Topic: Hype or fundamental or technical analysis? what is more important in crypto? (Read 298 times)

Marketing lol. A lot of people in the scene just get fooled by most of the marketing stunts by the projects. Either it's by hiring big names (more on streamers really) as their advertisers and/or tying their project to an existing aspect of the internet that's REALLY famous. It's basically free marketing for that part really, and includes them trying to spread the name making people "think" that it's a legitimate one.

As for identifying projects, there's nothing really solid about it unless you're part of the team. You're almost always going to end up with assumptions over assumptions. Most people just inevitably look at the project and check its state, check the economy, and make their own judgments. As for how to know which info leads to it being final or not, it usually varies from person to person since there's no set formula for an answer.

You will only be able to find out if you can get information directly from the project team. It depends on their decision at what price and when they decide to sell meme coin belonging to them, which will entail a dump.

I invest in fundamentals because I know that there is a valid reason for my investment to grow. Meme coins are shockingly popular and profitable but it's pure gambling. Buying a meme coin and gaining a huge profit is similar to playing slots with the aim of winning the jackpot. Yes, it's possible to win the jackpot in slots but it's very rare, and so are the meme coins, it's very rare to buy a coin that will rise a thousand times.

yeah! i got it! Hype is just temporary!! Thanks.

Well buddy it is very easy to check if the coin is already on the chart with a new ATH and still outperforming the market but the volume is getting lower this indicates that the coin is potentially in its late stage of hype, there some other things to note as well but you can identify by the volume in a few glances. Hype and fundamental both are important in crypto in parallel to perform. I've seen many projects fundamentally and statically with tokenomics super strong but not performing well why? becasue there is no strong marketing behind them like currently DOT, ADA and some other projects.

Hype brings volume which is the core factor for the performance and when it brings volume if the coin is fundamentally strong the Long-term investors take entry and support the project as the backbone, Just hype will bring a temporary boost in the other end. We can into further detailed information if needed to discuss it I'll be looking for your reply.

What solid projects have been released recently? Since I am not really aware of a single one hitting the markets during the past months, with that out of the way, this makes fundamental analysis almost useless as you can only use it with a handful of coins, however following the hype generated by a coin is not really a good strategy either, and that is because you are following the lead of others instead of anticipating the hype, but with the thousands of projects released each year this is impossible to do too, then the only reliable way to make money in this market out of those three options is with the use of TA.

Both are important. I usually use both but the fundamentals are way more important imo. If the fundamentals do suck, there is no need to do any technical analysis on the asset. If the fundamentals are OK, then I check the TA. If both TA and FA say "buy" then I listen to my gut feeling. If somehow I like the asset I will probably buy some. If either of TA or FA is crap, I usually ignore that asset. Identifying good buys require experience and knowledge. You know what they say about experience, it is the sum of your failures.

I think all of them are important depending on the project you’re looking at. Some projects strength’s before you can invest in them are based on their fundamental and technical analysis which is mostly the case of many projects that have long time prospects. Hype are mostly for projects that don’t last long but while some do last long, the hype can also help in the big investment in the project to last in the future. Depending on the complexity of the projects, you should know what befits it most and what you should look into before investing in them.

It all depends on what you are trying to achieve. Suppose you are a person who is looking to make a quick entry and a quick exit with as much profit as possible. In that case, you should probably go with projects that are overhyped which means they will have a higher possibility of pumping quickly followed by a quick dump after everyone sells their coins or tokens. This sort of trade would require you to be fast and knowledgeable about when to enter and when to exit the market.

If you are more into quality and you don't care whether a project takes more time to grow and nurture, you should do more research and make sure you are investing in projects with good fundamentals and a roadmap that can make it gain value over time. This area might not be as visible as meme coins since they are overhyped these days, it's way safer and better since it contains fewer risks.

Hype and fundamental also matter but we cant compare utility token to memes. These meme are bound by hype and does not embody much more useful utility at all. When theres a meme with a good community or supporters I guess that can sustain a potential green or bullish move on that project. Its all about support and hype with the community. You can noticed that when everyone is talking about it.

Yes, it is really just the same if we do speak about fundamentals or hype yet its always that pertains about news on which we know that it could give out that huge impact towards a coin/tokens value
specially on meme coins that it is really just that made out for meme or simply some joke coin that devs that continually on making. One of the main risks of a certain individual for them to be able to experience
is that on the time that they will really be dealing up with meme coins. On the liking that you do really want for yourself to become that profitable or become rich with it then you do make out that all in
kind of investing or buying. We do know that there would really be only two possible movement on which going up or down depending or basing up on the hype. On the time or moment that the hype is absent or gone or
nothing existent then the project wont really be going nowhere.

This is why its really that important that you should really know on how to have that kind of approach whether you would really be taking up the risk or not. People will really be
finding to be that sometimes be that too desperate when it comes to this manner because they do really want or like on becoming rich and this is why they do become
that become too impulsive and desperate on which this is something which isnt recommended.

