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Author Topic: Do you think that Beginners need Technical analysis?  (Read 3323 times)
Freezingel
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May 26, 2018, 09:57:23 AM
 #121

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.

Of course they do, it's not matter if you are still new or already here for quite some time, if you want your life to be easier then technical analysis is a must even if it's basic so you can roughly know how the price will move and also you won't get caught in fomo which a lot of people do.

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May 27, 2018, 09:34:06 AM
 #122

Of course, your analysis of your investment projects is a responsible performance of your investment funds. The more you understand the project, the safer your funds will be!

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May 27, 2018, 09:43:31 AM
 #123

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.


Anyone who are in Crypto investments specially trading will need to have this Technical Analytical skills. Not only recommended for the new comers but all of us here in this investments. This is necessary to ensure that we may minimize losses and maximize the earnings because relying to luck alone will not guarantee your goal of earnings.

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May 27, 2018, 09:46:55 AM
 #124

Why not ?. Beginners, Intermediates, Master, No matter what the level is, everyone need to technically analyse the market before doing any thing to achieve good results.
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May 28, 2018, 05:47:37 AM
 #125

Peer-to-peer, research and reading are noted.
Updated current event is very important if we are involve in cryptocurrency. Other members used different medium to be successful in trading. Most of the members said that Technical Analysis is also important for beginners. That it can be a guide.. Beginners also need experience and needs guidance from experienced people in trading..
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May 28, 2018, 06:13:38 AM
 #126

Yes I believe it also. Its to avoid big loss in the part of an investor also so its important to learn the few knowledge regarding the market’s fluntuation and movements.Since trading needs a lot of analysis on this cryptocurrencies liquidity on when is the perfect time to buy and sell.

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May 28, 2018, 06:54:04 AM
 #127

You're absolutely right. Beginners really need technical support in the knowledge of cryptocurrency to be able to determine the directions of price, and to know when to buy or sell.

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kayvie
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May 28, 2018, 06:58:03 AM
 #128

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.

technical analysis and any other analyzation must be done by individual or your own self. it can achieved by having enough experienced into crypto, or doing your own research to achieve the knowledge you need to become familiar with it. beginners will not understand even if the experts will give any advice about the flow of the market, market is unpredictable, every move is base on predictions.
judyrob
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May 28, 2018, 07:27:17 AM
 #129

Naturally it is very important, and in fact, it is the foundation that must be learned and understood. many people fail in crypto and lost their capital because they do not understand and analyze events that never existed. the result is not going to survive in the middle of the crypto is full of risks.
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May 28, 2018, 06:26:46 PM
 #130

Beginner need thecnical analysis. newcomers or beginners have to learn first. They need it to know how the price of each cryptocurrency develops. I think the beginners need to find more information about how crypto works, they need the patience to see the info and news about each coin to be issued. because participating in the world of cryptocurrency is heavy.
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May 28, 2018, 10:34:17 PM
 #131

I think that if you are a beginner, then do not rush to invest at first, but you will understand well how everything is arranged in the crypto world. This may take a couple of months, maybe a couple of years. But the more you learn the more you understand.

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May 28, 2018, 10:43:36 PM
 #132

Yes. Technical analysis is important to be studied by beginners. It will help them to minimize their loses and to be successful in trading of cryptocurrencies.  Beginners should stop guessing what and when to buy or sell, instead analyze the market.

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May 28, 2018, 10:55:25 PM
 #133

I think technical analysis is for the traders who trade cryptos n daily basis, for an investors, he doesn't need a technical analysis because he doesn't need that, an investor will invest in a coin and leave it for a long time for the investment to mature. So in my own opinion, technical analysis is for crypto traders

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May 28, 2018, 10:58:35 PM
 #134

any knowledge that will lead to the success person definitely that will be useful either now or on the future i think that technical analysis pretty important
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May 29, 2018, 06:53:38 AM
 #135

I think beginners do not need technical analysis. First, technical analysis is a difficult job. You may not have this time. second. Cryptocurrency is a trending industry. The future is very good. You just need to judge the trend.
Third, even if you mastered the technical analysis, he is still at risk. For example, ICO. Because you can't supervise the project team, the risk remains high. The best way is to follow the trend.
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May 29, 2018, 07:01:51 AM
 #136

as a beginner I suggest you to join a trading community as your consideration in trading. do not make your own decisions if you are not sure

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May 29, 2018, 07:17:19 AM
 #137

Yes, technical analysis is needed, but it is dangerous to use it in the crypto currency market because the market is highly volatile and relies more on fundamental analysis but sometimes, technical analysis work also on crypto market as well if you know what you are doing
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May 29, 2018, 07:21:54 AM
 #138

Of course it is important for newbie to understand technical analysis, in fact it is very important as it can serve as a guide for them to see price movement so they won't lose a lot of money, they will also know the best time to buy and sell their token/coin thus not getting dragged along by fomo.

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May 29, 2018, 07:22:30 AM
 #139

I think beginners shouldn't ever use technical analysis. First technical analysis don't even work for bitcoin. Terrible at guessing of altcoins too. Its better to learn rsi and macd and just use them for long term, not anything more. You can also study candle sticks patterns as well too
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May 29, 2018, 07:22:46 AM
 #140

Technical analysis is not necessary for beginners, the data, the patterns etc would get just too confusing. A detailed and interactive market research and educating in everything crypto would be much more helpful.
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