Post
Topic
Board Speculation (Altcoins)
Re: Sentiment analysis or Technical analysis, which one is best to make good trading
by
carter34
on 28/08/2019, 17:59:05 UTC
...when there is a strong sentiment about any coin whether it be a positive or negative technical analysis doesn’t work.

I think that the above can be miss leading in my view so that newbies don't just dive in like that when they see or feel sentiment is taking over the market. Even a careful study of TA would still show the direction of the market or sentiment. I have noticed that too, I feel TA won't just be redundant when sentimental traders come in.

But the problem I faced while doing sentiment analysis is, it takes so much time and effort to continuously watch all the news on different social media to find out the sentiment

Yes it is not easy to research on what will make you successful. It is worth it at the long time but if you don't do your research, you will keep begging the market.  Grin