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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
Pamadar
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April 29, 2019, 04:58:03 PM
 #621

There is no place for luck in trading, you have to earn by a well-planned trading strategy, which takes into account all the risks, if you are lucky, this is not a reason to deviate from your strategy.
Really? Luck is somewhere important on trading, it doesn't matter of how long you have been checking the price but once you want to sell it then luck is not by your side. in occasional cases, luck is way more better and gain more than hard work.
In some ways yes, luck will permits you to grab much higher than what you are expecting, but you still need to work with your knowledge in order to make much better chances, if you will keep pushing your destiny, it will improve things out, you need to be positive as always.
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April 29, 2019, 10:25:50 PM
 #622

I strongly believe that you have learn your lesson and in addition to that, it seems the money you invested is too small for you to expect huge profit and the time frame is another factor and not only that, but you need to always check the market since you are not a long time holder.
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April 30, 2019, 12:30:52 AM
Last edit: May 02, 2019, 12:27:44 AM by Vispilio
 #623

A basic tip for you if you feel you are missing out on a lot of profits when prices pump briefly is to put partial GTC sell orders at levels that
you would always be happy at taking profit.

For example closing part of your position at 3x your initial entry price would be a good trade; regardless if the price moves on to make 10x, some profit taking at 3x within 1-2 months as in your example would be a satisfactory result for all asset classes...

Kasabus
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April 30, 2019, 10:18:20 AM
 #624

I strongly believe that you have learn your lesson and in addition to that, it seems the money you invested is too small for you to expect huge profit and the time frame is another factor and not only that, but you need to always check the market since you are not a long time holder.
That's correct, and stop using the word luck and aim for more consistency.
Trading is hard if you don't know how to improve and learn from your mistake, you need to have a mentality of a winner so you will be competitive
and will not easily give up. Traders who are successful in crypto space does not reach their success easily, they sacrifice and strive hard until they reach success.

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Astvile
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April 30, 2019, 10:34:27 AM
 #625

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.
Actually thats not bad for you tho just think of those people who  have loss money instead of like you earning a little,just be grateful that in the end you earned something.Just bear this as a lesson on your future trades and goodluck to you

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toleomasd
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April 30, 2019, 10:55:04 AM
 #626

Surprisingly, it turned out that my luck did not let me down, and I managed to reset the BSV in time before the Binance their delisting.
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April 30, 2019, 11:04:23 AM
 #627

Surprisingly, it turned out that my luck did not let me down, and I managed to reset the BSV in time before the Binance their delisting.
Good job, if you follow the news you don't need luck anymore as you can make a timely decision.
BSV will fall because of that, so it's time to transfer to other coins that has a great potential to rise again,
looking for a great timing is necessary and I think we can never get wrong at this time since we are still in the time of accumulation.

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April 30, 2019, 11:04:35 AM
 #628

Surprisingly, it turned out that my luck did not let me down, and I managed to reset the BSV in time before the Binance their delisting.
Yes, you are lucky! With such abilities you could try to become an expert on the taklimakan platform
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April 30, 2019, 11:15:26 AM
 #629

Surprisingly, it turned out that my luck did not let me down, and I managed to reset the BSV in time before the Binance their delisting.
Yes, you are lucky! With such abilities you could try to become an expert on the taklimakan platform
have not heard of such a site. What is their specific work?
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April 30, 2019, 11:21:28 AM
 #630

Surprisingly, it turned out that my luck did not let me down, and I managed to reset the BSV in time before the Binance their delisting.
Yes, you are lucky! With such abilities you could try to become an expert on the taklimakan platform
have not heard of such a site. What is their specific work?
Taklimakan is a social network. It was created to help users more easily obtain information and analysis of the crypto market and improve their understanding of how the blockchain works. But also if you are ready and competent to share your knowledge, the platform supports such activity
EXtremeAEX
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April 30, 2019, 12:13:30 PM
 #631

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 not a matter of luck at all, but of lack of knowledge and experience. In order to successfully and consistently make money on the crypto market, luck alone will not be enough. Study the information necessary for trading, practice in small amounts of money and over time your situation will change.


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April 30, 2019, 05:21:18 PM
 #632

Which is why you must be paying attention to charts and graphs ALL THE TIME if you want to make a profit.

