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5 times quickfire crypto traders bought the news for double (or triple) digit profits

Vladislav Sopov by Vladislav Sopov
December 11, 2021
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Why do crypto traders ‘buy the rumor, sell the news’?

Simple. Because rumors of big name exchange announcements or partnerships reach very few people … while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While the insiders quietly amass tokens on the rumors, the rest of us are completely unaware of what can happen.

But with the rumors, there is no guarantee. Which can lead to disappointment and serious investment losses for traders who bet they are real … and end up getting it wrong.

So how can you compete with thousands of other market players when big news really breaks out? You need to be one of the very first to know in order to catch the price before it skyrockets.

Take a look at the examples below: The time between a well-guarded ad and a massive 144% price spike may be just a few minutes!

NewsQuakes ™ on the Cointelegraph Markets Pro data intelligence platform allows you to completely outsource the monitoring of the crypto news space to AI. The machine learning algorithm automatically scans thousands of relevant sources and instantly alerts members via mobile notifications when potential market development events are detected.

NewsQuake ™ ads are pulled from primary sources such as exchange websites, Medium posts, or project Twitter accounts, meaning marketers don’t have to wait for the media or their favorite influencers to transform the news. raw in one story.

Extensive research has identified three types of news: announcements of exchanges, staking and partnerships – who are most likely to trigger strong gatherings.

Here are 5 stories that alerted traders to huge profit opportunities in 2021… and some dramatic illustrations of how NewsQuakes ™ has alerted members of Markets Pro.

WAX (WAXP): + 144% in 2 hours

WAXP price after Cointelegraph Markets Pro NewsQuake ™

Exchange listings reliably raise the prices of crypto, especially when it is a small or mid-cap coin listed on a large exchange.

On August 23, before the WAXP listing was announced on Binance, the token was trading at 18 cents. Two hours after the announcement, the price of WAX skyrocketed to 44 cents. In this situation, getting the news quickly was key.

As the graph shows, the NewsQuake ™ alert (red circle) came just before the price of WAX exploded.

Decentraland (MANA): 111% in 96 hours

MANA price after Cointelegraph Markets Pro NewsQuake ™

It’s now hard to believe that in March 2021, long before Facebook’s rebranding to Meta and the associated hype around the group of assets now widely known as Metaverse tokens, MANA was trading at just 0, $ 55.

On March 12, OKEx’s announcement allowing margin trading for the asset thrilled crypto investors and sparked a long rally that saw MANA drop from $ 0.55 to $ 1.16 over the four next days. The sooner traders bought NewsQuake ™, the more profit they could have made for themselves…

Polygon (MATIC): + 90% in 50 hours

MATIC price next Cointelegraph Markets Pro NewsQuake ™

On February 23, amid a cooling that followed the first leg of the week’s big rally, the announcement of MATIC’s debut on Binance Staking gave the asset a powerful second wind. (The red circle indicates the Markets Pro NewsQuake ™.)

The resulting rise propelled the $ 0.11 coin to its all-time high at over $ 0.21, an increase of 90%. Today, that may seem minor in light of the token’s annual ROI of over 11,000%, but on that day traders were sure to be happy that MATIC’s price had “only” nearly doubled.

VeChain (VET): + 46% in 52 hours

VET Award after Cointelegraph Markets Pro NewsQuake ™

VeChain’s announcement of its collaboration with accounting firm PricewaterhouseCoopers, which took place on April 12, is a prime example of hard-hitting news in the partnership.

It wasn’t a huge surprise that news of the business-oriented blockchain project gaining access to the customer base of one of the big four companies caused the token price to increase by 46% over the four of two days.

In this case, Markets Pro’s NewsQuake ™ arrived long before the big rally.

Amp (AMP): + 42% in one hour

AMP price after Cointelegraph Markets Pro NewsQuake ™

On November 23, a post on Binance’s Twitter account announced that the AMP digital collateral token was to be listed on the exchange. Markets Pro users received their NewsQuake ™ Alerts almost instantly within seconds.

It was a very clean break: apparently no one made the headlines, and the price of the token shot up immediately after the public announcement, going almost vertically from $ 0.050 to $ 0.071 in just an hour, or a 42% gain.

Timing was key here, and members of Cointelegraph Markets Pro who learned the news early thanks to the NewsQuake ™ alert found themselves ahead of the pack.

Cointelegraph is a publisher of financial information, not an investment advisor. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk, including the risk of permanent and total loss. Past performance does not represent future results. Figures and graphics are correct at time of writing or as otherwise specified. Strategies tested live are not recommendations. Consult your financial advisor before making any financial decisions.

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