I'm new to crypto investing and I'm interested in using technical analysis for long-term crypto investments. Is this a good idea? What are the benefits and drawbacks of using technical analysis for crypto investments?
I've read a few articles about technical analysis and I understand the basics of it. I also know it can be used to identify trends in the market and to make predictions. But I'm not sure how it applies to crypto investments and if it's a good way of making long-term investments.
I'd love to hear from experienced crypto investors who use technical analysis for their investments. Could you please share your experiences and advice? Are there any key elements to consider when using technical analysis for long-term investments? What should I watch out for? Any other tips or advice would be greatly appreciated.
I've read a few articles about technical analysis and I understand the basics of it. I also know it can be used to identify trends in the market and to make predictions. But I'm not sure how it applies to crypto investments and if it's a good way of making long-term investments.
I'd love to hear from experienced crypto investors who use technical analysis for their investments. Could you please share your experiences and advice? Are there any key elements to consider when using technical analysis for long-term investments? What should I watch out for? Any other tips or advice would be greatly appreciated.