Who is fundamental analysis more important to?

[Coin_info]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

[Mpamaegbu]

Fundamental analysis is news, simple and short. It's paying attention to events happening around one with the aim of focusing what impact that news will have on whatever instrument one is trading. For instance, the ongoing war between Israel and Iran is a strong fundamental. It may not have a strong impact on Bitcoin like if the war were with a Bitcoin supporting country like El Salvador or the US, just to mention only two.

Let's say there's an external attack on El Salvador and someone is going to long (buy) Bitcoin on futures without knowing that day that there's something wrong, of course they're more likely going to run into losses.

What a shrewd trader does is pick that news and align it with current realities of life and then plan their trades from it. So, whether one is trading cryptos or FX; fundamental analysis is very vital to both of them.

[Osas4real]

Fundamental analysis is important to any trader be it in the stock market (Forex) or Crypto trading... This analysis gives a clearer view and a more intensed decision when applying Technical analysis..

Since trading is centered at maximizing profit, traders would want to take advantage of any aspect during analysis, so I feel all analytic pattern be it fundamental or technical is of high importance to all traders...

[cabron]

They all use the same indicators that works the same way also. FOREX must have been affected more when it comes to crisis and political instabilities because its currencies being used by governments.

Although cryptocurrencies are currencies, its price is affected only when big things happen like regulations and banning. So far crypto isn't affected much by the geopolitics. But it could be when large companies are dumping or in the brink of collapse which could be a manipulation also.

[Ruttoshi]

Take a look at what happened when Trump took over power, he increased tariff on all imported good entering the US, and that affected the entire market both bitcoin and stock. That is what fundamental analysis can save you from. It is a very crucial tools in trading and very important to use when you are a trader so that you don't run at loss because some political news plays a major role on the price of bitcoin but it will only be temporary.

Flash back to 2022, when FTX crashed, it affected bitcoin price and bitcoin price reached the bottom line of $16k. Imagine if you turn deaf ears of these kind of news. it means that you are trading blindly because you don't work with fundamental analysis. It's also the other way round, good news on bitcoin pumps the price just like when Bitcoin ETF was launched in the early part of last year, bitcoin price reached a new ATH before the halving.

[notocactus]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Generally, fundamental analysis is important and even can say vital for everyone. It is true for investors, and also traders or gamblers because lack of good fundamentals is origin of many risk factors that can cause severe loss on you.

People mostly think that fundamental analysis is only for investors but it is applicable for both traders and gamblers too. Don't naively think that if you are a trader or a gambler, you don't have to care about fundamentals of any project or any platform that you intend to participate in or are joining with your own money.

A terrible project or platform with weak fundamentals like Terra, and FTX exchange can collapse anytime so it can result in massive loss even you are a trader or gambler.

[joeperry]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

I think fundamental analysis affects both forex traders and crypto traders but I forex traders takes it more seriously than the crypto traders because the price of the forex usually gets affected by real world economics and big institutions do not trade by charts but rather by macroeconomic analysis. Wherein, crypto trader's fundamental analysis is more like development activity, token supply, etc. but just like what I've said sometimes fundamental analysis from economics do affect crypto such as regulations to crypto and Bitcoin, banning it or total elimination can result to crash of price but again it depends.

[tottong]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

For crypto or forex trading fundamental analysis can influence one's decision in applying technical analysis, so that this happens with a clearer view before one makes a decision.
Fundamental analysis is important to apply in the two trading models you mentioned because sometimes news related to the market journey process can affect it.
When it comes to trading then everything is taken seriously to analyze but most people try to find one fixed indicator to apply.

If in certain cases we can see how geopolitical tensions can affect the course of the trading market and maybe we can come to a conclusion not to ignore it.

[slaman29]

When I look back on the forex trading days and the forums, then its definitely more important to forex traders. Almost all the topics were related to FA and long-term. After all most of us were born much earlier and are used to switching on Bloomberg in the background while we were 'trading' lol

For a long time BTC wasn't really affected by FA but these days, especially right now as proof, I think you must know what's going on in the background. That's how big BTC is these days.

[justdimin]

To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

For all traders, fundamental analysis is not significantly helping because it is all about investment or long term kind of swing trading. Still wide range of traders are believing that at the end of the day fundamental analysis will win over the technical analysis like for a hot news market will react up to next resistance level but fundamental analysis will lead the market up to exact resistance level (like resiatance-1 or resistance-2). So, combining fundamental analysis along with your technical things might be more handy for your trading.

When it comes about trading, both forex and crypto trading are not having any big differences. I agree the news and events affecting these markets are different still due to mass adoption crypto is becoming part of our day to day life hence crypto market started behaving similar to commodity and stock markets for a news.

[avikz]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Fundamental analysis is not at all beneficial for traders. Someone mentioned that fundamental analysis is news, but it's not. News acts as a stimulus which can be utilised by a trader to make profit.

Fundamental analysis is for the investors who would like to stay invested until the expected price point is reached. Fundamental analysis talks about SWOT (strength, weakness, opportunity and Threat). So long term investors usually benefits from fundamental analysis.

[Mahanton]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Generally, fundamental analysis is important and even can say vital for everyone. It is true for investors, and also traders or gamblers because lack of good fundamentals is origin of many risk factors that can cause severe loss on you.

People mostly think that fundamental analysis is only for investors but it is applicable for both traders and gamblers too. Don't naively think that if you are a trader or a gambler, you don't have to care about fundamentals of any project or any platform that you intend to participate in or are joining with your own money.

