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Topic: Does technical and fundamental analysis help? My example. (Read 435 times)

sr. member
Activity: 1050
Merit: 250
Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.
it is necessary to do before we put our money into projects. alot indicators that used to determine or analizing some project worthed or not. and technical fundamental analisys should be our strategy to know this. market structure or price structure could tell us, which direction they will going to. by following this structure i am believe we could earn money with lower risk.
hero member
Activity: 2702
Merit: 704
From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.

It is true that crypto movements are very volatile, making it very difficult to predict. So there is no guarantee that using technical and fundamental
analysis can predict market price movements accurately. But that does not mean doing technical and fundamental analysis is a futile thing to do.
Although there is no guarantee of accuracy, it can help convince us to make a decision. This means that technical and fundamental analysis can reduce
the risk that we will face when investing in crypto.
The greatest advantage that technical analysis gives you is not great accuracy but the ability to enter and exit a trade at the same exact conditions every single time, this is something impossible to do just with your own judgment but with technical analysis this is possible and this means that you can get consistent results.

This means that if you have a winning strategy even if you lose several trades in a row you know that sooner or later you will earn money in the markets. You just need to be patient and eventually the results will turn positive once again.
hero member
Activity: 2856
Merit: 769
Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

We really been affected with the market volatility several times, and because of that our analysis won't work as expected. This only be applied on certain traders who used day trading method but the risk is probably there to take our profit quickly. Holders should be careful on this situation, let's base out analysis on actual market movements and don't listen to those people who just give their predictions referred to chart all alone.
As a trader then you should have Plan B's Plan C's and so on because when our Plan A had failed or didnt work then we could always have a back up plan on how to handle things up an of course we do really need sufficient analysis with that which might neither be composed with Technical or Fundamental or even bought.Doesnt matter which one you would make use as long it would really be relevant towards your trading.

This two had been commonly used when it comes to trading or making out decisions because if you do just make out positions without any basis then its just purely gambling since you are doing things without any analysis.

Do those things actually help? Yes, it does and its just normal that you would really be using those tools for you to sustain this market and at least have the idea on what are the things you should gonna do.
sr. member
Activity: 714
Merit: 250
Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

We really been affected with the market volatility several times, and because of that our analysis won't work as expected. This only be applied on certain traders who used day trading method but the risk is probably there to take our profit quickly. Holders should be careful on this situation, let's base out analysis on actual market movements and don't listen to those people who just give their predictions referred to chart all alone.
full member
Activity: 899
Merit: 101
Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.
long term investors should not careless with their buying level that describe in technical analisys. Fundamental or technical was good combination tools to analize market ,we become to know why selling our buying coin and in which price we should do this. accuracy rate depend on our skill analizing , did we have proper to knowledge indentify trend or maybe we can't do this.

Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.
structure market was be first thing to analize when we use technical analisys , big picture of market trend are important so we could know how market will moved.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.
member
Activity: 1204
Merit: 11
Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.
sr. member
Activity: 1876
Merit: 318
From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.

It is true that crypto movements are very volatile, making it very difficult to predict. So there is no guarantee that using technical and fundamental
analysis can predict market price movements accurately. But that does not mean doing technical and fundamental analysis is a futile thing to do.
Although there is no guarantee of accuracy, it can help convince us to make a decision. This means that technical and fundamental analysis can reduce
the risk that we will face when investing in crypto.
member
Activity: 633
Merit: 10
The answer to your question lies in your question. Only fundamental technologies allow projects to take off in the long term. This is not a one-day project, it contains the idea of a multibillion-dollar capitalization in the near future. A new blockchain and a developed ecosystem with its close-knit team of professionals and an excellent community will bring benefits to its investors.
That's right bro, this is about how the team will develop the project ecosystem in a more useful direction, so actually this is not too difficult to think about as long as the project team is still able to make an easier path for them to go through in every condition, because recruiting investors is very difficult thing right now.
ecosystem will be main thing that could attract demand from crypto investors, impossible for any project could survive and even grwoth for long time but they have no utility and ecosystem. Investors now days become smarter than before , they will join if they see the potency from project. They are educated by dogecoin case which is alot of them trapped in hype and fomo.
hero member
Activity: 2702
Merit: 704
A breaking news still falls within the field of fundamental analysis, which is why you need to be ready to take action at the first sign that a big news is developing, however as time has passed bitcoin is becoming less susceptible to the news, even if it can still present some positive or negative movements they are not as bad as what we could see a few years ago.

