Introduction
One of the things that intimidated me when I started my journey in the crypto world was doing technical analysis (TA). Stay in front of a screen and try to predict where the market will go next is not natural for me. I always avoided learning the basic and foundation of this obscure science.
In life, you need to make a decision and dig deeper into the subject that you avoid to learn. We can clearly see that many people are very successful with simply looking at the charts and try to find sexy patterns.
My first touch with TA
I came across crypto TA while doing some course review on Udemy. It was at the end of 2017, during the crazy bull run, when people wanted to learn and profit from this market.
Those courses only provided a small introduction and never dig deep into the subject with a professional manner. Even I felt exhausted and my synapses were solicited at 100% to try to understand those indicators!
My new stream of income
I am working hard to find other streams of income in the crypto world and is not easy.
My main focus is always toward my crypto blog and the Steem blockchain ecosystem where I am very stimulated by the DAPPS space. It is not enough to live from them at the moment.
I got the idea to start trading seriously and decided to invest my time and energy from now on to make swing trading. I made my first trade and I am waiting until the asset reaches a certain amount of money to sell it.
Crypto trading education
I love to learn and apply the knowledge gain from it, it is the only way to evolve my skills. I have accessed 4 courses on Udemy and plan to retake the portion in TA. Also, I started to read the book, "Technical Analysis Financial Market.”
We need to stay open to absorb new information even if we are scared!
Conclusion
You might see in the coming weeks some experiment analysis with TA from me on some solid projects out there. It is an exciting space even if the market is not the best.
You can make money in a bullish and bearish crypto market!
You can also check those articles:
- The Beauty and Bright Future of Cryptocosm Economy
- What Qualities you Need to Success in the Crypto World
- Block’tivity – The Hidden Treasure to Make a Good Crypto Investment
- Why I am Very Bullish and Love Steemit?
- A Lifetime Opportunity – The Social Networks Coins
Posted from my blog with SteemPress : https://chesatochi.com/mnext-stream-of-income-crypto-world/
I'm interested in swing trading. I feel that there is a lot of profits to be made in that area.
It's difficult to find a reliable and in-depth source of information for learning TA. I'll be following your journey.
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I have a long journey ahead of me but my mind is ready to learn this new skill.
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That's a very good idea, learning TA if you are somewhat serious about earning with crypto. That you you don't follow the crowd. I started learning in a a website I really recommend. It's more about forex, but they have a fantastic explanation of all the perks of TA. It's www.babypips.com, and the course is free. Give it a look! 😉
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Wow, thank you so much this website, I bookmark it and I might be referred to it later on. The knowledge from TA applies to any market out there. :)
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My pleasure, knowledge is to be shared! And I loved that course, they do a wonderful job explaining everything!
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Good luck in your new project with technical analysis. I read a book on technical analysis many, many years ago. Seemed too complicated for me but the tools available are much better these days.
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Thank you @Steven-patrick. What is the title of the book you read?
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Great to see you are always digging and learning new things, some stuff I sometimes learn from you. I will keep an eye on your upcoming posts on this subject...
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I believe knowledge should be spread freely and is not worth to keep only for ourselves.
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True
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