Bitcoin Forum

I'm not going with existing theory. I have categorized trading as follows-
1. Based on technical analysis
2. Based on event news
While I'm not much expert in TA, I can achieve it if I spend some hours a day for a month I belive.
On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

I'd say it depends on the markets. If there are no fundamental changes (good/bad news) in a week or so, TA would be reliable (to some point), assuming volume is not an issue. If that's not the case, I'd trade on news. If that's not the case either, I'd step away from the market and chill for a while.

This two were important factors in trading, since news cam hype the traders or investors to buy or sell. While Technical Analysis can bring us more idea whether that project is worth investing and we can be able to trade it by monitoring the charts. We must Abe updated with these 2 or atleast have one that is mastered and see for ourselves if which method works on us best, but first we should try both.

In my opinion, it's best to enjoy the best of both worlds – utilizing both methods of analysis in order to make profit. I've seen cases where fundamental analysis (news/ events) don't move prices like in a bear market, in such cases, it's good to have the basics of technical analysis at least in order to navigate the market. Here's some reasons why I think you should use both :

1. They are both tools in your toolbox– use them: there's no doubt that you can make profits with either analysis but it gets better if you use them together. Imagine a project releasing a major news just when the price is sitting at a critical support level? That's right.

2. Use them to confirm your bias:  Since trading is all about know price action movement, it's important to pay attention to details. For instance, If price is moving towards a major resistance with a news, no matter how big that news is, you have to take a step back and watch what happens at that level - did sellers came in to push the price down?  If no, continue riding the trend, if yes, set a trailing stop loss.

3. Catching trends early and making better entry and exits points:
This is similar to everything I've written so far. You can use news/event aggregators like coinmarketcal and get events like Mainnet launch / updates etc or any other news that could move prices. What do you then do? You use TA to ensure that you're buying at a good zone so you can maximize your profit margin and probably zones where you want to exit your trades/ positions.

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I've seen people who are successful trading with only fundamental analysis, I have also seen people profit with technical analysis. But the best part is when you can use both tools to your advantage and increase the market odds in your favour.

Rather than professional trading I find the trading practice with small funds to be a better choice. In such trades one can minimize the loss and execute trades in a very short time period. I always go for trading with a small difference between the buying and selling price generating minimal profit. As the market keeps fluctuating, profiting can be made regularly.

TA's are usually based on the historical price movement and market statistics, including the calculation of volume of trades per day/weeks/months and current coins/tokens in circulation.
While fundamental news is predicting price movements using the world events and project development that could potentially influence the crypto market.
IMO, If you could both use this two when you're trading you'll for sure reducing the risks of a lossing trades.
Nevertheless, neither of the two is a good tool to predict the price movements, but using both is better.

Well, as you have mentioned both all are important in trading. You will not use only TA but at the same time, you will also need news for your daily trading activity. These are very important to have prediction nearly accurate than without having a source of your prediction. That's why we have called in trading, the Fundamental ^[FA] and Technical ^[TA] analysis which is very important in trading. You can speculate using your TA without your FA, they should always be together.

I would say combine both TA and event News for a much better performance. As a day trader, I have come to realize that you cannot rely only on TA or Event news when making trade calls because sometimes the market does not respond as expected. Using both gives you the power to much more than some relying on only one factor.

because here in crypto, usually TAs are not in play in most alts. but it is your advantage to have TA knowledge if you are into trading of established alts. the combination of these 2 will greatly help you on how to attack a certain alt. but when it comes to pump and dump coins, you dont need your TA power here, but your knowledge on how and when the team is strategizing to get their money out of this scheme. so both techniques are good if you want to optimize your potential in trading.

I'm the same with you, not also a TA expert, and mostly relies on the news and market sentiment. If there is positive news coming from specific crypto, I'll monitor it around for minutes to a few hours and will wait if there's a reaction coming from that news.
I think I'm more effective with that but also taking note of the TAs which are perfect and helpful for me. Kind of both for me but more of news.

A trader has to consider everything. You shouldn't focus on the news or technicals alone.

OP is a bit confused because news and TA are very different.

News are not predictions but rather things that can influence the price despite technicals. They can play into your TA or contradict it but whether you take them into account or not you should always base your trades on Technical and fundamental analysis adding news and the situation in economy and other markets to the mix as needed.

Fundamental analysis beats any technical analysis. After checkinn the news and event for the day you can now analyse technically bsed on what you saw

Maybe you are not compatible to be a day trader unless there are an event/a big new which happen everyday (it hard to happen). But for myself, I always integrate the bot strategy when I'll start to entry, yeah so far I never try to entry without technical analyst and fundamental analyst.

I'll start to make an analyst from news first, there are a lot site related to crypto and I just need to read them one by one or pick some news that I think it will affect to the market. After that, I'll compare with technical analyst, I'm not expert to technical analyst too but at least if I know how to find strong support and resistence, candlestick pattern and chart pattern is enough to me to find the right time to entry/exit.

Good traders should not ne based to anyone and should be more flexible on using resources around the market. It can be a news, fundamental and technical so if you want to be good then you must keep on learning. I have a simple principle in trading, as long as you hit your target and you make more profit than your losses then you are a good trader and can handle the stress of the market.

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In my opinion, the more information you have the more of an informed decision you can make. Therefore, I'm in favour of using both strategies combined rather than using them on their own. I have done this in the past, and as the theories state when you have more data, you can start taking more risks because your spread of data should help you better understand the market and when to plan your market entry/exit.

A man's cherished food can become poison to another man.
Just as you don't use TA to analyse your market, others too might not find it funny to understand. The point is, there should be a good collaboration between TA and news details.

IMO, as good traders you should find any resources as much as you can and both OP mentioned are also may your resources in trading.

There is a collaboration with all your references, the TA, and the news, or any events out there might also have an impact on the market. I think this stuff might you consider as a tool to use to speculate the market and using TA is the most important and to create this you should find other resources.

If you had many resources at least you can make plan B if plan A will not working. The fact is that trading is more on calculation and this isn't easy task. So, don't expect everything is easy in trading.

That’s a good combination to become more successful in trading and sometimes we need more news to help our TA works, because we know the rules react on the news which most of the time is accurate either to buy or sell.

Every resources that you have you should combined it and make a good plot of your trading plan, without this it will be hard to become profitable. Trading is not easy, it takes a lot of sacrifices to improve your skills and knowledge, if you have limited resources then keep improving that resource, it can be a big help.

