Re: TA or FA which is a better choice for market speculation.
Is it with: TECHNICAL ANALYSIS
From the above explanation which could you as a trader possibly go with and why?
Actually so far, I am not really good at TA, just little bit to understand and use them by trying. But it seems like not very work for me because sometimes, my analysis is very bad honestly From the above explanation which could you as a trader possibly go with and why?
That is why I prefer to use more fundamental analysis, moreover I am not a day trader, so I prefer to focus on the projects that have good and strong fundamentals to set certai target price for short term or long term holding.
But it doesn mean that FA is better than TA, I only said that FA is more suitable for me
Indeed, not everyone understands technical analysis, and it happened to me too when I first started trading. But because I was interested
in becoming a successful trader and able to make big profits, it finally made me interested in studying technical analysis. It is not easy to learn
technical analysis, there are some things that are difficult for us to understand if we are not assisted by a mentor. That's why I spent money on
trading courses, so that I could be guided by a mentor to better understand how to trade properly, including in the trading course I learned how
to do the correct technical analysis.
Now I feel I can do technical analysis well, it really helps me in predicting price movements in the market. So I suggest you also take a trading
course, so you will understand better how to do technical analysis properly. Because in my opinion we can't just rely on fundamental analysis
if we want to achieve maximum results in the crypto world. I think the combination of technical analysis and fundamental analysis will make us
more accurate in predicting the market. So it's better to understand both of them than just one of them.