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Author Topic: Do you think that Beginners need Technical analysis?  (Read 3322 times)
KOF97
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May 24, 2018, 10:59:17 AM
 #101

Of course, technical analysis is required. Every analysis is responsible for your own investment! We cannot blindly invest in cryptocurrencies! Otherwise it is easy to lose money!

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Master Carnegie
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May 24, 2018, 09:08:59 PM
 #102

No doubt. Joining this magical world is not easy, but with much effort, reading and coursework one can understand at least what it takes to get started.
It would be necessary to understand the processes involved to invest, how to buy, what to buy and how to make them safely, it is difficult to find by guides that facilitate the life of the novice investor, some are very complex while others, without the lack of reliable information.
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May 24, 2018, 10:04:03 PM
 #103

If there will be someone who could offer this technical analysis for the begginers , then that would be better , because as I have experienced you got a lot to learn in this technology , not just merely posting but their are many technical things you must know as part of this digital cryptocurrency world we are in.
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May 24, 2018, 10:16:25 PM
 #104

As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of  the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements.  It uses patterns in market data to identify trends and make predictions which will tell when to invest.

It's needed by every trader on the cryptocurrency. It can't become a complete combo if you are using using FA at the same time. To increase the accuracy of your TA and you should need to do FA.
The beginners should need to learn about that because basically they are not familiar with it.
As much as I agree that beginners need TA, I think  as a beginner more emphasis should be placed on FA for the beginning. This not only broadens their knowledge, they come to understand why some things happened or will most likely happen. The volatility in Crypto renders some of the best TA useless but a bit hard to see FA not holding true most times. This is just my opinion from what I've been experiencing since I ventured into this jungle where only the hardcore survives the heat.
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May 24, 2018, 10:17:09 PM
 #105

Yes, every trader needs at least a fundamental understanding of technical analyses. In an irrational market like Bitcoin it's not a HUGE deal, but take for example the coming week. Over the 1w chart, the 3d chart, and the 1d chart it looks like Bitcoin is in for a HUGE rally. It lines up exactly with the other buy signals of every chart, and these are long term charts which are accurate not some wishy washy short term charts. It's good to know what direction to head in.
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May 25, 2018, 09:11:23 AM
 #106

As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of  the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements.  It uses patterns in market data to identify trends and make predictions which will tell when to invest.


I do not think that the newbie will understand anything from these technical analyses. It would be much better if somebody, who have great experience in trading and know the market well, will help a beginner.
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May 25, 2018, 09:37:19 AM
 #107

Beginners and technical analysis are two incompatible things, a beginner needs strong nerves while they study the movement of the market and gain experience.

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May 25, 2018, 09:42:54 AM
 #108

As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of  the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements.  It uses patterns in market data to identify trends and make predictions which will tell when to invest.


I honestly don't know what is technical analysis, I simply choose a project based on the proper research of all the factors I consider important and then I wait for the project to launch its product.

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May 25, 2018, 09:55:39 AM
 #109

Someone he needed, someone without it lives quietly, well and in General I for example think that technical analysis is necessary for all, not just new.
Yes, I fully agree with you.I think that technical analysis is really necessary for everyone.Although for many it is very hard.But if you decide to trade then you need to trade wisely.So you will have to study technical analysis.How would you not want to


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chenjkai
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May 25, 2018, 10:28:53 AM
 #110

For me personally, technical analysis is too complicated. In YouTube there are many analytical channels, try to watch more and you will understand the basics principles.
zafmine
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May 25, 2018, 01:16:30 PM
 #111

I think everyone both needs technical analysis, even a newbie. Technical analysis helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioral economics. Most investors use both technical and fundamental analysis to make decisions. If a newbie could use technical analysis well, he could become an eagle of the market.
Jordanuttos
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May 25, 2018, 03:19:41 PM
 #112

While the crypto market is still quite a young direction. It is necessary to study fundamental and technical analysis, but it can not be limited, because there are many factors and news that affect the market trends.

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May 25, 2018, 03:34:36 PM
 #113

Technical analysis - mandatory knowledge to start a successful trade in any industry, including the crypto market. Therefore, for successful work in this area, you must carefully study it from scratch.
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May 25, 2018, 04:48:37 PM
 #114

those technical analysis doesn't work with cryptocurrencie i think. i look them just for entertainment and i advice to you do the same.
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May 25, 2018, 07:14:53 PM
 #115

Yes, it is necessary to learn technical analysis for beginners. But this also requires experience, the assistance of a good crypto specialist, who will help in the first time.
Galley
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May 25, 2018, 07:41:26 PM
 #116

Beginners must first become familiar with the new world for them. Learn elementary things, no matter what foolish mistakes are made. It is necessary to watch and listen to more experienced comrades. Over time, they later decide they need to know more about technical analysis or not.
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May 25, 2018, 07:45:58 PM
 #117

If a beginner will be a good trader,then learning to read chart and understanding technical indicators is mandatory before he even goes into fundamental analysis.
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May 26, 2018, 09:38:55 AM
 #118

In general, for successful investment, it is necessary to understand upward and downward trends. Because it depends on it whether you are in profit or not.
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May 26, 2018, 09:50:04 AM
 #119

Technical analysis in cryptographic currency almost does not work, all these triangles are nothing more than a placebo pill. The prices for coins are put by the basic players of the market.
Thirio
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May 26, 2018, 09:51:25 AM
 #120

As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of  the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements.  It uses patterns in market data to identify trends and make predictions which will tell when to invest.

It really is needed. Everybody need this I mean, it can be used in our everyday lives. You can improve yours by researching. Depends on you on how well do you learn with different medium. May it be watching, reading, or by peer-to-peer. If you have someone who can teach you, it would be great. But if your resources are limited, i think watching and reading would be enough.

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