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Topic: Fundamental or Technical Analyst. Which one are you? (Read 649 times)

hero member
Activity: 2366
Merit: 594
I'm more of an investor than a trader so fundamental analysis suits better to my style. I've tried learning how to read the charts and candlesticks before and my brain can't comprehend it when I reach the complicated part. But I think if you're someone who's a casual trader, knowing how to do both FA and TA will help you to execute your trades properly. TA can be invalidated by FA when a certain economic issue happens.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
I had huge experience in the trading platform.I had worked in almost all type of trading.And many varieties of trading too.I had worked in future trading also.But future trading had huge risk in it.So you need to skip about it.Because we don’t have any free money to loss to the exchanges.With my experience,I will be the technical analyst.Because technical people should have huge experience then a normal traders.
No matter on what type or kind of trading you are involved into, you would just basically touch up technical indicators which would really be needing up for you to make analysis and make up decisions
whether you would be selling or buying.It all boils down on what things that would really be effective on you and make you profitable.It is indeed true that there are market situations which you cant
really that able to have those sentiments or news around which means you would be needing to make use of technical indicators which would really be that helpful no matter what.
Make use on whatever things which you do seem to be relevant on your trades.You cant really just make out immediate decisions without any basis.
sr. member
Activity: 1313
Merit: 302
I had huge experience in the trading platform.I had worked in almost all type of trading.And many varieties of trading too.I had worked in future trading also.But future trading had huge risk in it.So you need to skip about it.Because we don’t have any free money to loss to the exchanges.With my experience,I will be the technical analyst.Because technical people should have huge experience then a normal traders.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Well to be a good trader you actually need to be both of them a long term Anlysis Master and Fundermentals reader. So when you combine both of them it looks like the Son of crypton in the body of Thor haha just Kiding i hope you got my point. Be an entity to cover up all it seems difficult but its possible in a pure way. Enjoy...
sr. member
Activity: 1876
Merit: 318
I'm more of an investor than a trader so fundamental analysis suits better to my style. I've tried learning how to read the charts and candlesticks before and my brain can't comprehend it when I reach the complicated part. But I think if you're someone who's a casual trader, knowing how to do both FA and TA will help you to execute your trades properly. TA can be invalidated by FA when a certain economic issue happens.

It really depends on our strategy when trading, if only for long-term investments, it seems that just doing fundamental analysis is quite helpful.
With fundamental analysis we can find out which projects are worth buying for long-term investments. But if we want to make a profit from day trading,
we are highly recommended to be able to do technical analysis. That's why we really have to learn how to do technical analysis and also
fundamental analysis. Because if we master both, it will benefit us, because we can try short-term trading as well as long-term investment.
We must also remember that the more knowledge we have, the more we understand how the crypto world works. So don't be lazy to learn how to do
good fundamental analysis and technical analysis.
hero member
Activity: 3010
Merit: 794
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

I just don't have the time and I'm too busy, it's not that I don't know how to look at charts or technical analysts, but I rely more on fundamentals to trade. So, suppose I might be monitoring the market and charts but only for a short time of about 30 minutes to 1 hour on the computer, after that maybe I'll continue to check it again when I'm free using my smartphone.
Someone who do look up the chart and apply some technical indicators on it and made out some analysis out from those tools wont really be lasting for you or need to look on the computer for 30mins-1 hour.

It is really just too much on which reading up indicators wont really be that much taking soo much time.If you do know on whats the purpose of indicators that you had put up, then there's no way that you could

read up for how many minutes on just staring up those indicators but well, its you and we do have different approach on reading up those indicators or else you dont know on what technical indicator is? Cheesy
hero member
Activity: 2156
Merit: 521
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

