Post
Topic
Board Trading Discussion
Re: Hype or fundamental or technical analysis? what is more important in crypto?
by
Taskford
on 05/09/2024, 12:21:00 UTC
Recently we can see that meme coins which have no fundamental or usecase are gaining popularity over solid project. Now i have a question- what is most important in crypto? hype or fundamental? And how can I identify that hype of any project is at it's last stage?

Those three mentioned is important in crypto if you are into trading since you need to know more about those situations to increase your chance to gain. If you focus on single criteria towards on your decisions on trading then provably you gonna missed out those important thing to consider.

But if you apply and verify on what's current happening by watching those things then provably that you might get an idea on where the market is heading. Multiple sources of information is important so that we can improve and always do good decisions on our possible trades. Lots of people want to short cut because they want fast profit but usually what happen to them is they fail because they always commit mistake on their trades.