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Author Topic: My luck is very bad for crypto trading 😞  (Read 26419 times)
BigBos
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January 23, 2019, 03:37:10 AM
 #501

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.
trading does not depend on luck. well, many people always depend on luck in trading, without gathering information. well, but some people don't have the ability to trade, like me. but I always thought that there was something I could do, and there was something I couldn't. trading may be one of them.
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January 23, 2019, 04:09:01 AM
 #502

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.
trading does not depend on luck. well, many people always depend on luck in trading, without gathering information. well, but some people don't have the ability to trade, like me. but I always thought that there was something I could do, and there was something I couldn't. trading may be one of them.
if we trade depend on our luck maybe it will be same with gambling.juts put our order and then hope our coins rise.this is not good for us.maybe once we are luck and get profit.but someday bad luck will come to us.

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mornabo
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January 23, 2019, 05:12:43 AM
 #503

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
If luck play important role and has a big effect, can you rely on that luck 100% without the help of other aspects?
because what is said to be important, that you can depend on it, such as knowledge and skills. in my opinion luck is only optional
Btc_1856
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January 23, 2019, 05:21:25 AM
 #504

In cryptocurrency trading, we need to be very patient when the market situation is not accurate. Even many people lose their value in trading but they patiently waiting for the recovery because when the market starts recovering we can able to see some price movement in the market. So, if you lose your patience definitely it will effect on your coins.

iged_war
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January 23, 2019, 05:36:20 AM
 #505

In cryptocurrency trading, we need to be very patient when the market situation is not accurate. Even many people lose their value in trading but they patiently waiting for the recovery because when the market starts recovering we can able to see some price movement in the market. So, if you lose your patience definitely it will effect on your coins.
if we lose our patience we will loss our money too.it not easy to hold coins in cryptocurrency market.much people didnt consider it.if market in bearish trend it will take long time to recovered.

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January 23, 2019, 08:20:18 AM
 #506

Trading is not luck but developing of your trading strategies in other to have upper hand in trading.  If you relay on your luck to make money from the market you will find it very difficult.  You will keep losing in the market if you are not ready to develop your trading strategies.
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January 23, 2019, 10:02:51 AM
 #507

That's not your fault because all altcoins in the market get dropped that's not called a unlucky days. Because its normal if the price get dumped same of all traders gonna loss their funds too.
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January 23, 2019, 01:40:25 PM
 #508

I think if someone is determined to become a skilled crypto trader, there is no such thing as bad luck because losses are only temporary. But rushing to become a trader is not a good idea, you have to learn it first and give it a significant lenght of time to become an expert in trading. Trading is always risky so you must be a risk taker while you are still active in trading.
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January 23, 2019, 01:56:07 PM
 #509

Trading is much skill oriented rather than luck but when you are in crypto you need luck as well that there should not be major manipulation when you are trading.and don't try to focus only on popular coin instead focus other top 40 coin where there is risk but you can gain a good profit .
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January 23, 2019, 03:22:02 PM
 #510

Trading of cryptocurrencies are not about luck,  you will not win in trading if you do not have enough knowledge about what it is. You should consider your trading skill tjan lick because your skills are the key for you to make profit in trading.
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January 23, 2019, 05:01:30 PM
 #511

Trading of cryptocurrencies are not about luck,  you will not win in trading if you do not have enough knowledge about what it is. You should consider your trading skill tjan lick because your skills are the key for you to make profit in trading.

100% ture  we want only skill never want luck
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January 23, 2019, 05:03:50 PM
 #512

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.

As I can see with the majority of the traders in the market, particularly for the newbies or novice most of them are eager to gain
in a short period of time as much as possible, that's why majority of them too, once they get into trading almost all of them are
relying to their luck which is not the right procedure to begin with as a trading beginner.
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January 23, 2019, 09:53:08 PM
 #513

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.

As I can see with the majority of the traders in the market, particularly for the newbies or novice most of them are eager to gain
in a short period of time as much as possible, that's why majority of them too, once they get into trading almost all of them are
relying to their luck which is not the right procedure to begin with as a trading beginner.


Being a lucky person is always important but more than that there are lot of qualities will needed for a person to be a trader if you don't have any interest in trading then you cannot be suitable for this business at anytime and you cannot be a part whether you are not suit for this also.

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January 23, 2019, 09:56:29 PM
Last edit: January 25, 2019, 12:53:15 AM by bitcoin31
 #514

Maybe it will become good if you wait more months. Because I also lose my money to trading last year and other too also for sure.

You need to take a risk to know the result and the best you do now is to take a risk again and you will show a good result.

Maybe yoyr bad luck will change and it will become successful.
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January 23, 2019, 10:17:53 PM
Last edit: January 23, 2019, 10:44:40 PM by senyorito123
 #515

Maybe it will become good if you wait more months.

The current struggles cannot be figure out since the market was too bad for crypto traders right now, and seeking lucky profit isn't an appropriate idea right now. We can't depend on any fortune which might come to us, because crypto is volatile type of investments. You might gain more profit constantly, but in the long run you'll be surprised when there's a sudden fall of market value. Normally that's the crypto behavior since from the start, and I don't believe we're not lucky enough. Not all times bad days will happen, there's also hapoy moment and only reason why we felt that weren't lucky enough was we're starting to be greed for more despite of being blessed by the previous profit gains.


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January 24, 2019, 10:43:57 AM
 #516

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
If luck play important role and has a big effect, can you rely on that luck 100% without the help of other aspects?
because what is said to be important, that you can depend on it, such as knowledge and skills. in my opinion luck is only optional
Agreed here we can not rely only with luck or we can not say no to trading only Because we think that we are not so lucky as I have no good luck in my life but I’m trading I have skills so I am using  and i am earning. Trading is full of money if you are good and have fine information about trading as much as luck concerned so it’s 20 percent about luck
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January 24, 2019, 03:37:40 PM
 #517

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.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.
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February 15, 2019, 10:18:57 AM
 #518

Probably, you took a limit order. No wonder that your Dogecoins were sold without your active participation. If you have decided to become an active trader then you need to check the price trend every day several times and more dive into the trading process. But if you don't have enough time to monitor the price, it's better to choose long-term investments.
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February 15, 2019, 10:26:00 AM
 #519

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.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.
to be able to benefit from trading not only rely on luck, you must be able to read the existing graphics and be able to determine the right time to buy and sell coins, and the most important for the second stage is that you can control the patience you have.
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February 15, 2019, 10:29:04 AM
 #520

I myself also experienced the same thing as you, so I think now it's better to survive in the future by waiting for a rise in the Normal market price, so you will also get a better profit.
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