Quote from: Jewan420 on June 19, 2025, 06:53:26 PM

Quote from: Coin_info on June 17, 2025, 01:47:32 PM

Fundamental analysis is not new to people who trade, there are traders who somehow still happen to do well with price action or other indicators and strategy without use of fundamental analysis. To which trader do you think fundamental analysis holds more significance to, is it the crypto trader or the Forex Trader? Who should take it more seriously?

Be it crypto trading or forex trading, fundamental analysis is very important in both. Basically, trading depends on your analysis, how smart you are and how good you are at analyzing, your chances of winning depend on it. Sometimes news affects the market, so it is good to be smart while trading and make yourself skilled in analyzing with all kinds of news.

Yeah, but I do this in crypto market specifically, there is not much fundamentals to be analysed. Most projects are based on marketing and there is a short lifespan for almost all coins/tokens except the few big ones. Almost any token outside top 50, you hear them about today but after an year they become irrelevant. This is also why I always prefer buying BTC over any other coins because you know there is a certain future with BTC, and a positive one.

If you are trading in the traditional stock market then fundamentals are more important and that's why the fundamental analysis but in crypto I think technically analysis is more important. You just need to know when there is a pump and when the dump can happen and make your trading decisions accordingly. Who really cares what's happening in the project Cheesy

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