Fundamental analysis vs Technical analysis

By @bernardor4/11/2018crypto

Fundamental and Technical analysis are both important when it comes to crypto investing.But i would argue that fundamental analysis carries more weight.
Ever since i came into the crypto space i have used only fundamental analysis and i have done quite well.The first reason why its so is obvio
usly because its still a very Young and immature market.Its still very susceptible to news and events.These news positive or negativa come from mainstream establishments igovetnments,media,e.t.c.
It makes it very hard for the traders with their technical analysis charts.Thats why in my opinion the best way to go about it is to invest in the Projects One truly believes in and hodl for the long term.
Another Sign of immaturity in these markets is that all the other coins follow Bitcoin.If bitcoin goes up,they follow suit and vice versa.But with time this is going to change,the bitcoin dominance is going to reduce and a better coin might even emerge!.
In conclusion i would say that if you really want to see massive gains dont day trade, play the long term game.Just remember One year in cryptos is like ten years in the traditional markets!

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