Why do crypto traders “buy the rumor, sell the news”?
Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what may be coming.
But, with rumors, there are no guarantees. This can lead to disappointment and serious loss of investment for those traders who gamble that they’re true and end up wrong.
So, how can you possibly compete with thousands of other market participants when important news actually breaks? You’d have to be one of the very first to know in order to catch the price before it spikes.
Look at the examples below — the time between a closely-guarded announcement and a massive price spike of 144% can be just a few minutes.
NewsQuakes™ on the Cointelegraph Markets Pro data intelligence platform allows you to completely outsource monitoring the crypto news space to artificial intelligence. The machine learning algorithm automatically combs through thousands of relevant sources and instantly alerts members via mobile notifications when potential market-moving events are detected.