Bitcoin Forum

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?

You shouldn't invest in something you know nothing about, but since you have already invested, it makes little sense to research the projects now. I hope most of your money went into Bitcoin and not some insignificant altcoin. You don't need market and technical analysis skills unless you plan to become a day trader.

You are now a holder of cryptocurrencies.
What is your goal? Do you want to hold until your coins reach a certain price to sell them?
Do you want to use Bitcoin as a payment method to purchase goods or services?
Do you want to reinvest your Bitcoin in alts (not recommended)?

It's much easier to advice you and provide recommendations if we know what it is that you want.

You don't necessarily need to learn technical analysis for investing, as it's mostly for trading. With investing, depending on asset class, you just need to know how to do deep dives in the assets you're interested in investing in— may it be in a business, stocks, or cryptocurrencies. I'm pretty sure a lot of the most successful investors doesn't even do TA, they're just really good at picking things to invest in.

Although, you may prefer to learn just little of technical analysis, short term traders (scalpers, day and swing traders) need much to know about technical analysis, but being an investor does not mean you should not know few about technical analysis. Few like able to read the price charts on Coinmarketcap or Coingecko. But getting much deeper like learning Japanese candle stick, studying indicators like RSI, EMA, RMA and Bolinga band and the likes are not necessary.

But irrespective of you being a short term or a long term holder, you should know more about fundamental analysis, staying updated about what is happening about cryptocurrencies, reading crypo news and knowing the level of crypto adtoption.

I will advice you to research about the coins you want to invest on, some altcoins are shitcoins, people will invest, but later the coin price will plummet significantly and investors will lose. Bitcoin is a very good coin to invest and it is highly decentralized, in fact, it is the first of all. About altcoins, do more research and avoid shitcoins.

Someone who relies on google results or posts with his investing decisions is likely to have a bad experience because you don't know where to start and what exactly are good for you. That's why you need to learn from your own experience and it's nice that you're asking about it.

You have to understand it through experience and as well as reading some books about it, although books in pdf form about trading crypto.

You only need to learn technical analysis if you wanna do crypto trading. Investing is a different kind of game. When you invest in a specific coin or token, you should have done your own research (DYOR). I assume that you didn’t do that when you have invested in a certain cryptocurrency last March. It’s important that you should take time learning about a specific cryptocurrency along with its roadmap, future plans, etc., before deciding to invest.

Making crypto currency investment base on what people are saying without your own research is not advisable in most cases. Learning technical analysis alone will not make you an expert in trading crypto currency but you have to equally learn the fundamental aspect of the market too for you to be well equipped with what it takes to make an informed trading and investment decision.

Sometimes an investor is left with no choice but to learn to trade.
Eventually, he will trade his coins to fiat that is why he needs still to understand technical analysis when that time comes. Selling and buying at the right time can be determined when he knows how to read the indicators. Buy when it dips as they say but he can only know the dip is the dip when he learned TA.

You have to and you should not take any investments without having the right knowledge, google is too risky to depend on.
Technical analysis will tell you how to timing the market buy using the indicators, it can help you decide on when to buy and sell so you must not forget about this. There's no other way but to learn it on a trusted resources, try to look for a mentor, watch Youtube reviews of some great traders or even buy a local book that tackles about trading. This is how I started investing and trading, very basic yet you need to exert more effort on this because its not easy at all.

In my opinion, if you really understand cryptocurrency, start doing small trades. This is intended so that you can better understand market analysis techniques. Usually practicing while doing trials will make someone easy to understand. But it's a good idea to use a small capital first, so that if there is a loss you don't lose a lot of money. Now from these losses you can also learn what mistakes have occurred, so that this can be a reference for trading better in the future and not repeating the same mistakes.

Technical analysis is beyond making small trades, if you can understand the OP, it is clear that he only wants to invest which makes technical analysis not compulsory, it is different from trading which requires more of technical analysis. Technical analysis like I first implied, it is beyond making trades, you will have to learn it, read articles or watch YouTube videos about it.

