Topic: Fundamental Analysis or Technical Analysis - which is more important? - page 2. (Read 379 times)
September 03, 2020, 06:41:21 PM
Long story short: I use fundamental analysis for finding the potential direction and technical analysis is needed to find entry/exit points. For finding the trend direction using the indicators is useless unless there is a schedule on the calendar during important news. Technical analysis is based on statistic data which is collected from the chart itself, why am I supposed to play with indicators instead of directly analyzing the chart itself?
September 03, 2020, 05:58:36 PM
echnical analysis comes with a word technical which sounds hard but it is really hard looking at the charts when you have no experience on trading but fundamental analysis looks doeable based on its definition because it says data from the news and events . this is also more accurate because you arent depending on past data like what you did on t.a but you can make your move based on the current or future happenings let say if theres a good news or a bad news related to cryptos .
September 03, 2020, 09:01:26 AM
I believe that there is no need to look for which analysis is the most important, since fundamental and technical analysis are fundamentally different from each other and provide separately very important information for an investor and a trader, because fundamental analysis provides general information about a coin - is it worth buying at all and what there may be prospects. And technical analysis provides an opportunity to predict the course of a certain coin within a specified time frame.
September 03, 2020, 08:28:01 AM
I most oftenly use technical analysis but I see to it that I checked fundamental analysis for further knowing and understanding where does that coin will be possibly leading (whether go pump or eventually dump). Both are significant and both can be useful in trading but it all depends on how we treat those tools to become efficient in our trading. There is a great impact honestly, if we incorporate it together in our trading. However, not everyone are fond of using both of these.
On the other hand, the success rate is greater when using these two methods ( both TA and FA) since analyzing the crypto market is confusing.
As a forex trader I focused majorly on technical analysis for my trading decisions while taking into cognizance the importance of fundamental analysis as the mover of the price ie price volatility I always avoid trading one hour before or after any news which I believed will rubbish whatever analysis I had made before pulling trigger to buy or sell.On the other hand, the success rate is greater when using these two methods ( both TA and FA) since analyzing the crypto market is confusing.
While some traders focuses more fundamental analysis in taking their trade despite the massive dumping and pumping ie high volatility occasioned in that period of time while I believed both analysis are very important in any trading plan and strategy.
September 02, 2020, 09:51:57 AM
I believe that you can combine them both if you really want to make a change, you do not have to follow just the one or the other, you can make both of them work at the same time if you really want to. For example? You could check the TA as much as you want, start with that, it is the most important part and with more you check the more chances you are going to face because putting time in research is the most important part.
Let's say you did all the legwork and you found something that could help you out, that moment you switch into fundamental, at that point you start to read the gossip places and you start to read the news and that way you now have one coin you want to invest in because of TA but you also know what people are saying about it as well.
Let's say you did all the legwork and you found something that could help you out, that moment you switch into fundamental, at that point you start to read the gossip places and you start to read the news and that way you now have one coin you want to invest in because of TA but you also know what people are saying about it as well.
September 02, 2020, 08:05:28 AM
I believe more in technical analysis than fundamental analysis, because based on my experience during the last few years of trading.
Indeed, technical analysis can easily determine the selling / buying price, because technical analysis is quite accurate in predicting price movements. Meanwhile, fundamental analysis is often inaccurate for determining price movements in the market.
I agree with what you said cause Technical was what most crypto trader use and Fundamental analysis shouldn't be excluded in other not to miss out great opportunity but the trading analysis is just a way of predicting the market next direction. However, a single whales decision can change the whole analysis and what's important is knowing when to exit the market and having a good stop loss strategy. Indeed, technical analysis can easily determine the selling / buying price, because technical analysis is quite accurate in predicting price movements. Meanwhile, fundamental analysis is often inaccurate for determining price movements in the market.
September 02, 2020, 06:55:06 AM
I believe more in technical analysis than fundamental analysis, because based on my experience during the last few years of trading.
Indeed, technical analysis can easily determine the selling / buying price, because technical analysis is quite accurate in predicting
price movements. Meanwhile, fundamental analysis is often inaccurate for determining price movements in the market.
Indeed, technical analysis can easily determine the selling / buying price, because technical analysis is quite accurate in predicting
price movements. Meanwhile, fundamental analysis is often inaccurate for determining price movements in the market.
