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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
moynul2050
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February 26, 2019, 11:49:19 AM
 #581

it's not your bad luck, but your experience and knowledge causes your luck to be bad. everything returns to your abilities. multiply your knowledge. so that you don't get caught up in your mistakes in trading.
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February 26, 2019, 12:00:50 PM
 #582

Luck is not the reason why we lose in cryptocurrency trading. I think the reason why we lose is because of the unexpected situations that we keep facing in the cryptocurrency market. We should also improve our trading skills in order to win in trading.
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February 26, 2019, 12:53:22 PM
 #583

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 😞
You're not trading but you are rather investing. Also, I think you didn't even bother to check the trading chart and use indicators and otehr tools as guide. Trading is not a gambling, thus your luck is not the major key for a sucessful trade.
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February 26, 2019, 02:43:32 PM
 #584

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.
By the way,why dogecoin?

To my knowledge, from what I read, OP did not lose in his trading. He bought doge at 39 satoshi and sold it at 49 satoshi. Which he said unlucky is because a few moments later the doge price rose to a price of 100 sathosi. Such experiences are certainly very common. Regret always comes last!

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February 26, 2019, 07:18:02 PM
 #585

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 😞
You're not trading but you are rather investing. Also, I think you didn't even bother to check the trading chart and use indicators and otehr tools as guide. Trading is not a gambling, thus your luck is not the major key for a sucessful trade.
Even not in gambling, we cannot blame only luck for our lose because in crypto currency you will earn but with your skills, so if once you had bad experience don’t consider it your luck permanently infect you should learn from it and try not to repeat your mistake and learn from it, focus on the price graph by your self don’t rely only on market indicator make your own observation.
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February 26, 2019, 11:36:32 PM
 #586

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 😞
You're not trading but you are rather investing. Also, I think you didn't even bother to check the trading chart and use indicators and otehr tools as guide. Trading is not a gambling, thus your luck is not the major key for a sucessful trade.
Even not in gambling, we cannot blame only luck for our lose because in crypto currency you will earn but with your skills, so if once you had bad experience don’t consider it your luck permanently infect you should learn from it and try not to repeat your mistake and learn from it, focus on the price graph by your self don’t rely only on market indicator make your own observation.
Problem is you don't know this is mistake or not without trying it in gambling. Wholes system is based on luck and a little bit of skills. Trading is not same as gambling and junior traders need to learn simple basics before testing real platforms.
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February 27, 2019, 01:09:32 PM
 #587

A person will always not be enough just to make a profit, if he does not set certain goals, you need to learn how to do it and happiness will come by itself
Not all the things happen by itself. People are taking this thing really hard. The one best way to make money is pure business. It could be any ordinary market business that is investment in bonds, stocks and shares or property business. It could be the crypto business. One rule you must follow is that invest and take time. Nothing can happen overnight.
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February 27, 2019, 05:25:25 PM
 #588

When you doing trading activity is better dont trade too many different coin at the sametimes so we will more easy and more focus to handle it. Trade only maximum 3 different coins is recommended so if the price rally or dump we can maximum the profit and minimize the risk.
I disagree, if you are really a trader then you need to trade as many coins as it is possible for you, and it is obvious to know why since you will have greater chances to see a good trade the more coins that you trade, while many have the false belief that all the coins move the same that is not true, each coin has its own way of moving and you need to watch them very carefully since an opportunity that appears in one coin may not appear in any other coin of the ones you are monitoring.

So trading only 3 coins is a waste of time in my opinion you should trade at least 10 coins that way you will never be short in opportunities to make money in the markets.

.
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February 27, 2019, 06:36:42 PM
 #589

When you doing trading activity is better dont trade too many different coin at the sametimes so we will more easy and more focus to handle it. Trade only maximum 3 different coins is recommended so if the price rally or dump we can maximum the profit and minimize the risk.
I disagree, if you are really a trader then you need to trade as many coins as it is possible for you, and it is obvious to know why since you will have greater chances to see a good trade the more coins that you trade, while many have the false belief that all the coins move the same that is not true, each coin has its own way of moving and you need to watch them very carefully since an opportunity that appears in one coin may not appear in any other coin of the ones you are monitoring.

So trading only 3 coins is a waste of time in my opinion you should trade at least 10 coins that way you will never be short in opportunities to make money in the markets.

Sorry, but you are wrong. You can trade only with one coin and to have big success with that. You need to understand that everyone has different capabilities, you can't be good at everything. Someone can handle trading even with more than 10 coins, someone suck at trading even with one coin. If I can say anything for sure after years of trading it`s that you need to have trading amount and holding amount for the coin you plan to trade with. Having other investments is recommended, nothing hurts if you take a little part of your profit and invest in some coin that you will hold for years.

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February 27, 2019, 08:26:27 PM
 #590

Luck is not the reason why we lose in cryptocurrency trading. I think the reason why we lose is because of the unexpected situations that we keep facing in the cryptocurrency market. We should also improve our trading skills in order to win in trading.
when you want to be a successful trader you need to make the bad situation also benefitable for you, which also need a little bit of luck but mainly depends on the skills of the person who make them better through their experience.