If you are an investor, these are the likely mistake:

1. You invested on shitcoins, the price decreased and never rise again.
2. You deal with bitciin, the price decreased, you panicked and sold at the wrong time.

These are the two commonest mistakes that can occur, if you invested in bitcoin, never mind the price decreasing, just be happy that you bought an appreciative asset, the price will reach all-time-high and you will make your profit. People that lost in the past was because they sold while not waited for the proper time to earn the profit.

Or you can probably do practice trading and from there, gain experience and at the same time learn all the things that you want to learn in there, to be hones it's a really underrated thing to do, not a lot of people do practice trading because they see it as a waste of time when it's a good way to do risky moves without having to face consequences.

Yes! I definitely agreed to you dude, it is because if you invest only through your hype matter, that is not a good idea for you to earn
here in cryptocurrency. You must earn crypto that is because you really know when it will happen. Probably, this is the things do were
the majority of the traders apply this way. But to be honest, technical analysis is my way to earn, I maybe use it but very seldom.

There are lucky investors who earned a lot of money by just investing and then hold the coins for good. It's not however the way of the new after a decade of cryptocurrency existence. The battle of currencycurrecy dominance had long started that top ranks compete fiercely. If he has to invest today, he has to learn the Technical analysis or it will be riskier for his investment to dry up. Technical analysis is a tool for investors.

If you are in the market for a very long term then there is no need to learn technical analysis all you have to learn is studying different projects and investing in the best projects. If you want to do trading in smaller time frames then obviously you have to learn charts and money flow to ensure you know what to do in the market, all this forms part of technical analysis which is a study of when to take entry and when to exit along with a study of position sizing and risk management.

As new trader,  you may be tempted to trade all the time without experience and knowledge to guide you,  you will need to learn technical analysis of you intend to continue trading this way otherwise,  you do not need to learn technical analysis.  Invest in bitcoin with long term holding and outlook.  Holding has been the most successful strategy for bitcoin investment so far.  I think this is the solution that you need!

There are different ways to learn technical analysis. But the one i use is by following some professional traders on twitter. There are different professionals om twitter which you can learn technical analysis from.
If you are using twitter, search for @CryptoNewton. Follow him to learn..

Analysing the coin, go to their twitter news and having some groups in common on telegram or WhatsApp can help you a lot,  but you have to learn by yourself and not even trust some one because now a days there are mostly scammers which will take your money, the important thing is that learn by your mistakes and do the right after that.

If you are a hodler of coin and you don't know how to technically analyse the market you don't have much to worry about, you can join the community of the coins you are hodling there you can get good information about what is happening with the coins, latest news about it, new technology and partnerships , new exchanges and creations around the project. By joining the community and knowing happening as mentioned above you are already doing a little technical analysis of the project and joining the community you also know when it will pump or get dumped at the time.
A real technical details or analysis comprise graphs, charts and other tools like indicators. This aspect is basic for those in trading, the scalpers, day traders , swingers and other forms of trading. However, understanding the technical analysis means you can also do well in hodling and knowing when price will drop because you are likely also may see that from technical analysis.

basically the way you read other people's posts is a lesson from an experience, because every crypto investment is certainly not as smooth as you want it to be because it is very volatile.
How to analyze the market is enough to pay attention to price movements at any time, or be in a safe position by holding on to the selling price you set for a long time.

That's right. However, to the best of my knowledge, in the first instance, you can't really blame investors because some projects may have good intentions from the beginning but end up shitty if the implementation isn't right and the developers scamper to safety by abandoning it if they can't revive it. In the second point, we can blame investors because by now everyone should've known that Bitcoin is a phoenix. Bitcoin has been proved to rise back after a severe crash. The best thing to do while it dips is to average down. Buy more at every dip to have a good average cost per coin.

On the OP, you may want to check out YouTube for tutorials on TA. It's a good thing for you to do as knowing your lines will enable you increase your chances of having good entry and exit points.

