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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Rainbowwww on May 21, 2018, 05:16:47 PM



Title: Luck in cryptoeconomics is a myth?
Post by: Rainbowwww on May 21, 2018, 05:16:47 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kimochidesh on May 31, 2018, 07:40:24 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
No, it’s not a total myth even. I think luck does play a role, though to certain extent only. Because I have myself seen such people who have no knowledge of market, technical analysis, graphs or any study, but still they earn sufficient profits. So if it not luck then what? But at the same time I believe that one should leave everything up to luck or your destiny. If you study the market properly and do all such stuff you can make out that when it would the proper time to buy or sell.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: MISS_nSTASSY on May 31, 2018, 08:11:37 PM
How can you calculate the future? If you have the method, share please, I will share share my profit with you with no doubt ;D
Seriously, it is not the math thing in generally, but, as always, perfect combination of math and luck. And I think the proportion is 80/20, where calculation is the majority.
Those who can describe their investment decision in numbers only - they can loose when those who bought depending on currency's logo color can win. But it is much better to know your risks ;)


Title: Re: Luck in cryptoeconomics is a myth?
Post by: pearlsome on May 31, 2018, 08:12:59 PM
I cannot agree with you. I'm not lucky. I'm an ordinary person with a logical mindset and trying to analyze. So, I have a friend. I cannot say that he's stupid, no. He reads a lot about cryptocurrency, he's in some closed communities. Here I will tell you a couple of examples of his experience and you'll see that luck exists.
1. Red flags appeared in one project. All about it quickly learned and sold. He was on the plane, then there were problems with the Internet, a secure connection, in general, he couldn't sell on time. And you know what? The red flags turned out to be rumors and the coin made X3. We sold a cheaper purchase, and he is in luck.
2. One pool collects for participation in one ICO with very good discounts. But my friend had a problem with the computer. For a day the pool was collected and my friend didn't have time to participate. He was very upset. And you know what? This project is traded below the ICOs price three times. Now he understands that he is in luck. ;)


Title: Re: Luck in cryptoeconomics is a myth?
Post by: vlad230 on May 31, 2018, 08:27:27 PM
Yeah, I agree the majority of investors base their investments on a lot of research, but you have to agree that some are just blind luck.

Since we had the Bitcoin Pizza Day anniversary recently (https://bitcointalk.org/index.php?topic=4143199.0) think for a second about the guy that received the 10,000 BTC for which he paid $41 and then sold for $400.

Wasn't that blind luck?


Title: Re: Luck in cryptoeconomics is a myth?
Post by: LancelotRay on May 31, 2018, 08:29:33 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

But on the other hand, there are many people who invest seemingly randomly on some random coins, without any analysis or reading the whitepaper - and luck out.

To me, that's sheer luck. And this happens more often than you think, so.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Aleksandr_ov on May 31, 2018, 08:34:01 PM
luck is a good tool not only in the crypto world but I'm here analyzing the crypt market and here the impulsiveness is waiting of course it justifies its result, but the conservatism which is present in the tracational form of investment here is not enough!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: skelethon on May 31, 2018, 08:41:43 PM
It's unusual, but it happens, and quite a lot.

You could be reading whitepapers all day and someone might invest in a random ICO and 10x their investments. Nothing you can do about that I think.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: JTEN18 on May 31, 2018, 08:45:07 PM
I do believe in Luck and I don't think it is a myth. I don't think all the people involved in crypto have required knowledge and expertise but still they are doing it. Yes, it is true that most of the people try to analyze the project or market with their knowledge but the success or failure depends on luck for sure. Because you never know what going to happen in future.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: altsMlk on May 31, 2018, 08:51:18 PM
Its not a myth. If you did a trade without analysis, just like gambling you may win of loss. Depends on your luck. But for us, traders and investors We can not depend on the luck. Analysis is the key of success. 


Title: Re: Luck in cryptoeconomics is a myth?
Post by: sunX3 on May 31, 2018, 08:52:37 PM
Its not a myth. If you did a trade without analysis, just like gambling you may win of loss. Depends on your luck. But for us, traders and investors We can not depend on the luck. Analysis is the key of success. 

Yeah, well said. It really is just like gambling, since you're relying on things outside your control and hope for the best.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: AliErkic on May 31, 2018, 08:56:15 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Yes right, good words. The hardworking ones will have success and find the right and profitable project.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: david0ikari on May 31, 2018, 09:01:05 PM
It does not exist...a lot of research, patience, before investing in the right project with the better ROI..I now people around me the lost 70 % of their portfolio... buying just in the final spike of January...So yes, I know luck is a myth


Title: Re: Luck in cryptoeconomics is a myth?
Post by: manlyxman on May 31, 2018, 09:01:49 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

True, you NEED and SHOULD do that. But a lot of people don't. And a lot of times they got burned but not always. Some get lucky, and make a profit, what can you do. Is it arguably the wrong way to go about trading? Yes. But does still work? Also yes.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: laracastvue on May 31, 2018, 09:02:16 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

