๐ Why does the market drop when there is good news? ๐ค
Many newcomers to crypto get confused when they see a cryptocurrency drop right after positive news. Has this happened to you?
This might be due to the famous phenomenon: "Buy the rumor, sell the news."
๐ง What does this mean?
When news is rumored (like a partnership or network update), traders buy in anticipation of the impact. But when the news is official... they sell to take profits! ๐ฐ
๐ฅ Result: the cryptocurrency drops, even though the news is good.
๐ Lesson: The price does not always reflect the present, but rather expectations.
If you understand this, you are already one step ahead of many. ๐
