We choose a coin, buy it, and wait for the price to be higher. I think it does not need the hassle we create ourselves.
Sometimes we are lucky, sometimes we are patient waiting longer.
Topic: Luck in cryptoeconomics is a myth? - page 7. (Read 1677 times)
luck is a good tool not only in the crypto world but I'm here analyzing the crypt market and here the impulsiveness is waiting of course it justifies its result, but the conservatism which is present in the tracational form of investment here is not enough!
Trading is a gambling.
By using a proper risk management (like 2% rule) one can reduce the role of luck in the long run.
Short term luck is very important imo...
By using a proper risk management (like 2% rule) one can reduce the role of luck in the long run.
Short term luck is very important imo...
I think that crypt is a kind of gambling for inexperienced traders and sometimes it happens that someone is lucky to buy the right coin and at the right time.
Any investment involves risk, so luck does not play a big role here. To achieve some success in the cryptocurrency industry, you need to read a lot, analyze a lot, and acquire knowledge through trial and error. Luck is good, but not in cryptocurrencies, it's better to rely on your mind and rationality.
Only analysis is not enough. I think luck is also very important. I once heard that "luck is also part of strength." I think it makes sense, but when we choose to invest, the first thing we need is Your calm analysis of the project!
Yes, I think it's better. Take into account everything, analyze and so on I think it is very important. Because it is our acting in the future step or in making decisions. But besides that sometimes what we calculate the beginning of the truth is more than what we calculate. I think that's what's called luck, a result that goes beyond what we calculated before. Myth or not, it depends on your suggestion in interpreting it all.
No, it is't myth. Luck is the main factor of cryptocurrency. Even when you have analyzed as best as you can, still if you are not lucky, then it will be useless. Cryptocurrency is like legal gambling which results can be influenced by analysis.
Luck exists while analyzation plays the major role. Investors have to analyze everything for success, also have to be fortunate. Many sure-success projects died even after a great analyzation. Study more and working hard can bring us the fortune in Bitcoin.
Luck does exist.
You're lucky if someone from your friend shared you about cryptocurrencies while you are somewhere doing nothing and was looking for a way to earn.
But getting into the crypto economy, I agree that you shouldn't lean on it. The market is tough enough and if one is depending on his luck, he'll end up bankrupt.
You're lucky if someone from your friend shared you about cryptocurrencies while you are somewhere doing nothing and was looking for a way to earn.
But getting into the crypto economy, I agree that you shouldn't lean on it. The market is tough enough and if one is depending on his luck, he'll end up bankrupt.
Yes there is very few people exist running because of luck but for real benefit and for great profit there should be lots of effort . Even after investing we should follow the group and community . I have done investment by doing lots of Research before investing in ctr, postoken finally my investment gone to disaster by not following community. Atleast I could follow would cutoff my losses.
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Yes I agree with you too, I remember during my early days of my bitcoin experiences I was struggling everyday on how to earn. But I persevered and work hard on it. Luck is just a small percentage in bitcoin. You really have a chance here if you work enough and study the ways of how to earn this is very applicable for the new comers Who are still confuse on how to be able to get a free satoshi. Read more here in bitcointalk, do your research and believe one day you can achieve your goals because you can really gain A FREE satoshis/bitcoin if you work on it just like I did. 
yes, you are right that before we make an investment, then we have to do a lot of research and discussion and this activity is depleted of energy, mind and time. the last thing is luck, because not all good projects will make a profit.
Luck play a major role, the only thing greater than luck is inside news. You can develop skills and experience in understanding the market, but there is no way your skills will overcome the unpredictability (luck) or the advantage of knowing inside news
I do believe in Luck and I don't think it is a myth. I don't think all the people involved in crypto have required knowledge and expertise but still they are doing it. Yes, it is true that most of the people try to analyze the project or market with their knowledge but the success or failure depends on luck for sure. Because you never know what going to happen in future.
Yes, you are right, it is a myth. There is nothing like luck in crypto. How far you can go, will the determine how well it will be. Try as much as possible to to study the project you plan investing in.
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
I do not think that it is better to follow the luck in cryptocurrencies and believing on luck just put our money in any project because if we will not review any project and will invest our money in that project then no one knows that what will happen next with our money but only experts and if we will not follow that opinions from expert then it will like we are doing gambling. Doing a research for investment is the real investment otherwise it is gambling. I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.
Crypto currency is more like a college
If you study, and prepare well, you excel
If you fail to study and invest in icos and trades; you end up in loss
Which can bring more debts than profits
Thus ignore luck and work on each investment you want to make
Knowledge, warmth and luck are the ingredients of success. However, success can replace both knowledge and patience. Read about Timothy Dexter
As a small time investor, there is some luck in play. You can do all the research you want and make an educated decision on what you invest in, but you can’t control what a whale is going to do. If they want to pump it or dump it, you have no control over it. Then, you have no control over the rest of the market’s reaction to that move. Long term I would say there is less luck involved, but day to day move are so unpredictable that you have to have a little luck on your side.
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