So it is important to be careful if you are trading the news as it could backfire and make you lose money that you were not expecting to lose.
That has been what I have been trying to convince people for a long time now but for some reason TA people feel all too powerful and cocky about the fact that "they can read charts", dude I can read charts, been doing that for over 5 years now, doesn't change the fact that the chart could go to shit when Elon tweets, it is still a valid problem.

I have seen people respond to that concern as "well I can get hit by a car tomorrow lol, I am not stopping chart reading just because of unexpected stuff", like Elon tweeting about crypto is some unexpected thing, I am shocked when he goes a week without talking about crypto man, it is just so common at this stage. In any case, I still check the indicators once in a while, but I am a long term investor for a while now (about over a year) and I am fine, I have made my profit and I am just sitting back and relaxing without caring about neither charts not tweets anymore.
What happens is that a great deal of the people choose to specialize in one way of trading, there are those that prefer technical analysis and there are those that prefer fundamental analysis and they try to make it seem as if you cannot use both at the same time when this is simply not accurate.

As you say you can be the greatest genius when it comes to technical analysis but we know that there are events that happens outside of the charts that still can affect them and you cannot really explain what is happening on the charts without using fundamental analysis, so the best strategy is to use both technical analysis and fundamental analysis and use your judgment to see which one of them should be given more weight during a certain period of time.
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
The answer to your question lies in your question. Only fundamental technologies allow projects to take off in the long term. This is not a one-day project, it contains the idea of a multibillion-dollar capitalization in the near future. A new blockchain and a developed ecosystem with its close-knit team of professionals and an excellent community will bring benefits to its investors.
That's right bro, this is about how the team will develop the project ecosystem in a more useful direction, so actually this is not too difficult to think about as long as the project team is still able to make an easier path for them to go through in every condition, because recruiting investors is very difficult thing right now.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.
jr. member
Activity: 277
Merit: 5
The answer to your question lies in your question. Only fundamental technologies allow projects to take off in the long term. This is not a one-day project, it contains the idea of a multibillion-dollar capitalization in the near future. A new blockchain and a developed ecosystem with its close-knit team of professionals and an excellent community will bring benefits to its investors.
sr. member
Activity: 1050
Merit: 250
Both can provide valuable insight and expertise into the world of trading. Even if you are a rookie or an old hand at this, you can still get insight from these two analyses, despite the fact that they are not identical. However, to be honest, it is not that simple to comprehend; however, if you are eager to study, it will be simple for you.
as long as we learn hard, everything will not be complicated thing. Time will guide us when we have best effort to learn and practice every knowledge we need. Actually we are lucky to be born in this moment, there are alot open source with valuable knowledge and even alot good traders allocate their time to discussing  and tranfer knowledge with other beginer traders.


Agreed but TA and FA will not have a very accurate to give someone the time to enter or out from the market.
This is helping a lot especially for people to know what will be the trend of the market. This will be making someone will able to enter into the market accurately.
This skill was not an obligation
there is no analisys accurate 100% , there will always miss information that will occur. But atleast TA and fundamental will help us to identify best level to enter market with lower risk.
jr. member
Activity: 619
Merit: 1
Both can provide valuable insight and expertise into the world of trading. Even if you are a rookie or an old hand at this, you can still get insight from these two analyses, despite the fact that they are not identical. However, to be honest, it is not that simple to comprehend; however, if you are eager to study, it will be simple for you.
legendary
Activity: 2324
Merit: 1101
A breaking news still falls within the field of fundamental analysis, which is why you need to be ready to take action at the first sign that a big news is developing, however as time has passed bitcoin is becoming less susceptible to the news, even if it can still present some positive or negative movements they are not as bad as what we could see a few years ago.

