Post
Topic
Board Trading Discussion
Re: Hype or fundamental or technical analysis? what is more important in crypto?
by
Silberman
on 08/09/2024, 19:58:45 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?
What solid projects have been released recently? Since I am not really aware of a single one hitting the markets during the past months, with that out of the way, this makes fundamental analysis almost useless as you can only use it with a handful of coins, however following the hype generated by a coin is not really a good strategy either, and that is because you are following the lead of others instead of anticipating the hype, but with the thousands of projects released each year this is impossible to do too, then the only reliable way to make money in this market out of those three options is with the use of TA.