Topic: Is technical analysis vital? - page 7. (Read 2533 times)
I believe so, we are humans and we have emotions but mathematics don't,I would rather to trust to numbers than emotions, that's why TA matters, I always check TA before any kind of trading, fundamental news is important too and I think these 2 should be use together in trading to decrease the risk,still noting is 100% in here!
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
Technical analysis is equally important in investing. But you need to have a proper analysis strategy. At present there are many books and mentors showing us ineffective types of analysis. You need to select carefully before applying it for making money, 
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
They are quite good but not 100%. I do make use of those You just need to the best source or a group where you can get reliable analysis from experts, but it still doesn’t mean you should go to bed and sleep, you still need to be at alert and watch your trade to know how things are moving cause it may not be as predicted. The analysis may predict left and along the way the chart may turn right and you will lose. That’s why I said they are not 100% reliable. 
Technical analysis seems more viable mostly when the coin start trading and you just make few assumption but not before the coin is released to exchange Most traders who apply technical analysis are day traders
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
I think it is important that important technical analysis in project investments do not only use fundametal analysis, we also need to know the development of shares in the company, not only to consider the finances, money starts from stocks. both of these analyzes are good in the field we use together it will be very good.
yes, the technical analysis is very vital since many people used it in order to obtained a plan that will guide them to obtained a huge amount of income and from this they can easily avoid the loss.
Actually, technical analysis is vital to all categories of traders. Its for both long term and short term trader. Technical analysis makes you able to pick your entry positions safely when making investment decisions. So, it is vital for everyone
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
For me technical analysis can only be use for reference for long term investment in crypto coz there's a lot to consider for the value of crypto to rise and fall and main factor to consider is the sentiments of people. Like for example, many people using TA predict that btc will rise to $60K by end of this year but this seems to be unlikely now if we're looking at how market's performing due to several events that making people to sell like bitcoin ETF's delay of approval.
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
if not use technical analysis what they use ? 
that is what a lot of trader use. because if only use speculation, they not really stupid to invest big money on a coin/token. they must be already analyze what they pick first 
Yes, technical analysis is vital because the predictors are using these techniques to predict the price and future prices these are very helpful to understand the market positions and situations.
No doubt that technical analysis is very important in any type of market. You can find really very good opportunities to enter into a market. But in the market of cryptocurrencies it is better to use technical analysis and fundamental analysis in complex, especially base on rumors (or even insider) information.
Having both tools would really be helpful on your trading career which technical analysis for some entry and fundamentals for decision making to enter or to get out. Im using these two things which i do see a good collaboration if you do know on how to utilize it but i would tell you that not all the analysis even both would really have that precise prediction of prices but your own experience and intuition will surely help you out.
So for a long term trade, what you is needed mostly is to make thorough research on the desired Cryptocurrency. Read more about it, especially the Whitepaper. Do your personal strategic analysis and deterministic analysis to know whether the coin is really worth it or not. Technical analysis could be of help too, cause the price movement of the coin is also important to know if the coin is loved or well accepted in the market or not.
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
Exactlfy, for day trading or short-term trading technical analysis is the way to go. Technical analysis is the study of price charts and basically any information that can be compiled from them, such as volume analysis, cycles, trends and statistics. Technical analysis is used to forecast price movements, as well as provide methods of entry and exits from trades.
Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
If you invest in a particular project and a specific coin or token, then, in my opinion, it is best to be guided first and foremost by the features of this project. But when making subsequent decisions, one should take into account the general state of the crypto-currency market, and long-term forecasts for its development. However, in my opinion, technical analysis of the market plays a small role here and in many cases it does not come true. 
No doubt that technical analysis is very important in any type of market. You can find really very good opportunities to enter into a market. But in the market of cryptocurrencies it is better to use technical analysis and fundamental analysis in complex, especially base on rumors (or even insider) information.
It would help but it is not necessary for you to always look up and depend with. It is better if you would try to experience and alwasys remember that basing your decision on your experience would help you to learn more.
Technical analysis is essential for any trader. Analytical, assessment, and updating skills are often more effective and rewarding. Sometimes, visualization can also be profitable, but that ratio is somewhat blessed.
Yes it is, the techinical analysis is a process that gives more reliability that your decisions are aline along to the goals that you have and you will obtained a reasonable result for your own benefit.
This is very vital and important when it comes to trading cryptocurrency or anything represented on the charts. Technical analysis is important when trading any commodity and a good understanding of it is a very good skill to have.
In my opinion, technical analysis is very important for short-term traders, or by day. It helps them to better identify the zone they can take advantage of to make a profit. Of course, if you are a long-term investor, choosing the right time to embed will be the most important factor.
Jump to: