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

[Theb]

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

But how can you determine what low is low and what high is high? I think on your perspective there are just prices where you are comfortable on buying and selling but this isn't really the best way to go nor the most efficient one when it comes to maximizing your profit. You still need to determine the bottom as well as the maximum price that Bitcoin can reach during that time and you can only do that with the help of technical analysis. Just by being comfortable with prices on what you think is good enough will only get you in a lot of risk in a trade.

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[electronicash]

if you have to make money out of it why not learn it. there are people who wakes up in the morning and looks at the chart without even thinking of something else first. they eat drink and breath BTC trading and the firs thing they do when they wake up is check the charts and see where could the market go today and trade. that's the kind of dedication they put to earn money in analyzing BTC market. it must worth analyzing.

[Distinctin]

It is worthy to know how to read charts, in fact, that serves you a signal/guide for the next step you have to take. This is also a reason why successful traders achieve their goals. It eventually we learn it, of course, it takes time and more experience. It is our own market understanding which we acquire when we are fully engaged in trading.

BTW, you have mention Bispex...It is new to me but looking its market performance https://cointobuy.io/bispex it seems to good to invest with also. Well, it hopes that it could follow the uptrend motion of crypto by now.

[Duzter]

The learning related to cryptocurrency will help us profit out of the investment we make. When we have the ability to analyze and study the chart we can easily understand the growth history. Upon the same we can make investments and increase the profiting chances even though in most cases luck decides the profiting as we don't know how does the market change in no time.

[Periodik]

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.

It is worth it if you want to make some profit by trading on a daily basis. You need the skills to read charts if you are a trader. If you are trading without such skills you are like a blind man trying to catch fish. You will surely end up with nothing.

But if you are not interested in analyzing price charts, you should shift to simple hodling. That does not ask much from you. All you have to have is patience.

[Edraket31]

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.

It is worth it if you want to make some profit by trading on a daily basis. You need the skills to read charts if you are a trader. If you are trading without such skills you are like a blind man trying to catch fish. You will surely end up with nothing.

But if you are not interested in analyzing price charts, you should shift to simple hodling. That does not ask much from you. All you have to have is patience.

Most of the traders are relying on chart reading for their daily trades but of course they are still considering a lot of factors before they will finally conclude when is the time to buy and when is the time to sell, yeah patience is very needed for this, as the market is sometimes unpredictable and hard to read.

[DevilSlayer]

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.

It is worth it if you want to make some profit by trading on a daily basis. You need the skills to read charts if you are a trader. If you are trading without such skills you are like a blind man trying to catch fish. You will surely end up with nothing.

But if you are not interested in analyzing price charts, you should shift to simple hodling. That does not ask much from you. All you have to have is patience.

Most of the traders are relying on chart reading for their daily trades but of course they are still considering a lot of factors before they will finally conclude when is the time to buy and when is the time to sell, yeah patience is very needed for this, as the market is sometimes unpredictable and hard to read.

The price are unpredictable if you will not use any kinds of analysis. Using technical analysis can help us to forecast the price of the bitcoin, I'm one of those traders who are relying on chart and price action. It is important to rely on chart because chart doesn't lie and it can help us to determine the right time to buy and sell. Having technical analysis skill can help us to improve our knowledge and trading skills.

[jostorres]

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.

Yup I believe it’s worth it, you might know that because a lot of people that you see posting analysis are not really good at it.
I have seen a lot of people trying to predict future prices for cryptocurrency and they always end up with giving the wrong information which makes think that analysis is always wrong and is not worth it.

Even the so called influencers you see that post rubbish on Twitter are just deceivers and don’t even know what they are saying, they are among those that are making people think analysis is not worth it. They just come out and speculate that Bitcoin will reach $1 million tomorrow, lol.

[maxreish]

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.

Seriously? Of course it is very significant to learn how to read charts, technical analysis and volume. It will help you to go through on a success trades, it sure is worth to learn those. And when it comes to trading in bispex exchange, I never tried to trade to that exchange yet but i do a lot of tradings in bitmex and binance.

However, I have heard about bispex token but not yet about their own exchange. Did they launched their own exchange already?

