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Author Topic: My luck is very bad for crypto trading 😞  (Read 26360 times)
Mozdalifa17
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September 21, 2018, 03:41:22 PM
 #21

Be optimistic with good patience, most of us are loosing money due to current decline faced bitcoin and other altcoins in past year but i am sure it going again to huge dump with the coming five months. Just keep track your asset. Also never invest than you can afford to loose.
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September 21, 2018, 03:56:06 PM
 #22

Why are you saying there is no profit there?
That is 10 sats per doge coin that you already accumulated. That is not an easy task. Just be thankful with it and move on.
That could be the only way that you could swallow that regret that you are feeling by now.

Besides, I do think it is your fault also. You are going for a short term trade and yet you did not monitor the price or if you have already put it in a sell order.
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September 21, 2018, 04:07:43 PM
 #23

I recommended you must using price alert app such as blockfolio or CryptoPriceAlerts for cryptocurrency for getting Live price check of different coins from different trading platforms. Along with price check, the app provides a special "Alert System" facility in which you can set your CryptoPriceAlerts according to the platform and the App will alert you in the form of notification whenever several alarm conditions are satisfied.
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September 21, 2018, 04:16:37 PM
 #24

Well it's a common sense to check your investment, although you don't need to check it everyday but you should at least check it every now and then. You can also use apps like blockfolio or delta so you can track the price on your phone and get notification if the price cross certain price. If you don't care about your investment then it's purely your fault.

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raghovsing34 (OP)
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September 21, 2018, 05:07:17 PM
 #25

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?
I was buying a doge coin, when 100 satoshi cross to sell. 49 satoshi sell order I gave myself, but never remember when.

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September 21, 2018, 05:12:23 PM
 #26

You have answered yourself, Like me what i do is that, if i believe in a coin, I will buy the coin then set  the price i want to sell it at, I won't panic even if the price is going down, to be successful in crypto trading, you need to have a plan and stick with your plan.
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September 21, 2018, 05:14:00 PM
 #27

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?
I was buying a doge coin, when 100 satoshi cross to sell. 49 satoshi sell order I gave myself, but never remember when.
Like most of replied said, profits still a profits be thankful for that, treat this things as a experience to learned, there's a lots of things we needed to
understand inside trading business, next time better to keep monitoring your assets even not everyday but give some time you need to remember
it's your money regretting now won't change anything but moving forward and take another steps will be a good things to do now.

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September 21, 2018, 05:15:16 PM
 #28

Cryptocurrency price is unpredictable. Anytime the price may increase or decrease. So you should check the regular price. For this you can use some price alert application. By which you can get alert about price and make the right decision at the right time.
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September 21, 2018, 05:20:23 PM
 #29

Yeah, bought some ETC and ETC-related altcoins, just before the dip. Is there any chance of recovering at least to the same position?
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September 21, 2018, 06:21:35 PM
 #30

yes that's a good suggestion at least checking the market 1 time a day is important because you might be able to sell it at a high price when the coin is hit by a pump but never be lured into panic if the market is red

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September 21, 2018, 06:37:54 PM
 #31

That is common for newbie trader you can't assume to have a good trades without knowledge and experience even the professional traders have a bad trades with crypto but that odd that you have a sell order of 49 satoshi for doge trade but you don't have a clue for putting that order, I think you just don't remember putting some order this can also happen if you made some mistakes to your account.


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September 21, 2018, 06:38:47 PM
 #32

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.
Don't be greedy,you already made some profits so you need to be contented with that and need to think about you next investment plan if you keep thinking about the old story then you are not going to be an successive trader.And remember this this is just a normal thing in the traders life so keep accepting what you made.
I won't say that was being greedy, as OP pain was that he didn't remember placing any sell order and at that rate for that matter! It would have been easier to take if the decision were his, but not as easy, when the sell order was a surprise in the first place!

Since that was not the first time OP had experienced similar occurrence, I think problem is, he must have unwittingly turned on some buttons in his settings, which he needs to undo, else the end of such ugly situations is not in view yet.
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September 21, 2018, 06:44:31 PM
 #33

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.
You should have a well defined trading strategy before embarking on trading cryptos which will ensures analyzing a particular coin you wanted to buy or sell and also have a define area or zone where you are expected to take profit and its advisable to use stop loss and take profit while trading with a risk to reward ratio of 1:1 or 1:2 this will assist you in planning your trade and avoiding bad trade.
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September 21, 2018, 07:32:06 PM
 #34

This is how things work in cryptocurrency. You can never get it all right at all times. You made a profit and that is what matters most. Use it as part of learning and forge ahead
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September 21, 2018, 08:08:01 PM
 #35

This is how things work in cryptocurrency. You can never get it all right at all times. You made a profit and that is what matters most. Use it as part of learning and forge ahead
That is right and we should anticipate worst things too, because right now we can have the things we want if we will just know how to handle things, crypto is unpredictable job it is a matter of trust and how you are learning things.
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September 21, 2018, 08:28:49 PM
 #36

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.

Now market's situation is very bad. If you can still make profitable sales in this case, you're lucky. The price of all the coins i invested has went down at least three times.
Also, maybe you haven't found the right exchange. Coinmarketcap only shows the average price.
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September 21, 2018, 10:50:12 PM
 #37

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 😞

Luck has nothing to do with it. And besides, it look like you have profited already why are you mad? Sometimes its boils down to timing, and a good advise is to have your entry and exit plan in place. If you set that in motion, specially the exit plan, you should have made a profit, but at the end of the day a profit is still a profit so you don't have to feel mad or something.

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.

Let that be a lesson learned for you, at least check the price and see if you hit your exit plan then all you have to do is push the sell button.

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September 21, 2018, 10:59:42 PM
 #38

Crypto trading is about luck if you go all-in. Use some risk management and you can beat the game on the long run, like a poker player
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September 22, 2018, 03:05:40 PM
 #39

I’m work in cryptocurrency trading but I never blame in my luck because as I know if I more learn about trading so I can make a better result in my trading. So I never blame my luck hope you understand because it dipped on you, if you know how to start trading with a very passive income so must learn and stop blame in your own luck. Cryptocurrency trading is very passive earning so must control your emotion then start your work.
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September 22, 2018, 03:10:00 PM
 #40

Don't blame your luck, blame your lack of knowledge and experience


take things into your own hands if you want to be successful
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