Quote from: DevilSlayer on January 09, 2020, 04:36:53 AM

Quote from: Edraket31 on January 09, 2020, 04:23:46 AM

Quote from: Periodik on January 09, 2020, 03:38:30 AM

Quote from: yamasis on January 08, 2020, 04:56:22 AM

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.

It is worth it if you want to make some profit by trading on a daily basis. You need the skills to read charts if you are a trader. If you are trading without such skills you are like a blind man trying to catch fish. You will surely end up with nothing.

But if you are not interested in analyzing price charts, you should shift to simple hodling. That does not ask much from you. All you have to have is patience.

Most of the traders are relying on chart reading for their daily trades but of course they are still considering a lot of factors before they will finally conclude when is the time to buy and when is the time to sell, yeah patience is very needed for this, as the market is sometimes unpredictable and hard to read.

The price are unpredictable if you will not use any kinds of analysis. Using technical analysis can help us to forecast the price of the bitcoin, I'm one of those traders who are relying on chart and price action. It is important to rely on chart because chart doesn't lie and it can help us to determine the right time to buy and sell. Having technical analysis skill can help us to improve our knowledge and trading skills.

If you are a trader, it is not an option to study charting or not. It is a must. How will a trader decide on his calls if he does not have anything to back it up? But make no mistake, the price has been, is, and will always be unpredictable. But charting will at least guide a trader in his decisions. Without that, he is just, again, blind.