Topic: Do you think that Beginners need Technical analysis? (Read 3595 times)
chart history is indeed one of the ingredients that we must enter to make predictions because maybe the market does have a pattern, not in months or time but maybe there is something we can take from bullrun and bearish that happened in the past such as political conditions or what also happening in this world that might have an impact on the market
They should need technical analysis from the investors or traders that have more experience for the beginners since they have enough knowledge about crypto, investment and trading crypto is very risk all the time.
Yes, we must know every coin track record that we will use to invest. With the technical analysis method, this is very useful for you. Don't be wrong in speculating because you don't know the price of the past. Technical analysis is very important so that when you become a beginner you must actively study it.
It seems to me that there is no need to study technical analysis. Many traders trade without his help. There are many strategies that do not require detailed study of charts.
Technical analysis will help you learn more about crypto and understand graphs. I think is very useful it to know both experienced investors and beginners. Therefore, the study of technical analysis will be a very good idea.
For a beginner that wants or needs technical analysis, does he or she even know what technical analysis means. I think it's very difficult to understand the movement or patterns of price movement. It takes a pro in the business to know that. Also, a beginner can start with going through write ups and articles relating to these patterns and it will really take some time to learn and internalize them. Not just something one jumps into.
I think that at the moment beginners should not invest in ICO, and if you want to invest in coins, it is better to choose from the top 20.
Every crypto trader needs technical analysis. It's very important for day traders, mid term and long term investors. So beginners are not left out, but a step at a time. It's a gradual process to grab the whole ideology, not a one day thing. TA has been helping me, but note that TA doesn't give 100% accurate predictions, market emotions can drift the outcome at anytime.
beginners need to know what crtypto is. technical analysis is too complicated for them and they should start from simple things.
Technical analysis can help you through some decisions like when to buy and when to sell, but you can buy anything good at any time and HODL and you will be good, so all you need to know is what is a good and what is a bad coin.
Sure, as a beginner It will really take time for you to do the right things on your own, so it will be just perfect if you get a senior colleague to take you through many things. Try well to do right analysis that could help you achieve something not the ones that will bring big loss
First they need basic information about the crypto sphere from an experienced mentor, then gradually they can go for technical analysis and after much work can trade efficiently.
Yes technical analysis is needed because it will guided the him/her through in cryptocurrency world. It will help him to much know about market structure.
I don't think technical analysis is needed right now. because even beginners or even experts will find it difficult to analyze the bear market. I have seen many of those who made the analysis turned out to be not in accordance with his predictions. and rather than learning about this it is better to try to make psychology stronger. this can make you wiser when something bad happens.
In my opinion, beginners really need technical analysis because even a professional needs it, but a beginner will not easily master technical analysis because technical analysis is difficult to implement and cannot guarantee that it will always be true.
As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
Of course , a beginner should learn technical analysis and read a book on trading , especially if he does not want to lose his money in such a voluntary market, and also study the indicators they help very much in the market!
Technical analysis is a crap for stupid people. Even in the stock market, the analysis worked only in those cases when it was beneficial to manipulators. As soon as it was necessary to deprive everyone of money - the analysis stopped working for a while.
On the crypto market, the technical analysis does not work, which once again proves that it is a lie.
On the crypto market, the technical analysis does not work, which once again proves that it is a lie.
As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
I agree with you every new person in the field of cryptocurrencies must learn technical analysis because it predicts the future movement of the cryptocurrency and the highest pump and points of dumb and this is important so as not to expose the investor or coin holder to risk, a beginner should learn technical analysis through someone with experience on YouTube, Twitter or others and follows technical analysis news and monitors the market, in a period not too large he will be able to learn technical analysis and will know the best times of entry or exit markets.
I think it would be enough to stay by news for beginners. It is a normal strategy that you are buying a token several months before the event should take place and fixing your profit several days or weeks before the event.
They also make their own efforts to learn how to trade in cryptocurrency and how they earn money here. As well as investors who are struggling here should make their own education so they do not get lost and earn.
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