How are you? By Allah's grace, I'm doing very well. You will always lose from futures trading and you can completely wipe out your portfolio if you do not follow two things well, firstly you need to know the crypto fundamentals and secondly you need to understand the technical aspects and open trades with emotion control.

First of all, I want to explain why we give so much importance to fundamental issues or why we do fundamental analysis with an example. Suppose you are going to trade Bitcoin here and you decide to open a trade around 95 thousand dollars and from here you open a trade in the long range. Now suppose that as soon as you buy, a news comes in the market that America is banning Bitcoin and also more news comes that all the big Whales are selling Bitcoin and after this news comes, everyone has an idea that it will have a big impact on the market. Then there will be a big down in the crypto market, you thought that you bought Bitcoin for 94 thousand-95 thousand dollars and from here Bitcoin will go to 100 thousand dollars but when you invest in the market without fundamental analysis and after your investment, when a bad news comes in the market, Bitcoin will dump a large amount. And because of this bad news, your portfolio will be completely empty, that's why we need to know about fundamental analysis and it plays a very important role.

Let me explain to you why we should do fundamental analysis after doing so much technical analysis, suppose you opened a trade from the place where I have marked in red. You can see that Bitcoin gave a good amount of dump on April 30 and the price of Bitcoin reached around $94,000. Then a fundamental news came to everyone that a large amount of Bitcoin was being sold from a Whale account and you opened a short trade of $94,000 without any technical analysis because you thought that Bitcoin would fall below $90,000 from here. Ultimately, when you opened a short trade from here without any technical analysis, you saw that the market recovered again after opening your trade and went to $96,000. This means that the portfolio you had is now zero, so if you do not give importance to technical analysis, you will face loss like this. One important and minor thing you need to keep in mind in Technical Analysis is support and resistance, in this case if you notice there was a good level of support below 94 thousand dollars. Since you did not do Technical Analysis, you had no idea about the support level here and due to which you had to face loss. So you need to keep in mind that fundamental analysis is as important as Technical Analysis in the crypto market. If you want to invest here (since the crypto market exhibits volatility) first analyze it yourself and then invest at your own risk.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.