Seeing the crypto market which is always fluctuating all the time, you have to learn more about things that are often forgotten in the basic part, as the main fundamentals. There is nothing better than focusing on the first goal, which is to find out for yourself. Many hype coin coins will become a fundamental sensation in hunting for a successful coin. There are many scams spread without a strong analytical basis. It is very interesting to invest in pump and dump meme coins in the near future when we have basic knowledge. creating an opportunity in that hype to make a profit once the market stabilizes again.

We cannot ignore anything related to the market or a coin, if we miss one, it will not maximize our analysis. Fundamentals and hype are actually the same thing, so they are inseparable parts because they come from news, while technical analysis is directly in the market from price movements and we can use the available indicators. That is why we must understand the whole thing about what we are going to do and we must all agree that we must learn first to understand all of these things, at least the basics. After that, while walking we can continue to update our knowledge and we can also learn from the experiences we have gone through.

Hype effect would be like this.
https://x.com/naiivememe/status/1832195826849845522

Watch the short video and you can understand big risk of hype, at the end, very few people participated in the hype project can be exit safely. Most of them stuck in a death hole without any chance to escape. It is not like someone will come and rescue you because in investment and trading, you are doing it with your own capital and if you lost all your capital, nobody can help you or rescue you. It's different than normal rescue in life.

Yes, nothing beats out if we do speak about hype and this is a solid thing that makes a project would really be flying into the moon. This is why its really that important that you do really know on how to distinguish into those meme coins that does have that strong community. Knowing it before hand or on early phase? This would really be the toughest thing i would say.There's no way that you could be able to know on when
a certain coin would really be making its moonshot movement since community hype is something unpredictable plus the involvement of tons of whales that would be driving on with the hype then you would really be
definitely be able to say that it will really be going to the moon and for you who do keeps on observing will really be left out. This is why on making up positions then it will really be that a matter or risks taking.
Whether it would be a profit or a total loss then it would really be depending into your choice or decision.

When dealing up with meme coins then technical analysis or fundamentals isnt really something that will be applicable. There would really those moments that you will be skeptical on doing
such action because you would really be having that kind of thoughts whether it would be worthy to take risks or not. We dont like on losing money and thats why making
decisions will really be not simple everytime.

lets be honest here, hype wins, what even fundamental anyways?

doge reached $13 billion dollars market cap because hypes, same thing with SHIB, WIF, PEPE or any other big market cap meme coin, and despite not having fundamental to back it up, they can apparently hold up their market cap from decreasing pretty well compared to other coin that supposedly have fundamental and utility.

at this point, i think fundamental is overrated and hype always wins, as it did to other investments as well.

Or better yet, keep your funds in solid projects such as the long running ones which are included in the top 20 coins. Most new projects driven by hype are usually short-lived, meaning, if you haven't caught its peak to sell, you will likely end up holding bag of useless coins or tokens.

Some of the features that you need to consider when you are looking for more long-term projects -
 > actual developers (as much as possible they are not anonymous, quite easy to exit if it is anon proj)
 > have actual product/service - with considerable number of active users, with actual usage, it can sustain the existence of the project
 > presence in the market - is it known or not? also in the trading market - is it available in most trading platforms?

You can say that the hype starts the project, but the fundamentals keep the project going. The hype becomes part of the fundamentals. The hype for a project is good, but the bad side is that you can never know when a hype is organic or when it has been falsely and inorganically generated by the company behind the coin. That is why the hype is never really trusted, and most people investing in new projects based on hype are taking a gamble. If you are not comfortable investing in new projects based on hype, you can wait for the fundamentals.

Hype will not last long because it is going to fade and other projects will get the hype that you were once getting hence you shouldn't be depending on hype to invest into a project. Cryptocurrency that depend on hype fades quickly and they don't have anything to offer. Projects that use hypes are memecoins that don't have any utility but projects that have utility shouldn't depend only on hype but build their community and project to offer a good service for their investors.

Projects with strong fundamentals are going to last longer than project that depends solely on hypes. Projects that are getting hyped are being sponsored by whales that have already bought the projects during seed phrase and want to sell their tokens to you because with money, you can get your tokens to be trending through hype.

Literally I will say hype creates the high volatility we have on cryptocurrency, I will even place hype as part of a fundamental strategy, if there is new developments today like say ETF or the blockchain records something exciting you would see people bringing the hype to it and this actually usually pumps the coin in question or if it’s a negative narrative it spreads FUD which actually dumps the coin but it is usually for a very short period of time because one’s the hype or FUD dies down the coin price takes correction. A clear example was the ETF hype.

The memecoins are not utility tokens and as such trading them means you’re gambling, the thousands of its tokens are usually developed to support a social media hype and it is always for a very short term except when the team locks liquidity and wishes to withhold the hype like the dogecoin and its likes. But when you trade memecoins one needs to just buy the hype and run because it is always bound to crash as most of its developers Rugs it immediately after making money from it

as much as I would like to say that fundamental and technical analysis play a big role in crypto valuation but I can't deny that most of the people in crypto also just seek pure volatility and so many times disregard fundamental and technical analysis .

it's like how in stock there's sometime some stock that got hyped up, recently it's NVIDIA, back then it was GME. same thing actually played out in crypto market but at larger scale meme coin is just one of them.

just see the recent tap swap project like not coin and dogs, literally no utility at all yet valued billions or hundred millions. doesn't seem feel right but it is what it is.

