I need to learn techincal Analysis? | Bitcointalksearch.org

SmokerFace

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Quote from: Robertshon on October 10, 2021, 04:53:20 AM

I invested in cryptocurrency in March of this year for Experimental. What I understand is that you should not invest only by reading the post or by searching Google. I should learn market analysis. Or there is another way to understand the market?

No work can be done with zero information. Learning is a key factor to do any work.
I will not recommend you to start without learning proper market analysis and gaining the proper required information. Reading posts and google searches aren't bad at all.
They are for your guidance but you have to find the relevant content. Try reading the forums of experts. You can learn a lot from their experiences. Do not hesitate to ask anyone if you don't know anything. Ask those who know.

pgbit

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Trident Protocol | Simple «buy-hold-earn» system!

Investing is the way to understanding the market but some traders just take them to another level by searching for different coins and getting most information about these coins on different websites and most probably they are going to get information through changing their trading strategies by applying at different levels.

doremonchina

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Notwithstanding outline examples and pointers specialized investigation includes the investigation of wide-running subjects. for example conduct financial aspects and hazard the executives The objective behind specialized examination is generally to recognize exchanging openings and exploit them utilizing a trained standards based methodology that expands long haul hazard changed returns In this article we will take a gander at probably the most ideal ways for amateurs to learn specialized examination without gambling cash on the lookout.

Anguwa

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Quote from: Robertshon on October 10, 2021, 04:53:20 AM

I invested in cryptocurrency in March of this year for Experimental. What I understand is that you should not invest only by reading the post or by searching Google. I should learn market analysis. Or there is another way to understand the market?

Understanding cryptocurrency trading is very critical, it has do with understanding different trading analysis, monitoring market, the projects interested in so as to know the background and origin of the project to know how far will u expect profit and how serious the project is. Knowing these things will help to know how will the project will do well in market and also knowing how crypto market is.

LUCKMCFLY

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Quote from: Hobo66 on November 21, 2021, 01:02:39 PM

The best course of action is to learn how to trade and invest first. Then it will be simple to achieve your profit goal. Remember that you must first decide if you want to invest for the long run or the short term. After that, you should know every aspect of the coin, including which coin and project are better for short-term investment and which are best for long-term investment.

It is an option, but I would back it up with lessons from other market speculators who have had experience, because before doing technical analysis I would have to understand the market to realize when the market direction can go, that is, it should be about understand the market, where each movement can come from, know why without having to see news, this was done by Jesse Livermore, he did not see news, he only did his analysis of the market of what could happen, then he applied his technical analysis that At that time there were no tools that are now considered as tradingview among others, after understanding the market it is always good to apply a good technical analysis to strengthen the decision.

nurilham

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of course technical analysis is needed to determine the time when we can sell or buy coins. Learning to analyze is not an easy thing, we must often see the market to be able to understand it well. knowledge and experience are needed in it because it is true that to trade well we can not only learn theory, but also need practice and learn from the experience. if we can find good technical analysis then it will make it easier for us to trade well.

Fakhrulenclix

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why not, reading articles that discuss technical analysis or searching on Google is one way to increase market knowledge. If you need another way, you need to find an experienced instructor to teach you. In addition, the experience you gain in trading is also a way to understand the market.

Lanatsa

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Quote from: Pamadar on November 24, 2021, 02:11:02 PM

Quote from: AmoreJaz on November 23, 2021, 06:51:57 PM

Quote from: sherenikaw on November 23, 2021, 05:17:45 PM

You will not be able to invest without knowledge so there must be a balance between knowledge and practice. learn technical analysis mostly to trade because trading really requires proper analysis in order to determine when to buy and sell. but if you want to increase your knowledge besides investing which is about trading as well then it is true that you should learn technical analysis. day by day you will be able to determine your own strategy and flow to be able to invest or trade well.

you can learn slowly and don't push yourself too much as it really takes time to have a grasp of the market especially crypto. with the common volatility feature, one should be familiar how different alts behave in the market. and in order to understand them, you should really take your time studying each of these alts. but you only need to study those alts which you are interested with. because with a lot of them, would be hard to follow thru and keep up with them.
as you learn basic TAs, you can already start trading small to learn some tips along the way.

It's better to start small and try to grow your initial investment before you completely put a large amount of money inside this business.

Learning is not as simple as trying to drive a car, though if you have the basic and you see that you can adopt
it's more easy for you to enhcane your skills.

Keep in mind that the process always relying with how you look for the betterment of success. TA is a good fundamental
working in this market.

Never in a hurry and its a must thing on where you should make out gradual improvements rather than rushing yourself into making profits because this

would just result into desperation and further more on making desperate moves which is a no no thing on crypto trading or investment on this market.

