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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
voltesbit777
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May 16, 2019, 10:03:18 AM
 #681

This is the reality of cryptocurrency trading, the prices are very unpredictable. So, I think it is better to trade not just coin. For sure, there will be days of losses and days of gains. What is important, as long as your average is gains, no need to worry.
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Kasabus
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May 16, 2019, 10:11:51 AM
 #682

I don't think it has to do with luck, most times it's about analysis, both fundamental and technical
luck also has to do with trade because if someone is lucky it means good things come to him. if we have done the analysis and others, but we are not lucky, it's useless in my opinion. those who try desperately will be with the lucky ones.

A trader will be lucky if he know how to trade properly, luck is only secondary, what we should be focus is to improve our skills in trading.
You have to credit on your effort if ever you will be successful in crypto, just forget about luck, we all have that but not all of us has the skills in trading.

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Tervelatuk
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May 16, 2019, 05:08:49 PM
 #683

This is the reality of cryptocurrency trading, the prices are very unpredictable. So, I think it is better to trade not just coin. For sure, there will be days of losses and days of gains. What is important, as long as your average is gains, no need to worry.
we have to able make gain possibility bigger than loss possibility if we want to survive in crypto market.this is right price was unpredictable but we have to able to manage it atleast so we could avoid huge losses.
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May 16, 2019, 09:03:20 PM
 #684

I don't think it has to do with luck, most times it's about analysis, both fundamental and technical
luck also has to do with trade because if someone is lucky it means good things come to him. if we have done the analysis and others, but we are not lucky, it's useless in my opinion. those who try desperately will be with the lucky ones.

A trader will be lucky if he know how to trade properly, luck is only secondary, what we should be focus is to improve our skills in trading.
You have to credit on your effort if ever you will be successful in crypto, just forget about luck, we all have that but not all of us has the skills in trading.
For me as well luck is not that important thing but your skills and knowledge matters allot to become a good traders, try to gain information about market and the coin nature related to trading strategy, at starting no one is actually a good trader but with time he learns and become an expert trader,  so keep learning you automatically will become an expert trader.
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May 16, 2019, 11:03:53 PM
 #685

If you didn't set the order for 49 Satoshi then how could it happen that your coins were sold? Did you uncover this mystery?

On which exchange did this happen? Maybe this is some kind of failure? Orders do not usually work themselves
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May 16, 2019, 11:05:12 PM
 #686

If you didn't set the order for 49 Satoshi then how could it happen that your coins were sold? Did you uncover this mystery?

On which exchange did this happen? Maybe this is some kind of failure? Orders do not usually work themselves

Yes, this is a very strange situation.

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May 16, 2019, 11:59:37 PM
 #687

Don't rely on luck too much. you have to learn how to trade. there's no harm in asking those who are doing well in trading. However, don't jump into those who asks you to join their pump and dump groups, you will not earn from it, most specially those who will ask you a fee. they will earn from you and you get nothing but late signals.
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May 17, 2019, 05:36:50 AM
 #688

I think luck only plays 1%, sometimes effort and persistence can change your luck, and what you get is enough to give profit, if you think you have "bad luck" then you have become greedy. all traders have experienced this, for that we need to re-correct the lessons about trading, and how much your profit target.
Well said, with trading the contribution from luck is very small. It is our effort to analyze the market gives us with the best results in buying, selling as well on selection of the right asset from the 2000+ number of cryptocurrencies. People always target and trade which is where loss happens and describes it a bad luck, though mistake is theirs.
Crypto trading wholly depends upon how you deal with it; you will get positive result only if you make right decisions. The luck factor does not exist if you are working the most right way because crypto currency is not luck-based trading. If you learn the strategies and decision making steps of what the professionals do only then you would be able enough to do something instead of crawling about luck.

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May 17, 2019, 09:21:27 PM
 #689

Trading is simply playing with the coins volatility and earning from it. Since we all know that each coin has its own level of volatility, we should also expect to check its price more often to avoid getting price maturity and loss. Lessoned learned mate. I know you wont do this again. Still keep on trading.

If you trade seriously, you should live with it every moment and work a lot. You must monitor the rates of the cryptocurrencies and get the news from the crypto world as often as you can. Then the success will finally come.
I totally agree with you bro, day trading is one hell of a job, the thing is, try to set out time when you trade and set out your relaxation time as well, if not, your life will be one hell of a shit full of worries and anxiety
Yes day trading is good only for those who are free for trading all the time and don’t have any other job, day trading needs attention and it take time as well, so better try long term trading or gain knowledge about trading so you will not be worry about temporary rise and fall of the market, you cannot only rely on luck try to learn trading.
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May 17, 2019, 09:52:15 PM
 #690

Sure, you should find the right one for yourself. But, how will you be able to find it without trying? Try yourself with demo accounts before trading with real money. When you get what you want, you can continue with real money.
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May 18, 2019, 06:21:28 AM
 #691

