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Topic: Fundamental Analysis or Technical Analysis - which is more important? - page 3. (Read 351 times)

legendary
Activity: 1806
Merit: 1521
Most technical traders will tell you everything (including fundamentals) is reflected in the price chart. I tend to fall into this camp. Price is the truest expression of supply and demand. Strong underlying fundamentals show up as weak supply (people don't want to sell) and strong demand. Vice versa.

I do like to keep track of fundamental events. For example, when nonfarm payroll data and unemployment numbers get released, or when CME quarterly Bitcoin futures get settled. These can catalyze price moves even if they aren't necessarily causing them.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
But as an investor or trader which do you trust more? 

Its better to have both when you do have the chance yet we know that fundamentals doesnt come out very often which means if you do rely on news and other aspect then you would really be on stagnant knowing that
this market doesnt generate out time to time news unlike on traditional markets like forex and stocks.

Fundamentals and technicals can be correlated but we know that no matter how good your analysis is, it is still bound to fail yet this market is always been unpredictable.It can neither break nor follow those kind of analysis.

When it comes to importance then it all vary on which one do give out profit into you but majority is been using technicals in regards into their trades.
I totally agree with you. Its always better to know both kinds of analysis in trading because they are both helpful. Understand two different concepts will help you to understand the market deeper and therefore, there will be more information generating for you in order to put a trade. However, having too much knowledge can be a double-edged sword because you dont know where and when to use your analysis. The practice is certainly necessary so as you can become more flexible and open-mind on each unique edge in trading

Trading is depending on you. Everything is related to your hobby and your disciplines. The more disciplined you are, the more stable your income will be
member
Activity: 293
Merit: 50
It’s not an either or. You want to have a fundamental analysis view or bias for a certain narrative assumption and you would then use technical analysis to have higher efficiency entries and exits.
hero member
Activity: 2716
Merit: 552

But as an investor or trader which do you trust more? 


These two types of market analysis is a perfect complement for each other. It's not that which type of analysis you trust the most, but it's the source of the analysis. Nevertheless, there's no way someone could predict the price accurately, despite the fact that these are so called "analysis", but these are just also a prediction backed up with relevant analysation of past and future references.
I guess there are more fundamental analysis sources than the TA's nowadays. So, the question should be, which sources do you trust the most?
member
Activity: 87
Merit: 19
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
legendary
Activity: 2338
Merit: 1354
For me, this two type of analysis are far different.
So when you are trading and use either of the two (fundamental or technical analysis) then it's ok, you still foundation and bases why you take this trade.
For me, I recently use more on technical analysis for trading.
full member
Activity: 1232
Merit: 186
Fundamental analysis, looks at news headlines, economic data reports, and other relevant factors.
Ahh.. So the influencers that can be found in the environment are called Fundamental Analysis Shocked. Now I know! Thanks mate.

But like what you've said, traders usually use both methods as it helps them to be more effective in daytrading. So what's the point of choosing one only. Anyway, if there should be only one which weighs greater then I would choose the Technical one. You don't need to know every detail of the news because it will manifest its effects on the chart later on. Thus, reading the trend requires more focus than anything else (IMO).
hero member
Activity: 2954
Merit: 683
But as an investor or trader which do you trust more? 

Its better to have both when you do have the chance yet we know that fundamentals doesnt come out very often which means if you do rely on news and other aspect then you would really be on stagnant knowing that
this market doesnt generate out time to time news unlike on traditional markets like forex and stocks.

Fundamentals and technicals can be correlated but we know that no matter how good your analysis is, it is still bound to fail yet this market is always been unpredictable.It can neither break nor follow those kind of analysis.

When it comes to importance then it all vary on which one do give out profit into you but majority is been using technicals in regards into their trades.
copper member
Activity: 56
Merit: 7
global marketer and strategist
We live in a data driven world and it is the heart of smart investing decisions. 



We often see people posting charts with lots of candlesticks and predictions.
Sometimes their info is helpful and other times the crypto market does the total opposite.
 
Technical analysis, involves making predictions based on past data on charts.
Fundamental analysis, looks at news headlines, economic data reports, and other relevant factors.
The goal is to accurately predict price movements in the market.

Traders and investors may use both methods.

But as an investor or trader which do you trust more? 
 
More info on fundamental analysis for beginners:
https://cryptoandforexnews.com/tesla-overtakes-the-combined-crypto-market-cap/
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