Fundamental or technical, which one you do used?

[Genamant]

i follow fundamentals and just basic TA and fortunately i have a group of crypto friends together in a group chat and we help each other by sharing our individual TA and update FA ,but i aim to learn more about Technical analysis so i can be more confident with my trading.

[conected]

many have this confusion even ii had if you are a short term trader then give more preference for technical analysis if you are a long term trader then give more preference for fundamental analysis , if you are both short term and long term trader both analysis is important

- Well, both analyzes are really important and the wise advice is that there is no priority here because this market is a vast ocean, if we have more tools, more thorough analysis, from fundamental to technical, the probability of us being safe and achieving good results is the majority, although choosing an analytical type that suits our purpose is not wrong. However, don't forget that making money is the main purpose we are here, taking advantage of every advantage, every analysis we can, that's the only thing we should care about, instead of thinking of just choosing something that fits

[evader11]

many have this confusion even ii had if you are a short term trader then give more preference for technical analysis if you are a long term trader then give more preference for fundamental analysis , if you are both short term and long term trader both analysis is important

That's true. Because the good news about each cryptocurrency is not everyday so it's not guarantee to just focus in fundamental analysis. Yes the technical analysis is use for day trading and even long term trading because you can read the flow of the chart, you can predict more accurate.

[wxxyrqa]

One way or another, if a person has already made an in-depth analysis of certain projects and is confident in their prospects, then subsequently the trader thus gets preferences.  I think that the whole process of creating your portfolio or assets on the exchanges is precisely because of this.  In any case, everything is based on technical analysis.

[EdenHazard]

Fundamentals is the most used analysis indeed but not only for long term investment,  I am as an active trader do the fundamentals analysis first and then look at the chart pattern as a technical one.

You can always use both fundamentals and technical analysis at the same time , why not ? It's not against anyone rules, not against anything.

I won't call my self as a hypocrite that the technical analysis is better , because yeah everyone know ... math and numbers is the most trusted thing in the world they don't lie , but media do a lot of lies.

I do not understand why people seem to think that you cannot use both technical and fundamental analysis, in fact the combination of the two can make you a more complete and accurate trader, fundamental analysis can tell you which direction the market is most likely to take during the next weeks and months, but as we know the market can be irrational so you could enter too soon if you only use fundamental analysis, but if you complement your strategy with technical analysis and wait until the market begins to give signals that is about to follow your prediction then you can get in the market at the perfect time and over the long run this will save you money and make you a more effective trader.

I think not much people complaining about how they cannot use both analysis at the same time , won't blame you either to think that way.

But here's the problem .. it's so difficult to understand how the technical analysis work for someone who really new in trading , so they use the fundamentals only instead to use both. Even for those who experienced for years ... sometimes they found a difficult times making decision based on the technical analysis.

Things didn't always went smoothly,  a confusing moment ... a fatal error on reading the charts is something that you can't avoid as a human being.

[Arti_Tsy]

I believe that there is no clear win in the strategy to use only technical analysis or only fundamental analysis. The key to success, in my opinion, is the ability to correctly combine both of these approaches.

[dunfida]

many have this confusion even ii had if you are a short term trader then give more preference for technical analysis if you are a long term trader then give more preference for fundamental analysis , if you are both short term and long term trader both analysis is important

- Well, both analyzes are really important and the wise advice is that there is no priority here because this market is a vast ocean, if we have more tools, more thorough analysis, from fundamental to technical, the probability of us being safe and achieving good results is the majority, although choosing an analytical type that suits our purpose is not wrong. However, don't forget that making money is the main purpose we are here, taking advantage of every advantage, every analysis we can, that's the only thing we should care about, instead of thinking of just choosing something that fits

Making yourself prepare for war and as said this is a vast ocean where you would need to have the proper tools and preparations for you to survive on this very volatile and harsh  market which using up all the possible things that can be used as long it can contribute the chances of having of having a profitable trade.Neither it would be technical or fundamental as long it can be applied on your trading analysis then it doesnt matter.

[Rustamm]

Recently, I have been losing money in trading and began to think that technical analysis is not working and is more like a prediction. Therefore, I began to analyze more the news background around cryptocurrencies and now I understand that fundamental analysis is no less important than technical analysis. Perhaps the best option for traders is a combination of technical and fundamental analysis.

[TomArayaSlaya]

Most people these days on folks on Crypto community buy the rumors and sell the news problem is things can take the form of unexpected twists and things can just turn around so trend carefully both technically and fundamentally....I will suggest in take both into considerations but stick with fundamentals first

[Freddy11]

I prefer working out both, as you are not really losing too much at all. If you go for profit making with just one way or approach, it could be very hard to manage. So that’s why we have to do everything before we proceed with the trade for our self. I also follow Crypto News, as I am aware of how much it could make a difference between success and failure. So that’s what we have to be mindful about and ensure that we follow it up all smoothly.

[Yelobe]

I prefer do fundametal trading. Im typical long term trader. Cause newbie like me to hard for learning tecnical analysis.

[iv4n]

I do not think that fundamental analysis and technical analysis should contradict each other. The first and second are only two sides of the same phenomenon. They must complement each other. If they say different things, then probably one of them is lying.

