technical or fundamental ? | Bitcointalksearch.org

pitiflin

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Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

Firstly, learn the difference between the two : https://www.investopedia.com/university/technical/techanalysis2.asp
Just making a thread asking about something would be of no use. Do your own home work.
Bitcoin prices don't move. They fluctuate. And that's because of the market demand and supply.

dunfida

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Quote from: The Sceptical Chymist on April 18, 2018, 08:57:29 PM

Quote from: odolvlobo on April 12, 2018, 03:36:09 AM

Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

The analysis analyzes movements, it doesn't cause movements. Anyway, technical analysis is a pseudo-science, similar to astrology, where predictions are made according to methods but the methods are not based on facts or evidence.

Glad you called that one, because I suspect people like OP just read words and don't understand what they mean--at all.

My question is, how do you even begin to perform fundamental analysis on any cryptocurrency? I've pointed this out before: Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock. Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down. In other words, what exactly are the "fundamentals"? They can't be the same things analysts use to analyze stocks.

Second, I think technical analysis is a bunch of bullshit. The list of the wealthiest individuals in the world does not include any technical analysts--that's evidence to support my claim. Watching charts does nothing, since price movements are mostly random.

Maybe a bullshit thing for you but we do know the fact that most traders been using up those technical analysis as a tool into their tradings.Its just a matter of preference on where we can able to make effective trading then we would supposedly to believe those things later on and would be applied into our future trades and that's how it works.Ive seen some stocks and forex traders specially on top tiers which do make naked tradings without indicators with just using up only fundamentals that isn't really applicable into crypto.

Sidiq SP

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I think the analysis of bitcoin movement through fundamental analysis, because we know that this Technical emphasis on financial ratios and events that directly or indirectly affect financial performance, fundamental analysis techniques are perfect for making decisions in choosing to invest in the long term, so we will have more advantage if we observe the bitcoin movement

Ranly123

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Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

Bitcoin price does not move by any analysis. Technical and fundamental analysis only analyze the movement of Bitcoin. For me, the main reason why Bitcoin price moves is due to the demand and supply in the market. I don't think of anything else unless there is someone manipulating it's price like a syndicate.

Valer4ik

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Estimating the dynamics of short and long positions of various market participants, it should be understood that a short position in the bitcoin futures market does not necessarily reflect a negative forecast of the trader at the price of the underlying asset.

Topaz72

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Quote from: Docafid888 on April 19, 2018, 09:42:49 AM

Fundamental analysis affect the most of it, and its based on whale as well as they control the news too. When technical just affect a little.

To me both has some effect as we say fundamental is good to short time but the technical is better for long time but I think the movement of the bitcoin mainly by the technical analysis, we all are aware if it that bitcoin currency is going to through some increase in the price, but it is not good to choose one as I said above we should use both at the same time use to mixture of both the fundamental and the technical analysis.

Docafid888

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Fundamental analysis affect the most of it, and its based on whale as well as they control the news too. When technical just affect a little.

mikyadel

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Both have an influence on the price movement.mostly it's fundamental as crypto isn't stable yet and fake news are all over the internet.But,to get the maximum profit,you should use a combination of Both.

Lumada

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Quote from: Dimid on April 19, 2018, 01:45:22 AM

I try to use both technical and fundamental analyzes in the collection. But the situation is different and you must always act on the circumstances. For example, if there is news that the exchange was hacked and the bitcoins were kidnapped, then there is a high probability that the rate will drop down on this news, although the technical schedule will show the opposite.

There's no harm in using both, there are times that we need them especially if we were about to invest and risk our money, though there are times when news wasn't that bad that we only need to be technical to earn.

Dimid

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I try to use both technical and fundamental analyzes in the collection. But the situation is different and you must always act on the circumstances. For example, if there is news that the exchange was hacked and the bitcoins were kidnapped, then there is a high probability that the rate will drop down on this news, although the technical schedule will show the opposite.

Serco

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bitcoin, including fundamental analysis, because the factor of the movement of bitcoin price increase refers to the observation and assessment of an economic condition in our life. such as for example a country supporting bitcoin programs, this is a factor that makes bitcoin prices rise and support from outside bitcoin that makes bitcoin price movements increasing. in contrast to technicalities that simply refer to or estimate the movement of a price and this can only be predicted for the short term in assessing a price of bitcoin. that is what I know all along.

V1saya

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Both have the tendency to move bitcoin price. Fundamental is stronger though especially long term. In trading, no matter how good your TAs are but there is a big news then there is a high percentage that it will rekt your technical analysis.

tukang_rosok

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Quote from: eminemcookie on April 18, 2018, 06:41:30 PM

BTC price does not move because of technical or fundamental analysis. It moves because of a number of different supply and demand factors. The results from analysis could contribute to this but they are not the driving force, they are used to form opinions of potential price movements. Actual price movements occur because of action not analysis.

that is basic concept for market movement.the difference between supply and demand make price move from equilibrium area.and much think that caused this movement.we call them as fundamental factor.

odolvlobo

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Quote from: The Sceptical Chymist on April 18, 2018, 08:57:29 PM

My question is, how do you even begin to perform fundamental analysis on any cryptocurrency? I've pointed this out before: Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock. Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down. In other words, what exactly are the "fundamentals"? They can't be the same things analysts use to analyze stocks.

I agree. The fundamentals are things like sentiment, adoption, money supply and velocity, all of which are difficult to quantify.

Sadlife

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Analysis is just to speculate price movements it doesn't necessary affects it but it can cause FUD and doesn't present any evidence or facts. The fundamental analysis though is focus on the proof on how the price is influenced by investment of some certain company or person and provides proof and facts that there millions of money invested in it.

hacekd

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Price movements are not entirely random, as they typically follow trends that are formed in the short or long term. Once a trend is created, the price will tend to follow the pattern. That's why traders are always trying to estimate the best trends possible. The better they can identify their direction and strength, the greater the profitability they can accumulate.

The Sceptical Chymist

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Quote from: odolvlobo on April 12, 2018, 03:36:09 AM

Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

The analysis analyzes movements, it doesn't cause movements. Anyway, technical analysis is a pseudo-science, similar to astrology, where predictions are made according to methods but the methods are not based on facts or evidence.

Glad you called that one, because I suspect people like OP just read words and don't understand what they mean--at all.

My question is, how do you even begin to perform fundamental analysis on any cryptocurrency? I've pointed this out before: Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock. Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down. In other words, what exactly are the "fundamentals"? They can't be the same things analysts use to analyze stocks.

Second, I think technical analysis is a bunch of bullshit. The list of the wealthiest individuals in the world does not include any technical analysts--that's evidence to support my claim. Watching charts does nothing, since price movements are mostly random.

Nhor1011

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Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

"Fundamental analysts study everything from the overall economy and industry conditions to the financial condition and management of companies. Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume."
I think bitcoin price moving due to technical analysis because it is based on the data gathered from the market which is the demand and supply.

chaoscoinz

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Quote from: hwarico on April 11, 2018, 08:44:03 AM

BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC

I think the prices are moving according to fundamental analysis, partly because fundamentally, Regulators across the world are beginning to crackdown on crypto, issuing statements and enforcing regulations. We are in a, what could be called, a wild west styled market, due to the bit of lawlessness within the crypto sphere, because of it being a futuristic technology that disrupts the fintech secor. Cryptocurrency is still within its infancy, and needs some time to mature.

eminemcookie

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BTC price does not move because of technical or fundamental analysis. It moves because of a number of different supply and demand factors. The results from analysis could contribute to this but they are not the driving force, they are used to form opinions of potential price movements. Actual price movements occur because of action not analysis.

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