Do you think that Beginners need Technical analysis? - page 5.

ishirut009

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Activity: 616

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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.

yeah, we can use technical analysis when positioning ourself in the market, because of TA we can buy cheaper, we can avoid buying at the top, on the last crypto bull run, a lot of people can avoid that if they know TA in able to not to buy to the top.

miklesm

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Activity: 1078

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I think the need in technical analysis skills depends on your aims in crypto - if you are going to become a trader, it is definitely needed, but in case you are going to buy BTC or some altcoins and forget about them for some years, there is no need to know technical analysis.

Suwycu

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Technical analysis is a very necessary thing that not only beginners should apply, but also people who have been doing it for a long time!

BigBos

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Quote from: Cat Coin on January 30, 2019, 12:09:05 AM

Investment is about making the right decisions. And how to take them if you do not know the basic rules. Therefore, starting new, it is necessary to obtain basic knowledge, and in investments, technical analysis - one of them. Where to get knowledge is your choice.

I think analytical techniques are indeed very important for people who join the world of cryptocurrency. it was used as a way to speculate the price on a coin. if possible, everyone needs to have this technique, even a beginner. yeah, you're right. much that needs to be learned for a beginner, such as knowledge, to technical analysis

Augustyusuf

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Activity: 546

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of course it need, because if some nub decide to join or invest in some ico without have basic experince on technical analize, he is only wasting his money.

fillippone

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Quote from: akram143 on January 29, 2019, 06:09:53 PM

Quote from: PuertoLibre on January 29, 2019, 04:49:34 PM

Quote from: fillippone on January 26, 2019, 11:36:19 PM

Technical analysis:
(Always relevant XKCD)
https://xkcd.com/2101/

This photo explains a lot! Why do traders prefer to live indicators instead of having clear charts in front of their eyes? Drawing lines to graphics should be a fun for newbies. Technical analysis requires easy,understandable logic behind charts.

Yes This picture says how technical analysis will help for your new people to get more attached with the investment that someone invested in cryptocurrency field but there are some other qualities will also important but technically analysing think is the most important thing for a newbie to make his career more powerful.

This graph is sarcasm. Do you reckon?

CryptoAlphaStar

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Activity: 574

Merit: 101

Technical analysis can be a powerful tool for everybody. However, I don't think that this is one of the most important things that a beginner needs. And I mean it, by far.
Technical analysis can give you some precision and some percentages gains more here and there. But a beginner has much more crucial information to collect first - how the market works, cycles, manipulation, basics of investment and just after then, starting to optimize his performance.

Cat Coin

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Activity: 532

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Investment is about making the right decisions. And how to take them if you do not know the basic rules. Therefore, starting new, it is necessary to obtain basic knowledge, and in investments, technical analysis - one of them. Where to get knowledge is your choice.

Mianae

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Activity: 798

Merit: 14

Everyone especially the beginners needs as much knowledge as they can get about FA and TA to help them make logical decisions and choices in this space. Someone with any TA knowledge is like a blind man being led to the stream you wouldn't know until you're drowned.

goldexp83

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Activity: 225

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quarkchain.io

Yes of course, a little bit of basics of trading can help a lot and create overall better market conditie

especially for beginners that want to enter a trade with the risks to buy at terrible prices and so on

there's plenty of free tutorials and guides to learn how to trade, my favorites:

-trading view course
-edx courses

djuragan

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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.

Indeed, everyone need the knowledge or ability to do an analysis, the reason would be we can't keep on depending on another people for any decision we had to make or when we are choosing a now project to make an infestation.

Little Mouse

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Technical analysis lately do not come true anymore. Some experienced analysis is also failed to speculate based on technical analysis. That is why I think newbie should not bother to do it rather they should learn and gain knowledge about crypto market.

Rooster101

sr. member

Activity: 826

Merit: 256

If a beginner in cryptocurrency is planning to join trading in the future, he should learn the basics of trading first and that includes the technical and fundamental analysis. Technical analysis is used for better understanding of the market sentiment and to make more educated prediction and better trades. Chart reading is more beneficial in trading than guessing the possible outcome of the price so every beginner must set aside some of their time to learn technical analysis.

elzjmirra

full member

Activity: 574

Merit: 100

In my opinion, for beginners, this is very much needed, such as training. Because by doing that analysis you can find out the price of the coin. So, if this beginner can make a good decision to buy coins. Because we can see that not all coins have good growth and we must be careful.

Dragonrage201

full member

Activity: 630

Merit: 110

It is good to know technical analysis but it is more art than science. Different technical analysts can have different opinions about same chart.

clavirda

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I am also fully convinced that novices must have sufficient knowledge to succeed in their chosen field of activity. Technical analysis provides relevant and important information for its success. Therefore, you should always find time and energy to study this information.

Lagduf

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Activity: 1162

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Quote from: playboy654 on January 29, 2019, 04:56:00 PM

Quote from: BitDane on January 29, 2019, 04:33:20 PM

I think Technical Analysis is really good when you do trading but I suggest that if you are a newbie, just know the basic first before jumping into the technicalities of the trading market. I am not saying that you don't have to study well but you must know how trading works then eventually you will so the technical analysis once you are doing the trading. The hardest thing to do is to decide and start.

Thinking about the technical thoughts for Crypto investment is very important it can be also improve your knowledge about cryptocurrency and made some good way of making our profit for higher than in this field.

That can help us to determine which the decision will give us a lot of benefits combined with FA. TA is really needed by those are doing any trade in the market.
Remember about when someone doesn't use any analyzation to trade and blindly follow the wild market.

akram143

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Activity: 1106

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Quote from: PuertoLibre on January 29, 2019, 04:49:34 PM

Quote from: fillippone on January 26, 2019, 11:36:19 PM

Technical analysis:
(Always relevant XKCD)
https://xkcd.com/2101/

This photo explains a lot! Why do traders prefer to live indicators instead of having clear charts in front of their eyes? Drawing lines to graphics should be a fun for newbies. Technical analysis requires easy,understandable logic behind charts.

Yes This picture says how technical analysis will help for your new people to get more attached with the investment that someone invested in cryptocurrency field but there are some other qualities will also important but technically analysing think is the most important thing for a newbie to make his career more powerful.

playboy654

member

Activity: 546

Merit: 32

Quote from: BitDane on January 29, 2019, 04:33:20 PM

I think Technical Analysis is really good when you do trading but I suggest that if you are a newbie, just know the basic first before jumping into the technicalities of the trading market. I am not saying that you don't have to study well but you must know how trading works then eventually you will so the technical analysis once you are doing the trading. The hardest thing to do is to decide and start.

Thinking about the technical thoughts for Crypto investment is very important it can be also improve your knowledge about cryptocurrency and made some good way of making our profit for higher than in this field.

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: fillippone on January 26, 2019, 11:36:19 PM

Technical analysis:
(Always relevant XKCD)
https://xkcd.com/2101/

This photo explains a lot! Why do traders prefer to live indicators instead of having clear charts in front of their eyes? Drawing lines to graphics should be a fun for newbies. Technical analysis requires easy,understandable logic behind charts.

Topic: Do you think that Beginners need Technical analysis? - page 5. (Read 3622 times)