source avatarFreedom By 40

Share

One thing I get a lot is these "super smart" fundamentals guys telling me whats going to happen with price in the short term. Short term price action has nothing to do with fundamentals that is why many are always confused or freaking out in the short term. "Earnings were great! Why is the price down?" because its still stuck in a technical correction. "Earnings sucked but the price went up, wtf!!".. It was already done with its technical correction. Anyways, yea I have multiple masters degrees, I could put them all in my bio.. I have looked at more spread sheets, read more 10ks and examined more balance sheets than 99% of people. I greatly respect fundamental analysts and I definitely appreciate their work. I rely heavily on their thoughts to put together a thesis for the LONG term. But in the short term/for timing your entries/exits that would be where technical analysis can help you better understand whats happening.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.