As of now only technical analysis and news of course because i want to know the next direction of growth rate..it's very difficult to be honest especially on this situation which is market nowadays become very unpredictable after the sudden fluctuation ,that's why doing technical analysis is my only hope as of now just to keep my portfolio fine despite of this situation.
Looking at news is somehow and someway part of technical analysis. Everytime a news pops out I always wait if the market will react on it through BTC price charts and some of the news really has some bearing on the price actions happening in the marketing. You will see some volume changes and price changes as soon as a news goes viral. I always treat news as an early indicator on where the prcies are headed which you can also take as an advantage in your trades. 
Topic: You lean towards Technical Analysis or Fundamental Analysis? (Read 329 times)
I choose technical analysis because it is always directional, steady and most get to destination if news does not break the trend. TA would have been giving a lot of profit if not news.
As of now only technical analysis and news of course because i want to know the next direction of growth rate..it's very difficult to be honest especially on this situation which is market nowadays become very unpredictable after the sudden fluctuation ,that's why doing technical analysis is my only hope as of now just to keep my portfolio fine despite of this situation.
Short term speaking definitely TA, long term speaking definitely FA. The thing with the crypto market in the short term is that it doesn't care about the fundamentals.
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The trend is your friend. If you continued being overly bullish during an obvious bear trend, you have done nothing but lose money trading it or paper value holding it.
I agree on using TA for short term trading, because almost all crypto traders are in it for quick profit ~
The trend is your friend. If you continued being overly bullish during an obvious bear trend, you have done nothing but lose money trading it or paper value holding it.
so following the trend would be better than analyzing fundamental for future market
too many FUDs and fake news makes FA somewhat unreliable
for crypto trading 
The cure for that is to stop analyzing short term charts, so you don't care about intraday movements. Most scalpers get chewed up and spit out of the market. A minority of them wisen up and become longer term swing traders. One market buyer/seller should never affect your analysis.
That's where most of the TA happens though. And it's usually thrown in the bin within a few minutes which is why it gets on my nerves so much. I don't recall a single day trading TA type correctly calling the 6-3 grand drop. Not one.
Plenty who stepped back and took a wider view often voiced 6k was unlikely to be the bottom so they sound more like your type of person.
I analyze the market at intervals of time in months, weeks and days, I think the analysis at shorter intervals, is a theme of adrenaline, in how to show what you think will be given. The fundamental analysis helps me to understand the value and the price ... But before any type of analysis, the fundamental thing is to understand the market to use these analyzes.
Fundamental.
The cure for that is to stop analyzing short term charts, so you don't care about intraday movements. Most scalpers get chewed up and spit out of the market. A minority of them wisen up and become longer term swing traders. One market buyer/seller should never affect your analysis.
That's where most of the TA happens though. And it's usually thrown in the bin within a few minutes which is why it gets on my nerves so much. I don't recall a single day trading TA type correctly calling the 6-3 grand drop. Not one.
Plenty who stepped back and took a wider view often voiced 6k was unlikely to be the bottom so they sound more like your type of person.
Unlike a deeply established market, all it takes is one twitchy kiddie to spunk all over everyone's carefully crafted analysis.
The cure for that is to stop analyzing short term charts, so you don't care about intraday movements. Most scalpers get chewed up and spit out of the market. A minority of them wisen up and become longer term swing traders. One market buyer/seller should never affect your analysis.
The only difference between Bitcoin and more established markets is the Bitcoin market is thinner and more speculative. That makes it more volatile but it doesn't make it fundamentally different.
why do you think TA is a crock of shit? if you think market psychology matters, i'm at a loss for why you're so against TA.
market psychology and TA are closely related, two peas in a pod. the former is a function of price and the latter is a study of price. when i read sentiment and long/short ratios and things like that, i consider that under the umbrella of TA because those are gauges of supply/demand, not fundamentals.
that's all TA is attempting to do---gauge supply and demand. that's why volume and historical support/resistance levels are the most important factors to watch.
market psychology and TA are closely related, two peas in a pod. the former is a function of price and the latter is a study of price. when i read sentiment and long/short ratios and things like that, i consider that under the umbrella of TA because those are gauges of supply/demand, not fundamentals.
that's all TA is attempting to do---gauge supply and demand. that's why volume and historical support/resistance levels are the most important factors to watch.
I get what you're saying. Perhaps I should've framed it in a more long term aspect.
Unlike a deeply established market, all it takes is one twitchy kiddie to spunk all over everyone's carefully crafted analysis.
I remember a Hollywood mogul saying that if he'd said yes to everything he'd turned down and no to everything he greenlit he'd probably be in the exact same position today. I get the same feeling for that.
I think TA is a crock of shit. As for fundamentals analysis, fundamentals are still very, very thin on the ground.
Why is there never any mention of emotion/ psychology analysis? That's the one and only driver of this thing.
Until I sat through another bubble and its pop I got increasingly bored of that anatomy of a bubble chart but emotions are playing out just the same as the last time. It goes to show that there's nothing new under the sun after all.
Why is there never any mention of emotion/ psychology analysis? That's the one and only driver of this thing.
Until I sat through another bubble and its pop I got increasingly bored of that anatomy of a bubble chart but emotions are playing out just the same as the last time. It goes to show that there's nothing new under the sun after all.
why do you think TA is a crock of shit? if you think market psychology matters, i'm at a loss for why you're so against TA.
market psychology and TA are closely related, two peas in a pod. the former is a function of price and the latter is a study of price. when i read sentiment and long/short ratios and things like that, i consider that under the umbrella of TA because those are gauges of supply/demand, not fundamentals.
that's all TA is attempting to do---gauge supply and demand. that's why volume and historical support/resistance levels are the most important factors to watch.