[karanggatak]

of course reading a bitcoin chart really needs to be done when we have entered the world of cryptocurrency. reading the chart really needs to be done so we can compare bitcoin prices in the past and present. by reading charts we can speculate and make the right decision.
but reading the graph is also not a guarantee that our decision is right. but this will be a valuable experience.

[BitcoinHunt3r]

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.

Honestly, i will do anything so i can read market's chart. Although for some people market is really hard to predict, i think read chat still better than speculate and do trading activity. For me it is really worth and will be very useful if we can read chart and make analysis from it.

[piebeyb]

worth it or not it depends on how you and people see it, to be honest I studied this for years and even I feel a little strange, what they describe sometimes does not fit into widespread calculations, almost I see mostly only for personal gain and a team, just look at a lot of self-made analytical charts forcing chart lines according to their desires without having to see anything that is really important to calculate, here I learned a lot that determines the market is traders and charts are made by many traders not the chart lines that we make our apps read of course sometimes not always the same, although the same is just a coincidence, my thought is that to read the graph is very useful in the fiat currency market but not for crypto

sorry i don't know much about Bispex   

[Murat]

Of course, it is, You have to know how to analyze Bitcoin price and how the way Bitcoin price is running, It's very important for this system because Bitcoin is the mother of this Cryptocurrency world, suppose, You are going to trade with Bitcoin and any other cryptocurrency then you must gather the knowledge about the Bitcoin price in recent time, So price chart will help to bring to you a good summary about this system, That's why price chart will help to you to make a decision without any hassle, so it would be a good thing for you if you want to get involved in this system for the long run.

[moviebuff777]

I’ve wondered how much effort it is worth trying to understand candles, Elliott waves, etc.

My conclusion is that if you are starting with little to no knowledge of charts, then it’s not worth it to figure out all the movements in the short term. There are too many variables to figure out.

I think it’s better to look more at the big picture and do longer term trading that doesn’t require as much technical knowledge.

[gweedo]

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.

It seems you are newibe to this market, and you don't know the importance of the chart. In this market, if you want to make a profit from your investment, you need to know how to read the chart, and the bitcoin chart is one of the most important things you should know. 90% of your decision will depend on analysis charts and 10% will depend on market news.
Also I feel you're trying to advertise Bispex exchanges, I haven't even heard this exchange name before.

[bitzizzix]

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.

It seems you are newibe to this market, and you don't know the importance of the chart. In this market, if you want to make a profit from your investment, you need to know how to read the chart, and the bitcoin chart is one of the most important things you should know. 90% of your decision will depend on analysis charts and 10% will depend on market news.
Also I feel you're trying to advertise Bispex exchanges, I haven't even heard this exchange name before.

That's true, and in my opinion, studying charts is very important and is a major point in analyzing because graphs can help predict the next graph's movements.
and in my opinion all bitcoin users and especially those who have been using bitcoin for a long time seems to already understand the movement of the bitcoin graphics which can help make decisions as a consideration.

[msarro]

There are many traders who take short term positions on buying and selling, for them price charts are life line. But these charts are not 100% accurate. You may be lucky with them at times but not always. For long term hodlers these charts are nothing. We buy when price is down and wait for bull run.

[xvids]

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.

Of course it is worth it since it would help you make a better decision when it comes to investing and selling on crypto.
You could anticipate the market's next move and get a better profit,
You wouldn't need to wait or listen to any self proclaimed pro traders just to make a decision.
It is like asking if knowledge is important to one's life.

[BeManga]

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.

it's really worth analyzing bitcoin price chart if you are a trader
but it's not easy because the market will not always favor in you.
and about the bispex exchange im not really familiar with it.
It looks like a new exchange if you can't understand their concept maybe try other popular exchange instead.

[topbitcoin]

There are many traders who take short term positions on buying and selling, for them price charts are life line. But these charts are not 100% accurate. You may be lucky with them at times but not always. For long term hodlers these charts are nothing. We buy when price is down and wait for bull run.

Read price chart really help us so we can do trading activity like what you said, trading chart really help for short term trading, and maybe it will be good if we are really can handle a lot of condition in market or maybe can do short time and long term trading. So we can get profit in there.