I just don't have the time and I'm too busy, it's not that I don't know how to look at charts or technical analysts, but I rely more on fundamentals to trade. So, suppose I might be monitoring the market and charts but only for a short time of about 30 minutes to 1 hour on the computer, after that maybe I'll continue to check it again when I'm free using my smartphone.
sr. member
Activity: 1386
Merit: 451
Basically all we do is fundamental analysis. Although we try to do technical analysis it never becomes possible.Technical analysis is complete luck.But we hold or trade by thinking about the fundamentals.Fundamentals are very important to us and we always remember about this.
sr. member
Activity: 2226
Merit: 347
~
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
Trading is not guesswork like gambling, we still need some strategies to complete all the analysis because that is what is important in the aspect of trading that we run to make a profit in it.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.
It would be a never ending trial and error and this is how trading works.You cant really survive or sustain yourself if you do just keep on guessing without any basis because thats pure gambling so to speak.
If you could  apply technical and fundamental analysis then you must do it.You could really justify out on those analysis of yours once you do have those confirmations but somehow you shouldn't
really make yourself believe that it would be 100% precise. You should really make yourself be that versatile and able to adopt on what you should gonna do.
This market is fierce and if you dont really make yourself that prepared then you'll surely be fucked up.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
~
This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
Trading is not guesswork like gambling, we still need some strategies to complete all the analysis because that is what is important in the aspect of trading that we run to make a profit in it.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.
hero member
Activity: 2982
Merit: 610
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.
sr. member
Activity: 2366
Merit: 332
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
I can't say which one is me. I often change my strategy in trading, I don't rely on fundamental factors or technical factors only. And basically, we need both fundamental and technical analysis to make sure the right decision to make. However, I think I more often trade based on fundamental factors lately. I sometimes wait for good news from certain coins to buy and trade them. During the bearish season, I prefer to stop trading if no good news, too risky trading coins without clear signs.

hero member
Activity: 2156
Merit: 521
I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.
newbie
Activity: 23
Merit: 0
I am new in the crypto market and trying to understand how to be beneficial to me. I got some ideas while reading some of the comments earlier this might help me in searching the ideal way to learn more about trading. I think if we use both the fundamental and technical analysis is the best for me.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Technical analysis have been used for entry/exit price points on charts by professionals traders who used fundamentals for backing up that that trading decisions. Even sentimental analysis is widely used to combine the overall data and get the feeling of market participation on long/short positions.
Personally I use all of mentioned analysis methods before clicking buy or sell buttons, it is still possible to reverse bad trading idea even if trader has made wrong decisions in case of underwater trade positions thanks to proper money management skills. Nothing wrong using both together for minimizing losses and maximizing possible profit opportunities.
legendary
Activity: 2534
Merit: 1338
One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.
Fundamentals could really be that obvious which you would really be determine if its positive or negative but you cant really assure if those news or sentiments could really happen whether it would turn out to be
bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.

True, there are two ways to deal with this weakness of fundamental analysis, one is the one you mention in which you also use technical analysis to tell you what direction the market is about to take and then act accordingly, the other way to deal with this is by becoming a long term investor, this way you can ignore the short term tendencies of the market and instead concentrate yourself fully on the overall long term movements of the market, unfortunately this means having your money committed in the same coin for years, which is not something a lot of people want to do.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Fundamental has never let me down and I believe that I will always go with it. Technical Analyst is something that shows what crypto could do or what the market is thinking and then something major happens and everyone changes their idea and if you are too late then you are going to lose money.

We have seen plenty of times when charts showed that it should be going up and the market is building up for something great, and then some news from some government comes out and the price crashes. I am not really fine with that, fundamental investment on something good for a few years is the way to go, holding bitcoin for 10 years can't hurt at all for example.
legendary
Activity: 3094
Merit: 1127
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.
I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.
One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.
Fundamentals could really be that obvious which you would really be determine if its positive or negative but you cant really assure if those news or sentiments could really happen whether it would turn out to be
bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Fundamental trading is not about trading based on release news that may impact the price of crypto. It's about the use of both economic stance and financial characteristics that determine the market's next trend which could be news, mining difficulty, halving effect, etc.

Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
This is the reason why I consider crypto trading to be a form of gambling because the Technical analysis which you see as crap the analysis used by most cryptocurrency traders but I personally like the fundamental analysis and this is the reason why I never day trade.
legendary
Activity: 2534
Merit: 1338
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.
I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.
One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
you have a simple but reasonable thought. that's true because currently using technical and fundamental analysis is also more often deceived by market charts.
this may have more of an effect on short-term trading and investment. the analyzes carried out seem to have begun to experience a shift and are not by the previous one.
I might follow your thoughts  Cheesy

Technical and fundamental analysis are those methods that significantly work in stocks since you have actual data to work on. With the data that you have, you can at least relatively predict when will be the next dip or rise on the price of a stock in order to maximize your profit.

