Do you think that Beginners need Technical analysis?

[Golftech]

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.

General rules should imply, knowledge is the best tools so knowing technical analysis is very important as it will serve as a guide from each trades or investment that newbies or beginners will take, you should be more realistic and not to go right away without proper knowledge, there's already lots of failures coming from beginners who didn't bothered to take some course or education about technical analysis who just proceeds and take the investment.

[likit123]

I am a supporter of technical analysis, because He assists in the study of cryptocurrency. Although many do without it and feel confident in the crypto market.

[daly896]

No, beginners don't need technical analysis because it is something what you should apply and use for a long period.
You have to make a lot of deals in order to get statistics.

[altcoinhunter01]

Technical analysis is not easy for beginners as analyzing the market requires some basic skill and it can be done only through a tutor which have knowledge about it.

[CuriousGeorge]

No, beginners don't need technical analysis because it is something what you should apply and use for a long period.
You have to make a lot of deals in order to get statistics.

TA was giving a lot of impact to the result of your analyzation, TA should be combined with FA and both of these things must be filled before you can try to take a conclusion to determine the market. that's really important even for beginners.

[milani]

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.

First of all newbies and beginners need to make or to get the deep technical analisys, because the experiences persons have passed some long way, and tried some things in trading, and have minimum or good experience in some processes, but it does not mean that they do not need the analisys.

[maculeth]

yes need, but most important is experience. i.e. by directly entering the market and analyzing on its own based on what coins are bought and analyzing the coins purchased, how the potential is for short or long term and compared to other coins. it will help to learn faster.

[emberbekas]

yes need, but most important is experience. i.e. by directly entering the market and analyzing on its own based on what coins are bought and analyzing the coins purchased, how the potential is for short or long term and compared to other coins. it will help to learn faster.

Practice is the best way to learn to trade, of course newbie could start with the small amount first. The longer we are involved, the more valuable experience we can learn from every event that happens. Traders need all the available techniques and no exception with the technical one. We can learn it step by step.

[TalkStar]

Before starting your life on crypto currency you should study it properly before putting your investment. I take it as lesson by which we can develop our era of knowledge about it. When a investor knows about a project past history before his/her investment then easily can take the decission and hopefully that bring handsome profits.

Earning knowledge is always better than earning money so early IMO.

[masterrex]

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.

For me its "YES" whatever you may call it whether its a technical analysis or just a simple personal researched it was very important for me since it serves as a guide for investing specially in the volatile, unstable world of crypto-currency thats why its a very important matter for my own opinion.

[bitzizzix]

Technical analysis is very important for beginners and I think the old players are still doing it, because Technical Analysis is the basis for becoming an investor.
and you also need to understand what cryptocurrency is and must be able to learn it well about technical analysis and cryptocurrency, and if you have mastered both, I think you will become a worthy investor and you will be more careful in investing.

[ereborltc]

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.

I think that investing in cryptocurrencies is an essential necessity for analyzing market conditions. It can help you understand the specifics of your investment.

[fianaindriati]

No, beginners don't need technical analysis because it is something what you should apply and use for a long period.
You have to make a lot of deals in order to get statistics.

For me, technical analysis cannot be done by beginners, because beginners are just entering the crypto world and they are difficult to analyze the complicated crypto market. so I think it is not arbitrary people who can analyze the technical market. either beginners or people who have long been involved in the crypto world are not necessarily able to analyze the market

[Abal Abal]

everyone needs analytical techniques, let alone beginners. other users need to use analysis, if our analysis technique is not necessary for beginners I am sure the beginners will cry, and lose a lot of their funds.

[tomboi]

Technical analysis is needed for new people or people who have been in Crypto for a long time. When I first entered the trading market, it was very difficult and confusing. But I tried to keep learning about the movement of sales charts and read a lot of information about the development of coins. And until now you can survive here even though it isn't going well.

[ringgo96]

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.

whatever the analysis is a pretty important thing to do so we can analyze and also decide on our investment, as we know the long term itself must also look at the previous price data whether it is good or not

[baigreen]

Well, the question is when and how much is the most difficult question. In addition to technical analysis, you need to understand and in the news background. Because the news is moving to the top of the cryptocurrency. If great news arrives, good projects appear; the whole cryptocurrency moves in before. Here we must learn and this.

[Petell73]

Beginners should do there research first without throwing hundreds of dollars into a coin thinking they will be millionaires in a few weeks.

[libert19]

Traders need technical analysis, investors don't. They invest in potential future big thing and hold onto it pretty much forever, or sell when there is better replacement.

[naruto7676]

They also make their own efforts to learn how to trade in cryptocurrency and how they earn money here. As well as investors who are struggling here should make their own education so they do not get lost and earn.