Fundamental or technical, which one you do used?

[LUCKMCFLY]

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

A trader needs to become stronger in both fundamentally and technically because it will be the complete way to be a good trader if you had has the same equally if we gives you the better idea for getting good profit.

If you comes from the Forex field, then you are already good at Technical analysis which is an added advantage for you. If you are new, then you have to learn it first in order to better understand and do good trade.

There has always been a clear competition between technical analysts and fundamental analysts, each defending their point of view, taking into account that they have great advantages and their theories often fail. For the market application, many specialize only in technical analysis, in fact, if you show a chart to a cartography specialist, it will immediately tell you that it is a known chart, which is very likely to happen X thing, if you it gives the same graph to a Fundamental Analyst, it will give it its Intrinsic Value, which may be correct, but in which both will always fail, it is that they can not predict the effects of Supply-Demand, all their analysis can collapse due to volatility In the cryptocurrencies, in the Stock Market, if there is a tragic event, the market will collapse.

If you grasp the best that has the technical analysis and the best that has the fundamental analysis, apart from market knowledge, you can achieve good results, because somehow you need the concepts.

According to one of Wyckoff's books, he explains that in order to fully understand the market, not only the movements and phases of accumulation and distribution must be studied, the methods of technical analysis must be taken into account. In my case, I use a lot of technical analysis tools, such as Fibonacci, Elliot Waves, and I combine them with fundamental analysis, such as, in what areas of the market a possible area of ​​value was produced, how long that liquidity can last.

[Coin-Desk]

I use both Fundamental and technical. Because I have seen that the investment decision is not correct when using the only Fundamental or the only technical. So I think both of the Fundamental and technical considerations should be considered for making the right investment decision. Trading is a very subtle and complex subject. So before making an investment decision, there will be a lot of persuasive identities.

Otherwise, it can be a big loss. Investment decisions should never be ignored. Because of the other profit loss of investment decision depends. Both Fundamental and technical are very important. Depending on anyone, decisions will not be foreseeable.

Thank you

[guoyu78]

In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.

well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

I don’t disagree with you , like you said both are important in trading but you get the best of trading when you apply technical analysis, you have to carefully study opportunities available before venturing into trading and its only technical indicators that can show you the statistical trend gathered from trading activities which will help you to evaluate security strength or weakness, this is how you can get out of panic selling, so to me technical indicators are far more important than the fundamental indicator though it has its own little way of contributing to the success of the trade too.

[BUK2016]

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

[arpon11]

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

[BUK2016]

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

Good to know that you have taken the view of some investors and traders like myself inti consideration for you to be able to make an informed investment decision because that is the only way one can make profit from one investment and not just one sided analysis of the market situation which maybe dengerus to our investment.

[davinchi]

Well, it depends that the one that best work for you, you have to study both thoroughly and apply them first to your trading, then you will fully know the one that works more for you, some market analyst prefer to use technical analysis.

While others prefer to look at fundamental factors such as economics, geopolitics and sentiment while some use both, you can also apply both, for me, I use more of technical indicator though I apply both when necessary but technical still works better for me that fundamental indicator.

[richcorner100]

I always looking in to charting first before buy any crypto, but also only choose good coin to trade, so that mean i use technical ans also fundamental analysis. We have to learn both before doing trading in crypto market to earn profit with less risk because flutuacion of crypto very high.

[Ararbermas]

Since market always experience a fluctuation time on time i prefer to used technical analysis just to determine the real direction of growth rate and to avoid such issues.  But one day it become very hard for me as a trader to monitor the growth rate because of some factors that always exist in the market.  So as of now im planning to make fundamental because probably this is the best solution in this circumstance in my view .

[CarnagexD]

It may vary on what result you are looking for, if you want a precise trade results then follow the fundamentals or the needed ones and if you want a accurate result you can have technical analysis on trading that will be base on charts and price movements unlike fundamentals you are just thinking what could be the next move base on your instincts.

[Slow death]

Well, it depends that the one that best work for you...

in this crypto market the person must be just attentive in the news, forums, social networks and to follow the Devs of the coin, that is everything that the person must do to know if the currency will increase or if the currency will fall. Technical analysis does not work in this crypto market

So as of now im planning to make fundamental because probably this is the best solution in this circumstance in my view .

I believe it has always been the best option

[senyorito123]

Either of the two options to prefer it doesn't matter to me, and yet we can combine the two so that we can gather the best what we can. Being technical is our actions to have when we do trading, and that fundamentals was only the perceptions towards the plans for the asset you have in you. Those tools were very important so that you can reach what you aimed for in the future of your trading career. Being decisive is an intimate actions of being a technical person.

[voztata]

I use both fundamental and technical analysis just to be very sure before making any trade so that I don't lose my money instead of making profit.

I make sure I analyze the charts and the markets properly, I also make use of services like coinmarketcap so I can see the trade on each exchange one after another and be able to know if there will either be a rise in the rise of a particular coin or a dip.

[mersal]

Both are not needed equally in the same times but in sometimes analysing with fundamentally will be important to be a better inverstor but in sometimes technically analysing will be more useful for you so you need to be ready with all both of these things if you want to be a better trader.

[Coyster]

Using all options afforded to you as an investor is the best decision to make and the one which will accrue more success for you as a trader.
Both fundamental and technical analysis are all good to implement and there are many more strategies that can also be used. A combination of them all for the perfect trade isn't such a bad idea, as long as success comes at the end, that is the goal of every trader

[JohnBitCo]

The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.

It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.

The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.

It is better to use both the fundamental and technical analysis as using only one of the method may not give the accurate results. If you asked about forex, then only TA would work. But this is not true in case of crypto currencies. I always follow both TA and FA, before making any trade.

[gantez]

Can someone actually trade and be successful with only fundamentals    To me, relaying on news alone can be dangerous because sometimes, news don't really reflect market direction.

[katerina5643]

In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.

well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing.

My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex.

[Findingnemo]

Can someone actually trade and be successful with only fundamentals    To me, relaying on news alone can be dangerous because sometimes, news don't really reflect market direction.

No one can actually be a trader with cent percent success rate so it is okay to be losing some times,all you need to do is make profits in the long term and make surplus capital from what you invested by doing more profitable trades than more losing trades.

[izanagi narukami]

Since I'm long term investor, fundamental become my choice.

For new trader, it's recommend to learn about fundamental because technical far more difficult and it's also short term trading which if you are not advance for it, you will get absolute loss