Though that may be the case, it is a different playing field when it comes to cryptocurrencies. For one, the trading for crypto happens every minute, unlike in stocks, there are only designated times where you can purchase/sell. With the higher volatility, it can also be difficult to predict and forecast its next rise.

Stick with your gut and be knowledgeable about current events as they are definitely helpful in knowing at least the price of BTC in the market.

agree with this simple thinking, using analysis in stock or forex is essential as they have historical data with which we can make predictions for the future. as for the crypto market, apart from bitcoin being the oldest coin available, altcoins are still very new, we don't have too much data to research and analyze. for coins that are less than 1 year old and do not have too much data, where should they be analyzed?

not to mention the cryptocurrency market is still too small and the big players have enough capacity to manipulate the market, just one tweet from Elon sent the market into a frenzy, the analysis here is pointless.
sr. member
Activity: 938
Merit: 303
Hey there.
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?

-   Performing Fundamental and technical analysis is not easy to understand especially if a trader is a beginner in the cryptocurrency industry.
But if you fully understand this, the chances are high that you as an individual trader will surely experience a good income in the end.

However, you also need to give time and time to find out how it is studied and understood so that it will be easy for you in the future to get income here in crypto trading.
hero member
Activity: 2268
Merit: 789
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
you have a simple but reasonable thought. that's true because currently using technical and fundamental analysis is also more often deceived by market charts.
this may have more of an effect on short-term trading and investment. the analyzes carried out seem to have begun to experience a shift and are not by the previous one.
I might follow your thoughts  Cheesy

Technical and fundamental analysis are those methods that significantly work in stocks since you have actual data to work on. With the data that you have, you can at least relatively predict when will be the next dip or rise on the price of a stock in order to maximize your profit.

Though that may be the case, it is a different playing field when it comes to cryptocurrencies. For one, the trading for crypto happens every minute, unlike in stocks, there are only designated times where you can purchase/sell. With the higher volatility, it can also be difficult to predict and forecast its next rise.

Stick with your gut and be knowledgeable about current events as they are definitely helpful in knowing at least the price of BTC in the market.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
A lot of people dont understand your point because they got few profit from a fortunate technical analysis. Some even say technical analysis is for short term and this has failed most times in the short terms than the long term. The long term has been more profitable than short time.

in my opinion, it is better if you at least know both, fundamentals and technical aspects. but remember, if the coin is going to be a pump and dump coin, i don't think those analyses will help you, but your eavesdropping from social media channels will do.  Grin bottomline, it depends on the coin you are getting involved with. but the knowledge of both would surely help you gauge your next move. it may not be perfect but it may save you from big losses.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.
I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
If you are having problems with the losses you are incurring then you need to investigate money management strategies, however while this may sound to be complicated it is not the case, one of the most simple strategies is that you never allow yourself to lose more than 1% of your capital in any single trade, this way no matter how many trades you lose in a row it is almost impossible to lose all your capital, and eventually once the bull market comes you will obtain good profits.
Always set out risk management yet this would really be the most important thing since you cant really just put up certain big percentages on every trade.Hence, come to think that we arent doing gambling on here

which does basically means it do really need up those kind of consideration and you cant really just make out trading positions without any analysis because it could really be that hard for you

to be that sustainable if you do really have that kind of behavior.If you do find out yourself on having both strategies to be effective then better make use of it.
Just like on what been said by the rest that you should really be that versatile on different conditions.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
If you are having problems with the losses you are incurring then you need to investigate money management strategies, however while this may sound to be complicated it is not the case, one of the most simple strategies is that you never allow yourself to lose more than 1% of your capital in any single trade, this way no matter how many trades you lose in a row it is almost impossible to lose all your capital, and eventually once the bull market comes you will obtain good profits.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
I would say I do both, but I wouldn't say I'm a pro at technical analysis, but I think to be a professional trader you must have to know technical analysis.  And I think fundamental analysis is for new traders.  I complete my day trading by doing technical analysis and also often trade with different news so you can tell me I am on both sides.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
I am a Fundamental trader, of course technical analysis and indicators are very important, but for me I think that positive or negative news related to the global economy or crypto regulations play a big role in the price movement, so I think that the analysis can be mistaken if there are some big news affecting the market .
Therefore, I adopt fundamental analysis, where you follow the news and collect data that can affect the movement of the market and based on that you can make a decision.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .

