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RE: Buy on Hype. Sell on News. It's All About Controlling the Information Pipeline!

in #steem7 years ago

I am of the opinion that every investment decision should be influenced by verified facts and not some lousy market rumour from institutional traders who capitalize on the ignorance of an ordinary user of these currencies. Nice post sir @brian-rhodes, I'm unable to load the video fully due to network issues. I will watch fully later in the night. And I must confess, your posts have been really helpful sir.

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This is where stop losses become important. Rumors will drive up the price and if the rumor turns out to be false the price will often dip. So buy the rumor then as price drives up readjust your stop loss along the way. This way you do not lose out on profits :)

Thank you and yes. Whether a trader or an investor, the 'proof is in the pudding'!