Post
Topic
Board Trading Discussion
Re: Is technical analysis vital?
by
binhvo1505
on 18/03/2019, 13:17:51 UTC
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
I think it will not matter. Technical analysis should only be applied when we speculate. For long-term investment, you only need to analyze the business fundamentally.
team, strategy, roadmap, partner, loyalty and their investment fund, ...
these are important things to be thoroughly analyzed.