cathat
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Activity: 264
Merit: 100
TEMCO
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October 12, 2018, 05:25:41 AM |
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With checking every day you are joking. The situation which you had, could have relation with stock exchange on where you are trading. If you want will be sure the order was or not, all actions must be duplicated in a notebook. Then there will be no such doubts.
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quality.crypto
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Activity: 854
Merit: 10
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October 12, 2018, 05:55:32 AM |
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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. Yes, knowledge is the major important thing to learn for making money through trading. Of course, sometimes even an experience will face the problems but they will cover them in other coins. In trading, we need more knowledge to make at least a little profit through it.
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Fredomago
Legendary
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Leading Crypto Sports Betting & Casino Platform
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October 12, 2018, 06:30:19 AM |
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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. Which should be corrected by the thread like this, from this simple shares, opinions can be educational from those who are still aspiring to invest, they can learn from previous experiences and if they really take it seriously then they can achieved and avoid or lessen the chance of losing money, investment needs to be well studied before you place your entry in any assets that you are eyeing to place your money.
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baghdatis1990
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Activity: 504
Merit: 14
Miracle Tele
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October 12, 2018, 08:09:23 AM |
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Luck in cryptocurrency can not be associated with roulette or gambling. We can not really blame luck or bad luck when investing in cryptocurrency. The crypto market can be characterized by patience and experience. The crypto market is oscillating, the price of the coins reacts positively or negatively, depending on the news about that currency and its promotion.
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Japinat
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October 12, 2018, 11:09:17 AM |
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Luck in cryptocurrency can not be associated with roulette or gambling. We can not really blame luck or bad luck when investing in cryptocurrency. The crypto market can be characterized by patience and experience. The crypto market is oscillating, the price of the coins reacts positively or negatively, depending on the news about that currency and its promotion.
We need more knowledge and skills here that luck, the risk is lower compared to gambling because we really have a chance to become profitable. In gambling, you cannot win in the long run because the of the house edge, but in trading, there is non and you don't loss if you do not make a judgement to sell lower than the amount you bought your assets.
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enwi
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October 13, 2018, 11:07:18 AM |
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in trading we must always check the price of coins in the market so that we will always know the development or price movement and we can buy or sell coins that we have at a favorable price
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LongerBitcoin
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October 13, 2018, 11:42:27 AM |
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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.
It is not all about luck but your experience (that is practical experience) which counts a lot represents your knowledge that will play a key role in the success of crypto trading. If you have no practical experience then it will be quite difficult for you to deal with any crypto trading for the first time. therefore, you should begin with less valuable coins so as if it is loss then it will not be a big loss and you will learn more from it that will help you out in future.
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pinkpanther03
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October 13, 2018, 01:15:36 PM |
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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.
Maybe we as a member of this forum in this field of business industry of crypto currency world are experiencing unobtrusive results in trading platform. That's where I think it's normal being a trader. However, we still need to learn about the errors or shortcomings we have made in the past while doing doing trade in the market.
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filtyfrank251
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Activity: 364
Merit: 10
The Exchange for EOS Community
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October 13, 2018, 02:38:55 PM |
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in trading we must always check the price of coins in the market so that we will always know the development or price movement and we can buy or sell coins that we have at a favorable price
Yes, regularly checking their prices regularly will help us control the good price and sell the coin at the most reasonable price, so I think we have to be patient, wait for the market to grow again.
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jackylion
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Buy, sell and store real cryptocurrencies
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October 13, 2018, 03:00:38 PM |
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I am like you, I have been involved in the electronic money market for more than a year, but I have never been lucky enough to get a high-value penny. So I always look for and regret, but I still hope I will have good luck in the future.
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ataki
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October 13, 2018, 04:39:47 PM |
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When you set the selling order you were pleased with 26 % profit. Never regret your past decisions if you made profit. It is easy to pick the lottery numbers after they were being drawn.
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jonhn772
Jr. Member
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Merit: 1
Security and Privacy Features on the Blockchain
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October 13, 2018, 04:49:32 PM |
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I also faced this types of problems in trading. But you should be happy mate. Cause you got 20%+ profits. I lost so many Bitcoins on this bear market.
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rapsa2018
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October 14, 2018, 11:57:31 AM |
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Every crypto traders felt for your experience in trading also as a trader like me also loss big funds and not even get luck everyday I trade.
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tenakha
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October 14, 2018, 02:20:17 PM |
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The price you see in Coinmarketcap is the average price. So the average price of all exchanges where dogecoin can trade. You should have tried other exchanges, you just made a mistake by looking one of them. Also you can try coinlib instead of coinmarketcap, you can look to price according to the exchange.
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Adhar
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October 14, 2018, 06:36:33 PM |
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Its Normal, you can learn from your mistake. Every traders are facing some lose.but important is how can you prepare for next.so dont panic,its part of the crypto.
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Xising
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October 14, 2018, 06:38:06 PM |
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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 would not say it's luck, I think the market is just not in a good state right now, that even when you are prepared for the trades you make, they sometimes go down sight in a very unexplained fashion, therefore, you can't totally blame luck for it. I think, what you need to do is to actually take a step back and see whether you did some miscalculations or miscues in some areas that lead to the loss. I mean, even seasoned traders sometimes go after leads that would seem good on the onset, but would not be a good one in hind site. I mean, since the market is not in a good state right now, every venture one makes should be double even triple checked if necessary.
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Agapelove
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Activity: 425
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October 14, 2018, 11:06:03 PM |
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Sometimes it is better to be lucky than great. But, this is good for only very few times. In trading, strategy is the key, not luck. Better to understand how things move on here in the market. Don't just leave then come back. Monitor your investment wisely.
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Bobby park
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Activity: 546
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October 14, 2018, 11:44:56 PM |
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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 are bad luck in crypto trading, I would say that I am a bad luck also in searching for a good bounty. I had 5 bounties since I have joined here but all of them are failed. I thought it is easy to stay in bounties but I think trading is my forte. However, I want to prove to myself that I will become a successful bounty hunter someday. So, I joined again and this time, I will select a good one.
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juntop1
Newbie
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October 16, 2018, 11:50:36 AM |
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I think luck is not a key to success in crypto trading. What you have experienced is called a mistake. But don’t take it that negative, it’s a lesson which can protect you from further mistakes. Any experience in trading improves your skills. The crypto market requires a lot of knowledge and practice.
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Congyang
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October 16, 2018, 11:53:23 AM |
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If you believe luck has to be responsible for your woes in cryptocurrency, I will say it is not the same for millions of people trading and investing in cryptocurrency. I think luck has little to do with the level of success you enjoy in cryptocurrency, skill and proper understanding of cryptocurrency and good planning does!
luck is not a major factor in crypto's success, the main factor in trading is the ability of the skills that traders have, if only relying on luck will never get profit regularly.
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