Market analysis is quite important to invest in cryptocurrency. But what kind of analysis do you need its depends on the type of investment. If you are a short-term or middle-term investor then you need something else, if you are long time holder you need something else. If you are a trader then you need real-time market analysis. So the analysis varies on your needs. But to be honest the analysis of cryptocurrency is not an easy task for a beginner especially.

Since you have invested already that's why you are posting here and trying to research, so that's how we have to lean. There is no special site or something where you can learn instantly you should be involved with cryptocurrency and continue your research to learn. There is no endpoint of learning.

It is not recommended that you invest in something you do not understand, however if you did this as an experiment and you invested a very low sum of money then there is not a lot of harm that can come to you from this.

Now about whether or not you need to learn market analysis, the answer is yes, there are two main branches when it comes to this, you can either learn fundamental analysis, technical analysis or both, fundamental analysis takes a look as the name implies at the fundamentals of a coin and tries to determine if the coin is good enough, and if it is then you invest in it for the long term, technical analysis on the other hand concentrates almost exclusively on the price as those that use it believe the price already reflects everything you can know about the asset you are trading, both are effective you just need to choose the one it fits you better and then dedicate a lot of time to improve your skill in one or both of those disciplines.

It is somehow hard to understand your point but you can remain only as an investor in this cryptocurrency space and if you're looking for opportunities to maximize your holding then you can go for active trading but it is always coming up with its own risk levels. I never recommend anyone into active trading but long-term holding is the only action I do recommend to all the new people. You can make what you could make out of active trading by the way of long-term holding but most of the beginners in this crypto space are not having that kind of patience.

If you decide about getting into active trading in crypto space then you must take time to learn and then more time for practicing in demo environment. Never rush into active trading otherwise you will lose all your capital in matter of one or two trading sessions.

all the information about trading is on internet mate, try different keywords if you want to obtain more information, if you cannot get it by reading articles then try to watch videos in youtube, because nowadays its more informative and you can easily follow and gets what are the most important to know especially when it comes making technical analysis and of course how to use those important tools that can help you to make your work so easy. Just invest time for it as well so that you can obtain more specific information.

It's a good idea for you to learn the ropes in crypto trading, as you can't always follow the tips and signals of influencers. You need to understand the rudiments of fundamental analysis, FA, (project news, government news relating to crypto etc) and technical analysis, TA, which is technical just as the name implies.

You can watch YouTube videos on TA to take some lessons. I also recommend this book on TA for you titled "The Candlestick Trading Bible". It's self explanatory.

The most logical way to learn and understand the market is by applying what you read on the internet. Of course, you don't just read but test yourself in actual trades to truly understand the information you encounter. Since you are still in learning progress, expect that you will really have some difficulties along the way.

Learning technical analysis can't be learned overnight. Experience traders even spend years before they were able to form their own market analysis.

Just continue trading and soon you will be used to it and learned other trading stuff, including proper analysis, automatically without realizing it.

You could learn of something before making any consideration on making decision to invest.

-Technical analysis
-Fundamentals/New/Events

If you don't have any idea and make out decisions due to simple research and possible suggestions then you would really be ending up on holding but if you do
really like to deal actively then you should at least have these kind of preparations on learning because this would really be helpful for you
specially into this career.

Well, they should be partners in crime --technical analysis and fundamental analysis which gives you an almost accurate result of price predicting in the market. If you have been a long time enough monitoring the market you will surely understand the movement on it, right after a continuous bull run, there should be a pump-up of the price, and it has a correction after a few months. Bear in mind that trading is not an easy way of making money, it required skill and knowledge.

Technical analysis is not a panacea and it will not always give you 100% probability for any of the trades.
However, having studied it, you will have an understanding and an additional tool for working with the market. And sometimes you can really catch good movements only thanks to this analysis.

Knowing how to analyze the chart and the possible movement of the market is a must especially if you’re planning to take it seriously or as a living. There should be a basis in something that we do not just because its hype or simply just to hold. We must track its performance if its other coins or altcoins to know if they are for short or long investments. Unlike in bitcoin that we see how the price moves in time even by just holding it in other altcoins it is not applicable that there is a big need to analyze how it moves and where it can possibly lead.

