My luck is very bad for crypto trading 😞 - page 24.

TusharMali99

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Quote from: Dilerium90 on November 14, 2018, 11:15:33 AM

In the world of cryptocurrency, everyone wants to make more than 100% in one transaction, but this is not possible over the course of a long trade. You can never sell coin at the very top and buy it at the very bottom, and then greed will kill you on a certain day.

Yes,
many lose their earned profit by holding coins in the hope that they will get more and more profit. We should keep booking profits partially or increase stoploss.

TusharMali99

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Activity: 238

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Quote from: raghovsing34 on September 21, 2018, 02:17:44 AM

I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day.

It is not about luck. You must consider changing your trading strategy. Don't buy in fomo. Do not buy coins which are already pumped. Wait for correction or wait for its price to be stable. Do not panick sell your coins.
Don't hold altcoins for long. Keep booking profits.

baobao2000

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Activity: 462

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It is quite important to check your account regularly. Just make sure the coins are still in there, sometime exchanges delist coins, or some situation account could be even removed or stolen. Anything is possible. If you check account regularly, then you can take action immediately. For trading is also important to know the price all the time and observe the market movement.

Beparanf

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Quote from: Dilerium90 on November 14, 2018, 11:15:33 AM

In the world of cryptocurrency, everyone wants to make more than 100% in one transaction, but this is not possible over the course of a long trade. You can never sell coin at the very top and buy it at the very bottom, and then greed will kill you on a certain day.

We should not really consider it luck, we have option to choose which coins and were the one to decide where and when to put it so better try until you make it work and profitable.

onebtcforlife

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Quote from: Opnsrc on November 13, 2018, 11:46:02 AM

Quote from: forex on November 11, 2018, 01:58:32 AM

Trading is a story not about luck, it is a story about hard work. if you rely on luck, then you play the lottery

True. We are not the gamblers here. Most of us have to spend at least 5-7 hours a day to do this job, and some guys almost live with trading. I suppose, that this is one of the most difficult jobs.

We need to spend more time in trading because sometimes we may lose the value suddenly, so a trader should watch the market closely in order to make a profit through trading. As a trader, he needs to spend more time in the market in order to analyse and book profits.

Work4cryptos

newbie

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Quote from: CryptoPowerL on November 12, 2018, 08:23:43 AM

Quote from: raghovsing34 on September 21, 2018, 02:17:44 AM

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.

Why check prices every day if you bought for the long term? Enough to check once a week. When the market returns to a growing direction, then it makes sense to check every day.

I do not think that luck can make you a successful man and if it can do so, it will be very rare so better make strategic decisions to become rich and not to rely on luck only because that is a wane expectation.

ninuplanste

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Quote from: CryptosD on November 13, 2018, 10:02:38 AM

Current market conditions are experiencing a downturn everyone has their own opinion in addressing the current market conditions maybe some people with their assets still make sales even though the price of coins is so cheap but if we know important information about cryptocurrency maybe someone will still do the trade even though by getting a little result from trading activities.

You should learn the market, charts, signals and etc. And also you can combine it with the trading bot - tradesanta.com. It allows you to get some profit when you try yourself in manual trading..

Well this isn’t any unfortunate. I really didn’t get your point why you have called it so. Mistakes are natural, and it happens. To human is err so how can we say this unlucky?

EXtremeAEX

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Quote from: 3la9l_kolbaCa on November 12, 2018, 05:38:51 PM

Quote from: EXtremeAEX on November 12, 2018, 04:41:04 PM

You need to understand that luck (or failure) has nothing to do with your situation. Here you are dealing with your ignorance, lack of education and misunderstanding.
In order for the coins to be sold, the seller must create an order. I'm sure you created it. Perhaps at that moment you didn't understand at all what you were doing. In this case, you should better understand how your exchange works and avoid such mistakes anymore.
It's good that you finally realized that you need to learn. If you constantly strive to become a good trader, learn and practice, then you will be succeed.
The main thing is always try to understand everything to the end and don't expect good luck. And if you have some confusion, don't blame the failure. If you are aware of the real cause of the error and understand that the reason is in you, then you can make the right conclusion. And on such conclusions your experience will be built.

Blaming yourself from a failure isn't a good idea mate, we should have to make it as an inspiration to pursue moving forward to correct yourself from that mistakes done. We're not perfect to handle situations over time, and yet I can relate myself to the current situations right now specially what had happened to me last year thinking that holding while price is high will double up my profit. Don't ever think that's all a bad luck, because after all we're going to survive and gain those potential profits that will surprise our entire finances.

That is what I said. We should never count on luck. When trading crypto currencies, we can only rely on ourselves (as in other activities). Only our self-education, practice, self-organization and work on our emotions can bring us success. And mistakes need to be corrected. And if there is no possibility to correct the mistake, then it is necessary to take a lesson from it and move on, no longer making such an mistake.

electron-coin

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I think your luck is not very bad. I think that the whole thing is a lack of knowledge.