That's exactly, fundamental or technical analysis, there's really nothing to believe in them, if all could be seen and predicted on the chart then surely a lot of people wouldn't panic when the market declined. The charts are not a crystal ball and those who look at them are magicians who can show us all that will happen in the future. The market is governed by hundreds of factors, whale manipulation, macroeconomic influence...The best way is to just buy and wait, the market will not fall forever but will have to rise again.
hero member
Activity: 1246
Merit: 699
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
you have a simple but reasonable thought. that's true because currently using technical and fundamental analysis is also more often deceived by market charts.
this may have more of an effect on short-term trading and investment. the analyzes carried out seem to have begun to experience a shift and are not by the previous one.
I might follow your thoughts  Cheesy
hero member
Activity: 1400
Merit: 770
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.
hero member
Activity: 2114
Merit: 603
I am logical thinker.  Cheesy I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .
I agree that we can get a decent return from investing and trading in cryptocurrencies with patience and persistence.
Crypto movements are unpredictable and even though we can analyze market conditions well, there will always be mistakes, even if they are small.
But we can still follow its movement by reading a lot of useful information that we can get from many media.
But be careful with the news we read because most news only wants to attract investors to support one or a few coins, while the coins cannot increase after they invest or buy them.
full member
Activity: 854
Merit: 100
The OGz Club
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .
That's true and indeed cryptocurrency is difficult to predict even though we have done an analysis but it is not a guarantee,
but that doesn't mean we don't need to do the analysis because that is the important part,
to make a profit one of the keys is patience
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
A trader needs to consider both fundamental and technical analysis to make profit in trading business. Only fundamentals or only technical will not always work. Fundamental and technical analysis both are reliable means of trading considering the market movement, nature and conditions. But between the two at first i prefer the fundamental analysis of any project then technical.
This two should apply depending in the situation. There were times that we need to buy or sell when there is only hype or when there are news that affecting the market, it mostly happened in hype coins or coins that are new in the market. While we can be technical for some coins that is able to recover in the market despite being in dump or in bear market. Both can be use and it will depend on us trader which suits or work best on us when we do trading analysis.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
A trader needs to consider both fundamental and technical analysis to make profit in trading business. Only fundamentals or only technical will not always work. Fundamental and technical analysis both are reliable means of trading considering the market movement, nature and conditions. But between the two at first i prefer the fundamental analysis of any project then technical.
full member
Activity: 728
Merit: 117
In my opinion, we can combine the consideration based on the analysis of fundamental and technical analysis. fundamental will the community supports the current condition whether this will be buying or selling with certain coins in a certain rate because there are some big news influencing. Technically, we need also consider the technical analysis because we must know the probabilities of every chart indicator that wil commonly determine in what rate to buy or sell what coins, and also other analyses to be considered. If we can analyze both very well, then we can continue it to the application. But of course, technical analysis is not easy. I feel difficult to learn and make certain technical analyses.
hero member
Activity: 2828
Merit: 611
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
When we are new to the world of cryptos, we start on the basics first and not these two so we aren't confuse yet if what is the ones that we will choose but once you advanced from being a newbie you will now have an idea if what are those. I think technical analysis is being used the most in trading while fundamental analysis are most preferred by the investors but combining both might also bring us some greater benefits.

