Technical or fundamental analysis: what is the best choice?

[harastvo]

Technical analysis is very practical, accurate in the short term and convenient in terms of selecting points for entering the market. He does not require any complex skills and specific skills.

However, technical analysis is limited by its own postulates and often does not "notice" the undervalued crypto-currencies that would quickly reveal a fundamental analysis

The fundamental analysis is more labor-intensive and complex, less accessible to novice investors, but the most effective for long-term investment. These types of analysis are so different that the best solution seems to be using both of them. This is exactly what experienced traders advise to do.

The ideal scheme for analyzing the crypto-currency market includes both technical and fundamental analysis. With the help of fundamental analysis, the investor can select the most promising coins and make a decision on the allocation of investments. A technical analysis will help him choose the optimal time taking profit.

You can also act in the reverse order. For example, use technical analysis to find the crypto currency in an uptrend, and then check with a fundamental analysis whether there are objective reasons for its growth.

The combination of shadow and fundamental analysis plays into the hands of both traders who are interested in quick earnings on high volatility of the crypto currency, and portfolio investors who form deposits for long periods.

However, only those who already have experience with crypto-currencies will be able to use them correctly. If the basics of technical analysis can be learned even on YouTube videos, then fundamental analysis for beginners is generally not available.

For starters, you just need to read analytical summaries, take part in discussions at thematic forums such as www.bitcointalk.org and raise your level with all available training materials.

What do you prefer: technical or fundamental analysis?

[Tytanowy Janusz]

For me fundamental analysis is good for longterm investment. For short term feeling market emotions is more important. Knowing when there is panic peak etc - dont confuse it with TA.

TA:

TA worked years ago. Now majority of volume is made by bots and ai bots.
Most of TA indicators was made years ago for low variability stock market when you need to call your broker to made trade.
TA especialy dont work on market this small bacause even few mil used wisely by whale can push price +-50%

TA indicators investor is like trading bot but much slower, more stupid and susceptible for emotions and gambling. You become piggybank for those bots who will alwais be faster and better than you.

[dunfida]

For me fundamental analysis is good for longterm investment. For short term feeling market emotions is more important. Knowing when there is panic peak etc - dont confuse it with TA.

TA:

TA worked years ago. Now majority of volume is made by bots and ai bots.
Most of TA indicators was made years ago for low variability stock market when you need to call your broker to made trade.
TA especialy dont work on market this small bacause even few mil used wisely by whale can push price +-50%

TA indicators investor is like trading bot but much slower, more stupid and susceptible for emotions and gambling. You become piggybank for those bots who will alwais be faster and better than you.

Agree on some points when it comes to the influence of bots but still technical analysis is widely used up by most traders here on crypto and yes it might not be precise or accurate compared to stocks or forex markets but somehow its much better to have these kind of analysis rather than on not having any indicators at all. Why would choose up between technical or fundamental if we can able to apply both things? It would be much better for us to use technical and fundamentals at the same time, might not be easy but would really be worth of.

[brontosaurus]

Technical analysis is very practical, accurate in the short term and convenient in terms of selecting points for entering the market. He does not require any complex skills and specific skills.

However, technical analysis is limited by its own postulates and often does not "notice" the undervalued crypto-currencies that would quickly reveal a fundamental analysis

The fundamental analysis is more labor-intensive and complex, less accessible to novice investors, but the most effective for long-term investment. These types of analysis are so different that the best solution seems to be using both of them. This is exactly what experienced traders advise to do.

The ideal scheme for analyzing the crypto-currency market includes both technical and fundamental analysis. With the help of fundamental analysis, the investor can select the most promising coins and make a decision on the allocation of investments. A technical analysis will help him choose the optimal time taking profit.

You can also act in the reverse order. For example, use technical analysis to find the crypto currency in an uptrend, and then check with a fundamental analysis whether there are objective reasons for its growth.

The combination of shadow and fundamental analysis plays into the hands of both traders who are interested in quick earnings on high volatility of the crypto currency, and portfolio investors who form deposits for long periods.

However, only those who already have experience with crypto-currencies will be able to use them correctly. If the basics of technical analysis can be learned even on YouTube videos, then fundamental analysis for beginners is generally not available.

For starters, you just need to read analytical summaries, take part in discussions at thematic forums such as www.bitcointalk.org and raise your level with all available training materials.

What do you prefer: technical or fundamental analysis?

Why you have to choose one? The combination is best if you want to succeed in crypto market. Technical analysis and fundamental analysis are often seen as opposing approaches to analyzing securities, but many investors have experienced success by combining the two techniques. For example, an investor may use fundamental analysis to identify an undervalued stock and use technical analysis to find a specific entry and exit point for the position. Often times, this combination works best when a security is severely oversold and entering the position too early could prove costly.

