Do you think that Beginners need Technical analysis?

[trashman43]

Newbies or Beginners in the crypto ecosystem do not really need technical analysis, but what they really need is to know and understand the basic principles needed to invest or trade in cryptocurrency. Once they know and understand these basic principles, they can invest and trade without any difficulties. 

[akiho yoshizawa]

for now there are many easy ways for beginners to understand the basics of trading in crypto currencies can search on google sites and others, it seems that if you learn technical analysis there are beginners will only have difficulty when trading, if they have read a lot of information, so they can quickly understand and be easier when trading.

[michael23]

It seems to me that the technical analysis does not work as we need.  It can be used for forecasts, but the probability that such a forecast will come true is very small.

[lovesybitz]

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.

Beginner/Novice needs knowledge first before anything else. Technical analysis too is not 100% will give you a good profit when you do trade in the market. Only the expert one can manage it properly in my opinion. That's why for me I don't use it and its hard to understand, it is still good to base your trading in the actual trade price in the chart graph.

[mrdeposit]

Newbies or Beginners in the crypto ecosystem do not really need technical analysis, but what they really need is to know and understand the basic principles needed to invest or trade in cryptocurrency. Once they know and understand these basic principles, they can invest and trade without any difficulties. 

I do not think so. Technical analysis is one of the way to estimate the price, and it will be difficult without knowing it. Yes, beginners do not start trading margin immediately, but they need to know how to analyze to trade.

[wayaneka]

Yes beginner trader should be learn first about technical analysis because this is the basic of trading, we can not make transaction buy and sell without to see the charting, historycal price and how to determine support and resistance. Fundamental analysis is not enough without knowledge about TA. There are alot of crypto in the market and not possible we learn the fundamental of each crypto, but we can use knowledge of technical analysis for all crypto and also others asset like stocks or forex.

[aioc]

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.

If the beginner or newbie would like to become a trader and investors, then he should study technical analysis it will be profitable for him to do so, but if he just an observer or a hodler or user then he can just study the basic of cryptocurrency.

[odranoel]

Of course its a big yes, not only beginners need technical analysis but all who engaging this business. For the beginners it must be a basic tool before doing or deciding anything and for the old one be careful on every steps you make to prevent past mistakes.

[Gekkoo]

Beginners don't need to dominate indicators and oscillators! But it's extremely important that you understand support and resistance, some high and low standards beyond the trend lines! You need to be able to get in and out of a position minimizing injury and maximizing profit! Fundamental analysis is also important, but technical analysis can never be overlooked.

[coin-investor]

They need technical analysis because the market and value of the coins they are holding whatever coin that might be is volatile they will be holding $10 worth of that coin then after 24 hours that value will go up or down, this is something that they should understand.

[BennyK]

Any investor irrespective of the status as a beginner or expert needs technical analysis in order to choose the right coin capable of yielding profit at a particular period of time. Not all coins on the market are worth investing in at any point in time hence it is good to do a personal research into the coins in order to come out with the more capable coins and this requires expertise in analyzing the coins and their trend on the market.

[Nivia1st]

no, because nothing really needs technical analysis. crypto is not the same as forex technical analysis, it cannot be expected here. better beginners learn about fundamental analysis. because this is very helpful. 70% of the market moves because of news, rumors and speculation

[robelneo]

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.

Not all of us are great in doing the analysis but if you want to make a profit in cryptocurrency it's a must to learn how to read these data
but if you want to be a long term holder you just have to pick the right experts to guide you on when and where to invest.

[rdewilde]

Everyone in this market, if they do not want to lose money and make a profit, need knowledge and technical analysis. And those newbie need that knowledge to exist in this market

[elbimbo012]

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.

If you are in trading you really need technical analysis no matter your a newbie or a veteran cause it would serve as your indicator wether you will buy or sell your coins.

[superstarbtc]

technical analysis is must for every one before entering the market beginner should learn about technical analysis so that they can predict the market

[Levyathan]

I don't think that beginners would really need a technical analysis because most of the beginners just wanted to get profit without doing such an analysis or even thinking the risk.

[Pucielex]

technical analysis is must for every one before entering the market beginner should learn about technical analysis so that they can predict the market

Technical analysis should be able to do everyone to try to trade successfully in the market, but a lot of people just don't want to learn how to make it

[shoreno]

technical analysis is must for every one before entering the market beginner should learn about technical analysis so that they can predict the market

Technical analysis should be able to do everyone to try to trade successfully in the market, but a lot of people just don't want to learn how to make it

technical analysis is not easy for us veterans  how much more if you are a beginner on the crypto world ? i think its more important if you familiarize your self first on the basics . sure technical analysis is helpful to have a higher succes rate on your trades but that does not guarantee that your predictions will come true  . other factors can still influence the value of cryptos  . you can still loose no matter how good you are at analyzing  .

[AlekseyCrypto]

I think if a beginner invests in a long time, it is not so important to know technical analysis, but if a beginner wants to trade, then I recommend that you first take courses on trading in order not to lose money.