TA or FA which is a better choice for market speculation.

[Markinzo]

As traders in cryptocurrency trading what kind of framework of analysis do you prefer best to be taken (as an approach) into consideration when it comes to speculating the future of the market (when to buy and sell), be it on a long term or short term?

Is it with: TECHNICAL ANALYSIS
       or

 FUNDAMENTAL ANALYSIS.

I'll like to throw some light about the above mentioned analysis for the benefit of those that have a floating or no knowledge about both. So as to accommodate a wide range of opinions.

Now, simply put, Technical Analysts believe that "past price movement can dictate future price movement". Technical Analysts don't try to find out the intrinsic value of an asset, rather, they look at historical trading activity and try to identify opportunities based on that.

On the other hand, Fundamental Analysis is a framework that aims to identify the "true value" of an asset. Analysts here study the economic and financial factors to figure out if the market valuation of an asset is fair, etc.
SOURCE: bit.ly/AcademyEBook2
                           bit.ly/AcademyEBook1

From the above explanation which could you as a trader possibly go with and why?

Let's discuss.

[Oshosondy]

From the above explanation which could you as a trader possibly go with and why?

Let me put it like this, the most fundamental aspect of trading is the technical analysis but the fundamental analysis can be helpful sometimes as trends can affect the market.

Example is if China declears today that they want to legalize bitcoin, people will fomo and buy definitely. That is technical analysis but which make bitcoin price to go in the up direction.

If you remebe the time China finally ban bitcoin, the price decrease from $45000 to almost $30000 in some hours. That is fundamental analysis. As some people heard to news of the ban, they were selling.

But technically analysis is very important because the price of coins like bitcoin are following certain patterns. Example is an indicator like RSI that indicates overbought market which indicates that you should sell, or that indicates an oversold market which indicates you should buy. Another is RSI that indicates a market you should enter but leave in short time like minutes after making few profits as it indicates the market may likely reverse back. Technical analysis is very important. This is the basic aspect new traders must learn about trading.

[stomachgrowls]

From the above explanation which could you as a trader possibly go with and why?

They could either go with technical or fundamentals but this would really be on situational manner because not all would really be that knowledgeable with TA or even realizing or studying FA's

but it isnt bad to have both and acquiring both knowledge too because it would really be helpful but to consider that not all the times we are seeing news or events in the market thats the time
that people would stick out with technical analysis even though its not precise but its better rather than on making out some trades without any basis.

[NewRanger]

From the above explanation which could you as a trader possibly go with and why?

~
Example is if China declears today that they want to legalize bitcoin, people will fomo and buy definitely. That is technical analysis but which make bitcoin price to go in the up direction.

If you remebe the time China finally ban bitcoin, the price decrease from $45000 to almost $30000 in some hours. That is fundamental analysis. As some people heard to news of the ban, they were selling.

both of them actually fundamental news which is influence price movement . in technical analisys , at which price level we will short or buy bitcoin to get maximum profits with less risk. fundamental news will drive price goes up and down , and i am believe that is wrong example for fundamental explanation. market sentiment , global news that spreaded in market included in fundamental analisys.

[Franctoshi]

I prefer TA over FA because everything regarding fundamentals are represented there in the chart but that doesn't mean I don't use both of them some times news event does not have any impact on the market imagine trading in the direction of news hopping it will have impact while the market does otherwise and while for TA u will see everything in the chart even when there is change in direction.

[Bitcoin_Arena]

Example is an indicator like Fibonacci retracement that indicates overbought market which indicates that you should sell, or that indicates an oversold market which indicates you should buy. Another is RSI that indicates a market you should enter but leave in short time like minutes after making few profits as it indicates the market may likely reverse back. Technical analysis is very important. This is the basic aspect new traders must learn about trading.

Looks like you have got something mixed up here, Fibonacci retracements help to determine the support and resistance levels and not over bought or over sold market conditions.

For overbought or oversold market conditions, you will have to use RSI or Stochastic Oscillator to help identify them,

[sheenshane]

I prefer TA over FA because everything regarding fundamentals are represented there in the chart but that doesn't mean I don't use both of them some times news event does not have any impact on the market imagine trading in the direction of news hopping it will have impact while the market does otherwise and while for TA u will see everything in the chart even when there is change in direction.

Remember that you must have always a comparison with your analysis.
I respect your choice but IMO, both are useful to me to forecast the price in the market, both TA and FA are useful to draw a conclusion and speculation but remember they are just a tool to predict the market price, we should know that we don't know how accurate they are upon making such speculation.

