News Importance and Influence in Crypto Market

Hello and Everyone

It's important to have the latest updates with us in this market and it helps us a lot to plan things. If I talk about myself, I was one of the people who had no interest in going through the news for anything, including the stocks or the crypto market. Now this scenario has been changed completely and I spend at least 15 minutes or maybe sometimes half an hour reading some news articles and watching some videos for updates. I'm not an active investor but I still do it. I do it because I want to know what is happening worldwide in the crypto market. I also go through some financial news so that I can keep myself updated on the overall global updates.

I have adopted this change when the last bull cycle was started in 2020. It was the time for the lockdown when the market was not doing good but because of the lockdown, I had a lot of free time. This was the time when I started exploring crypto more. This was also the time when I started learning more about gaming, specifically about splinterlands. It was boring in the beginning but later on, I started enjoying it. It's been a couple of years but my habit of reading news articles every day has not changed. I am happy that I have adopted this habit so I don't know everything about Crypto but at least some big news I'm aware of and this habit helped me a lot.

I believe that the Crypto market is highly influenced by news updates which means if there is positive news around us we can see more positivity in the market sentiment. If there is more news around us that is negative then a similar impact can also be seen in the market. This way the market is highly influenced by news updates so if we want to survive in this market it is also important for us to keep an eye on such news updates.

src

News is important for sure and I follow certain websites to read the articles. If there is no specific news found then also I do the search on Google I had shown in the above snapshot to see whatever is the latest update happening in the Indian crypto market. I also search for the global crypto market and this is how I try to get the latest updates in the cryptocurrency market. Because I am from India my first preference is to know what is happening in the Indian crypto market and what the government is planning to do because it impacts the Indians. While the Indian market is important we can't ignore the global updates so I also try to keep tabs on that update.

To summarise I can say that if you are in the crypto market make sure to be part of the ongoing updates and whatever is happening in this market. Trends are important and if you can catch up with the trend then it can be a good opportunity for you. To stay updated with trends and new things in this market news is the best way and also you can plan many things even when you are planning to invest in Crypto. If not much at least try to spend 15 minutes every day to go through the latest news and updates in the market and then you will see that you have a better understanding of many things in the crypto space.

This is my participation post for Initiative: April Monthly Prompt

Follow @leo.tasks for more updates

Thank you so much
Stay Safe

Posted Using InLeo Alpha