There is no need for you to have luck in order to get wealthy in this industry, joining on bounty campaigns and trading in the market at the same time will make you rich in just a few months.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: profit-shooter on May 31, 2018, 09:07:26 PM
Yes, buddy, I would say that luck is a myth. If you want to win in the crypto world, you must learn a lot and especially technical analysis that is going to be the main one if to compare with fundamental indicators. Another thing is practicing a lot in indicating support and resistance levels!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Sarastiche on May 31, 2018, 09:16:24 PM
Base on my  experience in the few  month in crypto am beginning  to believe that luck tend to have its place sometime, certain ICO  that you expect to do well tends to get to the market and have a drastic fall, while the coin with less hype tends to do well, it always discouraging at times, just keeping hope alive.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: JeffBrad12 on May 31, 2018, 09:19:36 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Luck is a luck, it doesn't have any relationship with myth. I have put around 5 ethereum at the ONT ico and it has been returning again with more than 70x profit just in short time. If you are investing in the right project and that means you has been getting your own luck. if you are getting a decent profit from your trade and it can be considered as lucky too.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: barlo357 on May 31, 2018, 09:20:59 PM
For me its not a myth and luck knocks once sometimes twice only and you need to grab that immediately so that it will not loose,  but here in crypto don't rely on luck you need to learn every details here in bitcoin for you to able to succeed.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Tlongbottom on May 31, 2018, 09:22:42 PM
As a small time investor, there is some luck in play. You can do all the research you want and make an educated decision on what you invest in, but you can’t control what a whale is going to do. If they want to pump it or dump it, you have no control over it. Then, you have no control over the rest of the market’s reaction to that move. Long term I would say there is less luck involved, but day to day move are so unpredictable that you have to have a little luck on your side.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: 13ex07 on May 31, 2018, 09:27:25 PM
Knowledge, warmth and luck are the ingredients of success. However, success can replace both knowledge and patience. Read about Timothy Dexter


Title: Re: Luck in cryptoeconomics is a myth?
Post by: OluwaTosin10 on May 31, 2018, 09:31:55 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Crypto currency is more like a college
If you study, and prepare well, you excel

If you fail to study and invest in icos and trades; you end up in loss
Which can bring more debts than profits

Thus ignore luck and work on each investment you want to make


Title: Re: Luck in cryptoeconomics is a myth?
Post by: mobilestrike on May 31, 2018, 09:49:39 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
I do not think that it is better to follow the luck in cryptocurrencies and believing on luck just put our money in any project because if we will not review any project and will invest our money in that project then no one knows that what will happen next with our money but only experts and if we will not follow that opinions from expert then it will like we are doing gambling. Doing a research for investment is the real investment otherwise it is gambling.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Classica35 on May 31, 2018, 10:50:53 PM
Yes, you are right, it is a myth. There is nothing like luck in crypto. How far you can go, will  the determine how well it will be. Try as much as possible to to study the project you plan investing in.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: danielphilip574 on June 01, 2018, 06:24:43 AM
I do believe in Luck and I don't think it is a myth. I don't think all the people involved in crypto have required knowledge and expertise but still they are doing it. Yes, it is true that most of the people try to analyze the project or market with their knowledge but the success or failure depends on luck for sure. Because you never know what going to happen in future.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: steplaza on June 01, 2018, 06:28:01 AM
Luck play a major role, the only thing greater than luck is inside news. You can develop skills and experience in understanding the market, but there is no way your skills will overcome the unpredictability (luck) or the advantage of knowing inside news
 


Title: Re: Luck in cryptoeconomics is a myth?
Post by: ginobitcoiner on June 01, 2018, 06:39:00 AM
yes, you are right that before we make an investment, then we have to do a lot of research and discussion and this activity is depleted of energy, mind and time. the last thing is luck, because not all good projects will make a profit.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: chickenado on June 01, 2018, 06:45:00 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Yes I agree with you too, I remember during my early days of my bitcoin experiences I was struggling everyday on how to earn. But I persevered and work hard on it. Luck is just a small percentage in bitcoin. You really have a chance here if you work enough and study the ways of how to earn this is very applicable for the new comers Who are still confuse on how to be able to get a free satoshi. Read more here in bitcointalk, do your research and believe one day you can achieve your goals because you can really gain A FREE satoshis/bitcoin if you work on it just like I did.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: IamAltcoinfan on June 01, 2018, 06:49:47 AM
Yes there is very few people exist running because of luck but for real benefit and for great profit there should be lots of effort . Even after investing we should follow the group and community . I have done investment by doing lots of Research before investing in ctr, postoken finally my investment gone to disaster by not following community. Atleast I could follow would cutoff my losses.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: batang_bitcoin on June 01, 2018, 06:56:33 AM
Luck does exist.
You're lucky if someone from your friend shared you about cryptocurrencies while you are somewhere doing nothing and was looking for a way to earn.
But getting into the crypto economy, I agree that you shouldn't lean on it. The market is tough enough and if one is depending on his luck, he'll end up bankrupt.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: btccrusher on June 01, 2018, 07:03:45 AM
Luck exists while analyzation plays the major role. Investors have to analyze everything for success, also have to be fortunate. Many sure-success projects died even after a great analyzation. Study more and working hard can bring us the fortune in Bitcoin.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: culberth on June 01, 2018, 07:04:21 AM
No, it is't myth. Luck is the main factor of cryptocurrency. Even when you have analyzed as best as you can, still if you are not lucky, then it will be useless. Cryptocurrency is like legal gambling which results can be influenced by analysis.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: cryptocrypt on June 01, 2018, 07:13:48 AM
Yes, I think it's better. Take into account everything, analyze and so on I think it is very important. Because it is our acting in the future step or in making decisions. But besides that sometimes what we calculate the beginning of the truth is more than what we calculate. I think that's what's called luck, a result that goes beyond what we calculated before. Myth or not, it depends on your suggestion in interpreting it all.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: hxtxlcb on June 01, 2018, 07:36:18 AM
Only analysis is not enough. I think luck is also very important. I once heard that "luck is also part of strength." I think it makes sense, but when we choose to invest, the first thing we need is Your calm analysis of the project!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: CrazyJoker on June 01, 2018, 07:49:41 AM
Any investment involves risk, so luck does not play a big role here. To achieve some success in the cryptocurrency industry, you need to read a lot, analyze a lot, and acquire knowledge through trial and error. Luck is good, but not in cryptocurrencies, it's better to rely on your mind and rationality.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: oliviancool on June 01, 2018, 08:42:22 AM
I think that crypt is a kind of gambling for inexperienced traders and sometimes it happens that someone is lucky to buy the right coin and at the right time.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Valareos on June 02, 2018, 11:53:20 PM
Trading is a gambling.
By using a proper risk management (like 2% rule) one can reduce the role of luck in the long run.
Short term luck is very important imo...


