Crypto currency can be a funny world; As a bounty hunter and as a trader over the past year; i noticed a trend.
Trading altcoins and bitcoin is not always about skill.
Sometimes, my poor decisions fetch me profits; while well researched projects messes up;
Likewise bounty participation; well researched, unique projects end up not paying or delaying rewards; while rushed in bounties with high risk pays faster.
The thing is to just trust the process, and focus on it; it can only get better.
all about luck. in the end the analysis will be broken by luck. I often experience this, when I trade I always research and find out all the rumors / speculation before buying. but even though I think my prediction is right, sometimes I fail just because I'm unlucky. selling late and other the biggest reason I lose in every trade.
The luck is also an ingredient of the successful trader but it is not definitely the first thing comes to mind of the experienced traders. Buying the altcoin because of the expected news called a news trading which is considered a risky trading strategy by the pro traders. Sometimes we lose sometimes we win but what matters is the final digits on your trading account at the end of the month.
Trusting the process is very necessary, but we also need strong analysis to trust a process, because the processes that occur sometimes are not in accordance with our expectations, so it is very difficult to guess or believe something, whether it's a bounty or a market.
It is necessary to have the right mindset in crypto trading, volatile market conditions change constantly. If the trader doesn't have a choice of taking first and information outside of the market, the chart reading techniques will not help the trader to analyze the market with the stated trader's mindset.
