Trading Based on News, How to Make Money with Sharks
Trading based on news (news, events that are known to definitely happen) What will the price action be like? When news will happen in the future is known, traders and sharks will buy/sell short before that news happens about a month before the event officially begins. And the selling starts slowly about a week before the news begins to be released. For example: 1/Election event, everyone is sure that Mr. Trump will win, and Mr. Trump supports crypto, all coins related to MAGA, TRUMB, BTC increase in price. Recently BTC had a drop from 72xxx$ to 69xxx$, which means these people have started selling.
Surely this is the question that many are eagerly awaiting an answer to. With BTC rising 20% but not seeing altcoins increase by 2x or 3x at all. I have been in the market for quite a while but have never seen altcoins like this. So what should we do now? 1. For orders that are still at a very high price, wait for the market to pull back, usually in February and March (the first quarter of the new year) is when prices of projects are pushed up. At that time, be ready to accept closing orders