Franctoshi
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 10:50:28 AM Last edit: April 14, 2023, 12:04:17 PM by Franctoshi |
|
For me yes, Except you want to be a blind investor into Bitcoin and cryptocurrency without understanding the market. In the other hands you need the knowledge to navigate successfully in this industry, basically to know the right time you should start buying/selling. However, not just only Technical Analysis, you also need pay attention to Fundamentals events of the market because they are the actual drivers of the market, while all the events can be seen in the chart.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
blockman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 04:31:31 PM |
|
There's a different between learning it to a professional but they'll also just teach you the basics of it and most likely, they're not active traders anymore but just stayed as an educator that aims to help new traders that are on their way.
It appears that one cannot be referred to as a professional trader if he is not actively trading. Because, as a professional trader, he should be active because it is his primary source of income, and he has demonstrated that his trading strategy is profitable. So he is not a skilled trader; he is most likely a trader who is losing money, so he started a mentorship program to earn money instead of trading. As a result, he can only teach his mentees the basics. I urge that you acquire a mentor when you start trading because I don't want you to be like others who ruined their careers due to " self-learning". Just make sure you find a mentor who is truly profitable and who will educate you from the heart, not just to take your money. In social media, you see a lot of that type of trader. They proclaim themselves as mentors to others but they don't really trade at all. They know the basics of trading and strategies with it but they don't actively trade and apply what they say. It's because they're not profitable traders and just stayed to be like an influencer but don't really do trades at all and that's how they find the bread and butter for themselves because that seems to be an effective way for them to earn some money out of the market without doing actual trades.
|
|
|
|
Davidvictorson
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 05:50:28 PM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
I will encourage newbie traders not to fuss too much about learning technical analysis. I am not trying to downplay the crucial role of technical analysis in trading but I would pick fundamental analysis over it. My reason for this is because coinbase 1 put it very well "Fundamental analysis is a “big picture” approach that examines financials, user community, and future real-world utility." However, I think the learning path a individual chooses to follow depends on who is his initial influence, mentor, model advised. Especially their trading style. 1. https://www.coinbase.com/learn/crypto-basics/what-are-technical-analysis-and-fundamental-analysis#:~:text=Technical%20analysis%20looks%20at%20patterns,and%20future%20real%2Dworld%20utility.
|
|
|
|
|MINER|
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 06:23:40 PM |
|
Snip Before answering your questions I have to know actually what types of trading you wanna do , Because technical analysis and fundamental analysis both are very important for doing trading. Technical analysis is basically detailed technical analysis with charts and candles. And it is more active for short-term trading, if you are a professional short-term trader then I will tell you that technical analysis is a very necessary tool for you. On the other hand if you are a long term trader then I will tell you to learn fundamental analysis it is more effective than technical analysis for long term trading.
|
|
|
|
2double0
Legendary
Offline
Activity: 2618
Merit: 1105
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 06:58:58 PM |
|
I think chart reading also involves technical analysis and you must understand technical analysis if not interested in fundamentals. However, fundamentals are more important because a slight news can make a big change in crypto and you can get chances where you can make good profits. Latest example was the Twitter logo change to a 🐶, and Doge spiked up. And then it fell down even badly. These were the opportunities that can be tracked if you are active online, another example was an attorney saying that FTX will start its operations again and FTT saw a big pump.
|
|
|
|
ShowOff
Legendary
Offline
Activity: 2716
Merit: 1193
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 07:13:44 PM |
|
I think chart reading also involves technical analysis and you must understand technical analysis if not interested in fundamentals. However, fundamentals are more important because a slight news can make a big change in crypto and you can get chances where you can make good profits. Latest example was the Twitter logo change to a 🐶, and Doge spiked up. And then it fell down even badly. These were the opportunities that can be tracked if you are active online, another example was an attorney saying that FTX will start its operations again and FTT saw a big pump. You are right about the analysis. I often mix fundamental analysis and technical analysis for trading, so both serve the same purpose and it depends on who is relying on one or the other. Analyze charts is technical analysis, it can help the OP get an idea of when he can enter to buy and when to sell. But when it comes to investment plans, I think we can also combine the two analyses. Both analyzes are important, the trend depends only on your plans and of course on which analysis has helped you the most so far.
|
| | | . .Duelbits. | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | | . ..DICE... | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | . .MINES. | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | . .PLINKO. | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | 10,000x MULTIPLIER | │ | NEARLY UP TO .50%. REWARDS | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
tvplus006
Legendary
Offline
Activity: 2422
Merit: 1843
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 07:40:11 PM |
|
...Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Of course, if you consider yourself a trader and do not have a crystal ball to predict the price, then technical analysis will be useful to you. But to trade and make a profit, it is not enough just to look at the chart, you need to understand what is happening in the market.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
palle11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 08:44:11 PM |
|
Can I learn myself or is important I about them from a professional?
