How has trading changed over time

19 replies 207 views
dan.novaMember
Posts: 3 · Reputation: 51
#1Dec 8, 2022, 06:01 PM
I came across something in a telegram channel a few days ago and saved the image because I found it super relevant. Figured I’d share it here, even though I can’t remember which channel it was from. So, trading back in the day relied heavily on your skills with technical and fundamental analysis. Basically, how well you could read the charts and predict market movements would determine your profits. But nowadays, it feels like things have flipped. Now, it seems like being successful in trading is more about how much info you can get and how fast you get it. Just look at how Trump's comments on Bitcoin created massive price swings, especially since he backed it before he even became president. A lot of traders are just waiting around to see what he says or does next, rather than relying on those old-school analysis methods. Like, is this really the new norm for trading? So, what do you all think? Is this shift legit or do you still think that technical and fundamental analysis are key to trading?
6 Reply Quote Share
kevintokenFull Member
Posts: 33 · Reputation: 285
#2Dec 8, 2022, 06:57 PM
Trump's speech is really affecting bitcoin price, that is still fundamental analysis. I do not like how bitcoin is reacting to the war in Iran like this but I think people think it might lead to world war 3. We should not panic because bitcoin will still rise in long term, but I still consider bear market period, unlike what some people are saying that it is not coming. Technical analysis is very important. Just right now, some people will buy in short period of time and sell, technical analysis showed oversold market already.
3 Reply Quote Share
Posts: 15 · Reputation: 131
#3Dec 8, 2022, 10:35 PM
I don’t want to call this fundamental analysis because it doesn’t looks like it since fundamental analysis is definitely about long term and it effect causes long term shift but this looks more like a sentimental analysis which is simply about people following up on news or hype which are mostly for short term, so most of the news of trump has to be classified as sentimental analysis rather than fundamental analysis since it changes the market sentiment for a short term. Personally I also do not like the shift of bitcoin market on news that are relatively small but still we can’t help it these are news that affects economical factors like energy or oil and as such will definitely cause panic most especially to weak hands holding bitcoin. Personally I know bitcoin will still bounce back and create a new high again this year except the war doesn’t stops
2 Reply Quote Share
tomfalconMember
Posts: 1 · Reputation: 64
#4Dec 9, 2022, 04:00 AM
This has been affecting and increasing this thing for a long time and that is why Bitcoin is getting quite strong and better and at the moment Bitcoin has gone down a little due to the fight between the two countries otherwise Bitcoin would have gone up to 115k$ in those days. Many people do not like this because Bitcoin cannot be changed in this way that is why you do not like it. This is not good at all. Before Iran, Pakistan also had a war, so it was more dangerous, so nothing like this will happen. Bitcoin is not something to stop but it can definitely go a little slower that is why we should not really look at Bitcoin in a sensational way. This has happened before when Bitcoin went down from 111k$ to 70k$. You also know the state of this market.
0 Reply Quote Share
Posts: 9 · Reputation: 58
#5Dec 9, 2022, 05:12 PM
Fundamental analysis is partly about market trends, right? So Trump could be classified as that new object of the market trend (object of global attention) which has right now made the technical aspect of the market of little or no much impact in deducing what direction the market could go in the next moment. I will say, traders should adapt with the trend and stay in profit than going against it in your trading. Trading is all about catching up with opportunities whether we use technical or fundamental analysis to do that. What really matters is what the results are; positive or negative!
6 Reply Quote Share
ben_protoMember
Posts: 6 · Reputation: 69
#6Dec 9, 2022, 07:09 PM
Trading this period can be so uncertain unlike few months ago where you can clearly see the movement of the asset yor are trading but this time around, the war incident of Iranian government and Israel, and the government of Trump is making market so uncertain. You can be shorting or longing and before you know it, you get sweep off by liquidity due news release. I am beginning to think that once we are about to enter Bitcoin bear season or when we are already in Bitcoin bear season, a bad incident will take place to make the price of Bitcoin dip and if what am thinking is true, this war might really have a side effects on Bitcoin but whatever price does, we should hold tight and buy more because after bear season, the bull season will emerge.
4 Reply Quote Share
Posts: 5 · Reputation: 80
#7Dec 9, 2022, 08:45 PM
Yeah seems the dynamics is gradually changing but has not really changed much,Technical analysis and Fundamental still work but just that Fundamental event is on course than the technical side you should have to base your decision making with what is happening around the world, the geopolitical tensions and wars to make precise your decisions. Fundamentals are the key thing right now.
3 Reply Quote Share
nova_2019Senior Member
Posts: 239 · Reputation: 1068
#8Dec 10, 2022, 02:38 AM
Brrr I'm so irritated with all this happening around bitcoin, before now when I used to talk about about how bad things have become or will become once trump takes office guys starting taking on me like I hate progress but I knew the regime will be filled with war and revenges he never achieved during his first regime. Trading today is now more like an X tweet analysis, if you have to trade you have to be on your notifications on X to be profitable I can't disagree with this. It's really hard for guys this days bitcoin can't even take good pips without trump stepping in, from tariff war to physical wars... I'm tired for real!
4 Reply Quote Share
Posts: 2 · Reputation: 38
#9Dec 10, 2022, 04:13 AM
Trump is the new trend, if traders can catch up well with the latest events made by Trump, the chance to stay in profits is high. However, those fundamentals and technical analysis can still be of great help. If you are a short-term trader, go for technical analysis, but if you chose long-term, go with fundamental analysis. At the end of the day, what matters the most if that you actually know what you’re doing, in order to maximize your profits.