I use https://cryptotradernews.com to stay ahead of the market. I haven't found any other way I can make money trading...
Wingzcrypto2018
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April 30, 2019, 05:49:55 PM
 #633

I think as a trader our profit is not depend in our luck. It is depend on how determine and dedicate we have of why We decided to enter in crypto trading. In short, if We want to get profit in the future, the thing We must do is begin with learning about in trading from basic knowledge and etc. too.
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April 30, 2019, 06:23:58 PM
 #634

Which is why you must be paying attention to charts and graphs ALL THE TIME if you want to make a profit.

I use https://cryptotradernews.com to stay ahead of the market. I haven't found any other way I can make money trading...
well, in this case, information is indeed very necessary. many people say that they are bad at trading, but in reality, they just can't wait to trade, or just trade without any information. well, however not everyone is able to trade properly, even myself sometimes am impatient in this matter.
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April 30, 2019, 06:30:22 PM
 #635

I think as a trader our profit is not depend in our luck. It is depend on how determine and dedicate we have of why We decided to enter in crypto trading. In short, if We want to get profit in the future, the thing We must do is begin with learning about in trading from basic knowledge and etc. too.
Luck also needed to make profits on crypto trading but it is not the only thing will make us to be a successful trader.We need to build our strategy and keep using on different stages of price movements to make profits.

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April 30, 2019, 11:22:22 PM
 #636

Best thing to do as a trader is find time for your trade i mean even as a side hustle you need to put in the effort to keep up with it there is no such ting as free money You work and also keep in check your network so you dont miss too much

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May 01, 2019, 09:28:28 AM
 #637

I think as a trader our profit is not depend in our luck. It is depend on how determine and dedicate we have of why We decided to enter in crypto trading. In short, if We want to get profit in the future, the thing We must do is begin with learning about in trading from basic knowledge and etc. too.
Luck also needed to make profits on crypto trading but it is not the only thing will make us to be a successful trader.We need to build our strategy and keep using on different stages of price movements to make profits.
Don't think too much about luck, think of your strategy instead as that would make you survive and eventually successful in trading.
Luck come and go, therefore you don't need that, it only gives extra chances but you need to be consistent in order to succeed in trading.
Your journey wouldn't bee too hard if from the start you are already realistic as you can make the right approach in every situation.

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May 01, 2019, 09:31:57 AM
 #638

Which is why you must be paying attention to charts and graphs ALL THE TIME if you want to make a profit.

I use https://cryptotradernews.com to stay ahead of the market. I haven't found any other way I can make money trading...
well, in this case, information is indeed very necessary. many people say that they are bad at trading, but in reality, they just can't wait to trade, or just trade without any information. well, however not everyone is able to trade properly, even myself sometimes am impatient in this matter.
The news gives a rather long effect dude, if you are an active daytrader, where you trade with a short time like binary. then you have to be smart in reading charts and candles in the market. you should have read many strategy to read candles, don't focus too much on the news, because the news doesn't have a fast influence on the market #imo
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May 01, 2019, 10:06:17 AM
 #639

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 think you made the right decision when you earn a profit at that time. You cannot predictability how much a coin can raise its price? So you should not regret when you are not having luck.
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May 01, 2019, 04:36:00 PM
 #640

Which is why you must be paying attention to charts and graphs ALL THE TIME if you want to make a profit.

I use https://cryptotradernews.com to stay ahead of the market. I haven't found any other way I can make money trading...
well, in this case, information is indeed very necessary. many people say that they are bad at trading, but in reality, they just can't wait to trade, or just trade without any information. well, however not everyone is able to trade properly, even myself sometimes am impatient in this matter.
The news gives a rather long effect dude, if you are an active daytrader, where you trade with a short time like binary. then you have to be smart in reading charts and candles in the market. you should have read many strategy to read candles, don't focus too much on the news, because the news doesn't have a fast influence on the market #imo
You're right, friend, maybe we don't have to focus too much on the news, because sometimes there are a lot of news that only deliver FUD, and make us panic. strategy is also very important in this regard. other than that, maybe a trader may not depend on luck, and needs to do research on the things they trade.
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