Quote from: Synchronice on July 07, 2025, 10:59:05 AM

Quote from: Fivestar4everMVP on June 22, 2025, 03:59:56 PM

This is something I found in a channel on telegram some days back, I saved up the image on my device because I found the information to be so true, I decided I will post it here which I am doing right now 😊, but I don't remember which channel I got this from.

Trading then vs trading now..

Trading back then used to be based on how good one is with technical and fundamental analysis, profiting from trading back then used to depend on how good one is with the analysis and also how good the trader is with use of market and price prediction tools.

But today, things seems to have changed, today, it seems being profitable in trading depending on how much information you have access to and how early you have them.
We've seen of late especially since the Trump declared support for Bitcoin way back before he was voted for and installed as the US president, the movement of price of Bitcoin have been largerly centered on his statements and actions, technical and fundamentals analysis doesn't mean much anymore, most traders just wait to know what the US president says or does next to determine their next line of action regarding their trading decision, and I can't help but ask if this is the new way to trade?

By the way, do you even believe in this change that has happened or do you still believe that fundamentals and technical analysis is still the way to go in trading?.

I always thought that trading was mostly based on hype, I mean, the price of the coin or stock goes up when there is a positive signal, when the company announces something cool, when the coin gets listed on many exchanges, when the coin implements something cool and so on. If trading is based on fundamental and technical analysis, then doesn't it make trading a little strange? I mean, if it's like a chess, then everyone with a computer can beat others without a computer. If it's all math and technical things, then it's easy as ABC. I think that it's both. There are moments when technical analysis works but the difference is that this harmony gets violated when a hot news drops on crypto news websites or on Twitter.

If you've been able to touch up forex and stocks then we would be able to say that news or events would be something significant on which there is even a news calendar on which you would be able to look on into and make use of it for you to be able to apply into your trades but still it wont be giving out that assurance but most likely it would be having those reactions and to those who had been that using up those FA's then it would be something helpful if you do know on how to make use of it and same goes when you are that using up tools or simply with TA's. Now that we are speaking about cryptocurrencies then it was once a market that isnt that affected with those external events or sentiments but now its already that highly reactive. If you've been that trading up with crypto for years then you would be able to see the differences but despite of these changes then why you would be finding yourself that being worried? Profitability will always reflect on how well you do find yourself that making up trades applying on all possible means of strategies that you can apply. It doesnt matter whether this market had made out those changes or not. The key on here is that on how you would be able to adapt and making yourself that versatile on which making use of strategies as much as you could.