Technical analysis is so tough you have to study on it .I follow the number two-Event news it is much easier than all .I follow the channel and when i got any news, I do my trade .I always made profit on my way .I think it's better for me and also who are new in trading could follow this .

I think that will depend on how good that person analyzes the market because some people will trade based on the technical analysis, but the other people will trade based on the event news. But the other people will trade based on how the market moves, and if they think that they can enter the market and buy the coin at a low price, they will do that and try to analyze some coins to buy.

People will select what method will work well for them, and they can't use the other people's method if that method does not work for them. It is better to search what method can help us make a profit, which is why we need to learn about the market analysis. I would not say that it is easy to do because that will depend on our skills.

Perhaps, having both TA and event news might be better idea. This will minimize the risk exposure of your tradings. It is more likely, news will be the guide to specify what trend you must get into and while using your TA to make if more precise in order to minimize the risk as much as possible.
That is why I think having both of them will pretty much give you a safe trade.

In my opinion, good trading is based on technical analysis, because many have proven that mastering technical analysis is easier
make profit from trading. If you are not good at technical analysis, don't be lazy to learn if you want to become successful traders.
Because if you have a strong desire and also never give up to learn technical analysis you can definitely master it.

TA are really important so you have an idea and signal when to trade depending on your performance on it.

Being updated with the news is always necessary so that you are aware about the happenings in the world, especially if it can affect the economy. If the issue can affect the situation in the market and the economy that's the time that you will adjust and adapt depending on that situation. With that mindset, probably it will become profitable for your investment if you continue to become enlightened about the happenings around the world.

Every business requires both skills and qualifications so you will need everything equivalent to your trading. One thing you can usually see is that we do a lot of research to invest in a project and we are not interested in investing there if it is a reflection of a dubious forecast. Simply put, researching all these things requires a lot of skill, so everything involved in the business depends on the skills. It is not easy to make money by trading because you have to look for the right token.

Both methods can give you a good profit. But I think it depends on situations like if there's event news or if there's no event happening. If you know these two types of trading then do it both when there's an event trade base on event news and if there's no event trade base on technical analysis. Anyways, if you don't know them both stick to the one you've already know.  But If I were you, start learning the method you don't know for your future in trading.

I purely rely on technical analysis so my decisions are based on price action and price structure of the chart, I am not fan of fundamental analysis and it is the reason why I'm not using. Do not be confuse because fundamental analysis is also good for the others but for me it is not working and that leads me to use purely technical analysis. There are a lot of news that can create hype where it can affect your decision and it is why using fundamental analysis is also complicated. Technical analysis is also complicated but you need to learn especially the foundation which is the support and resistance. Choose a trading system that will work for you, if your skills are good with technical analysis then focus on studying technical analysis but if you are good with news and updates then focus on fundamental analysis. Studying Technical analysis is really exciting especially if you are doing backtesting wherein you are trying the trading setups if it is effected or not. You can also predict short term movement of the price by using technical analysis unlike fundamental where it may be a laggard analysis.

If someone can know both the fundamental and technical both then the best thing to trade as your horizon related to coin and events would be much better so you stand an advantage of making money from such trades. But if that is not possible then try to learn any 1 of the and see if it can work for you as have seen many that they end up losing in trading rather than making money from it.

The best type is the one that suits you and your goals! Many of us don't have time to watch charts, to follow every market move. I have active buy/sell orders all the time, when I check the current price I know which ones got executed, if I need I change something. Good thing with trading is that you never lose everything if you make some mistake (with gambling you can), we should learn from our mistakes and to try to set up everything in the way that suits. First thing is always your capital, the amount you are willing to risk, than your free time for trading (many of us have jobs, wife and kids, obligations...), and in the end you organize everything in order, as you trade you learn and you become better in that. You can't neglect everything else because of the trading...

Not also good in trading but it looks more effective if we use them both. Hearing those coming events, market changes, it all comes out with a good TA that eventually gives us some hints about what will possibly happen later. have we think that simple guess will work in trading, definitely not, and much more losses if we go like this.

That is how TA places a big role in trading, though we can't just fully depend on it, however, it actually helps.
So I say that I have to use them both and could be a huge factor that will affect the results of our trade. Not all have understood TA or not even good to it but soon, we can improve it. It just how we pursue learning to trade and apply what we've learned.

When making a trade most of the time I just for the market graphs and the news because those have basically affected the whole market price.

First on the news, if you read a lot of articles about the next movement like the down trend for sure many people are pulling their funds instead of losing a large amount of money also this is a good opportunity for buying a lot of coins.

On technical analysis, this is the time to check the rumor came from the first one always check the market movement don't just listen from others you need to see this on your own eyes.

These are the things I usually do when making a trade.

That's for TA of course. With TA, you can get instant profit but while someone trades based on news or upcoming events on altcoin, there's a big chance of getting a higher ROI as before the event price get pumped significantly.
Inveating little amount doesn't make much sense in my opinion as you will get none but a fee of paying for a coffee.

However, we are also injected by fake news which could trigger misinformation and brings us to nowhere. Thas is why it is also important to have TA's on our own.
We all not good at TA and in the first place, there is no perfect TA's as well. It all just a simple market prediction base on then news (fake/legit), or any information that could help to make our own TA and that it influences the results.

Well, I'm no expert in this but I favored to have them both. It might the chances of making good trade is higher than only having one of them.

at first i thought your going to say short and long term but no as this is too common or already existed .

 what you have categorized is indeed new  but i didnt knew that those are also types of trading or traders.  both are good but the other is hard to pull off  .  im going on the second one which is to based on the events or news but if you already know something about technical analysis , its easy for your to do both .

Neither is good per say. The goal is to be profitable trading. Therefore you attempt to leverage all information. For example if your technical analysis is giving you a bullish signal and you also find a bullish news catalyst you would long that asset with conviction. If your only getting 1 of the 2 you might long with less size or stay flat waiting for both to signal bullish or bearish to take a position. You don’t just rely on one or the other but rather use all available info to take a bias position.

Experience will give you an edge and in the long run as you gain experience you will eventually manage to use all the available resources. In the meantime, try to read and learn as much as you can about trading so you can sped your way to become knowledgable, it is okay to make mistakes and start over.

Without doing the TA part you are not really going to get 100% out of trading, you are just going to do something depending on what you like but it is not going to be worldwide accepted methods, it will be just what you feel comfortable with. However, if you really work towards learning TA that means you could actually do something that is accepted by everyone.

