Topic: TA or FA which is a better choice for market speculation. - page 2. (Read 745 times)
Do not forget that most often this choice depends on the situation on the market. Often this really requires a more careful approach, because the situation is rather ambiguous.
FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
TA and FA are not the same way but they are to achieve same purpose. Basic thing about TA is that it is chart and can be followed accurately for future, history do repeat itself and trading pattern also happen often times. As to the FA, they are temporal like information or news but very capable to cause high volatility that will bring lose. However it is better having the both knowledge because it prepares us more for what is to come.
FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
Both traders and holders make use of FA and TA, it depends. An experienced person will first consider to use TA before he buys bitcoin to hold at all, a day trader can decide to open position in direction a news favour after the TA indicates such direction as well. It may change very drastically only in few time frame. that is why for daily trades, TA is very important, moreover supported by FA because sometimes, sudden news is influencing.
Exactly the later I am talking about above, but we should be careful of FA, we should still make use of TA in addition to FA if we are day traders because FA can fail sometimes, like the last time Microstrategy bought bitcoin, we expected the price of bitcoin to increase but it decreased. FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
TA and FA are not the same way but they are to achieve same purpose. Basic thing about TA is that it is chart and can be followed accurately for future, history do repeat itself and trading pattern also happen often times. As to the FA, they are temporal like information or news but very capable to cause high volatility that will bring lose. However it is better having the both knowledge because it prepares us more for what is to come.
FA may be used mostly by holder. But for me, combining both FA and TA will help much in order to decrease the risks. Although I am not good enough in TA, at elast it is added by FA to be considered. Moroever I am not a daily trader, so this may not really need to use much TA.
I also think so. Bitcoin may be volatile and altcoins will follow the market trend of Bitcoin. But this is the general thing. WHat happen in the market for altcoins itself is that each altcoin has its own volatility and mostly they are highly volatile. It may change very drastically only in few time frame. that is why for daily trades, TA is very important, moreover supported by FA because sometimes, sudden news is influencing.
Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail.
I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does havenews or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall
you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could
easily fucked up any analysis out there.
TA and FA are the most important in trading, they must partner in crime when you are in trading. Your main tool to speculate is TA and it should be supported by the FA. Because as of now, the most trend will follow every fundamental had, it will depend on the news which has an impact on the BTC price. But always remember that these are all tools in trading only, there is no assurance or guarantee that they will forecast an accurate result upon predicting the market trend.
Its true that market is really highly reactive to news and events and this is where fundamentals do set in but we know that not all the times we are really seeing some news thats why it is sensible that you
would be switching up from technical analysis which is something that needs to understand and learnt.
Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail. When you are trading, the technical analysis you will use for altcoins is different because when the fund you are trading with is not yet liquidated for bitcoin, it might have liquidated for altcoin. The coin used in trading can also bring about loss.Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
But do not be deceived by this, altcoins are more volatile than bitcoin, there are some things to consider like the leverage used, the liquidation price and knowing that altcoin can fail. When you are trading, the technical analysis you will use for altcoins is different because when the fund you are trading with is not yet liquidated for bitcoin, it might have liquidated for altcoin. The coin used in trading can also bring about loss. I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does havenews or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall
you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could
easily fucked up any analysis out there.
TA and FA are the most important in trading, they must partner in crime when you are in trading. Your main tool to speculate is TA and it should be supported by the FA. Because as of now, the most trend will follow every fundamental had, it will depend on the news which has an impact on the BTC price. But always remember that these are all tools in trading only, there is no assurance or guarantee that they will forecast an accurate result upon predicting the market trend.
I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Both are important if you do know on how to handle up yourself on market conditions because not all the times where the market does havenews or fundamentals which you could make use of but its up to you on where you do make out some focus whether on TA or FA but in overall
you could really see the significance on both things basing on condition.If there's some news then TA might not be relevant because it could
easily fucked up any analysis out there.
As traders in cryptocurrency trading what kind of framework of analysis do you prefer best to be taken (as an approach) into consideration when it comes to speculating the future of the market (when to buy and sell), be it on a long term or short term?
Is it with: TECHNICAL ANALYSIS
or
FUNDAMENTAL ANALYSIS.
I'll like to throw some light about the above mentioned analysis for the benefit of those that have a floating or no knowledge about both. So as to accommodate a wide range of opinions.
Now, simply put, Technical Analysts believe that "past price movement can dictate future price movement". Technical Analysts don't try to find out the intrinsic value of an asset, rather, they look at historical trading activity and try to identify opportunities based on that.
On the other hand, Fundamental Analysis is a framework that aims to identify the "true value" of an asset. Analysts here study the economic and financial factors to figure out if the market valuation of an asset is fair, etc.
SOURCE: bit.ly/AcademyEBook2
bit.ly/AcademyEBook1
From the above explanation which could you as a trader possibly go with and why?
Let's discuss.
I think identifying the true value of an asset in Cryptos is pretty difficult not only because generally in stock markets intrinsic value or true value of any asset in stock market is derived using the cash flows which is not the case with crypto markets because no cash flows are really involved here. So I feel best is to try with technical analysis only. I think fundamental analysis is entirely different in Cryptos you study the whitepaper and take knowledge about the project and see how viable it is. But in this you can be successful only if you are into technology. Is it with: TECHNICAL ANALYSIS
or
FUNDAMENTAL ANALYSIS.
I'll like to throw some light about the above mentioned analysis for the benefit of those that have a floating or no knowledge about both. So as to accommodate a wide range of opinions.
