Do not neglect fundamental analysis.

[Rruchi man]

To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

If you know that you will not be able to keep up with news updates as the come up, you can make a smart move on setting notifications on various crypto news handles on social media platforms like X, so that whenever there's a new development consigning cryptocurrency and a particular coin you'll be among the very first people to hear about it. Some traders make millions from just taking advantage of the news, and they are also able to avoid losses too due to fundamental analysis.

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

[Crypto Library]

I am agreeing with you. I think for for getting professional trader both must needed fundamental analysis and also the technical analysis. If we talk about the fundamental analysis then we will find that the number of fundamental analysis trader is much more than technical analysis. And besides, most people do not know technical analysis, they have no other way except trading based on fundamental analysis, so I think it is better to gain fundamental knowledge and trade through fundamental analysis rather than trading depending on others.

[MrSpasybo]

To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

If you know that you will not be able to keep up with news updates as the come up, you can make a smart move on setting notifications on various crypto news handles on social media platforms like X, so that whenever there's a new development consigning cryptocurrency and a particular coin you'll be among the very first people to hear about it. Some traders make millions from just taking advantage of the news, and they are also able to avoid losses too due to fundamental analysis.

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

We only have one market, the fundamental analysis, technical analysis, onchain analysis, market psychology analysis... are just different approaches to learn and evaluate the market condition. Each person will choose the most suitable method, but I think it will be better if we can use a combination of those methods to increase the accuracy of the predictions.

Usually, fundamental analysis assesses the long-term potential of the project, updates changes in tokenomics and investment funds, which technical and onchain analysis cannot exploit from the price chart and blockchain data. I respect all methods, so even though I focus on technical analysis, I still follow and read updates from fundamental analysis teams to choose the most potential projects for investment.

[compromise me]

To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

You are  right. Technical analysis is being used more frequently, but in order to become profitable traders we still need to follow every analysis. Technical analysis is a method for predicting future price trends by utilizing market data and past price movements. Furthermore the clarity it provides on a news and macroeconomic variables makes fundamental analysis indispensable. Since mood analysis helps interpret trader activity and market mood, it is also essential. As a result a competent trader uses all types of analysis and has a deep grasp of the market to make better trading decisions..

[yhiaali3]

Without a doubt, a professional trader needs fundamental analysis and technical analysis together, because they are interconnected.

Technical analysis cannot be done accurately without knowing the fundamental analysis and following the news of the coin and the changes that may occur to the coin such as launching a development, changing the network, burning, etc., because all of this information may lead to a significant change in the price and therefore the analyst must follow it.

In fact, there are many inexperienced traders who get good opportunities just by following the news.

[KingsDen]

There has been some argument between fundamental and technical analysis concerning which one is more effective. Many seems to align more with technical analysis more than fundamental analysis. I have also seen some people come up with psychological analysis to add to the above two. But then, one augment the other, no one is just totally complete on it's own. Whatever happens in fundamentals will also be seen playing out in the chart and vice versa. But generally, even apart from the cryptocurrency industry, information is a powerful tool.

[Litzki1990]

No matter should be neglected in trading, we must look at all matters very seriously if we want to earn profit by trading. If we take a simple look at something without taking it all seriously then the result is definitely more likely to go against us. When it comes to trading, if we think that we don't need to watch candles or watch market charts, we only buy if the price goes down a little and sell if it goes up a little, but our money is more likely to get lost. In investing, watching candles should be as important as someone watching charts so that we don't make mistakes in our investments and that we can buy at the right time and sell at the right time.

[joniboini]

Many seems to align more with technical analysis more than fundamental analysis. I have also seen some people come up with psychological analysis to add to the above two. But then, one augment the other, no one is just totally complete on it's own. Whatever happens in fundamentals will also be seen playing out in the chart and vice versa. But generally, even apart from the cryptocurrency industry, information is a powerful tool.

