Topic: Do you think that Beginners need Technical analysis? - page 29. (Read 3622 times)
Beginners and technical analysis are two incompatible things, a beginner needs strong nerves while they study the movement of the market and gain experience.
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.
Hi guy, I fully agree with you. the Technical Analysis is important for everyone before trade any ICO. The cryptocurrencies is very promising in the future, I think that everyone should equip the knowledge about crypto to not miss the investment opportunity or to avoid scam!I dont think that technicaly analysis can help any beginners. The most beginners has no basis for all the cryptoc themed stuff. So without this basis, the technically analysis cant help any of them. They need at first some experience and know how in cryptocurrencies.
More important for beginners is to understand the relationship between coins, and how to be patient when the market falls.
I dont think that technicaly analysis can help any beginners. The most beginners has no basis for all the cryptoc themed stuff. So without this basis, the technically analysis cant help any of them. They need at first some experience and know how in cryptocurrencies.
Knowledge is power. Without it nothing is possible. We all know crypto market is a very interesting market. we need to learn many things about this market. Some people gain their knowledge by visiting and investing lots of time spending some money or make partnership whit someone who has a better experience than him. But most of the cases it is not possible to trust some one where the thing is to invest money and most of the people don’t trust other people in that case.
So any beginners who want to know and use this knowledge to achieve something from this place they must have some mentor who guided to how to work how to invest how to deal how to trade how to be safe from fake people in this market ,their mentor will also teach them about which trade will bring profit to words them.how to predict the market.IN short long story short every beginner needs some technical analysis.
So any beginners who want to know and use this knowledge to achieve something from this place they must have some mentor who guided to how to work how to invest how to deal how to trade how to be safe from fake people in this market ,their mentor will also teach them about which trade will bring profit to words them.how to predict the market.IN short long story short every beginner needs some technical analysis.
No need. I think novices do not need to learn technical analysis. You should find a community. Or some professionals will learn faster.
Frankly speaking technical analysis doesn't usually works in the crypto markets and the beginners don't need technical analysis. They just need to understand to do their own research like check the dev team of the coin, if the coin has any value and if it isn't over valued, if it has any real world use cases, etc.
I totally agree with you. I tried to use technical analysis, but I lost my money when I did that. I tried to follow the charts, watched the telegram channels, and when the price was supposed to go up and all the indicators pointed to it, but in spite of everything it went down and I lost money. Many times I tried to use technical analysis, but more than half of the bets did not work. So technical analysis can't help to the newbie on market, because it takes time that newbie see all picture and got invaluable experience and it is not possible to go to the market and be expert in one month. You need time and this is part of the game, you should spend a lot of time to research.Therefore, I did not recommend the use of technical analysis to the newcomer, but instead I look at the idea, product, project team and just invest in the most promising. I'm not looking to the price. I'm holding these coins because I'm sure that time of these coins will come, but not now. You should be patient if you want to make profit.
In a volatile market, such as a cryptocurrency, a fundamental analysis is more important than a technical one.
I believe that beginners do not need to rely on technical analysis for 100%. Technical analysis does not guarantee that the price will go further exactly as the figures of technical analysis show.
Yes, beginners must learn technical analysis. However, it cannot rely on technical analysis. It must be objective and luck is also crucial.
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.
Yes we they need technical analysis more on the market because one of the greatest problem of the new investors are, they are losing a huge amount of profit when they are panic selling their coins.
Beginners and technical analysis are two incompatible things, a beginner needs strong nerves while they study the movement of the market and gain experience.
I believe that technical analysis is still the best thing for trading. If you are going to trade on stock exchanges, you have to study it. If not, do not rush to hammer your head with complicated things.
I agree, if you are a day trader you need to know all this very well, but if you have a couple of coins that you believe in and you want to hold them for at least a certain period of time, then you better invest your time in doing proper research.
Everyone who is evolved with cryptocurrency needs to educate himselfs. Therefore is it important to follow technical analysis, because it is an important part of the journey of a trader. There are a lots of videos and tutorials for beginners, who can help the understanding of technical analysis.
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.
Yes, you are right, but I believe that much knowledge does not exist and, if possible, it is necessary to study and know everything, for success in the world of crypto-currency. 
I think of course. The analysis is indispensable for anyone. They must analyze first before starting investment. If they carelessly invest then they are likely to lose. But we do not know something for sure, so do the analysis first before investing.
Beginner should be reading a lot on this forum before risking their money. You need to understand how this world works in order to take advantage of the opportunities.
I think Technical analysis can work for some of the big players like BTC and ETH, but only if you’re exceedingly good at it. 
I agree we can not arbitrarily take action to sell or buy without analyzing or researching in advance many traders who lose because tempted to profit without know the price down or up .. so information and analislah before taking action
Of course beginner needs it, technical analysis is important for everyone as a tool to predict the movement of some coin. The biggest mistake almost every beginner makes is they don't understand about investment and trading and decide to jump in blind, buy something and later lose a lot of money because they buy at top. Even a simple indicator like rsi can help to know when to buy or sell. Technical analysis is very important and it is definitely worth the time and effort to learn it.
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