My luck is very bad for crypto trading 😞

[Secionz]

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.

Loss in the market can be the result of the lack of information that leads to a decision that might not prove profitable in your interest. It can also be the result of sudden fall in the trading volume of the crypto or by a fall in the market prices.

[calya]

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

our ability and skill was the things needed in crypto trading.no one could generate profit just depend on their luck.just put order and hoped it could be profit.we didnt need this.

[Work4cryptos]

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

Yeah well said. You can’t just be good in trading if you don’t know what is in it. How to do it. You need books, references and videos as helping material so that you’re basic can be strong.

[CryptoF007]

haha, it always seems that your luck is very bad for trading, it is the same with everyone. Everyone thinks his luck for trading is bad, this is just how markets will eat you alive if you don't know what you are doing, and you depend on luck. Well in last phases of bull market everyone can be an expert, cuz you hardly do anything wrong. In whichever project you invest, everything goes up. But in bear market luck suddenly turns against you.

So instead of whining and reading all those mass media articles, invest your time in education about trading and markets. Long term strategy, rock solid emotions and patience is the key here.

[LuvCyanide]

Such mistakes in trading make us stronger. We learn best from our own mistakes. The cryptocurrency market is a big risk, but also a big profit.

[hermankoles]

if you are ready to enter the market then you must continue to learn a lot of analysis, study the changing market trends and listen to news that supports crypto. everyone who jumps into crypto must have a bad experience at the beginning but it can be a valuable lesson to get better in the future

[Shinpako09]

Don't let that loss frustrate you and stop you from trading. No one didn't experience loss. Even those you see earning good in trading, they also had losses and maybe up to now there are still time that they are lossing. That's where you learn, from your mistake. Learning trading won't take a single night, it really takes time and dedication.

[antongee28]

It's ok. Even if you're a pro, there will still a time where you will loss. But to minimize loss, then study and learn how to trade. Learn the chart. For crypto trading, learn Tech analysis, fundamental analysis and sentiment analysis. You can start by learning first how volatile crypto then learn all the trading signals so you can read and understand chart and learn how crypto move and what makes it go up and down. For beginner, it's ideal to start small while you're learning then invest little by little as you learn.
It will be great to learn how to trade manually and trade with free automated trading bot that can be set up in 10 minutes. But for newbies it can be problematic.. But I adore the Trade Santa bot interface because it's easy for understanding and using.

[taki183]

At the beginning it's for all like this. First you have to learn on your mistakes. But a lot of new exchanges make an interesting presentations and lessons. As for me I'm waiting for a VELVET Exchange. As I can see. The team is very good and know what to do. I like their articles on a medium https://medium.com/velvet-exchange .
So right now waiting for their start!

[nasipadang]

relying too much on luck when trading is okay, but that is wrong in my opinion because trading requires an analysis and information, monitoring prices is also needed. I think you bought a dogecoin because it was careless and did not consider the coin growth and what the market conditions were.

[emmybd]

Well, cryptocurrency is not a lucky thing, so merely relying on luck will lead you nowhere.  You have to develop your knowledge and skills about it, only then you can be successful in trading.

[jojowar]

If you had a bad luck in crypto trading maybe it can teach you a lot. Make some analysis why, where and when you got wrong then if you will find the answer then try again maybe this time is your luck. Try and try until you succeed.

[biletskiy]

Most people lose money trading

That is why, long before you start trading, you should learn much about this activity and business. You must weigh all pros and cons of it to realize if you can trade or not. And yes, sometimes we lose.

[nydiacaskey01]

Trading is not about luck, you need to look at the big picture and study the coin that you plan to buy. Trading is not gambling where you have to rely heavily in luck specially in online gambling, house have the edge. You need to look at the price history, future developments, who is behind the project and of course you need to look at the trend. Learn to use tools like RSI, Parabolic SAR and Bollinger bands to help you decide when to buy and sell.

[bitcoinking11]

Don't entirely rely on luck, you have to learn technical analysis. You can find a plenty of resources on youtube, however, it would take time to master the technical analysis. Once you learn sufficient technical skills then you can gain profits in trading.

[calya]

Most people lose money trading

That is why, long before you start trading, you should learn much about this activity and business. You must weigh all pros and cons of it to realize if you can trade or not. And yes, sometimes we lose.

we could not avoid the loss but we could manage it so its become less.our preparation in trading  will determine the results we will get. whether profit or loss

[hawkins]

that's because it depends on hope for luck, not on the information that is obtained. well, trading is a bit like gambling. if you do it without information, or without other preparations, of course it will be very difficult for us.

[Aivaryamal]

Now this is not surprising, almost all altcoins have decreased in price twice, you just need to wait now for growth and sell in plus

[life time trader]

markets are bad our luck also turns bad too we should trade carefully not always our prediction will be same so we should make money when markets supports our prediction conditions

[Parabellun1917]

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.

Hello! This happens. That's right, you need to keep track of your investments. And never invest funds that you are not ready to lose. Good luck!