Even if you lose money which will happen even with TA, you could say that nobody expected it and you can be sure that most people lost money as well. Unexpected stuff happens all the time, it is not shocking, however if you are doing TA that means most of the time you will make money, with a tiny chance of unexpected loss which would be acceptable by everyone. It is quite reasonable to keep trading with TA, you are going to trade anyway, why not do it based on data?

These are not trading type but rather a signal which for me you might not limit your self to just one. You can combine technical analysis with news to have an holistic representation of how you want your trading to be spread. Also, from experience signal from technical analysis which is basically from the chart history sometime works and sometime it might not but when there is events which is big news. They price can be influenced within few seconds.

Go for Both since these things can really possibly give out some effects on price movement but always think that this doesnt work anytime yet market is very unpredictable on most cases
neither you do hear up on a certain news and presume out that it will rise but it did go on the opposite way then thats really a disaster and this is what makes too hard on dealing with this kind of market
but somewhat majority of traders do make use of technicals.It might not be a guarantee for it to work but it is way more better rather or compared on trading without any basis or indicator.
If you do look that fundamental trading do works for you then stick to it but if not then try technicals, its just a matter of mixing up or trial and error and do look on what works for  you.

being both is highly recommended...
just being a technical analysis is not good because an event greatly affects changes that occur in prices and vice versa. professional traders will definitely make them their reference in making decisions, This is why joining the signal group is highly recommended for every trader.

Trading alone with technical or fundamental anaysis may not totally work but it also depends on the current status of the market. It would be best if you try both and then evaluate which trading methods will work out for you. After all, it all depends on how we manage our trading skills which still matters in the end and make us totally profitable.

What the OP have stated are not trading types or methods but rather are factors affecting why a certain trader can do decision making on what he would preferably do to his trades that will be dependent on those two factors namely technical analysis which is monitoring the price behavior based on the price chart and data analysis stated on the chart. On the other hand, world news and crypto news is another factor to help traders do decide if it would worth to get into trading with such crypto knowing the existential of news that might affect the pricing of that certain coin. For me nothing is more important or much better for those two can be both useful and a basis for doing trades because those serves as guidelines to help traders achieve betterment aside from relying on guts what could possibly happen on his trades.

Relying on technical analysis or news is one of the factors in making a strategy, not an actual type of trading. You can combine these with other factors such as reading speculations, community-based hypes, and many more.

Why not try referring to both? Once you see news, see how it impacts the charts. From there make several speculations of what will happen.

Since the price is unpredictable and volatile, you really need to test what factors will be useful to you and see the result by yourself. A sort of trial and error while applying your own strategy.

I think a combination of different technical indicators and technical analysis definitely works if you want to make consistent returns in the market.

Doesn’t the both of them go together? Since the market is volatile, and some events or situations that takes place sometimes happen unexpectedly and when they happen they can affect the market and lead it to another direction. We can take the covid19 as an example, when the pandemic started I don’t think you needed technical analysis to tell you that the market was going to fall.

Once you have heard and seen what’s happening on the news, as someone who understands the basic of economics, your mind already told you that the market will crash. The both things you have mentioned has to be applied, you need to be updating yourself with the news and also doing technical analysis. It’s all important.

I have a small correction in your title thread, it should be talking about the trading strategies.

The best if you will apply both of them, you cant proceed to technical analysis if you don't have these news events that I guess have also an effect on the bitcoin price. Sometimes we need to listen to the news like hacking or scam events like a big exchange, which I guess will cause of price downtrend. Both of them will work together as one, just like joining one force that means your prediction is more likely accurate to the possible outcome.

   ReiMomo your correction is right, it's more strategy that types, and I agree with
you that he should combine different strategies if he wish to maximize his chances
for making profit. There isn't a perfect strategy for long-term, it's why people
invent new techniques, looking for a new approach, and all other things that can
help in trading. Following current news about crypto-currencies can help, but I
believe more in charts than in news.

I'm a trader who using both technicals and fundamentals, I use it both because I know that both of the analysis is important and it can give me legit information that I can use to make profit and avoid huge losses in the market. I'm a news driven but before I make a decision I first checking the chart where I use technical analysis in order for me to know the best time to buy and sell. There are people who use technical analysis alone, there are some who use fundamental analysis alone and there are some like me who combine both but it is not important on what kind of analysis that you are keep using because at the end of the day, the most important thing is still if we are gaining profit  on the kind of the analysis that we are using. If you are not good in fundamental analysis then switch in to technical, and also in vice versa.

Trading is not good at all to me, not any type of it, all of them are bad because first of all I am not good at it, secondly I get bored easily so I can't do something consistently. Trading requires you to be active and constantly be there, I can't deal with all the ups and downs and all the moves I have to make and all the charts I have to read, it is both a lot of work to do just for one trade but also you have to do it again for the next trade and lets say I do that for a week, for a month even for a year, if I stop I stop making money and that is the end of it.

However investing is not like that, I just put my money there and I forget about it, I literally have to do nothing about it, my job is over the moment I put my money into bitcoin, that is why I love the irresponsibility of it.

I think if you trade based on these two, you will get good results. If you believe in any one of them, you may not get good results if you trade. The price of assets in the market changes every moment, so it is difficult to stick with a strategy here.

Because if you are a day trader then there is no guarantee that you will be able to profit with TA or Event news. So I think if the two systems trade together, good results can come. Professional traders never trade with only one strategy. They always change their strategy depending on the situation. So you have to change your strategy to keep pace with the situation.

This has been asked several times in the forum and the answer is always the same, you should use the technique that brings you profits, trading while using technical analysis can be extremely complex the more indicators you add but there are many traders out there using only one and they still obtain good profits, trading with fundamental analysis or events as you call it requires that you invest in a coin before the event itself happens otherwise by the time you invest in it the event most likely will be already priced in the asset.

I am a trader who believes in the type of trading based on technical analysis, because some of the news that is currently spread is some fakes.
So if you are trading based on event news, the risk is much greater. If we trade relying on technical analysis, usually the result is more satisfying.
Because in my opinion, it is very important to be a successful trader, good technical analysis skills are needed.

I wont disagree into your point yet its actually true that there are news which are fake thats why as part of your investment steps then verification will always come next in line.So that you would know
neither you would make a step or not knowing if the said news is totally legit or fake.Also we cant just hear up news from time to time this is why people do end up on using technicals into their
trading analysis neither they do trade actively or just simply on trending style.It doesnt matter on what type of trading you are into as long it can benefit you out then that one will surely be counted.
Neither you do make use of one of them or doing both if you do have the opportunity.

i do both of that. in technical analisys i will find best place to put my order and by fundamental analisys i know what trigger will support price movement from my entry point. combining technical and fundamental will give us valid signal and have less risk if we do it correctly.

