Post #591
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ℹ️Economics/Finance 101: Where "Buy the rumor. Sell the news" comes from.
A law of traditional stocks has always been that only unknown or unexpected news will have its effect on price.
Similar with #crypto. If everybody knows about it, it's too late. You want to get in BEFORE. For example, know of a coin listing on exchange before it is public. Know of a big partnership announcement coming before it's public. That's why you want to get as much information as you can and follow as many accounts as you can.
A law of traditional stocks has always been that only unknown or unexpected news will have its effect on price.
Similar with #crypto. If everybody knows about it, it's too late. You want to get in BEFORE. For example, know of a coin listing on exchange before it is public. Know of a big partnership announcement coming before it's public. That's why you want to get as much information as you can and follow as many accounts as you can.






