My luck is very bad for crypto trading 😞 - page 28.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: BlueStackz on October 26, 2018, 01:06:29 AM

Quote from: Osarman on October 22, 2018, 01:21:25 AM

Quote from: Agapelove on October 14, 2018, 06:06:03 PM

Sometimes it is better to be lucky than great. But, this is good for only very few times. In trading, strategy is the key, not luck. Better to understand how things move on here in the market. Don't just leave then come back. Monitor your investment wisely.

It depends less upon luck and more it is actually knowledge dependent, luck is just an excuse for us but the major thing is up to you. Now, if we try to start buying in the current market of Bitcoin and after some time when we sell out without monitoring any market conditions we may make loss and may not but that is in rare cases. In this way loss has more possibilities and it will be the final result so it is of no use to make excuses.

Lol, you’re right. Another problem that people do have is that they continue to ask questions when the opportunity is right in front of them, instead of buying and waiting for when the price will increase.

This is just as some people are doing right now, Bitcoin is down to $6000 and you still see some people asking questions on whether they should buy Bitcoin or wait. Funny, till when will they continue to wait? None of my business though, I’m all about mine.

I think it's more on commitment and self-discipline. Trading carries a certain degree of risk, it's very important to study the nature of the field. It's best to find your own strategy, stick with it and don't depend on others as there's may or may not work for you. It's not all about winning, situations may not always be under our control. Be prepared for the possibilities, don't lose hope, and keep your goals high and strong.

Isiaka208

copper member

Activity: 411

Merit: 1

Not much of it is luck related, you need absolute patience and follow ups in this bearish market. So bad you had some sell orders unknown to you but keep your coins of the exchanges, bring them only when you are ready to trade.

BlueStackz

legendary

Activity: 1204

Merit: 1028

Quote from: Osarman on October 22, 2018, 01:21:25 AM

Quote from: Agapelove on October 14, 2018, 06:06:03 PM

Sometimes it is better to be lucky than great. But, this is good for only very few times. In trading, strategy is the key, not luck. Better to understand how things move on here in the market. Don't just leave then come back. Monitor your investment wisely.

It depends less upon luck and more it is actually knowledge dependent, luck is just an excuse for us but the major thing is up to you. Now, if we try to start buying in the current market of Bitcoin and after some time when we sell out without monitoring any market conditions we may make loss and may not but that is in rare cases. In this way loss has more possibilities and it will be the final result so it is of no use to make excuses.

Lol, you’re right. Another problem that people do have is that they continue to ask questions when the opportunity is right in front of them, instead of buying and waiting for when the price will increase.

This is just as some people are doing right now, Bitcoin is down to $6000 and you still see some people asking questions on whether they should buy Bitcoin or wait. Funny, till when will they continue to wait? None of my business though, I’m all about mine.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Kiweikoo on October 25, 2018, 01:33:59 AM

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.

If you buy a coin with the intention of holding it for long-term, then why check it out all day. You bought the coin because you knew that it has the potential to reach a very high price in future, so there is no need to be checking it out everyday, you should just have patience till the time you planned to reach.

It’s only those that plans to hold it for just a short time that should be checking out the price everyday to know if they should withdraw or continue to hold it.

holding do also have a two branch , one is short term and the second is long term . maybe the guy is only doing short term hodling that's why he always check the price more oftenly .

we all know that cryptos can do amazing and nearly impossible things because sometimes they pump or dump unexpectedly within a short time frame .

that is why it is always a good idea to monitor your investments/holdings so that you wont miss any good oppurtunity that may occur .

Kiweikoo

hero member

Activity: 1036

Merit: 500

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.

If you buy a coin with the intention of holding it for long-term, then why check it out all day. You bought the coin because you knew that it has the potential to reach a very high price in future, so there is no need to be checking it out everyday, you should just have patience till the time you planned to reach.

It’s only those that plans to hold it for just a short time that should be checking out the price everyday to know if they should withdraw or continue to hold it.

Osarman

hero member

Activity: 952

Merit: 503

Quote from: Agapelove on October 14, 2018, 06:06:03 PM

Sometimes it is better to be lucky than great. But, this is good for only very few times. In trading, strategy is the key, not luck. Better to understand how things move on here in the market. Don't just leave then come back. Monitor your investment wisely.

It depends less upon luck and more it is actually knowledge dependent, luck is just an excuse for us but the major thing is up to you. Now, if we try to start buying in the current market of Bitcoin and after some time when we sell out without monitoring any market conditions we may make loss and may not but that is in rare cases. In this way loss has more possibilities and it will be the final result so it is of no use to make excuses.

kaizerblitz

full member

Activity: 504

Merit: 105

That's normal thing on trading i had problem on that the reason we are always fail on trading is hodling we cannot hodl our altcoins forever or just a weeks. I always put on my mind that i need money a profit immediately but i learn on that trading is always need to be patience all the time and put an effort on doing that.

ss890

sr. member

Activity: 644

Merit: 263

Oh no man it's not your luck really, it is something different. That's called as failed technical and fundamental analysis of your trading pair. Have you ever noticed that how trade patterns are changing all the time ? Have you ever studied why that's happening and what's the driving force for all of them. I guess most of the people just jump into any trade by seeing the less value for the coins and thinking that it will book one day. Just like doge you stated. However, there are many more deeper things than this one must notice before anyone can be successful and start yelling at their luck.

