Topic: Trading by technical analysis or just intuition? - page 12. (Read 3028 times)
I will believe the results of the technical analysis, and it is impossible to make a successful trading. Because there are too many factors to interfere with the price of the scrip market.
I sometimes buy and sell some altcoins because of news on these projects. But we must understand that news does not always affect the price. Also, in a growing market, everyone knows how to trade. But in a falling market, few people know how to trade.
No one can predict the future exactly,the technical analysis are only to get an idea of how the market will react in the upcoming days but there is no assurance that it will happen.And we also can't say institution because it also will leads us to failure,so we need to act according to the current market situation to make profits from it.
Both. But I think that analysis is more reliable than just intuition. Crypto in not much predictable but has some things in it to be predicted. Maybe worth not to invest in something but participate in bounties, dunno
Most of the time, because I don't know how to judge a deal.
So it seems to me that a novice like me should have a long-term hold.
So it seems to me that a novice like me should have a long-term hold.
It takes time to learn technical analysis, I don't think that many people make their trading moves by technical analysis, they just follow chart and take decision by intuition. In cryptocurrency, technical analysis doesn't often work.
If we can do a technical analysis properly, maybe this will be more profitable than just obeying our conscience. because if we just obey the conscience, we will be brought into the emotion of the soul. and that I guess the wrong way of doing trading.
Basing decisions only on intuition transforms trading into gambling. On the other hand, the crypto are so unpredictable in their behavior that the classical technical analysis are of little use. But they are always better than nothing.
I like the idea of technical helpers, these days the computers and artificial inteligence should definitely dominate in the fields, where calculation based predictions are possible.
I myself still use intuition alone. Still learning to be able to use analysis in trading. because with the analysis of course will be more measurable and become definite. However, the learning process is also certainly not easy. It takes time, and also must diligently read the news and developments that are related to the coin.
That's my opinion on intuition in cryptocurrency, endure the technical analysis to build your intuition strength , asides this it is a high risk to lose some money
As much as possible, I try to avoid trading during the downtrend due to higher risks of loss. Sometimes, I do binary and short those coins which I think have hit the resistance. I don't rely very much with my intuition and basing my trades thru technical analysis using 3-4 different indicators.
Personally, all those technical analysis are completely useless. Past performances does not predict the future. Information is key to trading successfully, so do your research, find good projects that really matter to people and invest in them
I always deal with signage, and prestige news, but if dealing with the heart, or intuition, sooner or later shark is swallowed up
I think you should use everything except feelings! In fact, intuition is also very important, because in the crypto-currency market does not always work technical analysis, you need to understand the behavior of the market!
I am quite skeptical on technical analysis...I believe there's no way to predict future trends basing on analysing past data. So you either anticipate the market because you get to know some important news on cryptos (in this case I am ok with talking about technical analysis) or you just have to rely on feelings and intuition ... which we all know can go the wrong way.
In as much as i believe in technical analysis, sometimes you just have to follow your heart. It has worked for me before.
Everyone has his own way. An experienced trader trusts his intuition much more than a beginner. The novice only learns, And the experienced trader already knows how it happens.
Its not too good to always go by instinct, but studying a coin market history will surely help.
Technical analysis of course because intuitions wont give you confirmations with your trades, that is why we should be learning the basic trading analysis so that we wont be losing a lot of money when we are still in the learning process,i wont be using my intuition into my trades because most of the time it is giving me the wrong decisions.
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