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Topic: My luck is very bad for crypto trading 😞 - page 18. (Read 26426 times)

legendary
Activity: 1890
Merit: 1003
All traders in crypto trading had their own bad experience in doing trade in every exchange. But its not the reason for us to quit in it, instead we should take a learning lesson for us to achieve success here just like what happened to all successful traders in this business industry as well.
Everyone have bad and good days in trading but what matters is profit at the end of day. Successful traders are the ones who found the way to become a successful managers  which it is all about  to learn from the best. As an smart trader you have several shortcuts to invest and trade. Different approaches and strategies lead to chaos effect on the markets and that's why strategies stop working after a while.
sr. member
Activity: 910
Merit: 251
All traders in crypto trading had their own bad experience in doing trade in every exchange. But its not the reason for us to quit in it, instead we should take a learning lesson for us to achieve success here just like what happened to all successful traders in this business industry as well.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

This is farther from truth that you can think of

And there is no waterproof or bulletproof or foolproof strategy unless you are an exchange itself. Even if you are an arbitrageur, you are still not free from usual trading risks. If it were otherwise, we would all be millionaires by now. And who is to hold the bag then? It is relatively easy to earn profits on a rising market and almost as easy to earn on a falling market too, but try to squeeze decent profits from a sideways market. And given that in such market the majority of traders are losing in the long run, they are simply gambling against the "house" (which is exchanges and other price manipulators)
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
It is really a valuable lesson for you. I think we should place a sell order when holding any one altcoin. We need to determine the profit we want to make and place a sell order at a reasonable price. that will avoid mistakes like you and avoid greed.
Perhaps everyone in this market is greedy at a very high level. They are always confident that they can get the best return from long-term investment but this thought is no longer this year because people are at a very difficult stage and just a few news can be impact on investor psychology and will cause turmoil in this market
full member
Activity: 644
Merit: 101
From this case, now you should be learn how to earn maximum profit when the price of crypto sky rocket. Many trader has the same problem when trading, that is to hard predict the top price when bull run and also difficult to predict the bottomed price when downtrend. So to maximum profit we can use feature of trailling stop and to avoid more loss when downtrend we can use stop loss. We should be have more skill about risk management.
full member
Activity: 1638
Merit: 122
M8, it is lack of experience and your attention. That's all. If you want to be really successful trader, you should not only buy and sell, but also doing your own research: how the market rises and falls, how to buy cheaper and sell more expensive, how to use various types of orders, how to operate on various exchanges. Only in this case you will bu sure in your investment, and woun't do stupid mistakes. Trading is a job and you should pay a lot attention for it. Wink Wink

yes we already know that  but all of that is useless if you are not lucky  .  luck is all we need so that we can buy or sell more efficiently  because we cant predict on what will be the next move of cryptos  .   trading/investing is more of a kind of gambling because all works in random here though  in gambling the chances of loosing more higher than winning because we dont have a reference or a sign , not unlike to trading and investing where we can follow or listen to our own instincts based on what we see or hear in the news  .
newbie
Activity: 60
Merit: 0
M8, it is lack of experience and your attention. That's all. If you want to be really successful trader, you should not only buy and sell, but also doing your own research: how the market rises and falls, how to buy cheaper and sell more expensive, how to use various types of orders, how to operate on various exchanges. Only in this case you will bu sure in your investment, and woun't do stupid mistakes. Trading is a job and you should pay a lot attention for it. Wink Wink
copper member
Activity: 411
Merit: 1
I guess you really do not have enough experience in trading, you may have made a sell order for a profit of 10 satoshis but completely forgot because the price had gone up to a 100 satoshis. It happens generally though, but you have learnt at least.
copper member
Activity: 168
Merit: 42
nothing is impossible
December 26, 2018, 01:11:09 PM
There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.
member
Activity: 420
Merit: 10
December 26, 2018, 09:03:46 AM
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.

