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Author Topic: Do you think that Beginners need Technical analysis?  (Read 3534 times)
last7minutes
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August 21, 2018, 08:18:58 AM
 #481

Maybe they should not fully understand the technical analysis or some details, but in general they should understand what is going on in crypto-currencies and what is the danger for their deposit.

I agree with you. Without a minimum understanding of how the crypto currency works and what risks there are it is not worth starting to invest your money.
ucb94
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August 21, 2018, 08:30:21 AM
 #482

I think before getting a technical analysis knowledge, a beginner should study about the cryptocurrencies and crypto market before entering to the trading or any other activity. Do own research and learn more about cryptocurrency.
HMember
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August 21, 2018, 08:33:18 AM
 #483

Beginners simply need to approach the process of choosing coins for investment as adequately and carefully as possible. You need to read a lot of material on the topic of crypto-currency and talk with experienced investors.  All this at times will increase their chances of success. You can not just choose a random project and invest in it your funds, it will turn into a crash with a high probability.

Milka1980
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August 21, 2018, 08:35:38 AM
 #484

If you want to invest in cryptocurrency and trade on the stock exchange or invest in ico, you need to be able to do technical analysis. You'll feel much more confident
mikhael.gusev
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August 21, 2018, 08:36:20 AM
 #485

The technical analysis works at the quiet, settled market and not such volatile, here very risky to trust such sort of the analysis
stue
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August 21, 2018, 08:38:43 AM
 #486

As a beginner, you have to increase the knowledge that you master, because beginners are very easy to be influenced and tossed around, why they don't have extensive knowledge so they only follow what they input. Analysis techniques are of course also needed so you can do everything well and on target.
Mary89
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August 21, 2018, 08:50:34 AM
 #487

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 technical analysis in crypto currency does not work at all, you can do simple analysis, only your experience will help you, communication with other investors will also give a good result. Now it is difficult to find a good project, so beginners should be very careful approach to this issue, but the technical analysis in this case will not help, just spend your time.
HansakaMadushan
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August 21, 2018, 11:10:58 AM
 #488

I can state that Technical Analysis is critical for speculators as well as for bigginers becausei it can direct us in investigating the development of the costs of bitcoin, ethereum, litecoin, bitcoincash and other cryptographic money in view of an examination of past value developments. It utilizes designs in advertise information to recognize patterns and make expectations which will advise when to contribute.
KatyaTonkosheewa
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August 24, 2018, 08:06:42 PM
 #489

Certainly. Even if unstable cryptocurrencies cannot always be predicted, this is generally very useful for understanding the market.

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Utyg
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August 24, 2018, 08:23:58 PM
 #490

Currently, YouTube is possible to find all teachers. And disassemble any topic do Not need to spend a lot of time enough to see experienced users
_cryptoniya_
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August 26, 2018, 04:28:40 AM
 #491

I think this is a mandatory performance of any novice trader. We need not only technical, but also a full analysis of the topic of interest.

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August 26, 2018, 04:53:31 AM
 #492

I once felt the weight and confusion of being a beginner in this forum and in the crypto world.
therefore before you do anything you have to learn more and expand knowledge about crypto currencies
Simayi
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August 26, 2018, 05:00:35 AM
 #493

For beginners, Technical analysis is very difficult for them, which requires a learning process, and I think that in the cryptocurrency market, what is more important is your timely access to information, which is the key to the market.

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rommelo24
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August 26, 2018, 05:06:16 AM
 #494

I am sure that newcomers need to undergo a minimum course in order to invest correctly, or at least to shield people from old mistakes that we have already passed, I am sure that this will be the right decision and people will eventually be thankful that they did not lose their money .
Beginners need to have a better understanding of how the system works. The technical information that could you analyse and make a better decision with your investment. It is also good to have person to guide you initially.
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August 26, 2018, 06:13:00 AM
 #495

Beginners need to understand the mechanism of cryptocurrency, learn from Bitcoin, and then the mainstream altcoins such as Ethereum, EOS, Ripple, etc., then you should carefully understand the rules of each exchange, of course, the rules of BTT Forum must also know.

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Btcnaivie
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August 26, 2018, 06:31:52 AM
 #496

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.


Absolutely Yes,  crypto beginners should study first what cryptocurrency is and how it works. Beginners should research technical analysis of every factor in cryptocurrency especially how price moves so that beginners won't dmanic if the price will dump.
naveenchandradasa
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August 27, 2018, 10:11:06 AM
 #497

If you can not use the technical analysis, you aren't definitely right about how you can get the desired target. Beginners also need to learn how to analyze the situation of the crypto community, such as when investing in the right time, when to withdraw, and so on. They need to open their minds when things happen, including Bitcoin and other altcoin values changes in the cryptocurrency in the virtual community. But they should do their analysis under experts opinions. I think they are not that hard to gain success in the future.
allanaire
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August 29, 2018, 06:44:56 PM
 #498

I believe that crypto-newbie is unlikely to be able to analizirovat but to start studying at least a base, I of course recommend, but it can be such mangled wood and everything to lose.

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amitkumratra
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August 30, 2018, 07:14:11 PM
 #499

I don't think so that beginners have requires technical analysis because this is very deep study and also they have no proper knowledge about crypto currencies.
But i also feels learning technical analysis is very helpful in trading because without this you can only assume about coin price and market condition. And without this you will never make good decisions about your coins, which is very dangerous.
So according to me if beginners wants to come in trading then they have a proper knowledge about crypto currencies.
sanasara
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September 01, 2018, 01:15:30 AM
 #500

Yes you are absolutely right technical analysis is compulsory for all beginners as well as trained traders because it help us to identify the next movement of coins as well as crypto markets up and down can easily be understand by all through technical analysis so it is necessary for all types of traders and investors.
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