Title: Re: Luck in cryptoeconomics is a myth?
Post by: SindiRokRok on June 03, 2018, 07:23:43 AM
We choose a coin, buy it, and wait for the price to be higher. I think it does not need the hassle we create ourselves.
Sometimes we are lucky, sometimes we are patient waiting longer.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: rollingstorm45 on June 03, 2018, 07:25:55 AM
take a big risk, as well as being ready with great regret
if you do not want a big regret, then play with little risk
do not make cryptocurrency a weapon to poison people with negative doctrine


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Revolvere on June 03, 2018, 07:39:01 AM
Maybe you always buy the wrong coins, or if you buy the right coins, you buy them at the wrong time.
No other term increases 10 times in two months except luck.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: shiningstar on June 03, 2018, 07:43:28 AM
Well luck do exist but it's not something that you can depends on, it's the same as my friend who knows nothing about trading, he bought iota and ride the wave back then in the december, but after that he lost almost all the profit he got with several other bad trades. He has luck in the beginning but if he knows how to trade then he won't lose that much money.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: oscarrsm on June 03, 2018, 09:19:07 AM
I also think that the key to successful investment is a symbiosis of mathematical calculations and good luck.
Hardly you will be successful enough only thanks to luck. Without certain knowledge, it is better not to start investing at all.
You don't invest your money in any bank that you met only for luck. You choose the most reliable bank.
The same situation with investing.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Crypdon on June 03, 2018, 09:22:06 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

I think there is an element of luck involved because it is impossible to predict what happens in the future. Did anyone know that bytecoin would get listed in binance and then rise up X%! Unless you have a link to someone working there for insider trading i would say luck is a big part of it


Title: Re: Luck in cryptoeconomics is a myth?
Post by: lunaelucemauram on June 03, 2018, 10:13:30 AM
In reality even if you analyze the potential projects and re-analyze the tokens in exchanges luck still plays a good role in having higher profits. As we know even if we have the indicators of a potential moon of different cryptos not all of it will give you higher profits and it is good luck thatt will land you to a token that will give you high profits.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Yara1996 on June 03, 2018, 10:20:12 AM
You say everything right, but I'm so that even the best project fails, believe me here too, you have to have a good luck!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: farland7 on June 05, 2018, 08:21:27 PM
This is a rather difficult question. I think that it will be difficult to answer for sure. I was not particularly lucky in crypt, but I think that as a whole we can’t be here without it ..


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Mr.Noda on June 05, 2018, 08:40:42 PM
I would say investing in coins by playing roulette! In fact, it is! You will be lucky so in any case you should invest only those funds that are ready to lose...


Title: Re: Luck in cryptoeconomics is a myth?
Post by: frediiii on June 06, 2018, 05:11:26 AM
I think that if a trader is not experienced, then he basically hopes for luck because he does not understand much about the crypt. Some people are really lucky.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Indrawan77 on June 06, 2018, 05:21:48 AM
Well sometimes with only luck you can make money, who knows the coin that you bought can be suddenly pump by other people, but in trading or investing may not only rely on luck, but you need skill, luck can only make you earn profit sometimes not all the times, so you can't rely on your luck to make profit but you can rely on your skill to make profit


Title: Re: Luck in cryptoeconomics is a myth?
Post by: styca on June 06, 2018, 05:24:15 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

I think that luck has to play a role. Even with all the knowledge in the world, you can't predict price movements with 100% accuracy - therefore luck has to play at least a small part. The only exception I can think of is if you're enough of a whale that you can rig the market for a certain coin.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kruzer200 on June 06, 2018, 05:26:09 AM
It seems to me that experienced traders in the crypt rely on knowledge, experience and technical analysis, so there is no luck, only calculation..


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Twentyonepaylots on June 06, 2018, 05:33:29 AM
As a small time investor, there is some luck in play. You can do all the research you want and make an educated decision on what you invest in, but you can’t control what a whale is going to do. If they want to pump it or dump it, you have no control over it. Then, you have no control over the rest of the market’s reaction to that move. Long term I would say there is less luck involved, but day to day move are so unpredictable that you have to have a little luck on your side.

 Crypto currency investment profits or gain in not a luck, there is no luck in investment, the reality is you may lost or gain some from crypto trading market. the amount you are investing in, is just the same amount of risk that you are facing in every investment into crypto currency coin. if you were able to invest in crypto coin when the market value is low, then after a period of time the said coin appreciate or increase its price value into the market, that i would say, a very good timing of investment.as expert say's" Buy low and Sell high"


Title: Re: Luck in cryptoeconomics is a myth?
Post by: dimon01 on June 06, 2018, 12:29:17 PM
Given the fact that in the crypt you can not completely take everything into account, there is always a risk and unforeseen circumstances, then I would say that some of luck is present.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kingnony on June 06, 2018, 12:46:50 PM
I do believe that in everything in life, there is always an element of luck in all we do. Though some of us are not always lucky. In cryptocurrency, luck still plays a role atimes. Example is you logging into your exchange account and sold your coin some minutes before market goes red. If you are to say one can't relay 100% on luck when making investment decision, I will go with that, because one needs to do an in-depth study of what he/she is putting his/her money into.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Weirdwas on June 06, 2018, 01:19:17 PM
I wouldn't completely call it a myth. You do need to have good timing and knowing when the best time is to buy or sell, but thanks to not knowing when values will increase or decrease, luck would be a factor. You could time selling a certain amount only to find it increase even more, or you could wait just a little to longer only for a drop to happen. Once it starts dropping you could sell or hold just to find it continue to drop so I would say luck definitely plays a factor but doesn't determine everything, the rest is all you.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: fortelen on June 06, 2018, 01:26:10 PM
I know that we are here full effort, working day and night to analyze and complete the tasks to get more profits. very second is valuable to watch the graphics on the market. ALl efforts, time, and energy are spent for earning more profits. But, sometimes, we are unlucky and we got lost. But, sometimes, we are so lucky and everything nice. Despite your beliefe, I really believe that luck is not a myth. That is what many people hope the lucks after their big efforts to come.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: maichimoto on June 06, 2018, 01:27:08 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Well it's about questioning the term luck in general then I guess. How would you call it if someone just joins the airdrop and then gets the token that grows a lot? For someone it might be luck, but you can also say they he joined the airdrop, so it was not lucky...


