I understand some information is going to have an impact about adoption or potential future use. But seriously, are people and companies really changing their crypto outlook day to day on the basis of news? Like for example
10.02am - News China bans mining -10.03am That's it! Bitcoin is over sell your holdings!
4pm - Some *good news* 4.02pm Its back on! Buy back what we sold!
7am - Elon tweet 7.01am - Nope wrong! Sell! Its over!
How can anyone sensibly change their long term Cyrpto outlook multiple times per day.
Or is it all just day trading?
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