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Topic: My luck is very bad for crypto trading 😞 - page 38. (Read 26426 times)

newbie
Activity: 6
Merit: 0
September 26, 2018, 04:31:38 AM
#74
Crypto trading is also a kind of investment. If you need a quick money, just buy and sell quickly without paying too much emotions. If you want a handsome sum in the future, you shall carefully choose those companies with great competitive potentials including strong R&D development ability and sound team members.
member
Activity: 406
Merit: 49
September 26, 2018, 04:28:40 AM
#73
Investing is primarily a project analysis, its potential and the need for a real sector, but as for trading, this is the main calculation of risks and the strategy is economically justified
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 26, 2018, 03:45:00 AM
#72
You have to spend more times for analysis price action and fundamental of each crypto, currently there are some altcoin was going up to 100% just in 1 or 2 days, and this good situation to make good profit. To earn maximum profit we should more focus, keep patient and set target profit monthly and avoid greedy.
well, in crypto trading, I'm also not very talented. the thing that I feel most often is when I sell the altcoin that I have, the price tends to rise. well, but I'm grateful, at this time I have avoided so many great losses.
hero member
Activity: 882
Merit: 500
September 26, 2018, 03:09:42 AM
#71
Profit is a profit. You can't magically sell your coin at the top of the market. Just receive your profit, and take a lesson on your trade. And I don't think that profit isn't good profit, maybe you just biased by how high the coin goes instead focusing on your trade gain.
Of course profit is nothing else but profit but here the author is upset with his decision making power due to which he did not cash his coins when the market was green and not blame his luck to be bad. I say there is not influence of luck in business. There are so many people out there who are upset and holding their coins for long. Why are all the people getting unlucky at the same time? Bear in mind there is no luck. It is rather a probability theory of life.
newbie
Activity: 448
Merit: 0
September 26, 2018, 02:13:47 AM
#70
coin or token sales may be more influential if balanced with efficient and orderly steps. big capital is also needed in operating it. Today, the price may be cheap tomorrow a week, two weeks or a month the price is also uncertain, yes that's what often happens when buying and selling coins. the market price which is arguably quite positioned. maybe by way of step by step steps there will be a favorable situation for us. isn't it very profitable if inside we want to play an active role in speculating the beginning and end in buying and selling coins ..... -+-+-+🙃🤔
full member
Activity: 616
Merit: 100
https://exip.live/
September 25, 2018, 08:10:42 PM
#69
You have to spend more times for analysis price action and fundamental of each crypto, currently there are some altcoin was going up to 100% just in 1 or 2 days, and this good situation to make good profit. To earn maximum profit we should more focus, keep patient and set target profit monthly and avoid greedy.
sr. member
Activity: 700
Merit: 260
September 25, 2018, 07:38:19 PM
#68
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.
like that it is not a problem of luck or not, you are too careless when setting prices if that is the case, for the exchange itself will not be responsible when there is a customer who misplaced the price, and talking about luck in Cryptocurreny trading in my opinion that is not enough , if you do trading at least use analysis don't just buy it
newbie
Activity: 82
Merit: 0
September 25, 2018, 04:44:50 PM
#67
I tried to trade for short periods in 2017 and failed since I was leaving positions too early or entering too late. Trading did not give a profit and sometimes make losses. I bought Ethereum and Bitcoin and invested them for a couple years. I am not happy about the state of today's market but it is better than survive every day doing fast trading for short periods.

That's why I started day trading. I found this friendly crypto community where we daily discuss and trade
different coins. Also we've got daily free updates and trading ranges, so we can easily grow our investments by 1-3%.
If interested check it out at: https://discord.gg/2cjRufh
member
Activity: 200
Merit: 10
September 25, 2018, 04:03:15 PM
#66
I tried to trade for short periods in 2017 and failed since I was leaving positions too early or entering too late. Trading did not give a profit and sometimes make losses. I bought Ethereum and Bitcoin and invested them for a couple years. I am not happy about the state of today's market but it is better than survive every day doing fast trading for short periods.
full member
Activity: 392
Merit: 105
September 25, 2018, 03:52:04 PM
#65
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.

This type of accidents are very common when you start in the business of crypto trading, because it is common that when we see a fairly quiet market we tend to put a short take profit, and although this can be quite practical most of the time, also it prevents us from enjoying the great profits that an unexpected pump can offer us.