September 02, 2020, 05:45:56 AM
I most oftenly use technical analysis but I see to it that I checked fundamental analysis for further knowing and understanding where does that coin will be possibly leading (whether go pump or eventually dump). Both are significant and both can be useful in trading but it all depends on how we treat those tools to become efficient in our trading. There is a great impact honestly, if we incorporate it together in our trading. However, not everyone are fond of using both of these.
On the other hand, the success rate is greater when using these two methods ( both TA and FA) since analyzing the crypto market is confusing.
On the other hand, the success rate is greater when using these two methods ( both TA and FA) since analyzing the crypto market is confusing.
September 02, 2020, 04:28:30 AM
As a day trader technical analyst is more important to me, I mean I just need to see some news first before I start to trade and the rest I'll just focus on technical analyst. It would be different if the movement price change drastically then I'll find the information again, without that I never check again.
Sometimes, that we think is a good news and we expect that the price will change but it doesn't happen. So it would make me confused if I combine the both strategy if I choose a day trader. Because I just need a little time to wait after I got an entry, I only use 1 hour time frame and 15 time frame.
Sometimes, that we think is a good news and we expect that the price will change but it doesn't happen. So it would make me confused if I combine the both strategy if I choose a day trader. Because I just need a little time to wait after I got an entry, I only use 1 hour time frame and 15 time frame.
September 01, 2020, 08:30:09 PM
It's a matter of bias or subjective judgment imo. As long as you aren't swayed by possible mistakes, since you've taken into account mistakes and errors when doing your analysis, any types would do. It's not like either analysis' hold an advantage against each other, both of them have their own strong points and weak points. Not to mention that they have different usage based on what trading you're really doing. Still, there's nothing wrong with learning and developing the both of them, since any knowledge you can get can be used one way or another in trading.
I think the most important factor would always be the risk that you are willing to put into trades and putting a stop loss in order to limit the amount of losses that you could incur while having the open position on the market. First of all I think the understanding of different factors in trading should be important as well, no matter what you are going to do, have a trading plan and follow it.
A plan is a natural prerequisite in doing everything, not just trading. Sure, doing yolo moments once or twice could prove to be helpful, but life ain't really easy for everything to go your way. Besides, yolo could also be considered a plan, just that there's no plan. 
September 01, 2020, 06:32:18 PM
I tend to agree with this matter. You can use both of them too if you want to have a good forecast of price movement.
I think the most important factor would always be the risk that you are willing to put into trades and putting a stop loss in order to limit the amount of losses that you could incur while having the open position on the market. First of all I think the understanding of different factors in trading should be important as well, no matter what you are going to do, have a trading plan and follow it. 
September 01, 2020, 06:07:07 PM
Basically, it depends on the situation. It doesn't matter if you use TA or FA. What matters is to stick to your plan and be strict about it.
I tend to agree with this matter. You can use both of them too if you want to have a good forecast of price movement.Either which analysis you will use that is the same predicting the market price movement.
Don't stick any of them if there's an opportunity to grab then, grab it. For example, you have technical analysis and you have drawn your chart already, but there is an opportunity that might you will get profit. So you will refuse it because you need to follow your chart. That's the wrong perception, you need to balance them and analyze very well. You can always have a comparison between both TA and FA to get an accurate results in predicting.
September 01, 2020, 04:44:55 PM
If I had to choose between the two, it's easier to follow technical analysis because you are right there, and it's made to for you if you are the one charting it. The consequences for it are that you would be biased to your chart, and if it went the opposite direction, you would get discouraged unless you have a solid trading plan.
On the other hand, I would consider fundamental analysis if and only if it is significant and relevant to the current situation that we have now. Like recently, with the pandemic, the price has gone down, and it recovered.
Basically, it depends on the situation. It doesn't matter if you use TA or FA. What matters is to stick to your plan and be strict about it.
On the other hand, I would consider fundamental analysis if and only if it is significant and relevant to the current situation that we have now. Like recently, with the pandemic, the price has gone down, and it recovered.
Basically, it depends on the situation. It doesn't matter if you use TA or FA. What matters is to stick to your plan and be strict about it.
September 01, 2020, 04:29:08 PM
Depends on the situation/context.
Day trading (short term returns) will rely more on technical analysis (chart, onchain, sentiment)
Long term investment, better to go deep in fundamentals.
