bebekangsoo
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December 26, 2018, 01:58:06 AM |
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You should understand, that no need luck for crypto trading. You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
the majority error comes from an analysis that ends fatally. on the other hand stuck in the hype without seeing the fundamentals as a whole, luck only applies 34% in the market because everything can be analyzed correctly, even our attitude to trade also needs to be regulated with discipline and not carelessly making orders in irregular times.
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hulla
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December 26, 2018, 03:28:13 AM |
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You should understand, that no need luck for crypto trading. You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
the majority error comes from an analysis that ends fatally. on the other hand stuck in the hype without seeing the fundamentals as a whole, luck only applies 34% in the market because everything can be analyzed correctly, even our attitude to trade also needs to be regulated with discipline and not carelessly making orders in irregular times. Making orders or investing in irregular times and chasing after a coin due to the hype ignoring the fundamental are not the right step for every crypto currency traders that want to make profit. But, the analysis either doesnt guarantee the success of a trader or investor because analysis require luck because it somehow a guessing game and if the coin is a well supported coin then it good to go.
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MiiDoViic
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December 26, 2018, 01:47:15 PM |
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You should understand, that no need luck for crypto trading. You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
You are completly wrong my friend , yes having an experience in trading and knowing how to analyze the market will help you make profits or not lose that much , but luck is factor in every aspect of life . Many people made bank just by being lucky and holding blindly ,while many others worked hard and did everything in their power to make the right move yet they still lost. Luck is no guaranteed and you shouldn't join the market with the mentality of lucky shots. You should learn more from every step you take and most importantly , you should learn how to back off or give up at the right time.
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adamlillian
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December 26, 2018, 01:54:51 PM |
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It is really a valuable lesson for you. I think we should place a sell order when holding any one altcoin. We need to determine the profit we want to make and place a sell order at a reasonable price. that will avoid mistakes like you and avoid greed.
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sopanbmp
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December 26, 2018, 02:03:46 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.
neither i can't even make a profit form short trading. i just a amateur for daily trading, need to learn more the technical trading. so i decide to be a holder or longterm style, just need more patient.
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QuadsPoker
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nothing is impossible
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December 26, 2018, 06:11:09 PM |
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There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.
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Signature for rent. Your signature will be displayed an entire year in one of my threads that is visited 200+ times daily
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Isiaka208
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January 13, 2019, 02:51:51 PM |
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I guess you really do not have enough experience in trading, you may have made a sell order for a profit of 10 satoshis but completely forgot because the price had gone up to a 100 satoshis. It happens generally though, but you have learnt at least.
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De Young
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January 15, 2019, 08:10:36 AM |
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M8, it is lack of experience and your attention. That's all. If you want to be really successful trader, you should not only buy and sell, but also doing your own research: how the market rises and falls, how to buy cheaper and sell more expensive, how to use various types of orders, how to operate on various exchanges. Only in this case you will bu sure in your investment, and woun't do stupid mistakes. Trading is a job and you should pay a lot attention for it. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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imstillthebest
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January 15, 2019, 08:16:41 AM |
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M8, it is lack of experience and your attention. That's all. If you want to be really successful trader, you should not only buy and sell, but also doing your own research: how the market rises and falls, how to buy cheaper and sell more expensive, how to use various types of orders, how to operate on various exchanges. Only in this case you will bu sure in your investment, and woun't do stupid mistakes. Trading is a job and you should pay a lot attention for it. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) yes we already know that but all of that is useless if you are not lucky . luck is all we need so that we can buy or sell more efficiently because we cant predict on what will be the next move of cryptos . trading/investing is more of a kind of gambling because all works in random here though in gambling the chances of loosing more higher than winning because we dont have a reference or a sign , not unlike to trading and investing where we can follow or listen to our own instincts based on what we see or hear in the news .
