Fundamental or Technical Analyst. Which one are you?

[Johnyz]

I’m still wondering why many are still confused about the function of this two and wondering why they have to choose only one where in fact they can use both to have a better result. FA can be a good warning not to invest on new projects with a poor plan and roadmap, while TA tells the price trend which can help you decide either to buy now or wait further. Traders are using FA without noticing it, news and looking at the total supply are FA because that talks about the project itself. If your focus is purely price trend, then that’s TA.

[samcrypto]

I’m still wondering why many are still confused about the function of this two and wondering why they have to choose only one where in fact they can use both to have a better result. FA can be a good warning not to invest on new projects with a poor plan and roadmap, while TA tells the price trend which can help you decide either to buy now or wait further. Traders are using FA without noticing it, news and looking at the total supply are FA because that talks about the project itself. If your focus is purely price trend, then that’s TA.

It can both work better sometimes but many are focusing on TA which is fine as long as they know how to maximize it.
We all have our own strategy and different approach towards this market, what goods for us might not be ok to others same thing with TA and FA. I do use this both sometimes but since I'm trading with only good coins, I'm confident that they already have a good Fundamentals and that's why I tend to skip that part. FA might play its crucial role if you are dealing with the shicoins, I suggest to do this at all cost.

[blockman]

There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.

I agree, most of the traders that I see is that they're more for technical analysis. But I tell you what, it's better to have a balanced analysis and you're covering both of them.
I'm more for the fundamentals and it's easier for me to look at it but nothing beats that you know both sides of it and you're not just relying on one of them.
But for anything that works for you, you only need to be consistent there until everything is not working anymore so you have to choose and try again.

[Zilon]

You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for.
To help newbies out there, comment what type of trader you are and why?

Imagine been a technical trader and after so much good analysis on your chart and you see everything all good and placed a trade then boom a news pops up that affects your trade because you are not a fundamental trader you feel it's a slight retracement and them boom again a long candle stick takes you off your trade or the direct opposite happens how do you explain that ?

Having both knowledge as a trader makes you ready for what ever surprise the market can present and also keeps your trade in check on when to take profit and zoom off the market

[GreatArkansas]

Also observed that most fundamental analysts or traders are just looking at fundamental parts of cryptocurrency are the most people who don't trade frequently compared to traders that more into technical analysis which they trade in just technical parts like what they analyze on their charts.

[lixer]

Technical analysis is fortune telling. It is crap. More than that, it is a scam.It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all.

It may be fortune telling but why so many pro traders like to use technical analysis more than fundamental? Do they only use it to show up or to make them look smarter? Because many of the post about technical analysis are hard to understand. Fundamentals on the other hand isn't always guaranteed because sometimes the information that we scan online is not legit.

You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game.

Never heard of the phrase "history repeats itself? This was true on so many things including here in cryptos. Maybe we can't win the  21st game but we can possibly win on the 22nd, 23rd, and so on games. Same thing can be applied in the price. Maybe there are no good recoveries this month but there might be next month or so.

[$crypto$]

There are people who have made a fortune trading Bitcoin with technical analysis, sir. Just because it doesn't work for you doesn't mean it's not working for others.

TA works, probably if it’s not working you just miss something or better yet try to combine it with the FA.
Fundamental and Technical analysis are both ok, this can be a good combination for you to be more successful. Many traders failed not because of TA but simply because of their emotion and being irresponsible. We can’t always win in trading and the only way to increase the chance of making profit is by doing your own analysis every time you trade or invest, don’t think for an easy money just be consistent.

^Definitely right, technical analysis, and fundamental analysis are both good for analyzing the market sentiments. If you will combine these two different analyses it could gather more accurate predictions of the market price. So there is no need to choose which one of them is the best because both are very useful in trading what you need. Some traders prefer to have more than one reference in analysis so that they can predict with have an accurate result.
However, all of these are just a tool in trading, it always remains unpredictable on the side of the crypto market.

If the two can be combined, why choose from one? For traders, it is important that technical and fundamental analysis must be an adjustment and when it is needed because traders certainly need more tools to analyze the market and prices, but of course both are useful, this is always associated with traders so don't be a choice from the wrong one in essence it can be used by most traders.
In fact, not only that, but many more references can be applied in trading.
So I agree with you.

[Franctoshi]

I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

[fullhdpixel]

You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.

When we are new to the world of cryptos, we start on the basics first and not these two so we aren't confuse yet if what is the ones that we will choose but once you advanced from being a newbie you will now have an idea if what are those. I think technical analysis is being used the most in trading while fundamental analysis are most preferred by the investors but combining both might also bring us some greater benefits.

Being a newbie is surely tough but we should only take things slowly or one thing at a time only so that we won't be pressured and there will be no confusions as that is bad and can only affect you in a negative way.

