RE: Market Manipulation & Trading Bots

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Market Manipulation & Trading Bots

in bitcoin •  7 years ago 

Never listen to the media then :)

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7 years ago by

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      ·  7 years ago 

    haha the idea is to stay informed! :D (so no media for me!)

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      ·  7 years ago 

    good girl :)

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        ·  7 years ago 

      I agree don't go with the media, however the market manipulators use news to get in and out of their positions so it is good to check the news just to see whether it is being used to manipulate people currently or not.

      Good news after a massive bull move is most likely the market manipulators/ whales trying to get more people to buy so that they can sell off their crypto at the new high. Bad news after a massive crash/correction is probably to help them get out of their positions.

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        [-]
          ·  7 years ago 

        the thing is that 99% of the news are things that we don't really need to know, you will know about something when it is really important, the rest is trash information that takes away time and energy

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          ·  7 years ago 

        You say this as if "the media" is all the same, and is all equally untrustworthy.

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          [-]
            ·  7 years ago 

          official media :) newspaper, TV and so on.

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            ·  7 years ago (edited)

          Sure ignore TV, but newspapers and print media in general take journalism very seriously and are more reliable than TV or most of what you're likely to encounter online. WaPo, NY Times, The Guardian, Spiegel, The Economist etc. are all solid and have been doing extremely valuable work, especially in the last year. Do they make mistakes? Of course, no single source is perfect, but that's why you read more than one source.

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