Topic: Do you think that Beginners need Technical analysis? - page 16. (Read 3622 times)
Beginners need technical analysis more than anyone. This is to ensure that they do not make unnecessary mistakes and lose money. This crypto-algorithm is very unstable and therefore they need all the information they can rely on.
For me, it's needed but not very much for beginners. I'm still a beginner too and I learn risk management and financial management first, then draw the trendline and learn how to choose the right time that I can buy or sell. The most important thing is controlling your mentality. Don't fall into the trap in this market!!!
Depends if you daytrade or if you want hold. For holding, AT doesn't matter much (the only analysis would be don't buy after a +1000% 
)
On the other hand if you do daytrade it can be useful to know the basics of AT (for example the supports and resistances). Even if I think it's not always 100% reliable, we can't deny that it matters (if we look at the BTC market since the beginning of the year, we can't say that it's a coincidence if the price stops always going down to the same lowest level)
On the other side it remains indicators, not a crystal ball
)On the other hand if you do daytrade it can be useful to know the basics of AT (for example the supports and resistances). Even if I think it's not always 100% reliable, we can't deny that it matters (if we look at the BTC market since the beginning of the year, we can't say that it's a coincidence if the price stops always going down to the same lowest level)
On the other side it remains indicators, not a crystal ball
Yes,using technical analysis of a person begins at least understand the basics that's for sure,but there is one thing those people who do not study when to rise,fall to watch where that moves,analyze,easier at signals people who are already a Pro and you don't spend actually time
I think the first thing you need to do as a newbie is to be familiar with the market and learn knowledge. This is very important for investment. If you invest blindly, you are likely to lose a lot of money.
Nah I don't think TA is important for news. Or most crypto traders in general to be honest. As long as you're not margin trading.
Technical analysis is more important for professional traders who get the profit within the day or within a few days. It is important to understand the current market situation and how the coin will behave in the near future. For long-term investors it will be much more useful to use fundamental analysis, which allows to estimate prospects of development of the project.
You should never forget that non of the indicators work properly in crypto market. many good experienced traders lost so much money during last bullish and bearish market.
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.
it is actually important especially for newbies who doesnt know anything about cryptocurrencies. it is indeed that it is much easier to understand if there is some people who helps them to understand about it.
On the off chance that there will be somebody who could offer this specialized examaination for the begginers , then that would be better , in light of the fact that as I have encountered you got a long way to go in this innovation , not simply just posting but rather their are numerous specialized things you should know as a component of this computerized digital money world we are in.
I believe that Yes, technical analysis should be used, because it will help to avoid serious mistakes and financial losses when investing.
I think it needs support from a number of factors, such as:
Learn from Youtube, friends who have experience and some information channels from Telegram.
Because to learn Cryptocurrency that requires extra experience so as not to get caught up in high prices.
Learn from Youtube, friends who have experience and some information channels from Telegram.
Because to learn Cryptocurrency that requires extra experience so as not to get caught up in high prices.
although I think it's a bit overwhelming as a novice to start reading all the technicalism that is sometimes used in white papers, I think it's a good starting point to start studying and researching the most important technical aspects of cryptos, it will help you to have a much better understanding of what's possible and what's not in these new technologies.
The market of crypto currency has become more professional. I'm sure that beginners need technical analysis. Everyone should understand the market trend.
Technical analyasis doesnt rules to cryptocurrency mostly, rules the little side. Speculations, news and development about coins rules this cryptocurrency. Now beginners dont need the technical analysis in my opinion. Beginners should buy from deep now and wait like one year without touch. This is the best way make profits for beginners
Anyone who has to learn techniques to capture the market, to win the ICO
Technical analysis is very essential to all crypto users irrespective of your status in order to thrive well in the crypto world. For newbies, it is very smart to seek for assistance from crypto experts in order to come up with tangible analysis of the crypto market.
The earlier the better because on this way you can sure about your future whenever you study technical analysis but it is not necessary it is up you but the point is it can help you a lot on trading as well
You are kidding, aren’t you? Because technical analysis is something like XXI century sorcery. Nothing can take you sure about the future.
Please, be serious.
F1
For beginners, technical analysis requires studying the charts, trends, and patterns to predict the price movement of a stock.
Yes. Anyone who wants to invest in anything should analyze first what they are getting theirself into. Thorough research should be done as always to really understand how their investment will work.
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