My luck is very bad for crypto trading 😞

[Raja_Salman]

Emotions will indeed make us able to get a lot of losses, especially when we trade. now we can feel anxious when we start. make sure when you start in good condition

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[aoihs00]

Well, for this thing we have got the tool called as Stop-loss ! This is available almost in every exchanger that you see around us and will be readily usable whenever you place the trade over it. I guess if you would have used it already then you might have been happy face with lots of profit in your pocket. This is what happens each time you see the crypto trade going well and suddenly on the following moment things would have gotten worst. Its not your luck which is bad but it is your strategy that went completely insane around it. If you apply proper methods of trading then may be you will have fun earning nice profits.

[udidrone]

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞


But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.

At least you learn something about that. But short time trading make trader very stressed especially when they stuck in a coin and out of capital. You can try to do long term trading so don't need to check price everyday.

[Kasabus]

Emotions will indeed make us able to get a lot of losses, especially when we trade. now we can feel anxious when we start. make sure when you start in good condition

Emotional trades ended with nothing but a total loss for us. Before you engaged in these, you need to be strong and do a favorable trades even we can't get huge profit from it. You aren't be greedy to have that much cause it is impossible to happen right now. It is better to grab some opportunity that to have nothing in the end.

[Pattart]

don't see that is bad luck. because someone learns a lot from a mistake. you are right for a long or short term investment, must check the daily price. but I think it's not effective, because you might not focus when prices fall. it's best to put up high prices and check weekly. it's better and makes you calm. or set an alarm at the specified price. because some trading applications provide it.

Yeah you right because emotions in someone can interfere with their calculations and choices in trading, don't see the market too often when they bleed. and if you lose don't think that you have badluck, make that loss as your lesson, learn your mistakes dude..

[deisik]

All newbie traders lose in their first trades.The important thing is that you gain knowledge and experience about the market.Trading is not 100% luck,even though there's some luck involved.You can't just buy an altcoin and expert it's price to skyrocket just like that.

Regarding the very first trades, it's not always the case

On the contrary, there are a lot of sayings, proverbs, and worldly wisdoms in many languages, mentioning beginner's luck (not to be confused with "fortune favors fools"), the meaning being that newbies in any activity "often experience disproportionate frequency of success or succeeding against an expert in a given activity" (as per Wiki). Maybe, OP belongs to this category, and he doesn't even understand how lucky he had in fact been to see 20% growth with everything else being mostly in red these days

[Turst1974]

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞


But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.

like that it is not a problem of luck or not, you are too careless when setting prices if that is the case, for the exchange itself will not be responsible when there is a customer who misplaced the price, and talking about luck in Cryptocurreny trading in my opinion that is not enough , if you do trading at least use analysis don't just buy it

Don’t blame your luck. Crypto trading is not all about luck. It needs experience, skills and knowledge as much as you can get. When you become perfect for trading, no doubt you will make huge profits in the future. It you leave all on your luck, you will never succeed. If so it means that you are not hard worker and just depend upon your luck.

[Reatim]

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞


But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.

At least you learn something about that. But short time trading make trader very stressed especially when they stuck in a coin and out of capital. You can try to do long term trading so don't need to check price everyday.

Oh well that's the only thing you can get out if you lost in this market. You learn when to trade and decide when to buy or sell coins. Its really no secret that majority of us here lost at the beginning of our trading career but it didn't stop us to pursue our goals.

Long term trading is also a good method but its more of a psychological battle. Because I'm sure that you will be tempted one time or another.

[cluit]

I think you had a pending order, which is why the sale happened. you may not have noticed, but watching the price every day is not good advice.

I also not watch the price everyday, I just look at the market every time I want to. Well, I believe there is no bad luck in trading it will always depend on the study you’ve made with it but if you don’t have any studies on chart then you are not trading well and your money will continue to dump because of this.