In order to trade as technology improves you need to improve yourself. If you don't try to stay updated all the time the chances of loss will be higher. Any kind of trading is good to verify it yourself the more experience you have about trading the better for you. I think it is better to trade during the day so that you can stay active in the market all the time and be aware of the prices of currencies that are much easier to know new information. Usually determines their trade at the beginning of the day and then ends the day with profit or loss. These types of traders do not determine their trades overnight.

I am also not much expert in technical analysis, so I prefer to rely on the second method, the "event news" method, whereby by tracking news of some coins, you can expect whether their price will rise or fall. Although the prediction in this way is not 100% accurate, you may be lucky many times if you know how to read the news well.
Of course, there are other methods other than this and it is not necessary to rely on one method in trading, but you can choose the method that suits you every time according to different circumstances, and it is also possible to combine several methods together.

Some traders use the news to trade because they find that some action will happen in the market related to that news if the news release. But that can not be a guide because we know that many news created to make a panic to the traders, so they use the short way to save their money from the big loss. Maybe besides using the news as the analysis, we need to learn about technical analysis, so we can have two methods, which will help us analyze better to find what happens to the coins.

That will give a chance to improve our skills if we have both method analysis to get the right time to enter the market to buy the coin at a low price.

The one you know obviously, the more you know the more you can do, if you think there is a set configure that could help you with making money you are very wrong, I am sure that people actually think like that, there is some sort of quick way of making money, do this type of trading or do this type and you will definitely make money! Well that doesn't exist, you can't make money that way, you are going to end up losing money.

This is why I agree that people should actually focus on learning, learn whatever you want and learn how to do it however you want and that is why I want to make sure that you know what you are doing, if you know what you are doing you are going to profit from it, that is why just study your things and whatever it is as long as you do it well you will profit.

The type of trade that is my priority is the type of trading based on technical analysis. Because technical analysis is a method that is able to predict the direction of future price movements by studying price data on the market in the previous period that has been formed on the chart. technical analysis is more difficult than fundamentals. But technical analysis must be learned to read market movements so you will know where the market price is moving.

Sad reality but this is what happening on most people who do tend to make up trades for the first time on where they do hurry to learn up things and even jump to the battlefield without any sufficient
knowledge or even knowing the basics which would really result into a 100% loss and they do realize that they had done the wrong stuff.Trading cant really be learn overnight and this would really be
a pile of trial and error and we know that there are several ways on being a trader and you cant just have to learn it all but rather focus into a path or way on which you are comfortable into neither
you would be a long term or a short-term kind of trader and you do really need to find out on which one works the most on your part.

Types of trading I know, they are about five of them: momentum, scalping, position trading, day trading, and swing trading, and they all require that you know technical analysis. So, saying technical analysis is a type of trading is wrong, technical analysis is necessary, if you don’t know technical analysis you are not yet a trader. As for the news, they do have effect on the market as well, in fact the two things you have mentioned here are just things that are necessary to be a trader, you have to be current with the news and also know technical analysis.

Day trading is the type of trading where you’re taking profit every day, scalping is taking small profits repeatedly, momentum is like following coins that are trending, swing is a short term trend where you target a trend and invest , and lastly position traders can hold for a month or week. To do all these thing you need to know T.A.

I do both, but I'm mostly following the event such as DeFi right now and in my bags mostly it's from my analysis. It's not that big reward I think from my own analysis, but I think by doing that you can learn more and at the time being, you will gain more experience that probably could lead you to gold mine.

That is one of the common mistakes of new traders that just want to earn a profit, Imagine there are experienced traders that are losing even they have sufficient knowledge, What more if you only have a limited of it. Trial and error are effective but you shouldn't risk something if you are doing that especially if it involves money, There are a platform where newbies can practice trading through trial and error that can't cost them a single penny.

The crypto market now is unpredictable, Before I am basing my trading decisions depending on the new event of a certain token but now It's really hard to conclude things to make the right move on trading.

Although both are important for a successful trading, I do believe it is still much better to trade on technical analysis. Technical analysis is extremely important to be able to read the market unlike having to wait for some big news to affect the market.
Without technical analysis, there's no possible way for you to be called a trader. I mean, without technical analysis, how do you even intend to trade?
I'd advice you shouldn't depend on event news to trade. The best thing to do is to trade based on technical analysis.

For a reason that I'm not always watching television or any possible source of news and activities coming, better to have TA's instead. Or it much better to consider them both coz we know already TA is not also effective in some instances. But we also have to keep in mind that the market is so volatile, having them both never give assurance. That trading is just like we are in gambling and the result will be 50/50 but much good if we have knowledge about it.

You may be right on what you stated in the above, But I think scalping is not that easy to apply when you are in the actual trade platform.
I've been doing this and most of the time, in the end, I always lost my coins. Meaning, timing I think is also one of the good tools methods to use when we do trade dude.

To get a good profit, you need to use both methods: technical analysis and news that relate to a specific coin. Everyone knows how the price is affected by news related to listing on the cryptocurrency exchange. And if we are talking about a listing on Binance or Coinbase, the price of a coin on such news can increase by 20-30%.

To really be precise about your targets you will have to analyse as much trends as you can.
You said you can achieve TA then you should consider doing that and along with that you should consider on other types of analysis as well.
Analysing the market through events and news and then doing a research on the fundamentals will make your target price more strong.
Hence you will be able to make your desired profits easily.

In this crypto market every kind of trading is very risky. You may happy because you took profit now and its happend with every one. You makes profit continues but one day you will loose everything what you made and what was yours in the beginning. Because price is manipulated by few people and exchanges. They can move price any direction and you can't do anything. Stop loss also not hit in many times and you loose everything. Leverage trading is more risky which is pramoted by big exchange for their own profit.

for me i don't rely depend on event news i prefer more on the technical analysis since you would be able to analyze the change in the market in real time well sometimes i do read some event news but i think you still need to have knowledge about the project if you are going to base your trade on event news.

There is this popular saying that I hear almost in all groups I join related to cryptocurrency trading which is "buy the rumors, sell the news". If you observe closely that's exactly what's happening in the cryptocurrencies space which is why it seems what we just do here (in this industry) is pump and dump. Majority of the individuals involving themselves in trading focus more on the second category you highlighted, which involved trading based in news.

My question would be what about traders that focus on buying the dip of projects, I once met a users in one of the groups that I joined that doesn't buy any coin that isn't currently in lost. What will that strategy be categorized under and do anyone think it'll be effective resulting to profit?