Fundamental such as news and development around sometimes give a better signal when to buy and sell your crypto, they give a good signal in what point you will execute of buying and selling the coin. Reading and searching about what happen is a fundamental way of guessing the market and I think there are still traders doing this. Technical analysis is good if you know technically analysis, a large number of traders was also using this strategy because they know that it will work, so now it depends on your decision.

Indeed right.
Reading and online searches aren't enough to learn but you need actual trading experience to know how really it works. We can make TA without these things but the question is how reliable it was? Of course, it never makes sense and our TA is just a waste of time.

We should have to invest more time in the market, collecting the data from the market is likely the basis of our TA. We can create a good Technical analysis if we want to but of course, you can't assure that it all gonna work perfectly coz it was just still a sort of market prediction and we know how volatile the market which makes things difficult to know where it goes.

The OP is in crypto since last March, so by now, I am assuming he already learn bits of pieces in trading. Because if he bought and he didn't participate in any trading, would be hard for him to understand the crypto market. Though knowledge of TAs is good but when it comes to actual trading, sometimes it won't really help as it depends on the coin you are about to trade. Learn TAs but try to check also how you can apply it in your actual trading.

How to read a graph and then draw it in an ecological analysis is really needed as the basis for our work framework later. after that we are required to comply with the analysis that has been determined. To comply, it takes discipline and psychological maturity

Practice in executing your trading position will help you to understand how things really work inside the market,

By reading or watching tutorials, ideas will flow, but without actual practice, nothing will really develop. You need to have experience both winning trades and losing positions. It will establish good mindsets and from repeating your trade time to time, you will also be develop
good adjustments to anticipate higher chances of good results.


No, it's not, technical analysis needs actual working background to enhance your skills anticipating the market flows.



Your experienced will teach you the proper ways, all will be learned along the way.

I think you should learn and have knowledge about the crypto market before investing in it, this is very important, because if you don't understand you can lose everything. In your case, if you want to maximize profits in the short term, you can learn technical analysis for daily trading. On the contrary, if you have a long-term plan, you can hold, however, choose coins with high growth potential such as BTC, ETH

They do research but not very extensively because the pressure of FOMO is pushing them to buy already before the price went up again. I have the same feeling when I started crypto that I spend $200 from $350 payday fee to me every month only to find out that not all cryptocurrency is going to rise up like BTC.

When I realized it, it got to me that TA is very important to learn. Too bad I lost a lot because of the FOMO I felt, maybe he will also see how I saw it after losing.

There are two ways to analyse the market and your investment. The first one is fundemental analysis. It's a foreward looking analysis that tries to look at how strong a coin is today and what opportunities there will be in the future. This is probably what you did in the past, reading news here on the forum or on Google. The second type of analysis is technical. Here people look at the past trading data and try to find a trend that will continue in the future. Both types of analysis have its pro and cons, we can't say that technical is always better. I used it myself regularly in the past and a good way to start using it is by looking at moving averages. It's the average price over a fixed period of time. So you can look at the 90 day moving average and compare it to the 10 day or 30 day average. Like this you will see a rising (short term average higher than the long term one) trend, or the opposite a falling trend.

There's a lot of free tutorial and videos out there you can try this website, I see this link here in the forum and I really think it is helpful for all new traders to understand technical analysis https://github.com/SpiralDevelopment/Awesome-Crypto-Trading and you can visit youtube and search topics and focus on it to understand it more.

Another option is you can go to some online course and learn how to trade effectively.

+1 here, but overall, technical analysis is always important. You rather trade and lost with learning than losing your money in vain.
Technical analysis is one of the best methods to trade, about the market. You should also to consider some things, like candlesticks pattern, support and resistance, using multiple timeframes and some indicators (bonus).

