Do you think that Beginners need Technical analysis?

[Azuliand]

Its true, the newbies needs to have some technical analysis first before making investment to fully understand what they are gonna do. Because most of the investors especially new ones ended up crying for their bad investment move.

Technical analysis is really important, but I think that practical experience is that what the newbie needs the most. Technical analysis won't save a newbie from panic selling, for example. That's why I always recommend the beginners to practice trading alongside with learning some theoretical things.

Most beginners just invest in a long, I think that beginners of course have to study TA , as a beginner tend to lose their money , especially when sold at such moments as now a lot of panic I see on the market!

[batkaMahno]

I think that everyone should know the basics of technical analysis. This will make the cryptocurrency market more professional. This will have a positive effect on the price of coins.

[fumblingperch]

I would not say that it is necessary, but it will be useful in any case. Usually, all newcomers start with bounty companies, then when they get better acquainted with crypto they begin to look for new ways of earning. Some of them become an investor, some a trader. Therefore, I think that at first it may not be interesting for a beginner, but eventually he will begin to study technical analysis.

[bitelliotZOOM]

I think that such knowledge is very useful. I think it can save many newbies from big losses. But newcomers too lazy to study Technical analysis.

[Eildosa]

Yes, I think everyone should start studying technical analysis. All beginners soon face the fact that they need to invest in some kind of coin and to know what is the best time for this it is necessary to study technical analysis. So I think we should study it. This is helpful.

[Ultimist]

Depends what the beginner wants to do. If he is interested in trading, it is necessary to study technical analysis. If he wants to participate in the bounty, it is not necessary for him. But in any case, this knowledge will be very useful.

[IVEXO]

I think that  beginners do not need any technical analysis to explore the crypto currency world
What they need is calmness to understand the grips and also the patience to learn

The more they participate, the more newbies learn

[peter0425]

Depends what the beginner wants to do. If he is interested in trading, it is necessary to study technical analysis. If he wants to participate in the bounty, it is not necessary for him. But in any case, this knowledge will be very useful.

Well he can start by reading about technical analysis and gradually move or as he gain experienced. It's really hard to trade if you don't know about technical analysis. Personally though, I just enter crypto trading, then try to learn technicals as I go along.

[bangjoe]

In general, it seems that this is necessary not only for beginners, because today a very large number of people just do not understand what a blockchain is because they simply cannot imagine that they are already on the threshold of the greatest discoveries.

I also like that, I only know the blockchain in writing and also the mechanism, I don't really understand what the blockchain is and I'm also unable to adopt that technology personally but that won't be a problem because in this forum we have many people and teams who know and try to develop it and we just need to support them

[otong]

Depends what the beginner wants to do. If he is interested in trading, it is necessary to study technical analysis. If he wants to participate in the bounty, it is not necessary for him. But in any case, this knowledge will be very useful.

indeed, technical analysis is actually needed by everyone who follows bitcoin. even though it's a beginner, it is better if we have to learn more so that in the future we can understand bitcoin. because technical analysis is very much needed for our future development. but we also need to learn more.

[gerjiss]

I think that beginners should not deal with the choice of ICO, and if they want technical analysis, it is better to do it on the example of existing projects.

[temilade200]

I do not know how a beginner will understand what he has not been exposed to.
First, by virtue of its name, technical analysis, which means that it is technical and might be difficult to understand.
Although, there are some who truly understand or that will even when they see it for the first time.
Then sometimes, the right orientation might be necessary.

[GymClassHeroes]

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 interest in investing in cryptocurrencies should have some knowledge of technical analysis or atleast liaise with people who do ,it helps you make better investment choices,unless you are a hardcore long term hodler,then the daily variations in price may not be significant

[fillippone]

Technical analysis:
(Always relevant XKCD)
https://xkcd.com/2101/

[Jackrodwell]

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.

I support this point,because it has really help me has a person to learn more about cryptocurrency as well has investing,so this orientation for beginners is important and not to fall victim.

[matricaria]

Many people say that technical analysis does not work on the cryptocurrency market. But I think it is not. It seems to me that we should learn the basics of trading.

[Nuxxorcoin]

If you want to buy/sell on market you must learn the technical analysis of course but if you just a bounty hunter or airdrop chaser you dont have to learn this technical analysis in my opinion.

[BitDane]

I think Technical Analysis is really good when you do trading but I suggest that if you are a newbie, just know the basic first before jumping into the technicalities of the trading market. I am not saying that you don't have to study well but you must know how trading works then eventually you will so the technical analysis once you are doing the trading. The hardest thing to do is to decide and start.

[Zythiphill]

I think that everyone should know the basics of technical analysis. This will make the cryptocurrency market more professional. This will have a positive effect on the price of coins.

I think TA of course will help many to earn, but I think the market will then become more difficult, and manipulators will take more other strategies, as the market most should remain in the red, and because of this the market will flourish

[PuertoLibre]

Technical analysis:
(Always relevant XKCD)
https://xkcd.com/2101/

This photo explains a lot! Why do traders prefer to live indicators instead of having clear charts in front of their eyes? Drawing lines to graphics should be a fun for newbies.  Technical analysis requires easy,understandable logic behind charts.