You can learn bitcoin on yourself by even reading about it. Learning about bitcoin is different from trading it. So if you want to trade on bitcoin then you will need the chart which can be technical analysis this is like what you trade in any other cryptocurrency. What you need the understanding here is bitcoin understanding is different from trading bitcoin. Understanding bitcoin is to know the technology and how bitcoin transaction works and trading of bitcoin is to buy or sell it, you may need technical analysis to trade
|
|
|
|
Fivestar4everMVP
Legendary
Offline
Activity: 2380
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 08:52:33 PM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
First, you are welcome to the forum, i hope you enjoy your participation in the forum discussions all through your stay here.. I didn't go through the comments to get to know what others are saying, but from my own personal experience and opinion as a partial trader, I consider knowing how to do technical analysis to be a must for every serious trader, though no knowledge of it doesn't stop you from trading normally, but for better understanding of the market and for increased chances in making profitable trades, it is very important to know how to do technical analysis of the coin or token you are trading or going to trade.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
stomachgrowls
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 08:59:18 PM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Even though technical analysis isnt something that precise nor give out guarantees on making or giving positive results into your trading, but having the knowledge about on making yourself that pretty aware on how to make use of these things are important rather than on having no knowledge at all on what it is.We do know that we cant just make out some positioning in regarding with our trading and just getting in without any basis which is really a bad thing if you do have that kind of consideration. You are just simply making doing some gambling on that case. You should know on how to read up and make some technical analysis which you would really be needing it up along the way.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
Unbunplease
Legendary
Offline
Activity: 1806
Merit: 1159
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 11:12:53 PM |
|
Knowing technical analysis when trading cryptocurrencies has certain advantages and allows you to make more or less educated guesses about future price movements. But don't rely too much on technical analysis, because manipulators know this too and will try to trap you. Technical analysis must be accompanied by good luck and financial discipline.
|
|
|
|
jeraldskie11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 11:15:37 PM |
|
In social media, you see a lot of that type of trader. They proclaim themselves as mentors to others but they don't really trade at all. They know the basics of trading and strategies with it but they don't actively trade and apply what they say. It's because they're not profitable traders and just stayed to be like an influencer but don't really do trades at all and that's how they find the bread and butter for themselves because that seems to be an effective way for them to earn some money out of the market without doing actual trades. Yes, it is true, particularly in our country. They abruptly vanish after receiving the money from the mentees. When the market is bullish, many will give mentorships in SocMed, but when the market is bearish, they will abruptly disappear. They cannot allow their money to survive the bear market because they are aware that they are not lucrative. So let us exercise caution when selecting a mentor. If that's the only type of mentorship we can receive, it's better to perform self-learning and then utilize the money we used to pay for the mentorship as trading capital.
|
|
|
|
blockman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2023, 11:29:23 PM |
|
In social media, you see a lot of that type of trader. They proclaim themselves as mentors to others but they don't really trade at all. They know the basics of trading and strategies with it but they don't actively trade and apply what they say. It's because they're not profitable traders and just stayed to be like an influencer but don't really do trades at all and that's how they find the bread and butter for themselves because that seems to be an effective way for them to earn some money out of the market without doing actual trades.
Yes, it is true, particularly in our country. They abruptly vanish after receiving the money from the mentees. When the market is bullish, many will give mentorships in SocMed, but when the market is bearish, they will abruptly disappear. They cannot allow their money to survive the bear market because they are aware that they are not lucrative. So let us exercise caution when selecting a mentor. If that's the only type of mentorship we can receive, it's better to perform self-learning and then utilize the money we used to pay for the mentorship as trading capital. That's why the impression of being bad goes to crypto because of these cons and fake influencers and traders. One day that they'll be busted with these conning actions that they've been doing. It's not always a good day for them and once they're able to have that someone that will push them to the courts for being a fake TA expert and just playing the role of it, they'll for sure going to have their own time for it. You're right, and when the bear market comes and this bull run is done, they'll be gone in the wind and will be out like a dust as if nothing has happened.