[wayancrypto]

When you want to learn how to trade, you have to learn it both. Technical analysis is usefull in day trading and for long term investment you have to learn fundamental analysis. Fundamental analysis consist of the team founder of project is solid or not and what problem they want try to solve. Technical analysis is does not work accurated in crypto trading but this is very usefull for short trading to understanding support and resistance area.

[herurist]

Technical analysis is very practical, accurate in the short term and convenient in terms of selecting points for entering the market. He does not require any complex skills and specific skills.

However, technical analysis is limited by its own postulates and often does not "notice" the undervalued crypto-currencies that would quickly reveal a fundamental analysis

The fundamental analysis is more labor-intensive and complex, less accessible to novice investors, but the most effective for long-term investment. These types of analysis are so different that the best solution seems to be using both of them. This is exactly what experienced traders advise to do.

The ideal scheme for analyzing the crypto-currency market includes both technical and fundamental analysis. With the help of fundamental analysis, the investor can select the most promising coins and make a decision on the allocation of investments. A technical analysis will help him choose the optimal time taking profit.

You can also act in the reverse order. For example, use technical analysis to find the crypto currency in an uptrend, and then check with a fundamental analysis whether there are objective reasons for its growth.

The combination of shadow and fundamental analysis plays into the hands of both traders who are interested in quick earnings on high volatility of the crypto currency, and portfolio investors who form deposits for long periods.

However, only those who already have experience with crypto-currencies will be able to use them correctly. If the basics of technical analysis can be learned even on YouTube videos, then fundamental analysis for beginners is generally not available.

For starters, you just need to read analytical summaries, take part in discussions at thematic forums such as www.bitcointalk.org and raise your level with all available training materials.

What do you prefer: technical or fundamental analysis?

You can choose any analysis you want or combine both as long you understand how it works. Technical depend number ( chart ) and fundamental depend rumors/ news, which one is the best? try it and find the result for you. For me, technical analysis is more profitable because I already have income even not in big profit but still work for me. I only suggest just try it and find the best for you.

[Altcoins enthusiast]

If you want to become a successful trader you must have skills and understand of both technical and fundamentals analysis.  A bird that will fly successful will always used two wing.  You can not used one and forgotten the other.  If you must succeed both technical and fundamentals must form your investment knowledge  and idea.

[Raypok]

I'm trading for 20+ years now in the financial markets and in my experience i can tell you that fundamental analysis doesn't work for me. You can have good fundamentals and price goes down, bad fundamentals and price goes up. There's only one thing that matters and that is price, so i use technical analysis!
It depends on your trading style how and what TA you want to us. I use different trading systems side by side because there is no holy grail system that works all the time. So i use 3 different systems, Trendfollowing, Mean Reversion and a system that buys oversold pullbacks in uptrends.

If you are just starting at TA i advise you to start out with one system and master it before you take the next step. And remember discipline is the most important key feature of all. Without that you can turn a winning system into losing

Good luck trading!

 

[ervinmadureri]

Technical analysis is very practical, accurate in the short term and convenient in terms of selecting points for entering the market. He does not require any complex skills and specific skills.

However, technical analysis is limited by its own postulates and often does not "notice" the undervalued crypto-currencies that would quickly reveal a fundamental analysis

The fundamental analysis is more labor-intensive and complex, less accessible to novice investors, but the most effective for long-term investment. These types of analysis are so different that the best solution seems to be using both of them. This is exactly what experienced traders advise to do.

The ideal scheme for analyzing the crypto-currency market includes both technical and fundamental analysis. With the help of fundamental analysis, the investor can select the most promising coins and make a decision on the allocation of investments. A technical analysis will help him choose the optimal time taking profit.

You can also act in the reverse order. For example, use technical analysis to find the crypto currency in an uptrend, and then check with a fundamental analysis whether there are objective reasons for its growth.

The combination of shadow and fundamental analysis plays into the hands of both traders who are interested in quick earnings on high volatility of the crypto currency, and portfolio investors who form deposits for long periods.

However, only those who already have experience with crypto-currencies will be able to use them correctly. If the basics of technical analysis can be learned even on YouTube videos, then fundamental analysis for beginners is generally not available.

For starters, you just need to read analytical summaries, take part in discussions at thematic forums such as www.bitcointalk.org and raise your level with all available training materials.

What do you prefer: technical or fundamental analysis?

The market is bearish in the long run so you have to be aware of the basics of technical analysis to survive in the market. Bitcoin prices are constantly fluctuating, you need to understand the market is in what stage and at this stage you should do, bitcoin prices are constantly fluctuating, so in order to successfully trade you need to Accurately calculates, combines market information and always follows bitcoin pricing.

Only short-term investment!

