technical vs strategy | Bitcointalksearch.org

uneng

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Quote from: Mpamaegbu on May 19, 2019, 01:51:28 PM

Quote from: l3jmr on May 14, 2019, 10:48:12 AM

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

I had to bold that to emphasize my point, otherwise I should've had it in quote alone. That statement is contrary. Technical Analyses rely on indicators, not on articles. When you refer to articles or news, you're referring to Fundamental Analyses.

When it comes to trading cryptocurrency, Technical Analyses are bullshit. What truly drives the crypto market is news. News can easily make a mess of whatever TA in place because the industry is fast paced and relies on hype.

That is true, but sometimes it's hard to know how important is that news for the market. We have never sure if the market is reacting like that because a particular news. You may see btc pump now and explain it as a consequence of Flexa third party payment service for crypto currency and the global brands also adopting it through Flexa, but is it what is really driving the market up?

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Both are different technical means you need to use the strategy technically in your right time that is the meaning of Technical but strategy means it will helpful for you to make better success that is call the strategy.

pixie85

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TA is important but it's so vast and there are so many indicators that it's really hard to find a reasonable prediction to follow. In my case strategy is more important. Without having one I'd be sitting there and blindly waiting for it to pump or dump enough so I can take action.

While I wish TA would show me the way it's the strategy that makes me not lose sleep at night.

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Quote from: l3jmr on May 14, 2019, 10:48:12 AM

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

I had to bold that to emphasize my point, otherwise I should've had it in quote alone. That statement is contrary. Technical Analyses rely on indicators, not on articles. When you refer to articles or news, you're referring to Fundamental Analyses.

When it comes to trading cryptocurrency, Technical Analyses are bullshit. What truly drives the crypto market is news. News can easily make a mess of whatever TA in place because the industry is fast paced and relies on hype.

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Quote from: Findingnemo on May 17, 2019, 11:52:28 AM

I don't know much about technical analysis,I just prefer my own strategies according to the market condition and also I don't prefer same type of trading always it also will change for market situation.

I agree on the market situation, we can’t stick on just one plan or strategy we have to develop more that can be suit for the updates on the trend. I’m also not good in TA, but i try my best on trading sometimes the market needs you to be more a good thinker and not just depend on any TA, always think that volatility can destroy any TA.

josephdd1

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Quote from: Malsetid on May 17, 2019, 07:31:22 AM

Quote from: josephdd1 on May 16, 2019, 11:36:39 PM

Quote from: l3jmr on May 14, 2019, 10:48:12 AM

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

iS there any difference between strategy and technical trading? If you listen to your favorite podcaster or writer or "shiller", then that cannot be qualified as strategy. That's dumb. They getting paid to shill for some project. There are very few people that talk about a project because there is merit there. They do it because they're paid to do so.

There's a difference between the two of course. Not everyone can have a strategy that anchors in technical analysis. I for one have no patience to do long time study in a coin and it's movement. But your strategy can go from simple things such as long term or buying when you believe that a coin has potential. It's a lot simplier than studying charts and price movements.

I don't think buying for long term or short term qualifies as 'strategy' when it comes to trading. That's more in the line of investing. So I think you're getting the two confused.
Strategy in trading is always based on ta. Even a newbie understands that.

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Quote from: Gibreil on May 18, 2019, 06:32:58 PM

They say that buy the news, sell the rumors. It is up to the trade who will execute the trades. In my own perpectives, cryptocurrency follow certain news before it moves. The recent bakkt news gave a great implication to bitcoin and other cryptocurrency. As a matter of fact, it pulls up almost all crypto in the market. Definitely, if you just based your assumptions in technicals then you will be profitable but if you combine these two, more profitable to be followed.

Both technical and strategy will great work than to used just one of them.
Both of them is very important and having a role into our trading investment will help us out from danger of losing instead of generating more profits.
It is not all about patient or holding, it will give some odds if we have our own TA's for the incoming.

Gibreil

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They say that buy the news, sell the rumors. It is up to the trade who will execute the trades. In my own perpectives, cryptocurrency follow certain news before it moves. The recent bakkt news gave a great implication to bitcoin and other cryptocurrency. As a matter of fact, it pulls up almost all crypto in the market. Definitely, if you just based your assumptions in technicals then you will be profitable but if you combine these two, more profitable to be followed.

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Quote from: pey on May 18, 2019, 06:01:05 PM

There is no single technical analysis or strategy that can be said to always work in crypto. Crypto is literally a little thing in the finance. Anyone can shake even Bitcoin.

Technical analysis can help to find the repeated trading patterns with the help of trading experience. Sometimes, it takes years to understand the fundamental reasons behind these patterns. Crypto markets are not appropriate for technical analyse.