First if you are an active trader, certainly checking the market price every day is a good thing because you can get a better understanding of circulation and price changes and you're right luck doesn't take an important role in trading, so it doesn't matter if your luck is small, because what determines your skills

I really do not see the bad thing in checking the market condition daily as well as long as you are a trader, because this would always give you the chance to analyze the market for the day, take a look at some opportunities that may be present in the market and then be able to use them for your own gain.

However, when it comes to the luck aspect, this is something that no one should be counting on when it comes to trading, because luck and trading are totally not even supposed to be in the same level, but rather, we should be talking about trading, knowledge and strategy. Anything outside this is just going to lead to loss.

[Harunote]

keep your hope bro. the lucky just come when people thinks they can lose all money.

[KorakPawon]

I think you already get it. Learn the situation, always be careful on deciding a choice and check the price routinely. I think when you accept that everything has risk you'll be patience and build to overcome any situation. Keep moving forward.

[KGBx]

I don't think that it is about luck, DOGEs growth was obviously a temporary thing, that coin has nothing to have a good price, it won't change it place in current crypto.

[loof99]

Actually me too, but is a normal phase in cryptocurrency that we should take as a challenge for our own benefit.
Negative things comes to our life helps us to mold ourselves to become a better person; even the successful person also fails in his past life.

[Stolivie]

You have to spend more times for analysis price action and fundamental of each crypto, currently there are some altcoin was going up to 100% just in 1 or 2 days, and this good situation to make good profit. To earn maximum profit we should more focus, keep patient and set target profit monthly and avoid greedy.

Technical analysis, keen observation of the market situation, collecting information from crypto trading experts will make you perfect. You may also spend some time with a crypto trading expert. He will teach you the tactics of crypto trading. When you have all these things, no doubt you will succeed. I also admit that luck is also a factor for making money but not everything.

[ChibaReiko]

nah. i think maybe that coin not for you bro. why don't you try with bitcoin or the other. maybe your luck will comeback

[preikaler]

when trading, the price is the result of a determination to gain profit or loss, so think when the price is chaotic, it is better to hold it and continue to wait until the price rises again and it requires definite patience and people will find it difficult

[shesheboy]

I don't think that it is about luck, DOGEs growth was obviously a temporary thing, that coin has nothing to have a good price, it won't change it place in current crypto.

yes of course crypto trading is about luck because it is like a gambling where you bet and play randomly based only on your insticts due to the fact that you cant seem to predict the future price of the coins even if you do alot of analysis and research . in crypto trading , we are only being played by the house or the market whales as they call it .

@op if you luck is bad , then much better if you can switch on other activities like investing because investing may seem to be more safe when compared to crypto trading .

[katiecbell]

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞


But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.

This happens to everyone, if you don’t want it to happen to you, then once you see that the price is up a good amount you should keep on checking all the time like every hour or so to know when it starts to drop to a low price so that you will know whether to sell it or not. And seems like you are greedy lol, if not, why didn’t you sell at the time when it was at 100 instead of continuing to wait for more increase?

Checking all the time will not do you any good if at the end of the day, you really do not have any knowledge to be able to make good decisions. It is not about luck, it is simply just about having a strategy which most traders usually do not always have.

Only those who just buy whenever they want or sell wherever they want without even using stop loss irrespective of where the market is headed, will always have it difficult when it comes to taking advantage of the market gains. I absolutely believe that anyone who see trading as a profession, have a strategy, will always not depend on luck to make a successful trade.

[PizzaBTC]

This is serving as a learning process for you in this market. Do not be discouraged by what happened. At least, their was profits in it. Just make sure you make the right decisions no matter how little the profits are

Exactly. You cannot blame a thing that does not really exist. Luck has no interventions in your trading and earnings. This is all your own understanding that helps you earn even when other are not earning. Besides, the market is down and it is expected that it will rise again and they talk about December and for some it might be the start of new year but keep in mind that that values of crypto currency rose high in 2017 after huge fall. So no mater what the market might look like, you should still hold.

[sunilnagaraja1996]

yes, same as it's, me also invest on many coins but market price is falling down and coins price also keep on decreasing, so still i didn't get any profit in crypto.