Post
Topic
Board Trading Discussion
Re: Hype or fundamental or technical analysis? what is more important in crypto?
by
Sabuj_pal
on 12/09/2024, 03:41:46 UTC
Recently we can see that meme coins which have no fundamental or usecase are gaining popularity over solid project.
That "popularity" is just due to hype, speculation and FOMO.

When trading memecoins, it's more of a gamble because it hard to know if the token will just dump or get rugged by the devs any second. Yes, sometimes a few people get lucky, but a majority make loses.

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?
Hype is just temporary. If you decide to trade basing on hype, then you shouldn't be so greedy and always exit the market when the hype is still there. Do not wait for the "last" stage.
yeah! i got it! Hype is just temporary!! Thanks.