It is only my question whether technical analysis is always helping even in any sort of market or you need to have knowledge about the fundamentals because in crypto, many people are saying we should always be strong towards fundamentals otherwise we cannot survive in the crypto market.

It depends on the trader I guess and which does he/she prefer the most, For me, I prefer trading base on news because I am not too good at technical analysis but I know some basics on technical analysis. With TA you need to focus on the indicators, charts, etc. and check it all the time. While if you are basing on news you just wait for that particular update  buy the dip and wish that it will skyrocket but it does pay off all the time, it is always a gamble. Using both might be better to lessen the risk.

Crypto trading as an profession and crypto trading as an opportunity to earn some bucks, there are lot of difference between these two type of traders and both can be effective as well as holds risk depends on how much profits they are looking to make but for now if you are an occasional trader just go with the trend but also its better to learn about technical analysis and other strategies if you are getting successful with trend analysis trading.

I am the same, I prefer technical analysis over fundamental analysis because not only there are a lot of fake news circulating in social media the truth is that by the time you find out what happened most likely that movement that you're trying to capture has already happened, however I also believe that people should try to find their own strategy that fits who they are as a person and as a trader and if that means using fundamental analysis and they can get profits out of it that's fine with me.

I prefer based on event news.. Why?
Because in both forex and crypto trading, event news affect currency price more than technical analysis. I've seen a lot of people loose their funds due to technical analysis and I've seen a lot of event news affecting both cryptocurrency price and fiat price.

To enlighten, technical analysis is the study of currency price movement on the charts while fundamental analysis takes a look at how the country’s economy is doing.

Market sentiment analysis determines whether the market is bullish or bearish on the current or future fundamental outlook.

Fundamental factors shape sentiment, while technical analysis helps us visualize that sentiment and apply a framework to create our trade plans.

Those three work hand-in-hand-in-hand to help you come up with good forex trade ideas.

It’s kind of like standing on a three-legged stool.

If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
The same holds true in trading.

If your analysis on any of the three types of trading is weak and you ignore it, there’s a good chance that it will cause you to lose out on your trade!

All the historical price action and economic figures are there – all you have to do is put on your thinking cap and put those analytical skills to the test!

Let me pull out that three-legged stool again just to emphasize the importance of all three types of analysis.

Take out one or two legs of the stool and it’s going to be shaky, right?

In order to become a true Bitcoin trader, you will need to know how to effectively use these three types of Bitcoin market analysis.

Don’t believe us?

Let us give you an example of how focusing on only one type of analysis can turn into a disaster.

👉 Supposedly you’re looking at your charts and you find a good trading opportunity.You get all excited thinking about the money that’s going to be raining down from the sky.You say to yourself, “Man, I’ve never seen a more perfect trading opportunity in BTC/USD. I love my charts. Mwah. Now show me the money!”

👉 You then proceed to buy BTC/USD with a big fat smile on your face (the kind where all your teeth are showing).😂

👉 But wait! All of a sudden the trade makes a 100 pip move in the OTHER DIRECTION! Little did you know, a national judiciary in US🇺🇸 had placed a ban on crypto! Suddenly, everyone’s sentiment towards Bitcoin ’s market turns sour and everyone trades in the opposite direction!

👉 Your big fat smile turns into mush and you start getting angry at your charts. You throw your computer on the ground and begin to pulverize it. You just lost a bunch of money, and now your computer is broken into a billion pieces.And it’s all because you completely ignored fundamental analysis and sentimental analysis.

(Note: This was not based on a real story. This did not happen to me even though it nearly did. I'm never this naive. I am always smart Bitcoin trader…. From the overused sarcasm, I think you get my point.)

Ok, so the story was a little over-dramatized, but you get the point.

Remember how your mother used to tell you as a kid that too much of anything is never good?

Well you might’ve thought that was just hogwash back then but in Bitcoin, the same applies when deciding which type of analysis to use.

Don’t rely on just one.

Instead, you must learn to balance the use of all of them. It is only then that you can really get the most out of your trading.

As far I know, it is any type of trading. If we are able to do it right, then we will definitely benefit from it while if we are not having a good strategy then nothing will work at all. I love it with FreshForex broker, as they have excellent structure with low spreads, high leverage, bonuses and variety of such offering.

i am agree with this points, but once again we should not moved by single analisys technique only. besides news investors will take decision in which price they will entry based on technical analisys, impossible when they know good news released but price still in peak they will decided to buy. ofc waiting price corrected in support or resistance will be safe for them.

It depends on what you are trading.
If you are trading crypto, then know that you are dealing with a high volatile commodity that can make you rich or can make you poor if your decisions are bad. But, if you are trading stocks, specially of reputed companies, you will not be in a serious loss, so it's kind of risk free. I have recently started to invest and trade stocks and I feel it is less complex than trading crypto.

For me a good trader is someone who's open minded and open to any suggestion. you can't rely on your own guts. you need to learn how and when does the trend happen or about to happen. My suggestion is to watch online or local TL news that may trigger big spikes on the currency that your trading.

I think all types of trading are good in time rotation. Different strategies work at different times. So all types of trading should be considered.

Technical analysis is a part of daily trading activities but its not a good idea to depend on it for every single trade. After spending a long time on trading traders can make their own choice list based on past records which give them confidence to move with their own knowledge.   
   
Before following anyone else you can apply your own experience which you have learned from your last trades. I don’t think its a wise decision to completely depend on other people’s prediction. Actually its a game of patience and experience IMO.         

The best thing is that based on TA, all expert traders have a very good understanding of doing technical analysis. Technical analysis cannot be learned in a short time, because this analysis also requires experience apart from TA theory, from this analysis we can understand how the crypto market is. Based on news it is also good, but there are many shortcomings of event news that we can know about, such as FUD, and very often market demand is not the same as event news where an easy example is a hard fork.

I have repeatedly noticed that if you buy on the news, you can get a loss from such trading. In this case, everything will depend on the timely receipt of information. If you buy a coin during the hype after the news is released, then after it subsides, the price of the coin may be lower than you bought it.

I hope you'll find it good. Trading can't be always successful, not even you have learned a lot or you have good strategies. The only thing that usually saves us from getting into mistakes is to trust yourself and not even bothered of what we've heard outside. I come into trading with no knowledge, not at all but I've taken all the losses as a way to improve and to prove that we can make it right at the right time. And this is to realize how important to make our own market analysis than rely on others.