Title: Re: Luck in cryptoeconomics is a myth?
Post by: fulmetal08larz on June 06, 2018, 01:35:30 PM
Investment in crypto currency should not be relied on luck. Just like you said, in order to be profitable with crypto investment, We need to do our own research and our own analysis on that matter. We should also have our own strategies and goals and take only the advice applicable to your risk profile. Being able to take profit once you have achieved your own target price, and triggering your stop loss a few ticks below your entry point needs both discipline and patience.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: vike on June 06, 2018, 01:37:38 PM
I'm not sure that here someone earned on the fact that people just got lucky, they worked very hard and tried perhaps in another area of life and earnings on the crypto currency is the result of their efforts  :)


Title: Re: Luck in cryptoeconomics is a myth?
Post by: MoonIsBlue on June 06, 2018, 01:45:07 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Quote
''Luck is the combination of preperation and opportunity.''

- A roman philosopher (forgot the name)


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Adunni6758 on June 06, 2018, 01:50:13 PM
It depends on what you define as luck. As far as i am concerned, luck also counts, because there are times you might analyze some projects and you come up with a good evaluation that the project is good for investment, yet the result might not be good. Although, i won't deny the fact that analyzing a project counts and that it works, but i would say that luck has worked for me


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Jating on June 06, 2018, 01:52:08 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Of course everything in life has something to do with luck, so with that said I believed that you need to be lucky to make a lot of profit in crypto. But I'm not saying that you have to base it everything on pure luck, you have to study and do your homework as well because money will not come to you that easy.

So luck + hardwork = making money. Just saying. We can have arguments about it, but I'm talking based on my actual experience here.



Title: Re: Luck in cryptoeconomics is a myth?
Post by: FreddySelvig on June 06, 2018, 01:53:09 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

The crypto market is sometimes very unpredictable. Therefore luck is very important. I had a case where I hold a coin for two months. As a result, I sold it at a loss and after 7 hours it showed me + 73%. The question is, do you need luck here? :(


Title: Re: Luck in cryptoeconomics is a myth?
Post by: waaat? on June 06, 2018, 01:55:59 PM
Not, it's not myth. You can research a long time but any project the first is a team and people. And who know what will happen. I saw situations when team leader leave project and project die. And some other situations.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: spike420211 on June 06, 2018, 02:02:59 PM
Sometimes luck does play a role in crypto. My friend had a lot of coins and he did not sell them, one of it grew in price by 200% and I call it luck, because he did not expect that it will grow.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Devanomrz on June 06, 2018, 02:09:14 PM
Yeah
It's just few percent of 100 to be lucky on cryptocurrency
If you want successful on cryptocurrency
You'll need analisys and strategy for trading


Title: Re: Luck in cryptoeconomics is a myth?
Post by: dianikusuma on June 06, 2018, 02:13:47 PM
sometimes luck can indeed occur and this is not all. Although the analysis certainly is indeed necessary and should be done sometimes it's also not necessarily successful. sometimes also feel pessimistic and peseta bounty a bit but as luck thus becomes his own pay and be great.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Ciucas on June 06, 2018, 02:55:52 PM
You probably need a little bit of luck in order to have huge gains, but what is required mostly is hard work that must be put into studying the cryptomarket, and also patience with your investments.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: haithomocduong on June 07, 2018, 04:38:17 AM
It does not exist...a lot of research, patience, before investing in the right project with the better ROI..I now people around me the lost 70 % of their portfolio... buying just in the final spike of January...So yes, I know luck is a myth


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Salelo on June 07, 2018, 04:42:44 AM
You probably need a little bit of luck in order to have huge gains, but what is required mostly is hard work that must be put into studying the cryptomarket, and also patience with your investments.
a little luck a lot of patience and waiting for the right moment so we can reach advantage we expect. if we start to panic with our assets then the losses you will get


Title: Re: Luck in cryptoeconomics is a myth?
Post by: grifinmch on June 07, 2018, 05:08:54 AM
luck exists but is not always able to apply. This is only for certain people only because luck will not all be able to get. However, the main thing is its own analysis that must be processed and always used in order to choose a good crypto for investment or if you want to enter in the bounty.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kendedes on June 07, 2018, 05:37:37 AM
I believe that by hard working, I can reach my goal step by step. What I need is to work harder, analyze carefully, and also wisely decide the decision. But, on the other hand, I cannot ignore the factor of lucks. In my opinion, luck is also one component that can really influence our decision and our efforts in the crypto.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Star_Cat on July 04, 2018, 09:44:50 PM
No, why do you even think that luck is a myth in cryptoworld. For example you bought some coins and you don't know how market will change. It's rather you lost your money or gain some


Title: Re: Luck in cryptoeconomics is a myth?
Post by: csbsstudent on July 05, 2018, 11:25:51 AM
It is a normal event during the crypto’s cycle of development. Prices will be restored, situation will be better. Do not panic and you will be happy.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Kool5 on July 10, 2018, 08:53:12 AM
In the crepto currency, you need to not only participate, but also help others with information. It is hard work from day to day to write posts, not forgetting to help others. Then everything will work out and a good reward awaits you.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Natium on July 11, 2018, 10:18:05 PM
Luck can not be attributed only to the crypto currency market, it is a tool in our life, and even if you see examples of the fact that a man earned a fortune a lot of money here because he was "lucky", know he deserved it!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: rodskee on July 11, 2018, 10:23:12 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.


