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Topic: Do you think that Beginners need Technical analysis? - page 13. (Read 3595 times)

member
Activity: 294
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.


In my own opinion, yes they do really need, the requirement is very simple, you only need to the basic way of how to start investing in the market and how to gain profit.
newbie
Activity: 84
Merit: 0
Technical analysis is definitely a big part of crypto investment but I think the newbies could have a hard time with it, so them learning it little by little while investment is the best option I believe.
full member
Activity: 812
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.

This is true technical analysis is needed especially to all new in crypto trading. We all know that it's not easy it comes to trade in crypto so I think technical analysis can help to us. Also the people that willing to teach us about crypto and about trading.
newbie
Activity: 223
Merit: 0
Yes, I believe beginners need some technical analysis to aid them in trading not only that even the professionals also need an advanced technical analysis to also help them in trading.
sr. member
Activity: 404
Merit: 250
Beginners need technical Analysis more than anyone. This is to make sure they don't make unnecessary mistakes and end up losing funds. This crypto is very volatile and as such they need all the information.
newbie
Activity: 112
Merit: 0
Yes...  Newbie really need technical  analysis about cryptro  because it a currency that has unstable market so if newbie doesn't understand the concept of cryptocurrency it may be so difficult to make something meaningful in it..
newbie
Activity: 72
Merit: 0
Only if the quote is subject to the algorithms of technical analysis. There is no universal pattern, for example, if the coin is subject to the trend line - it means it works, if not - it means no.
member
Activity: 224
Merit: 10
"IGT-crypto - lifetime income from working exchang
Undoubtedly, you need to use technical analysis, it makes it clear the direction of price movement in the short term.
And without analysis I do not think that you can succeed. Analysis allows you to gain experience. And based on it, to draw conclusions and actions.
newbie
Activity: 24
Merit: 0
Yes, I think it is necessary. The ability to master technical analysis allows you to analyze, predict changes in the rate of cryptocurrency, based on the patterns of changes in the past in similar circumstances.
copper member
Activity: 103
Merit: 1
Undoubtedly, you need to use technical analysis, it makes it clear the direction of price movement in the short term.
copper member
Activity: 336
Merit: 0
yes you are right for beginners it is mandatory for their own benefit, if you start without any knowledge you cannot do properly or if you try to do then there is more probability to book loss rather then profit. this is the basic necessity of any work you want to do,first do your training or technical analysis ,get knowledge then start working,this will be better for your wealth and also for your future.
newbie
Activity: 114
Merit: 0
A newbie in crypto that wants to involve and choose the path in trading should definitely study and learn the fundamentals of trading such as technical analysis and other stuff in trading. It also helps to explore the forum for there's a lot of veterans here that you can follow and could be your mentor that will guide you and give you some tips on how to trade the right way and avoid big losses in trading.
member
Activity: 179
Merit: 10
Specialized investigation is critical. Without it, regardless of whether you contribute, you don't know when to offer or when to get, you can not acquire benefit. Learning specialized investigation is something to be thankful for, yet I don't suggest here and now exchanging. By and large tenderfoots lose on here and now exchanging.
full member
Activity: 265
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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 completely agree with your thoughts, newcomers often lose their money and turn away from crypto because they don't have any knowledge about how the market works, they don't know about market trends and it makes them an easy target for manipulators.
jr. member
Activity: 168
Merit: 1
Those who need a full analysis of the project in which he is going to invest!
full member
Activity: 2324
Merit: 175
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 even newbies or beginners must have an understanding on how cryptocurrency works and a technical analysis to be able to pinpoint the best coin to invest and what coins are going to make our profit in a long-term knowledge is power is very important in Cryptocurrency.
newbie
Activity: 264
Merit: 0
I think beginners need everything to learn. Improving skills in crypto is important thing which is going to help you a lot. Technical analysis is exciting to learn and discover new knowledge
newbie
Activity: 89
Merit: 0
If we are talking about the analysis of the technical capabilities of the projects, then I think we should not waste time. It is enough to read the Analytics of intelligent people and generally understand the purpose of the project and its opportunities for growth.
newbie
Activity: 140
Merit: 0
I don't think so that beginners have requires technical analysis because this is very deep study and also they have no proper knowledge about crypto currencies.
But i also feels learning technical analysis is very helpful in trading because without this you can only assume about coin price and market condition. And without this you will never make good decisions about your coins, which is very dangerous.
So according to me if beginners wants to come in trading then they have a proper knowledge about crypto currencies.

If you won't provide them with technical analysis, then they won't be able to study it and try to understand more of the crypto market. How do you suppose they should go from beginners to knowledgeable to you won't provide them knowledge and understanding?
jr. member
Activity: 196
Merit: 1
Yes you are absolutely right technical analysis is compulsory for all beginners as well as trained traders because it help us to identify the next movement of coins as well as crypto markets up and down can easily be understand by all through technical analysis so it is necessary for all types of traders and investors.
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