Bitcoin Forum
November 10, 2024, 09:14:10 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: when trading skills and luck which is more important?
Skills - 51 (28.2%)
Luck - 20 (11%)
both - 110 (60.8%)
Total Voters: 181

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 »
  Print  
Author Topic: Skills vs Luck *poll*  (Read 34737 times)
icecube45
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000


View Profile
October 04, 2016, 02:02:53 PM
 #241

Both matter, but much like poker I'd say it's 80/20 Skill/Luck. On a long enough timeline, the skilled trader will always outperform the lucky trader.
With respect to trading, our skill will bring our luck. Yes, only skill is more than enough to be successful with trading. But, there is an external force always playing to define our fate, if you believe in that then luck is also important for deciding our fortunes.
Yes both are essential to succeed in trading. We need the skills to be successful in the trade, because trade is very requires the ability to be successful. And we also definitely need luck in order to be an advantage. Because if we have the skill but no luck we will not be able to win, and if we do not have the skills but are having some luck we will win, but it is uncertain.
Newcoins2020
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
October 04, 2016, 02:12:28 PM
 #242

Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices.
So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.
danherbias07
Legendary
*
Offline Offline

Activity: 3304
Merit: 1133


Leading Crypto Sports Betting & Casino Platform


View Profile
October 04, 2016, 04:48:40 PM
 #243

Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices.
So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.

And that blindly guessing will just go with luck.
Certainly without skill everything will just push into luck. Though sometimes other think theyre success comes from luck without noticing they really did it with their skills. Some are good with talking to others and they dont even know it.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
jhenfelipe
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 647


View Profile
October 05, 2016, 04:47:54 AM
 #244

Obviously skill will always matter more because with more skill you can analyze the prices and "predict" a rough estimate of behaviour of prices.
So like that you can play in on your options, without skill all you do is blindly guessing where to put your money which is going to go wrong almost always.

And that blindly guessing will just go with luck.
Certainly without skill everything will just push into luck.
Though sometimes other think theyre success comes from luck without noticing they really did it with their skills. Some are good with talking to others and they dont even know it.
I agree with the bold statement.
In my point of view, we don't really need to choose among the two. They both matter, I think. The only difference is that, skills can be achieved through researches and experiences while luck just comes in different situation and/or time. So, since luck can't be learned or manipulated, the best thing we can do is to have skills and just know how trading works.
zPanda
Member
**
Offline Offline

Activity: 104
Merit: 10


View Profile
October 05, 2016, 05:25:09 AM
 #245

People actually in the trading market would realise that it mainly relies on luck. Of course, skill is needed, but if the market is definitely going really bad, it's hard to make good trades especially in the short run.
Altynbekova
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
October 05, 2016, 07:58:25 AM
 #246

I think it's both skills and luck because if you have those two it will be easy for you to earn money. It's bad if you are just relying on luck and just doing some random pick for the coin to just find the right coin.

You have no control over Luck but you have full control on skill. So if you develop your skills, the more likely are the chances that luck will be with you. This is what i belief.

Indeed i don't think more skill means more luck but I do think the more skill you have to more you can eliminate the requirement of luck in your trades for example.
Skill will take over for luck and with more skill you'll be able to be more consistent making the right decisions and profit.
Sandroxa
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
October 05, 2016, 08:00:27 AM
 #247

I dont know much about luck because you cant controle the luck you know skills can be learned and luck can help you with it because if you do something for the first time and it works you have some luck when you do it more often and it works you have the skill.
TastyChillySauce00
Legendary
*
Offline Offline

Activity: 3164
Merit: 1038


Leading Crypto Sports Betting & Casino Platform


View Profile
October 05, 2016, 08:03:12 AM
 #248

People actually in the trading market would realise that it mainly relies on luck. Of course, skill is needed, but if the market is definitely going really bad, it's hard to make good trades especially in the short run.
luck is indeed such an important thing in trading but with your analyzation skill and knowing the condition and situation it will help you to be success on trading even there's short run or the market just running so fast,luck will noy always coming man,skill is the main option if you're going to do anything

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
rahys
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
October 05, 2016, 10:20:11 AM
 #249

luck is not an issue we can see from previous chart of daily bitcoin rise. it's all about keeping patience
dayrk
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
October 05, 2016, 10:23:09 AM
 #250

future of crypto currency is high so unvesting here is acting smartly but earning money from this platform is totally depend upon your skill on present market
markanthony007
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
October 05, 2016, 10:24:07 AM
 #251

skill and luck are both needed to climb up to the success ladder
macherano
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
October 05, 2016, 10:24:30 AM
 #252

skill is when you invest on correct place and luck is how much profit you earn from that
rahys
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
October 05, 2016, 10:26:16 AM
 #253

question for the poll will it be wise to invest a handsome amount of money on the steem
deisik
Legendary
*
Offline Offline

Activity: 3542
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
October 05, 2016, 10:26:58 AM
 #254

luck is not an issue we can see from previous chart of daily bitcoin rise. it's all about keeping patience

What you implicitly refer to is called investing, not trading (as per OP). Trading usually means that you exchange your coins on a relatively frequent basis, at least, a few times a week, trying to squeeze profits out of small price movements. If you just buy a bunch of bitcoins and wait out the bad times (when the price goes down till it goes up again), you would rather be investing. Indeed, if you trade and get stuck with a losing position (without closing it), then you come over to the dark side...

That is, turn from trader into investor who is left holding the bag

gabmen
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 529

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 05, 2016, 11:42:23 AM
 #255

well in trading both are actually important, however for the question which is more important, I think skill and experience would play a bigger part. although yes luck can't be removed and is definitely a factor, knowing what to do with your luck will be your biggest asset

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Report to moderator 
 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..███████████████████████████████
macherano
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
October 05, 2016, 11:43:49 AM
 #256

there is no doubt luck is a factor. you need to understand the fact that skill does implies on all the factor of life
rahys
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
October 05, 2016, 11:44:47 AM
 #257

investing is luck for the guys who dont know math
dayrk
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
October 05, 2016, 11:45:41 AM
 #258

fortune faavours the brave thats what i think . but bravery sometimes considered as stupidness
markanthony007
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
October 05, 2016, 11:47:05 AM
 #259

 Grin Grin Grin Grin Grin i have invested 200$ on crypto currency btc  which market price now stands 280$ you can take it as luck
piunak
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
October 05, 2016, 12:58:56 PM
 #260

skill's is very important on this point of market
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!