neither i can't even make a profit form short trading. i just a amateur for daily trading, need to learn more the technical trading. so i decide to be a holder or longterm style, just need more patient.
member
Activity: 459
Merit: 10
December 26, 2018, 08:54:51 AM
It is really a valuable lesson for you. I think we should place a sell order when holding any one altcoin. We need to determine the profit we want to make and place a sell order at a reasonable price. that will avoid mistakes like you and avoid greed.
full member
Activity: 308
Merit: 119
December 26, 2018, 08:47:15 AM
You should understand, that no need luck for crypto trading.  You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
You are completly wrong my friend , yes having an experience in trading and knowing how to analyze the market will help you  make profits or not lose that much , but luck is factor in every aspect of life . Many people made bank just by being lucky and holding blindly ,while many others worked hard and did everything in their power to make the right move yet they still lost.
Luck is no guaranteed and you shouldn't join the market with the mentality of lucky shots. You should learn more from every step you take and most importantly , you should learn how to back off or give up at the right time.
hero member
Activity: 1834
Merit: 566
December 25, 2018, 10:28:13 PM
You should understand, that no need luck for crypto trading.  You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
the majority error comes from an analysis that ends fatally. on the other hand stuck in the hype without seeing the fundamentals as a whole, luck only applies 34% in the market because everything can be analyzed correctly, even our attitude to trade also needs to be regulated with discipline and not carelessly making orders in irregular times.
Making orders or investing in irregular times and chasing after a coin due to the hype ignoring the fundamental are not the right step for every crypto currency traders that want to make profit. But, the analysis either doesnt guarantee the success of a trader or investor because analysis require luck because it somehow a guessing game and if the coin is a well supported coin then it good to go.
member
Activity: 313
Merit: 10
December 25, 2018, 08:58:06 PM
You should understand, that no need luck for crypto trading.  You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
the majority error comes from an analysis that ends fatally. on the other hand stuck in the hype without seeing the fundamentals as a whole, luck only applies 34% in the market because everything can be analyzed correctly, even our attitude to trade also needs to be regulated with discipline and not carelessly making orders in irregular times.
sr. member
Activity: 1148
Merit: 254
December 25, 2018, 10:53:13 AM
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.
Luck is not the way for you to earn profit in trading. You lose because your trading skills are not enough, by focusing on improving your trading skills; I am sure that you can easily regain all of your losses.
sometimes people only think about trading. but, it was a big mistake when I expected something from luck. even with complete information, it is still difficult to make a profit in trading.
full member
Activity: 540
Merit: 100
December 25, 2018, 08:56:50 AM
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.
Luck is not the way for you to earn profit in trading. You lose because your trading skills are not enough, by focusing on improving your trading skills; I am sure that you can easily regain all of your losses.
newbie
Activity: 56
Merit: 0
December 25, 2018, 07:37:17 AM
You should understand, that no need luck for crypto trading.  You just make a mistake that's why you didn't profit very well.. Don't blame yourself for your mistake. Remember you learn when you lose.
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
December 24, 2018, 08:15:51 PM
If you keep losing your money, then it is now the time for you to improve your trading skills. There is no improvement that you will experience if you keep using your ineffective tactics.
I think that you do not need big luck for profit in the crypto but rather a more patience and passion because there have been ups and downs in crypto before it as well which recovered with high margins of profit.
No, what you need is knowledge in order for you to make a good strategy that will be useful for your long term journey.

Your knowledge will help you to be consistent, luck is not.
Maybe try to shift to gambling if you want to rely solely on your luck, it's more risky but the reward is really good.

Absolutely!!
Trading is not like gambling where luck is the most crucial part. Indeed luck is still needed on trading but knowledge and strategy are the most important parts. With good knowledge and good strategy, traders may minimize losing and get better earning chance. If he is trading activity is purely based on luck without any knowledge and strategy then it is the same as gambling.
You can be lucky in trading but you do not count it as it is never a factor to be successful.
The journey you take is gonna be tough, there are loses along the way but a good trader also aim for his goal and he will improve until he reaches his goal.
as profesional traders and investors we should to improve our skills in order reached the goal we want.we should not just buy any coins without analisys and research.
buying without any analisys make us easy to suffering lot of loss.no one will gained profit by doing this way.we have to using our skill in each our transactions.
jr. member
Activity: 46
Merit: 1
December 24, 2018, 03:59:04 PM
There is nothing to hope for success in trading, you need to rely only on yourself, on your experience and skills. Luck will smile at you only if you work in this direction.
full member
Activity: 658
Merit: 106
December 21, 2018, 03:37:06 AM
If you keep losing your money, then it is now the time for you to improve your trading skills. There is no improvement that you will experience if you keep using your ineffective tactics.
I think that you do not need big luck for profit in the crypto but rather a more patience and passion because there have been ups and downs in crypto before it as well which recovered with high margins of profit.
No, what you need is knowledge in order for you to make a good strategy that will be useful for your long term journey.

Your knowledge will help you to be consistent, luck is not.
Maybe try to shift to gambling if you want to rely solely on your luck, it's more risky but the reward is really good.

Absolutely!!
Trading is not like gambling where luck is the most crucial part. Indeed luck is still needed on trading but knowledge and strategy are the most important parts. With good knowledge and good strategy, traders may minimize losing and get better earning chance. If he is trading activity is purely based on luck without any knowledge and strategy then it is the same as gambling.
You can be lucky in trading but you do not count it as it is never a factor to be successful.
The journey you take is gonna be tough, there are loses along the way but a good trader also aim for his goal and he will improve until he reaches his goal.
as profesional traders and investors we should to improve our skills in order reached the goal we want.we should not just buy any coins without analisys and research.
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