Listening on other calls or inputs isnt really that bad either but when you do already come to a point where you do rely on it then thats the wrong thing to be done.

Trading isnt really for everybody yet the fact that there are traders who've been doing this thing but still on the phase where they cant really be profitable.

Its does really require knowledge and guts is just one of the factors but not necessarily needed. Mistakes are inevitable but thats part of the learning process.

Try to reduce it as minimal as possible.

3. How about a hunch?  :P

There are many trades which I have played based on the hunch and they went out very well.

TA and event news should be the base of everything but honestly if you keep seeing the trade patterns everyday without fail, you start to get a feeling that "today BTC will go down, up, stay as it is"etc etc.

Don't know what kind of trade this would be but for me it's hunch trading.  ;D

---

Who else has done this anytime?

To tell you frankly dude, I had been doing trade in cryptocurrency but I never try to use Trading analysis, I always based it on the actual
happening in the platform exchange. I just observe the movement in the chart then I see the line is giving a signal to buy or sell I will do it immediately of course. But this what I did is not simple because it needs timing implementation when we do trade in the platform.

You can assure yourself to stay in profit in the long term, if you trade with proper technical analysis. But it's not easy to get good knowledge about it. A traders need to spend a lot of time to learn about TA. He or she needs to observe the whole price chart history.
While it's easier to trade based on event news. You just need the perfect timing. But the news may not effect in the price as it will say. Traders also sell their coin with loss while they get panic by false news. With proper technical analysis a good trader can avoid those situation.

You can’t just be relying on events and news, I have seen some events that have taken place many times and people thought that those events were going to make any changes, but that never happened, price still went to an opposite direction to what they thought it was going to be. And as for news? Some people will tell you that bad news is what will make the price of a cryptocurrency to drop, but trust me I see a lot of those bad news every day and the price still doesn’t drop when I see them.

There is still more that goes in to determine where the price is heading to, it’s good to make use of every means possible to predict where price heads to next, but have it in mind that you won’t be able to predict price all the time, it’s under probability.

There are many types of trading that they are good and profitable but the most typical which i like is a peer to peer trading. I like peer to peer trading method because is less risk than many other trading and it's the same as arbitrage trading method. The only challenge of these two methods it's because they required large trading capital.

Hodling also is good when you know how to read the market prices.

Everyone has their own traits in life, some people are good for one thing and some people are good for another, there is no way you could focus on one method and live rest of your life with that, you wouldn't really make any profit at all if you just stick to one method.

Obviously speaking if you just buy bitcoin and never look at it for 20 years and cash out you could profit but that is investment and not trading.

So in trading, check out every single method, check all indicators, check all TA and charts, and combine the best ones you have that resulted with good profits and remove all the ones that was bad and lost you money, that way you could make as much profit as you can hopefully, by using the good details you find in crypto trading TA world.

It depends on the personality of each person. I have surveyed that people with good self-discipline will get a lot of success when trading with TA. And for many people who are not good at controlling their emotions, they trade very well by the method of waiting for news. still many people will be very well suited to hold and basic analysis. we have many different individuals and it is important to understand yourself. When you understand yourself, you will choose the best strategy for you. ;)

However there is one big problem with what you are suggesting, you do not know ahead of time which strategy is going to be the most effective during a particular time frame, and you have no way to identify this ahead of time so whatever strategy that you design needs to take this into account, which is the main reason why so many people tend to specialize on their trading style as there is no advantage on using several styles of trading when you cannot predict which one will be the best one to apply during the current period.

In any case, you can always adjust your strategy, no matter how good it was.

Yeah right. You don't nees to do this or to do that. Find the way which you think the most comfortable for you. You know, if you're a busy person then most preferable for you is based on news but if you have plenty of time then TA would be better. But everything depends from person to person so don't stress yourself copying what others doing :).

But if I really have to choose only one between them then I will go with TA all the way lol. They seems more reliable to me.

I'm not really an expert on my TA, so I combined both of TA and FA which is from news and also events and put two and two together. Well, not every little time it made a sense with my trading, sometimes you just had that bad days you cannot avoid no matter how good you are. You could use any strategies you wanted to as long as you're using them in a correct way. You can make use of event such as new listing on another market moreover if it's a big market. So, a different strategies on a certain circumstances.

Every type of trading is good, it all depends on you and what you want exactly. You have to look into the types of trading there is and then you choose the one you think would work out better for you. If you’re the type of person with so much at hand and you want to be trading all the time, then day trading will be better for you, and you will be collecting profit all the day.

There is also margin trading and position trading. So, you just have to look them up and see what’s better and develop the right strategy towards that. I see some people in this forum that say their full-time job is being a cryptocurrency trader, and those are the people that are into day trading, they are doing like a job and they are relying on it as a means of daily income.

Just as you said, trading based on event is easy, however, there aren't much opportunity in trading based on news unlike in technical analysis. In technical analysis, the opportunity is always there if you now how to read the graph, the trend line, the candlestick, you know where the support and resistance, basically, you can see through how and what the market behaves and that could be a really great tool. It also depends on what market and what kind of trader are you. You could also used both to become at least a 70% win rate trader.

Indeed, trading works for everyone but it should fit on what style you have. For most people, long hold trading just as fine to them, less worry less monitoring less every thing than any trading type. But every one should be wary of this one thing, just trade what you are afford to lose and always know the market situation.

If you don't like getting smash as quickly as possible, don't get too close with these type of trading coz you are trading with leverage with it which is not ideal for surely making profit, though you can try it but honestly it is not recommendable.

All research is important for doing trading. You can't ignore anything. Technical analysis or chart learning or news based, event etc everything is playing a good role in trading. So when you go for buying something you must complete your dyor. For me I usually choose news based coin for trading. Upcoming news events makes a good spike in coin. So for mid term its gives you a good profit.

Like almost all trades in the crypto market it usually depends on our skills it is very easy to succeed in a trade that has good knowledge but i think day trading is better it's easy to make a profit every day and learn something new about the market. In this type of trading you have to enter the trade in a very short time as it is a very short time trade so you have to trade a lot which can be 100 daily. Make very limited profit per trade such as 3-5 pips trading in a dynamic market trend based on a 1 minute chart.

The two you have mentioned are ways of enhancing your day trading and there are still more ways that can help to keep making your trading strategy very strong – the next thing is to be applying stop loss so that if things go wrongly you won’t be losing much, that way you’re minimizing your risks.

The next step is by diversifying your trades, when you diversify your trades you will be able to decrease the risk that is attached daily to a specific coin, you can just diversify with a few coin. Lastly I’d like to say people who wants to be successful in trading using their strategy need to be watching their time.