First I hope you did not invest big money because it seems you are new to crypto. Second, since you want to know how to invest or trade or what I hope you already understand the risk of this thing. I agree that it is not only by reading nor searching, it is also about experience. For the words that I can't understand if I am reading it, I can understand what it is if I can experience or if I am already on that situation. This kind of thing is a continuous process so we must never get tired studying it

You know why 90%  of retailers loose against the market? Because they do what you did. Blindly investing into something they dont understand at all. Its like I would invest into a company producing horseshoes. I dont know shit about that business, so before investing in it, I should try to find out about the chances and risks of that business.

I would highly advise you to go and learn technical analysis, and also learn about what are the strenghts and weaknesses of BTCUSD (https://de.tradingview.com/symbols/BTCUSD/) vs other coins and how it fundamentals could pump or dump the price. Also you should get an tiwtter account and follow ElonMusk there, as his tweets can turn the markets upside down. And we are only scratching the surface here. But with this knowledge, you could profit quite some...

Dont take the first sentence personal, as I dont mean it personal. But its the sad truth. Ppl see a BTC chart and invest all their savings, blindly. Some of them win, most of them dont. Dont be "most of them". good luck on your journey!

TA is evolving and there is always something new to learn. All you sad is true and there is much more to that. It such a big space that being a good trader mean being on top of your game all the time.

Like in stocks, you do not just invest on something without having proper research or background check on the investment that you just purchased.

In stocks, there are factors that you have to consider before you invest into one. Both the external and internal factors have to be studied and researched well so you could relatively speculate and forecast its price on the market. On the question you provided, there seems to be a fatal mistake- which is investing into something without knowing the product. This could lead to poor performance which may dismay you from investing further.

Next time before you invest, do proper research. The internet contains vast materials that you could learn from.

Learning to trade is like searching for the other lesson without stop because the market is always changing day by day. Without learning more about trading, you will not have a chance to analyze the market movements better. Become a good trader will need consistent learning and that is the only chance to be a pro trader. At least, with learning, you can improve your skills to be better.

Technical analysis is more important when you want to trade. And if you are more interested in investing, you need to build yourself up as an investor. This will require research into what aspects of a project are available, and what the future prospects of that project are. Because if you are interested in investing in a project, it is also important to get the right idea about that project. And to gain trading knowledge you have to spend a lot of time studying things related to trading. Because it is not possible to learn trading in one day, there are many traders who cannot claim to be experts even after trading year after year. So no matter which way you want to go, you must spend time learning about the market.

The thing is there is not one way to understand the markets.

Technical analysis is a great skill to have but that does not come alone. You also need to keep up with the news for that particular pair, then the general crypto news to know what's happening and how you can use that to extrapolate it to your own trading numbers.

It is also a matter of following the markets too. This is why tracking most of these indices are hard, and not many people are good at but at least, hopefully it gives you a broader understanding of what to be aware of.

I would say that you are both right about not understanding the market and losing, but technical analysis is also not the only way to do that neither. If you understand and how the market works then you could make some sort of profit from it one way or another. I personally do not do TA too much, I do know it a bit but it is irrelevant because I am not using it for other reasons.

I personally make as much profit as I can from the sudden crashes and then sudden increases. Whenever a coin drops to a very low level, I end up buying it, and whenever it goes up then I get to sell it. Just like what happened recently, if I ended up buying when it crashed and sold when it is up now, that would be ideal for me. I am in long investment for now so I end up buying at all prices and not sell anything, but that situation was something I did many times before.

Looks like we need to define TA first, before continuing here :D To me, TA is looking for a Trend (HH/HL/HH/etc) and combining this with Supprot and resistance. If you say  "Whenever a coin drops to a very low level," I am sure you are trying to somehow identify that level, before BtcUsd (https://de.tradingview.com/symbols/BTCUSD/) or any other coin reaches that level, right? And that is basically TA, isnt it?!

Learning TA would definitely make things easier, but nobody has to learn it in order to profit, I mean it is not a "must". Obviously if you learn it, and trade based on what you learned then you are going to be a better trader and you will be able to trade a lot better as well. However, let’s assume that you do not want to learn it and you want to find another method to make money while trading. Then all you would have to do is to memorize prices and where they get stuck and where they skyrocket and all that, those are basically called resistance and support levels, and if you know what you are doing then you would be able to buy and sell accordingly.

