What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
You can use that both! Price action can determine using indicators. As of now, there is no surging in bitcoin price. You can see it by using fibonacci lines. Well, you can search how it works. Fundamental analysis is good also! But I do not depend in fundamental because I suspect every news to be a FUD. 
Topic: Price Action vs Fundamental (Read 311 times)
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Still having the bear market right now is an opportunity to be grabbed on since prices are low and chance of price bounce is huge. If you decided to go in here, on this industry you already decided for your money to go uncertain even you buy low there are no exact time to sell it high because of volatility. As a newbie, just try what you think will work based on what you are seeing and know about the market. 
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Best bear market approach for a newbie is to do nothing. Spend this time learning and wait for a strong reversal signal, then buy and hold. If you try trading in a bearish market without knowing what you're doing you'll get rekt. Understand your own capabilities and the current market and stay away.
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
You should just tried to be expert in interpreting price action in trading and just little knowledge on fundamentals analysis and you are good to go. I think as a traders you should be able to interpret candlesticks pattern and formations which brings both the technical and fundamentals issues into the current price action. What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Most of the fundamentals really are long term traders so when there's a bear market they try to bag some more and enjoy the sale. As they are very sure that it's just a hiccup of the market and they believe that their position will be more valuable than the price of the downtrend.
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards
:)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards. Thank you all, but both of you answered in the same way
By the way, answering topic, fundamental is somehow connected with price action yet you can utilize news events on such possible order would be made.
In this bearish market condition, as a newbie you certainly have no business trading, as it could easily be a waste pipe. I would rather you stay away from trading while using the time to gather more knowledge
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
That's depend your strategy, most people use price action to know market direction ( technical method ). Fundamental only use to take fast buy fast sell action, this is speculation ( whale ). Strategy is depend your knowledge and experience, as long you know how to use it glory will be yours.
I mostly making a decision depends on the fundamental results but price action also is important so earn some profit. Honestly, i am really confused which action to follow so i always set a proper expectation when to buy or sell that altcoin and also setting a stop loss. Today's market looks no longer following either TA or FA and i felt like a clear manipulation is running in the market. Safest thing to do for now is to do not invest more than 50% of your fiat so that you have your back up money for buy backs.
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards
:)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards. Thank you all, but both of you answered in the same way
By the way, answering topic, fundamental is somehow connected with price action yet you can utilize news events on such possible order would be made.
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
That's depend your strategy, most people use price action to know market direction ( technical method ). Fundamental only use to take fast buy fast sell action, this is speculation ( whale ). Strategy is depend your knowledge and experience, as long you know how to use it glory will be yours.
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards
:)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards. Thank you all, but both of you answered in the same way
the bear market happened a few days ago and I as a trader prefer price action because I need daily profit and this is important for my current trade. the trading fundamentals that I do are not significantly influential, maybe because this is FUD or fake news
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards
Yes, when the price up or down significantly, fundamentals will be good to be followed otherwise we can use price actions. In cryptocurrency trading, we could use both of the methods in combination. We just need to see what is happening. Whether the price moves normally or not.
I think one of the safe things a newbie have to do is money management. Don't be too greedy, the terrain might not be familiar and could be a fire spot for you. Patient also will be good for you while you watch properly to take a decision.
:)For major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards. 
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
None. Because if your goal in the bear market is to make profit, I'm sure you will be having a hard time specially a newbie like you. I would advise you to go to make a step backward and just see how the market moves. Of course if you really wanted to test the waters then go for it, but don't expect a good return because even a mid level trading will find it hard to survived in this bear market.
In crypto trading fundamental analysis is most profound compared to price action because fundamental moves the market meanwhile price action also work with a higher timeframe unlike the smaller timeframe due to the noises and high volatility more so technical analysis can also be helpful in your trading decisions but cryptos do defies TA in most cases.
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Depends on trading style. As a short term trader you need to consider real market balance for small timeframes. Fundamental analyse is not suitable for this type of "hit-run" trading which requires to react instantly on every single movement. Short term traders are looking for best setups on charts which can boost in 5 min-2 hour. In bear market short selling every pullback is good known common active trading strategy. Newbies should trade on demo accounts before jumping in train
for major correction fundamentals will be good after that you will see those movements in charts as price action if you are new wait for corrections until you see majority for bull candles above a good level than think of entering with good risk rewards
Price auction to me is totally out of the question,especially when you'll be auctioning your coins for lower than you bought them,there happen to be a lot of trading strategies,the veterans in trading are more familiar with them,and put them into effect in times like this..
But from my dawning knowledge about trading,i have come to understand that the safest means of trading for a noob,that requires no expertise whatsoever nor any trading skill, is hodling and patience,its basically easy to do,as long as you didn't invest all the money in your pocket...
When the price is then above what you bought for,then you can sell and make profits
Seems you have missed the point here. No one is talking about auctioning, we are talking about price action. Generally, for a while now in the market, I am sure anyone will know basically that fundamental analysis is not something you really do not want to be relying on which in this case, talking about some news and development as the market is highly speculative. However, when it comes to price action, it is basically a better way to relate with the market trend and possible reversal as far as I am concerned. You can combine the two, but relying only on FA won't do you any good, I would rather stick with price action alone if I have to pick one.But from my dawning knowledge about trading,i have come to understand that the safest means of trading for a noob,that requires no expertise whatsoever nor any trading skill, is hodling and patience,its basically easy to do,as long as you didn't invest all the money in your pocket...
When the price is then above what you bought for,then you can sell and make profits
As a newbie though, trying to trade a bear market is not a problem, but make sure you know what you are doing, have a plan and strategy, and be sure you can execute them without emotional involvement.
Price auction to me is totally out of the question,especially when you'll be auctioning your coins for lower than you bought them,there happen to be a lot of trading strategies,the veterans in trading are more familiar with them,and put them into effect in times like this..
But from my dawning knowledge about trading,i have come to understand that the safest means of trading for a noob,that requires no expertise whatsoever nor any trading skill, is hodling and patience,its basically easy to do,as long as you didn't invest all the money in your pocket...
When the price is then above what you bought for,then you can sell and make profits
But from my dawning knowledge about trading,i have come to understand that the safest means of trading for a noob,that requires no expertise whatsoever nor any trading skill, is hodling and patience,its basically easy to do,as long as you didn't invest all the money in your pocket...
When the price is then above what you bought for,then you can sell and make profits
I think the wisest thing a "newbie" could do during the bear markets is waiting, patience is the reason why rich people are rich. A person with 50 billion dollars that put about 10 million dollars into bitcoin doesn't care if his money is not 5 million dollars, he put that money down into bitcoin because he believes in the fundemental idea behind it and thinks it would be a wise decision to have some investments there but in the end he doesn't really care until that money is a lot more like 50 million instead.
However a dude with 2000 dollars in his pocket investing it ALL into crypto has a problem, when it drops to 1000 dollars he is really losing his money and gets anxious about what will happen next. Act as if you have billions and forget about your investment, the only way a newbie could make a profit during bear markets.
However a dude with 2000 dollars in his pocket investing it ALL into crypto has a problem, when it drops to 1000 dollars he is really losing his money and gets anxious about what will happen next. Act as if you have billions and forget about your investment, the only way a newbie could make a profit during bear markets.
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
The basic transaction will be good for the newbie. You will learn a variety of trading methods to reduce transaction costs and understand many different trading platforms. then you can invest in value, it's still not late.
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
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