My Luck is not for Trading, I think Trading is not for Me. I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling, becouse i haven’t any expression about Coin Chart, buy, sell and about more.
You start with the adjective of luck! Well, you are already in trouble if you enter with the mentality of starting to trade by luck.
The trader is open to everyone, but you must understand what you want to do;
e.g. just having dollars does not mean that you are going to enter the world of currency trading.
You can change your dollars ....because you simply go on a trip to another country and you exchange to the local currency, then after some expenses you have some coins (Fiat) and you want to exchange them into dollars, but this time there are three exchange houses and they all offer a different currency exchange, you choose the one that suits your conditions In general, a better currency exchange requires higher amounts, others pay less but accept small amounts, etc.
Or simply at that moment that you change you get the price of the day to change to dollars,
but maybe you did not even realize all that process, because you only want to pass your dollars to local Fiat and then from the local fiat to dollars.
In cryptocurrencies it is no different, many only invest or receive payments and need the money for whatever reason, so there is no time to evaluate much and they exchange.
But some, I assure you that they begin to realize with the time of fees, the volatility of bitcoin (eg) and then at least they begin to understand that their profits can be better if they start studying the market, when that happens a merchant is born who wants to start earning income from the sale and purchase.
So, it is not that the trading is not for you, it is that you are not preparing for to trading or you just do not know very well what you want to do.
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There are many types of traders:
1.-The one who simply needs to make a change for whatever reason, food, emergency, responsibilities, etc.
2.-The one who arrives and simply makes exchanges, has no idea what he is doing. *
3.-The one who says "I want to become a millionaire"
4.-He who sees the price rise and sells or buys.
5.-The one who wants to make Hodl.
6.-The one that makes Hodl and adds more coins.
7.-Some other that escapes me and I have not named.
8.-The one that is in all the previous ones, but is no longer in number 2 (*)
9.-The one who learns that number 3 is not so easy and understands that trade is more than just "selling or buying"
9.-The professional merchant is always there to buy or sell, no matter the price, the day, the hour, it is his main income, the profits pay his bills.
