Fundamental or Technical Analyst. Which one are you?

[South Park]

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. 

If you are having problems with the losses you are incurring then you need to investigate money management strategies, however while this may sound to be complicated it is not the case, one of the most simple strategies is that you never allow yourself to lose more than 1% of your capital in any single trade, this way no matter how many trades you lose in a row it is almost impossible to lose all your capital, and eventually once the bull market comes you will obtain good profits.

[Hamphser]

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. 

If you are having problems with the losses you are incurring then you need to investigate money management strategies, however while this may sound to be complicated it is not the case, one of the most simple strategies is that you never allow yourself to lose more than 1% of your capital in any single trade, this way no matter how many trades you lose in a row it is almost impossible to lose all your capital, and eventually once the bull market comes you will obtain good profits.

Always set out risk management yet this would really be the most important thing since you cant really just put up certain big percentages on every trade.Hence, come to think that we arent doing gambling on here

which does basically means it do really need up those kind of consideration and you cant really just make out trading positions without any analysis because it could really be that hard for you

to be that sustainable if you do really have that kind of behavior.If you do find out yourself on having both strategies to be effective then better make use of it.
Just like on what been said by the rest that you should really be that versatile on different conditions.

[gabbie2010]

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.

I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.

[AmoreJaz]

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.

A lot of people dont understand your point because they got few profit from a fortunate technical analysis. Some even say technical analysis is for short term and this has failed most times in the short terms than the long term. The long term has been more profitable than short time.

in my opinion, it is better if you at least know both, fundamentals and technical aspects. but remember, if the coin is going to be a pump and dump coin, i don't think those analyses will help you, but your eavesdropping from social media channels will do.   bottomline, it depends on the coin you are getting involved with. but the knowledge of both would surely help you gauge your next move. it may not be perfect but it may save you from big losses.

[qwertyup23]

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 

Technical and fundamental analysis are those methods that significantly work in stocks since you have actual data to work on. With the data that you have, you can at least relatively predict when will be the next dip or rise on the price of a stock in order to maximize your profit.

Though that may be the case, it is a different playing field when it comes to cryptocurrencies. For one, the trading for crypto happens every minute, unlike in stocks, there are only designated times where you can purchase/sell. With the higher volatility, it can also be difficult to predict and forecast its next rise.

Stick with your gut and be knowledgeable about current events as they are definitely helpful in knowing at least the price of BTC in the market.

[Mr. Magkaisa]

Hey there.
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?

-   Performing Fundamental and technical analysis is not easy to understand especially if a trader is a beginner in the cryptocurrency industry.
But if you fully understand this, the chances are high that you as an individual trader will surely experience a good income in the end.

However, you also need to give time and time to find out how it is studied and understood so that it will be easy for you in the future to get income here in crypto trading.

[Ayers]

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 

Technical and fundamental analysis are those methods that significantly work in stocks since you have actual data to work on. With the data that you have, you can at least relatively predict when will be the next dip or rise on the price of a stock in order to maximize your profit.

Though that may be the case, it is a different playing field when it comes to cryptocurrencies. For one, the trading for crypto happens every minute, unlike in stocks, there are only designated times where you can purchase/sell. With the higher volatility, it can also be difficult to predict and forecast its next rise.

Stick with your gut and be knowledgeable about current events as they are definitely helpful in knowing at least the price of BTC in the market.

agree with this simple thinking, using analysis in stock or forex is essential as they have historical data with which we can make predictions for the future. as for the crypto market, apart from bitcoin being the oldest coin available, altcoins are still very new, we don't have too much data to research and analyze. for coins that are less than 1 year old and do not have too much data, where should they be analyzed?

not to mention the cryptocurrency market is still too small and the big players have enough capacity to manipulate the market, just one tweet from Elon sent the market into a frenzy, the analysis here is pointless.

[Silberman]

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.

I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.

One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.

[suzanne5223]

Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.

Fundamental trading is not about trading based on release news that may impact the price of crypto. It's about the use of both economic stance and financial characteristics that determine the market's next trend which could be news, mining difficulty, halving effect, etc.

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.

This is the reason why I consider crypto trading to be a form of gambling because the Technical analysis which you see as crap the analysis used by most cryptocurrency traders but I personally like the fundamental analysis and this is the reason why I never day trade.

[milewilda]

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.

I used technical analysis most of the time however fundamental analysis is the mover of the market, but fundamental news occurs occasionally or once in a while that is the period the price experience massive pump or dump depending on whether it's a positive or negative news, personally my trading strategy is based on technical analysis which is dependent on Price Action using candlestick patterns and few indicators to aid my trades presently the market is in bearish sentiment thus I scan for Shorting opportunities using technical analysis while keeping abreast with any latest upcoming fundamental news that might make or mar price movement.

One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.

Fundamentals could really be that obvious which you would really be determine if its positive or negative but you cant really assure if those news or sentiments could really happen whether it would turn out to be
bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.