Both have their difficulties.
Betting on older projects with proven track record (BTC/ETH/LTC...) is the safest but probably the less rewarding % wise
When it comes to percentage gains when these established coins wont really give you that much specially on a shorter time frame this is why majority would really end up on recognizing into those projects that has less price but actually a more risky type kind of decision imho.Day trading (short term returns) will rely more on technical analysis (chart, onchain, sentiment)
Long term investment, better to go deep in fundamentals.
Both have their difficulties.
Betting on older projects with proven track record (BTC/ETH/LTC...) is the safest but probably the less rewarding % wise
Involving with trading will matter on which path you would choose into and it would be subjective because not all would really have the extra time to deal with the market on an active manner thats why they do chose
on long term swings and basing of with news or fundamentals.
For people who do have the ample time then active trade would suit them and as you mentioned both do have their difficulties but you can actually switch up in both methods depending according to your likes
or preference.
September 01, 2020, 02:51:42 PM
Both technical and fundamental analysis can be made to predict a possible future price. Just like you have said, both do not offer 100% on anything but when you look at the past history of some coin, you will discover some repeated pattern which makes it easy to predict the price however, news and event can sometime influence this repeated chart history but both can provide a baseline for predicting the price at a point
September 01, 2020, 01:07:57 PM
But as an investor or trader which do you trust more?
Fundamental analysis is at the core of trading (crypto or otherwise). This is just like theoretical knowledge. But for practical applications you need to be well versed in performing technical analysis. This is the practical knowledge part. If you can't do this then it's better you hire a fund manager kind of guy to do the analysis for you.
September 01, 2020, 12:16:43 PM
I think both of these methods don't work properly on the crypto market because it's not a regulated market. I still tend to go with fundamental data
September 01, 2020, 11:08:31 AM
Depends on the situation/context.
Day trading (short term returns) will rely more on technical analysis (chart, onchain, sentiment)
Long term investment, better to go deep in fundamentals.
Both have their difficulties.
Betting on older projects with proven track record (BTC/ETH/LTC...) is the safest but probably the less rewarding % wise
It is as simple as that, while both tools can be used to earn money in the markets their nature is completely different and as such they apply in different cases, anyone that is looking to trade their coins in a very small time frame should use technical analysis and nothing else because at that time fundamental analysis is not going to have almost any effect on the charts.Day trading (short term returns) will rely more on technical analysis (chart, onchain, sentiment)
Long term investment, better to go deep in fundamentals.
Both have their difficulties.
Betting on older projects with proven track record (BTC/ETH/LTC...) is the safest but probably the less rewarding % wise
But if you are looking to become a positional trader or an investor then fundamental analysis is more important than technical analysis and while is important apply both the truth is that you could safely forget about technical analysis in those conditions and only care about fundamental analysis to decide whether or not you invest in a coin.
September 01, 2020, 10:10:00 AM
It depends on the trading system and the profile of the trader, if you will ask me if what is more important; my answer is technical because I'm used to it and my trading system are purely base on technical analysis. I know that news are important but I'm not a trader who are relying on it, I respect the ideas of some fundamentalist; fundamental analysis are actually working for some people but for me it is not working and it is the reason why I keep focusing only in technical analysis. If you want to learn technical analysis, this forum can help you and remember that we are now in information age where you can access a lot of concepts and ideas about technical analysis by searching it in the web. Find a trading system that can help you to build your own foundation that can give you profitable trading career.
You must focus first on reading the candlestick, a lot of people are failing in this basic part and you should master it and also the reversal candles because it is important. After that try to master the identifying of trends because in technical analysis, "trend is your friend" wherein you should base your decisions on what is the trend of the coin that you are currently trading.
You must focus first on reading the candlestick, a lot of people are failing in this basic part and you should master it and also the reversal candles because it is important. After that try to master the identifying of trends because in technical analysis, "trend is your friend" wherein you should base your decisions on what is the trend of the coin that you are currently trading.
September 01, 2020, 09:11:49 AM
If we expert on technical or fundamental analisys,we will be good traders. having routine research for every project will give us hidden information that could be potecny as future GEM. by learning technical we understand price action and its analisys, and by fundamental we will know what 's new that will released in near time so will give influence to market or price. expert on both of them make us best trader ever, and easily get profit from every new coins.
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