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Author Topic: My luck is very bad for crypto trading 😞  (Read 26360 times)
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June 09, 2019, 07:08:09 PM
 #741

Of course, every trader must be patient if he plans to work in the cryptocurrency market for a long time, getting good results.  But the main thing is not to succumb to any provocations that spread adverse media.  Like for example, recently Bitcoin SV raised its price by almost 90% only due to the fact that the Chinese media spread fake news about the allegedly secret cashing of 50,000 Bitcoins from Satoshi's nakamoto purses.  Of course, such information causes inadequate actions on the part of cryptocurrency owners.
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June 09, 2019, 08:53:52 PM
 #742

Dont go into trade with the expectation of getting lucky its really bad for trading.  Enter trade with knowledge,  expertise and discipline so as to know when to enter and leave a trade

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June 09, 2019, 11:03:29 PM
 #743

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 have the same problem also. I am also have bad luck in cryptocurrency trading. Maybe, I am just eager to ride in a train so that I trapped or I just did not plan my execution. But I am always try to figure out my problem. Maybe, I just need a long position so that I can sell it on the top. I am praying that soon we will be profitable in trading.



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June 09, 2019, 11:22:06 PM
 #744

Why don't you use mpcx's platform and let AI trade for you??
What do you mean, MPCX?
I see it in the thread bounty, and still holds ICO. that bounty may still be active at this time.
do I miss some important news about MPCX, or is this another MPCX>?

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June 09, 2019, 11:29:20 PM
 #745

Why don't you use mpcx's platform and let AI trade for you??
What do you mean, MPCX?
I see it in the thread bounty, and still holds ICO. that bounty may still be active at this time.
do I miss some important news about MPCX, or is this another MPCX>?
if we have no skill in trading , maybe AI could be our solution to help us.but we have to understand this AI will not give us any guarantee for 100 % profits in trading resul.we still have any chance for lossing our money here.

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June 09, 2019, 11:41:38 PM
 #746

Why don't you use mpcx's platform and let AI trade for you??
What do you mean, MPCX?
I see it in the thread bounty, and still holds ICO. that bounty may still be active at this time.
do I miss some important news about MPCX, or is this another MPCX>?
if we have no skill in trading , maybe AI could be our solution to help us.but we have to understand this AI will not give us any guarantee for 100 % profits in trading resul.we still have any chance for lossing our money here.
AI wouldn't make us learn anything. Beside it is not 100% guarantee for profit, when we do mistake in trading and learn from it, that is good thing to do. Actually luck or not, in trading what make different is how we manage our assets.

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June 10, 2019, 12:29:22 AM
 #747

Why don't you use mpcx's platform and let AI trade for you??
What do you mean, MPCX?
I see it in the thread bounty, and still holds ICO. that bounty may still be active at this time.
do I miss some important news about MPCX, or is this another MPCX>?
if we have no skill in trading , maybe AI could be our solution to help us.but we have to understand this AI will not give us any guarantee for 100 % profits in trading resul.we still have any chance for lossing our money here.
AI wouldn't make us learn anything. Beside it is not 100% guarantee for profit, when we do mistake in trading and learn from it, that is good thing to do. Actually luck or not, in trading what make different is how we manage our assets.
AI actually has same system with manual trading.it just computerized in programming code with certain algorithm.and this is human made to , so it will not 100% work.best thing to do was learning manual trading analisys.
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June 10, 2019, 01:34:51 AM
 #748

When you are trading crypto currencies, you need to determine the level of risk for each position. This can help you determine the right point to close a trading position. Why is it necessary to determine the risk in each position? This is useful not only for risk management, but also for your trading mentality. Self-determined risks are usually within tolerance, so when you lose position, you will not panic and take action "revenge" which results in overtrading.
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June 10, 2019, 01:49:08 AM
 #749

I don't think so and I am certain that it just all boils down to emotion. Everything you have sold because you panicked after a FUD or a bear market that should have gained a lot of value now if your mind is stronger than your emotions. And the coming bull market is going to be another time for pulling out all your profits my friend so be patient this time and luck does not come often, sometimes it happens once in your life.
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June 10, 2019, 08:50:25 AM
 #750

In the world of investment, first of all, you need patience and competent distribution of your funds, because it is impossible to accurately predict whether an asset will grow, diversification is one of the powerful tools, but it is even more important to count on a long-term period
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June 10, 2019, 04:48:22 PM
 #751

If you want to be a trader, then you need to keep monitoring the market all the time. The price can shoot up and fall back within the shortest possible time. You can miss a lot within minutes. So if you want to make profit, then keep monitoring the market.

