Do you think that Beginners need Technical analysis?

[the13thsymphony]

Its true that all beginners need to learn technical analysis to better understand how the prices of each cryptocurrency goes up or plummet down. This is to avoid them from getting into the hype of an altcoin then panic sell when the price goes down. It is also important to if you will be expanding your ways to earn in this industry.

[sergienkoe]

Knowledge of technical analysis is needed for each market participant.
At least for general self-development.
Does the technical analysis work on the crypto currency market today? Can it be used for serious predictions?
I think 50/50.

[Bittalk12]

of course beginners need technical analysis and learning what is cryptocurrency before start to become investor, but most of them don't have time or don't want to learn, their eyes only have 'money', so direct buy some coin and hope use that profit earning buying lambo   , finally actually a lot of new small investor don't know cryptocurrency is a high risk investment

I agreed. Most beginners only focusing on how much will they earn if an altcoin reach their desired price but dont even bother what could be the risk when a correction hits the market. In the end, most of them experienced despair and panic selling. Technical analysis is one of the most critical point to earn and maximize your profit. Your ticket when to enter and sell for a profit.

[Olalomi]

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.

One the basic thing to learn as a newbie in trading is Technical analysis its obvious that trading is not just buying and selling by mere looking at a chart, there are many factors to be put together to achieve or accomplish the goal of making profit, also fundamental analysis which is the mover of prices of cryptocurrencies especially bitcoin has to be put into consideration in order to predict price movement.

[neinnein125]

I think beginners shouldn't ever use technical analysises. First technical analysises 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. Candlesticks too maybe. (which isnt tech analysis)

[Natium]

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.

[shfdj]

Of course, technical analysis is very important and can help us make the right investment choices and avoid risks. These can't be done by intuition alone. In addition, we also need to pay attention to every message related to the encryption market, because they may have a huge impact on the market.

[vladuch1]

Beginners need experienced tutor to help with ideas and improve your skills in crypto trading. Also need patience to research huge info and news about every coin which are you going to trade.

You gave very good advice that would really help the beginner to become a successful trader. Each beginner needs a tutor to become a good trader, and patience is a trait of the character of successful traders.

[Matthewmorris4]

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.

as a beginner, it would be better to learn everything, not only technical analysis, but also fundamental analysis, because usually the beginner's nature is curiosity, it is better to learn slowly from understanding all that is learned not simultaneously at a time, it can make you misunderstand

[oemar bakrie]

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 all needs to learn from the beginning, it must have a foundation before we walk completely in cryptocurency
because even the smallest thing will have a positive impact for us in the development of cryptocurency..

[MicaleFalcon]

it is really a very important thing because the more you do analysis the more your knowledge will increase and it will help you here greatly.

[passwordnow]

Beginners need to learn on how to read the charts and start making their own technical analysis. It may be hard from the start but as they keep on doing it and trying it very well, they'll learn on it later.
It's a factor that traders are staying because they know how to make technical analysis and it's very essential for a beginner to learn almost everything.
But not all of it will happen as quick as they think, it takes time.

[Ayuluv2001]

Beginner should read up alot more about crypto and different type of coins and spend sometime in reading the trends and such before diving deep into it to avoid massive overprice purchase and selling due to FUD fever.

I have seen alot newbie keep saying crypto is only about bitcoin and ethereum

[DarrinEspacio]

ofcourse it is very much essential because through this knowledge you can predict and prediction is very much important here.

[AlexAce420]

Yes, I think that Beginners need Technical analysis because they don't have much knowledge about how cryptocurrency works and other related things about it. I also think, beginners should especially search more information about crypto like how to analyze the unstable values, how it works etc. Also, they need the patience to research huge info and news about every coin which is going to trade.

[Gooddaycoin]

Я cчитaю , чтo нaчинaющимy нyжнo вce!!! Moжнo cкaзaть  - кaк вы cчитaeтe нyжeн ли pyль мaшинe ? A кoлeca ? Бeнзин !!? Haчинaющимy нyжнo пoлyчить кaк мoжнo бoльшe знaний и o pынкe и o биpжax . Hyжнo пoнимaть , кaк этo вce paбoтaeт и ycтpoeнo. Oтвeт - дa!

[BestSSS]

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?? what are you talking about, what beginners are you talking about. To date, 95% of people experienced in the world of crypto currency do not use technical analysis and you are talking about beginners.

[snaper14]

technical analysis is for sure important but for beginners it is more crucial to understand the market structure, why and how things happen regarding the news , rise, fall of prices and after these things are clear than comes the technical analysis.

[ayesha703]

off course. Beginners definitely need technical analysis. I think not only beginners but also everyone needs technical analysis for doing good in the digital market. The digital market is not so easy as it looks like. there are much more than it seems. Technical analysis helps a person to understand more about the market. So I will suggest everyone do some technical analysis before taking any steps. Otherwise, there will be a risk of the element. Why taking a risk when there is a way!

[EdwardClinton]

technical analysis is essential for all beginners i think.