IMO, if you've different preferences it is easy to predict the market price.

[Oceat]

From the above explanation which could you as a trader possibly go with and why?

They could either go with technical or fundamentals but this would really be on situational manner because not all would really be that knowledgeable with TA or even realizing or studying FA's

but it isnt bad to have both and acquiring both knowledge too because it would really be helpful but to consider that not all the times we are seeing news or events in the market thats the time
that people would stick out with technical analysis even though its not precise but its better rather than on making out some trades without any basis.

Always choose the two there's no difference if you don't use the other one since it is both helpful in your trading. Plus there are other strategy to use in trading other than TA and FA but these two are important IMO since it can tell you if the market is in bullish or bearish trend. But just like what you said, taking some of the idea from each of it is not bad and is helpful enough for your trading journey.

[TimeTeller]

From the above explanation which could you as a trader possibly go with and why?

They could either go with technical or fundamentals but this would really be on situational manner because not all would really be that knowledgeable with TA or even realizing or studying FA's

but it isnt bad to have both and acquiring both knowledge too because it would really be helpful but to consider that not all the times we are seeing news or events in the market thats the time
that people would stick out with technical analysis even though its not precise but its better rather than on making out some trades without any basis.

Always choose the two there's no difference if you don't use the other one since it is both helpful in your trading.

Knowing and learning the two will give you better advantage in the trading market.
But aside from that, if you are trading a particular coin, you should also educate yourself about the updates of the coin.
Those TAs will not help you if you have no idea what is happening on the coin itself.
You may be looking at the graphs, but you have no clue of why they do have that kind of trend in the market.
Joining the social media channels of the coin will also give you hints on what the team is planning or where the coin is heading at.

[Fatunad]

From the above explanation which could you as a trader possibly go with and why?

They could either go with technical or fundamentals but this would really be on situational manner because not all would really be that knowledgeable with TA or even realizing or studying FA's

but it isnt bad to have both and acquiring both knowledge too because it would really be helpful but to consider that not all the times we are seeing news or events in the market thats the time
that people would stick out with technical analysis even though its not precise but its better rather than on making out some trades without any basis.

Always choose the two there's no difference if you don't use the other one since it is both helpful in your trading.

Knowing and learning the two will give you better advantage in the trading market.
But aside from that, if you are trading a particular coin, you should also educate yourself about the updates of the coin.
Those TAs will not help you if you have no idea what is happening on the coin itself.
You may be looking at the graphs, but you have no clue of why they do have that kind of trend in the market.
Joining the social media channels of the coin will also give you hints on what the team is planning or where the coin is heading at.

Always follow their progress and updates if you are really that serious on investing on a particular project because this is where you do see the potential price increase if the community find out that
such upgrade or update does really help for the coin to be more useful because this is on where most investors do really matter or depend on which a coin isnt only driven with some hype
but rather had focused on its actual usage or utility. So its up to you on how you do able to handle it out.

[tbct_mt2]

To easy your life, you only have to read Bitcoin's fundamentals such as its total supply, current circulating supply, future supply left, halving years, etc. and be fully aware of how many Bitcoin left for mining and in future supply. How will the future supply be decreased after each halving.

When you are comprehensive understand about such fundamentals, you can invest in Bitcoin with your money. Remember, I only advice you to invest with your money, not from bank loan, personal loan, whatever loan type.

You don't have to fall into chronic headache with TA or FA.

[palle11]

By no means will I prefer fundamental analysis of the aspect of trading to technical analysis of the aspect of trading. This is clearer with market speculation when you use technical. The technical indicators when watched closely are very good to speculate the future occurrence of the market but fundamental is not really giving the required gradual movement of price because it is more in news that push up or draw back the price raising unnecessary panic, fear and sentiment that is not sustainable. Technical aspect of the market is gradually fulfilling the market sentiment.

[Wexnident]

Afaik the one you'd be using most of the time would be Technical Analysis, while Fundamental Analysis would be used on a case-by-case basis. After all, fundamental analysis requires you to identify which factor or variable would inevitably make a big impact on the market, so it isn't something you'd always use but rather only when it's applicable. Still, it isn't wrong or bad to use both of them imo, I myself have mostly used FA's when I first started then started bringing TA's to compare with what I have.

[el kaka22]

Afaik the one you'd be using most of the time would be Technical Analysis, while Fundamental Analysis would be used on a case-by-case basis. After all, fundamental analysis requires you to identify which factor or variable would inevitably make a big impact on the market, so it isn't something you'd always use but rather only when it's applicable. Still, it isn't wrong or bad to use both of them imo, I myself have mostly used FA's when I first started then started bringing TA's to compare with what I have.

