Trading by technical analysis or just intuition?

[aceat64]

I analyze certain coins and not the market as a whole, because I hold in the long run only two coins that are relatively stable, but now I can not be sure of anything

[Piskeante]

technical analysis shows that cryptocurrency is going to crash. most show that it's more possible to see BTC at 2800$ than at 10k$. So if you only take into account technical analysis, what you should do is just sell and get as much money back as possible (since the cryptoworld is going to disappear in one week, with the G.20 meeting talking about bans, hard regulations and investigations for thousands of investors.

Intuition says that if you see blood, and bad news everywhere, and moreover you cannot see or expose a good argument for thinking on trusting cryptocurrency, is better to stay away.

If you consider both, and you still have coins, .....well....you are either ignorant or something worse.

[qqwx]

In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?

If anyone follow only their heart, they can not be success. Because crypto market do not go with our mind. Its follow their own rules.
Market capacity, demand supply and mining. Maximum people invest/trading without analysis, they just follow someone predictions or follow her heart.

[reypinioco]

In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?

That is pure stupidity when you use your intuition in your trades because the market is too volatile and you could lose everything you have,i suggest use technical and fundamental analysis because these two will give you an idea how will the coin behaves or its possible movements that is why technical experts has high accuracy than the common trader.

[Shenzou]

In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?

For me i tend to make my decisions based on the news that i see, some events will affect the market and based on them the price will change, most of the trade that i do are with bitcoin ethereum and a bit of ripple, and their prices are fairly stable and they can be somewhat predictable, which means that if their prices go down it must be related to something, which makes trading them easier if you are always up to date with what is going on in the concurrency market.

[cryptomema]

In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?

Of course i am using technical analysis all the time and even if the market is bullish i am doing technical analysis plus some fundamentals so that i will be sure that my trades wont be that hard for me,because i know and i predicted the possible movements of the market,especially the bitcoin's market which dictates all of the altcoins movements.

[nakamote]

Of course both technical and fundamental analysis should be used,not only in bear market but you need it all the time because it will give you some hint on whem to get in and out from your trades,accuracy is the most important thing in trading,timing is the most important thing that you should learn from these analysis so that you wontt get any problem in the long run.

[coremind]

Truthfully booth come into play, your base should always be technical analysis, fundamentals and current news. When you have go through all of that, then your intuition comes into play, if it feels off then you dig deeper into other available resources.  

[cryptopuma]

That is stupidity if you ask me? why would you use your guts and luck into your trades? trading isnt that easy it has a lot of factors to be considered like technicals,fundamentals and other important things such as major trends,support and resistance levels that is why you need to have technica l analysis in every trades so you can win your trades accurately.

[matsusomoto]

Yes it is ,because if you wont use technical analysis and fundamentals how would you know when to get in and out in every trades you are in?it is very needed especially because the charts are moving accurately and following indicator's patterns ,it means you could easily get profits from those patterns using the technical and fundamental analysis.

[icalical]

If you trade only based on your intuition, you will soon end up sleeping on the street,
Moreover trading need more than just a technical analysis you need fundamental analysis too, maintain your emotions. If you do trading like you play in casino all you do is burn your money

[svobodnyi]

Well, if you intuitively understand the market. But you also need knowledge and technical analysis to get the most profit!
I believe that it is impossible to understand the market without the basic knowledge of technical analysis)

[cryptomorphines]

Only noobs will do that,trading isnt buying from the bottom and selling it to the peaks,there are few factors to br considered one technical analysis and second fundamental analysis or the news,if you do that you are literally burning your investment down and you wont win your trades accurately because you are only guessing.

[CrazyJoker]

Good intuition is a perfect addition for any matter including any kind of investments or readings, but it is not a key factor of all that objected with financial decisions. I advise to read more about different kinds of analysis.

[cryptomngr]

It can be called as stupidity and carelessness if you did use only your intuition when it comes to your trades,because the market has high volatility it needs a lot of factors to be considered both technicals and fundamental analysis is very needed in every trades because it could give you high accuracy of trades and you will be making a lot of money when you know what you are doing.

[cryptospear]

It can be called as stupidity and carelessness if you did use only your intuition when it comes to your trades,because the market has high volatility it needs a lot of factors to be considered both technicals and fundamental analysis is very needed in every trades because it could give you high accuracy of trades and you will be making a lot of money when you know what you are doing.

This is true,we need to use technical and fundamental analysis so that our trades would be much easier,those people who are getting rekt are careless people or the ones who are trading without basis,trading with luck is a suicide and you can lose everything you have ,so if i were you i wont do that if you dont want to get rekt.

[muhdatha]

In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?

all the same. Because you can use a margin trading  (with or without  leverage) even on bearish market and do "short".
Future meme - "just SHOTR"   

[awawo]

Trading by technical analysis is the the most accurate and on time trading method because with technical analysis you make accurate and calculative moves in your trading but when you rely on intuition you stand to make mistake repeatedly because when you think that the market is right for trading you may be right or even wrong.

[Zocadas]

Wether you are trading by technical analysis or just intuition should make no difference on day trading. You also could roll dices for your predictions with same results. There was an interesting study by caas of business school, university London, that  compared simulated trading skills of monkeys against investors. Guess, who won that competition.

https://www.cass.city.ac.uk/news/2013/april/monkeys-beat-market-cap-indices
Especially on cryptocurrency markets you will have different results on mid- and longtermtrading. But also here technical analysis wouldn't help without deep researches on the traded currencies. Your intuition will give you the power to filter out  needed informations.

[sycaburatan]

That is very stupid if you did use your intuition or even your luck with your trades,trading has a lot of factors to consider both technicals and fundamentals are needed so that your trade accuracy will be higher,winning trades will always come to you when you are using technical analysis because of the market's volatility it is indeed needed.