This would take a lot longer time, because it doesn't move very volatile way every single day, it takes a while, it is more like once a month so you would have to study a lot longer and it keeps changing so you would have to learn that constantly as well. However, it is not impossible.

Correct. If you have this kind of knowledge, the chance of getting good outcome is very possible.

TA gives you an idea of when to anticipate the market. Positioning your entry and your exit points has a higher chance of being triggered.

But it's always up to you if what particular strategy to use, same with what you are saying, there are other methods aside from luck
based style, which mostly common with newcomers and lazy traders.

Not a must, but better to have a good preparation before dealing with this business.

lets discus few things about learn technical analysis first you study the pattern and charts of coins and market but one thing is that put some risk involved
and also use paper trading and note that whats going on in market few peoples join online courses and workshops but some peoples fails i sugest that make some own trading and study and then make some practice in these field.

You may make good money from crypto space after learning market analysis or may not but if you invest only with bitcoins for years then definitely you could make 100x growth more easily. Yeah, some experts are speculating in a way like one satoshi may worth 1 dollar or 5 to 10 dollars in the near future (probably in 10 to 15 years) hence instated of focusing on just keep investing may help you get massive profits without any big pressure and emotional failures.

Just think about this and decide yourself. Active trading is known for not suitable for all the people. But, holding may get you sure profits out of zero efforts and with less risks.

One of the most mainly needed for you to at least able to handle yourself on this very unpredictable market but doesnt mean that TA's would be precise in terms of results but somehow it is way too useful on making
out presumptions on where prices could possibly go and thats why TA is something you should really need to learn up so that you could handle yourself in this market but of course you would really be needing
additional learnings like on how to read up and react when it comes to events and news which would really be worth to look upon.

It depends on the goals you have for yourself in this market, if you are interested only in holding your coins then you will only need to read about the strong fundamentals of bitcoin so you do not get scared when FUD strikes and that could be more than enough for you to be fine, however if you want to actively trade the markets then there is no option for you but to learn all you can about them, if you decide to not do so and trade anyway then you are going to lose your money against traders that took the time to do what you refused to do.

This is one of the difficulties that I am learning so far, technical analysis.  ???
I don't know why but sometimes, I feel that my technical analysis is not really good. I still face some difficulties in analyzing the charts. Moreover, the possibilities that will happen in some hours or day.
Learning by doing is not as simple as what I think so far  ;D

It was difficult for you because you already think it was hard, tried to spend more time in the market and see the difference. Ohh, maybe because trading wasn't for you then and a lot of people have that kind of experience. But on the other hand, TA's doesn't mean it warrants anything for good results as mostly it won't because of the market volatility. We can't simply hide this thing as and very understandable why we mostly fail in trading than success.

You should understand first know how the crypto market moves its price and later on do fundamental analysis and then next is technical analysis.
Both fundamental and technical analysis is very useful for guessing the price in the market, but if you understand it correctly and want to hold for a long time to gain profit, that is a very safe investment in crypto.

Next is the possible outcome, you should be ready for this whatever happens to the market.  If the price will goes down, don't panic, just wait until the price will come back and aim for a target profit.

There are a lot of factors that we can consider how to learn and understand the market, having your own research has more advantages than relying upon others opinions.

Whenever you invest or trade in a project, you need to analyze that project. If you can't analyze that project then that project is investing or trading Can not benefit. So you have to learn technical analysis first. If you can do the analysis then of course you can make a profit by trading or investing.

Yes brother technical analysis and fundamental analysis are two most important things for trading. And every trader needs to learn these things it will helps in trading. By technical analysis we can judge the market behavior that what is the next move of market. And youtube is the best platform to learn about the technical analysis and its totally free of cost. So, learn more and earn more.