Being a newbie is surely tough but we should only take things slowly or one thing at a time only so that we won't be pressured and there will be no confusions as that is bad and can only affect you in a negative way.
hero member
Activity: 966
Merit: 588
I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
TA works, probably if it’s not working you just miss something or better yet try to combine it with the FA.
Fundamental and Technical analysis are both ok, this can be a good combination for you to be more successful. Many traders failed not because of TA but simply because of their emotion and being irresponsible. We can’t always win in trading and the only way to increase the chance of making profit is by doing your own analysis every time you trade or invest, don’t think for an easy money just be consistent.
^Definitely right, technical analysis, and fundamental analysis are both good for analyzing the market sentiments. If you will combine these two different analyses it could gather more accurate predictions of the market price. So there is no need to choose which one of them is the best because both are very useful in trading what you need. Some traders prefer to have more than one reference in analysis so that they can predict with have an accurate result.
However, all of these are just a tool in trading, it always remains unpredictable on the side of the crypto market.
If the two can be combined, why choose from one? For traders, it is important that technical and fundamental analysis must be an adjustment and when it is needed because traders certainly need more tools to analyze the market and prices, but of course both are useful, this is always associated with traders so don't be a choice from the wrong one in essence it can be used by most traders.
In fact, not only that, but many more references can be applied in trading.
So I agree with you.
hero member
Activity: 2688
Merit: 588
Technical analysis is fortune telling. It is crap. More than that, it is a scam.It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all.
It may be fortune telling but why so many pro traders like to use technical analysis more than fundamental? Do they only use it to show up or to make them look smarter? Because many of the post about technical analysis are hard to understand. Fundamentals on the other hand isn't always guaranteed because sometimes the information that we scan online is not legit.

You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game.
Never heard of the phrase "history repeats itself? This was true on so many things including here in cryptos. Maybe we can't win the  21st game but we can possibly win on the 22nd, 23rd, and so on games. Same thing can be applied in the price. Maybe there are no good recoveries this month but there might be next month or so.
legendary
Activity: 2506
Merit: 1394
Also observed that most fundamental analysts or traders are just looking at fundamental parts of cryptocurrency are the most people who don't trade frequently compared to traders that more into technical analysis which they trade in just technical parts like what they analyze on their charts.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?
Imagine been a technical trader and after so much good analysis on your chart and you see everything all good and placed a trade then boom a news pops up that affects your trade because you are not a fundamental trader you feel it's a slight retracement and them boom again a long candle stick takes you off your trade or the direct opposite happens how do you explain that ?

Having both knowledge as a trader makes you ready for what ever surprise the market can present and also keeps your trade in check on when to take profit and zoom off the market
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
I agree, most of the traders that I see is that they're more for technical analysis. But I tell you what, it's better to have a balanced analysis and you're covering both of them.
I'm more for the fundamentals and it's easier for me to look at it but nothing beats that you know both sides of it and you're not just relying on one of them.
But for anything that works for you, you only need to be consistent there until everything is not working anymore so you have to choose and try again.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
I’m still wondering why many are still confused about the function of this two and wondering why they have to choose only one where in fact they can use both to have a better result. FA can be a good warning not to invest on new projects with a poor plan and roadmap, while TA tells the price trend which can help you decide either to buy now or wait further. Traders are using FA without noticing it, news and looking at the total supply are FA because that talks about the project itself. If your focus is purely price trend, then that’s TA.
It can both work better sometimes but many are focusing on TA which is fine as long as they know how to maximize it.
We all have our own strategy and different approach towards this market, what goods for us might not be ok to others same thing with TA and FA. I do use this both sometimes but since I'm trading with only good coins, I'm confident that they already have a good Fundamentals and that's why I tend to skip that part. FA might play its crucial role if you are dealing with the shicoins, I suggest to do this at all cost.
full member
Activity: 2086
Merit: 193
I’m still wondering why many are still confused about the function of this two and wondering why they have to choose only one where in fact they can use both to have a better result. FA can be a good warning not to invest on new projects with a poor plan and roadmap, while TA tells the price trend which can help you decide either to buy now or wait further. Traders are using FA without noticing it, news and looking at the total supply are FA because that talks about the project itself. If your focus is purely price trend, then that’s TA.
hero member
Activity: 2590
Merit: 644
There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
TA works, probably if it’s not working you just miss something or better yet try to combine it with the FA.
Fundamental and Technical analysis are both ok, this can be a good combination for you to be more successful. Many traders failed not because of TA but simply because of their emotion and being irresponsible. We can’t always win in trading and the only way to increase the chance of making profit is by doing your own analysis every time you trade or invest, don’t think for an easy money just be consistent.
^Definitely right, technical analysis, and fundamental analysis are both good for analyzing the market sentiments. If you will combine these two different analyses it could gather more accurate predictions of the market price. So there is no need to choose which one of them is the best because both are very useful in trading what you need. Some traders prefer to have more than one reference in analysis so that they can predict with have an accurate result.
However, all of these are just a tool in trading, it always remains unpredictable on the side of the crypto market.
hero member
Activity: 2114
Merit: 619
Hey there.
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?
I think fundamental analysis is not made for Cryptos atleast the one that we currently have in place worldwide. There is a different type of fundamental analysis which is based on the idea and utility of the project but to be honest that is also quite subjective and has a minimal success rate. I have seen pretty good projects finishing in vain and sometimes pretty bad projects picking up huge fundings. I feel that instead of this one should focus on accumulation of top coins during the bear market and selling off during the bull run.
sr. member
Activity: 2422
Merit: 357
There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
TA works, probably if it’s not working you just miss something or better yet try to combine it with the FA.
Fundamental and Technical analysis are both ok, this can be a good combination for you to be more successful. Many traders failed not because of TA but simply because of their emotion and being irresponsible. We can’t always win in trading and the only way to increase the chance of making profit is by doing your own analysis every time you trade or invest, don’t think for an easy money just be consistent.
legendary
Activity: 2534
Merit: 1338
First you should start with fundamental analysis and you should be a long term investor. If you can get profit from long term investment, it means you have enough patience and discipline so you can think of the second option.

