technical vs strategy

[Gibreil]

They say that buy the news, sell the rumors. It is up to the trade who will execute the trades. In my own perpectives, cryptocurrency follow certain news before it moves. The recent bakkt news gave a great implication to bitcoin and other cryptocurrency. As a matter of fact, it pulls up almost all crypto in the market. Definitely, if you just based your assumptions in technicals then you will be profitable but if you combine these two, more profitable to be followed.

[Altero]

They say that buy the news, sell the rumors. It is up to the trade who will execute the trades. In my own perpectives, cryptocurrency follow certain news before it moves. The recent bakkt news gave a great implication to bitcoin and other cryptocurrency. As a matter of fact, it pulls up almost all crypto in the market. Definitely, if you just based your assumptions in technicals then you will be profitable but if you combine these two, more profitable to be followed.

Both technical and strategy will great work than to used just one of them.
Both of them is very important and having a role into our trading investment will help us out from danger of losing instead of generating more profits.
It is not all about patient or holding, it will give some odds if we have our own TA's for the incoming.

[josephdd1]

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

iS there any difference between strategy and technical trading? If you listen to your favorite podcaster or writer or "shiller", then that cannot be qualified as strategy. That's dumb. They getting paid to shill for some project. There are very few people that talk about a project because there is merit there. They do it because they're paid to do so.

There's a difference between the two of course. Not everyone can have a strategy that anchors in technical analysis. I for one have no patience to do long time study in a coin and it's movement. But your strategy can go from simple things such as long term or buying when you believe that a coin has potential. It's a lot simplier than studying charts and price movements.

I don't think buying for long term or short term qualifies as 'strategy' when it comes to trading. That's more in the line of investing. So I think you're getting the two confused.
Strategy in trading is always based on ta. Even a newbie understands that.

[samcrypto]

I don't know much about technical analysis,I just prefer my own strategies according to the market condition and also I don't prefer same type of trading always it also will change for market situation.

I agree on the market situation, we can’t stick on just one plan or strategy we have to develop more that can be suit for the updates on the trend. I’m also not good in TA, but i try my best on trading sometimes the market needs you to be more a good thinker and not just depend on any TA, always think that volatility can destroy any TA.

[Mpamaegbu]

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

I had to bold that to emphasize my point, otherwise I should've had it in quote alone. That statement is contrary. Technical Analyses rely on indicators, not on articles. When you refer to articles or news, you're referring to Fundamental Analyses.

When it comes to trading cryptocurrency, Technical Analyses are bullshit. What truly drives the crypto market is news. News can easily make a mess of whatever TA in place because the industry is fast paced and relies on hype.

[pixie85]

TA is important but it's so vast and there are so many indicators that it's really hard to find a reasonable prediction to follow. In my case strategy is more important. Without having one I'd be sitting there and blindly waiting for it to pump or dump enough so I can take action.

While I wish TA would show me the way it's the strategy that makes me not lose sleep at night.

[akram143]

Both are different technical means you need to use the strategy technically in your right time that is the meaning of Technical but strategy means it will helpful for you to make better success that is call the strategy.

[uneng]

"The 95% use a purely technical approach to speculation and investing, relying on articles written by their favourite crypto guru for their analysis. Bitcoin has been leading the crypto market higher over the last month, and as prices move higher so will the expectations of Bitcoin's future.

Most find speculation and investing hard. It's because we are just not wired to be good at it. Almost everything we think we should do will hurt, and almost everything we believe will harm us won't."

https://www.altcoinsidekick.com/blog/frequency-range

hmmm do you believe that to be true??

I had to bold that to emphasize my point, otherwise I should've had it in quote alone. That statement is contrary. Technical Analyses rely on indicators, not on articles. When you refer to articles or news, you're referring to Fundamental Analyses.

When it comes to trading cryptocurrency, Technical Analyses are bullshit. What truly drives the crypto market is news. News can easily make a mess of whatever TA in place because the industry is fast paced and relies on hype.

That is true, but sometimes it's hard to know how important is that news for the market. We have never sure if the market is reacting like that because a particular news. You may see btc pump now and explain it as a consequence of Flexa third party payment service for crypto currency and the global brands also adopting it through Flexa, but is it what is really driving the market up?