You may find many videos on technical analysis on YouTube but not all of them may be helpful. It will be better if you learn from someone who is near you like your friend or family. Technical analysis is not easy and there may be many back or forth questions. Therefore it's recommended to learn technical analysis from a teacher who can give proper guidance.

Another best way is to do some practice as soon as you learn the technicals. You need to feel euphoria while trading because it is very necessary for your experience. Use as little capital as possible to learn.
Technical analysis is constantly evolving and you have to learn it every day. Many indicators that you can use to support a good analysis. Although technical analysis is not 100% accurate, the most important thing is that you can do price analysis and have a foresight.

Understanding the coins matters a lot and the coins behavior too, that at which coin we should take entry at which point and leave that place. It all depends upon the trader that how he treats the market and wants to make some profit, another way is that the trader should learn from different websites and have some knowledge.

Do not worry this is something that happens to everyone, my advice is that you try a way to analyze the markets that is not subjective at all, this way not only you will be able to analyze what it is happening in the market right now, you will also be able to see what kind of analysis your system could have produced in the past and see if it turns out to be profitable, and if that is the case then you will be able to trade with more confidence knowing that even if you can lose a few trades you can still make money with your way of understanding the markets.

Many methods are used in technical analysis but they are usually a specific type of trade statistics volume etc candlestick analysis chart patterns resistance and support level technical indicators experienced traders usually combine several different strategies in their method and wait for their mutual confirmation. A sure signal can be considered more reliable for decision making it is important to understand that you cannot know for sure what the price will be in the future.

Deriving your entry, target/stoploss levels with the help of more than one method of strategies will definitely more effective than what usually traders do with only one strategy. The thing here is, you must need to be wise enough to pick "related" strategies to combine. You cannot have extremely different strategies at a time to generate your signals but strategies can do confluence by nature, will do the job up to our expectations.

No, there is no other way available to do so. Some people may suggest to buy signals from any such service providers. But, such paid signals are known of less accurate; hence overall, you may or may not make money by relying on such services.

Reading the post and searching using Google can be a way to get more knowledge related to trading or crypto, but you need to practice what you read. You don't have to use big money to practice, and perhaps, you only need $10-$20 to get the experience of trading. Once you can understand the rhythm of the market, you can add more money to trade but still, don't use too big because you are still learning in trading.

Learning about technical analysis would be an advantage but when you're just investing, it's just important that you'll know how to deal with the market changes and by setting a target goal. Knowing when to sell and when to buy is already enough. However, you could also learn the basics of technical analysis for future purposes especially if you're planning to do trading.

There is also bollinger band and moving average, and then MACD and we have RSI for the last. If you use basically everything that you listed and everything that I listed, then you are not going to be trading constantly. Not that many thing gets at the level that ALL of this suddenly hits and looks perfect, but when it does there is a 90%+ chance that you would basically be making a superb amount of profit.

There are of course many times when these indicators are all wrong, not like you are going to be profiting each time but when you are looking at all these indicators that means that you are only looking at things that which are nearly guaranteed to make a profit.

Be careful when you are trading and use these indicators with small amount at first, see how you hit, because numbers do change from person to person and when you hit the right correct level and you keep making a profit each time, then you could be using that with bigger and bigger amount and make bigger profit in the future.

^ In most cases as of now fundamental has most likely had a good result in the market when there is a FUD around, BTC price will most likely react the price and it could possibly move the price expectedly. When it comes to technical analysis, I don't know how accurate is this, because as they say, the BTC price will repeat itself but I don't find on the chart that the price has the same movement compared to this current situation. However, in my case, we should also need to learn both analyses, the fundamental and technical analysis so that we can compare both results and pick which one is the most accurate analysis that we can use in predicting price.

Learning both fundamental and technical analysis will let the trader understand what is going on in the markets, the sentimental analysis also lets the trader find the trading patterns by checking the general market sentiment. Without fundamentals it is hard to know the direction of the market trend, technical analysis doesn't give the expected result due to the unpredictable nature of crypto markets. Sentimental analysis is kinda not good for the day trading but you will understand the huge price movements in the market after reading that data on various trading platforms.

