Do you think that Beginners need Technical analysis?

[ambar33n]

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.

[CryptoZenWorld]

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.

[cryptothief]

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**.

[sibolis]

As a beginner I need to know what is technical analysis first mean first. 

[Dark_Soul]

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

[Mntree]

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.

[husanchaika]

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.

[husanchaika]

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?

[aji678]

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.

[Anggit]

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.

[inewoods]

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.

[densuj]

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).

[Baby Crypto]

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.

[tamango]

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.

[thanks rye18]

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.