Crypto sell the news

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Bear in mind that many to learn if an asset investing in cryptocurrency still apply, good move.

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'Buy the Rumour, Sell the News' Trading Strategy ??
Part of the reason is likely a �buy the rumor, sell the news� mentality, according to Antoni Trenchev, co-founder of crypto lender Nexo. I feel like "selling the news" doesn't work in this case because the new ETFs will literally bring more value to the network Access to brand. Bitcoin (BTC) is expected to correct to as low as $32, next month following the potential approval of a spot ETF, according to data.

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Seamlessly open and close trades, track your progress and set up alerts. If you hear negative rumors leading up to news and the price is dropping, it can often make sense to buy before the event occurs before the news hits. How to front-run earnings reports If a company is expected to have a very positive earnings report, some traders will buy prior to the announcement because they know others will also be buying into the hype. Risk today is substantially higher for long Bitcoin positions than it was just a few weeks ago," Capriole wrote in a blog post. Open a demo account Learn more.