If you do not have enough experience in trading, then in the world of digital assets you need to take at least six months or one year and use only reliable and proven sources of information, every day they become more!
in the world of trading, I think experience alone is not enough. even when you have been trading for a long time, but you don't study, I think it's useless. don't rely on luck in this regard, because the results are sometimes disappointing. experience is indeed needed, but, the most important thing is to learn from experience.
It is important to learn from experience but today new traders are focusing on the minimization of bad experience. They do not want to have a bad experience ever in future in the crypto trading and this is a very good sign. They learn always all the time they spend in the crypto trading that will result positively. Other traders who blame their luck after facing with loss are totally wrong, they should learn to trade.
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May 18, 2019, 01:20:21 PM
 #692

This is the reality of cryptocurrency trading, the prices are very unpredictable. So, I think it is better to trade not just coin. For sure, there will be days of losses and days of gains. What is important, as long as your average is gains, no need to worry.
Indeed, crypto currency trading should not be the main income, because the price is very unexpected. therefore I agree with what you say.
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May 18, 2019, 08:59:11 PM
 #693

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.
I will like you not to say your luck is bad when it comes to Crypto trading, the journey you embark won't be easy if you don't focus on what you do. Cryptocurrency trading is trickish and it takes the wised and sharp ones to go through it. The market is not meant for dull minds.
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May 18, 2019, 10:11:29 PM
 #694

We need to friend the trend. One of initial tips gave to me by my pro trader. If the trend line is not biased to our execution then we are bad luck. However, there is no bad luck if you can observe the market vividly. Be observable and know the movement of the candle, study the chart deeply and see the result. If you lose then try it again. Remember, it takes 1000 times before Edison lighten the bulb.

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May 18, 2019, 10:41:12 PM
 #695

Perhaps you accidentally set some kind of setting or something similar, to your coin sold automatically. Because it couldn't just happen. You're right, we should check our coins more often.

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May 19, 2019, 11:15:20 PM
 #696

I think luck only plays 1%, sometimes effort and persistence can change your luck, and what you get is enough to give profit, if you think you have "bad luck" then you have become greedy. all traders have experienced this, for that we need to re-correct the lessons about trading, and how much your profit target.
Well said, with trading the contribution from luck is very small. It is our effort to analyze the market gives us with the best results in buying, selling as well on selection of the right asset from the 2000+ number of cryptocurrencies. People always target and trade which is where loss happens and describes it a bad luck, though mistake is theirs.
Crypto trading wholly depends upon how you deal with it; you will get positive result only if you make right decisions. The luck factor does not exist if you are working the most right way because crypto currency is not luck-based trading. If you learn the strategies and decision making steps of what the professionals do only then you would be able enough to do something instead of crawling about luck.
Luck is not totally out and not only luck is the factor which matters so I think we will have to carry both at the same time, I think if a trader have good knowledge about trading then it will be good but if you are not well skilled luck does not matter, try to gain knowledge more, buy at good time and sell at good so no other factor will affect your profit.
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May 20, 2019, 09:51:24 AM
 #697

If you do not have enough experience in trading, then in the world of digital assets you need to take at least six months or one year and use only reliable and proven sources of information, every day they become more!
in the world of trading, I think experience alone is not enough. even when you have been trading for a long time, but you don't study, I think it's useless. don't rely on luck in this regard, because the results are sometimes disappointing. experience is indeed needed, but, the most important thing is to learn from experience.
It is important to learn from experience but today new traders are focusing on the minimization of bad experience. They do not want to have a bad experience ever in future in the crypto trading and this is a very good sign. They learn always all the time they spend in the crypto trading that will result positively. Other traders who blame their luck after facing with loss are totally wrong, they should learn to trade.

Unfortunately, only serious losses can become the best lessons for the beginning traders. The most difficult here is not to give up, take up the situation staying a realist and try not to repeat your mistakes.
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May 20, 2019, 09:53:55 AM
 #698

Indeed, crypto currency trading should not be the main income, because the price is very unexpected. therefore I agree with what you say.
That is not the case with cryptocurrency trading alone, any form of financial investment should not be considered as a source of income and many people are doing that mistake and so is the reason we see many people crying about having losses, if you have a stable job and if you consider this as an investment platform rather than a job then you will reap profits and that is the way it should be with any kind of investment.
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May 20, 2019, 10:08:02 AM
 #699

Perhaps you accidentally set some kind of setting or something similar, to your coin sold automatically. Because it couldn't just happen. You're right, we should check our coins more often.
If you are not really familiar with this business better to keep watching the market and see if you can take some advantage, it's not luck but your skills
to developed when you are trying to work out with this industry, you can keep making good decisions when you have good knowledge about this business.

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May 21, 2019, 04:39:19 PM
 #700

You cant trade base on your luck you have to trade base on your trading skill and experience if you want to make trade according to your luck then it is high chance to be a loser but if you trade base on your skill and experience then you may make good profit.
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