[usmanov123]

I think it's better to do both. If someone is investing long-term fundamentals are more important. If its a short-term trade its OK to do TA based decision I think

[gantez]

For cryptocurrency, fundamental is better especially with long term hodl. In this, fundamental are the roadmap/whitepaper and the schedules of the team from time to time including when making listing in new exchanges. For me, it is better if you are hodling.

[justdimin]

They are both a very good choice depending on how well you know how to use them. When both are combined especially in a regulated market, it ends up giving you an advantage. The best choice must be combination of both technical analysis and fundamental analysis.

Nevertheless, in any way, one cannot do without TA and most of the time; it is a lot better than just relying on fundamental analysis completely, most especially when it comes to a market such as the cryptocurrency market where you still have to use your discretion without any emotion most of the time.

[darewaller]

When you want to learn how to trade, you have to learn it both. Technical analysis is usefull in day trading and for long term investment you have to learn fundamental analysis. Fundamental analysis consist of the team founder of project is solid or not and what problem they want try to solve. Technical analysis is does not work accurated in crypto trading but this is very usefull for short trading to understanding support and resistance area.

Yes, learning it both will be a great advantage, but to me, the best thing to learn as a trader most of the time is technical analysis so as to help guide you on making decisions. Even sometimes, most especially in the cryptocurrency market, fundamental really will not work. However, for those who may be in the long term style of trading, it can help combining some little bit of technical analysis and most of fundamental analysis but really, technical analysis gives a lot more advantage to a trader than fundamental analysis.

[Alonso92]

i personally believe a blend of both technical and fundamental analysis is cool but doesnt necessarily mean one is immuned from making faulty investment decision.

[omfg.xekcep]

My experience tell me that neither a technical analysis nor fundamental analysis works fine because market is much difficult to explain it by formulas or patterns. Neither TA nor FA does not take into account sentiments, inside trading and so on.
From time to time TA or FA works well but it is not enough to successful trading.

[carlfebz2]

I think it's better to do both. If someone is investing long-term fundamentals are more important. If its a short-term trade its OK to do TA based decision I think

Even on long term aspect you can still make use of Technical analaysis on which it would completely correlate with your fundamentals which i do applied it also with my trading ways.The thing here aboutt TA is that this is commonly used for shorter timeframes where specific indicators being used on a matter of time on what you are engaging on. Best choice would vary on your needs the thing you do need is to mixed either both or just focusing on single way as long you are doing effective trades then stick with it.

[darkangel11]

I think it's better to do both. If someone is investing long-term fundamentals are more important. If its a short-term trade its OK to do TA based decision I think

Even on long term aspect you can still make use of Technical analaysis on which it would completely correlate with your fundamentals which i do applied it also with my trading ways.The thing here aboutt TA is that this is commonly used for shorter timeframes where specific indicators being used on a matter of time on what you are engaging on. Best choice would vary on your needs the thing you do need is to mixed either both or just focusing on single way as long you are doing effective trades then stick with it.

Of course. While I like to say that TA doesn't work with BTC, it's not always like that. Some very obvious patterns remain and people do follow them. For instance every time BTC hits double top or bottom it tends to reverse and it's been like that for years. Same with decreasing volume. It usually signals a breakout.
The more obvious the signs the more people will notice them and follow. I usually go after the fundamentals, that's why I'm holding BTC now.

[nl247]

I would rather choose TA. Technical analysis works a whole lot and no trader can obviously do without it. During my years of being mentored, I got it into my thick skull never to expect 100% profitable trade most of the time.

The essence of TA is to guide you on the possibilities of the market movement with the use of certain patterns and indicators, but they are not there to predict the future for you which is the reason a lot of people think it does not work.

I simply have been using TA for a long time now, and it has worked for me 70 - 80% of the time. Stop loss was never put there as decoration and they are meant for you to use while understanding that as much as your TA depicts the possibility of a particular direction, things can still go haywire.

[lavishlifing]

For me, Technical Analysis for day trading while fundamental analysis when I will hodl long term.

[Supercrypt]

I'm trading for 20+ years now in the financial markets and in my experience i can tell you that fundamental analysis doesn't work for me. You can have good fundamentals and price goes down, bad fundamentals and price goes up. There's only one thing that matters and that is price, so i use technical analysis!
It depends on your trading style how and what TA you want to us. I use different trading systems side by side because there is no holy grail system that works all the time. So i use 3 different systems, Trendfollowing, Mean Reversion and a system that buys oversold pullbacks in uptrends.

If you are just starting at TA i advise you to start out with one system and master it before you take the next step. And remember discipline is the most important key feature of all. Without that you can turn a winning system into losing

Fundamental analysis has never worked for me either and in fact, why stress myself trying to go through every details of what is happening to a market fundamentally, when the market can just give me all I need to know about its movement by making use of technical analysis and also keeping it at the back of my mind that I still need my stop loss anyway which most times does not even get activated anyway.

Technical analysis is simply the best for any trader that is ready to take the best advantage of the market.