My luck is very bad for crypto trading 😞

[Fivestar4everMVP]

Well, for me, I think everyone who ever started trading Cryptocurrency will at one point in time have a bad story to tell, trading crypto for me is fun, I enjoy doing it but that was then, now I no longer trade due to some experiences I had, back then in 2016, I used to day trade on poloniex, along the line, I had some real life issues and could trade for like 6 months, on the 7th month, I decided to start trading again only to discover that most coins I used to trade 6 months ago has gone so high in price that I couldn't afford to buy as many as I used to buy before which where always in tens of thousands, that made me conclude that it is best to invest in good coins for long term than to day trade

[1714191673]

1714191673

[1714191673]

1714191673

[Eth-Jackcoin]

I once experienced this same ordeal sometimes ago. My experience was with Dragon coin. I actually got it from bounty but I was ready to leave it for a period of time.
 It is inevitable that someone must say “I had known”. Some withdraw and the value increases while some will let it climb but refuse to sell until it starts depreciating, then they regret.
understand the candle sticks and follow your mind. That is.

[Dreamchaser21]

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.

Yes its a lot more easier compare to other market and I think in tradin luck is not a big matter since trading is consist of a lot of hard work. Don’t depent on your luck, its good that you study before you trade and if you just think about that luck you will lose forever.

[peter0425]

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.

Timing is everything, not just in crypto trading but in life as well. You also need to be observant and see how the market is doing through technical analysis. And that's where all the newbies got lost, and making a bad decision and regretting it. You need to include exit plan as well so that the greedy part can be mitigated to say the least.

[ufaiz50]

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.

It is your fault, it has nothing to do with luck. I have experienced things like you and I think many traders like that, it's just that I don't forget to place a coin order because I think the coin I will sell will arrive at that price and when I see the next few markets, the price is double that the value that I put.

[heninur]

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 have to be grateful because you still get profits even though not in large quantities.
What trading do you actually follow? is it trading in the long run?
you are right, even though you are trading for a long time, you have to continue to monitor price developments.

[qiwoman2]

I have been picking the wrong coins and projects and that was my downfall in 2018 and early 2019. I am now at the very edge of capitulation but am trying hard to find a way to stay afloat in crypto, even though most of my bags have died and I have had to sell most to live on. Now am running out of funds, not sure how to find a way today trade right now and would love to find a robot or something that would help me scalp trade. I only need to earn like 35 bucks a day to stay alive but not sure what coins or how much capital I would need to earn that in a day. I hope your luck changes for the better as I also want to find some solution and look for a way to earn more money to maybe make some good trades.

[hulla]

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.

Yes its a lot more easier compare to other market and I think in tradin luck is not a big matter since trading is consist of a lot of hard work. Don’t depent on your luck, its good that you study before you trade and if you just think about that luck you will lose forever.

I also agree that crypto currency more easier than any other form of trading or market and this why some cryptoneir like the OP make losses because they only view it as a simple things to do but they ignore the very step and tips which shouldn't be take merely. Besides, this why some people dont seek for the require knowledge they needed to make a successful trade.

[Pattart]

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.

You can't blame your luck because you lost your trade. trading is not the same as gambling that can win and profit only by luck. in trade you need skills in analysis, are smart and have more knowledge about crypto market. if you lose of course because you don't have that..

[Farma]

trading is indeed quite difficult lately. Unstable prices make a lot of people confused. well, for now, even a lot of people find it hard to get a big profit from trading. in matters of luck, I am also not very good at trading. all I can do is sell the assets that I have.

[Aivaryamal]

Yes, trading and even holding requires constant attention and checking the price of cryptocurrencies, there are convenient applications about the growth of various digital currencies

[Barbut]

Yes, trading and even holding requires constant attention and checking the price of cryptocurrencies, there are convenient applications about the growth of various digital currencies

Depends what kind of strategy you wish to apply that much time you need to spend on it. I don`t pay attention on prices everyday, I`m long term trader, I have many coins that I wait to grow. Last year wasnt so fruitful for many of us, but I still have my coins and I will wait new bull run before I sell anything, in the meantime I will work for more. Just move the price from your eyesight and concentrate on technology you invest in.

[stadus]

trading is indeed quite difficult lately. Unstable prices make a lot of people confused. well, for now, even a lot of people find it hard to get a big profit from trading. in matters of luck, I am also not very good at trading. all I can do is sell the assets that I have.

Selling your asset will only make you loss more, the market now is not the right timing to sell, it's about accumulating.
It depends on the situation I guess, if you are investing everything and you are in a situation where you really need the money, you'll likely to sell as you have no other choice, you know that holding is the best solution to our problem now but we still do the other way around.

[Forbiddenone]

In trading you have regularly keep an eye on price and decide afterward to hold more or sell to make profit and it is generally fast profit. Don't try to do trading if you have no priop knowledge of chart and volume ,it is not investment that you can invest and wait for few month to get return ,trading aim is to get small but fast profit rather waiting for long time.

[fudster]

You are not that of a bad luck though you still profit about 10 satoshi each doge. There are worse traders we can see to some threads here. They bought WAVES at $0.55, the price goes up and missed the spike because he didn't make a sell order. The price goes down and was afraid to lose more so he sold at $0.40. Amazing how they see it when they can just hold and wait again.

[whirlcoin]

You are not that of a bad luck though you still profit about 10 satoshi each doge. There are worse traders we can see to some threads here. They bought WAVES at $0.55, the price goes up and missed the spike because he didn't make a sell order. The price goes down and was afraid to lose more so he sold at $0.40. Amazing how they see it when they can just hold and wait again.

Thinking of Crypto in most of the time will be give some pressure on our mind and it made your health problem will come also with our losses but trading is being made up like that if a person get interest only he can make the money that he won't otherwise it will not happen.

[mornabo]

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.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

[conected]

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.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

[gabmen]

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.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

Right. Luck can play a big part in pretty much anything so you can't count that out in trading. Sometimes even the most efficient and experienced trader fall prey to unforseen events where they can make bad decisions. It's not as important as experience though.

[Kimi80]

Well, you were inexperienced. Has nothing with luck. As you said, it has changed now. Sometimes it is the best when you learn by your own mistakes.
The nature of the market is requesting for checking more than once during the day, for few hours things can change and you have to be ready to react.