Do I need to understand how candlesticks work as a long term crypto investor?

[Min George]

I always see those candlesticks when I try to open a tokens dashboard on a crypto exchange. I don't know a thing about how the candlesticks work.

Do I really have to know how the candlesticks work as someone that wants to hold crypto assets for years?

 

[Suba]

Of course, even if you're a long-term crypto investor, it's highly recommended that you understand and be able to read how candlesticks work, especially when determining when to enter and exit. Candlesticks are very useful for reading market trends,

 

[Nomad]

if you just want to invest, there is no need to study candle stick chart, however, it is important skill for trader.