- News trading is a concept that involves creating trading strategies based on significant news published in the cryptocurrency ecosystem and other financial markets.
- Cryptocurrencies are often highly responsive to news because these markets are still immature, volatile, and sensitive to various external factors.
- COINOTAG PRO is ushering in a new era in the news trading ecosystem by developing a new system to minimize investor risk.
What is news trading, which holds critical importance in the cryptocurrency ecosystem and is becoming increasingly widespread? How can you participate in news trading with COINOTAG PRO?
What is News Trading? Is It a Profitable Strategy?
News trading is a concept that involves creating trading strategies based on significant news published in the cryptocurrency ecosystem and other financial markets. This strategy aims to enable market participants to trade using important news that can influence price movements on a specific asset.
Cryptocurrencies are often highly responsive to news because these markets are still immature, volatile, and sensitive to various external factors. For example, positive news related to a cryptocurrency project can increase its value, while negative news can decrease its value.
The news trading strategy typically focuses on obtaining instant reactions at the moment news is released. Investors interested in using this strategy can monitor significant developments that can affect cryptocurrency markets, such as important economic calendar events, partnership and collaboration announcements, mass Initial Coin Offering (ICO) announcements, security breaches, and regulatory news.
However, the news trading strategy is risky because the market can react quickly, leading to unexpected outcomes. The effects of news can be short-term, and predicting market prices can be challenging. Therefore, careful research and understanding of the risks are essential before using this strategy.
In this context, COINOTAG PRO is initiating a new era in the news trading ecosystem by developing a new system to minimize investor risk. With this system, investors only need to sit back and wait. Let’s take a closer look at this system.
COINOTAG PRO Revolutionizes News Trading
COINOTAG PRO is a premium service launched by CoinOtag in 2023. This service is provided for specific fees and includes special services such as fast news, futures and spot trading, education, and paid on-chain data. Now, in addition to these special services, PRO has developed a new system to allow investors to achieve larger gains at the moment of news action.
Let’s take a look at an example. The system evaluates a TEST news shared in PRO today within seconds (yes, not minutes), decides whether it will be LONG or SHORT, and opens a position instantly. You can see this more clearly in the video below:
As seen in the video, a test news about GALA tokens shared in PRO is interpreted by the system, a decision is made on whether it will be LONG or SHORT, and BOOM! A trade is executed within seconds. Welcome to the new phase of news trading!
How will investors benefit from this service?
To use this service, all you need to do is purchase the “Copy Trade” service in COINOTAG PRO. After doing this, you can sit back and relax. If you purchase the Copy Trade package in COINOTAG PRO, you will also have PRO access for three months. With PRO access, you can enjoy various premium services such as futures trading, spot trading, and education.
You can start the COINOTAG PRO Telegram bot by clicking here and purchase the Copy Trade package.