If we've been spending more time in the market and take a picture of what happens in the previous days vs the current situation I think it was not far to make some good analysis. But we should also be aware that comes to its limitation and we must be know also that TA won't give us assurance and that is why we don't expect much on it.  Technical, fundamental analysis, even having good strategies won't save us from losing as it was because of the volatility of the market making it hard to know what will happen next.

If you wanted to understand the market, do an actual trading and don't just rely on theoritical aspects. Some of teachings will always thought us profit gaining and not realistic trading. The real world never promised 100% returns, but that depends on your analysis and knowledge on how to handle circumstances that might be encountered in trading cryptocurrency. Engaging also with different groups that give you advice should be determined through several experiences from other traders.

Your absence shines here, with any situation that bothers us for whatever reason, for example inexperience or ignorance as you exposed yourself in your OP, commitment can be a good adjective in this situation, but it is scarce and that happens with your growth in the learning.

There is no magic, only commitment, you have to get into the subject, as you would with any other situation, that makes you reach unsuspected knowledge, the search engine helps everyone on any subject to get information but after that it needs to be processed and then be committed to what you learn.

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Edit: a post/topic later.

This is a good example of the point ... don't ask those questions ... the information is there at the click of button ...

There is a colloquial saying that asks: what color is that white horse?

Learning how to trade before investing your money is very important as that will help you to make not just informed trading decision but decision that at the end of the day you will smile when login to your exchange account. Technical analysis will not only be enough but you will have learn the fundamental forces that do influence the market movement over time.

I would suggest you to learn price action based Technical analysis which is more powerful but at the same time need more analytical thinking.
Unfortunately the market is so widely abused by the market makers that they will show you a trend and play totally opposite to that trend.

How often do we see  W pattern breaking downwards and an M pattern breaking upwards. Due to this manipulation, price action is the best tool to learn in this market.

Technical analysis is not 100% effective but at the same time the only other option as you state is to trade blind, at least with technical analysis even when you lose you can learn from the market and make some breakthrough that allows you to reduce the number of times you lose or at least reduce the amount of money you lose on each trade.

But if you are trading without those tools then you learn nothing out of the market which means there is no possible improvement to be made, and this means that you will keep repeating the same mistakes over and over again.

Of course, you need to be able to justify your trades. If you don't know why you want to buy or sell, it's not a good idea to trade.
Take a simple example, you go shopping, you buy what you like and when you like it because you know what you want and how to get it... absolutely the same with trading... you need to know.

Technical analysis, Fundamental analysis, Risk management, price action are essential for the trader. If anyone wants to do good in trade, He must be know all of those. It's not so easy to do learn all of them. For this need, a lot of patients, need to do hard work and a good journal. technical Analysis does not provide 100% safety for a trade, but it helps to do take the next trade. You can able to learn from mistakes with the help of technical analysis.

However, To learn Techincal Analysis I suggest of to OP follow this link: https://www.youtube.com/watch?v=f_Fju2Hb7zs&list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm&index=17
Most of the time I suggest people this link because I also learned to form this and still learning.

Technical Analysis is not always 100% effective but still you can earn. 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, maybe it's business, stocks or else cryptocurrency. I am pretty sure there's a lot of successful investors here that doesn't even do technical analysis, they are just really good in picking things to invest. But, TA is still good for it can identify trading opportunities in price trends and patterns seen on charts and can surely give you profit.

Yes, investors show their prowess in strategic vision and long-term product perspective, sometimes they don't need to draw charts or add technical analysis tools, their job is just to read reports, read information and look at the number of customers on the project as well as the value over time, a good mine will have their presence. Plus, like many traders here, they're not really market participants by technical analysis, their starting point is just regular chart observations, they rarely touch the professional technical system, they know this factor accounts for a very low percentage of winning

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.

No one could get into professional way of technical analysis from the beginning itself; they usually need to start with simple way of analysis which includes watching price movements and how others signal works. Still, if they do not get into actual way of technical analysis over the time then their winning rate may not have any improvement.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.