Second, technical analysis with which you must have both patience and discipline. Patience to wait for entry price that should be good for profit potentially and safe for risk management. Discipline to know when you should close your position even if you can not get profit. Closing a position with either a draw, a minor profit or a minor loss is a big success. Because you are good enough to protect your capital.
I think this is the right approach, newbies that come to this market want to start fast and they want to make a lot of trades and earn a lot of money in just a few weeks, and as you may guess those newbies are the ones that end up being completely destroyed by the market, newbies need to start slow, and they need to just buy bitcoin and hold it, then after they had proven to themselves they can hold their coins and they have learned more about trading then they could begin to use technical analysis to try to increase their profits, does this means that newbies could spend years before they even make their first trade? Yes, but at least to me that is the correct way for them to evolve.
sr. member
Activity: 2226
Merit: 347
Hey there.
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?
Why you would need to choose if you could have two or both things? Come to know that this market doesnt only rely with full news and we know that there's no events or sentiments that do float
anytime which basically means that you would really be needing to learn up technicals for you to be at least versatile on different market conditions.
You could really choose in between basing up on the situation whether you would be using fundamentals or technical whether one at a time or both things in one go.
This one really varies because not all would really be having on the same intellect and experience from others.
hero member
Activity: 1820
Merit: 537
Some people have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
Both fundamental and technical analysis could be applicable in one's trading journey. Our success using these strategies will depend on how deeply we understand the market movement and our knowledge of dealing with it. If a single technique didn't work for you, it doesn't mean that it isn't useful. Fundamental and technical analysis are actually both necessary for us to succeed in trading and we only have to be knowledgable about how to apply them.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

Not being a fan of technical analysis doesn't make it a crap. I so much believe that one cannot be a pro trader with only the knowledge of fundamentals. Both fundamental and technical compliment each other and in the end they play out the same thing. All you have to do is to be attentive to details and follow your strategies to the later.

Anything that happens in the fundamentals is always seen playing out in the chart. I can agree with you that Fundamental is the main analysis, but if you are not aware of the fundamental, with the movement of the chart, you will understand that something is happening and you will also understand to the extent it will happen because of the kind of movement that the chart is making.
But only the knowledge of fundamental will not be able to tell you where the fundamental effect will end.
hero member
Activity: 1036
Merit: 674
I take both of them as important as they all have have role to play and proves useful in certain circumstances although, most of us consider fundamental analysis to be most useful. Reason been that, fundamental analysis can change the direction of a trending market in an instant. Its an analysis that is brought out of news, news that could range from a huge investment to a spread FUD and they work quite well in persuading traders to trade. After which, you would find the technical part of it being very active.
They both work just fine and should be take into consideration. When your not so sure, its best you just let the market be.
hero member
Activity: 1148
Merit: 796
Any new coins released doesn't any fundamental yet, how it's possible for you analyze the performance based on the previous history? I'd say only Bitcoin is a coin who have a fundamental, other coins even top 10 on CMC doesn't really have fundamental due to they just following Bitcoin price. An actual coins will need to move alone without following Bitcoin, if they just follow Bitcoin price, why you need to choose other coin instead of Bitcoin?
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Fundamental analysis is the most effective in crypto trading because crypto traders are very sensitive and easy to manipulate with simple news that is currently hot in crypto like the FOMC and CPI rates. Technical analysis in crypto is just a guide on trading when there’s no clear direction or news available but Fundamental Analysis always governed on crypto trading no matter what the signal given by the Technical Analysis.

