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Topic: Is technical analysis useful? - page 8. (Read 2535 times)

sr. member
Activity: 1036
Merit: 329
June 17, 2018, 02:21:42 PM
I think the analytical technique really helps me to analyze the right time to buy and sell coins so I can avoid losses and can provide more optimization for profit.
That is the real use of technical analysis to know when to buy and sell our coin. Successful trader use this technique and mostly they succeed.
Not all people that may have to follow this are just have to be a successful after they follow some of the technical analysis cause this is may based to a person if you are not to take this seriuos then it may result of failure.
member
Activity: 203
Merit: 14
June 17, 2018, 02:16:55 PM
I belive you can be sucesfull trading only on tehnical analyze only. Just need to focus and striclty follow your strategy from the start to the end and not ignore not even one part of tehnical indicator.

Wait for the perfect moment and if it is not perfect beter stay out.

Better no trade that being stuck in bad trade…

member
Activity: 644
Merit: 10
June 17, 2018, 02:13:19 PM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis are good when it comes to stock market, and also you may apply this in crypto in some parts but not recommended to rely this information to compared the charts of each other. in this case you need to know every indicators so you have more backup strategies if your technique doesn't work.
It seems to me that in some cases it is still necessary to use intuition, because it is still very well developed. If I pass I have enough experience.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
June 17, 2018, 09:29:49 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis are good when it comes to stock market, and also you may apply this in crypto in some parts but not recommended to rely this information to compared the charts of each other. in this case you need to know every indicators so you have more backup strategies if your technique doesn't work.

Right. I've seen charts this 2018 coming from a lot of so called "expert" technical analysts and chart readers and by far, most of their predictions are way off. I mean yeah you can look at the past movements and base your analyses there but it's probably less than 50% of the time that you'll get a decent or close hit. I don't have anything against technical analysis and i'd admit it may have given some people fortunes but most of the time, bitcoin simply doesn't follow that.
newbie
Activity: 81
Merit: 0
June 17, 2018, 09:17:03 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis are good when it comes to stock market, and also you may apply this in crypto in some parts but not recommended to rely this information to compared the charts of each other. in this case you need to know every indicators so you have more backup strategies if your technique doesn't work.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
June 17, 2018, 09:02:16 AM
I think the analytical technique really helps me to analyze the right time to buy and sell coins so I can avoid losses and can provide more optimization for profit.
That is the real use of technical analysis to know when to buy and sell our coin. Successful trader use this technique and mostly they succeed.
member
Activity: 576
Merit: 43
June 17, 2018, 07:57:21 AM
I think the analytical technique really helps me to analyze the right time to buy and sell coins so I can avoid losses and can provide more optimization for profit.
newbie
Activity: 40
Merit: 0
June 17, 2018, 07:37:01 AM
Technical analysis can not take you 100% success. But without technical analysis, you will only bring your money to others. invest money, time, and invest in knowledge.
full member
Activity: 598
Merit: 147
Next Generation Web3 Casino
June 17, 2018, 05:48:55 AM
Technical analysis for crypto trading is difficult and sometime it can go wrong if some big investors want. Crypto market still not stable for traders to analysis and price still being control by lots of factors.
member
Activity: 322
Merit: 12
June 17, 2018, 03:09:58 AM
Yes it makes sense when you apply technical analysis, it is useful because you are calculating your moves when to push or not, it’s not really 100% that effective, but it makes sense at least. Although luck is really the manager of all, but experience and analysis is very important to make it work, and surely all players do use analysis too and techniques.
sr. member
Activity: 784
Merit: 250
June 15, 2018, 08:31:30 AM
Yes, it is very useful IMO, one of the key methods to predict, what's going to happen. Sure, you can say that the opposite happens quite often, just like weather forecast Cheesy But still, it is useful in many cases.

you cant predict anything even if you use or based on technical analysis because as everyone keeps saying "market of crypto is unpredictable"  technical analysis is only useful if you are using it to analyze a coin that you arent familliar but if you are only investing on popular and common coins like bitcoin and etherium , then i guess technical analysis is not verry useful.

I believe, that it has a role, and sense in trading, but I also believe, that there are other important things to consider, so the technical analysis is not enough solely to be succesful, IMO.

thats right. technical analysis should not be prioritize because it cannot still guarantee that we can always win a trade. keep in ind that luck is still the most important factor in crypto business.
i think you get profit from your lucky, it not good.it will not always happen to you,and so risky while market cracking and need you skills to analize.
member
Activity: 224
Merit: 10
June 15, 2018, 08:04:58 AM
It can be applied to the crypto market. Though, it is a new, not well studied sphere, unpredicted and highly manipulated. I would stuck to the "buy-hold" scheme, which is more profitable.
full member
Activity: 756
Merit: 102
June 15, 2018, 07:25:16 AM
Yes, it is very useful IMO, one of the key methods to predict, what's going to happen. Sure, you can say that the opposite happens quite often, just like weather forecast Cheesy But still, it is useful in many cases.

you cant predict anything even if you use or based on technical analysis because as everyone keeps saying "market of crypto is unpredictable"  technical analysis is only useful if you are using it to analyze a coin that you arent familliar but if you are only investing on popular and common coins like bitcoin and etherium , then i guess technical analysis is not verry useful.

I believe, that it has a role, and sense in trading, but I also believe, that there are other important things to consider, so the technical analysis is not enough solely to be succesful, IMO.

thats right. technical analysis should not be prioritize because it cannot still guarantee that we can always win a trade. keep in ind that luck is still the most important factor in crypto business.
member
Activity: 170
Merit: 10
June 15, 2018, 06:18:52 AM
Yes, it is very useful IMO, one of the key methods to predict, what's going to happen. Sure, you can say that the opposite happens quite often, just like weather forecast Cheesy But still, it is useful in many cases.
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 14, 2018, 05:29:31 AM
I was a doubt that technical analysis working in Cryptocurrency but now I can see that it works. Now you can see the current market there is no any bad news which can affect the market. All the market behave on the technical system. But I hope most of the time market depends on us than technical analysis. We can change everything, We can do anything. Have any doubt?
member
Activity: 188
Merit: 10
June 14, 2018, 04:00:56 AM
It has been proved many time before, that technical analysis is a usefool tool in trading. I always check what professionals can tell from the charts, and try to learn the method as well. Not to forget, that there are other important factors as well.
newbie
Activity: 224
Merit: 0
June 13, 2018, 09:45:41 AM
Technical analysis is always good to learn because most of the ICO companies are based on technical things. People can understand whether the company has the ability to develop the product we can able to understand the analysis part.
newbie
Activity: 149
Merit: 0
June 13, 2018, 09:41:37 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course useful. It is a tool that has been invested and researched for effective use. It is important that you use it. I think it's still true for Bitcoin, and the altcoins I'm not sure.
newbie
Activity: 140
Merit: 0
June 13, 2018, 09:23:16 AM
I believe, that it has a role, and sense in trading, but I also believe, that there are other important things to consider, so the technical analysis is not enough solely to be succesful, IMO.
jr. member
Activity: 210
Merit: 1
June 13, 2018, 08:54:26 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Yes I still believe in the reliability information from Technical Analysis but I think it should be modified in implementation within crypto currencies since the character is different. There are some but the well known is wall for sell and buy can be seen clearly.
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