When you buying for a long term you don't need to check the price at least once a day. If you bought for hold, then your goal is to keep the coin from 1 year or more. Therefore, you can watch the price, for the sake of interest once a month. If you look at the price every day, then most likely you will not stand it at some point and sell the coin due to an overabundance of emotions. And it will violate your plan - to hold the coin.
If we are talking about short-term trading, then everything is different. In general, in order to not worry too much, it is best to put a stop-loss order and take-profit order right after the purchase. If you don't use this tactic, then you need to be near the monitor all the time (which greatly complicates a normal life).

karanggatak

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still rest assured that luck will come again next time. there must be a positive value from someone's failure, because with failure someone can learn to be better than before, and surely that failure will not happen again. before making a sale, we should first see the minimum price value on that day. by looking at the market minimum price, we can control the profit or loss of coins to be sold. good luck always with you, and your failure can be the best teacher for you.

readygoaw

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Quote from: raghovsing34 on September 21, 2018, 02:17:44 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.

Before you start trading (and not Bitcoin only), try to learn about this business. Read about the most common mistakes of the traders and tips how to work better.

Dilerium90

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In the world of cryptocurrency, everyone wants to make more than 100% in one transaction, but this is not possible over the course of a long trade. You can never sell coin at the very top and buy it at the very bottom, and then greed will kill you on a certain day.

Babyrica0226

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Quote from: raghovsing34 on September 21, 2018, 02:17:44 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.

Perhaps, almost all of us here faced a bad experienced and majority was they've learned from it for sure.
then some are they never learn, instead they repeatedly do the same thing what they did it before. Never put your luck when you do trade in any of the exchange platform site pal. You must trade at your own risk always.

dat.ho12492

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Quote from: Opnsrc on November 13, 2018, 11:46:02 AM

Quote from: forex on November 11, 2018, 01:58:32 AM

Trading is a story not about luck, it is a story about hard work. if you rely on luck, then you play the lottery

True. We are not the gamblers here. Most of us have to spend at least 5-7 hours a day to do this job, and some guys almost live with trading. I suppose, that this is one of the most difficult jobs.

Totally agree, if we only rely on luck in trading, we just are gambling and failure is a certainty, luck is just one element to winning in trading but it is not all, trading still needs many other factors to make us successful. And the most important factors are probably experience and skill, these are all things that can bring victory to us, so if we fail in trading, we can only say that our skills and experience are not enough, we should never blame luck, blame only proves our lack of professionalism and ignorance

hanlap

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I like to long term trading but i am also an unlucky person. I like to hold long term Altcoins, but the later it gradually decrease make i feel anxious. But I still believe and still hold on to date.

coinfinger

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Quote from: eekkaa on October 31, 2018, 04:40:47 AM

it seems that not only you experience this much so much and they feel unlucky when trading maybe because they can't control their patience and make them say that.

Yes, some people can’t have patience and that’s what even makes them lose. If you want to invest Or trade then be ready for whatever follows and always have plans on what actions to take if the unexpected happens. When price starts to fall you either opt for a quick sell out and avoid further loss or you can continue to hold that coin if you believe that there will be increase in future.

worldofcoins

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Telegram: @worldofcoinss

There is no such thing a luck but skill. Maybe you're not skilled enough to do it which is fine because with time and perseverance you can improve and become better at trading. This is how we learn.

Bustart

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Don't be discourage for whatever failures you experience with crypto recently, because eventually we will be recovering from that failures as well. Even if we're not lucky enough right now, but in the long run you'll be learning the entire techniques to conquer the problems faced everyday. This is more like a battle of our finances, so it's not a problem that cannot be solved; there's always a solution for everything.

dunfida

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Quote from: MAJICOIN on November 13, 2018, 11:03:20 AM

If you fail first time it is not your bad luck but it is a chance to come and try again and crypto had made people lives better and it can not be your bad luck but it has a good future and trading is more profitable than investment here because every time you can sell to the parties and you can make a good transactions fee for them. It is very important that if you are working in trading with time you will learn the art of success. Trading in the bull market is highly appreciated and the job of trader is for 24/7 it has no leave.

Failures doesnt only happen on your first time it can even happen for how many times until it would come to a point on where you are telling yourself to surrender.
Just like on what happened on me when im just starting up on trading where i do experience countless loss but i didnt really even surrender which i do treat those loss
to be my stepping stone to be a better trader and it does.

tonlong

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The luck in the crypto market is still happening but i believe only a few.Importance is that you are sincere and serious about your work.Here are many questions about trade knowledge and investment in the market. The failure of the crypto arena will give you a lot of experience and you will succeed in the day and be lucky and knowledgeable from an investor.

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