Now, simply put, Technical Analysts believe that "past price movement can dictate future price movement". Technical Analysts don't try to find out the intrinsic value of an asset, rather, they look at historical trading activity and try to identify opportunities based on that.
On the other hand, Fundamental Analysis is a framework that aims to identify the "true value" of an asset. Analysts here study the economic and financial factors to figure out if the market valuation of an asset is fair, etc.
SOURCE: bit.ly/AcademyEBook2
bit.ly/AcademyEBook1
From the above explanation which could you as a trader possibly go with and why?
Let's discuss.
I agree that both TA and FA are quite important. We are talking about something that would be beneficial for you if you know what you are doing and backing it up with data. Doesn't mean that it will always be %100 right, there are times when you or the data could be wrong, or unexpected news could crash all of the expected stuff, but that doesn't mean you should be trading willy nilly without any shred of data backing your position. You should trade with both TA and FA together, but also should be careful about anything that could go wrong, if you are prepared for it, then you will be doing much better.
Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
Aside from that, TA and FA are important in seeing all angles when you are trading the coin. This will broaden your knowledge on what is happening with the coin's market and so you will have more better approach when it comes to trading. Don't limit yourself to one tool only. As much as possible, get information as much as you can. The more you know about the coin, the better your chance of making good in the trading area. This is why, it is also helpful if you will subscribe to the coin's social media channels. Sometimes they will give you the hint where the project is heading to.
...
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading.
Apparently, we can't appreciate things if we tend not to use them in actual scenarios.
You're right, I really couldn't give any advice or anything that has to do with the BTC market right now, there are many fundamentals, and the truth is that I prefer to think as if I were a whale, and a whale would really panic when trading , maybe that is why the BTC market has dropped so much in price, because somehow the investors have had a lot of panic and have put their money in gold or other investments that they see as safer, or maybe they have passed it to a stablecoin, it is not known..There are many scenarios to happen, suddenly we are speculating on this right now and tomorrow we could see that BTC recovers and reaches $100k, everything is possible.
Depends on what you studying really. There is entirely different perspective to bitcoin TA and altcoin TA. I mean it’s very obvious bitcoin gives you whole new trading patterns all the time while altcoin will always follow bitcoin path. For alts its fact and fundamentals that they depend on bitcoin a lot. So many times it’s possible to forecast altcoins next move if you have understood bitcoin analysis.
...
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading.
Apparently, we can't appreciate things if we tend not to use them in actual scenarios.
when making speculative guess as to what will most likely happen in the future and make your trade based on it. It's not 100% we all know that, but at least the trends might help you identify opportunities. If it doesn't work on you, then find another indicators. So it's a learning process as you continue to educate yourself. But yeah, it is TA that I most rely on when making my trading/investing position.
I don’t think I have seen a trader that would say that they are not making use of fundamental analysis instead of technical analysis, majority of them, if not all, in the market has to rely on technical analysis when they are trading.So it is the norms, although it’s also good that we traders look into making use of fundamental analysis to look into a coin very well and understand it, because it’s not every time that technical analysis works. Combing technical analysis along with fundamental analysis might be having more percentage of winning chances but for that you must need lots of time to have such a mixture of analysis.
Doesnt matter on which one you would choose yet you could make use of the two depending on your action towards this unpredictable market.
Act accordingly on whatever you do see that it would really be that effective, you wouldnt know unless you do try.
when making speculative guess as to what will most likely happen in the future and make your trade based on it. It's not 100% we all know that, but at least the trends might help you identify opportunities. If it doesn't work on you, then find another indicators. So it's a learning process as you continue to educate yourself. But yeah, it is TA that I most rely on when making my trading/investing position.
I don’t think I have seen a trader that would say that they are not making use of fundamental analysis instead of technical analysis, majority of them, if not all, in the market has to rely on technical analysis when they are trading.So it is the norms, although it’s also good that we traders look into making use of fundamental analysis to look into a coin very well and understand it, because it’s not every time that technical analysis works. Combing technical analysis along with fundamental analysis might be having more percentage of winning chances but for that you must need lots of time to have such a mixture of analysis.
TA and FA are valuable to reach a determination and theory however recall that they are only an instrument to anticipate the market value, we ought to realize that we don't have the foggiest idea how precise they are after making such hypothesis. The specialized pointers when observed intently are awesome to conjecture the future event of the market yet fundament.
I agree with you, I think that a person who manages to combine these two analyzes, plus personal analysis and who is close to reality, would be winning, I always try to do that, but sometimes I don't have a complete understanding of the market, and if I keep insisting because I would lose a lot, because I don't have full understanding, so in these cases what I do is not operate, what I dedicate myself is to see the market and see if it gives me an opportunity to enter according to my criteria and if my vision of the market is the correct one, because otherwise, it is like entering a casino to gamble, and that is not recommended in trading.
when making speculative guess as to what will most likely happen in the future and make your trade based on it. It's not 100% we all know that, but at least the trends might help you identify opportunities. If it doesn't work on you, then find another indicators. So it's a learning process as you continue to educate yourself. But yeah, it is TA that I most rely on when making my trading/investing position.
I don’t think I have seen a trader that would say that they are not making use of fundamental analysis instead of technical analysis, majority of them, if not all, in the market has to rely on technical analysis when they are trading.So it is the norms, although it’s also good that we traders look into making use of fundamental analysis to look into a coin very well and understand it, because it’s not every time that technical analysis works. Combing technical analysis along with fundamental analysis might be having more percentage of winning chances but for that you must need lots of time to have such a mixture of analysis.
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