Topic: Do you think that Beginners need Technical analysis? - page 11. (Read 3622 times)
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.
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 think that any investor needs technical analysis. The analysis of the K-line has been more than a hundred years old, so such technology is definitely helpful to us. But for the crypto market, we can't rely entirely on technology because the market is highly volatile.
Yes,it is important that the beginners are needed a technical analysis so that they knew what they are joining and be knowledgeable.
If you are following a trading strategy then I would say yes, beginners do need to learn technical analysis. If however you are following a long term strategy of investing in cryptocurrencies using fundemental data then you don't need to learn it. I would suggest that if you are a newbie trader that you only trade very small amounts while you are learning how to do technical analysis.
Yes, technical analysis should be done by all traders and it is necessary for beginners of crypto traders, and it is best to learn from a professional mentor.
Beginners don't need technical analysis, but they must know the difference between coins and coins. This is very critical, for example why BTC is so expensive. But he is not as good as ETH.
This completely depends on what they want to achieve in the crypto industry. If their intentions is not necessarily active trading, I believe vesting so much time in learning more about technical analysis isn't particularly necessary. All they should concern themselves with are the basics. They could just buy a coin and hold for long to make profits in the long run. As beginners, it is necessary to study more about any project they consider promising, investing and watching their investments closely. However, if the intend to become professional traders then technical analysis is a must know.
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.
Not only beginners but all of us here need to learn technical analysis basic even if you are not doing trading or only involved in bounty hunting and investing for long-term profit, we must not invest or trade like followers we also need to do our own analysis.
In general, I believe that newcomers in this business need not only technical analysis but also fundamental analysis in order for them to understand how this market works and works.
To start trading on the crypto-currency market, technical analysis is simply necessary for novice traders, without it it it is impossible to predict the market movement.
Beginners need to first learn DUE DILIGENCE.
And should not be doing advanced trading at all.
And should not be doing advanced trading at all.
Conversely technical analysis will help beginners avoid losses but they will also really need to learn the principle of the crypto-currency market.
Beginners need to first learn DUE DILIGENCE.
And should not be doing advanced trading at all.
And should not be doing advanced trading at all.
I agree with you. Beginners do not want to make mistakes in order to lose their funds and they need to study technical analysis before working with crypto currency.
I believe that the basics of technical analysis should know everyone who deals with trading on the stock exchange. And no matter you are engaged in trading cryptocurrency, securities or currency pairs. Another thing is not worth much to go into the initial stage.
Of course we do need Technical analysis.
It is very necessary to do more research on this market. Technical analysis needs to be slowly studied. Of course, it is best to achieve this level of research, so that you can choose from the market to invest in better cryptocurrency. .
either a novice or have been long in this field which is called technical analysis is to be mastered. in the near future or later this is going to be quite useful and very petrified of being able to get results from crypto. many are not mastering it is fully and finally could not get satisfactory results on crypto.
Of course, when we invest in cryptocurrencies, we need to have a good understanding of the cryptocurrencies we invest in and do an in-depth study so that when we determine that they are good quality coins, we can choose to invest.
This is also necessary, by beginners who are less experienced and need to learn, get to know the signal of the market. I think: Newcomers should not be in the early course of trade, by big risk and lack of knowledge
I think beginners and experts alike need technical analysis because the ROI and investment returns that is made his equal to all according to the funds invested, so it is important to have all the analysis both technical and financial before investing into any project besides newbies can get expert to review analysis for them and see when I checked out rather than just being in the dark. I think think analysis is very important for newbies.
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