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March 18, 2019, 12:22:07 PM
 #591

In bear market thought me lot of things which i may not  learn in the bull market everything is learning in crypto rather than pointing out luck we can say it is lesson
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March 20, 2019, 06:21:31 PM
 #592

When you doing trading activity is better dont trade too many different coin at the sametimes so we will more easy and more focus to handle it. Trade only maximum 3 different coins is recommended so if the price rally or dump we can maximum the profit and minimize the risk.
I disagree, if you are really a trader then you need to trade as many coins as it is possible for you, and it is obvious to know why since you will have greater chances to see a good trade the more coins that you trade, while many have the false belief that all the coins move the same that is not true, each coin has its own way of moving and you need to watch them very carefully since an opportunity that appears in one coin may not appear in any other coin of the ones you are monitoring.

So trading only 3 coins is a waste of time in my opinion you should trade at least 10 coins that way you will never be short in opportunities to make money in the markets.

Sorry, but you are wrong. You can trade only with one coin and to have big success with that. You need to understand that everyone has different capabilities, you can't be good at everything. Someone can handle trading even with more than 10 coins, someone suck at trading even with one coin. If I can say anything for sure after years of trading it`s that you need to have trading amount and holding amount for the coin you plan to trade with. Having other investments is recommended, nothing hurts if you take a little part of your profit and invest in some coin that you will hold for years.
If you can get profits in one coin then you can get profits trading 10 coins, as I said if you only trade one coin then your opportunities are going to be limited to only that coin, lets suppose that you only traded the BTCUSD pair that could give you great profits but you could have missed several good trades and opportunities, the BNB coin is doing very well, TRX was giving great profits just some months ago and RVN is doing great right now.

If you watched those markets then you could have an opportunity to enter in them and make profits while in the BTCUSD pair not much is happening and I do not expect that will change anytime soon.

.
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March 24, 2019, 08:21:43 PM
 #593

Yeap, it's difficult to monitor price changes due to crypto's volatility. And even advanced traders might fail in following all these declines and increases. That’s why people designed brokers which are aimed to help traders an let them focus on the process itself. I heard that CEX is going to launch its new platform (https://cexbro.com/) that will serve as a simple trading platform but with various tools and instruments. Personally, I’m going to use it for examining different strategies. I think that should be helpful in reconsidering some aspects of trading and picking an optimal strategy.
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March 24, 2019, 08:44:16 PM
 #594

Sometimes people rely too much on luck in trading but this is just the tinny bit and there are many other factors involved. Your knowledge, skills and amalitical mind are much more important. With so much variety of coins abd so intense market you have to be able to manage all this and make decisions sharp and quickly. That is why trading is not for everyone and you can't blaim lack of luck if you suffer losses.

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April 19, 2019, 03:57:08 PM
 #595

Crypto-currency portfolio should really be checked periodically, because it happens that some of them can give 20-30% profit in a week and it needs to be fixed
You are right on your first part:
Quote
Crypto-currency portfolio should really be checked periodically
But you are not right on your second part:
Quote
some of them can give 20-30% profit in a week and it needs to be fixed
Sometime it can give 20-30 minutes within a day even within few minutes. I think while you are on online you should check and at least try to check within 8 hours each time.
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April 19, 2019, 05:48:39 PM
 #596

Sometimes people rely too much on luck in trading but this is just the tinny bit and there are many other factors involved. Your knowledge, skills and amalitical mind are much more important. With so much variety of coins abd so intense market you have to be able to manage all this and make decisions sharp and quickly. That is why trading is not for everyone and you can't blaim lack of luck if you suffer losses.
well, even for marketing strategies have special schools. well, new traders always feel that trading is easy. because of this, they forget information and skills that can be important points in trading. I suggest studying marketing techniques first.

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April 19, 2019, 06:26:22 PM
 #597

If you only believe your luck on trading to make profits then you won't make profits atleast in the long run,you need to build trading skills and strategy from your experience.Don't commit the same mistakes which causes you to lose previously but at the end its combination of luck and skill so keep trying until you can make profits.

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April 19, 2019, 06:29:06 PM
 #598

We all have bad times in trading. I for one have a bad experience in which I lost 1.343 bitcoins on a trade. I forgot the coin. At first it was doing great but after that it turned out as a bad coin and I lose all investment. I guess I invested .81 btc and then gathered like 1.343 then lost it all.

 
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April 19, 2019, 06:32:59 PM
 #599

Trading is of two thing, it's either you're on the winning side or the losing side. If you're on the winning side that doesn't mean you won't be on the losing side and vice versa. The best thing to do while trading is to avoid trading with emotion. Also to be on the safe side try not to put all your eggs in one basket learn to diversify your trade. I do hope you don't stop this your hustle and keep pushing.

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April 19, 2019, 06:34:00 PM
 #600

In bear market thought me lot of things which i may not  learn in the bull market everything is learning in crypto rather than pointing out luck we can say it is lesson

Yeah, but if we are talking about trading than remember that you can play for a price fall - short postion, so I can't understand your point.
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