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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
iged_war
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November 17, 2018, 01:54:25 AM
 #361

Trading is not using a fortune because here we use data and analysis to be able to trade. luck is only the final part that we will get. start trading without using feling but using knowledge and data
I agree completely. In cryptocurrency, you first need to look at the fundamental analysis and then technical. only after a serious evaluation you can rely on luck
our analisys skill was needed in each trading.even that cryptocurrency market, stock market or forex.trade based on our lucky maybe could mentioned gambling.

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November 17, 2018, 07:54:38 AM
 #362

it seems that not only you experience this much so much and they feel unlucky when trading maybe because they can't control their patience and make them say that.
Yes, some people can’t have patience and that’s what even makes them lose. If you want to invest Or trade then be ready for whatever follows and always have plans on what actions to take if the unexpected happens. When price starts to fall you either opt for a quick sell out and avoid further loss or you can continue to hold that coin if you believe that there will be increase in future.
I do not believe that luck plays a great role in business. It is just a result of your business intelligence and the strength of the project that matters the most and not a probability of luck which has not yet proven great for all.
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November 17, 2018, 04:54:49 PM
 #363

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day.

It is not about luck. You must consider changing your trading strategy. Don't buy in fomo. Do not buy coins which are already pumped. Wait for correction or wait for its price to be stable. Do not panick sell your coins.
Don't hold altcoins for long. Keep booking profits.

Sometimes, many things depend on the luck. I know the guy, who just started trading. In the very beginning on his way, he invested much money in the token he did not much know about, and this alt went directly to the Moon.
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November 17, 2018, 04:58:42 PM
 #364

It is less suitable if you do use luck as a trade because here actually you don't use luck to get profit. but use analysis to be able to benefit. and a big mistake if you use luck
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November 18, 2018, 07:26:46 PM
 #365

maybe you make sell orders and buy orders automatically.
the advantages and disadvantages of course there are disadvantages you will always sell fast the coins may be at 10% profit.
and the advantage is that you will avoid a lot of losses when the price drops.
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November 18, 2018, 11:14:48 PM
 #366

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day.

It is not about luck. You must consider changing your trading strategy. Don't buy in fomo. Do not buy coins which are already pumped. Wait for correction or wait for its price to be stable. Do not panick sell your coins.
Don't hold altcoins for long. Keep booking profits.

Sometimes, many things depend on the luck. I know the guy, who just started trading. In the very beginning on his way, he invested much money in the token he did not much know about, and this alt went directly to the Moon.
It is something that really have big risk, invest in something that we don't know about means we have no clue what will happen in future of that coins and it maybe almost like gambling but in safe way  Grin.

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November 19, 2018, 12:15:51 AM
 #367

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day.

It is not about luck. You must consider changing your trading strategy. Don't buy in fomo. Do not buy coins which are already pumped. Wait for correction or wait for its price to be stable. Do not panick sell your coins.
Don't hold altcoins for long. Keep booking profits.

Sometimes, many things depend on the luck. I know the guy, who just started trading. In the very beginning on his way, he invested much money in the token he did not much know about, and this alt went directly to the Moon.
It is something that really have big risk, invest in something that we don't know about means we have no clue what will happen in future of that coins and it maybe almost like gambling but in safe way  Grin.
yeah we could called it as a gambling if we put our money into unknown word.more likely walk into dark world.we dont know what will happen in our next step.

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November 19, 2018, 07:44:35 AM
 #368

I also too much loss in crypto trading,  i should be not enter to crypto  when bearish market,  and put money in others asset like stocks.  Crypto market is very bad this year and i dont know my loss will be recover or not.  Just try to keep patient  waiting for next bull run to recover loss.

