Post
Topic
Board Economics
Re: technical or fundamental ?
by
odolvlobo
on 19/04/2018, 01:55:19 UTC
My question is, how do you even begin to perform fundamental analysis on any cryptocurrency?  I've pointed this out before:  Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock.  Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down.  In other words, what exactly are the "fundamentals"?  They can't be the same things analysts use to analyze stocks.

I agree. The fundamentals are things like sentiment, adoption, money supply and velocity, all of which are difficult to quantify.