Fundamental vs Technical?

[butka]

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

Fundamentals tell you what to buy. Technicals tell you when to buy.

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

The entire source article is well worth reading. 

[Mahanton]

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?

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.

[rodskee]

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 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

[spiker777]

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.

[tenakha]

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.

[crzy]

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.

[rose9696]

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?

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.

[figmentofmyass]

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.

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.

[Kemarit]

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

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.