Yamifoud

hero member

Activity: 2828

Merit: 518

So sad for you man but I'm pretty sure that your not alone, many individuals having such losses in trading especially for the current market condition.
Don't lost your hope, still have time to cover those losses and used those learnings to come up for a better strategies in trading.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

if you think that trading is expecting luck then you are just gambling and not trading... believe when you are trading your decision that is the most important and to make that decision you must have the skill to read the chart and control emotions, learn these two skills so I'm sure your luck will be good because you have used tricks, and not gambled...

globalpain

full member

Activity: 1260

Merit: 103

The OGz Club

Quote from: breathlessz on October 16, 2018, 10:26:59 AM

Quote from: paparexon0414 on October 16, 2018, 10:18:30 AM

I think these thread is gathering all the people who have a bad trading experience and so glad to read some sentiments here. I just feel "somehow" relieved because i know that im not the only one who sucks in trading. Before i used some of my bitcoin to buy a token and i am so glad that it going up high. As i reach my target price i sell all of those and bought another tokens. Sadly, its not a good move. I shouldnt sell my first token cause it keeps on going up while my second buy keeps going down and ended up losing all my investments. So sad...

i think your step is right, but when you sell it, it should be part of your assets to buy bitcoin, which is safest coin, so that psychology is maintained. and you can think clearly to continue trading according to taste

there needs to be a favorite coin to keep on monitoring in the long run, many altcoins that you can search for, but focusing on one coin is very important because we cannot see all the coin developments at once. I am still loyal to certain coins and I only allocate a fraction of the capital allocation to focus on the new coins I want to buy.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: paparexon0414 on October 16, 2018, 10:18:30 AM

I think these thread is gathering all the people who have a bad trading experience and so glad to read some sentiments here. I just feel "somehow" relieved because i know that im not the only one who sucks in trading. Before i used some of my bitcoin to buy a token and i am so glad that it going up high. As i reach my target price i sell all of those and bought another tokens. Sadly, its not a good move. I shouldnt sell my first token cause it keeps on going up while my second buy keeps going down and ended up losing all my investments. So sad...

i think your step is right, but when you sell it, it should be part of your assets to buy bitcoin, which is safest coin, so that psychology is maintained. and you can think clearly to continue trading according to taste

paparexon0414

full member

Activity: 432

Merit: 126

I think these thread is gathering all the people who have a bad trading experience and so glad to read some sentiments here. I just feel "somehow" relieved because i know that im not the only one who sucks in trading. Before i used some of my bitcoin to buy a token and i am so glad that it going up high. As i reach my target price i sell all of those and bought another tokens. Sadly, its not a good move. I shouldnt sell my first token cause it keeps on going up while my second buy keeps going down and ended up losing all my investments. So sad...

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

Every investors Got bad luck in trading also if their coins will goes down for it's price and lossing their money in shitcoins they putting investment for it.

Congyang

full member

Activity: 882

Merit: 110

Quote from: otundebis on September 21, 2018, 03:09:41 AM

If you believe luck has to be responsible for your woes in cryptocurrency, I will say it is not the same for millions of people trading and investing in cryptocurrency. I think luck has little to do with the level of success you enjoy in cryptocurrency, skill and proper understanding of cryptocurrency and good planning does!

luck is not a major factor in crypto's success, the main factor in trading is the ability of the skills that traders have, if only relying on luck will never get profit regularly.

juntop1

newbie

Activity: 34

Merit: 0

I think luck is not a key to success in crypto trading. What you have experienced is called a mistake. But don’t take it that negative, it’s a lesson which can protect you from further mistakes. Any experience in trading improves your skills. The crypto market requires a lot of knowledge and practice.

Bobby park

member

Activity: 546

Merit: 24

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.

If you are bad luck in crypto trading, I would say that I am a bad luck also in searching for a good bounty. I had 5 bounties since I have joined here but all of them are failed. I thought it is easy to stay in bounties but I think trading is my forte. However, I want to prove to myself that I will become a successful bounty hunter someday. So, I joined again and this time, I will select a good one.

Agapelove

member

Activity: 425

Merit: 10

Sometimes it is better to be lucky than great. But, this is good for only very few times. In trading, strategy is the key, not luck. Better to understand how things move on here in the market. Don't just leave then come back. Monitor your investment wisely.

Xising

sr. member

Activity: 910

Merit: 257

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.

I would not say it's luck, I think the market is just not in a good state right now, that even when you are prepared for the trades you make, they sometimes go down sight in a very unexplained fashion, therefore, you can't totally blame luck for it. I think, what you need to do is to actually take a step back and see whether you did some miscalculations or miscues in some areas that lead to the loss. I mean, even seasoned traders sometimes go after leads that would seem good on the onset, but would not be a good one in hind site. I mean, since the market is not in a good state right now, every venture one makes should be double even triple checked if necessary.

Adhar

jr. member

Activity: 966

Merit: 1

Its Normal, you can learn from your mistake. Every traders are facing some lose.but important is how can you prepare for next.so dont panic,its part of the crypto.

Topic: My luck is very bad for crypto trading 😞 - page 28. (Read 26426 times)