Learning Technicals is a must because you would really need of these tools on at least making yourself sustainable.

Pamadar

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Quote from: AmoreJaz on November 23, 2021, 06:51:57 PM

Quote from: sherenikaw on November 23, 2021, 05:17:45 PM

You will not be able to invest without knowledge so there must be a balance between knowledge and practice. learn technical analysis mostly to trade because trading really requires proper analysis in order to determine when to buy and sell. but if you want to increase your knowledge besides investing which is about trading as well then it is true that you should learn technical analysis. day by day you will be able to determine your own strategy and flow to be able to invest or trade well.

you can learn slowly and don't push yourself too much as it really takes time to have a grasp of the market especially crypto. with the common volatility feature, one should be familiar how different alts behave in the market. and in order to understand them, you should really take your time studying each of these alts. but you only need to study those alts which you are interested with. because with a lot of them, would be hard to follow thru and keep up with them.
as you learn basic TAs, you can already start trading small to learn some tips along the way.

It's better to start small and try to grow your initial investment before you completely put a large amount of money inside this business.

Learning is not as simple as trying to drive a car, though if you have the basic and you see that you can adopt
it's more easy for you to enhcane your skills.

Keep in mind that the process always relying with how you look for the betterment of success. TA is a good fundamental
working in this market.

AmoreJaz

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Quote from: sherenikaw on November 23, 2021, 05:17:45 PM

You will not be able to invest without knowledge so there must be a balance between knowledge and practice. learn technical analysis mostly to trade because trading really requires proper analysis in order to determine when to buy and sell. but if you want to increase your knowledge besides investing which is about trading as well then it is true that you should learn technical analysis. day by day you will be able to determine your own strategy and flow to be able to invest or trade well.

you can learn slowly and don't push yourself too much as it really takes time to have a grasp of the market especially crypto. with the common volatility feature, one should be familiar how different alts behave in the market. and in order to understand them, you should really take your time studying each of these alts. but you only need to study those alts which you are interested with. because with a lot of them, would be hard to follow thru and keep up with them.
as you learn basic TAs, you can already start trading small to learn some tips along the way.

milewilda

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Quote from: macson on November 23, 2021, 05:07:45 PM

Quote from: Oilacris on November 23, 2021, 04:32:13 PM

Quote from: macson on November 23, 2021, 04:14:26 PM

some forex and stock players say that using technical analysis as usual in the bitcoin market is really useless because bitcoin is pure supply and demand. i am not a trader who has extraordinary analytical skills but until now i have never lost when trading in the market because i will definitely sell my assets when it is profitable and buy back when the market is bearish.

I dont really believe with those claims that you have never lost.Are you some sort of a perfect trader? LOL!

i am not saying that i am a perfect trader, i am also a new trader and not a day trader but i will not sell when the price drops. try to notice in one month how many times bitcoin is bullish and bearish? if you can take advantage of that opportunity and immediately sell when you make a profit even though the profit you get is small then you will never lose. this is my trick, it's up to you to believe it or not.

Not actually a trick but would rather a casual thing to be done as a trader on where sell out whenever you are in profits but i doubt that you wont really be get affected with price declines knowing that human beings are way too emotional when it comes to this or simply highly reactive which does indicates that you could really possibly able to have that feeling of panic sell which is something
that cant really be avoided. Of course you would really be needing to learn up technical analysis and so as with fundamentals whichever you do like because these analysis are relevant on making
yourself effective into this market.

sherenikaw

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You will not be able to invest without knowledge so there must be a balance between knowledge and practice. learn technical analysis mostly to trade because trading really requires proper analysis in order to determine when to buy and sell. but if you want to increase your knowledge besides investing which is about trading as well then it is true that you should learn technical analysis. day by day you will be able to determine your own strategy and flow to be able to invest or trade well.

macson

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Quote from: Oilacris on November 23, 2021, 04:32:13 PM

Quote from: macson on November 23, 2021, 04:14:26 PM

some forex and stock players say that using technical analysis as usual in the bitcoin market is really useless because bitcoin is pure supply and demand. i am not a trader who has extraordinary analytical skills but until now i have never lost when trading in the market because i will definitely sell my assets when it is profitable and buy back when the market is bearish.

I dont really believe with those claims that you have never lost.Are you some sort of a perfect trader? LOL!

i am not saying that i am a perfect trader, i am also a new trader and not a day trader but i will not sell when the price drops. try to notice in one month how many times bitcoin is bullish and bearish? if you can take advantage of that opportunity and immediately sell when you make a profit even though the profit you get is small then you will never lose. this is my trick, it's up to you to believe it or not.