But as you say, we must take it as part of our learning process, although ultimately in a market as unpredictable as this is practically impossible to be prepared to take advantage of each pump, otherwise it would be very easy to get rich in this market, and although perhaps many achieved it last year, for the vast majority it is still a challenge to identify the exact moment to enter or exit the market.
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
September 25, 2018, 03:17:41 PM
#64
I will suggest you always set your order before hand so that when the price gets at the level you want to, the order will execute, with this you don't need to be checking price every day rather you will be checking to see if your order has executed.
newbie
Activity: 70
Merit: 0
September 25, 2018, 01:51:19 PM
#63
You still gain a little. Don't get upset, just like the crypto rule says, don't let your emotions overcome you. Slowly but surely you will learn more, a little step forward is still a progress Wink
legendary
Activity: 3668
Merit: 6382
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September 25, 2018, 01:48:47 PM
#62
Trading is not gambling, so luck really does not play much part in it.

Exactly. OP, no offense, but trading is not by everybody. If day trading doesn't seem to work out, maybe a better approach would be to find a couple good projects (Bitcoin and a few alts) and consider holding for longer time (years). There's a good chance that some of those will grow nicely in such amount of time.

Of course, this is my opinion. OP, you have to decide for yourself what suits you better. You know that should not get investment advises from random people over internet, right?
hero member
Activity: 700
Merit: 503
September 25, 2018, 01:44:32 PM
#61
If your coins are sold, it means only that you created a order for sale. The coins themselves could not sell themselves. And this is not a matter of luck.
I think you need to deal with the subtleties of the exchange on which you work. There is probability that you are trading in the margin trading section, and you don't realize it. I met several people who traded with margin, but they were confident that they were just trading on the exchange. Then the only thing that helped them to understand, is that from their accounts periodically disappeared currencies.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 25, 2018, 01:27:36 PM
#60
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.
The core reason why your luck factor is not favoring you is, you are not focusing for long term. If you are so, then probably you might have withdrawn your coins into cold storage and you might have enjoyed lots of profits. Who else would have set the sell order if you are not the one and why will you ever be trading at all without at least having some way to monitor your trade once in a while. I would not call that unlucky as you at least was able to make some good profit from your trade.

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.
In my experience, you never need to check your coins' prices everyday it is a thing of day-trading and definitely not for crypto world. Another important thing now is to just look for a better point of entry again, but at this time, it is obvious the doge market is correcting. Trading is not gambling, so luck really does not play much part in it.
legendary
Activity: 1554
Merit: 1054
September 23, 2018, 09:28:49 AM
#59
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!
Trading is a profession and you certainly need to give it your time, energy and some level of dedication to learning when it comes to it.

Luck is something that could just happen when it comes to a market reaching a certain unexpected point, but as it is, I am sure the OP himself must have set the 49sats without knowing, but he should also understand that he can win it all and there will always be another good buying opportunity in the long run.

At least, he made some profit, which is something good enough. What if the market decided to return back after hitting the 49sats mark ?
member
Activity: 233
Merit: 50
September 23, 2018, 09:14:37 AM
#58
i also have bad experience,because i bought cardon for one month ago, that time it price was 0.16 but this month first week it price was 0.07 so this is my bad experience in trading, so we don't expect any thing here. 
sr. member
Activity: 1162
Merit: 252
September 23, 2018, 09:04:31 AM
#57
Profit is a profit. You can't magically sell your coin at the top of the market. Just receive your profit, and take a lesson on your trade. And I don't think that profit isn't good profit, maybe you just biased by how high the coin goes instead focusing on your trade gain.
I going to say the same thing. Anytime that u made a bit of money is a good thing .Worst if you bought during the peak
full member
Activity: 490
Merit: 107
September 23, 2018, 09:02:20 AM
#56
I prefer to sell with 2 parts, I will sell a minimum of 5% profit and both get a minimum of 10-15% profit. So we will not lose the moment of profit.

Nothing bad when you bought at low price of crypto, and everything will become profitable when the right time comes. Don't be too rush on your decisions, because you might be panic if you will not be in controlled with your emotions.
full member
Activity: 1162
Merit: 101
September 23, 2018, 08:44:28 AM
#55
Yes, you need to periodically check the rates of tokens that are in the portfolio and fix the profit from them, otherwise you can generally stay without it
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