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June 10, 2019, 05:43:14 PM
 #752

What is luck in crypto trading? Can you guys show me a quality or successful trader that they depend with luck? I really think that having a good or bad luck does not really matter in crypto trading. But yes, sometimes we face unpredictable market trend line but that can even be faced with a better risk management by observing historical chart, and better strategy to minimize personal loss.  Roll Eyes

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June 10, 2019, 06:23:45 PM
 #753

Trading isn't a type that can be based to luck, because you can do it by skills and knowledge. If you're thinking about luck, I guess that's more like with gambling. You cannot be sure whether it's a win or a loss, unlike trading you're going to win if your asset will grow at better price as well.

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cryptodukeguy
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June 10, 2019, 06:51:16 PM
 #754

You don't need that much luck when you use AI... check mpcx  Wink
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June 10, 2019, 07:43:12 PM
 #755

In any case, each user of cryptocurrency who decided to engage in trade should have not only certain knowledge but also extensive experience.  Of course, this all really influences the End result Yes, but if we talk about luck, then a kind of intuition can lead to a successful coincidence of circumstances, which will show good results in the activities of the trader.
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June 10, 2019, 07:49:18 PM
 #756

Trading isn't a type that can be based to luck, because you can do it by skills and knowledge. If you're thinking about luck, I guess that's more like with gambling. You cannot be sure whether it's a win or a loss, unlike trading you're going to win if your asset will grow at better price as well.
thank you mate For rightly putting this, trading truely is based on skills and knowledge and not luck, I used to trade Forex and like the op, I always thought it was about been lucky and each day, I enter the Market hoping that I will be lucky but at the end of the day, I lost all my money, that's was when with the help of a good friend, I realized trading shouldn't be based on luck but skills and knowledge

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June 10, 2019, 11:21:10 PM
 #757

Why don't you use mpcx's platform and let AI trade for you??
What do you mean, MPCX?
I see it in the thread bounty, and still holds ICO. that bounty may still be active at this time.
do I miss some important news about MPCX, or is this another MPCX>?
if we have no skill in trading , maybe AI could be our solution to help us.but we have to understand this AI will not give us any guarantee for 100 % profits in trading resul.we still have any chance for lossing our money here.
AI wouldn't make us learn anything. Beside it is not 100% guarantee for profit, when we do mistake in trading and learn from it, that is good thing to do. Actually luck or not, in trading what make different is how we manage our assets.
AI actually has same system with manual trading.it just computerized in programming code with certain algorithm.and this is human made to , so it will not 100% work.best thing to do was learning manual trading analisys.
I always make the target enter, sell and cut loss in trading. this is a target that sometimes changes but this is part of the strategy so that our trade is safe and still has advantages...

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June 11, 2019, 02:01:51 PM
 #758

Trading isn't a type that can be based to luck.....


Exactly, this is based on skills, but if you are lucky at the same time, that would give you a better chance of being profitable.


If you're thinking about luck, I guess that's more like with gambling. You cannot be sure whether it's a win or a loss, unlike trading you're going to win if your asset will grow at better price as well.

In gambling as well, it's not based on pure luck only, there are also successful gamblers although they are small in number compared to successful traders, but there what we called a skilled based games, the name itself does explain what this type is.

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June 11, 2019, 03:05:12 PM
 #759


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.

Yes thats very true thing in trading. You have to keep your eyes in every moments when you are good investor or trader. I also lost many winning moments of trading as i don't click right time. So be careful in future. BEst of luck.
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June 12, 2019, 09:29:53 AM
 #760

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's really funny that I read your story, I think you are just like a sales who says that " wow...I have lost a sale at 150..." even though he bought at 140 only because he/she usually sells his goods at a price of 250 Grin

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