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Topic: TA or FA which is a better choice for market speculation. - page 5. (Read 804 times)

full member
Activity: 1303
Merit: 128
If you are up only for speculation then just go with the fundatemental analysis but if you wanted to know what the possible market can show and with backup proof hen I think you should go in technical analysis. I think more people rely on technical analysis since it is more accurate rather than the fundamental analysis.
I think TA are for speculation while FA works for long term holding.
You can actually use both for the good benefit, because these two can also work with each other and some investors really prefer to use both. Personally I use TA more since I do trades and I see it as effective, better to think for a strategy that can work for your own timeline, either for trades or for long term holding. TA and FA can be your best guide to make profit, understand this two and their functions on this market.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
OP, for plebs like us, I am a strong believer of the HODL based on the Fundamentals of a coin, and the best in my opinion, would be Bitcoin. Because the problem with Technical Analysis is, there are people in the market who are hungrier, more talented, and more skillfull than us. Technical Analysis also doesn't work 100% of the time because more and more talented traders already know about it and they can counter-trade your trade.
I also think that bigger players can manipulate the market because they already seeing the market direction through the charts and they can hodl longer from selling or buying until the small traders get exhausted in the market getting RSI hodl overbought a longtime without reversal. Banks are capable of doing the manipulation as they have plenty money to lock around the market.
Whales could manipulate the market but to a degree, they can't manipulate everything and not that easily for most as well. You have to remember the crypto market reached to a level where it is a whole market and just one person can't really change it. Sure if you find a small cap coin and put 10 million on it to pump/dump then you could do that, but for most coins at the top level that is no longer a possibility.

This means that it would require billions and billions to change the price. Last time one person did it, it was 1.5 billion from Elon Musk that changed the price and the news of it impacted more than the money itself. So, I doubt whales would be able to do anything for the top 20.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
A better trader is one who can combine both during analysis. But for long term trades the best analysis to rely more on is fundamental analysis. For day traders having a confluence between fundamental and technical analysis can decide which trading pattern to adopt depending on the structure of the market and the time frame you choose. I think both FA and TA goes hand in hand
Indeed, traders must have to use them if we pursue to reach our goal.
But based on my experience, it was been noticed that TA is somewhat very important. Well, having them both gives us the advantage but never we could just think that it all be fine. What just these things help is to have good market judgments but apart aside that, using the other trading tools will somehow give a boost chance.
To be a good trader you need every possible help you can get. So knowing both is good and maybe a must. When I was trading for living I used every tool possible and still was hard to be profitable.
Fundamental news moves the price of cryptocurrencies while Technical Analysis reveals the likely direction of the price thus the combination of both TA and FA is very crucial and important for a trader, I always pay attention to any crypto related news after utilizing TA to place a trade having taken a cognisance of the fact that any latest negative news will have an instant impact on my current trade, infact the rate at which the price dump or pump in an event of any new is usually very massive that is why traders are encouraged to use Stop Loss in trading to minimize or cut risk.
hero member
Activity: 2730
Merit: 632
If you are up only for speculation then just go with the fundatemental analysis but if you wanted to know what the possible market can show and with backup proof hen I think you should go in technical analysis. I think more people rely on technical analysis since it is more accurate rather than the fundamental analysis.
There's no such thing about being accurate whether on fundamental or technicals since we know that it could neither bite or not in terms of results whether it would go along or would totally go oppose on that thing.
Its up to personal choice whether you do make use either one of them but it would be good if you do know both things since you could really make out some adjustments
depending on the situation or condition that you are facing on.Doesnt matter if FA or TA as long it do works for you then that what matter the most.
legendary
Activity: 1554
Merit: 1139
When it comes to trading, news do play out often, especially when dealing with FX trading but for cryptos, it becomes a slightly different story as the biase isn't entertained by most persons. A lot of traders might feel indifferent and the trend would just continue. That's yo say, fundamental analysis comes with an importance that could not be over emphasised. It is at this point that most trends get to change.

