Part 10: Not Following The News
Part 10 in 10 Mistakes New Crypto Investors Make
Price movements, charting and market analysis is sometimes just not quite enough. To be a successful trader, you need to follow the news and stay up to date on all recent and upcoming developments. Since crypto is such a speculative market, it responds very strongly to both positive and negative news, and being in-the-know is important for you as a trader.
We recommend that you get used to checking news sources on a regular basis. Twitter, Reddit, AboveCrypto, and any other news sites dealing with crypto. This will help you read the market better as it responds things happening.