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There is no single technical analysis or strategy that can be said to always work in crypto. Crypto is literally a little thing in the finance. Anyone can shake even Bitcoin.

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Quote from: aderidwan98 on May 18, 2019, 11:39:19 AM

I put forward the strategy rather than the technical because in the strategy we can analyze carefully what we have to do when the market is in an unexpected situation, and that can save us from a lot of loss

The cryptocurrency market condition is extreemly unexpected. We required to be able to analyze any change in the market in order to make the best decision that will lead to financial gain. I also more focus on strategy, make decision based on market habits usually very effective. For this we need to keep learn the market and looking for many information.

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Quote from: ringgo96 on May 18, 2019, 03:34:33 PM

In my opinion, technical and strategy are very important because the technique is the method or the way we trade, while the strategy is our trading plan so that the future is good and profitable. so we must combine them for the sake of smooth and successful trading.

Without this two it will be hard to succeed in trading, when we do research technically learns, and when we exercise doing it that's how strategy come.

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Quote from: bitbunnny on May 18, 2019, 02:37:00 PM

I think that that is very individual from trader to trader. Sone are more analitical types, some develope their own strategy and stick to it. I think that combination of these two is the best although from my own experiences I can say there is no reliable receipe that will guarantee you profit.

It's not that all of the strategies do give always a profit it is just that some are worth trying even if you do develop your own strategy.
It is always a 50/50 chances when trading just like gambling, it is also up to the trader on how they want to increase the odds so that they could gain their target profit.

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In my opinion, technical and strategy are very important because the technique is the method or the way we trade, while the strategy is our trading plan so that the future is good and profitable. so we must combine them for the sake of smooth and successful trading.

bitbunnny

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I think that that is very individual from trader to trader. Sone are more analitical types, some develope their own strategy and stick to it. I think that combination of these two is the best although from my own experiences I can say there is no reliable receipe that will guarantee you profit.

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Quote from: xvids on May 14, 2019, 05:35:15 PM

It is better to use strategy rather than just relying on a TA.
Why would you rely on a TA if you could do your own strategy and earn from it.
Like I have said before TA and FUDster are the same using their words to move the market.

actually sometimes we can't just rely on our own strategy because of market performance which is so volatile and very unpredictable. that's why we need to make TA as well in order to build our strategy again especially just to avoid further losses. So for me in my own opinion strategy is useless without doing TA because indeed both is useful in order to protect our portfolio and at the same time we can obtain profits despite of the situation in the market.

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I put forward the strategy rather than the technical because in the strategy we can analyze carefully what we have to do when the market is in an unexpected situation, and that can save us from a lot of loss

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Quote from: bhabygrim on May 17, 2019, 07:55:39 AM

I would use my own strategy rather than relying on a technical analysis.
Just look at most of the TA's prediction does they seem good to you?
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.

If all has authentic evidence, that is no longer called prediction, predictions are always based on uncertain, more accurate, what we are doing is through past data to paint a picture of the future, and of course, the exact ratio is only at a certain level. Although the ratio is only at such a level but it is still better that we only participate in the market with strategies, agreeing that there is a good strategy but it is still not enough, everything is relative, no perfection, techniques and predictions are still necessary in trading

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Quote from: josephdd1 on May 16, 2019, 11:36:39 PM

Quote from: l3jmr on May 14, 2019, 10:48:12 AM

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

iS there any difference between strategy and technical trading? If you listen to your favorite podcaster or writer or "shiller", then that cannot be qualified as strategy. That's dumb. They getting paid to shill for some project. There are very few people that talk about a project because there is merit there. They do it because they're paid to do so.

Listen to news through a medium can also be classified as strategy, because they are classed under fundamentals analysis, and when we talk of strategy, we talk of technical analysis, fundamental analysis, swing trading and many more strategies.

I think it is op that caused issue here with is topic, because he cannot compare a child to the parent, strategy is the parent, while all these things like TA, FA and so on are the children, so it should have either been TA vs FA or TA vs other strategies.

Whatever we do that works for us in making a trade successful is our own personal strategy, just that we have some strategies that are generally inevitable like T.A, T.A is a must for everyone.

annango

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Quote from: bhabygrim on May 17, 2019, 07:55:39 AM

I would use my own strategy rather than relying on a technical analysis.
Just look at most of the TA's prediction does they seem good to you?
Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.

To say frankly, we have our own way of making a decision as long as it is suitable for our work. Personally, both technical and strategy are quite same necessary, generally both of them give us a different function that help us a lot, both are useful. Seemingly techinical is inclined to technical analysis. Usually some prediction which is made with technical does not impact on our emotion a lot. On contrary, our own strategy have further influence on our emotion, actually sometimes it harm our mood a lot. Anyways, i think we'd better combine two these things up to the market situation.

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