Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
the most important indicators are hype and fomo, so you can invest in hype altcoin to get profit, but of course you shouldn't be greedy and have to sell it immediately if you get profit (my advice is 10-20%), but if you want to invest safely without paying attention to indicators, then you better invest in Bitcoin, because when market conditions are good, then of course the price of Bitcoin will definitely increase the first, so you will definitely get profits from investing in Bitcoin quickly.
I think for short-term trading maybe the EMA and RSI indicators are more suitable for me, everyone will have different views. if you are a newbie, of course, don't be oriented towards quick profits, but knowledge about trading must be mastered first, so that later profits will follow in accordance with mastery of our knowledge and of course experience. there are many indicators, and we can combine them, but choose a maximum of 3 indicators, so we don't bother reading them
Exactly, knowing the factors that may move the market should be learned first.
If you have better knowledge and you gain those ideas when to trade the right way, the winning chance of your trade is better,
unlike with those who think trading is an easy passage to earn quick, they are at risk each time they position their trades, not
knowing how to react each time market moves, it's like placing a bet in gambling where they will lose and be frustrated.