Do you think that Beginners need Technical analysis? - page 19.

dongoofy

newbie

Activity: 90

Merit: 0

Quote from: cellflash on May 21, 2018, 09:33:29 AM

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.

What beginners and juniors (like me) need technical analysis. However, we need something much more. We need awareness of the market happenings and a good history of crypto. Which can be studied and researched online and is something that can be done on your own. So all you need really is motivation

InvestICO2L

full member

Activity: 420

Merit: 102

Quote from: Starving_Marvin on July 10, 2018, 07:21:34 AM

Quote from: Taniya1901 on June 30, 2018, 11:01:03 AM

I think technical analysis is desirable to be able to do to anyone who wants to trade on the stock exchange.. With technical analysis, trading becomes much safer and profits increase

If you are beginning of you need to study the technical side and after that you can use what you need. Starting all the time on good seem to know the truth about the market.

Some people say that it’s not really helpful when a beginner understand about Technical analysis because it’s not important. But as I think, they’re wrong. You know TA plays an important factor in this market. although it’s not easy for a beginner to understand about TA but if you understand about TA , I believe you will have a good skill and a foundation to do trading later. Besides, if you have intimate knowledge, experience about TA, you can build a strategy that can help you avoid some loss. In a nutshell, I encourage beginners to learn technical analysis.

Larymause

newbie

Activity: 70

Merit: 0

Quote from: cellflash on May 21, 2018, 09:33:29 AM

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 if you want to invest only and do not engage in trading, then you do not need TA. The main thing for you to understand where the trend is going, up or down, is to know whether to invest and for what period. TA is needed for daytrading, but it needs to be learned for a long time.

Sandeep24

newbie

Activity: 140

Merit: 0

I think technical analyst is mandatory not only for beginners it is mandatory for everyone who is willing to work in crypto world. Because without technical analysis no body can make perfect decision. If you are not able to take decision then you can't servive in crypto market. So it is mandatory for everyone who is working in crypto world and time to time its upgradation is also required for better opertunity.

bloodmoongreen

newbie

Activity: 73

Merit: 0

At the initial stage, you need to know the technical knowledge . And in any market, you will need it .

terible.hunter

member

Activity: 490

Merit: 10

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Perhaps it will be too complicated, even if the fact that their money is in very great danger and that they need to understand that the crypto-currency world is the risk of losing the entire deposit, which in general can take place.

martabaktelor

member

Activity: 574

Merit: 10

This analysis is very important because that will determine our future at the time of investing. Many people have made the mistake of buying coins and not do the analysis first. And they suffered a loss because the price is getting crashed.

michellee

hero member

Activity: 2604

Merit: 816

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Quote from: dianikusuma on July 20, 2018, 03:41:54 AM

Maybe for beginners have not been included in the analysis phase of this kind. learn just the basic things first, if it is correct then the new phase begins to understand technical analysis it will be better. and of course, it will also be necessary because it is important for the development of future crypto if later.

but still, they need to learn about technical analysis so they can know where the market wants to move and they can make a decision later. they will not grow their skill if they don't learn this analysis especially if they only depend on the other people which are not always right in predicting the trends. it's really important if they can learn many things related to cryptocurrency because they can do the better trade if they have skills in analysis.

dianikusuma

sr. member

Activity: 602

Merit: 250

Maybe for beginners have not been included in the analysis phase of this kind. learn just the basic things first, if it is correct then the new phase begins to understand technical analysis it will be better. and of course, it will also be necessary because it is important for the development of future crypto if later.

Sharon Borgess

newbie

Activity: 57

Merit: 0

It is necessary for everyone, especially beginners - who do not know anything. Technical analysis will help them to have more understanding and accurate choices

Anna Whitee

newbie

Activity: 57

Merit: 0

The pre-coded trader has a wealth of tools to quantify the money market. One of them is Technical Analysis. Using this method, traders can better understand tastes and filter out important trends in the market. This data can be used to make informed predictions and wise transactions. I think this is necessary for everyone, especially beginners

Nicholas Ferreiraa

newbie

Activity: 64

Merit: 0

When it comes to investing in something, it's important to understand it especially virtual currency - which is a lot of risk. One of the ways to better understand virtual currency is technical analysis. Technical analysis will help players to limit risk. Therefore, beginners should make technical analysis to be able to make the best choice for themselves

btcmmo847

newbie

Activity: 60

Merit: 0

Of course, for newbies they have a lot to learn. But In my opinion, everyone needs to learn technical analysis, the world of electronic money is always changing. If you do not catch it, it will leave you behind.

coinmaster241

member

Activity: 672

Merit: 32

Quote from: cellflash on May 21, 2018, 09:33:29 AM

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.

Sometimes that is also true because technical analysis needs special expertise, unfortunately technical analysis needs to study it in detail and thoroughly. for those of us who don't understand about technical analysis sometimes using fundamental analysis based on movement of topics in various countries

Myra4

sr. member

Activity: 434

Merit: 250

I think that technical analysis is needed in any case as well as fundamental. Without technical analysis, little can happen. In General, I would not advise to trade a large amount of newcomers

Viscera

sr. member

Activity: 660

Merit: 250

They should studt Technical analysis especially this bear market but i wouldn't recommend that at first coz if they stick to it and play there extra money for sure they may lose big in day trading. so i suggest to keep reading fundamentals for each coin.

efeyigit399

newbie

Activity: 252

Merit: 0

this is definitely a big need for new beginner, because if you can really analyze it, your chances of making money are increasing directly. So you should try to follow the graphs and you should teach this way.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

If a beginner have the chance to study technical analysis that would be an advantage for him compare to other beginners who jumped into crypto trading. When I started trading in Poloniex, all I look at is which one is being traded fast, I buy and sell afterwards. But there are times after buying an altcoin, price drops and I don't know what do next so I ended up selling at loss but if I know technical analysis, that could have saved me more money in deciding if its time to buy or sell.

happness2

newbie

Activity: 121

Merit: 0

I think that doing investment requires technical analysis. Otherwise, how do you operate your money?
If you don't want to lose money, I think it's better to analyze the market and see the news. Only with experienced experience can you make better decisions.

siremrak

newbie

Activity: 40

Merit: 0

Obviously, specialized examination is totally fundamental for everybody, both for novices and for experienced brokers. In any case, the inquiry is whether you will ponder this or not, you have enough quality for this. This is an extremely troublesome undertaking.

Topic: Do you think that Beginners need Technical analysis? - page 19. (Read 3622 times)