Exactly, they must complement each other. It`s like that with most of the topics on this forum, people always ask same questions this vs that, it`s leading people to choose one of the options, but in a fact you need to consider both if you wish to be complete. We can`t separate fundamental and technical, who wish to be successful in the long run should have some knowledge about both types of analysis.

[Lanatsa]

I do not think that fundamental analysis and technical analysis should contradict each other. The first and second are only two sides of the same phenomenon. They must complement each other. If they say different things, then probably one of them is lying.

Exactly, they must complement each other. It`s like that with most of the topics on this forum, people always ask same questions this vs that, it`s leading people to choose one of the options, but in a fact you need to consider both if you wish to be complete. We can`t separate fundamental and technical, who wish to be successful in the long run should have some knowledge about both types of analysis.

I do heavily agree with this one and I don't know why most people do really need to have a choice between selecting among the two which you can
actually make or do learn up both things with your own trading.Fundamentals together with technical is much more better rather than having a single
one and if you cant make any analysis either of the two then you can consider on selecting one as long you can imply it with your own trades.
Might not be precise anytime but this is far more better than having nothing.

[sana54210]

I prefer working out both, as you are not really losing too much at all. If you go for profit making with just one way or approach, it could be very hard to manage. So that’s why we have to do everything before we proceed with the trade for our self. I also follow Crypto News, as I am aware of how much it could make a difference between success and failure. So that’s what we have to be mindful about and ensure that we follow it up all smoothly.

It is not about not losing anything, the thing with TA is that it is too difficult to use because of the charts that are involved with it, reading charts has never been my thing and that is one of the reason why I use to run away from mathematics in the class when I was in secondary school. Reading charts requires experts and becoming experts mean that you must have really taken time to study every bit of technical analysis and how to read it.

So, I rather prefer to use fundamental analysis, and I think that is all I need for now because I am not a day trader, my investment are all long term investment, I only take profit once in a while when I know that I will still get the good chance of buying the coin back again when the value dip or on correction phase.

[PuertoLibre]

I do not think that fundamental analysis and technical analysis should contradict each other. The first and second are only two sides of the same phenomenon. They must complement each other. If they say different things, then probably one of them is lying.

Exactly, they must complement each other. It`s like that with most of the topics on this forum, people always ask same questions this vs that, it`s leading people to choose one of the options, but in a fact you need to consider both if you wish to be complete. We can`t separate fundamental and technical, who wish to be successful in the long run should have some knowledge about both types of analysis.

Newcomers are lazy and they don't think about long term goals, their main purpose is to find the Holy Grail strategy in the crypto market. They ask some questions due to the lack of understanding of basic stuff related to the trading. The same situation can be found on other crypto trading forums, experienced traders show their last trades with the deep explanation but interested people are not going to share their opinions on each trading setup.
The technical side of the Bitcoin price is easier than charts of the other financial market assets. It doesn't require to test the technical price patterns one by one, the daily chart is not even large for the big screen monitors(just for comparison). The young markets also have a volatility problem which beats the new technical analyses traders. From the fundamental aspects, I don't deny the pressure by the governments to the young financial market which is not accepted as a global centralised market maker.

[Bob Smith]

Well for me, both play an important role. I have always noticed that whenever I take decision based on TA, my trading plans never turn out the way I want. So yes, studying the markets on the basis of both TA and FA is what I follow. Preference also depends on which type of position I want to hold. But for scalping, TA is all you need along with studying its history pattern.

[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.

For the information of the candles, I think it is better to use it when scalping is performed, although scalping has many ways to do it, because when analyzing in very large time intervals, in weeks or days, even in hours, the information varies, The study of Candles can give more efficient results in minimum time fractals.

Always when performing this type of operations, you should try to understand at what stage the market is, to have better confirmations to operate the market and, therefore, not to be confused frequently.

[bcoinseliot]

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.

There are 3 type of analyze method i use for trading: Fundamental,Technical,Sentimental
Fundamental analyze is for finding a confirmation in any uncertainty time period. After finding main direction i prefer to use technical indicators for marking main support,resistance levels in order to get in and exit form position. Sentimental analyze is perfect way to  confirm your opinion with other traders.

That's great that you're able to use three analysis types simultaneously. And I see that you really know what you do, according to your words.
As for me, I prefer to combine making technical analysis and using info bots. At least, I'm testing this approach. Not so long ago I saw the news that my exchange has launched its own infobot, https://t.me/CexIoInfoBot. As I traded relying only on the simplest trading methods, I decided to change my strategy and see the results it'll get. And I like how it works - it sends the report about market and price changes on my Telegram account, then with this data, I open charts and analyze them.

[Freddy11]

I prefer to do both since you are not losing anything at all. I prefer Fundamental Analysis so much more since this is a genuine and right away benefit kind of thing. But if you are not sure about these things then you are not ready to trade. So we have to get the clarity with things especially with trading. And we can really do both Fundamental and Technical if we are truly wishful to succeed in this complicated Crypto field.

[Spaffin]

After reading all the messages, we can conclude that each trader uses both analysis options in their activities.  Nevertheless, I want to clarify that in the cryptocurrency market there are still certain situations where fundamental or specifically technical analysis will be beneficial.  It seems to me that in a more crisis period in the cryptocurrency market, it is best to use fundamental analysis to provide yourself with more detailed information that will help to avoid certain losses when the candles are lowered.