Topic: You lean towards Technical Analysis or Fundamental Analysis? - page 2. (Read 329 times)
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.
It's different for each person, but fundamentals matter when it comes to my hodl stack, which I won't be touching in the coming 5-10 years. I rather spend some of it where by that time I assume that the adoption has taken off significantly.
I'm not much of a trader myself, but when I do plan to go long or short it will be based on technical analysis, because there isn't much else to focus on. It's either that or blindly opening positions depending on luck alone.
On the other hand, fundamentals could matter in the near term if you know that there is an upgrade very near, which we can clearly see affect Ethereum's price positively. It also offers a good sell the news opportunity which I plan to utilize.
I'm not much of a trader myself, but when I do plan to go long or short it will be based on technical analysis, because there isn't much else to focus on. It's either that or blindly opening positions depending on luck alone.
On the other hand, fundamentals could matter in the near term if you know that there is an upgrade very near, which we can clearly see affect Ethereum's price positively. It also offers a good sell the news opportunity which I plan to utilize.
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?
For the current market, which do you think is the most efficient analysis?
My trading is heavily TA-driven. The market price is the best possible real-time reflection of supply and demand. In other words, all fundamentals are eventually "priced in." So if the underlying fundamentals are strongly bullish, that will always be reflected by the charts too.
That said, I always keep fundamentals in mind. Outside of very short term speculation, I avoid assets with weak fundamentals entirely.
You can use TA on a product which is fundamentally flawed and will lose all value. I guess if you are excellent at TA you can make the profit anyway but I'd rather be on a boat that braves the storm and is good long term for the trip across the ocean :p I do rate TA but its far easier to do well if you are correct in trading the right direction on the right product, one that does fail simple as that.
Ultimately Fundamentals will always override and defeat any technical reason holding back the price or holding up a price even. People often use both, fundamentals will point to important news and the time TA will be volatile
Ultimately Fundamentals will always override and defeat any technical reason holding back the price or holding up a price even. People often use both, fundamentals will point to important news and the time TA will be volatile
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.
Both are useful, but sometimes vary depending on the situation. 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.
E.g. Technical analysis was useful for short term when the price was below 4000 and it would be possible to achieve a better result with fundamental analysis. But in higher positions both are useful. And surely, it depends on what kind of tactic you work with.
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. If you think that Bitcoin's excellent fundamentals will prevent lower lows, you're wrong. People falsely assumed that last year, and you can see by looking at the current prices that they couldn't be more wrong thinking so.
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.
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.
In my opinion, fundamental analysis is a wait for a long time so they can be sure if they would settle to invest or not, It is certainly can be applied to a company that settles its value by measuring a company’s intrinsic value then they consider it as a good investment if they see that the company is mature enough, While on Technical analysis they focus on stock chart, history movement and where can the price be heading, I really think that technical analysis is what most of us are using since bitcoin is in a more speculative outcome we never know what it will do next which is just hypothesis or wishful thinking at worst.
I guess you can always use Technical analysis on cryptocurrency while Fundamental analysis varies We can say that Bitcoin and Ethereum one of the longest-running Coin in the crypto market we can always apply a long term value of assurance that it will sure last, You had the security that both of them will stay so I apply more fundamental analysis but there are certain things that I can apply Technical analysis to it like we can say that history can repeat itself so we go check the past pattern of movement or price moves in trends and it may vary on the demand while in other cryptocurrencies that is new and not that popular we can sure apply a short term focus to it, So we can always do both applications depending on situations.
If you're right. Well many years ago, there was always a kind of discord with university professors, that traders always used analyzes that did not meet the calculations they made.Then one of them harshly criticized nothing more and nothing less than Warren Buffet, he only told him, that it is very easy to do analysis without entering money to the market, if they make those analyzes that enter the market and take risks with the calculations they do to see if they won or not.
There are also many traders who only rely on Analysis completely based on chartism, which I would not do, because they are patterns, figures and I have seen there that even names put them, funny names, the truth I think they do is to gain attention.
I guess you can always use Technical analysis on cryptocurrency while Fundamental analysis varies We can say that Bitcoin and Ethereum one of the longest-running Coin in the crypto market we can always apply a long term value of assurance that it will sure last, You had the security that both of them will stay so I apply more fundamental analysis but there are certain things that I can apply Technical analysis to it like we can say that history can repeat itself so we go check the past pattern of movement or price moves in trends and it may vary on the demand while in other cryptocurrencies that is new and not that popular we can sure apply a short term focus to it, So we can always do both applications depending on situations.
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.
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