When it comes to technical analysis, though important and could easily be used to check the dominant group in the market and determine the directik of the market especially points of breakout and trend continuation but, it could be really tricky too. For me, I find fundamental very important as, it could break change trend directions.
sr. member
Activity: 2366
Merit: 332
OP, for plebs like us, I am a strong believer of the HODL based on the Fundamentals of a coin, and the best in my opinion, would be Bitcoin. Because the problem with Technical Analysis is, there are people in the market who are hungrier, more talented, and more skillfull than us. Technical Analysis also doesn't work 100% of the time because more and more talented traders already know about it and they can counter-trade your trade.

I also think that bigger players can manipulate the market because they already seeing the market direction through the charts and they can hodl longer from selling or buying until the small traders get exhausted in the market getting RSI hodl overbought a longtime without reversal. Banks are capable of doing the manipulation as they have plenty money to lock around the market.
legendary
Activity: 1960
Merit: 1026
If you are up only for speculation then just go with the fundatemental analysis but if you wanted to know what the possible market can show and with backup proof hen I think you should go in technical analysis. I think more people rely on technical analysis since it is more accurate rather than the fundamental analysis.
full member
Activity: 1204
Merit: 162
A better trader is one who can combine both during analysis. But for long term trades the best analysis to rely more on is fundamental analysis. For day traders having a confluence between fundamental and technical analysis can decide which trading pattern to adopt depending on the structure of the market and the time frame you choose. I think both FA and TA goes hand in hand
Indeed, traders must have to use them if we pursue to reach our goal.
But based on my experience, it was been noticed that TA is somewhat very important. Well, having them both gives us the advantage but never we could just think that it all be fine. What just these things help is to have good market judgments but apart aside that, using the other trading tools will somehow give a boost chance.
To be a good trader you need every possible help you can get. So knowing both is good and maybe a must. When I was trading for living I used every tool possible and still was hard to be profitable.
hero member
Activity: 2982
Merit: 610
A better trader is one who can combine both during analysis. But for long term trades the best analysis to rely more on is fundamental analysis. For day traders having a confluence between fundamental and technical analysis can decide which trading pattern to adopt depending on the structure of the market and the time frame you choose. I think both FA and TA goes hand in hand
Indeed, traders must have to use them if we pursue to reach our goal.
But based on my experience, it was been noticed that TA is somewhat very important. Well, having them both gives us the advantage but never we could just think that it all be fine. What just these things help is to have good market judgments but apart aside that, using the other trading tools will somehow give a boost chance.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
A better trader is one who can combine both during analysis. But for long term trades the best analysis to rely more on is fundamental analysis. For day traders having a confluence between fundamental and technical analysis can decide which trading pattern to adopt depending on the structure of the market and the time frame you choose. I think both FA and TA goes hand in hand
legendary
Activity: 2898
Merit: 1823
OP, for plebs like us, I am a strong believer of the HODL based on the Fundamentals of a coin, and the best in my opinion, would be Bitcoin. Because the problem with Technical Analysis is, there are people in the market who are hungrier, more talented, and more skillfull than us. Technical Analysis also doesn't work 100% of the time because more and more talented traders already know about it and they can counter-trade your trade.
member
Activity: 71
Merit: 22
In my little trading experience, I learnt that Both Technical Analysis (TA) and Fundamental Analysis (FA) should go hand-in-hand. It is known that majority of traders focus only on TA (Line chart, Bar chart, candlesticks chart, and various indicators) to forecast market price movement. While this approach to trading might not be wrong, it might be risky.

As traders, we all know that the things responsible for movement in market prices and creation of Demand (support) and Supply (resistance) levels—appearance of candlesticks (proportion of candlesticks bodies to their shadows)—situation of Order blocks (OB) and Point of interest (POI)—nature of the lines drawn on the RSI, to mention but few, are all due to the behind-the-scene war that is constantly happening between buyers and sellers in the Economic space (this war is also affected by social and political forces).

This meaning that FA are the basis of price movement in the market, and to neglect it is to open oneself to a lot of risks. To further support this motion, I remember when I was learning to use Trendline, I learnt that one of the things that can be against you in trading is News. News from Economic, Social and Political world all have drastic effect on the situation of things in the market. So while we are learning to be experts in TA, we shouldn't be ignorant of FA because it might save us from a lot of unpleasantness/disappointment in our trading endeavors.
hero member
Activity: 2954
Merit: 796
I'm an FA guy but I'll you that it's more profitable to get into TA. I'm that type of guy that loves to look at the news most of the time and I've seen that there was usual news that doesn't really affect the market in instant.
So that's why, if you're into analysis, you better learn and master the TA. That's for someone who relies on the market and his profits through trading.

FA is indeed what matters most into crypto because no matter how bullish the chart is but there's a bearish news, Dump is inevitable in that particular scenario and we all knew that. TA is good when there's no news that gonna impact the price so its important to check first for FA then proceed to TA.
sr. member
Activity: 1050
Merit: 250
I believe that if you will both Technical Analysis (TA) and Fundamental Analysis (FA) will be a good combination.
But for me, Technical Analysis (TA) is the main key here if you are especially active in trading like you are a day trader. Because there are times when Fundamental Analysis is bullish but in your Technical Analysis is bearish, I rather support my Technical Analysis if so.
from technical analisys atleast 50%+1 we will know how market will moved, alot reversal or continuation signal that provided in technical analisys. alot traders use this technique in their open position and sometime prefer deny news analisys which is usually could anticipated in TA. combination both of them will give us good result in short term or long term investment.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
I'm an FA guy but I'll you that it's more profitable to get into TA. I'm that type of guy that loves to look at the news most of the time and I've seen that there was usual news that doesn't really affect the market in instant.
So that's why, if you're into analysis, you better learn and master the TA. That's for someone who relies on the market and his profits through trading.
hero member
Activity: 2114
Merit: 603
In the end both of them needs to be studied. Trading is complex process and its literal byproduct of multiple factors happening around the globe. For example, bitcoin trading might seem easy to predict. You know Like in long terms we know that it’s gonna go up only however then comes fundamentals where we come across thoughts like government bans, IMF and G20 taking down the crypto and what not leading to bitcoin devaluation. Now see here comes the point where we need to weigh TA higher than FA or vice versa. In my opinion both of them needs to be studied properly.
full member
Activity: 628
Merit: 154
Knowing and learning the two will give you better advantage in the trading market.
But aside from that, if you are trading a particular coin, you should also educate yourself about the updates of the coin.
Those TAs will not help you if you have no idea what is happening on the coin itself.
You may be looking at the graphs, but you have no clue of why they do have that kind of trend in the market.
Joining the social media channels of the coin will also give you hints on what the team is planning or where the coin is heading at.
Fundamental analysis includes news. What you are saying of following the coin updates can be covered on fundamental analysis already. If you don't follow the coin updates but your only using technical analysis, I think you will still get curious on why the price is dropping and after that you will check the news of the coin but it can be too late for you already.

T.A's are more than looking at the chart right? But it also involved using indicators and other complicated tools, so it's hard for someone that is only starting in trading but F.A's can be easy because your only basing your decisions or prediction on the news and events that are currently happening.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I believe that if you will both Technical Analysis (TA) and Fundamental Analysis (FA) will be a good combination.
But for me, Technical Analysis (TA) is the main key here if you are especially active in trading like you are a day trader. Because there are times when Fundamental Analysis is bullish but in your Technical Analysis is bearish, I rather support my Technical Analysis if so.
What happens is that fundamental analysis can tell you that an asset is ready for an upward movement but it is not going to tell you exactly when that is going to happen, and we know that your timing is critical when it comes to making money in the markets, so if your technical analysis is telling you the market is not ready to go up then you need to listen to it, but you should always keep your eyes open so you are ready to get in the market as soon as both your FA and TA agree and give you a buying signal.
legendary
Activity: 2506
Merit: 1394
I believe that if you will both Technical Analysis (TA) and Fundamental Analysis (FA) will be a good combination.
But for me, Technical Analysis (TA) is the main key here if you are especially active in trading like you are a day trader. Because there are times when Fundamental Analysis is bullish but in your Technical Analysis is bearish, I rather support my Technical Analysis if so.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
For me, I prefer fundamental analysis, because I simply do not like the intricacies of technical analysis, especially that it makes mistakes often due to the constantly changing nature of the market and the difficulty of repeating history accurately. Yes, it succeeds often, but it is difficult to predict the market movement 100% based on the study of movement The previous one because many circumstances occur and force the market movement to change, which leads to a change in the price movement based on the new data, so I think it is better to rely on fundamental analysis in trading.
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