[el kaka22]

Fundamental has never let me down and I believe that I will always go with it. Technical Analyst is something that shows what crypto could do or what the market is thinking and then something major happens and everyone changes their idea and if you are too late then you are going to lose money.

We have seen plenty of times when charts showed that it should be going up and the market is building up for something great, and then some news from some government comes out and the price crashes. I am not really fine with that, fundamental investment on something good for a few years is the way to go, holding bitcoin for 10 years can't hurt at all for example.

[Silberman]

One of the problems with fundamental analysis is that even if it can tell you the direction the market can take over the long term it cannot tell you how big the movement will be or when the movement will actually happen, information that is key if you want to become profitable, it is because of this many traders decide to ignore that information because it is simply not that useful to them, since the only ones that can make use of that information are long term investors which can wait for years for results to actually materialize.

Fundamentals could really be that obvious which you would really be determine if its positive or negative but you cant really assure if those news or sentiments could really happen whether it would turn out to be
bearish or bullish.So you cant really make assurance even if you do focus on using up fundamental analysis and this is where you would really be considering on making use of technical indicators.
So it would really be just that normal that you would really be that finding ways no matter what it is as long it would really be that helpful and efficient with your current trading activity.
So its up to you whether you would be using whether which one of those as long you could really make profits or good position then that what really counts.

True, there are two ways to deal with this weakness of fundamental analysis, one is the one you mention in which you also use technical analysis to tell you what direction the market is about to take and then act accordingly, the other way to deal with this is by becoming a long term investor, this way you can ignore the short term tendencies of the market and instead concentrate yourself fully on the overall long term movements of the market, unfortunately this means having your money committed in the same coin for years, which is not something a lot of people want to do.

[seleme]

Technical analysis have been used for entry/exit price points on charts by professionals traders who used fundamentals for backing up that that trading decisions. Even sentimental analysis is widely used to combine the overall data and get the feeling of market participation on long/short positions.
Personally I use all of mentioned analysis methods before clicking buy or sell buttons, it is still possible to reverse bad trading idea even if trader has made wrong decisions in case of underwater trade positions thanks to proper money management skills. Nothing wrong using both together for minimizing losses and maximizing possible profit opportunities.

[ezzadc]

I am new in the crypto market and trying to understand how to be beneficial to me. I got some ideas while reading some of the comments earlier this might help me in searching the ideal way to learn more about trading. I think if we use both the fundamental and technical analysis is the best for me.

[rendravolt]

I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

[TelolettOm]

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?

I can't say which one is me. I often change my strategy in trading, I don't rely on fundamental factors or technical factors only. And basically, we need both fundamental and technical analysis to make sure the right decision to make. However, I think I more often trade based on fundamental factors lately. I sometimes wait for good news from certain coins to buy and trade them. During the bearish season, I prefer to stop trading if no good news, too risky trading coins without clear signs.

[palle11]

I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

[Questat]

I chose to trade with the fundamentals the way it suits me because I don't have enough time to look at the charts all day long. In the past I have tried with technical analysts but the results were even worse because I was confused and not focused on having to divide my time with my work.

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.

[$crypto$]

~

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.

Trading is not guesswork like gambling, we still need some strategies to complete all the analysis because that is what is important in the aspect of trading that we run to make a profit in it.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.

[Fatunad]

~

This is a surprising how you can just trade the market without watching on the chart at least for some time. The crypto market doesn't have a timeline for news whixh is fundamental if you actually understand it to be news, so how are you able to do that?
To be a better trader you may not use both strategy of fundamental and technical but you can have knowledge of them. For example trading on binance, you don't have any form of news or fundamental table sort of but you definitely can follow the waves and chart of the coins.

Absolutely, if we would like to make a profit in trading, it is a must to learn and use these strategies. Because we can never see good results if we are just guessing the market and we use to check the market trend or chart because it was our basis for our analysis and we really need this.
It is our advantage to have them both and see our success because the truth is that traders had spent a lot of time doing TA and FA in order to gain profit, not losses.

Trading is not guesswork like gambling, we still need some strategies to complete all the analysis because that is what is important in the aspect of trading that we run to make a profit in it.
I don't know what if someone is in trading and doesn't use analytical charts and also whether the fundamentals are used quite effectively or not, because I myself when doing this of course all strategies in trading are needed to see the movement of the coins to be traded , but I think looking at the graph is very important for analysis.

It would be a never ending trial and error and this is how trading works.You cant really survive or sustain yourself if you do just keep on guessing without any basis because thats pure gambling so to speak.
If you could  apply technical and fundamental analysis then you must do it.You could really justify out on those analysis of yours once you do have those confirmations but somehow you shouldn't
really make yourself believe that it would be 100% precise. You should really make yourself be that versatile and able to adopt on what you should gonna do.
This market is fierce and if you dont really make yourself that prepared then you'll surely be fucked up.