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wayaneka
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January 15, 2019, 09:52:39 AM |
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From this case, now you should be learn how to earn maximum profit when the price of crypto sky rocket. Many trader has the same problem when trading, that is to hard predict the top price when bull run and also difficult to predict the bottomed price when downtrend. So to maximum profit we can use feature of trailling stop and to avoid more loss when downtrend we can use stop loss. We should be have more skill about risk management.
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MrPiggles
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January 15, 2019, 12:28:44 PM |
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It is really a valuable lesson for you. I think we should place a sell order when holding any one altcoin. We need to determine the profit we want to make and place a sell order at a reasonable price. that will avoid mistakes like you and avoid greed.
Perhaps everyone in this market is greedy at a very high level. They are always confident that they can get the best return from long-term investment but this thought is no longer this year because people are at a very difficult stage and just a few news can be impact on investor psychology and will cause turmoil in this market
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deisik
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January 15, 2019, 06:18:38 PM |
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There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.
This is farther from truth that you can think of And there is no waterproof or bulletproof or foolproof strategy unless you are an exchange itself. Even if you are an arbitrageur, you are still not free from usual trading risks. If it were otherwise, we would all be millionaires by now. And who is to hold the bag then? It is relatively easy to earn profits on a rising market and almost as easy to earn on a falling market too, but try to squeeze decent profits from a sideways market. And given that in such market the majority of traders are losing in the long run, they are simply gambling against the "house" (which is exchanges and other price manipulators)
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voltesbit777
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January 15, 2019, 07:49:44 PM |
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All traders in crypto trading had their own bad experience in doing trade in every exchange. But its not the reason for us to quit in it, instead we should take a learning lesson for us to achieve success here just like what happened to all successful traders in this business industry as well.
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PuertoLibre
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January 15, 2019, 08:49:06 PM |
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All traders in crypto trading had their own bad experience in doing trade in every exchange. But its not the reason for us to quit in it, instead we should take a learning lesson for us to achieve success here just like what happened to all successful traders in this business industry as well.
Everyone have bad and good days in trading but what matters is profit at the end of day. Successful traders are the ones who found the way to become a successful managers which it is all about to learn from the best. As an smart trader you have several shortcuts to invest and trade. Different approaches and strategies lead to chaos effect on the markets and that's why strategies stop working after a while.
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pant-79
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January 15, 2019, 10:03:16 PM |
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If you think that your profit depends only on how lucky you are, then you should not do crypto trading, but for example, betting or playing in a casino. I will not deny that in the crypto market everything is arranged in such a way that manipulators can easily affect the price of a coin by any means available to them. But I'm sure that a sufficient amount of knowledge, experience and skills guarantees its owner a stable income. I advise you to stop thinking that your luck is bad, it is better to direct your energy to get specifications what will bring you profit (listed above).
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Victorycoin
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January 19, 2019, 01:05:01 PM |
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There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.
I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.
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Goodvalony
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January 19, 2019, 02:09:13 PM |
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Quite a funny story but You need to learn and observe the Market well. time is very important for trading and you sounds like you are Newbie. You need to learn first before you start trading. practice trading and don;t let your greedy mind lead you. you have made the first the first step which is wonderful. as you trade, try learn as well.
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babarian
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January 19, 2019, 02:12:03 PM |
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there is no luck trading crypto currencies, market conditions and the benefits you can get from the analysis you do. luck is only a small part of the trade you do.
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mersal
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January 19, 2019, 05:03:22 PM |
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there is no luck trading crypto currencies, market conditions and the benefits you can get from the analysis you do. luck is only a small part of the trade you do.
The luck will not be stable it changes to each and every person on the victory also not stable once it comes to us we will definitely hold on for long time if we miss the opportunity then we can be definitely not suitable for this creating journey so training needs experience and luck also being a part of our investment journey.
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John46285
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January 19, 2019, 05:45:06 PM |
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Yes, now we are in the same situation which we lose value due to price fluctuation in the market. Crypto trading is very risky to make a profit and most people say it is very easy to make a profit but i never find any easy in crypto trading.
In my opinion crypto trading is not so much hard. We just need to be focus on trading and we need to learn it from basic level to advance level.
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