Who is fundamental analysis more important to?

[jaberwock]

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.

I think non or not many expect that Trump will did such a move. At all times, we are only positive about him. That is why a loss might still occur for us despite doing some analysis about fundamentals. They can be temporary but they can last long. Though there might still be other positive news later on that can save us.

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.

This one is more obvious than the other earlier. This is where we can say the most that fundamental analysis were truly helpful. The other news or about the ETF, is what we are talking about that things may not remain permanent. But, those who trade really well and utilize the power of analysing, have no disappointment and can only look for them to earn more.

[Jewan420]

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?

Be it crypto trading or forex trading, fundamental analysis is very important in both. Basically, trading depends on your analysis, how smart you are and how good you are at analyzing, your chances of winning depend on it. Sometimes news affects the market, so it is good to be smart while trading and make yourself skilled in analyzing with all kinds of news.

[Ndabagi01]

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 being thought to traders either crypto or forex traders in their early stage of learning about trading. If they were not an important factor, I don’t think they will be thought to them. They play an important factor in shaping the next big move of a market.

Fundamental analysis effect on the market don’t last so long as that of the technical analysis which is purely the movement of the market without an external mechanism having effect on it. These days, there are now synthetic pairs in forex trading that are not affected by the fundamental news anymore. Once your technical analysis is on point, then you can expect to get a big win in the market without the fear of it not playing out as a result of fundamental news changes in the market.

[SquallLeonhart]

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 is important for any type of traders but it's more relevant and useful to people who trade more in the product than in the price. Basically for anyone who believes in the product more than the hype. Also long term investors should always do a thorough fundamental analysis before investing because longevity comes from how the future looks like and that all can be checked with the help of a fundamental analysis.

That said though, fundamental analysis is important for everyone. Even for someone who makes quick trades, doing some level of analysis helps you understand how things will pan out in future and hence which way the price could move.

[hyudien]

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?

The answer is important for forex or crypto trading because fundamental analysis can make you more confident when making decisions when trading, current events both negative and positive can affect the market as a real example of the current regional war between Israel vs Iran and in just a few days this war has caused instability in the market and another important thing for traders is technical analysis, combining these two analyses can make you even more confident.

[BtcAnalyst1]

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.

Economically speaking, fundamental analysis is never news only, it measures the intrinsic value of assets and divers deep into a company's financial statements, industrial trends, economic indicator, and qualitative factors like the qualities of a company's management and competitive advantages.

These are some of the tools for fundamental analysis
1.Financial statements
2.Economic indicators
3.interest rates
4.News and events
5.Qualitative informations.
As an economics, I may explain further if the need arises.

[bitgolden]

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?

Be it crypto trading or forex trading, fundamental analysis is very important in both. Basically, trading depends on your analysis, how smart you are and how good you are at analyzing, your chances of winning depend on it. Sometimes news affects the market, so it is good to be smart while trading and make yourself skilled in analyzing with all kinds of news.

Yeah, but I do this in crypto market specifically, there is not much fundamentals to be analysed. Most projects are based on marketing and there is a short lifespan for almost all coins/tokens except the few big ones. Almost any token outside top 50, you hear them about today but after an year they become irrelevant. This is also why I always prefer buying BTC over any other coins because you know there is a certain future with BTC, and a positive one.

If you are trading in the traditional stock market then fundamentals are more important and that's why the fundamental analysis but in crypto I think technically analysis is more important. You just need to know when there is a pump and when the dump can happen and make your trading decisions accordingly. Who really cares what's happening in the project .