TA is the thing that you use daily to make sure that you are aware what the market is thinking, that way you are learning what others are thinking and that gives you a proper answer for the future and what you could do. FA is the thing that you use when you want to go in depth and check if you should make that dive it is not for understanding the market, it is for understanding if it is the right time and if you should get in right away.

Basically one tells you what is going on, and one tells you when it's time. With TA, you could simply just use it and see what people think and invest accordingly but you will be failing to figure out the perfect timing, with FA you will never understand what the macro economy and what market is doing.

[AakZaki]

To easy your life, you only have to read Bitcoin's fundamentals such as its total supply, current circulating supply, future supply left, halving years, etc. and be fully aware of how many Bitcoin left for mining and in future supply. How will the future supply be decreased after each halving.

When you are comprehensive understand about such fundamentals, you can invest in Bitcoin with your money. Remember, I only advice you to invest with your money, not from bank loan, personal loan, whatever loan type.

You don't have to fall into chronic headache with TA or FA.

Maybe what you are saying is that for the long term an investor is not a trader. I strongly disagree if we only look at the total supply in circulation. Today it cannot be your reference for profit or traders. Maybe for BTC it's pretty good but what about the other coins? it's not the best choice. Technical analysis and fundamental analysis is a trader's need if they do not master it, they will not last long.

[milewilda]

Afaik the one you'd be using most of the time would be Technical Analysis, while Fundamental Analysis would be used on a case-by-case basis. After all, fundamental analysis requires you to identify which factor or variable would inevitably make a big impact on the market, so it isn't something you'd always use but rather only when it's applicable. Still, it isn't wrong or bad to use both of them imo, I myself have mostly used FA's when I first started then started bringing TA's to compare with what I have.

Most of the time you would really be using technical analysis and just like on what others been saying that not all the times there would be some news or events that do happen in the market which you would really make out some application into your analysis basing on fundamentals and not all the time we are really seeing various informations which you could make use which means that you wont really be having any direction but rather make use of technical indicators even though its not really that assured or giving out the result you are hoping for but this is better rather than on making
some random guesses on where the price could possibly actually go.

[strunberg]

To easy your life, you only have to read Bitcoin's fundamentals such as its total supply, current circulating supply, future supply left, halving years, etc. and be fully aware of how many Bitcoin left for mining and in future supply. How will the future supply be decreased after each halving.

When you are comprehensive understand about such fundamentals, you can invest in Bitcoin with your money. Remember, I only advice you to invest with your money, not from bank loan, personal loan, whatever loan type.

You don't have to fall into chronic headache with TA or FA.

Maybe what you are saying is that for the long term an investor is not a trader. I strongly disagree if we only look at the total supply in circulation. Today it cannot be your reference for profit or traders. Maybe for BTC it's pretty good but what about the other coins? it's not the best choice. Technical analysis and fundamental analysis is a trader's need if they do not master it, they will not last long.

if we only look on total supply or circulating supply only, there are alot project have it less than bitcoin but in fact coin price even below bitcoin or even less than a dollar. beside supply there are complicated factors that will support projects, and most of investors will look the fundamental behind it. combination between technical and fundamental analisys was best practice to predict the future of any projects.

[goaldigger]

I used TA for trading while FA for holding a specific coin/token. They both good, you just have to use it depends on your strategies and risk tolerance. You can actually combine this two and have a good investment result.

Though FA is not that a big deal in cryptomarket simply because of the hype which can also invalidate TA. The volatility are more high here, if you are going to trade make sure you use all the necessary indicators to have a more effective trading straregy.

[Kelvinid]

If you are in trading,
Technical analysis is certainly important - it is a way of predicting what might happens next after looking at the market chart, price movements, and trade volume for a particular project. In general, it is determining the possible direction of the project.

But if you are talking about Holding,
 Fundamental Analysis is highly recommended for this refers to the security of the project if we can assure that years from the value will grow.

[yhiaali3]

For me, I prefer fundamental analysis, because I simply do not like the intricacies of technical analysis, especially that it makes mistakes often due to the constantly changing nature of the market and the difficulty of repeating history accurately. Yes, it succeeds often, but it is difficult to predict the market movement 100% based on the study of movement The previous one because many circumstances occur and force the market movement to change, which leads to a change in the price movement based on the new data, so I think it is better to rely on fundamental analysis in trading.