Are you referring to the discussion in this forum or is there a bigger platform where such clashes happen? I see more people share their views on social media like Twitter or Reddit nowadays, probably because the bull run is attracting new retail traders. Sometimes they use the same term to describe different things, and vice versa, so it is hard to keep track of what is actually being discussed if there is no context around it. Psychological analysis sounds really similar to market sentiment analysis, which sometimes being grouped together with fundamental analysis on some platforms. Make sure to note that drastic market sentiment might not get reflected on the chart as quickly as you'd love to, so do keep in mind if anyone is trading only with technical indicators.

[ScamViruS]

No matter should be neglected in trading, we must look at all matters very seriously if we want to earn profit by trading. If we take a simple look at something without taking it all seriously then the result is definitely more likely to go against us.

A trader has to keep track of everything, and that's why making profit from trading is very difficult and the trader needs to be skilled. Fundamental analysis is very important in trading and a trader cannot expect to profit from the market without doing fundamental analysis. Because sometimes a coin is technically strong but fundamentally weak, then trading in that coin is very risky, and experienced traders know how to deal here. So to be a profitable trader it is important to have technical and fundamental analysis skills so that the trader can guess where he is investing.

[bayu7adi]

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

Yep.... the combination is good and I even prefer to prioritize fundamental analysis as the basis for buying certain coins. That can make me a little safer than having to deal with technical analysis that doesn't give me much confidence. Fundamental analysis is the basis, while technical analysis is the variation, that's how I approach my basic strategy for buying Bitcoin and the altcoins that I have so far.

[vegasus]

I just found out that there are traders who ignore the fundamental principles of ethics in conducting analysis. Usually, TA and FA analysis is needed when you want to do market research. Whether it's a certain coin or whether a certain price goes up or down. This is something that is done because we really support each other. The two are quite related, and may influence the results of our analysis of certain coins.
I'm sure, really, that most professional traders won't ignore fundamental analysis. they will do it both technical and fundamental analysis.

I quoted this for little bit information here:

Fundamental analysis provides insights into a project's intrinsic value and focuses on the long term, while technical analysis equips traders with tools to interpret market behaviour and optimise trading strategies in the short term.

Source:
https://economictimes.indiatimes.com/markets/cryptocurrency/the-importance-of-fundamental-and-technical-research-for-crypto/articleshow/108748587.cms?from=mdr

[hugeblack]

Usually, the news is what follows the price in terms of an increase or decrease, and not the other way around. If a positive change occurs in the price, you will notice that positive news floats to the surface, and if a negative change occurs, you will notice that negative news has begun to circulate, even if it is rumors about that, unless you are careful to follow those who analyze. News: Following these accounts is a waste of time. Following accounts that tell you about upcoming events will give you better results.[/size]

[Charles-Tim]

What that is most important for traders is technical analysis. But it is not wrong that fundamental analysis should not be neglected. There are some news that can make the market price of bitcoin to increase or decrease. Fundamental analysis is mostly good for those that do not just enter market but enter when they hear a good news, but for traders that are scalping, the need for fundamental analysis is low. Example is when there is a good news, market price of bitcoin has already go up, fundamental analysis can indicate overbought market and a trader can go a short position. So, technical analysis is the most important for short term traders like scalpers.

[$crypto$]

We must always pay attention to everything related to the market, because it will all affect our analysis. In my opinion, technical and fundamental must go hand in hand, let's not ignore one of them.

This is a form of our seriousness in doing something, in my opinion, because if we ignore something that we consider unimportant then it will lead us into things we don't want. Therefore we must pay attention to everything.

[jeraldskie11]

I never underestimate fundamentals in trading because when you add this as your confluence it will increase the probability that your analysis will materialize. That's why I always consider fundamentals when I trade no matter how good is the structure of the market. There are people who only trade with fundamentals and able to make profit, but I believe that adding technical analysis in your trades can maximize the profit and minimizing the risk.