Post
Topic
Board Trading Discussion
Re: Is technical analysis useful?
by
cryptojaani
on 22/06/2018, 17:31:01 UTC
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Yes, I do believe that information gathered from technical analysis are reliable. But make no mistake, I do not mean to say that they are accurate. They are not. They are good only to some extent but not to the point that they are 100% bull's eye. That will not happen, never. Technical analyses are as good as an educated and well-analysed guess. Either way, it is still a guess. The point is that there is higher probability with an educated guess than those that are simply bare guess.

This assuming of risk exist in all the businesses and therefore I am not considering it a risk because I know that, I know the knowledge of Bitcoin and other crypto market coins. I have never been busted and no one will ever bust if knowledge is here. The technical and expert analysis both are necessary to here and watch what is going on in the market. Keep updating about the market will result in making your decisions to the right direction.