Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ambar33n on July 15, 2018, 11:07:38 AM
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
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To win in this crypto market everyone should need to do technical analysis. Without technical analysis, it is hard to predict the market price of cryptocurrency as well as any new project. So, i think to be a successful trader and to invest in any ICO, it is really important to have the technical knowledge to do a technical analysis.
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Absolutely TA is important to beginners, but don't try and run before you can walk. Gradually build up your knowledge of the different types of TA to ensure understanding of the patterns. It is worth spending the time learning before starting to trade, your portfolio will thank you in the long term. I made that mistake when I first started investing, and got lucky for a short while, but it soon came back to bite me in the a**.
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As a beginner I need to know what is technical analysis first mean first. :)
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Technical analysis for cryptocurrency? For a beginner? It doesn't work well. It can be used for bitcoin, but for others it's not good.
it's better to focus on events associated with a specific coin
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
I agree meet.Technical analysis was more important to lead us to the right way.We should be wise in joining crypto because many good and bad things sorrounds this crypto world.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
Being professional trader, I can say that technical analysis mostly needed by short-term traders.
Institutional investors alongside with technical analysis pay attention to fundamentals of projects.
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Technical analysis for cryptocurrency? For a beginner? It doesn't work well. It can be used for bitcoin, but for others it's not good.
it's better to focus on events associated with a specific coin
Yes, you are right.
Technical analysis works better in bitcoin, because it's high popular and the most liquid crypto asset.
For altcoins it's better to look at fundamentals.
But I didn't understand on what kind of events to focus?
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Technical analysis is one factor that hard to learn here in crypto specially when talking about trading,because the movements wasnt stable and will only add some questions to your mine,
Maybe its easier to learn some strategy over online sites like YouTube which lots of teaching lessons that applicable for newbies.
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I agree with you, a beginner must have an analysis before investing, because the analysis is very important, so we know how to overcome the right and can predict it.
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They do not need this skill if they are looking for a long term investment in crypto however if they want to be a day trader for crypto equipping with this skill is always better.
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When the beginners member wannabe trading alternatives coins, technical analysis is needed by them because it will helps them when reading the movement of price, so they will know when to entry and exit market and they will know about the trend of price (up trend or down trend).
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
I think beginners need keep calm. The basic strategy is buy when low and sell when high.
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I really don't care about technical analysis because I'm not a day-trader but a "buy & hold" person so there's no need of spending lots of hours doing technical analysis for this kind of stratregy.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
Yes, it is very important for beginners to learn even the basics of technical analysis because this is one of the reason why most new investors are losing their investment since they are not aware on how to choose the right coins and the strategy to apply most especially during bear market.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
Being professional trader, I can say that technical analysis mostly needed by short-term traders.
Institutional investors alongside with technical analysis pay attention to fundamentals of projects.
I agree mate. I think technical analysis for shor term trader. If you prefer hold for long term, be patient is the key.
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We must be wise in joining Crypto because there are many good and bad things that surround the crypto world. Technical analysis is more important to lead us in the right direction. Especially crypto trading.
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Sometimes that is also true because technical analysis needs special expertise, unfortunately technical analysis needs to study it in detail and thoroughly. for those of us who don't understand about technical analysis sometimes using fundamental analysis based on movement of topics in various countries.
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Technical analysis is a big help but I do not advice it for newbies. It is only helpful and secure if you already have understanding on how they analyze the fluctuations and having some technical analysis from others.
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for beginner traders in crypto most things to know
1-information about bitcoin & altcoins
2-need to monitor bitcoin movement
3-need to know basics of how to choose his investment coins
4-need to read and ask at forums
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in my opinion, for beginners or those who have long been trading, they really need technical analysis, because we don't get lost in trading and we can get the benefits routinely.
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Technical analysis is a subject good to know, however for beginners to start off in crypto technical analysis can be forgo and after you get hold of crypto basic then you can consider to read upon some TA
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Yes, I agree. Technical analysis is very important for everyone not just for old timers but also for Newbies as well. That is why people should educate themselves prior to make any investment with cryptocurrency. Learn as many information as you can through reading and the knowledge you earn could be use in understanding the market trend movement. The best for now is just to buy during dips and sell when the market price is on up trend market.
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Yes, a beginner who joins crypto currency needs a good analytical technique in trading. He must be good at seeing the potential of each coin to be purchased. In addition, he must be able to determine whether the coin will be purchased, whether for long-term or short-term investment. Both of these are very important to be done by new traders and old traders.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
I believe also, it is quite difficult to make an investment move without knowing the background of cryptocurrency. It is not the same to the physical money. It is best to make a research first.
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It might be better for beginners to choose a long-term investment, and if they already understand crypto they can do their own analysis.
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You are right. To analyze price movements, it is necessary to historical data and graphs. The accuracy of analysis is not entirely valid, but at least close to the real price. For short-term investments, technical analysis is the basic foundation for getting started. My simple analogy, technical analysis is our preparation and equipment before camping on a mountain. If we don't have enough equipment such as clothing, flashlight, or food, then we will be constrained and uncomfortable in camping.
Same as in this case if we don't know about technical analysis, we will not know when is the right time to buy, and when is the right time to sell. So, technical analysis will help us determine when to buy, and when to sell coins.
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That's for sure. Technical analysis has considerable importance when dealing with the world of cryptocurrency. This importance comes from the fact that the cryptocurrency business has become a field of study that is going to change many human concept regarding jobs, for example. Therefore, it has become an insisting need to apprehend the fundamentals of technical analysis so that you can deal with the market properly.
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For me, the beginner needs everything because he doesn't understand the Crypto World as a whole. We recommend that if friends here have accurate and useful information, both formal and technical information can also be donated to beginners in this forum.
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Yes of course, as they are just still beginners, they don't have much knowledge about how cryptocurrency works and other related things about it. They still unsure of what decisions to make as they don't have experience yet. They might have encountered scammers because it's really confusing now what websites or people that are trustworthy and reliable. In my opinion, beginners should especially search more information about crypto like how to analyze the unstable values, how it works etc. and also some related topics. They should ask experienced persons whom he/she can really trust to ask questions what to and not do.
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They do not want this skill if they may be searching out a long time investment in crypto however in the event that they want to be an afternoon trader for crypto equipping with this ability is constantly higher.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
Yes, it is very important for beginners to learn even the basics of technical analysis because this is one of the reason why most new investors are losing their investment since they are not aware on how to choose the right coins and the strategy to apply most especially during bear market.
I think there is no reasons to have technical analysis in beginner the important is you understand the rules of the campaign that you are like to join and be patient.
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As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
If you want to do trading, I think You need technical analysis. For long term investment, You need buy and sell at the right time.