Huppercase

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You need the basics of technical analysis, it helps you make a nice market entry-level and when to sell your coins and when to expect a fibonaci level whenever a coin is heavily pumped.
As trader who hold crypto trading as source of income need technical analysis in how to handle the market situation and trends. It makes you get much confifenkn your trades and make easy decision but you need the fundamental as well. You need to stay up-to-date on information about the project you are interested in buying.

Shasha80

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Quote from: ?? on ??

Quote from: macson on November 23, 2021, 04:14:26 PM

some forex and stock players say that using technical analysis as usual in the bitcoin market is really useless because bitcoin is pure supply and demand. i am not a trader who has extraordinary analytical skills but until now i have never lost when trading in the market because i will definitely sell my assets when it is profitable and buy back when the market is bearish.

That could be a good strategy and for me TA works also here in cryptomarket though its more volatile compare to stocks and forex but I can say that if you only know how to play TA then you can be good. In order for you to succeed you must know how to analyze because this will be your guide for buy and sell strategy so don’t forget to analyze always.

Indeed, everyone has their own strategy to make profit through crypto trading. I'm not against if someone trades without using technical analysis,
if without technical analysis he can succeed, good for him. But I'm a person who relies on technical analysis to help me make decisions, at least
I feel helped by the results of the technical analysis I did. And I suggest for those who have not been able to do technical analysis well, please continue
to study until we really understand, it will really help us to read the direction of the market. So we can make a decision without hesitation,
and some of the results of the technical analysis that I did proved to help me make a profit when trading crypto.

Oilacris

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Quote from: macson on November 23, 2021, 04:14:26 PM

some forex and stock players say that using technical analysis as usual in the bitcoin market is really useless because bitcoin is pure supply and demand. i am not a trader who has extraordinary analytical skills but until now i have never lost when trading in the market because i will definitely sell my assets when it is profitable and buy back when the market is bearish.

I dont really believe with those claims that you have never lost.Are you some sort of a perfect trader? LOL!

Trading indicators are just the same imho and it doesnt matter on what market you are into whether forex/stocks/crypto then it would really be just the same.It is just on that they do only differ

towards on readings because we know that crypto does have more or higher volatility in terms of their price.Learning is something that would takes time and effort which cant really be learnt
up overnight which you should put up into your mind.

macson

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some forex and stock players say that using technical analysis as usual in the bitcoin market is really useless because bitcoin is pure supply and demand. i am not a trader who has extraordinary analytical skills but until now i have never lost when trading in the market because i will definitely sell my assets when it is profitable and buy back when the market is bearish.

jaberwock

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Quote from: Robertshon on October 10, 2021, 04:53:20 AM

I invested in cryptocurrency in March of this year for Experimental. What I understand is that you should not invest only by reading the post or by searching Google. I should learn market analysis. Or there is another way to understand the market?

Trading cryptocurrency doesn’t need you to be just good at technical analysis, or relying only on reading articles that you would see online. For you to be a good cryptocurrency trader, you will have to be doing both of these. That’s why you are being told that there are two types of analysis that you will have to be making use of: technical analysis and fundamental analysis.

I will advise you to read up on these two types of analysis for you to be able to understand what they’re all about, and how the both of them works. So for you to be a good trader, you have to be able to know what is happening in the market, and not just only what’s happening in the market, you also have to be able to analyze the market and be able to tell what’s likely to be the next direction that the market will be moving to.

Hobo66

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The best course of action is to learn how to trade and invest first. Then it will be simple to achieve your profit goal. Remember that you must first decide if you want to invest for the long run or the short term. After that, you should know every aspect of the coin, including which coin and project are better for short-term investment and which are best for long-term investment.

lixer

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Quote from: redsun114 on October 20, 2021, 10:39:28 PM

Quote from: Hippocrypto on October 19, 2021, 07:38:20 AM

You don't necessarily need to learn Technical Analysis for investing, as it's mostly for trading. With investing, they just depend on the asset where they can think its good for them to invest and they can surely earn

Yeah technical analysis is for trading and this way for investing we must need to learn fundamental analysis. Still, learning both technical and fundamental analysis at a time is highly recommended as it will help any trader to interpret the market in more effective manner. Fundamental analysis is asset specific but it would be easier to do compared to technical analysis.

That's the key thing that people mistake. Is it important to learn TA and fundamentals in order to make a profit? Of course it is important, it is incredibly important but the reality is that we are in a situation where we are literally making a loss with everything we have to do at times, even TA and FA and everything else, you end up with a loss, or there are days like these days, the past week is a proof that you could make a profit if you are still doing something that is like "feeling" something and removing all the TA and FA because it is easier to make a profit right now.

So that means you do not make a profit just because you do know how to do analysis, or you are not going to be losing money just because you do not know it, it just makes it easier but doesn't mean that it will be the only way to make that profit so it is better to learn it, but not "must" learn it.

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