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Author Topic: My luck is very bad for crypto trading 😞  (Read 26358 times)
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February 15, 2019, 11:14:09 AM
 #521

With a lot of experience we can get education about markets and trading. this is indeed a very natural thing to happen. an expert certainly experiences this when they are in learning. but this will make us understand later and not get the error again

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February 15, 2019, 05:47:43 PM
 #522

Allof us here cant predict what would exactly be the price of tommorrow we only speculate and there are times where after we sold the coins price suddenly surge and that is very embarrassing in our part. Dont be  regret use this to be a learning process so you may become a good trader overtime. There is always an opportunity don't chase the price stay focus in your trading plan.
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February 16, 2019, 05:04:39 AM
 #523

Allof us here cant predict what would exactly be the price of tommorrow we only speculate and there are times where after we sold the coins price suddenly surge and that is very embarrassing in our part. Dont be  regret use this to be a learning process so you may become a good trader overtime. There is always an opportunity don't chase the price stay focus in your trading plan.
That's the truth, we cannot predict the future and that makes trading more challenging.
With that reality and we still see people who are profitable, we will realize that the chance to be rich here is possible, therefore
we spend an effort to learn how to properly predict the market.

Luck is just an extra thing, you won't be rich because of luck alone, you should be consistent and that requires a great strategy.

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February 16, 2019, 05:23:47 AM
 #524

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.

We shouldn't bother much about them when we lose the value because definitely there is a chance to increase the price. Of course, people who don't have any belief towards the coins will sell them for loos, so it is very good to hold them because if you choose the potential coin then definitely it will surely help to increase value after the market adjustment.
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February 16, 2019, 05:35:36 AM
 #525

the crypto world is struggling to improve the quality of their digital currency. and attracts a lot of investors who are now partially leaving crypto, so that the value of the coin decreases. trading in crypto doesn't produce much at this time. we have to wait patiently for a good day.
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February 16, 2019, 05:55:44 AM
 #526

Crypto-currency portfolio should really be checked periodically, because it happens that some of them can give 20-30% profit in a week and it needs to be fixed
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February 16, 2019, 06:14:14 AM
 #527

Hello, when you say good luck, you're doing the opposite of the true meaning of trading, I do not know about luck, it's about knowledge and giving a small percentage to luck, I recommend you read books by Wyckoff and Livermore, you'll see that it is not luck what is needed.

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February 16, 2019, 08:13:14 AM
 #528

when I saw the market conditions being unstable I think this is something that might sadden many people who are on crypto. they will make the decision to quit, but actually there is still a chance and can be done by trading.
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February 16, 2019, 04:42:56 PM
 #529

As much I would want to believe that luck play important role in trading ,I also want to state that one should try to acquire basic skills and knowledge about trading .
It helps a lot.
In your case, it come across like you are plain ignorant about the workings of the market.
Secondly, I do not believe that the exchange put up a sell order on your behalf, you may have mistakenly set the sell order at 49sats.
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February 16, 2019, 05:26:48 PM
 #530

Maybe you  think you have bad luck in trading but don't forget the errors that you have been committing. Realize on your time of trading either long term or short terms and read until you understand before you set sell order.

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February 16, 2019, 06:08:59 PM
 #531

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.

That's the problem for those who are novice here in crypto/bitcoin trading, because of their greediness they failed and loss their coins.
Due to they are thinking about that every profit they could get was depend on their luck which is not supposed to be in the mindset of an individual trader.
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February 17, 2019, 03:16:49 AM
 #532

Its hard to predict when crypto will pump , so the solution is buy strong fundamental coin and use stop limit order for stop loss and for take profit is open, so incase that crypto pump we can take profit in high price. Stop loss should be always to use in crypto trading because that become the most important in trading. Avoid greedy because no one coin will all the times going up.

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February 17, 2019, 04:51:21 AM
 #533

In exchanging we can not generally make benefit , its will be once in a while misfortune however the all out exchange that make profit ought to be a greater number of times than misfortune exchange. At the point when any coin going up by enormous percentace we can not gain the greatest benefit on the grounds that exceptionally difficult to foresee how high the cost will go, so we ought to be have month to month target benefit so we realize what number of benefit ought to be gone up against the each exchange. Month to month target benefit additionally will deal with our feeling and to maintain a strategic distance from eager.
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February 17, 2019, 05:14:06 AM
 #534

Its hard to predict when crypto will pump , so the solution is buy strong fundamental coin and use stop limit order for stop loss and for take profit is open, so incase that crypto pump we can take profit in high price. Stop loss should be always to use in crypto trading because that become the most important in trading. Avoid greedy because no one coin will all the times going up.
With how volatile the market, stops loss is really important so you can calculate the amount of money that you are ready to sacrifice just in case,
this kind of strategy mostly for short term traders who are relying with signals that triggered them to buy in, if you aimed to be more consistent
you have to work hard with your knowledge and develop more skills for your benefits.

People who are lacking out of knowledge easily being breakdown, but those who are keen and willing to take extra steps will find ways.
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February 17, 2019, 06:12:36 AM
 #535

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.
Indeed it is not good to rely only on your luck and not working to increase your knowledge, to have good profit we will have to have mixture of skill, information and luck so those who has this mixture will rule over market and they will trading like no one can, so keep your eyes on market and trading well with information, knowledge and you will be lucky automatically.
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February 17, 2019, 08:51:27 AM
 #536

Hello, when you say good luck, you're doing the opposite of the true meaning of trading, I do not know about luck, it's about knowledge and giving a small percentage to luck, I recommend you read books by Wyckoff and Livermore, you'll see that it is not luck what is needed.
Crypto trading cannot rely on luck but must rely on common sense, logic and control. When to buy or when to sell, because wrong anticipation can result in loss.
If you often lose it is better to deepen the crypto character, so you can analyze the crypto price movements. By getting to know more, it will often profit.
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February 17, 2019, 10:24:03 AM
 #537

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.
surely that is because experience is the key to success as well and luck is very good for us when trading. so don't ever expect good luck if you don't try

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February 17, 2019, 10:54:28 AM
 #538

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.


We all have mistakes and bad lucks in crypto but lucky are those who still continues to deal with uncertain situations that may come our way. We should keep trying though we lose at times. It is just a matternof patience and continous learning.
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February 17, 2019, 11:43:14 AM
 #539

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.

We all have mistakes and bad lucks in crypto but lucky are those who still continues to deal with uncertain situations that may come our way. We should keep trying though we lose at times. It is just a matternof patience and continous learning.
Right, this is a continues learning, others says it's a journey. So everyone should know how to get up when you fall otherwise you won't learn anything and you won't recover. It's just part of the game. So your losses didn't go out of the window, but it gives you experience so that next time you won't make the same mistakes again, just saying.









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Mars,           
here we come!
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ElonCoin.org.
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happen or be a part of it"

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Savemore
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February 17, 2019, 01:19:33 PM
 #540

Always remember that skills are more important than luck in cryptocurrency trading. It seems that traidng is not suitable for you and that's why you keep losing. It is better if you will stop for a moment for you to not lose more money. You should only trade if you have now a lot of knowledge.
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