So it is important to be careful if you are trading the news as it could backfire and make you lose money that you were not expecting to lose.
That has been what I have been trying to convince people for a long time now but for some reason TA people feel all too powerful and cocky about the fact that "they can read charts", dude I can read charts, been doing that for over 5 years now, doesn't change the fact that the chart could go to shit when Elon tweets, it is still a valid problem.

I have seen people respond to that concern as "well I can get hit by a car tomorrow lol, I am not stopping chart reading just because of unexpected stuff", like Elon tweeting about crypto is some unexpected thing, I am shocked when he goes a week without talking about crypto man, it is just so common at this stage. In any case, I still check the indicators once in a while, but I am a long term investor for a while now (about over a year) and I am fine, I have made my profit and I am just sitting back and relaxing without caring about neither charts not tweets anymore.
hero member
Activity: 2702
Merit: 704
Basically TA and FA really help traders to read price movements on the market, but good/bad news changes everything, so does Bitcoin's movement. so even if a token has a good TA and FA, but suddenly there is bad news, be it Crypto hack or ban, then the token will go down.
A breaking news still falls within the field of fundamental analysis, which is why you need to be ready to take action at the first sign that a big news is developing, however as time has passed bitcoin is becoming less susceptible to the news, even if it can still present some positive or negative movements they are not as bad as what we could see a few years ago.

So it is important to be careful if you are trading the news as it could backfire and make you lose money that you were not expecting to lose.
sr. member
Activity: 2800
Merit: 344
when lambo...
To my mind the only time when TA can work is when many traders look at charts and see the same patterns, so they make similar decisions and then it makes the price predictable. But to my mind relying on FA is more reasonable, as it shows the real potential of a project.

One more thing of great importance is news. It can change price very rapidly, but fundamental value is definitely more important for long-term investments than anything else.

The news has a manipulation plans, and based on 2017 history it really affects a lot of followers who lost because of that. Technical analysis went in reverse after few years and then suddenly btc reached $20k up to $60k in history. So, better choose to holdle and apply long term on our plans in order to have brighter future.
If we keep focusing on our plan, we can't be affected by such fake news. TA and FA had played an important role when it comes to trading and investment, it shouldn't be set aside as this could help a lot to find success in the future. But the problem is how to make good TA's in real life and I know that not all of us can make it. But if you just choose those coins that are already been proven and tested being profitable, that seems to be easy with you and I think TA's are not needed most.
sr. member
Activity: 1484
Merit: 253
To my mind the only time when TA can work is when many traders look at charts and see the same patterns, so they make similar decisions and then it makes the price predictable. But to my mind relying on FA is more reasonable, as it shows the real potential of a project.

One more thing of great importance is news. It can change price very rapidly, but fundamental value is definitely more important for long-term investments than anything else.

The news has a manipulation plans, and based on 2017 history it really affects a lot of followers who lost because of that. Technical analysis went in reverse after few years and then suddenly btc reached $20k up to $60k in history. So, better choose to holdle and apply long term on our plans in order to have brighter future.
hero member
Activity: 2478
Merit: 621
Leading Crypto Sports Betting & Casino Platform
Fundamental from news is always number one factor to buy a coin for me, because in this current internet era, the news spread around the world in second and the investors must be look at the coin and buy the coin, the coin's price have to be increase within a minute or even a seconds. So for me keep up to date with the information is number one must have skills for crypto investors

Such news you are talking about may be pump and dump. Such news that will immediately cause a reduction in the price of a coin may just be a news that few pump group can do to dump when price go up. For example when Elon musk made post about bitcoin and the excessive use of electricity, it didn't immediately affect the price of bitcoin but gradually. I'm just saying an opinion from my point or angle.
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