To avoid everything investing in cryptocurrency i really agree need to analyze all the possible risk, which is part investing in cryptocurrency the risk but have strategy ho avoid risk to get an profits, ouck are ectra benefit from investing in cryptocurrency need to hard work to earn profits.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: jigzaheedcoin on July 11, 2018, 10:28:35 PM
Luck can not be attributed only to the crypto currency market, it is a tool in our life, and even if you see examples of the fact that a man earned a fortune a lot of money here because he was "lucky", know he deserved it!
I guess,but most importantly it is a spice of all the things that happen in crypto market. Luck is not measured on how successful the person is. It is also the attribution of how things managed by your own sake. Whatever you do,it's your choice whether you prefer to succeed or dump yourself off and don't make any difference for a better you in the future. It's not about myth,it's all about determination.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Boldmaxx on July 11, 2018, 10:36:06 PM
 Cryptocurrency is very unpredictable and it is made for the strong witted. Buying and holding a coin even when in loss is not what can be done by just anyone, and yes, sometimes you need a bit of luck.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: dumplingsandsushi on July 11, 2018, 10:43:44 PM
Well, luck is basically human being's way of explaining things that they can't explain.
The reality is, certain real life factors did in fact directly contribute to your profit, but either you weren't aware of them or hadn't considered them so you see it as "luck".

So, yes, luck does exist.
Because who has the ability to consider absolutely every single factor?
Of course, you can research and gather a large amount of them, but 100% of them? Impossible.

So there will always be something that does affect your success that is out of your reach.
But it isn't some mystical or magical thing that some people have and some people don't.

You should be putting in to your calculations a category for unexpected results.
Basically, a category that accounts for human error on your own part.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: BlackBoxRecords on July 11, 2018, 10:44:10 PM
Luck is not a myth, some people are really lucky, but since I assume I am not going to be one of them, I would rather learn and invest carefully.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: carlzhao on July 13, 2018, 10:17:13 AM
To my mind, in accordance to fact that cryptocurrency market depends on the world's events and news, luck couls take place here, and I really think so.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: ^BuTcH^ on July 24, 2018, 10:51:22 AM
I believe that luck exists, but in the sphere of cryptocurrency it is a very small amount. And rely only on luck at least stupid. Luck will not help, but the analytical mind, the ability to analyze and select promising projects and coins will bring you success


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Nikolas_the_Wonderworker on August 10, 2018, 11:55:22 AM
Luck is the main thing in crypto. Analysis, minimization of risks, foresight of specialists will never give 100% of the goal. Any small action today can lead to great changes in the future. And what a shallow action - it is almost impossible to determine. Personally, I hope for luck - it's 70%, the remaining 30% is the analysis of the product, team, roadmap.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Weirdwas on August 12, 2018, 09:33:40 PM
There might be some incidents that has occurred for many that they would tag luck, but I would like to think that in an industry like this, what is needed is proper knowledge, an the ability to proper analyse market situations, and the cryptocurrency. This is the only way that you could be sure of making good investments


Title: Re: Luck in cryptoeconomics is a myth?
Post by: annajacob92 on August 16, 2018, 09:15:18 AM
This characteristic like luck is very important for new members of cryptocurrency market which can bring them a lot of money for their start of work.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Yowlahe on August 17, 2018, 08:20:23 AM
I realize that we are here full exertion, working day and night to investigate and finish the errands to get more benefits. exact moment is important to watch the designs available. ALl endeavors, time, and vitality are spent for acquiring more benefits. Be that as it may, now and again, we are unfortunate and we got lost. Be that as it may, some of the time, we are so fortunate and everything decent. In spite of your beliefe, I truly trust that fortunes isn't a fantasy. That is the thing that numerous individuals trust the lucky qualities after their huge endeavors to come.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: bhordz357 on August 17, 2018, 08:26:31 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Yeah doing what is really needed it's our luck here in crypto world, we must everything here in order to maximized our profits.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kodtycoon on August 17, 2018, 09:05:59 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Besides analyzing, it also requires a high level of luck in any case, both of them must walk side by side, so that luck is there. In analyzing we only guess, that's the term. So if we have missed it then luck is what makes us gain good profits or at least approach expectations.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: xuan87 on August 17, 2018, 09:20:46 AM
No you definitely can't depends on your luck when you invest, you need to think logically and do a lot of research to make a successful investment, I never heard any successful investment story because of lucky investment, and you can't rely on luck to make profit


Title: Re: Luck in cryptoeconomics is a myth?
Post by: policeoo on August 17, 2018, 10:00:53 AM
There is no luck involved here. You must think it throw. But there is also a point when I have witnessed that some people who don't even know what crypto currencies are, earned so many money on the lucky guess and them where so stupid to even get the money out...exchanges and catch it out, but they had luck investing in particular altcoin and they where in the right time at the t+right moment, without any analysis and fewer knowledge about altcoin and anything like that. So I would say, you definitely need some luck...


