Trading by technical analysis or just intuition?

[koloNikolo]

I'm trying to trade with technical analyze but sometimes it not worth that because this market is very valuable from the BTC. And if you get the tokens of project that is pumped in moment when BTC dumped then you can say that you're lucky to earn money in such way. For me it's around 70 percent of successful analyzing of the market I can get profit.

 

[gabbie2010]

Basically I use technical analysis to determine the trend or direction while trading with my strategy, however the movers of Cryptos market is news I.e fundamentals, e.g when Mt.Gox  (whale) dumps btc few months ago it resulted to crash in the price of btc, you just have to be equipped with both TA and fundamentals to be able to have an edge in trading. Trading with intuition will result to losses.

[kindbtc]

Trading with the help of TA is very easy just open the daily charts and if the price a good coin is at the bottom then its entry time and if it is at a peak you can sell for profit.

[BaeNaNa]

Of course technical analysis, trading with just intuition is no different than gambling especially when the market condition is not good as you can stuck at a very high price for a long time. With technical analysis, you can spot resistance and support line and can make your trading decision based on that, you know that the price will dip lower so you set your order lower and by doing that you can earn more profit.

[KEPLER99]

Focusing on market dynamics is important for short-term traders, like the previous two days of token theft.A response must be made right away.

If you have decided to jump into the world of trading, then you need to be very well prepared and that you need to gather as much information and knowledge as you can so that you may be able to carry put better technical analysis. Trusting your intuitions and deciding the things based in your intuition without doing any kind of technical analysis is not a good idea and that it will not be beneficial for you.

[billtonz123]

Trading not like a gambling with follow your heart, if you do that you will always loss your money. So my suggest is trading with technical analysis. Believe your strategy and dont greed. You will be a success full in trading

[xjcjf]

Of course, technical analysis, and the risk of relying on intuition to conduct transactions are undoubtedly very large. Even if your intuition will bring you a lot of revenue, I think that technical analysis is a guarantee.

[bagikoin]

If only relying on intuition then what is the difference with crypto trading gambling? do an analysis of the crypto when investing. Although the analysis is not entirely right but at least a chance to get lucky.

[Gontxi]

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 the technical analysis of the analysis is quite difficult to learn, and most people who trade simply follow the experience of the research that has been done.
I personally just follow the developments and try to find new information that can be data on referrals speculation that I will do.

[koralan]

In my opinion, technical analysis and intuition are also very important. But they all follow a technical analysis rule first and then choose which one is more important than it depends on the long-term strategy or short-term trading of the investor. For me, monitoring and market research will be important choices for my investment.

[Lilchain]

Generally speaking, I will use the K chart to determine the direction of the market. Most of the time, the K chart is accurate, so it can be used for reference. I am a day trader.

[paxmao]

I excercise maximun caution on a bear market. I normally set stop-loss on -25% on most of my large holdings, because if it falls 25% I would rather go back and buy later, for peace of mind.

[Dmitry_K]

Intuition is too weak a tool to work in trading.
Intuition is not a reliable tool, you need something more reliable for making decisions when you should buy and when to sell your coins.
My opinion is that technical analysis is better.

[main320]

You shouldn't exchange digital currencies in light of specialized examination or instinct however in light of this present reality utilize an instance of the coin and the market they are focusing on, the engineer's group and the number of group individuals. In the event that a coin has solid essentials than it will go up regardless. You should construct your decision with respect to data. Btw all specialized investigation in view of the data.

[TYPEcoin]

To achieve something you should take some action first. Only then you’ll see the range of possibilities. Abilities and intelligence are the integral parts of prosperity.

[s.Zavgorod]

There are many different personalities here. Someone earns on intuition, some technical analysis and some do not have enough time for both, because neither on the wallets are all visible and invisible tokens. Which they hold in the hope of a jump.

[Lehbane]

People follow their instinct but while following them they observe things as they go on, then they will have their own analysis, but is also mix wit good luck and chances, since they mostly spend their time on monitoring the price changes every minute they have opportunity to strike. Like they are lion watching for a single prey to pass by.

[iconoclast]

If you are not using technical analysis to inform your trading decisions then you should not even bother trying to trade for profit. Though learning how to do it may seem like a lot of work it is much less work than you will have to do to earn back the money you are going to lose by trading blind.

[kwarto]

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?

im always following what i think is right to do. even in bearish market i do some trading... it does not mean that the down trend means losing capital it may somehow connotes new oppurtunity and new beginning to trend. if the coin is in the lowest value it means bigger coin to generate in your trading.. could you imagine having many coin in your wallet because you buy it in redblood bath and suddenly it rebounce... it means great and huge profit..

[niteroy]

In crypto markets, fundamental analysis is more important. Any news, events, forks are very important for prices. But for good tradung you need technical analysis + fundamental analysis. Technical analysys for points - buy and sell, fundamental for understanding that you need to buy or sell.

It is true that it is the fundamental analysis that is more important for the cryptocurrency market than the technical one. This fact is repeatedly confirmed by sharp jumps in the prices of cryptocurrencies, which reacted to positive or negative news from the world of the cryptocurrency industry. But it is worth taking into account the fact that technical analysis is still important, but on condition that it will be taken into account with all other instruments, like: cryptocurrency analysis of the prospects of a single coin and general analytics of the entire cryptocurrency market that changes every day. As professional traders say: "to be a successful trader you need to live it"