Is it worth analyzing Bitcoin price chart? Well... Bitcoin will increase

[yamasis]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

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[White Christmas]

Yes it is really worth it if you know how to analyze the bitcoin chart especially if you know how to read the market graph and you can predict if what would be the price or what would be the next event may happen in the next few hours or next 24 hours. If you really want to study or analyze the chart, it is very good and you can fastly made a decision if the price may pump up or dump down. This probably the advantage of some people to the other people who don't know to read or analyze the market graph, because if you know already how to read and analyze it you can start trading and earning.

[jakelyson]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

To be able to read, understand and predict trends from bitcoin's price chart is an important skill every trader should possess. If you are planning to be a trader, it is where you should start. Though it would not be enough to predict price movement because you will still need to consider current events and news that could affect the price, it is still a good guide to your trading strategies.

[Ferris419]

Yes, analyzing Bitcoin price shows how much knowledge you gathered! Analyzing Bitcoin price needs huge knowledge about crypto market history, updated news, hype, next events and so on and it helps a lot to its traders, investors. Everyone can predict a price for Bitcoin easily, but not everyone can make a valuable Bitcoin price analysis!

And, I have no knowledge about that Bispex exchange, searched on google and looks shitty to me. Try to avoid that exchange and choose a good one, as we have many options.  

[LogitechMouse]

If you are a trader or even an investor, knowing how to analyze the chart is a good skill that can help you in positioning especially if you are a position trader.

I'm not good at technical analysis but I know how to use the basic indicators and I know how to analyze at least the chart of Bitcoin but even you are a good analyst, still you can't predict what can happen to Bitcoin because it is always have 2 sides. It is either the positive side that can happen or the negative side but either way if you are a good technical analyst, you can be ready in whatever situation that can happen.

[murat131]

Tech analysis is not about bitcoin. Too many fluctations here

[ChrisPop]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

Many people do know how to "read" a chart in a higher or lessee degree, but that it is surely not enough to make a living or even make a profit from the markets.

You need to have a strong grasp of risk management principles and also you need to be able to manage your emotions and analyze your behaviour, esentially you need to be self-aware.

[blckhawk]

I think it's a mix of Fundamental Analysis and Technical Analysis. Chart analysis alone couldn't predict the price trend that much unless seen on a long-term chart, where the factors of the trend lies more into the market and core network updates and ideology, unlike in short-term where manipulation and volatility are mostly present, making the chart almost unpredictable. Though Fundamental Analysis of what's happening and what's about to happen might also shed some light to predict the trend, there's really no guarantee of an accurate prediction.

[julius caesar]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

If you are onto trading, you must know how to analyze the price chart properly because trading is all about predicting the price of the coin that you have. If you bought it on its lower price, you should try to predict when to sell it or when the price of that coin gonna rise up because that will really help you to become successful on the trading career.

[boyptc]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

It's worth so that you won't be depending on other technical analysis. And if you have knowledge with it, you have the background and are aware of the possible next movement of bitcoin.

But always think that whether you're good with reading charts, nothing beats bitcoin being unpredictable.

[wildan88]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

It's worth so that you won't be depending on other technical analysis. And if you have knowledge with it, you have the background and are aware of the possible next movement of bitcoin.

But always think that whether you're good with reading charts, nothing beats bitcoin being unpredictable.

yeah chart one of the initial capital that must be owned by a trader, of course traders will be easier to analyze and practice trading systems according to their style because there are many chart patterns so it depends on how good you are at reading it.

[ragavancoin]

Yes it's really worth analyzing Bitcoin price chart, you should have a good knowledge to pridict about bitcoin, read a graf and understand about it. It is not that easy to analyze until you are well experienced in bitcoin market. So that you can know when pumps and dumps will occur

[Sahyadri]

I believe if you're a long term investor, investing in the idea, then these charts wouldn't matter a lot. But you will still need it to make an entry. You can't invest at $13k even if you're looking for long term. Chart analysis will give you a good entry to the market.
These daily movement and swings are only good for short term traders and they can actually make sense out of these price charts.

[Youghoor]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Well, it all depends on the purpose why you want to learn how to read bitcoin price chart. If you just joined the bitcoin just to invest, then its very necessary to understand Bitcoin's price chart. It helps tell you the pattern in the rate at which the price of bitcoin changes and the possible next market value of bitcoin.  As an investor or a daily trader, the price chart helps you minimise your risk potential and maximise your profit margins.

[Thecryptocurrency09]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

Surely it is worth it if you could understand the chart you could analyze the market price of the bitcoin in the past years giving you the idea of the market at that time.
Also with some research in the market price and the possible upcoming price of the bitcoin you need to consider a lot of things like influence and also check some news from bitcoin.

There are so many speculations in the market for sure it is not 100% accurate overall simple things could easily affect the market price of bitcoin but as it is price charts and research about it is surely worth it in the end. It might not be accurate all the time but still, the speculations could or most of the time accurate if you do things in the right way.

[kro55]

As per my knowledge and experience these charts along with other prediction data never work in this sector. See this current bull run for instance there is hardly any chart that was predicting such bull run. Bitcoin run whenever it has mood to run. .

[awaydolly]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

Yes, it is worth analyzing bitcoin price chart as it gives you the idea of the rate of bitcoin of earlier years so that you can get an idea of the rate of bitcoin in forthcoming year. If you're new to cryptocurrencies its essential you go through this bitcoin price chart.

[Aikidoka]

I think analyzing Bitcoin price charts is not that easy for beginners, it may take you some time to understand how bitcoin's price moves each day, but it's always better to get some idea about that so at least your predictions will be more accurate and with logic instead of random guesses of prices, And most of people are thinking that bitcoin's price will increase in the future, so sooner or later we'll have a good profit.

[Ken_terrance]

It's worth analysing charts if you are good at it but on the other hand its not a must, investing in bitcoin is less risky than other coins, all i keep doing is buy low and sell high, repeating the process over and over again will earn you good reward

[kryptqnick]

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

No. There's no proof that any method offers objective data and predictions which are better than those made without using such methods, as far as I know. This means that price analysis is not something serious one should study to get more informed. It's just a way to convince oneself that it makes a difference, when it really doesn't. At least that's how I see the matter. Bitcoin will rise or fall regardless of predictions. One simply has to follow the news and the prices not to miss anything important.