Technical analysis is very practical, accurate in the short term and convenient in terms of selecting points for entering the market. He does not require any complex skills and specific skills.

However, technical analysis is limited by its own postulates and often does not "notice" the undervalued crypto-currencies that would quickly reveal a fundamental analysis

The fundamental analysis is more labor-intensive and complex, less accessible to novice investors, but the most effective for long-term investment. These types of analysis are so different that the best solution seems to be using both of them. This is exactly what experienced traders advise to do.

The ideal scheme for analyzing the crypto-currency market includes both technical and fundamental analysis. With the help of fundamental analysis, the investor can select the most promising coins and make a decision on the allocation of investments. A technical analysis will help him choose the optimal time taking profit.

You can also act in the reverse order. For example, use technical analysis to find the crypto currency in an uptrend, and then check with a fundamental analysis whether there are objective reasons for its growth.

The combination of shadow and fundamental analysis plays into the hands of both traders who are interested in quick earnings on high volatility of the crypto currency, and portfolio investors who form deposits for long periods.

However, only those who already have experience with crypto-currencies will be able to use them correctly. If the basics of technical analysis can be learned even on YouTube videos, then fundamental analysis for beginners is generally not available.

For starters, you just need to read analytical summaries, take part in discussions at thematic forums such as www.bitcointalk.org and raise your level with all available training materials.

What do you prefer: technical or fundamental analysis?