Can I be successful in trading without knowing about any changes in the crypto world? Do I have to follow the news?
Yep…I’d watch the news on crypto…it does no good for me, but it does make me feel better when I buy
high and sell low which seems to be my main talent. So I watch the news on crypto.
Just as you might follow the news of a business if you are speculating on a company’s stock, you should also follow the news of crypto also. Imagine there’s a big ethereum product that has been hacked, clearly that’ll have a negative effect on price. Development of new features can also have a positive price movement, as it did for Litecoin adopting SegWit in 2017.