A terrible project or platform with weak fundamentals like Terra, and FTX exchange can collapse anytime so it can result in massive loss even you are a trader or gambler.

Fundamental analysis is still significant or something on which it is important even if we do say that we are dealing up with an unpredictable and random market but still we cant be able to ignore those events and news around specially if it turned out to be positive or negative in towards economy. For those who had been here on this market or with those previous cycles on which they could be able to justify out that wayback on which news arent that totally affecting from time to time in speaking about price movement. It could dump or make out some huge pumps without any being attached with some news and thats how this unpredictable market works. If you are that a TA+FA trader then you can totally say that these kind of approach will be that much more better in dealing up with this market rather than on making up some positions out of pure gut and intuition. Its better to be equipped out with some knowledge and applying out those factors around at your advantage even it doesnt give out assurance but at least there's something that we can use on. In general if we do speak about using up on all possible ways or methods then it will be that up to you on how you would be doing it. There are just that those times that you do get that discourage on using up something if it becomes that not it seems to be effective or it doesnt work. We do all now that there's no such thing about 100% precision and there's always those chance or probabilities that it would fail. Just like on what been said that on the moment that you do make out some trades then its much better that you do make out some application of analysis rather than on making up some actions without any basis in regards into it. You cant just that blindly making up some positions without basis because thats just pure gambling on that case and its not recommended or something that would be sustainable. Doesnt matter on what kind of strategy that you would be applying on which the most important thing on here is that you do know on what you are doing and you can be able to identify on what are the things that you do need up to make use on.

[tvplus006]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. ..

I think that most traders do not use fundamental analysis in their work, but mostly take technical analysis into account, since the charts are more understandable when opening a position. Unlike traders, fundamental analysis is more important for investors, as the coins they purchase are usually bought for long-term holding.

[GiftedMAN]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Fundamental analysis is significant to any trader in the crypto market, whether you use price action or indicators to in the market. Whatever kind of traders that you are, you must make sure that you use fundamental analysis because that's what controls the financial market whether forex market or the crypto market; you can't avoid the news and decide to trade when the market has ready starts reacting to price.

[Cryptohygenic]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Let it not be that either you or me is misunderstanding something here as this course of discussion could be fundamental to us too. So to keep sure in understanding what fundamental analysis is, I have asked Google to explain to us better.
Here as stated: Fundamental analysis is a method used to evaluate the intrinsic value of an asset (like a stock or cryptocurrency) by examining its underlying financial and economic factors. It involves analyzing a company's financial statements, economic conditions, and industry trends to determine if its current market price accurately reflects its true worth. This approach contrasts with technical analysis, which focuses on historical price patterns and trading volume to predict future price movements.

As a matter of fact that we are talking about where we have invested our valuable resources with the goal of making profits, both forex and the crypto traders are required to have it source of income fundamental knowledge even before you begin to trade.

[BlackBoss_]

In my opinion, fundamental analysis is more important in trading forex or crypto, just in different ways.

Forex traders rely on it to understand economic trends and central bank decisions.
In crypto, traders needs to asses things like project development, regulations, and market sentiment. Price action and indicators can still work, but fundamentals give context behind the moves.
So both should take it seriously if they want a deeper edge.

More or less, in any market and no matter who you are in the market as investor, trader or speculation, it is always important to do your own fundamental analysis before joining. It is totally wrong thinking if people consider fundamental analysis is only helpful and necessary for investors while traders or speculators in the market don't have to do such analysis.

Challenge for market participants is mandatory basic knowledge about the market as well as blockchain technically, before they are able to do good fundamental analysis. By feeling its difficulty, most people skip fundamental analysis that is their start of something bad later.

[TastyChillySauce00]

It's just as important for both.

Anything that could increase the odd of winning is important for both forex traders and crypto traders.
However, it's more important for short-term to long term holders than to traders, for trader what they need is just technical analysis and they can already read the market movement and see what's gonna happens next.

[EarnOnVictor]

To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Every trader who is dealing with the financial market should take the fundamental analysis seriously, regardless of the sectors, for it is a driving force of some significant market movements. This takes me to the different categories of the fundamental analysis. Which are:

1. The unscheduled news/event
2. Calendar news/event

In my years of experience, 2 is more important in Forex trading than in Crypto trading, but they are both still important. I'm referring to the impacts of such scheduled news. However, the two are important in both the Forex and Crypto markets, but unscheduled news has driven the Crypto market crazy multiple times.

[CryptoExcel]

For cryptos Fundamental analysis is about dominance, special events like halving or monitoring big whale movements.

Technical analysis is all about price pattern recognitions.

I think you should use both. The former will give you a long time horizon while the latter is more useful for short/medium term decision

If you want to know more about the differences I suggest you this article. (disclaimer I am the author)

https://cryptoexcel.live/fundamental-technical-analysis/

[mindrust]

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

I think fundamental analysis shines with stock trading especially but I am not talking about that high frequency algo trading. I mean classic buy and hodl daddy style investing. You check the ratios of the company, check its balance sheet, income statement etc and then make a decision. Either buy, hold or sell.

That kind of analysis is very limited when it comes to crypto and forex trading. These assets benefit more from technical analysis imo.

So If I am trading crypto, I already know the fundamentals already. I don’t need to do further research. Bitcoin has been the same bitcoin for the last 10 years. I already know that. I can only make decisions based on TA at this point.