I think pretty much we can also sum up that if you want to hold long term, just buy based on fundamental and technical analysis but if you want to speculate for short term, buy the hypes and ride it.

That "popularity" is just due to hype, speculation and FOMO.

When trading memecoins, it's more of a gamble because it hard to know if the token will just dump or get rugged by the devs any second. Yes, sometimes a few people get lucky, but a majority make loses.

Hype is just temporary. If you decide to trade basing on hype, then you shouldn't be so greedy and always exit the market when the hype is still there. Do not wait for the "last" stage.

All you have mentioned are very important in crypto trading, before you can go into any investment, you need to run a check on the way of performance of any coin in consideration, check on its hype from the market volume, market cap and its recent performance, then you may also need to understand the required ways to get on all these without receiving false information's online about any coin you are having in mind, after these, one can go on in conducting the fundamental and technical analysis altogether.

What is important in crypto for what? You only consider the increase in price?

Then nothing matters at all, other than demand and supply but it can be created for coins that have no fundamental thing but for long-lasting growth the most important aspect on crypto should be fundamental.

We all thing Doge coin has no use case in IRL but they do, they are preferred for payments when fee on bitcoin and ETH is higher.

Memecoins are pure hype. These coins do not have a user case and no business case either. So they can't really have fundamental values. The same thing applies to 99% of the active cryptos.

If you are talking about fundamentals, then Bitcoin and ETH are the only cryptos with actual user cases and business applications. Rest all are shitcoins.

There's no specific ways to identify the hype. But if you suddenly see the crypto magazines have started talking about a certain crypto, that might trigger some hype.

What do you mean by fundamental?
All projects are after the hype they will get from their community, and because of this, they do organize several ways of given awareness about the project which I think is what you mean by the fundamentals. They are all creating ways to give awareness about the project so that the project will get hype and it will be fully recognized in crypto space because the hype makes the project get value and it attracts investors because every investor will want a project that is been hyped so that they will be a sure of their money.

Actually totally depends on certain market. We do know that on DEX there are tons of meme coins lurking out there on which making up some launching every now and then and it keeps going
continously and there are really indeed tokens which do really ends up on having thoat 1000x on which this had been caused because of too much hype and strong community.
There's no way that technical analysis would really be working on this one and this is why its really that hard when you do deal up with meme coins. This is why it would really be just that a matter
of preference on where you would really be finding yourself to get involved with. To meme coins or would be going into those established coins like Bitcoin or ETH or some top altcoins?

In speaking about technical and fundamental then it is really just that normal that it will really be that so important because you cant be able to just simply deal up with a market with
having that random entry and exits towards coins. It would really be that important that you should really know at least on what you are really that dealing with.
It would really be just that normal that these things wont work on meme coins and this is why you should really be aware at least.

Those three mentioned is important in crypto if you are into trading since you need to know more about those situations to increase your chance to gain. If you focus on single criteria towards on your decisions on trading then provably you gonna missed out those important thing to consider.

But if you apply and verify on what's current happening by watching those things then provably that you might get an idea on where the market is heading. Multiple sources of information is important so that we can improve and always do good decisions on our possible trades. Lots of people want to short cut because they want fast profit but usually what happen to them is they fail because they always commit mistake on their trades.

If you want to be more practical here, you can buy some of those meme coins that is currently  being, also buy some of the native token of those solid projects you are referring to, hold those coins and tokens for an interval of two to four year and see the one that can survive the test of time. What you need to understand is that most of those memecoins will not survive after now because they are just a pump and dump token and after it has dump, it might not pump again. It's nice to invest in them when you have a better knowledge and understanding on how to maximize profit from it.

The hype is also part of fundamental analysis. In the last bull run, people hyped Solana meme coins and some of the meme coins increased significantly in price before their price started to decrease also significantly. While some people went for celebrity tokens and lost money which some people knew already that it would be pumped and dumped.

But as you can see also, these are very risky. Some people can not take the risk and go for a better coin like bitcoin instead of gambling with altcoins.

Some people go for a better coin like bitcoin and avoid gambling. These kind of people will depend more on other fundamental and technical analyses. Those that are holders will prefer fundamental analysis while traders will prefer technical analyses and also with fundamental analysis.

In cryptocurrency market that is very volatile and full of scams, it's nothing better than being intelligently and focus on fundamentals.

By focusing on fundamentals, you will filter thousands of projects in cryptocurrency market and get very few projects left with possible good fundamentals. Your assessment on their fundamentals can be wrong but by doing these steps, you reduce risk to be scammed easily in this market.

Fundamentally, Bitcoin is your best choice in this market.
21 millions bitcoin in total supply, capped, not changed.
It has been already tested in this market since 2009, an oldest cryptocurrency and also a strongest one.

Recently we can see that meme coins which have no fundamental or usecase are gaining popularity over solid project. Now i have a question- what is most important in crypto? hype or fundamental? And how can I identify that hype of any project is at it's last stage?