Does technical and fundamental analysis help? My example.

[Desmong]

From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.

[marcous]

The answer to your question lies in your question. Only fundamental technologies allow projects to take off in the long term. This is not a one-day project, it contains the idea of a multibillion-dollar capitalization in the near future. A new blockchain and a developed ecosystem with its close-knit team of professionals and an excellent community will bring benefits to its investors.

That's right bro, this is about how the team will develop the project ecosystem in a more useful direction, so actually this is not too difficult to think about as long as the project team is still able to make an easier path for them to go through in every condition, because recruiting investors is very difficult thing right now.

[wxa7115]

A breaking news still falls within the field of fundamental analysis, which is why you need to be ready to take action at the first sign that a big news is developing, however as time has passed bitcoin is becoming less susceptible to the news, even if it can still present some positive or negative movements they are not as bad as what we could see a few years ago.

So it is important to be careful if you are trading the news as it could backfire and make you lose money that you were not expecting to lose.

That has been what I have been trying to convince people for a long time now but for some reason TA people feel all too powerful and cocky about the fact that "they can read charts", dude I can read charts, been doing that for over 5 years now, doesn't change the fact that the chart could go to shit when Elon tweets, it is still a valid problem.

I have seen people respond to that concern as "well I can get hit by a car tomorrow lol, I am not stopping chart reading just because of unexpected stuff", like Elon tweeting about crypto is some unexpected thing, I am shocked when he goes a week without talking about crypto man, it is just so common at this stage. In any case, I still check the indicators once in a while, but I am a long term investor for a while now (about over a year) and I am fine, I have made my profit and I am just sitting back and relaxing without caring about neither charts not tweets anymore.

What happens is that a great deal of the people choose to specialize in one way of trading, there are those that prefer technical analysis and there are those that prefer fundamental analysis and they try to make it seem as if you cannot use both at the same time when this is simply not accurate.

As you say you can be the greatest genius when it comes to technical analysis but we know that there are events that happens outside of the charts that still can affect them and you cannot really explain what is happening on the charts without using fundamental analysis, so the best strategy is to use both technical analysis and fundamental analysis and use your judgment to see which one of them should be given more weight during a certain period of time.

[Helpme_please]

The answer to your question lies in your question. Only fundamental technologies allow projects to take off in the long term. This is not a one-day project, it contains the idea of a multibillion-dollar capitalization in the near future. A new blockchain and a developed ecosystem with its close-knit team of professionals and an excellent community will bring benefits to its investors.

That's right bro, this is about how the team will develop the project ecosystem in a more useful direction, so actually this is not too difficult to think about as long as the project team is still able to make an easier path for them to go through in every condition, because recruiting investors is very difficult thing right now.

ecosystem will be main thing that could attract demand from crypto investors, impossible for any project could survive and even grwoth for long time but they have no utility and ecosystem. Investors now days become smarter than before , they will join if they see the potency from project. They are educated by dogecoin case which is alot of them trapped in hype and fomo.

[Shasha80]

From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.

It is true that crypto movements are very volatile, making it very difficult to predict. So there is no guarantee that using technical and fundamental
analysis can predict market price movements accurately. But that does not mean doing technical and fundamental analysis is a futile thing to do.
Although there is no guarantee of accuracy, it can help convince us to make a decision. This means that technical and fundamental analysis can reduce
the risk that we will face when investing in crypto.

[Kunnu]

Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.

[jrrsparkles]

Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

[BitTraderCute]

Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

long term investors should not careless with their buying level that describe in technical analisys. Fundamental or technical was good combination tools to analize market ,we become to know why selling our buying coin and in which price we should do this. accuracy rate depend on our skill analizing , did we have proper to knowledge indentify trend or maybe we can't do this.

Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.

structure market was be first thing to analize when we use technical analisys , big picture of market trend are important so we could know how market will moved.

[Clavulanic]

Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

We really been affected with the market volatility several times, and because of that our analysis won't work as expected. This only be applied on certain traders who used day trading method but the risk is probably there to take our profit quickly. Holders should be careful on this situation, let's base out analysis on actual market movements and don't listen to those people who just give their predictions referred to chart all alone.

[stomachgrowls]

Where is the technical analysis? FYI you only made analysis based on its fundamental which is a good thing for a long term investor but short term investor should concentrate more on the technical side and just consider the fundamental a bit just to avoid the scam project. But in real all these analysis and predictions are somewhat give the direction but the accuracy is very low due to the volatile nature of the market.

We really been affected with the market volatility several times, and because of that our analysis won't work as expected. This only be applied on certain traders who used day trading method but the risk is probably there to take our profit quickly. Holders should be careful on this situation, let's base out analysis on actual market movements and don't listen to those people who just give their predictions referred to chart all alone.

As a trader then you should have Plan B's Plan C's and so on because when our Plan A had failed or didnt work then we could always have a back up plan on how to handle things up an of course we do really need sufficient analysis with that which might neither be composed with Technical or Fundamental or even bought.Doesnt matter which one you would make use as long it would really be relevant towards your trading.

This two had been commonly used when it comes to trading or making out decisions because if you do just make out positions without any basis then its just purely gambling since you are doing things without any analysis.

Do those things actually help? Yes, it does and its just normal that you would really be using those tools for you to sustain this market and at least have the idea on what are the things you should gonna do.

[wxa7115]

From what I've seen for years now with the behavior of the cryptocurrency market, Technical and Fundamental analysis doesn't work always for the market. Although knowing it wouldn't be bad for a trader about it doesn't always work Everytime. The cryptocurrency market as different forces that push the market to any direction without it being in the direction of fundamental or technical analysis making it too volatile with high risks involved.

It is true that crypto movements are very volatile, making it very difficult to predict. So there is no guarantee that using technical and fundamental
analysis can predict market price movements accurately. But that does not mean doing technical and fundamental analysis is a futile thing to do.
Although there is no guarantee of accuracy, it can help convince us to make a decision. This means that technical and fundamental analysis can reduce
the risk that we will face when investing in crypto.

The greatest advantage that technical analysis gives you is not great accuracy but the ability to enter and exit a trade at the same exact conditions every single time, this is something impossible to do just with your own judgment but with technical analysis this is possible and this means that you can get consistent results.

This means that if you have a winning strategy even if you lose several trades in a row you know that sooner or later you will earn money in the markets. You just need to be patient and eventually the results will turn positive once again.

[Serco]

Of course technical and fundamental analyses are a necessary step before investing in any altcoin if we could able to do such things properly then it will definitely help a lot to chose suitable altcoins for investment nevertheless I think doing technical analysis of an altcoin must be our first priority because I think a technical structure of an altcoin determines its future.

it is necessary to do before we put our money into projects. alot indicators that used to determine or analizing some project worthed or not. and technical fundamental analisys should be our strategy to know this. market structure or price structure could tell us, which direction they will going to. by following this structure i am believe we could earn money with lower risk.