I think TA is a crock of shit. As for fundamentals analysis, fundamentals are still very, very thin on the ground.
Why is there never any mention of emotion/ psychology analysis? That's the one and only driver of this thing.
Until I sat through another bubble and its pop I got increasingly bored of that anatomy of a bubble chart but emotions are playing out just the same as the last time. It goes to show that there's nothing new under the sun after all.
Why is there never any mention of emotion/ psychology analysis? That's the one and only driver of this thing.
Until I sat through another bubble and its pop I got increasingly bored of that anatomy of a bubble chart but emotions are playing out just the same as the last time. It goes to show that there's nothing new under the sun after all.
There are many points of view, from the Technical Analysis, many have been prepared to understand and analyze many tools and indicators, other people have been dedicated to the projection of prices based on the Fundamental Analysis, based on an Intrinsic Value. . ..
For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
To me both technical and fundamentals analysis are still very important in analyzing the cryptocurrency market at this particular time. Most people did not understand how this market work and it is very difficult to succeed in it using only technical or fundamental analysis . If we actually desiring to make profits then we must used the fundamental and technical indicators. For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
There are many points of view, from the Technical Analysis, many have been prepared to understand and analyze many tools and indicators, other people have been dedicated to the projection of prices based on the Fundamental Analysis, based on an Intrinsic Value. . ..
For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
I don't think that one section of the market analysis is enough for one to make conclusion before making an investment decision. In my opinion, the combination of technical and fundermental analysis will help you in making a rational investment decision as regards Bitcoin and crypto currency market. For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
There are many points of view, from the Technical Analysis, many have been prepared to understand and analyze many tools and indicators, other people have been dedicated to the projection of prices based on the Fundamental Analysis, based on an Intrinsic Value. . ..
For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
I don't think that one section of the market analysis is enough for one to make conclusion before making an investment decision. In my opinion, the combination of technical and fundermental analysis will help you in making a rational investment decision as regards Bitcoin and crypto currency market. For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
There are many points of view, from the Technical Analysis, many have been prepared to understand and analyze many tools and indicators, other people have been dedicated to the projection of prices based on the Fundamental Analysis, based on an Intrinsic Value. . ..
For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
For the current market, which do you think is the most efficient analysis?
In my case, I take knowledge of both, but previously I do my analysis based on the Offer and Demand, before establishing what type of Analysis is the most appropriate.
Short term technical analysis in my opinion could be helpful, as fundamentals pretty much never reflect fully in the market in the short term.
However, it is apparent to me that technical analysis has its downfalls, especially in the long run. The fact is that TA can really be manipulated in different ways to tell different narratives, and that's why we see a lot of completely contradictory predictions that all use TA as their argument, especially in mainstream media.
I'd personally rather look at the fundamentals of an investment in the long term. Take bitcoin, as I'm investing for the long run I don't worry about short term price movement as much. But looking at things such as adoption, innovation in the underlying technology in BTC, institutional demand, etc. will be more helpful in a timeframe of 3-5 years, compared to TA.
one should invest based on fundamentals, and trade based on TA.
so a hodler is obviously gonna lean towards fundamental analysis. (and they are more likely to say "TA is voodoo" too)
fundamentals manifest themselves over long time periods. in the meantime, speculation and short term supply/demand imbalances can really divorce price from the fundamentals. that's why traders must depend on TA.
so a hodler is obviously gonna lean towards fundamental analysis. (and they are more likely to say "TA is voodoo" too)
fundamentals manifest themselves over long time periods. in the meantime, speculation and short term supply/demand imbalances can really divorce price from the fundamentals. that's why traders must depend on TA.
I think both technical analysis and fundamentals analysis should go hand in hand for us to really be able to make it in cryptocurrencies trading. Remember that in trading you need fundamentals analysis to know when spark is about to happen and technical indicators to know when to enter and exit.
You can use technical analysis, but the question remains, can it really be used on a market so impulsive and news driven such as the crypto market? I think it is hard to use technical analysis the same way you would use it in forex or in the stock market. And most of the so called experts use it the exact same way, which is really hard to do. I ask myself if these TA experts really make money themselves or they just fake it to attract more customers/views/traction.
I used to think technical analysis is the way to go, but not any more. I believe fundamental analysis is more appropriate for this entire market, or at least until the market has matured enough to behave in a more predictable way.
I used to think technical analysis is the way to go, but not any more. I believe fundamental analysis is more appropriate for this entire market, or at least until the market has matured enough to behave in a more predictable way.
I think Technical Analysis will works for us because we can analyze what is going on with the market. But both can work together since when we use Technical Analysis, there will be news that came out, so it makes the price moves up or down. I don't use Fundamental Analysis since in the cryptocurrency trading is different than the stock trading and I only analyze with the real situations in the market because sometimes the news can be fake and makes us panic.
I only use technical analysis for day-trading. For long term buys or sells I decide based on news, events like bitcoin halving, government regulations and so on. For example no TA could predict a crypto exchanges ban in China, but that event had enormous impact on price.
Long term holders are never worried in these kind of issues because already everyone know the fact so crypto will rule the future community. Chinese ban is just a temporary issues so we are not consider the short term issue. But we need Crypto legalisation then only it will reach entire world and this make big profit. Jump to: