Re: Fundamental or Technical Analyst. Which one are you?

Quote from: BeeIforai on Today at 08:21:04 AM

Hey there.
You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for. Wink

To help newbies out there, comment what type of trader you are and why?

I think fundamental analysis is not made for Cryptos atleast the one that we currently have in place worldwide. There is a different type of fundamental analysis which is based on the idea and utility of the project but to be honest that is also quite subjective and has a minimal success rate. I have seen pretty good projects finishing in vain and sometimes pretty bad projects picking up huge fundings. I feel that instead of this one should focus on accumulation of top coins during the bear market and selling off during the bull run.