technical vs strategy

[l3jmr]

"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??

[1714660142]

1714660142

[1714660142]

1714660142

[1714660142]

1714660142

[Slow death]

I did not understand anything that is in this article, it seems to me that the author wrote a lot and mixed a lot. I'll say what I think

in the market of bitcoin most people buy and hold and other people buy and do daytrade, few people use technical analysis. because these technical analyzes do not work, at least for me they do not work.

for altcoins, the thing is simpler: people just follow the thread, twitter, discord and telegram to get news about the project. make technical analysis on these altcoins is waste of time in my opinion.

[Ailmand]

The article isn't stating things straight to the point. If you're referring to technical analysis as a basis of trading, it would be confusing compared to the basic strategy of trading. We could all apply different strategies in different ways as long as it isn't confusing and if we're comfortable earning through it. We don't have to follow different speculations and analyzations that could just mislead us.

[rizkyhiw]

Of course technical is sometimes confusing and predictable, but most people take a simpler way of using strategies such as buying when the red market and selling at high prices or green can be a simpler baseline, strongly agree if you continue to follow social media around crypto and follow the news that appears every day because it is very useful to pump the market suddenly, so don't miss the information.

[harizen]

~snipped~

Technical references will lead into strategy.
Speculation references will lead into strategy.

Overall, no matter what is the approach, it can lead into making a strategy. It's just that, how effective that strategy is.

Different people have different perspectives. Your's to create one.

[xvids]

It is better to use strategy rather than just relying on a TA.
Why would you rely on a TA if you could do your own strategy and earn from it.
Like I have said before TA and FUDster are the same using their words to move the market.

[asyakashi]

It is better to use strategy rather than just relying on a TA.
Why would you rely on a TA if you could do your own strategy and earn from it.
Like I have said before TA and FUDster are the same using their words to move the market.

I agree with you, TA is a theory and decision is the result of implementing a strategy.
sometimes the strategy itself comes from valuable experience. this is more convincing and profitable. even though TA occasionally must be considered.

[Oasisman]

Strategy is always along your way on your trading journey. It is impossible for you to just follow technical anlaysis or even speculations without developing any strategy on the latter.
No matter what kind of tool youre using to develop knowledge and skills in trading you'll always end up with a certain strategy.

[traderethereum]

It is better to use strategy rather than just relying on a TA.
Why would you rely on a TA if you could do your own strategy and earn from it.
Like I have said before TA and FUDster are the same using their words to move the market.

I agree with you, TA is a theory and decision is the result of implementing a strategy.
sometimes the strategy itself comes from valuable experience. this is more convincing and profitable. even though TA occasionally must be considered.

That strategy will work on real situations so we can apply the strategy to gain profit.
I prefer to make a strategy on what is happening in the market because that will makes me make analysis and I can determine what I need to do next.
Although it will need the practice to make the strategy works, it still worth to make a strategy since it will help us to search the right position to buy or sell.

[Bitcoin Smith]

I think both are same but technically using the strategy will be the right idea for anything so if you are making the strategy used it very quickly for the perfect place then only I will be successful.

[rachellee]

For me, it's more on strategy. I'm not saying that I don't look at the TA or the technical side, but I don't rely on it 100%. It's often misleading and manipulative, as ran by the whales. So I'd rather trust my own strategy that be a stupid subject of greedy whales' manipulation.

[asriloni]

It is better to use strategy rather than just relying on a TA.
Why would you rely on a TA if you could do your own strategy and earn from it.
Like I have said before TA and FUDster are the same using their words to move the market.

I agree with you, TA is a theory and decision is the result of implementing a strategy.
sometimes the strategy itself comes from valuable experience. this is more convincing and profitable. even though TA occasionally must be considered.

I thought that you have created a non sense answer, did you mean we must do that strategy and then we can only create technical analysis after doing that strategy?
TA combined with FA is what I called that as a strategy. OP is not even mentioning it.
a thing that called a strategy is mixed from what we have called that as technical combined with the fundamental analysis. How accurate your strategy depends on how can you create such a good technical and fundamental analysis. But op was creating a contradicted question

[davis196]

"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 kinda agree with that.The "what you should do will hurt you" type of mindset is very true,when it comes to trading.We have to overcome that mindset and make some mistakes,even lose some money and gain more experience.Putting all our trust in technical analysis and crypto gurus is a 100% wrong approach.

[Remainder]

for altcoins, the thing is simpler: people just follow the thread, twitter, discord and telegram to get news about the project. make technical analysis on these altcoins is waste of time in my opinion.

Depending on the kind of project, most solid projects gives information that are really helpful.
If we cannot make a good technical analysis out of this information, how are we going to make an effective method in trading?

[serjent05]

I did not understand anything that is in this article,

I believe the article is discussing about technical Analysis and Fundamental Analysis.


sample:

In Disruptive Force, using George Soros as an example, his £1 billion profit speculating on the British pound was made by understanding background conditions — not by a moving average crossover, MACD, or RSI indicator.

This falls under fundamental analaysis where you look at the items background, including finance statement, plans, people behind it, the events that happens etc.


Honestly we should not let this two analysis compete, this should work hand in hand in order for us to maximize our profit.  Utilizing this two will strenthen our knowledge on when to enter and to exit from a trade.  This should be used to back up each other not compete with each other.

[omonuyak]

"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 do believe this to be truth! Many people are afraid to make investments and trading decision themselves because they believe they are going to fail and that put limitation on them.  I have given investments idea to a friend recently and the guy is a risk taker!  He put one bitcoin into it and now he is in serious money. 

[carter34]

"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 agree that 95% of traders focus on technical analysis but I don't no if they also follow what article has been written always. And I don't no if really articles are also referred to technical analysis because articles can not change, is just a learning material but technical consist of indicators that are inbuilt and most times follow the market or goes before the market like candlestick price action or some go with the market. Well, this is my view on that.

[goaldigger]

"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??

But you should also learn from other right? Its the basis of learning like a teacher from its students. Its also good to know something based on the perception of other people but this should be all at first. People should learn how to do strategies himself to prosper. Its better if people understand what they are doing for good results.

[kotajikikox]

"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??

Basically speculation came from the guru is one thing that ill get guide for make decision woeking in trading, but before to decide need to review and learn well to get perfectly decision.

Technical and strategy combine it both is the  best thing to make decision.

[milewilda]

I didnt read up the entire article but seeing some few points its all mixed up so i didnt tend to continue further more.Technical analysis is indeed consider as a strategy.They would be categorize neither
fundamentals or pure technical analysis but with this kind of speculative market specially with crypto.News is really big factor rather than fully depending on technical analysis but there are still traders
who do actively uses up these indicators.