Fundamental Analysis Of Cryptocurrency
Assalamu Alaikum wa Rahmatullah. How are you all in the Steem Alliance Community? I hope everyone is well. Today I will discuss some Cryptocurrency topics in this community. Let's discuss some things about what Crypto Market pumps and dumps based on. If we observe, we can see that the market pump and dump based on these two fundamental analysis and technical analysis.
An idea about the market can be taken from these two. Today I will discuss fundamental analysis with everyone. If you like my discussions, please support and let me know how you feel.
Crypto market is very volatile market. No one knows what happens when this market, when the market pumps and when it dumps. In this case, we get an idea of when to pump and dump the coin through fundamental analysis. Through fundamental analysis we get different news and based on this news the market pump and dump at different times.
For example, a few days ago after the Luna Coin scam, the market was dumped for a long time and then another bad news was the FTX Exchange scam, as a result of which the market went down again. News is a subject where technical analysis does not work. In the market sometimes it can be seen in technical analysis that the market will pump but still we see that it is dumping. The reason for this is that the market dumps due to bad news coming in the market.
Again, we often notice that there is a lot of bad news in the market, one bad news is coming, then the market is supposed to dump, but we see that the market is pumping. A few days ago there were some bad news in the market but then the market pumped. This matter sometimes goes a little bit here and there. However, to get a proper idea about our market, fundamental analysis and technical analysis are very important.
We use different software, use different websites, we collect different news. Market updates are known based on various news. If there is any good news in the market then the market pumps and if there is any bad news in the market then the market dumps.
This was a little discussion about my fundamental analysis. Please let me know how you like it and if there is any mistake, please let me know through comments. Thanking everyone, I ended my post here today.
ABOUT ME
Hey I Am Amran Hossain Patwary.I Am Professional Digital Marketer And I Also Web Developer. My Steemit Account @ahp93 . I am Using Steemit From December 2022 . I Like Traveling & Photography . I am Very Interested on Information Technology. I Want to Learn More About Technology And I Want to Teach About Technology .




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