Topic: Do you think that Beginners need Technical analysis? - page 7. (Read 3595 times)
Its true, the newbies needs to have some technical analysis first before making investment to fully understand what they are gonna do. Because most of the investors especially new ones ended up crying for their bad investment move.
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Technical analysis is nothing but bogus. It barely gives a correct output. Technical analysis is one kind of luck. You guess in a way, it may happen or not. Within the last year, a lot of youtuber or crypto analyst has done research thtough technical analysis but more than 90% was never come.
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 really do need the technical analysis so that they don't make decisions immediately. Making decisions without understanding the thing is bad and that's why we should learn for the basics of the market. Knowing how cryptocurrency moves using technical analysis would be the fundamental thing that cryptocurrency should learn.
Beginners need technical analysis, in some way, if you know how to read the chart, it can help a long way in guiding you to know when to enter and when to exit the market. In as much as Technical analysis is good, there are times also when fundamental analysis alters the direction of the 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 too good if you know to analyze the chart before give the decision. I don't say all chart analysis are exact and right with the current situation of market but it show right about 80% and help your decision more sure
yes of course I still have to learn a lot of technical analysis from various sources, at least I can know when to buy and sell.
If you want to be successful you should take into consideration all features, which can help you to make profit, TA is a must have tool in trading. There are many indicators you need to find which suits you the best.
Here is a list of few :Moving Averages RSI Stochastics MACD
Here is a list of few :Moving Averages RSI Stochastics MACD
Not crypto, in any investment market, we needed technical analysis and market history of any asset on which we are investing and I think nobody invest before going to those records.
I am fully confident that successful trading in the cryptocurrency market is impossible without a fundamental knowledge of the market. That is why I try to study theory.
Theory and practice also must be done to be able to learn about trading. melatif fundamental us to be able to understand market movements to be able to get profit from trading. we cannot learn all this
When I was beginner here in cryptoworld I experienced losing money because my knowledge is not enough on that day and I've decided to make more research about where can I invest to money, what coin does my money grow and everything related to the cryptocurrenxy and the beginner really need to do search and technical analysis to know what do's and don'ts they do while they are here in crypto community.
In any field of works ,all that begins should have a tool for them to start their works , so begginners will really need technical analysis to perform their works properly , so like here in bitcoin you will also need some good ideas in order to accomplish tasks required in the bitcoin forum and other crypto related works.
yes, i think it will be good to know about projects and their history .it will be helps us like me to do invest in good projects.
I am fully confident that successful trading in the cryptocurrency market is impossible without a fundamental knowledge of the market. That is why I try to study theory.
Beginners need to learn first what is blockchain and crypto all about. I dont think that it is necessary for them to learn neither fa or ta cause they are just beginners. What they need to learn is the basic and of course to control their emotions, meaning not to be greedy cause we know that crypto are volatile and a beginner can put $500 and double it in a matter of minutes.
Its optional but its not actually a requirement. Crypto can be complicated as it is if you think it is but its also simple if you decide it to be. Anyone can try crypto but not all can be successful with it. It takes time to understand it but you don't need to know it in every detail. Just the neccessary information is enough. It also takes patience and good decision making skills.
in my opinion, the best way is to let him go to the real experience of the changes in the encryption market. novices can start with small investment encryption. this will allow novices to grow up quickly
In general, it seems that this is necessary not only for beginners, because today a very large number of people just do not understand what a blockchain is because they simply cannot imagine that they are already on the threshold of the greatest discoveries.
I think that beginners can trade just on daily news and updates but it is extremely important to know how does trading work and the technical analysis is a basis for this knowledge. The more you know, the bigger your profit would be.
I actually think if a beginner must start from a medium-term investment. with coin characters that have high market volume. if I choose daily trading, I think a beginner will lack skills to trade. choosing the right coin with deep analysis must be owned by daily traders. 
I think that beginners can trade just on daily news and updates but it is extremely important to know how does trading work and the technical analysis is a basis for this knowledge. The more you know, the bigger your profit would be.
I firmly believe that beginners don't need to technical analysis because shouldn't try trading. Trading is for seasoned pros and institutions especially in crypto space . So refrain from doing trading believe me it will cost you.
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