Bitcoin Forum

When I select a particular share to purchase, I go through all of their financials, their management and their history. Do you guys do the same for tokens or you follow a procedure of reading trends and predicting turns?

For a token, yes, FA is significant and a part of research

though basically the two should be considered

FA to ensure tokens are not just a Sh*tty come by and go scheme

TA for timings and if you ever like to short trades

Yeah so basically it depends on the objective right. Generally a combination of both should sufice, based on the preference to be an investor or trader.

In choosing a token I am more Keen on looking for what is the main usage of it, whether it has a real world usage or more on a digital use tokens. I am not more particular on the financial side on the developer of the token but only the usage of it.

I see the technicals of a token; only after being satisfied with the fundamentals.

Fundamentals are a must; cause unlike share markets; alot of tokens/coins are scam.

I see what you are saying. So again a combination right.
Btw, I am actually kind of paranoid when dealing with new altcoins cause of this very reason. That is why I always go for the fundamentals in this case.

Everyone must adopt all the information about the coins they are going to buy, it is normal, but it is well known that bitcoin has the first rank of all altcoins and has many users.

Yes, I do the same. I'm looking into management and developers. Aside from that, I also take into consideratiom the technology that a certain coin can offer. I'm not into fundamental and technical analysis because for me, they are not that useful in this industry.

i'm on reading trend side, because honestly i'm not really good to analyze with technical thing. That is why i follow some news and join in price that i think it is fit for me, if loss i only can hold it.

Technical has no effect on me personally to maintain long-term, because it is only a temporary prediction, different from fundamentals and trends, which makes me sure to invest for a long time, look at the other side of long-term market management or psychology, read trends very useful for the market, because now many people control themselves not to enter the market too often because the conditions are not so good, and even for a very long time, it all depends on their respective knowledge, traders often use technical for every day and Long-term investors look at market fundamentals and trends.

Can you point to a project that you do feel has strong fundamentals?

Though there's plenty of interesting stuff out there I struggle to see anything with any actual fundamentals at all. Everything is coasting off future possibilities, nothing is delivering in any meaningful way right now today.

There is of course a huge difference between a well put together project run by sincere people compared to piece of shit ERC20 token, but they're both not too far off the same level of nothingness in real world usage.

I read back and forth to every comment and I still did not understand.

Is this trading or just investing?

You are talking about shares and all and I dont think that is trading.
If that is the case then you really need to go with the fundamentals since there is none yet for you to trade right?

But if it is really trading then I would rather go to technicalities.
It doesnt mean much about projects anymore. They do not even look at what the project is all about now.

I'm of the opinion that foundamental and technical analysis rather complement each other, and can both be combined effectively to arrive at the best possible speculation when trading.
It can equally be applied when investing, as it is also speculations
It only applies to already established currencies and not during ICOs.

For long term trading is better learn more about fundamental  analysis because when the coin has very strong fundamental the price will going up so high in short times,  just like XRP this day. For day trading, knowledge about technical analysis is need it to determine support and resistance. But i think is more important thing to have risk management and trading plan to minimize risk in high volatility market.

For a long term investment it's always better to go through the each and every details of their history, in a  way it helps you to have a clear picture of their prospects and to wisely invest.

Trading is game of risk and you should not go into it just with the technical and fundamentals knowledge but including of how to analyze risk and reward.  Many are good in technical and fundamentals but lose money because over trading.  In cryptocurrencies technical analysis work a little and what really control the movements of the price are fundamental!

None of this..) Not fundamental not Technical analys will guarantie you the proper way to trade... It's crypto baby.)

I dont know, crypto world isn't the same as regulated finance world.

Well, when i invest in a particular share i usually go over their financial statements (P&L, BS), their 5 years strategy plan, dividend payout ratio, what's company's impact to society, in what industry sector they do business, etc...

In crypto, well, its just a gamble, for now i dont see it as an investing. I hope that will change.

The recent XRP pump has showed us that the market doesn't care about good fundamentals. Those crappy coins w/o a community are even easier to pump for whales

I will share a quote on the subject of fundamental vs technical analysis that I like:

Source: https://medium.com/@CarpeNoctom/toshimokus-trading-tips-tricks-f0ff5cc38cc8

The entire source article is well worth reading. 

Common steps to be done since as an investor we would definitely need to search everything about on how things go and their involvements as possible.Answering on the topic title Fundamentals and Technical would be crucially needed when we do talk about Crypto investments not only here but also on forex and stocks as well. These indicators or tools is really helpful anytime rather than on making some trades or investments without any basis.

For me not totally i follow the produce of reding trend and predicting
These two kind strategy about fundamental and technical procedure how to make profits in crypto
Are the best ways as a guide to make decision in trading work but tge final decision is from the traders

I definitely do not bother with technical analysis, I don't believe that there is any mathematical patterns behind the waves of the market, however if you look for a relationship between two or more lines for long enough you will eventually find something that appears to be a predictor of future moves. This almost always turns out to be wrong however, yet you will never see the TA channels admit their failures, as they only show the predictions that matched on their media.

In cryptocurrency fundamental analysis is more useful. Considering that the technical analysis is based on people's psychology, it is difficult to find the direction. Moreover, you cannot find the price of a small precious coin with the TA, with little money you can direct the price.

I'm also more on fundamental analysis nowadays simply the price are really unpredictable and it can change the trend within a day so its really hard to do that. FA is more reliable now, if you believe on the technology of the coin you are investing then profit will be made in the future for sure. FA and TA are both important in investing, just know these two things and you will succeed in this market.

I usually do it your way. because I do not like technical analysis. I just want to invest in a basic but accurate way. Because I have my own way of estimating the value of a business. So I appreciate the more fundamental analysis. ;D

it's true, fundamental analysis is really important for altcoins with low/micro (< $10M) market caps. these markets are hyper speculative, very low volume and low order book depth. so a big fundamental breakthrough can bring a 10x or even 100x move.

however, i find that with high-cap coins---particularly BTC---TA is much more important. fundamentals may underpin the long term trend, but in the more liquid markets, TA works reliably. TA may be based on market psychology, but the chart is the most accurate reflection of actual supply and demand we have.

But isn't it they have good fundamentals to begin with? LOL. The XRP pump has nothing to show but pure speculation. An asset with no qualitative or even quantitative values. Yeah there could be functional benefits but this pump would last long for sure.

I agree with @figmentofmyass, fundamentals is much application to altcoin specially those shitty coins out there. You really need to ask yourself a lot of questions regarding its market potential or the problems that its going to solved in real life. TA is important to coins like Bitcoin but still the overall sentiments of the market that will drove the price to go up or down.