This kind of shit show manipulation is the wild card on crypto trading because it’s very hard to predict when this kind of manipulation that breaks technical analysis will hit and devastate on crypto market more importantly that leverage offered by exchange is in insane amount.
sr. member
Activity: 2366
Merit: 332
I don't believe the most important thing should be the kind of trader that you are but you need to know how to understand the knowledge that you have and put it into practice in trading. If you are a scalper, day trader or swinger all you need is to manage your account and increase your profitability. Risk management is important for all kinds of trading style. However to trade using technical and fundamental is good to balance your trading skills.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Technical analysis (with charts) is just so perplexing that I'd prefer to just invest fundamentally, and then make sure I have enough income outside of crypto to be able to invest consistently. It's simply just far less taxing for the brain in my case, as looking at charts the entire day is just ugh.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

All are for reference only and are one of the factors for us to make the final decision. That is why the same technical method, the same knowledge, but the results and predictions of many investors are always different. Cant say they are completely useless because sometimes the past will repeat like we are expecting bitcoin to recover right after the halving, it has happened in the past as well. But don't over-trust it or abuse it completely. We know technical analysis, know fundamental analysis, and whales and sharks out there know too.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
Knowing the type of trading will not help you unless you know how to deal with losses and the psychological aspects related to them.
Most of the people who failed in trading are either people who did not have enough courage and therefore fear of achieving the goal or they had too much greed that made them risk everything they had.
Balancing the two is the basis for achieving profits.
We need both to understand trading and to be able to carefully decide on what to do in our trades. It’s not necessary to master them but atleast consider them in doing trades and to have basis on analysis. What important is that we know what decision to made when dealing in the market depending on the market situation as well in news and how it reacts in it’s previous charts.
legendary
Activity: 1596
Merit: 1288
Knowing the type of trading will not help you unless you know how to deal with losses and the psychological aspects related to them.
Most of the people who failed in trading are either people who did not have enough courage and therefore fear of achieving the goal or they had too much greed that made them risk everything they had.
Balancing the two is the basis for achieving profits.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
Technical and fundamental analysis are two different ways to analyze the chart/market.
Most traders use technical analysis to analyze charts and movement of the price in short term not good for the long term basis they only read charts and look for a signal before they decide when is the right time to buy and sell.
Unlike Fundamental analysis, this one is only good in the long-term, and Fundamental does not use MACD or RSI or any indicator that use for technical analysis.

Binance already has an explanation for these two strategies I would suggest you read this "Fundamental analysis (FA) vs. technical analysis (TA).

Or if you are looking for more about these two analyses you can find more from this "Awesome Crypto Trading" it includes free tools, simulators, and guides.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Fundamental. I do try technical analysis but it's more like on a basis or something similar, I never set it as something that's going to happen as guaranteed but I also never put it past me to acknowledge the chances of it happening together with a bit of understanding about the results of fundamental analysis. That was in the past though, nowadays I just hodl and DCA, trying to read the market is stressful and most of the time of me trying to understand just makes me misunderstand it more.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?
Are these the help? There is nothing more about the OP than defining what technical and fundamental analysis are. You even seem more of a newbie tradar.

Trading without technical analyses have no basis and the trader would likely fail and fail again and again.

There are more to trading than just what you post. There is no help that you offered at all.
hero member
Activity: 1442
Merit: 775
First you should start with fundamental analysis and you should be a long term investor. If you can get profit from long term investment, it means you have enough patience and discipline so you can think of the second option.

Second, technical analysis with which you must have both patience and discipline. Patience to wait for entry price that should be good for profit potentially and safe for risk management. Discipline to know when you should close your position even if you can not get profit. Closing a position with either a draw, a minor profit or a minor loss is a big success. Because you are good enough to protect your capital.
newbie
Activity: 6
Merit: 0
There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.
legendary
Activity: 3276
Merit: 2442
Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.
newbie
Activity: 6
Merit: 0
Hey there.
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink
To help newbies out there, comment what type of trader you are and why?
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