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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
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October 09, 2018, 04:23:11 AM
 #221

Same here I am not successful in trading! I am still learning, it's good to go before trading in this study first. It's very dangerous if it's going to come quickly without any idea so it's my advice to study first so that it does not regret in the end

Do not give up and be more persistent. You might have some more falls and losses when dealing with altcoins and Bitcoins but finally, you will learn how to get more profit from this business.
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October 09, 2018, 05:46:17 AM
 #222

Did you learn something or nothing from this ? If you learned something I would suggest you take note of it otherwise you may keep making thesame mistakes.

Fear and regret are worst enemies of trading. Maybe you used the limit order without even remembering... fear could be responsible for this.

Sometimes it is not good to sell or buy at once.  Experienced traders would sell/buy bit by bit as the coi keeps moving up or keeps moving down


Fear and regret will not even help any situation at all. The thing with people is that they are always in a haste to learn, to make a trade, to buy into a market or sell and rather than learning from the mistakes they have made and seeing the ways they can do it better next time, they instead focus on things that are not important which is the fact that they failed in the past.

Those who dwell in the past do not move forward and trading is not about luck, it is about how knowledge and skillful you are when it comes to trading the market, which is one thing a lot of newbies in trading usually do not understand.
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October 09, 2018, 07:04:03 AM
 #223

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 think trading is not by luck and you should not put much hope in playing with your capital on luck as there is no luck in trading.  If you have the right information, knowledge and skills to succeed in trading.  You will make money if you have the right skills.
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October 09, 2018, 07:21:20 AM
 #224

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 think trading is not by luck and you should not put much hope in playing with your capital on luck as there is no luck in trading.  If you have the right information, knowledge and skills to succeed in trading.  You will make money if you have the right skills.

I agree with you. It's more like enhancing trading skills. The experience this poster was not about being unlucky but lack of knowledge and maybe negligence too as it didn't noticed and remember with its previous set orders.
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October 09, 2018, 10:20:49 AM
 #225

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.
Sometimes I experienced the same way as you did. I feel so upset and very frustrated when I already sold it and then the price will go up like that. This was very bad for a trader or holder but then this will be a big lesson for us that we should become more careful next time.
I am also unlucky in trading. When ever I buy a coin, it value start decreasing. Maybe I buy at wrong time or its just a co-incidence . I wish I can also earn good in trading like other people.
It is not about your luck, the situation is like this that nobody is earning profit these days. When you are able to make money in this bearish condition of the crypto market, you will be an experienced and skilled trader. In good conditions every trader can earn money without doing any hard work. Trading is very profitable line for making money but not in start.
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October 09, 2018, 11:49:16 AM
 #226

Same here I am not successful in trading! I am still learning, it's good to go before trading in this study first. It's very dangerous if it's going to come quickly without any idea so it's my advice to study first so that it does not regret in the end

Do not give up and be more persistent. You might have some more falls and losses when dealing with altcoins and Bitcoins but finally, you will learn how to get more profit from this business.

Definitely we shouldn't give up just because we lost in the game. We can come back strong and learn from our past mistakes. I'm not amused by a lot of people losing right now because its really hard to profit in this bear market.

But we really need to be persistent and not give up our dreams of making big in this market.

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October 09, 2018, 12:19:21 PM
 #227

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.
Sometimes I experienced the same way as you did. I feel so upset and very frustrated when I already sold it and then the price will go up like that. This was very bad for a trader or holder but then this will be a big lesson for us that we should become more careful next time.
You are not in a bad luck while trading, you are unfortunately in the biggest bear market in the history of bitcoin (well maybe not) and it has taken for over 10 months now closing to 1 year full circle of prices staying low or dropping. Which means there are few people who make money and everyone else loses money in bitcoin. Now if you think it is your fault that you are losing money in trading than I can suggest 3 important things to do.

First of all never trade on a rush, just take your time and decide what to trade carefully, buying and selling on news and things you hear is bad. Second is keep some of your bankroll and invest with some part of it, never go all in. Third and last one is invest in stuff you know deeply, never invest in something you do not know by heart.

