Topic: Fundamental or technical, which one you do used? - page 4. (Read 19000 times)

Either of the two options to prefer it doesn't matter to me, and yet we can combine the two so that we can gather the best what we can. Being technical is our actions to have when we do trading, and that fundamentals was only the perceptions towards the plans for the asset you have in you. Those tools were very important so that you can reach what you aimed for in the future of your trading career. Being decisive is an intimate actions of being a technical person.

in this crypto market the person must be just attentive in the news, forums, social networks and to follow the Devs of the coin, that is everything that the person must do to know if the currency will increase or if the currency will fall. Technical analysis does not work in this crypto market


I believe it has always been the best option

It may vary on what result you are looking for, if you want a precise trade results then follow the fundamentals or the needed ones and if you want a accurate result you can have technical analysis on trading that will be base on charts and price movements unlike fundamentals you are just thinking what could be the next move base on your instincts.

Since market always experience a fluctuation time on time i prefer to used technical analysis just to determine the real direction of growth rate and to avoid such issues.  But one day it become very hard for me as a trader to monitor the growth rate because of some factors that always exist in the market.  So as of now im planning to make fundamental because probably this is the best solution in this circumstance in my view .

I always looking in to charting first before buy any crypto, but also only choose good coin to trade, so that mean i use technical ans also fundamental analysis. We have to learn both before doing trading in crypto market to earn profit with less risk because flutuacion of crypto very high.

Well, it depends that the one that best work for you, you have to study both thoroughly and apply them first to your trading, then you will fully know the one that works more for you, some market analyst prefer to use technical analysis.

While others prefer to look at fundamental factors such as economics, geopolitics and sentiment while some use both, you can also apply both, for me, I use more of technical indicator though I apply both when necessary but technical still works better for me that fundamental indicator.

Good to know that you have taken the view of some investors and traders like myself inti consideration for you to be able to make an informed investment decision because that is the only way one can make profit from one investment and not just one sided analysis of the market situation which maybe dengerus to our investment.

The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

I don’t disagree with you , like you said both are important in trading but you get the best of trading when you apply technical analysis, you have to carefully study opportunities available before venturing into trading and its only technical indicators that can show you the statistical trend gathered from trading activities which will help you to evaluate security strength or weakness, this is how you can get out of panic selling, so to me technical indicators are far more important than the fundamental indicator though it has its own little way of contributing to the success of the trade too.

I use both Fundamental and technical. Because I have seen that the investment decision is not correct when using the only Fundamental or the only technical. So I think both of the Fundamental and technical considerations should be considered for making the right investment decision. Trading is a very subtle and complex subject. So before making an investment decision, there will be a lot of persuasive identities.

Otherwise, it can be a big loss. Investment decisions should never be ignored. Because of the other profit loss of investment decision depends. Both Fundamental and technical are very important. Depending on anyone, decisions will not be foreseeable.

Thank you

There has always been a clear competition between technical analysts and fundamental analysts, each defending their point of view, taking into account that they have great advantages and their theories often fail. For the market application, many specialize only in technical analysis, in fact, if you show a chart to a cartography specialist, it will immediately tell you that it is a known chart, which is very likely to happen X thing, if you it gives the same graph to a Fundamental Analyst, it will give it its Intrinsic Value, which may be correct, but in which both will always fail, it is that they can not predict the effects of Supply-Demand, all their analysis can collapse due to volatility In the cryptocurrencies, in the Stock Market, if there is a tragic event, the market will collapse.

If you grasp the best that has the technical analysis and the best that has the fundamental analysis, apart from market knowledge, you can achieve good results, because somehow you need the concepts.

According to one of Wyckoff's books, he explains that in order to fully understand the market, not only the movements and phases of accumulation and distribution must be studied, the methods of technical analysis must be taken into account. In my case, I use a lot of technical analysis tools, such as Fibonacci, Elliot Waves, and I combine them with fundamental analysis, such as, in what areas of the market a possible area of ​​value was produced, how long that liquidity can last.

If you comes from the Forex field, then you are already good at Technical analysis which is an added advantage for you. If you are new, then you have to learn it first in order to better understand and do good trade.

I agree. I think, rather than choosing one, the better path to take is to study both. I mean, what would you lose if you have more knowledge of the things surrounding a the market that could give you profit or returns. Especially, these days, when all the market is usually in chaos, it would be better to be equipped with all the tools one needs by way of knowledge in order to fare well in the ever changing landscape of the cryptocurrency market. At least, if you have the know how in both means, you can tackle any trading strategy that would best suit your taste or circumstance at any given point.

well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.

Yes, pro traders will always prefer to go with technical and fundamentals. I prefer to go with fundamental of selling high and buying low. This requires the ability to predict the market moves which can be done on observation with time stamping. To be successful with trading, even if it's a pro trader luck is also a must.

For me both fundamental and Technical analysis will be useful in different times so it needed not in equally at all time but both are very important for a trader to make the trading life more easier when he was with both these knowledges so my opinion is both are very important.

Fundamental Analysis is also important in crypto trading as bitcoin depends too much on fundamental analysis and the current news about the coins in the market.

I also used candlesticks before but it never did work out for me.

After that I start disabling it. One thing you have when you are looking it is assuming mostly to where it will go. Mostly base on my experience it is wrong, it goes the other way.

I would rather base it with my own prediction which mostly makes profit for me than too much technicalities.