๐Ÿ“บ Crypto Trading 101 ๐Ÿ“บ Rule 2 - Diversify Your Crypto News Sources

in #altcoin โ€ข 7 years ago (edited)

Disclaimer:

This is my degen opinion & I'm writing it mainly as a guide to stop myself from getting Rekt again and to hopefully build some wealth. I'm hoping that you may find a few breadcrumbs in this article, but for God's sake please don't treat this as investment advice, remortgage your house then blame me when it goes tits up....i do not know what I'm doing....I'm a bitcoin zombie.

Rule 2 Explained ~ Follow Some ย ๐Ÿ’Ž Crypto OGโ€™s ย ๐Ÿ’Ž

I think it's fair to say that a lot of people are fed up with mainstream media lies, propaganda, naughty bias & shenanigans that they conduct on a daily basis. (Think BBC news or CNN news).ย 

Well the crypto world is no different, some "official crypto news sources" cough coughโ€ฆ bitcoin DOT com โ€ฆ are just as biased and naughty as the old guard.ย 

So for the love of God do not rely on one news source, especially if that source is financially biased in the favour of another coin.... cough coughโ€ฆ bitcoin DOT com... & B Trash (BCH).

So if you are thinking about trading then you have got to take in a diverse set of information sources! Donโ€™t just rely on the crypto equivalent of the BBC!

  • Instead of that follow a wide range of news sources, including original crypto posters on twitter.ย 
  • Start with my favourite twitter OG's* and see how you get on. Each one of these independent thinkers publicly called the Bitcoin bottom at around 6-7k in February 2018.ย 

The probability is high that some peeps know more than you do about crypto currencies, simply because it is an emerging trend and some lucky people happened to get on the train before everyone else's stop. So don't seek prophets, but do try and listen to people with more experience.

  • I think my fab 6 have more combined knowledge than all of the mainstream bitcoin news sources put together.ย 
  • Follow them and if you don't learn anything at least they will have made you laugh (a lot).

Wealth Warning ~ Some ย ๐Ÿณ ย Whale Crypto OG's Are Really Awesome, but some are Sharks ย ๐Ÿณ

The good news is that the good ones charge absolutely nothing & if you can read in between the lines they will do you proud.... no need to part with your precious coins for paid groups, get the information for free.

Iโ€™m hoping these twitter guys stay active, fingers crossed.

Bitmex is where all the price action is at, to get 10% off bitmex fees go here > http://top3cryptoexchange.com

My related content:

Don't Get Rekt Like Me! Apply These 5 Golden Rules When Trading Crypto

https://steemit.com/trading/@cryptothoughts/don-t-get-rekt-like-me-apply-these-5-golden-rules-when-trading-crypto

Crypto Trading 101 โ€“ Rule 1 - Correlation & Altcoin Seasonality

https://steemit.com/btc/@cryptothoughts/crypto-trading-101-correlation-and-altcoin-seasonality

Article sources:

Original article sourceย http://top3cryptoexchange.com

Page break imageย http://steemit.comย 

Zombie imageย https://xxxmizumixmikoxxx.deviantart.com/

The British Bullshit Corporation TV image http://namedblamedandshamed.blogspot.co.uk/2014/03/the-british-bullshit-corporation.html

Roger Ver image https://twitter.com

Crypto OGโ€™s to follow:

https://twitter.com/AngeloBTC

https://twitter.com/CryptoCobain

https://twitter.com/djthistle01

https://twitter.com/kingbtc

https://twitter.com/loomdart

https://twitter.com/RNR_0

Sort: ย 

hahahahhaha ... cyber delinquency is difficult to soften, but if often given guidance and direction then slowly land misbehaved will be lost .. good luck

Wise words,dont believe the bullshit!(why is nobody reading this?)๐Ÿค”๐Ÿค”๐Ÿค”

Cheers mate, it's very hard to get views on Steemit if your post is not in the trending, hot or new category for your particular tag. If you look at https://steemit.com/trending/altcoin the top 3 posts are above $150 value with many votes, so to compete and get on the top of the page like those (and get some eyeballs on your content) then you are going to need a hefty marketing budget or a large crowd of followers. A lot of the top posts are $500 value which means you would have to pay about 2k usd to the bid bots to compete (or get 1000's of followers). ๐Ÿ˜ณ

thanks for the resteem

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Thanks loads, really appreciated.

@cryptothoughts Happy to include you :)

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