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Topic: Do you think that Beginners need Technical analysis? - page 10. (Read 3622 times)

full member
Activity: 504
Merit: 100
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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.

They would use it but they would have to be able to understand first that it is just analysis and it is not an exact science. Studying the charts for the past price movements could be good because it can help you to expect what is to come that way you are not blindsided when the market starts moving in a way that no one expected it to
member
Activity: 378
Merit: 10
Yes that right, beginner trader should first learn about technical analysis, and after that learn about risk management how to minimize the risk from high fluctuacion. After we have this 2 knowledge, and then we can jump in to crypto trading.

Among this knowledge, you need many other skills and experience which will let you manage your portfolio and your mental health) Every trader has to survive high growth and downfall and only then pump huge amounts of money into the market.
sr. member
Activity: 602
Merit: 251
In order to correctly determine the patterns of technical analysis, a beginner needs practical experience; it will be very difficult without trading experience. Personally,I don't like trading because I understood one truth - the one who is the most skillful in technical analysis will take all the money from inexperienced traders.
newbie
Activity: 25
Merit: 0
Yes, they need to., Because technical analysis can make them avoid the number of losses from wrong price prediction. At least prevention is better than regret.
jr. member
Activity: 153
Merit: 1
Everyone needs it ,cos we can't stop learning.learning is a process . both the beginners and the old need technical analysis.
sr. member
Activity: 686
Merit: 257
Well, i think technical analysis is not really necessary in crypto, unless you want to do day trading.  However, I feel fundamental analysis is more applicable in Crypto trading. Technical analysis is a good to know IMO.
newbie
Activity: 29
Merit: 0
Yes. I think it is very important that a beginner should be equipped with technical skills and analysis in order to succeed in this field. Crypto is not an easy field , it really needs concrete knowledge to become profitable and successful.
member
Activity: 616
Merit: 42
In my opinion, technical analysis is shit, it is not relevant in the cryptocurrency, and even in the stock market. Show me at least one person who with the help of technical analysis predicted a strong drop in the market that we are now seeing.
member
Activity: 396
Merit: 10
Technical analysis is only an aid, and beginners in the cryptocurrency market should learn the difference between coins. This is not a technical analysis of the stock market that usually only helps to exist. Technical analysis can usually predict the next point in time for market changes, but it is very difficult to judge whether the cryptocurrency is rising or falling.
copper member
Activity: 92
Merit: 0
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It is not necessary to have a technical analysis when the user is still a newbie on this ecosystem. Because like me I just learn from the experience. And I have also watch some good reviews in Youtube videos to know more. Just study the project, study the market growth, and you don't know that you are on your way to success in cryptocurrency.
newbie
Activity: 57
Merit: 0
Of course, not only technical analysis as well as the whole crypto industry. Not equipped with such knowledge and skills will surely lead to big losses especially in this industry. Good thing is that at this time, Beginners will learn a lot from the experience of those veterans or undergo through the war in the crypto space. Subscribing on to their articles and videos are a good thing. Along with these also are the right tools to use on your tradings like coin trackers, news, chartings etc. These features will be soon available in just one platform with Cryptocurrencies.Ai. With the platform, users can do technical charting, market research, manage their portfolio, optimize, rebalance and backtest each coin.

Interested users can signup now on the website to reserve their spot on the free beta launch. https://cryptocurrencies.ai
Also, join the telegram group for latest news and updates. https://t.me/CryptocurrenciesAi
member
Activity: 266
Merit: 10
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 believe that beginners also need technical analysis in order to minimize the risks of loss. At least it helped me a lot to predict a good profit when I was just starting invest in crypto.   
full member
Activity: 672
Merit: 100
Necessarily new market participants must understand that they must spend a lot of time on training, and it is training today that should be a success for new participants, try not to give up and go towards your goal.
jr. member
Activity: 89
Merit: 1
I believe that technical analysis of charts and courses in this field are not effective. here a great role plays the news.
full member
Activity: 406
Merit: 100
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, beginners need technical analysis. If a person begins to participate in the auction without knowledge, he is doomed to failure. The cryptocurrency market is not a game. Not only analysis here need, but entire rates.
full member
Activity: 616
Merit: 100
https://exip.live/
Yes that right, beginner trader should first learn about technical analysis, and after that learn about risk management how to minimize the risk from high fluctuacion. After we have this 2 knowledge, and then we can jump in to crypto trading.
member
Activity: 616
Merit: 30
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.

Newbie means knows nothing,how did you expect them to response and uses this technical Analysis when they don’t even hear this for their lives?Please be responsible in every thread that we are making because this becomes useless for many.let the newbie learn the basic fundamentals and in futurre they will learn TA on their own
member
Activity: 130
Merit: 10
In order to be able to select good projects to invest in, the use of knowledge, experience and expert advice for technical analysis of the project is always one of the important factors. Therefore, technical analysis is an important issue for all investors.
Too many weird coins with strange prices occur inside of crypto, it is best that an investment is made immediately with technical analysis.
member
Activity: 171
Merit: 14
No, the cryptocurrency is not the stock market and the newcomers can't quickly learn the technical judgment. The judgment of technology has little effect on the cryptocurrency market. This is a future product. It has a future more than the stock market.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
I think day traders for certain need to use some technical analysis and also keep abreast of the news, in the general crypto markets as well as the news on each coin or token they are trading. Being ahead of the curve and knowing what you are doing can make you money and also save you a lot of money in losses. If I were a trader in 2018 I would not have lost the value of my portfolio bags, so now I am learning to trade and also discovered an arbitrage robot, so will start arbitrage trading in a few months also.
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