who use the fakes news to manipulate the emotion of people to buy or to sell their coins.

[iloveyobit 6599]

Really you are right, there is a lot of false news in order to try to move the market or scare people, even if the news is real ,you should avoid feeling afraid or selling, thank you.
 

[Brand1 1336]

This is true. We have to be as careful as possible to believe all the news that is put on the Internet. There are many fraudulent and dishonest news because it leads us to loss and loss.

[rianpedia 816]

2 hours ago, Sweety93 said:

The crypto world is very complicated, of course I will not believe what I have read. Not all blogs or news sites are honest about crypto, in fact it is hard to pretend that you know about Bitcoin.

No one can hide bitcoin, because bitcoin without being preached is also well known and known by many people. bitcoin is stronger and more than that.

[kizz 3370]

Yes I agree with you, we should be always careful on news about crypto because most of the time there are a huge fake news that are spreading which is not good.

[Whited35 15285]

We know sometimes false news is responsible for the price raise and fall for the cryptocurrency in the market.I have seen a case due to the media hype during the spread of COVID-19 virus in this world, cryptocurrency become next victim and we are seeing the fall of prices for most of the currencies. 
 

[Dark_Sky 8489]

On 11/30/2019 at 6:20 PM, ASDFGHJKL17 said:

Of course we should more be careful spreading news because you're not yet sure if that was real or just a fake news, however we must think before we spread the news. 

That's right and much better to analyze or read if the news is actually a legit or not. 

Before spreading the news make sure you have any proofs or evidence that what you going to say is real. 

[Treat1234 0]

China are always on the Frontline to get attention from people, why banning tether? It is just a stable coins that they need for their own benefit, so why banning it

[jamesvince 2389]

This is not bad news regarding crypto market because usdt is stabe coin if china banned on this coin so no matter many others countries posed on restriction on usdt. Usdt has great capitalization in the stable coins.so enjoy crypto market trading. 

[Amir Vao 341]

On 10/16/2019 at 5:49 PM, williamz902 said:

I saw that China put a ban on Tether (USDT). Many people expected that the coin would loose value very quickly since China is one of the biggest players in Crypto and a ban on trading would spell disaster for that coin. However, according to this Bloomberg article (https://www.bloomberg.com/news/articles/2019-10-15/china-trading-ban-is-fueling-rise-of-controversial-crypto-coin), it seems that the ban on trading Tether has only fueled the desire of Chinese people to trade that coin. As a result, it has gained 17% over the last three months.

Looking at another coin, traders in Stellar Lumens (XLM), are afraid that the Keybase airdrop over the next few months will drive the price of Stellar into the ground. However, if you do your calculations, you will find that the airdrop will have very little effect on the overall price. At worst, it may drop to 700 Satoshis, from it's current level of 770. These calculations are based on the Market Capitalization and the amount of coins in circulation currently.

So the point is that you need to be careful about the news that you read and do your own research. Sometimes, we think something may affect the price, but it may actually be beneficial.

In China crypto was illegal. But now they are researching about it to legal it. I think this is one kind of fake news to panic people. Always ignore this kind of news.

[CryptoMaxim 2372]

I don't think we should worry about the ban. The stablecoin USDT has a large market and the ban will not affect the coin much.

[CryptoLover21 0]

China is always forward, there's something we people need to get the fact that, ban of the USDT in china is actually, making a forward move on a cryptomaket, with a new coins to evolve and making the downfall of the existing coins, creating a havoc with it's users and a crisis that led to a new protocol to lean on. Maybe China's next target is to take BTC down and make Libra on the top of that, who knows!  On the top notch there's still Godfather from China, to make a twist over blockchains.

[Upright 2688]

China, being one of the power House of the indicating and use of Crypto, as basically they have the work house on making a Crypto coin being actively used as basically there's more people who uses bitcoin or. Crypto,than most countries