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Author Topic: Luck in cryptoeconomics is a myth?  (Read 1652 times)
Betapikin042
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September 15, 2018, 10:32:15 PM
 #141

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
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MonsterBlazer
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September 15, 2018, 10:43:29 PM
 #142

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.
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September 15, 2018, 10:49:37 PM
 #143

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.
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September 15, 2018, 10:59:33 PM
 #144

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.

itasannah
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September 15, 2018, 11:00:15 PM
 #145

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.
marvel21
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September 15, 2018, 11:03:03 PM
 #146

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.

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September 15, 2018, 11:06:38 PM
 #147

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.
Arlette Foxsparkle
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September 15, 2018, 11:08:20 PM
 #148

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.
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September 15, 2018, 11:15:24 PM
 #149

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.
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September 15, 2018, 11:18:27 PM
 #150

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.
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September 21, 2018, 09:04:20 PM
 #151

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.

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CokeCoin
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September 21, 2018, 09:53:50 PM
 #152

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  Grin

avonka
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September 21, 2018, 11:30:19 PM
 #153

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.
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September 22, 2018, 12:03:14 AM
 #154

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.
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