4 Reply Quote Share
Posts: 5 · Reputation: 90
#10Dec 10, 2022, 05:53 AM
Yeah, right, and I tend to agree that fundamental analysis revolves around trends and news. Donald Trump has become a new trend in crypto and is frequently in the news. This can be used in trading as a tool since its influence may impact market prices. I think most traders now rely more on fundamental analysis than on technical analysis, as it is easier for them to follow trends rather than doing the calculations involved in technical analysis. The image of OP shown above was right. Trump is a major influencer in the crypto space now compared to back then.
1 Reply Quote Share
Posts: 13 · Reputation: 168
#11Dec 10, 2022, 06:54 AM
That's why there are lots of bots that are running 24/7 just waiting for some tweets or any social media posts from popular people such as Donald Trump, before I remember Elon Musk where even whatever he tweet, the market really reacts.
4 Reply Quote Share
Posts: 27 · Reputation: 165
#12Dec 11, 2022, 01:17 PM
Back then people were also trading based on politics and regulation, but just not as apparent and as fast as it is today. Nowadays people are using bot to detect tweet from influential figure to make trading decision, now with the help of AI it can summarize further and make more precise decision. I agree to some extent, some people out there might just trade by waiting statements from influential figure alone and possibly made big fortune out of it. Things changes I guess. Fundamental is not the primary factor to determine trades anymore, it's all about hype.
3 Reply Quote Share
maxi1337Member
Posts: 7 · Reputation: 157
#13Dec 12, 2022, 05:39 AM
News do shape the sentiment and the bias, so to speak, with which investors look at the market (or may look), but analysis is still needed nevertheless, because news are short-term effects, so to speak, and we look at the broader picture and see that.. they are not the triggers, the true one, big ones.
4 Reply Quote Share
king_nodeMember
Posts: 3 · Reputation: 58
#14Dec 12, 2022, 09:11 AM
In my opinion, news has always influenced the cryptocurrency market. In fact, it has affected all markets to some extent, but the crypto market has always been more sensitive to the news background. So, to say that something has changed a lot now, I would probably disagree with that. However, since the crypto market keeps growing, and it is impossible not to notice it anymore, big players like world politicians are getting involved. It just means that now we also need to pay attention to this.
4 Reply Quote Share
Posts: 4 · Reputation: 87
#15Dec 12, 2022, 11:26 AM
I would also add up that the crypto market is much smaller than the traditional market: thus, in perspective, it may be affected to a much bigger extent, by any means, really, depending at which part of the market we are looking at.
1 Reply Quote Share
DarkDefiMember
Posts: 9 · Reputation: 168
#16Dec 14, 2022, 09:17 PM
Honestly, I see the market as the same, still influenced by news, still manipulated by big players in the market. The only difference is that before the market manipulators were whales like Elon, Michael Saylor, CZ...but now they have been replaced by Trump. As president of the United States, he is attracting unprecedented attention, that's all. Everything remains the same, fundamental and technical analysis only help us increase our chances of winning, they never and cannot guarantee anything. Are you sure and confident that without Trump's impact on the market, you would have made more profits through your analysis techniques?
2 Reply Quote Share
Posts: 4 · Reputation: 87
#17Dec 14, 2022, 11:01 PM
You would never get what Trump would do in his own head anyway, so the best course is just adapt to it and analyze facts, all the rest is smart money: and it cannot be seen, to which direction it goes: you only see the aftermath.
3 Reply Quote Share
lonelaserMember
Posts: 4 · Reputation: 43
#18Dec 15, 2022, 03:07 AM
I've been trading since 2020 but I am in crypto since 2014-2015. I've been actively watching Bitcoin's price since 2016-2017. Was there a moment when Bitcoin trading depended on fundamental and technical analysis? I think that Bitcoin's price was always based on speculation but it wasn't very visible till 2020. Since 2020 and 2021, when Elon Musk started tweeting, bitcoin really became very much that meme. You have to follow Elon Musk's Twitter and Trump's Twitter to know whether the price is going up or down. Very recently, there was a moment of SEC's twitter leak that drove the price too. That's very bad to my mind. Wish Bitcoin was more driven by many other news instead of tweets of two idiots.
5 Reply Quote Share
fox2020Member
Posts: 10 · Reputation: 173
#19Dec 15, 2022, 05:09 AM
Fundamentals and technical analysis still the way to go in trading. But we need to realize that Bitcoin now is not just from that way because Bitcoin now slowly become globally. We see what happen to Bitcoin when Trump say something. The last thing that Trump made give an impact to Bitcoin price and the price is down. Although that may not be the real reason for Bitcoin price down, but many people says that is correlated. You need to gather more info to analyze Bitcoin movement so you will get more data. You can still use fundamentals and technical analysis to know where Bitcoin will go. And by using the other data, you will get more info that will help you to analyze better.
2 Reply Quote Share
tony.kingMember
Posts: 2 · Reputation: 86
#20Dec 15, 2022, 05:23 AM
There's that significant difference on which this will be pertaining about into its adoption and recognition. If you've been here on this market for a while now then you would definitely say that there's no news wayback that could be able to affect out crypto market price on 100% precision or all the time on which the market could move out without any valid reason at all. It is just that in todays years on which global leaders are now that being involved and the regulation had become widespread or simply the recognition and regulation had become that even more higher compared into the past. This is why you can be able to say that there's really that difference when you are trying out to base up with those news and events around and you will be using it to be part of your analysis on which this one isnt that bad at all. There are just that those times or moment we've been too positive on basing up on what we are seeing by our own eyes. Well, you cant be able to blame out the community on trying out to get in line with these sentiments on which it do turned out that this one ending up some indirect manipualtion towards markets. Somehow we cant be able to make out some solid evidence about manipulation but its there. The important thing on here is that you do know on how to go with the flow or you will be able to make out that kind of possibility that you can make out some profits if you do know on what you are doing and having that kind of timing.
4 Reply Quote Share

Related topics