I think day trading is the good way to generate good amount of money but it is risky. You can choice long term but be sure to select best pairs.

First of all good thinking from you. I basically believe in event news because maximum traders waiting for news as a result when we saw a good coin listing in a good exchanges its demand pass high in market and price also. But if i go for technical analysis without news, there is a chance of fall in zero as its not parallel to time. So i always follow event news.

thanks.

If one can learn technical analysis where charts are involved and also have bit of fundamentals knowledge about market ad coin then it can be a good combination and very much helpful as it will provide the direction in which market is moving and accordingly one will be able to pick the coins and trade based on it. Chances of executing the trades in profits increases with this knowledge.

I think based on depend news most worth to get much profit during start trading with some coin project, I know how accurate with technical analysis but could prediction when have good or bad news, some time bitcoin and altcoin could up extremely after Donald Trump make bad or good news with cryptocurrency. How accurate your analysis will be wrong because investor sell and buy depend which said by some one, maybe when get good news from an exchange and developer will give recommendation to buy and sell some coin later.

Both are needed to trade but technology requires more than the last analysis. If the market is constantly updated then if you can't update yourself in line with the technology then there will be a lot of risk in the case of trade. It will be very difficult to analyze the market. Having a good idea of ​​technology will make it much easier to practice trading charts and pick currencies and make a profit. Crypto market is improving with technology.

I feel trading based on TA & FA Is the best. Technical Analysis and Fundamental Analysis are the widely tipped process that most traders practice and start trade with the assurance to perfect trading.

One core factor to consider is that, when you have mastered the art of ta and fa, you will be able to use the events, news to your advantage at a large scale importance and profit margin.

I think both are essential for both can be a basis to support and make help a trader on doing decision making regarding with his trades because news and technical analysis have something to jive in for what is happening on the technical aspect reflects on the news and vise versa. Both are useful based on my own experience so nothing is better for both are literally useful for like me as a trader. This serves as a factual basis for me to decide on what action I am supposed to do on my trades. Two resources of information are pretty much more having a great chance of accurancy than relying on just one resource. As long as they are getting into the same concept, both technical analysis and news will become useful method for trading.

In my opinion, decisions made on the basis of news about events about a particular practice are the result of fundamental analysis. That is, I want to say that one of the main features of fundamental analysis is the monitoring of information about the cryptocurrency, with the help of which it is possible to predict the nearest prospects of the coin in the cryptocurrency market, which, together with technical analysis, gives an overall picture of what is happening on the market in the present period and for the near future. in relation to a specific cryptocurrency.

If we can only choose one method for our basis on trading, then it should be the technical analysis, but it do need a lot of work and time, if you will be coming up with good decision making and good data analyses, your hardwork will be paid off.
By way of alternative, event news will be a good source of new trends, you might consider riding on the hype that might happen, or you might also consider between going out or in at a particular crypto investment.

Its okay to use technical analysis to read the market however fundamentals will always move the price, without the latter price volatility will be very slow while the former indicates price direction thus agreeing to the fact that both are very important to make profits consistently,
Fundamental news in most cases rubbished technical analysis that is why a trader must have both knowledge and keep an on events related to that particular cryptocurrency, forex or stock traded this will guaranteed and consistent profits.
Although some traders trade and relies only on fundamental analysis which I believed is very risky.

In my opinion, the method based on news is better than that of technical analysis. Most major market moves are caused by news. If there is good news the market will rise sharply and it will fall deeply when there is bad news.

I don't think the news trading method is easy. If you do not have the knowledge and experience you will not know which news is good or bad news for the market.
The majority of people who trade on news are wolves in the crypto market.

I think it's just a habit and how familiar are you with the method.
I prefer to use technical analysis with 4 indicator :

1. Bolinger band
2. Moving average
3. Parabolic SAR
4. Stochastic oscillator

Day trading is the best tools or methods for this thing, but if you do not have enough idea or knowledge about in trading,
perhaps, holding in the long terms is the best replacement for the day trading, although you can do the actual trade but try
to start with small capital first as a newbie.

Basically, trades that are base on news feeds from trusted sources are the best while using your TA for doubt clearance before venture into trade. Though, there are reservations to this, don't get your news from the wrong groups concerning the project rather it should be from the project handles. With this method, I always trade on a mid term basis because sometimes the news doesn't move the market immediately, sometimes it take weeks before seeing the positive effects on the market. So, for me; this is good to my liken.

I generally take the rout of Options. It is considered on the riskier side of things but when it works, it works wonders. Especially on the long term.

In cryptocurrency trading most of the people do trading on the basis of events and news there is a website which tracks all the upcoming news of all the cryptocurrency project like hardfork airdrop mainnet ama session etc. people like me buy cryptocurrency one or two month before any major event and then sell before coming that event I think events based trading is profitable in crypto

I'm not professional in making trading instead I'm using the technique of having knowledge on the market movement and graph but the problem when you will identify which kind of technique to be keep updated.

You can try to watch and read a lot of things related to your coins. But sometimes giving a market sign movement can give you a good hint.

I'm a trader just having knowledge with the use of market movement and sometimes I'm a long term trader still it depends on you how you will manage the trade. By that kind of strategy, I already win most of my trades.

You should be up to date and update will all the crypto related news, to get profit from it. Nothing is technical analysis in trading, instead you should learn of trading.Only trading experience will get technical knowledge about trading.You should hold and sell at right price to get profit.

I think that trading based on technical analysis is more risky, but it can also be much more profitable.
Additionally, you can use a leverage of up to 1:500, but then you have to be very careful and use small amounts.
You can also combine all three techniques. Try to find the moment of the event, use (even basic) AT tools, and if you expect a change in a short period of time, you can also use leverage.
Such a combo can bring amazing profits.
It's best if you test it live on a demo version. There are many exchanges that offer this option, but I was testing it on the SimpleFX platform and it works well for me - link in my signature ;)
Good luck!

Not on all news you need to agree, not all of the information we see on the internet are all right sometimes we need to take a look for more information because today its not hard to make a publish a wrong content or information, in trading this is one of the concepts you need to learn what are the things needed like keep updated about what is the happening on the coin we would like to trade. It is better to if we have a technical analysis of what are the things we should do like you. If you read good content that is related to your coin make it double check also check the market movement of the coin if there is something changes.