Title: Re: Luck in cryptoeconomics is a myth?
Post by: yanetriwidia on August 17, 2018, 10:04:09 AM
miracle can be happen anytime, i believe many cryptocurrency still can giving miracle to many cryptocurrency believer


Title: Re: Luck in cryptoeconomics is a myth?
Post by: playboy654 on August 17, 2018, 10:05:35 AM
Luck plays a big part in getting profits from an investments in the crypto currency field because even many good proejects hae failed even without reaching the soft cap and many shit projects were went upto the moon so if we anlayse only about the project then it is not enough to make money you need to be on the side of luck to get succeed.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: sheryl26 on August 17, 2018, 10:09:47 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

I think it exist because how can you explain those people who have joined in here just first time like for example my friend whom I thought of this for the first time and when he join his first campaign have received much more money than I do so thar means he is lucky in picking an ico because you cannot tell if an ico is gonna provide you a huge money or not.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: pharaon on August 17, 2018, 10:14:05 AM
Someone thinks that their success is luck, but someone - their knowledge and skills, so I think such things are conditional. To get profit and achieve their goals, you need a combination of factors.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Navneet1120 on August 17, 2018, 10:14:38 AM
According to me, luck exists everywhere . Yes luck do matters but the main point is your hard work and patience.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Golftech on August 17, 2018, 10:23:20 AM
No you definitely can't depends on your luck when you invest, you need to think logically and do a lot of research to make a successful investment, I never heard any successful investment story because of lucky investment, and you can't rely on luck to make profit
In an investors mind, skills definitely play the role in order to succeed from any field that they are entering, luck's are just part of it when they gain unexpected profits, but mostly you need to study the market well, plan your strategy and build good options when things is not moving according to your directions.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Omparkash72 on August 17, 2018, 10:25:35 AM
No you don't say like this because you can see around you a lot of person who don't have knowledge and donot know about market but they invest and gain a lot of from it, not in crypto but in other fields you can see lot of example like this , what you say about this. So my opinion is luck  play a role in your success but with luck you must have knowledge and analysis about market, otherwise you will be in loss. Not everyone can make money without knowledge , there are few person like this who make money with their good luck.





Title: Re: Luck in cryptoeconomics is a myth?
Post by: mh6e on August 17, 2018, 10:31:35 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

Well, in crypto world luck alone is not enough. You're right you have to do research,study and analyze everything. This the key factors to succeed in crypto plus you also need to be patience and make the right decision in the right time. All of that factors plus luck it leads to a great profit.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Nidhi Bhatia on August 17, 2018, 10:41:00 AM
First very important thing in cryptocurrency is EXPERIENCE and luck is always secondary. If you have a good experience of market as well as good knowledge of coins and project from where you want to invest your money, than definitely you achieve lot of success and profit. Luck is a Myth.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: akunta on August 17, 2018, 02:53:38 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
what is luck, actually? it's a combination of your strong intention to get whatever you want and taking some actions for that. you create your luck


Title: Re: Luck in cryptoeconomics is a myth?
Post by: fanBit101 on August 17, 2018, 02:58:46 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Luck is still the most unexpected factor in many types of business. Not just about crypto. It still exists around our decisions to buy / sell / invest / hold. If you think that analysis in a good project can bring success. That is not absolute. Sometimes, tokens are listed right when the market explodes or declines.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: CryptoIyke on August 17, 2018, 03:02:11 PM
There is always an element of luck in every success, it all has to do with make some necessary preparations, doing the necessary tasks, doing the painstaking job and ensuring you have are positively positioned accurately, the resultant effect will then be the success which may equally be or not. There is every bit of learning in every business which is to help reduce the risks and avoid obvious mistakes and same is applicable to crypto, personally I have made mistakes here and I have learnt from them


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Rianbook on August 17, 2018, 03:06:43 PM
The advantage in crypto is not a myth, but if you have never studied crypto, have no confidence and also patience in crypto. So the advantage of crypto is a myth for you.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Panetymerni on August 17, 2018, 03:07:32 PM
Luck ofcourse exists in trading but you should not focus on being lucky.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: energodar2019 on August 17, 2018, 03:09:00 PM
Luck of course in this market has a very strong role. You could in December simply buy at face value and aptly guessing game earn well!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: cryptomadu on August 17, 2018, 03:21:48 PM
No. You need a luck too. Knowledge is a must. But having some luck will help you to earn more in this market. One day you will see this by yourself.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: TraiKH on August 17, 2018, 05:57:40 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
It's correct. I agree. Luck in this market will not come to you more or more often. You have to rely on knowledge and experience and skills to judge and choose good projects or promising pennies to trade or invest effectively.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Melnikof on August 17, 2018, 09:51:19 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

You're right, but many people have little knowledge about the market, and they hope only to the fortune while choosing altcoins. Most people think the cryptocurrency market is smth like a roulette, so they just "make a bet" and don't analyze anything. That's the bitter truth)


Title: Re: Luck in cryptoeconomics is a myth?
Post by: crenfrosck on August 17, 2018, 10:10:27 PM
I disagree with your statement as luck can be defined, for instance, as "being in the right time in the right place," which is a very important factor if you ask me. If anyone was aware of BTC in its beginning and he was crazy enough to hodl it for several years, he can be considered as a lucky person. The analysis had literally no effect and he was dependant on a course of circumstances that brought us where we are. Even now the market is greatly manipulated by emotions of investors. Do you think that it is not important to be on the right boat  ;D?


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Gimolre on August 19, 2018, 02:53:39 AM
It relies upon what you characterize as luckiness. To the extent I am concerned, fortunes likewise checks, on the grounds that there are times you may dissect a few activities and you concoct a decent assessment that the task is useful for venture, yet the outcome probably won't be great. In spite of the fact that, I won't deny the way that breaking down an undertaking tallies and that it works, yet I would state that fortunes has worked for me


Title: Re: Luck in cryptoeconomics is a myth?
Post by: sinkfish on August 20, 2018, 12:32:34 PM
You may got beginners luck,  but for long run, your luck is on the form of knowledge and insight. Or you got reliable insider news. 