[bhooscream]

In my opinion, we can combine the consideration based on the analysis of fundamental and technical analysis. fundamental will the community supports the current condition whether this will be buying or selling with certain coins in a certain rate because there are some big news influencing. Technically, we need also consider the technical analysis because we must know the probabilities of every chart indicator that wil commonly determine in what rate to buy or sell what coins, and also other analyses to be considered. If we can analyze both very well, then we can continue it to the application. But of course, technical analysis is not easy. I feel difficult to learn and make certain technical analyses.

[BobK71]

A trader needs to consider both fundamental and technical analysis to make profit in trading business. Only fundamentals or only technical will not always work. Fundamental and technical analysis both are reliable means of trading considering the market movement, nature and conditions. But between the two at first i prefer the fundamental analysis of any project then technical.

[Wapfika]

A trader needs to consider both fundamental and technical analysis to make profit in trading business. Only fundamentals or only technical will not always work. Fundamental and technical analysis both are reliable means of trading considering the market movement, nature and conditions. But between the two at first i prefer the fundamental analysis of any project then technical.

This two should apply depending in the situation. There were times that we need to buy or sell when there is only hype or when there are news that affecting the market, it mostly happened in hype coins or coins that are new in the market. While we can be technical for some coins that is able to recover in the market despite being in dump or in bear market. Both can be use and it will depend on us trader which suits or work best on us when we do trading analysis.

[GelatikKembar]

Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .

That's true and indeed cryptocurrency is difficult to predict even though we have done an analysis but it is not a guarantee,
but that doesn't mean we don't need to do the analysis because that is the important part,
to make a profit one of the keys is patience

[traderethereum]

Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .

I agree that we can get a decent return from investing and trading in cryptocurrencies with patience and persistence.
Crypto movements are unpredictable and even though we can analyze market conditions well, there will always be mistakes, even if they are small.
But we can still follow its movement by reading a lot of useful information that we can get from many media.
But be careful with the news we read because most news only wants to attract investors to support one or a few coins, while the coins cannot increase after they invest or buy them.

[so98nn]

I am logical thinker.  I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 

[Luzin]

I'm basically an Technical Analyst than fundamentals analyst because everything around Fundamental are represented there in the Chart, but I equally do pay attention to fundamental analysis when necessary, using the recent Fed tightening and hiking of interest rate for example ,I have been recently paying more attention to fundamental analysis like never before, and before carrying out any of my trades.

I'm trying to use both. When it is merged it is a strong prediction, although it is not guaranteed because Whales can always change all the state of the market and cancel our Analysis. But if not then I will use Technical to enter the market, if technical is bad but there are good Fundamentals then it can change the situation. But we have to minimize all analysis by determining the time we leave the market so that it doesn't get worse. We have to be disciplined with our strategy.

[Awaklara]

I am logical thinker.  I have stopped with those long ago with bitcoin and few of the Altcoins that I own. I am very much aware and used to guide everyone that fundamentals and technical analysis are the best instruments to understand and work on before investing your money. However, with the time things are way complicated with crypto currencies. For example, they are getting way more volatile as compared to previous year and to the previous year of that. So it’s kind of weird whenever we do those analysis they are not turning out 100% exact. Now I know that none of them always do but they don’t even keep us away from the alarming losses. So it’s better think logically, Check the math and invest. 

you have a simple but reasonable thought. that's true because currently using technical and fundamental analysis is also more often deceived by market charts.
this may have more of an effect on short-term trading and investment. the analyzes carried out seem to have begun to experience a shift and are not by the previous one.
I might follow your thoughts 

[posi]

Technical analysis is fortune telling. It is crap. More than that, it is a scam. You can't tell anything about the future by looking at the charts that happened in the past. It is gambler's fallacy. Just because you lost 20 times, doesn't mean you are going to win the 21st game. It is always about the fundamentals. If the fundamentals are crap, the rest has no meaning at all. The price can go up and down just because somebody wanted it to. It don't have to make any sense.

yup i agree with you. no one can tell the actual future of cryptocurrency by analyses token chart. But only one guess can be made by chart analysis . No one can ever tell the exact time when anyone will profit from any token . So wait patiently for profit.  And when one is able to profit it will be the result of one's patience .

That's exactly, fundamental or technical analysis, there's really nothing to believe in them, if all could be seen and predicted on the chart then surely a lot of people wouldn't panic when the market declined. The charts are not a crystal ball and those who look at them are magicians who can show us all that will happen in the future. The market is governed by hundreds of factors, whale manipulation, macroeconomic influence...The best way is to just buy and wait, the market will not fall forever but will have to rise again.

[yhiaali3]

I am a Fundamental trader, of course technical analysis and indicators are very important, but for me I think that positive or negative news related to the global economy or crypto regulations play a big role in the price movement, so I think that the analysis can be mistaken if there are some big news affecting the market .
Therefore, I adopt fundamental analysis, where you follow the news and collect data that can affect the movement of the market and based on that you can make a decision.

[|MINER|]

I would say I do both, but I wouldn't say I'm a pro at technical analysis, but I think to be a professional trader you must have to know technical analysis.  And I think fundamental analysis is for new traders.  I complete my day trading by doing technical analysis and also often trade with different news so you can tell me I am on both sides.