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October 09, 2018, 12:19:37 PM
 #228

I think if you make a decision to invest, don't make an order to sell, keep hodl it although everything happens, but you still have to be grateful you can still get profit even not as big as expected
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October 09, 2018, 03:10:20 PM
 #229

I have the same mood with you! I also feel I have not been fortunate enough to enter the cryptographic market. Every investment is a lot of trouble. More losses than success. But I still like to invest in bitcoin.
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October 09, 2018, 04:31:14 PM
 #230

IMO, it is not that you are having bad luck. Perhaps be more mindful and check whether you have any open order that is not intented. Anyway, it is good to make a small profit than none.
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October 09, 2018, 06:15:13 PM
 #231

Such things happen to any person. And you should not be so upset about it. If you seriously decide to engage in trading, then you need to get used very carefully and every day to monitor changes in the exchange rate.
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October 11, 2018, 11:46:32 AM
 #232

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.

For me, I don't believe in luck actually because we all know that the outcomes of every person situation is depend on his actions and words. We must know how to handle things. As a trader you must lnow if you need to buy or to sell a token. You must measure the outcomes that may appear if you do a specific actions or trades.
In my MBA classes, our lecturer told us that before starting any business you will have to scan the environment and decide that this place is good for my business or not and then the need of the people and many other things. It means that you must get all the required information, skills, knowledge and experience about trading and then jump into this river.
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October 11, 2018, 01:06:13 PM
 #233

In my opinion cryptocurrancy is still a growing financial market and you are in the early stages. Everyone says that the next bull run will have some bags that are suitable for us to hold on to.
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October 11, 2018, 01:16:38 PM
 #234

Not all of us are so lucky on trading. I also lose some money when i start trading and also i lose some money (not so much) this year. The best we can do is continue trading and get a +% profit after more trading and choose the coins we think will have a good chance to grow. And we have to wait for coins to grow, exactly as on stocks markets. Others people do trading with bots, maybe is better for them, i never tried.
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October 11, 2018, 01:26:52 PM
 #235

I also have bad experience yesterday,  i bought XRP afew week ago with the price 0.33 USDT and after that the price dump to 0.26 USDT and i have to wait about 3 week to recover that loss by sold XRP by price 0.33, but after sold it, the price going up more others 60% , so i miss big profit.  Lesson learned, should be i use stop limit order so i will not miss that big profit.

Never invest in xrp on a huge amount because for sure you will be loss in the end. Xrp for me was really manipulated by the investors who are whale actually. Were they are more on hyping  people to buy their token. Like what happen to your experienced for you to recover your loss you need to wait, but the question is when will it happen again?
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October 11, 2018, 02:33:50 PM
 #236

This is we experience at first in trading that we got lose all throughout the day. We may have a bad luck and we may have a very lucky day in trading. But most of it, in every mistakes we experience we should learned our lesson in crypto.
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October 11, 2018, 02:46:06 PM
 #237

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.

If you're a trader, you must learn to monitor the price chart every day or every minute if possible. Opportunity is limited so if we missed it then sorry. It may take a very long time to have that kind of opportunity again. I think it is not about the luck if we do not earn in trading, it is about the "lack of knowlege" so we must learn more about trading / the market / the coin / the price chart.

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October 12, 2018, 02:46:30 AM
 #238

You are losing your patience. Trading is always a risky way yo earn. But if you have a good knowledge on trading you can earn still as you have. You can get benefit from this downtrend market.Just try yo trade in now to recover yourself. Hopefully you will get profit as the market is going to recover. Don't lose the momentum.

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October 12, 2018, 04:05:16 AM
 #239

I have heard so many sad stories. Long-term investment does not mean that you do not care about it, that's a mistake. Long term investment means that you believe in its future growth but you need to look at it every day. Simply because this is a special market, the altcoins can evaporate suddenly, so we need to be more careful in the future.

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October 12, 2018, 05:12:24 AM
 #240

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?

Not all but the majority of them. The guys simply rush to invest their money in the cryptocurrencies and do not learn anything about the chosen tokens before they buy them.
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