There are a two sides of being a trader :

Short term and long term :

In long term trading you just bought a coin into the specific day and wait for the right time to pull it out. It takes time but still we need to have a good patience on this kind of trading.
In short term it quite hard because the market price of the coin sometimes is volatile and stable its your choice but always make sure you need to be aware about the things may happen.

I think both trading theory you mentioned are good for.

1. Based on technical analysis : It's really hard for beginners. Technical analysis seeks to predict price movements by examining historical data, mainly price and volume. But Technical analysis can provide very accurate price predictions if you can study the markets well.

2. Based on event news : It is very easy to do especially for beginners . Event news trading is probably one of the most exciting forms of trading because it can produce instant profits and instant gratification.

Trading is good for quick profit but it's take lot of research and time. News based coin is good for trading. How I trade first I find out coin which have upcoming big event or news then I research about the coin and when I found everything is positive then I buy it and hold it for few days and once its coming in profit then I sold it out and book profit. So I am trying to find out news based coin for trading.

I think the combination of the two is good but TA is also better.

At first I thought that if there is this positive event about Bitcoin or cryptocurrency as a whole, it would affect the price but it is not always the case, I am also doing that because I am not that experienced with trading at all. Then I started to study about the trends and make an adjustments based on that but there is still those risks since you can't actually avoid a risk since no one can perfectly predict the future.

It's good to be stay updated about the future events that will be possible to be conduct in a certain projects. To know when you be able to hold it and wait until it will happen. TA takes to know a lot of time before you be able to apply it. Takes a lot of effort and time will be needed in analyzing the charts and strategies. I'm not familiar with that token he mentioned but its not as good as the other successful project, the possibility of hype will be present on it but for long term, I don't think it will be stay alive for long.

I do believe that in terms of trading it has many techniques that we can used. But nothing beats the experienced you've learned from your past journey. From there we can get alot of technical techniques that i bet will probably a big help to your journey as a trader. You should also check the market value of the coin and of course upon checking you will know if its a time to sell your coin or should hold it for a meantime.

Could you share such link if you have it, that will be helpful for users.

Technical analysis is very difficult for beginners to apply because it relates to the analysis of current prices with the past, market interests, and world political conditions..

really able to provide instant profits but very often it also makes the trader lose, indirectly this is a trader who only makes transactions based on market conditions, for example when the HYPE market then the person buys, but when the market falls, that person sells..

Much depends on the trader's temperament. Not every trader is able to monitor the market on a daily basis and at the same time not perform any actions to buy/sell cryptocurrencies.

It is very important that beginners do not rush to open orders without getting enough knowledge.

Both analyzes give a certain efficiency depending on the state of the market.
If the market is bearish, then technical analysis will show itself best as the purchasing power of the market is reduced.

At the same time, event analysis can work well when there is a large amount of free money in the market, which allows events to influence the crowd in favor of buying.

That's pretty much it. That's the strategy I had in mind while reading OP but I generally hold for long term. I do miss out the short term benefits but I feel it's okay because I don't put in much time to trade.
If I would then this would be the strategy I would follow because crypto is a highly volatile market and is mostly based on the global news.
The market acts more on news and events and less on technical factors. Swing trading along with prediction based on news would yield better results in my opinion than doing normal technical analysis.

This is the most simple and easiest way to think of trading but it is far more than what it is you think. Trading needs well equipped knowledge to swim better over it and if not, losses  will not stop to come. Is better that we be careful to dovit profitable.

I can also recommend not to trade different unknown shitcoins, or any SUSHI or UNI... With them, the probability of losing trades increases many times!
And so I stick to long term trading, with elements of investment!)) For example, now you can buy some coins cheaply, and sell them in six months (hopefully earlier!))) with a profit!

The news and events also create baseless hype at times and we are lured into investing some shit-coins which I have been a victim of, I won't name the coin but they created so much hype that I had dreams of getting rich and just by investing around $1k I was day dreaming and expecting too much but later they never worked on the project and while I was able to get the refund out of their firm jaws but I decided never to buy any coins based on the hype created on telegram by some paid accounts.

At the same time if the news regarding events like BTC halving is about to happen then I am all in for such news because they are real and can be verified so surely the market will move and usually it moves positively so can setup trades.

Nothing among the technical analysis and based from news are much better or good to be compared to the other one for the fact that both are useful to help on analyzing the market and doing decisions with regards to trading because such informations coming from both are useful for the trader himself to act right and be guided on what must be done to be able to rise up the possibility of obtaining profit. Combining the two are a lot more better compared to just picking to just use one from the two. Both are basis and a tool that I use whenever I go trading because what is contained by the news might be reflected on the price chart and what is on the technical analysis sometimes reflects on the news. So both for me are essential.

I don't think it has any links but having links would be very helpful and no one would be a victim of scam airdrop maintenance these are now being scammed most of its projects are in crypto but are actually tracking everything later. That's why day trading is very profitable using your basic knowledge in crypto.

I always believe that such methods can give you short term success because you are not learning but only earning based on the news and information others are giving you.

Although TA requires great level of understanding, ability to read the charts and the power of anticipating actions from the core team, for example a team that is too focused on collecting money via ICO is a bad sign and avoid investing with them while if a dev is lazy and does not care about minor things like SSL on the website that is another bad sign so TA requires some deep understanding but worth every minute you spend.

The two types of trading mentioned in the opening post, I think based on technical analysis is better and more accurate for predicting
price movements in the market, compared to based on event news. Although not everyone understands using technical analysis, but if
you want to be successful in trading you must be willing to learn technical analysis. But it is even more perfect to combine the two type,
our analysis results should be more accurate. And with less volatile market conditions like today, I am happy to do day trading, because
it is safer to do. Even though the resulting profit is much smaller, compared to when the market is high volatile.

Both is very important because it really helpful for the trader what is possible to happen to the coin that you have.
We know news is affected the movement of the coins because it is very powerful but if it's legitimate it indicates if price up or down because if the people see the news they probably make a decision if they are going to buy a coin or not .

As you call it, my trading is based on technical analysis. It's much better when you can calculate and predict everything yourself. In this case you can not blame anyone. Now I'm using Changelly Pro and it gives me a bit more profit then my previous exchange.

how exchange give you profit will you elaborate more? at changelly you can not able to exchange all type of cryptocurrencies, but at Binance or any other exchange you can able to exchange almost all top-level crypto. personally i like to use binance as my regular use of trading,beside Binance i also use kucoin.

I think choose an exchange is not making us any profit we need to follow any strategy what we think suitable for us .I also use Binance cause i have found all of my favorite  pair here .I also trade myself that's why don't need to blame anyone for my losses .