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Topic: Do you think that Beginners need Technical analysis? - page 17. (Read 3595 times)

hero member
Activity: 854
Merit: 522
I think that the analyst in the crypt is one of the most important things because without it you can not choose suitable coins for investing.
Yes we must do analysis technical to find the trend of price, it be needed especially for the people who search the profit from volatility of price and the other analysis, fundamental of analysis be needed by investors especially for investors in the ICOs projects, it is very important because it can makes prediction about the progress in the future of ICOs.
full member
Activity: 392
Merit: 100
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
newbie
Activity: 140
Merit: 0
Definitely yes. Anybody that should venture into cryptocurrency trading should have a substantial knowledge on technical market analysis.
member
Activity: 132
Merit: 10
In my opinion, the novice just needs to be cautious about participating in short-term transactions, not too much frequent buying and selling. Familiarity with encrypted currency transactions as soon as possible
newbie
Activity: 21
Merit: 0
I think that the analyst in the crypt is one of the most important things because without it you can not choose suitable coins for investing.
full member
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
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 probably one of the first thing you need t understand in crypto currency. How it really works at the same time is what it is really. Before engaging into something you need to be prepared in able not to lost into it. With this kind of steo, you probably will understand the matters you need to learn.
jr. member
Activity: 69
Merit: 1
Now there are so many information sites that you can just follow the news, and not to conduct analyses. This can be done only if there is free time.
full member
Activity: 490
Merit: 100
In my opinion, beginners need to learn about the basic concepts of cryptocurrency. Then they need to learn technical analysis to grasp the trend of the market. They also need to participate in this forum, where there are so many topics that may help them. This forum will give newbies tips to avoid common mistakes. Beside that, the newbie also needs an experienced person to guide.
full member
Activity: 364
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.

Beginners need to know the basics first. Technical analysis will naturally come through our daily encounters or experiences as a whole. We do dream of becoming crypto experts someday, but we should learn how to walk first before we could even start learning to run.
newbie
Activity: 46
Merit: 0
Of course! Technical analysis should be used not only by novice crypto traders, but also by experienced traders. Without this, it is possible to commit serious trading errors, with all the ensuing consequences.
newbie
Activity: 96
Merit: 0
I don't think beginners need technical analysis, which may take years of experience to do. Novices should learn the difference between coins and coins.
full member
Activity: 406
Merit: 100
Yes indeed, beginners also need for technical analysis and learning about cryptocurrency, how it works, before making any investment and before becoming a participant in this market.
newbie
Activity: 28
Merit: 0
The thing is do they have enough experience or knowledge for that? Doing technical analysis is something that requires so much mental energy and one must be quite enlightened to an extent to be able to do that. If you do not have the required knowledge, you might not be able to do this, this is why it is mostly advice that you equip yourself with knowledge.
full member
Activity: 420
Merit: 100
Of course it’s useful for anyone who wants to know more about the structure of the crypto world. Those knowledges are great to expand your mind.
newbie
Activity: 88
Merit: 0

Necessarily beginners need an experienced mentor who knows technical analysis and knows what the situation on the cryptocurrency market. This is to be on the right track.
hero member
Activity: 960
Merit: 502
Technical analysis is necessary for those who trade on the exchange, if you are not related to this, you do not need to know this
jr. member
Activity: 63
Merit: 1
Of course, you need to use technical analysis. Read better to start the book Jack Schwager, and start with small inputs to trade.
full member
Activity: 294
Merit: 103
I think that people should first learn how to read and comprehend the lines and figures on the tables. Once they do that they can understand and be able to read technical analysis.
newbie
Activity: 82
Merit: 0
Yes they need it, it's very important especially for someone like me. It's like taking your new employees through the nitty gritty of the new job, that would actually help him or her to deliver better. Technical analysis is very important for the new beginners. This will:
Increase our understanding of crypto world
Help us in making a good decision on investment
Help improve the quality of our posts among other things.
member
Activity: 434
Merit: 11
Technical analysis really is one of the secrets for a profitable trading. It will guide you and will give you better calculations when to enter and when to sell those altcoins for a secured profit. I am unable to read technical analysis a little and it definitely gives me a clearer view where will the price drop or until when it will go up a price. Still, controlling your emotions in trading is the top priority when trading or you will just guide your self to your own losses.
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