Title: Re: Luck in cryptoeconomics is a myth?
Post by: linna08 on August 20, 2018, 12:55:19 PM
In order to succeed in doing everything well, in addition to working hard, luck is more important, because cryptocurrency is very difficult to predict, and its market is also ever-changing, so luck is still needed.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Platon ES on August 22, 2018, 06:50:07 PM
I have seen people, who earned a lot in Crypto without any market research or project analyze.  I think that’s just a luck


Title: Re: Luck in cryptoeconomics is a myth?
Post by: irinakovallove on August 22, 2018, 08:01:22 PM
I do not quite agree with you. If you carefully select the project, you can try your luck. I've invested in the "delta" project, and now I do not regret anything. As they say "who does not risk that does not drink champagne." In the crypt everything can happen.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Greedy squirrel on August 31, 2018, 02:41:24 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
At us with you cardinally different opinions in this respect. I'm sure that only luck can make a good profit in the crypto market. Very often there are situations when investors are wrong in the project, no matter how hard they analyze the situation.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: criptouser on August 31, 2018, 02:51:27 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Most likely, such times have gone since recent times. Literally in 2017 everything was different, and it was much easier to catch luck in crypto.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: KobbyD on August 31, 2018, 03:22:56 PM
The crypto business is not all about luck. However, luck should not be counted out of this game. A new user can select an ICO He has no idea about and does not understand anything about them. But will turn out to be successful.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: DarkNecromancer on September 03, 2018, 10:09:44 PM
I still think that luck is present on cryptomarket. Even if you analyze everything, this does not guarantee that the project will develop and the price of its tokens will increase.
As your people are not versed in the crypto currency, beginners make a profit. This is not often, but it does happen.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: AzrailBogov on September 04, 2018, 06:52:32 AM
But I do not exclude the possibility of success. As in any business, you just might be lucky. In the end, there were many cases where projects, of which almost no one heard, produced a good profit. This does not mean that you just need to rely on luck, but this option can not be ruled out


Title: Re: Luck in cryptoeconomics is a myth?
Post by: AzrailBogov on September 04, 2018, 06:53:42 AM
I still think that luck is present on cryptomarket. Even if you analyze everything, this does not guarantee that the project will develop and the price of its tokens will increase.
As your people are not versed in the crypto currency, beginners make a profit. This is not often, but it does happen.
You are right, in addition to analyzing and studying the project, you still need to listen to your intuition. This point can not be ignored


Title: Re: Luck in cryptoeconomics is a myth?
Post by: bitcoinm3ster on September 04, 2018, 07:03:59 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

You are right. In the financial field, the lucky element is just complementary factor. The most important thing is knowledge. Because as far as I think, knowledge can creat the lucky. We don't sit in wait for good luck, let's creat the lucky


Title: Re: Luck in cryptoeconomics is a myth?
Post by: ilya_safronov on September 04, 2018, 07:10:47 AM
But I also don't believe in luck, there is certainly a history who are just not thinking I bought a coin and it soared and made him rich, but it is one of the entire crypto community. Let's be realistic that could happen, but hope it is not necessary, so carry out your own analysis before any action on crypto market.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: mrhood on September 04, 2018, 07:11:29 AM
There are so many myths but luck is not from this deal. I am sure that luck takes place here but the main reason of getting amount of money is you hard work only.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Mbok Ajeng on September 04, 2018, 07:12:24 AM
actually, not all are related with the luck factor. we know that in the world of cryptocurrency, there is nothing that instant. we must try hard if we want the satisfying results. besides, we also have to be more patient and careful in dealing the market situations. Don't panic in any situation.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: modmalaney on September 04, 2018, 07:27:25 AM
luck is merely a trick only. Crypto knowledge and analysis need to be able to run it. many lessons which should at least serve as guidelines in crypto and this will be brought to the profit. But if luck is certainly is not certain and this is not the real determinant of results that can be obtained.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: babaya on September 04, 2018, 01:33:59 PM
The crypto business is not all about luck. However, luck should not be counted out of this game. A new user can select an ICO He has no idea about and does not understand anything about them. But will turn out to be successful.
Nope mate, actually it's not a myth. Maybe some newbies says it so unpredictable but the truth is you can spend time to do research any project, the first is about the team and people. And always pay attentions to those informations and you'll know what will happen. I can saw situations like team leader leave project and that project die. And some other situations after I did some research before.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: James678 on September 04, 2018, 01:37:05 PM
Luck is something shady and fortune is presented in each sphere of life,so crypto isn't an exclusion.
I believe in this myth, I want to catch luck and become profitable, but i have to work hard as well


Title: Re: Luck in cryptoeconomics is a myth?
Post by: jakezyrus on September 04, 2018, 01:40:58 PM
The crypto business is not all about luck. However, luck should not be counted out of this game. A new user can select an ICO He has no idea about and does not understand anything about them. But will turn out to be successful.
Nope mate, actually it's not a myth. Maybe some newbies says it so unpredictable but the truth is you can spend time to do research any project, the first is about the team and people. And always pay attentions to those informations and you'll know what will happen. I can saw situations like team leader leave project and that project die. And some other situations after I did some research before.

thats right . paying attention to the details can somehow help you increase your win rate when it comes to investments . though there are some areas in  the crypto economics that mainly requires luck . im talking about crypto gambling .

investing and trading do also requires some luck but it is also dependent on skills and knowledge .

overall , you  just need to identify your strenghts and weaknesses so that you can choose your path more easily .


Title: Re: Luck in cryptoeconomics is a myth?
Post by: kingsmanpower on September 04, 2018, 03:37:12 PM
In fact even if you analyze the potential project and re-analyze the token in the transaction, luck still plays a good role in making a higher profit. As we know, even if we have hidden lunar indicators of different cryptography, not all of them will bring you higher profits and good luck will lead you to a code. Newspapers will bring you high profits.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: terkapar on September 04, 2018, 04:35:01 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

no, that's not a myth. luck is something you must have, if you don't have luck it is very difficult to survive in crypto. sometimes you who have worked hard will lose to those who have great luck.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: xWolfx on September 04, 2018, 05:36:49 PM
It's like every investment in the whole world. It depends on your decision making but that doesn't mean sometimes some degree of unexpected events people tend to call luck appears on your favor.

