Do you think that Beginners need Technical analysis?

[kicauklaten]

thus still the beginner and not too fit into the crypto then the analysis is the Foundation of a good beginning. a lot of people long in crypto but without having the expert analysis and they can't smoothly to maximize what can result in crypto. so don't be in a hurry to get results in the crypto but use how to be colonized by analysis such as crypto.

[Bile123]

Of course, technical analysis is needed. Especially for beginners. They only knew the world of crypto currency. And they do not know much and do not know how. And so as not to allow empty mistakes. Personally, I advise them to learn the basics of technical analysis of the market.

[Fourgh]

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.

Yes, it is much needed. People should really study any investment before they go into it.

[emanjun]

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.

Well said and as addition technical analysis is very useful for all of us here in crypto world. It will serve for us as a guide and if we have it already then we will have an idea on what to do.

[digitalman001]

Newcomers don't have to pay too much attention to technical aspects. The first is that it is very difficult in this respect. Most of the people here include the elderly, and secondly, it is really too little, especially for newcomers. As long as you can understand the content and direction of the project, you can make a basic judgment by comparison.

[uiyh687]

Beginners certainly need technical analysis. But only if you need a professional crypto as a target. Or find a teacher.

[Thefrolly]

Unless you are day trading I don't think that anyone needs to learn technical analysis and especially in the crypto markets where the technical analysis doesn't works accurately. If you are going to just invest and hold your coins for the long term than you just need to know how to do basic research for a coin.

[aotlunla]

In my opinion,  technical analysis is absolutely vital for people who work in crypto business.  It allows you to predict coins' prices and help to  avoid making mistakes...

[heureca]

I think that criptocurrency is still mostly affected by news trend and technical analysis is rather useless to find out corrrect decision for investment

[Mahanton]

I think technology is very important, but for a newcomer, it is very advanced and difficult to understand. It is important to choose the right team and project, not always to consider technology. Because technology is always competing, there is no result.

So you mean technology and technical analysis are the same thing? lol

I think newbies don't need TA for the reason that almost all small cap altcoins will not move their price according to it. While big ones - just buy when others sell and sell when others buy, that was mega-short training of TA and how  to trade

I agree somehow to your point when it comes to TA for small cap coins which wont really work most of the time but it would be good if you do start up on using or practicing on how to use TA even you are trading up on low volume or low cap coins because sooner or later you would able come to a point where you would need this kind of knowledge to be supplemented on your trading career.
As early as you can technical analysis would a be good traders knowledge even we know this indicator doesnt work anytime in cryptospace.

[ryanfromrethink]

In any case, beginners need to be able to analyze the situation, have the skills of technical analysis, more understanding the principles and dynamics of the crypto market.

[bbbbbvm]

I think everyone needs technical analysis. Otherwise, how do you judge the market and invest in cryptocurrencies? The more time you study, the greater your chances of finding hidden gems. Even if you don't make money, at least you won't lose it.

[dididou]

Yes, this is very important. For beginners, you first need someone who knows the cryptocurrency to guide him instead of blindly investing

[juliyett]

Technical analysis is worth be learnt be every person who is interested in cryptocurrency market. It helps to make a right decision so the risk will be lower.

[cryptoid2017]

Well, it would probably not make any harm if a beginner learns to understand basics of technical analysis. But I would not overestimate the importance of TA in crypto. I mean, all these moving averages, Fibonacci retracements, etc look nice, but are there any reliable statistic data showing the success rates of TA at least for BTC?

[gorodi]

I believe that the correct and careful technical analysis is really one of the most useful and important things for a successful start of work in the crypto market, with competent analysis of news and the situation with a specific crypto product.

Technical analysis is of course important, but without practice it is impossible to achieve a good result. In addition to analysis must constantly practice trade to avoid mistakes.

[kkamilov]

of course. for self-education. technical analysis is the basis, it helps to study the market, it's like an auxiliary tool for making a decision. This helps a lot

[soooulliv77]

I am absolutely sure that technical analysis is useful for everyone. Thanks to him, you will be able to buy and sell a coin on time.

[BitkoinJonny]

Hi. I think you should learn a lot of information about trading and technical analysis too. Of course if you are going to trade on cryptomarket or take part in ICO.

[Valzzz005]

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 I would see it, everyone who is in crypto needs specialized investigation, not just amateurs. It permits to foresee developments of coins' costs and abstain from committing errors. It isn't right when individuals perform just blins bounces into exchanging. Specialized examinations gives a chance to escape tragic results and it is totally justified regardless of the time and endeavors to learn it.