Paying attention to your environment and topics is not a bad idea as it keeps one on the know concerning it's environment.
However following the crypto market news and tweets is a big tool to traders and investors as you a trader tends to know what affect the market trend to some certain extend.
Most of the traders are actually loosing money imo.
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Yes, I did too. I loosed a lot in the market but I paused a bit to watch how things play out.
I think traders have to apply wisdom now and watch well as the market is not too favorable.