Post
Topic
Board Trading Discussion
Re: Is Technical analysis a must know in crypto trading?
by
Pamadar
on 21/06/2023, 22:29:20 UTC
Suppose you are going to start crypto trading and you don't know about technical analysis then how you will manage your trading? Where you will set entry and exit point and the most important thing is that which coin you will choose to trade. Suppose you choosed a scam coin to trade and they failed to pump and you will be in lose automatically. There are a lot of cryptos in the market and all are not potential or a strong project. Also if you buy a good coin but don't have risk management then you will surely can't survive in this volatile market.
So before starting Crypto Trading technical analysis is a must to know. You can learn about it by reading articles from Google or from YouTube.

Your trading is like gambling. Without proper knowledge, you are just relying on luck,

Most of the time, those are the people who got influence by people who are already inside this industry, thinking that they
can easily duplicate the success of those people, they are just placing their investment according to how they were are being
told, without any idea of what you are doing, for sure you are mostly losing your money. Always have the time to study. TA is
one good factor that you can use when entering this kind of industry.