Trading by technical analysis or just intuition?

[carrymentality]

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?

I would say technical analysis any day. I am saying that because, in this market, there are lots of alleys to fail in your ventures, especially in the trading market. Many people have already said and reiterated how the trading market can be so dangerous and notorious in making deals go south, even for those who have actually invested enough time to study their ventures. So, winging it in this market would most likely amount to a loss than to success. It pays to do your homework mate.

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[emoji00]

Both of those things go hand in hand. The theory of technical analysis is likely to make you avoid the worst mistakes, but the opportunities are intuitive really.

[Yur]

You shouldn't trade cryptocurrencies based on technical analysis or intuition but based on the real world use case of the coin and the market they are targeting, the developers team and the amount of community members. If a coin has strong fundamentals than it is going to go up no matter what. You must based your choice on information. Btw all technical analysis  based on iformation.

[Magister Magus]

The crypto market is much more messy than forex, so standard analysis techniques do not always work. But it is always better to rely on the technique than intuition, because otherwise the investment becomes pure chance.

[nuggetbram]

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.

[electronus]

I do this thanks to my experience and study of the necessary literature.Advise all who wants to succeed start reading interesting and useful books

[Docafid888]

I choose both of them, and try to manage my emotion before taking any decision. I still believe in holding it, a big thing takes time to grow. But beware, there is still another analysis, fundamental. Research before taking any decision is the key, and be ready for the consequences.

[doedz]

I do not understand technical analysis like Bollinger Bands, I just use my feeling and also meticulous in price.
Buy wall and Sell wall are also influential. But sometimes I use telegram trading channel to play short term.

[rellor]

Understanding the price swings in the exchange markets is based on the processing of a very large amount of information. Intuition can come in handy only at times of danger, when there is no time for in-depth analysis.

[baby222]

I think it is important to do some research when you want to trade because intuition is not enough sometimes

[Old God]

i collected some advices u can read on the link below, anyway i know it is a hard job, u have to be prepared, and more experienced for that

read n comment if u like
https://bitcointalk.org/index.php?topic=3217824.msg33457528#msg33457528

[goodasj9z98128]

All your wishes, which we collected from you during the whole time, were carefully analyzed and taken into account.
But we’re still looking for new ideas

[greenclub09]

cryptocurrency market is still a young market so it if much more fluctuative and unpredictable all the time, so using the techniques from other financial trading exchanges will not always accurate, and most of coins on the market depends on bitcoin and most of bitcoin belongs to a group of people have huge amount of bitcoin, so they can control the market to bring more profit to them, we should not put too much hope on market analysis.

[Emilyp]

In the bear seasons, markets don't respond to technical analysis or chart reading. Most times even after applying all techniques, and every signal shows an upward movement the next minute might turn out to be a very high dip again. Trading in bear season is intuition based.

[xanaxxx]

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?

seems it's turning to bullish market again I usually just invest in long term so I don't have to be too anxious looking at charts and biting my nails on price dips. It's more relaxing this way

[ak49er]

Intuition is a nowhere road and just easy deposit loss. You should use fundamental analisys and try to catch a right moment using technical analysis

Intuition can work when your trading experience is at least 4-5 years, until this moment it's not intuition, but just a lottery

[hanapre]

You choose technical analysis because of the increasingly popular and in the future the influence of technical analysis. This means more people will start buying or selling assets according to the technical data being researched so as to drive prices up or down. Learn TA, at least basic TA so you know what support rejection and more. Do you go long-term with projects that have a strong foundation or you rely on TA to trade in the market.

[Xxmodded]

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?

I think both are very important and become part of the trade. if one has technical analysis of course this becomes so easy in every trade although the fact is not as easy as analysis. and there are many traders who have no knowledge of technical analysis and of course its trade is done with self-taught knowledge and rely on experience.

[cryptonx]

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?

i believe in technical analysis,
so, i use it for any markets situations,
because, i can predict the bottom with technical analysis in the higher timeframe

[ololajulo]

Intuition is a nowhere road and just easy deposit loss. You should use fundamental analisys and try to catch a right moment using technical analysis

Intuition can work when your trading experience is at least 4-5 years, until this moment it's not intuition, but just a lottery

u nailed it. 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