Post
Topic
Board Trading Discussion
Re: Do You Use Technical Analysis?
by
Emitdama
on 06/11/2021, 21:45:14 UTC
Do you use technical analysis when you trade bitcoin?
If yes, what are the best strategies? Bitcoin is so volatile now.
TA is not something that you should be doing something with exact precision profit making. Thats not going to end up with a lot of profit if you just focus on that, sure there is a chance that you may, but that is not always the case and if you get ready for profiting each time then you are going to make a loss.

Just use it like a tool, and consider TA as something that "helps" you but not the main thing, if you could do that then you will be fine. Add in a lot of stuff, like community size, project creators involvement, decentralization if possible, the road map and many other things basically and if you could still get a nice thing then TA on top of that would be fine.