However, i wouldn't depend on it since it's something you can't control and it's better to educate ourselves in order to be able to make better informed decisions in the future and if any kind of luck comes in our favor it will be welcome.

Is luck in every investment a myth? It's more like an unlikely probability.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: mrhood on September 10, 2018, 12:20:29 PM
Luck is for the newbies only I think, other more experienced people rely on their knowledge and ability for analyzing. But in the difficult situation luck takes place too.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: icomaster90 on September 10, 2018, 12:23:28 PM
i think like everything else in the world, here exist luck also, but it's unlikely to get rich with just pure luck


Title: Re: Luck in cryptoeconomics is a myth?
Post by: LankaJay on September 10, 2018, 12:24:46 PM
No. Luck is here with cryptocurrencies  :). If you joined any project blindly last year, you could have earned a very good amount of money. But even if you dedicate your time and put lots of efforts to do some researches about a project this year and if you invest in it, still there is a chance it to become scam.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: felikszemdegs11 on September 10, 2018, 12:52:39 PM
I'd say it's mostly luck at this point, no way you can really analyze the prices of the different coins, they're not companies with income and profit.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: drants on September 10, 2018, 01:00:58 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
that is so, but you have to be lucky to choose the right project or potentiall one with a first attempt, luck saves your time if a can put it like this


Title: Re: Luck in cryptoeconomics is a myth?
Post by: ElenaN on September 10, 2018, 01:02:41 PM
I do not agree with you, because luck is sometimes needed and all the same although a small role but it plays!


Title: Re: Luck in cryptoeconomics is a myth?
Post by: crypthomonkey on September 10, 2018, 01:03:13 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
no of course it is not a myth but you should know that every lucky event was deserved by hard working and we shoupd not forget that


Title: Re: Luck in cryptoeconomics is a myth?
Post by: crypthomonkey on September 10, 2018, 01:04:35 PM
I do not agree with you, because luck is sometimes needed and all the same although a small role but it plays!
i believe in luck but a person should work hrd to get it and then the Fate will smile at him so good luck to us all


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Betapikin042 on September 15, 2018, 10:32:15 PM
Luck in anything at all is a myth a make believe and that includes luck in the cryptocurrency with poor preparation and calculation even luck can't help you to succeed here


Title: Re: Luck in cryptoeconomics is a myth?
Post by: MonsterBlazer on September 15, 2018, 10:43:29 PM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

luck is not a myth, in my opinion it is hockey for you. indeed in this world is a person who is always blessed he always gets good luck continuously. and that is not a myth, in crypto too, luck is an important factor.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: pambud on September 15, 2018, 10:49:37 PM
I do not fully agree with you, indeed every investment business requires careful analysis of each project to invest our money, but in the crypto world the luck factor also determines.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: pozmu on September 15, 2018, 10:59:33 PM
Luck plays great role, you can't underestimate power of luck. Project may be great, good marketing etc. but then something unthinkable happen e.g. bitcoin goes down to $1. Or some big company enters with project same as yours, just x10000 bigger userbase and funds - all done secretly.
This of course can lead to opposite outcome, when shitty project gets pumped to the moon by sheer luck.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: itasannah on September 15, 2018, 11:00:15 PM
basically, everything must be done with effort. the luck factor is an additional and it's the advantage. we cannot rely on the luck in the world of cryptocurrency. because in the world of cryptocurrency, there needs to be an action in order to get the success. by continuing to learn it and working hard, I think it will not disappoint and will give the satisfying results.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: marvel21 on September 15, 2018, 11:03:03 PM
Luck in crypto is not a myth. I know several men in our town who was mine bitcoin and then sold it in january 2018. They can never work now.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: vvalaby on September 15, 2018, 11:06:38 PM
He agrees, no good luck in the cryptoforeign exchange market can be. All successful transactions are a result of the detailed analysis and studying of the market. On another also cannot be.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Arlette Foxsparkle on September 15, 2018, 11:08:20 PM
Myths? I think It's a big No! Even though cryptocurrency is very risky and there is a little bit of chance to become successful. For me cryptocurrency are still hidden wealth we cannot say virtual world is worthless because I have knew some person's who became rich through engaging their selves in crypto world. It is because they are still believing that there's a lot of good ways to earn money here in crypto world. That's why we are still hoping to become successful someday even though it is very hard we didn't give up until we reach our goals.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: HyperLup on September 15, 2018, 11:15:24 PM
I think the chance factor in cryptoda is quite low. Actually there are some lucky investors who have only recently invested when the market is big drop and again beginning rising.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: michael23 on September 15, 2018, 11:18:27 PM
I agree completely. Good luck in investing is the last thing about which it is better to forget. Think your head and make logical conclusions, and then you can succeed.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: Lucas777 on September 21, 2018, 09:04:20 PM
Why the myth? I was convinced that luck is still present on the crypto-currency market. He even tested it several times and got a good profit.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: CokeCoin on September 21, 2018, 09:53:50 PM
No, there is such thing as luck in cryptoeconomics, it's not a myth. Cause I know people who invested in bitcoin in 2015 and then withdrew it in december of 2017 and the did no analysis, they just did it for fun  ;D


Title: Re: Luck in cryptoeconomics is a myth?
Post by: avonka on September 21, 2018, 11:30:19 PM
If you are analyzing projects and the market before investing the bigger the chances are for success, but crypto market is so unpredictable that you need some luck as well. Some increases/decreases come from nowhere and luck is definitely needed to be on the right side.


Title: Re: Luck in cryptoeconomics is a myth?
Post by: eekkaa on September 22, 2018, 12:03:14 AM
I think for trading on cryptocurrency it is not a myth but your expertise to read and analyze conditions, so you can find out the right conditions to buy the coin or not, after you can have the expertise of coin or project analysis then everything is no longer a myth but it comes from your intelligence.