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November 20, 2018, 08:14:56 AM
 #369

In the world of cryptocurrency, everyone wants to make more than 100% in one transaction, but this is not possible over the course of a long trade. You can never sell coin at the very top and buy it at the very bottom, and then greed will kill you on a certain day.
We should not really consider it luck, we have option to choose which coins and were the one to decide where and when to put it so better try until you make it work and profitable.
Feeling the need to have a good luck in other words depicts the absence of strategic decisions and the consideration of different situations you might face in crypto business. I believe that one should not wait for luck and should rather make use of the available opportunities in the current market.
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November 20, 2018, 12:50:46 PM
 #370

I have been listening to this since I started with cryptos. People think that the market behave adversely when they trade. But that isn't the case. Sometimes you do enter bad trades. Nobody is perfect. But you should know when to cut loss and make up for the earlier loss with a new trade. It is all about cutting loss by averaging it out through profit. market isn't against you, try to understand it which will need practice and which in turn means some more losses maybe.
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November 20, 2018, 01:09:13 PM
 #371

Like you, I feel also a bad luck year when I was started  in this forum. In fact, I think I am more pity than you because until now, I do not have much money or even cryptocurrency to make as investment. Yet, I gained enough tokens to be converted as my money to provide my daily necessity.

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November 20, 2018, 01:24:37 PM
 #372

This skill to trade is a combination of books,  youtube videos, communication w other traders and your own experience. It takes a lot of your time..
But to minimize loss you should learn how to trade, chart, Tech analysis, fundamental analysis and sentiment analysis.
Also I recommend you try to use the trading bots in parallel. It can be good experience for you. Just divide the part of the coins for trading manually, and part for the bot. You can to learn and earn at the same time. For this using I recommend you https://tradesanta.com/en. It's easy to use and I adore their interface.
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November 20, 2018, 03:08:12 PM
 #373

In trading you can not hope for good luck. This is the same as going to a casino or poker. Who plays strategy in poker is in the black; who plays in the hope of luck will always be the loser

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November 20, 2018, 10:39:58 PM
 #374

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.
That has nothing to do with your luck, you need to improve your abilities as a trader, if you make a trade you need to keep track of your coins as much as you can or what happened to you is going to happen again, but even if you were unable to sell your coins for the best possible price you still got profits, so you got money out of it and a lesson which is even more valuable.
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November 23, 2018, 12:34:35 PM
 #375

My luck also let me down. I have long heard about cryptocurrency, but did not see the potential in it. I began to work on cryptocurrency in early 2018, when the market began to fall. I believe that the market will start recovering very soon.

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November 23, 2018, 12:40:21 PM
 #376

My luck also let me down. I have long heard about cryptocurrency, but did not see the potential in it. I began to work on cryptocurrency in early 2018, when the market began to fall. I believe that the market will start recovering very soon.

Well, the beginning of the year is not the best time to enter because from that time, price has been declining ever since but then if you decide to trade for short term then you can still have some profits and then maybe able to get back your capital and then trade your profits. There is still a lot of potential in the market because price has been volatile so in every movement, you can still have some profits but you have to exercise always risk management so that you can minimize your losses as much as possible.

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November 23, 2018, 12:49:18 PM
 #377

Most people lose money trading
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November 23, 2018, 01:01:47 PM
 #378

In trading you can not hope for good luck. This is the same as going to a casino or poker. Who plays strategy in poker is in the black; who plays in the hope of luck will always be the loser


Well trading and gambling are two opposite sides of the coin. trading is a planed investment and gambling is not so. Trading is done based on your technical or fundamental analysis and considering the future of the coin etc. But gambling is just on the spot and does not have any relevance of the future.
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November 23, 2018, 01:16:28 PM
 #379

many pro traders teach that you should never regret that you have set every profit target even though the price goes up beyond that, because the market can be very unfriendly and make you lose big. discipline of decisions made in trading makes you more realistic without emotional influence
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November 23, 2018, 01:41:06 PM
 #380

My luck also let me down. I have long heard about cryptocurrency, but did not see the potential in it. I began to work on cryptocurrency in early 2018, when the market began to fall. I believe that the market will start recovering very soon.
It seems that luck has nothing to do with you because in working in the crypto world like trading that needs to be in order to earn income continuously it must improve your ability when trading and must have a good strategy so that your trade can run well

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