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spyerf
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May 14, 2018, 03:47:01 AM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
in this case I do not think that luck has a major role, I think the most important thing in this case is repeatedly to always monitor the movement of value and how quickly we make decisions when the opportunity profit. and luck is the small part we need. |
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Bonsaiav
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May 14, 2018, 06:58:54 AM |
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In bitcoin trading it's much more like buying and selling goods online, that is the sale of goods profit or loss. Skill, is the initial capital of every trader especially for those who are still Newbie. Because, a fortune is not possible without skills even if some of them are lucky it may just be a coincidence. While those who have the skills can usually take advantage even though the market is in a declining condition.
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putrisa
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May 14, 2018, 10:32:57 AM |
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I think it depends on who applies daily trading when new players apply daily trading should have a very good skill to be able to make an analysis of where the coin is moving. the skills you have are very important than luck.
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dekcutbusu33
Newbie
 Offline
Activity: 166
Merit: 0
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May 14, 2018, 10:54:25 AM |
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In playing a role you need skills to trade effectively. That you need a much better skill to perform the operation. I mean, every average person with a technician knows how to do it effectively. You just need to know the basic things like when to buy. Or sell at the right time. Do you want to spend a few hours to take your coins then grab them to your profits instead.
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malah
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May 14, 2018, 11:05:09 AM |
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trading has a high risk so it takes knowledge and skills to be able to get profit, but luck is also very influential, because if you do not have all that then you can lose your money
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elbimbo012
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May 14, 2018, 01:16:13 PM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
Day trade need skill if you want to be succeed though some time luck play a big role also but in the end the skill is what your main weapon to achieve profit in day trading snd this is not advisable for beginner but if you try just invest small amount only to ensure you will not lossing big capital if you commit mistake in doing day trade. |
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Rinzo
Newbie
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Activity: 112
Merit: 0
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May 14, 2018, 01:56:58 PM |
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the sole aim of an investor is to make profit and to make profit, you need to be equipped with the right tool. with the skill of understanding the market, your dream of making that profit comes to reality while luck can help you beat others. you cannot actually separate one from the other cos the move you made to be successful is the same move another investor made and failed. you need to remove sentiment and emotions while analyzing the stock market. with the right move, good knowledge and behavior in analyzing the market then your day trading is a success
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sumanto
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May 14, 2018, 02:43:38 PM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think daily trading seems to depend on the luck factor you can get, because it is very difficult to see what coin will experience the movement because too many coins are circulating and various coins are there. so in my opinion it's just a factor of luck. |
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bitcub
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May 14, 2018, 03:24:37 PM |
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Day trading is not like playing card game using analysis and luck. Swing trading and day trade is pure technical analysis. It is all about analysing news and chart reading. I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
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Mr.ZODIAC
Member
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Activity: 336
Merit: 11
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May 14, 2018, 05:41:44 PM |
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luck is also needed for being lucky.luck and skill both are needed for the day trade. if your luck in not fever you than you cant able to earn money doing the trade.
so you need skill first, My luck was good but Also faced bad luck many times.
Of course, commerce is a very interesting occupation, but you can not do without filing in this business. But a great guarantee of success is the experience and ability to respond to the market correctly. |
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Jlv
Full Member
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Activity: 336
Merit: 100
The Future Of Work
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May 14, 2018, 09:31:53 PM |
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For me in my opinion, it depends upon the person how lucky he is and at the same time he had the talent or skills on how to trade and having an experience on how to look on the market of crypto.
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ritikasimi
Newbie
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Activity: 38
Merit: 0
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May 14, 2018, 09:36:07 PM |
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for being successful in crypto field you must be have knowledge about it..so you need skill in it..with skill & luck you can make good profits.. without skill you don't know which coin is good to buy & most often you buy the useless coin & you are in a great lose..so skill is important for crypto trading
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Johnyjay
Newbie
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Activity: 219
Merit: 0
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May 14, 2018, 10:08:08 PM |
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I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
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tatum506
Member
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Activity: 311
Merit: 10
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May 14, 2018, 10:19:22 PM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think in order to be successful, you need some luck, but the most important thing is to have good skills. You can see that the market is fluctuating strongly, bitcoin and altcoin prices are continuously reduced for several consecutive days and there are no signs of specific recovery. So I think that at this point you should not trade and wait for the market to stabilize. |
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squatz1
Legendary
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Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
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May 15, 2018, 02:13:06 AM |
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Day trading is all luck, others can say otherwise but there's no way that a certain person knows that the market is going to go one way or another. They may get lucky a good amount of times, even near the point that they're actually looking like they can tell the future, but then they're going to fail. The market does what the market does, and if you try to predict it it's like your gambling on the weather. In bitcoin trading it's much more like buying and selling goods online, that is the sale of goods profit or loss. Skill, is the initial capital of every trader especially for those who are still Newbie. Because, a fortune is not possible without skills even if some of them are lucky it may just be a coincidence. While those who have the skills can usually take advantage even though the market is in a declining condition.
This simply isn't true, you need a basic knowledge in order to do either one of them. I would recommend to all that holding bitcoin (and traditonals) is USUALLY the best course of action. |
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newcollegestar
Jr. Member
Offline
Activity: 124
Merit: 2
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May 18, 2018, 05:03:49 AM |
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trading has a high risk so it takes knowledge and skills to be able to get profit, but luck is also very influential, because if you do not have all that then you can lose your money
Trading is what if call challenging profession rather than risky one. The reason is because risks sounds like investing in a place which is not trustworthy or nobody knows what will happen. However, a trader is a man with high level of knowledge regarding his asset and market, he understands the future of his asset very well due to which the chances of blundering get mitigated. |
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KourtneyK
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May 18, 2018, 05:13:32 AM |
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There is no such thing as lucky ones when it comes to trading, may it be day trading or long term trading. It has to be a skill and basically knowledge that when you day trade, you know how the coin runs through the process and you know that the coin you have traded with will be worth something too so it will be worth trading.
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Lauff
Jr. Member
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Activity: 196
Merit: 1
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May 23, 2018, 03:02:08 AM |
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according to my personal experience both are very useful, sometimes when I do daily trading I often have good luck but with the expertise I have also I can find out what is good and suitable coin to benefit from daily trading.
You do not need to talk about different strategies, because the only true strategy is to buy cheaper, and sell more expensive. If you compare gambling and trade, then trading gives you an opportunity to earn more. And at the same time to control everything that happens |
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jerix
Newbie
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Activity: 168
Merit: 0
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May 23, 2018, 03:32:52 AM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think daily trading can be said to be either luck or skill. But I honestly do not advise you to play in daily trading. I would advise you to stick with it for a long time. I think that way is more profitable. |
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yanesna3
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May 29, 2018, 11:44:27 AM |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
I think that both things are needed. You can have really great luck and no skills in trading and earn much more than even the most experienced tough trader. I do agree with you, bro. However, even the long-term trading needs some luck. However, the day-trading is a real science and art. The skills are needed. |
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