|
|
|
|
AnonBitCoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2023, 03:11:36 PM |
|
Can I learn myself or is important I about them from a professional? You can learn by yourself there is no need of expert to teach you, at start there will some difficulties but with the passage of time you will understand everything. there are lots of videos on YouTube which can help you in getting knowledge so always try to watch these videos. I will always give you suggestion that if some of your family member is engaged in crypto then surely get knowledge from him because relatives will teach you in better way. First try to know each and everything about trading and investment before going to start it because there will be difficulties in achieving task if you have lack knowledge.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
WatChe
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2023, 04:15:06 PM |
|
In social media, you see a lot of that type of trader. They proclaim themselves as mentors to others but they don't really trade at all. They know the basics of trading and strategies with it but they don't actively trade and apply what they say. It's because they're not profitable traders and just stayed to be like an influencer but don't really do trades at all and that's how they find the bread and butter for themselves because that seems to be an effective way for them to earn some money out of the market without doing actual trades.
You figured it out very right. Social media influencers over the time have become millionaire or billionaire by teaching there followers skills which they haven't practised. In my country there is a crypto influencer, there is no proof of what he has earned in crypto trading, but his crypto signalling group generates around 100k$ turn-over for him. To me using your own mind is best strategy as it train your mind for future trading.
|
|
|
|
tjtonmoy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2023, 06:04:04 PM |
|
Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
It is a way of knowing somewhat what the market might do next. But it is never 100% correct. It is a way of doing the thing, and almost all traders use it. Otherwise, you will have to rely on your own strategy and I think as the market situation changing now and then. So you will have to change or create more and more strategy based on the market condition. That is why we choose one system which has many different options and strategy, but they fall into one system. AKA Technical Analysis. This is a system to do it in a way that could match many market situations to give you a good understanding on market.
|
|
|
|
savetheFORUM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2023, 06:24:23 PM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Everyone has to go through success and failure in their lives for whatever they do or like to do, success gives us the motivation to do more while failure teaches us what we shouldn't do again in the future, so both of these are vital elements in any endeavor one may go through. When it comes to cryptocurrency trading, technical analysis will probably play a vital role depending on your trading habit. If you are a long-term trader, who mostly likes to buy and hold cryptocurrencies for profit, you wouldn't really need to know a lot, but if you are a short-term trader, who trades to get profit in short periods of time, you will definitely need to learn all about technical analysis, chart reading and stuff to help you evaluate market moves more accurately.
|
|
|
|
kamvreto
Legendary
Offline
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 16, 2023, 02:52:40 AM |
|
~snip~When it comes to cryptocurrency trading, technical analysis will probably play a vital role depending on your trading habit. If you are a long-term trader, who mostly likes to buy and hold cryptocurrencies for profit, you wouldn't really need to know a lot, but if you are a short-term trader, who trades to get profit in short periods of time, you will definitely need to learn all about technical analysis, chart reading and stuff to help you evaluate market moves more accurately.
Short-term or long-term both need to know more details about trading. Although those who trade long-term are more relaxed, they must also prepare a good strategy when the market is unpredictable. Many who initially decide to do long-term trading but end up with a cut loss, it's because they are not sure where the market will go. Or even those who trade short-term must be more careful and must be quick in determining their position. Profits are fast and risks are also higher. Large capital also determines their profits and losses.
|
|
|
|
LastKiss
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 16, 2023, 05:27:49 AM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
If you're earning a good amount and comfortable with your gut and able to read the chart then just keep going, if you're looking for more knowledge to make your trading risk is lowered then technical analysis, or fundamental analysis is important when you're trading frequently. Any skills in crypto will help you earn more in the crypto space, not only in crypto when you have a lot of skills or knowledge your life will feel handy.
|
|
|
|
Huppercase
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 16, 2023, 07:22:50 AM |
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here. P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here. Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
If you lack an understanding of technical analysis, why venture into trading? As a trader, technical analysis serves as your roadmap to the market, enabling you to cautiously generate profits while minimizing losses. Losses are a normal part of trading, but with the aid of stop loss and risk management, they should be kept to a minimum. You've been around for over two years in the forum and it seems like you still haven't grasped technical analysis. Have you considered buying and holding crypto instead of trying to learn trading? It has been proven that the most straightforward way to profit in crypto is to buy, hold, and sell once you've achieved significant gains or the profit that satisfy you, you should try that isntead.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
|