Topic: Fundamental or technical, which one you do used? - page 6. (Read 19004 times)
It is better to use both if you aren't getting a good profit to maximize your chances of gaining a profit. Don't just think trading is a very simple game where you just have to buy and sell, NO, you have to make an effort to make your trading success. And also reading and watching at the news will help you also on when to move.
It's better to have both the technical and fundamental in analysing the market to have a profitable trading. Also include tge skills learned from past experiences to make trading worthy. Remember that this market is very unpredictable so there's no fixed strategy here. Choose what is suitable.
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
no offense, but these technical analyzes that you do, bring any results? because I see the commitment of those tradview guys, but they fail a lot in their analysis, that I wonder why they do not quit since it has not had good results. I prefer fundamental analysis, is more suitable for this crypto market
For day trading; technical analysis is a more useful tool.
I wonder if this works for bitcoin
For day trading; technical analysis is a more useful tool. A day trader, attempts to predict momentary changes in price. This can not be deciphered using fundamental analysis which deals on the product economics amd utility.
Fundamental analysis is most useful for investing and longer term trading
Fundamental analysis is most useful for investing and longer term trading
It doesn't seem like technical analysis or fundamentals has much affect on the price. It really just seems like the price is fueled by emotion and by manipulation.
There are periods where adoption rises but price actually falls and vice versa.
There are periods where adoption rises but price actually falls and vice versa.
Cryptocurrencies are the type of investment which is mostly fueled by greed/fear factor instead of logic. Therefore fundamental can be often more accurate if you are not a margin trader. But technical is also a must, especially if you focus on short term positions.
I use "trending" and none of the options. Fundamental and technical both makes bitcoin into something like forex which it is not, forex is something that has indicators that it follows and most of the time markets are predetermined to go where it should and you get results that you are expecting.
Moreover, bitcoin is unregulated and crazy which means one big thing and it can go anywhere, you can read a title saying bitcoin is now illegal in USA and we can see 1000 dollars even less in bitcoin price, or maybe in Oscars coming up someone will praise bitcoin and how it will destroy banks than we will have 10+ thousand.
Basically bitcoin price is all depends on news and trends, if you see it go up even a bit than it will go up a lot, if you see it go down a bit it will go down a lot. For example, when its 4200, if it goes down to 4100 than it will definitely go down to 3800 or so, when its 3600 if it goes up to 3800 than it will go up to 4000, so trends are what matters in crypto.
Moreover, bitcoin is unregulated and crazy which means one big thing and it can go anywhere, you can read a title saying bitcoin is now illegal in USA and we can see 1000 dollars even less in bitcoin price, or maybe in Oscars coming up someone will praise bitcoin and how it will destroy banks than we will have 10+ thousand.
Basically bitcoin price is all depends on news and trends, if you see it go up even a bit than it will go up a lot, if you see it go down a bit it will go down a lot. For example, when its 4200, if it goes down to 4100 than it will definitely go down to 3800 or so, when its 3600 if it goes up to 3800 than it will go up to 4000, so trends are what matters in crypto.
Each one to his own. The goal is to make profits. If that comes through your fundamental analysis, good. if you are pro in technical analysis and you understand graphs like pro, then that is good for you.
if you get nothing of the above, but still manage to earn consistent profits, then also it is wonderful.
There is no strategy that can give you 100% accurate results. So, you need to stick to the one that works best for you.
if you get nothing of the above, but still manage to earn consistent profits, then also it is wonderful.
There is no strategy that can give you 100% accurate results. So, you need to stick to the one that works best for you.
Really depends how you do involved yourself in crypto. If you're here for the long haul and doesn't want to be bothered by all this graphs then go fundamental analysis of coins which you wanted to invest. But if you're that type of person who loves to go full technical then specially if you're a day trading, then TA will fit your bill. Both are effective method, but not all can apply the method effectively.
It is really much of what works for us and not what is available to traders. The technical indicators are so many that one cannot really used all of 7them in analyzing the market but we can develop our trading strategies around two or more indicators in other to be able to make money from the market. Fundamentally, there are issues that do come into the market that always affects pricing and some times we would not prepared for those issues and if we depend only on fundamentals analysis the price will be swing against our directions. 
Really depends how you do involved yourself in crypto. If you're here for the long haul and doesn't want to be bothered by all this graphs then go fundamental analysis of coins which you wanted to invest. But if you're that type of person who loves to go full technical then specially if you're a day trading, then TA will fit your bill. Both are effective method, but not all can apply the method effectively.
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
I use technical because I see fundamental is similar like gambling, only whales use this method but not me. Technical analysis depend data ( number ) and that's reality, we don't know about future but we can predict with data. Every method is same but people with low education and never use stop loss makes all method looks bad when they fails. Use any method you know and never repeat the same mistakes.
I think we need both of them, but most of the traders used teachnical analysis for their daily trading, its easier to make a short term trade decision using technical analysis, fundamental analysis take more time and it's more suitable for long term, but traders need both of them to become a good trader and easier to make a decision when want to decide the term of investing or trading
I think each person will have his or her own judgment on Technical Analysis. Technical analysis will give us the basic knowledge when we do transactions but that is not all of the factors that make up this cryptocurrency market. This market is still small and manipulated so we have to choose to follow our own way of trading, unlike anyone who can get profit.
For me fundemental and technical analysis are both needed to gather information to make an intelligent decision in markets price action. When comparing the two i use fundemental analysis when i want to see if the token is continuously developing projects and has investors coming in and i do technical analysis to check if that token will go an uptrend, downtrend or sideways. So you use can those two to make an conclusive decision.
Although fundamental do move the price in most cases however technical analysis coupled with adequate knowledge in candlestick patterns is one of the perquisite needed in making profitable trades while trading with the higher timeframe of daily although at times prices do defies technical analysis.
in candlestick we will see the respresentative power between seller and buyer on market and the market direction, if it combine with market fundamental and sentiment it could be great strategy for us to earn profits. 
Although fundamental do move the price in most cases however technical analysis coupled with adequate knowledge in candlestick patterns is one of the perquisite needed in making profitable trades while trading with the higher timeframe of daily although at times prices do defies technical analysis.
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The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
You have to continue using the candlesticks formation to interpret the market before you invest but the problem which every crypto currencies traders and investors usually made is not using all the market analysis first to know which one works best for the current market because crypto market drift from one analysis to another and sometime what ones need to use is previous market history.
In my opinion, it's quite hard to make technical analysis in crypto. That's why many predictions didn't come true in 2018. Fundamentals work better here. And you will save a lot of nerves. Checking the graphics daily can be quite stressful. Although both methods can be used.
I Think technical analysis works well maximum time. In day trade I using technical analysis. I am watching fundamental news for entry and exit.
Just find any one you most are suited with and develop your trading skills towards it am sure it will make your transition much more easier than trying to earn all the jargons that will add more weight and fatigue to your brain Learn slowly and ditch MCI and RCI sometimes is just load of info
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