Skills vs Luck *poll* - page 10. | Bitcointalksearch.org

icecube45

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Quote from: romero121 on November 02, 2016, 02:00:27 AM

Quote from: X-ray on November 01, 2016, 07:24:30 AM

Quote from: Rinsend on November 01, 2016, 06:30:32 AM

Both for me, but Skill is a little more important than luck. Because in trading you have to think how you can get a big money.

but in my opinion luck is more important than skill,if you have luck but don't have skill you can still keeping up trading because you have the luck and maybe every after buying you will see the price is rising and you get profit whilst with skill it's uncertain

As quoted luck plays an big role in profiting, though the person doesn't have much skills. At the same luck won't give a constant earning, because every time luck won't stay with certain persons. Skill is not like that, we can make strategies and move on to get a constant earning. I believe that the person with skills is always lucky.

Yes indeed, luck is the basis for profit. Even so skills are also indispensable in trade. Because if we use trade only rely on luck it will not be profitable, so it is very necessary skills. With the skill we can increase the chances of luck.

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Quote from: eaLiTy on November 02, 2016, 02:08:39 AM

complication comes when there is uncertainty and that is where skill along with luck is necessary when it comes to trading as no one can predict exactly if the price goes up or down at a certain time

Well experienced traders don't need any luck as they strictly rely on the experience that they have been building up throughout the years. That doesn't mean luck can't be an aspect of trading, but it's just an extra bit that comes your way in some cases. If I put it in perspective, then I say 90% skills and experience, and 10% luck. Luck is a nice bonus, but not a necessity.

I am talking about trading Bitcoin here, and not about altcoin trading. When it comes to altcoins, then it's vice versa. 10% "skills and experience" and 90% luck. Potential rewards are high as some people like to put up as argument, but when mentioning that, they also have to mention the fact that the value of altcoins can vanish by huge perecentages in a very short time. But they mostly don't mention that.

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Quote from: X-ray on October 27, 2016, 05:57:52 AM

Quote from: jerowacik on October 27, 2016, 02:04:33 AM

the luck factor is much more important. because gambling entrust our fortunes. may be nearly 80% of gambling game requires you to be lucky. skill can not help in the game of gambling.

it's not about gambling,OP have asked about which factor (skill or luck ) is important on trading nor asking for a gambling,if it was about gambling then the answer is can be easily figured out because gambling is pure lucykness so the answer is luck,but trading is more complicated than that thing

complication comes when there is uncertainty and that is where skill along with luck is necessary when it comes to trading as no one can predict exactly if the price goes up or down at a certain time

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Quote from: X-ray on November 01, 2016, 07:24:30 AM

Quote from: Rinsend on November 01, 2016, 06:30:32 AM

Both for me, but Skill is a little more important than luck. Because in trading you have to think how you can get a big money.

but in my opinion luck is more important than skill,if you have luck but don't have skill you can still keeping up trading because you have the luck and maybe every after buying you will see the price is rising and you get profit whilst with skill it's uncertain

As quoted luck plays an big role in profiting, though the person doesn't have much skills. At the same luck won't give a constant earning, because every time luck won't stay with certain persons. Skill is not like that, we can make strategies and move on to get a constant earning. I believe that the person with skills is always lucky.

markyminer

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Quote from: iram3130 on October 29, 2016, 12:04:42 PM

Obviously, you need both.
Sometimes just luck takes you all the way to success. But skills measure your overall success in any work

Even poll result is saying that people need "Both", Skills and Luck.

yest that is in fact right to say, to me i will always select luck, as i have fully believe on luck and skill can also play an important role in your success, therefore the importance of luck cannot be ignore.

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Quote from: Rinsend on November 01, 2016, 06:30:32 AM

Both for me, but Skill is a little more important than luck. Because in trading you have to think how you can get a big money.

but in my opinion luck is more important than skill,if you have luck but don't have skill you can still keeping up trading because you have the luck and maybe every after buying you will see the price is rising and you get profit whilst with skill it's uncertain

Rinsend

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Both for me, but Skill is a little more important than luck. Because in trading you have to think how you can get a big money.

whizter

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Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

yes no doubt about that but i think luck is more important that skill, to me skill need luck but luck do not need for any skill. i have seen so many people who have no skill and experience in trading but still they are making good money and they are totally depending on luck.

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Quote from: Liad.Services on October 30, 2016, 01:14:33 AM

Quote from: sabbirshm on October 30, 2016, 01:06:14 AM

Quote from: Liad.Services on October 30, 2016, 12:57:55 AM

Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

You dont need the skill if you have the luck,if the only reason that you think that having a skill is better then having luck is money,then I think that luck will be more helpful at your case.

If you have a big luck you can win a big lottery,unlike skill which wont gain you a big money.

Luck is very important in both trading and gambling.But I don't think everytime luck can help you. Sometimes it will help you but most of the time it will betrayed with you.But every time you can do better with your skills and experience.

Luck is the only thing that is important in gambling.
I may agree with you that you need some skills in order to be successfull in trading,but if you are going to gamble,all you need is luck.

Skill in trading wont help you as luck helps you,if you have a big luck,and you are not the best at trading, you would still be successfull.

In gambling only. But that doesnt mean it will always go your way. There are house rules and they wouldnt want getting broke just by letting players win all the time. The key is make them addicted by letting them win then they will get it back.
Skills are really different. Yes it can be used in some gambling games like poker but a great skill is needed including skill in lying.

Liad.Services

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Quote from: sabbirshm on October 30, 2016, 01:06:14 AM

Quote from: Liad.Services on October 30, 2016, 12:57:55 AM

Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

You dont need the skill if you have the luck,if the only reason that you think that having a skill is better then having luck is money,then I think that luck will be more helpful at your case.

If you have a big luck you can win a big lottery,unlike skill which wont gain you a big money.

Luck is very important in both trading and gambling.But I don't think everytime luck can help you. Sometimes it will help you but most of the time it will betrayed with you.But every time you can do better with your skills and experience.

Luck is the only thing that is important in gambling.
I may agree with you that you need some skills in order to be successfull in trading,but if you are going to gamble,all you need is luck.

Skill in trading wont help you as luck helps you,if you have a big luck,and you are not the best at trading, you would still be successfull.

sabbirshm

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Quote from: Liad.Services on October 30, 2016, 12:57:55 AM

Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

You dont need the skill if you have the luck,if the only reason that you think that having a skill is better then having luck is money,then I think that luck will be more helpful at your case.

If you have a big luck you can win a big lottery,unlike skill which wont gain you a big money.

Luck is very important in both trading and gambling.But I don't think everytime luck can help you. Sometimes it will help you but most of the time it will betrayed with you.But every time you can do better with your skills and experience.

Liad.Services

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Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

You dont need the skill if you have the luck,if the only reason that you think that having a skill is better then having luck is money,then I think that luck will be more helpful at your case.

If you have a big luck you can win a big lottery,unlike skill which wont gain you a big money.

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Quote from: Somastarted on October 30, 2016, 12:02:29 AM

We need both
but the main reason is skill. trading is needed a skill to get a profit.

Luck coming with nature and skill coming with your efforts are sure about this, you never ask your efforts and never get a skill and without asking about your luck and already providing on yourself, dude. it's different.

Somastarted

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We need both
but the main reason is skill. trading is needed a skill to get a profit.

gabmen

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Quote from: iram3130 on October 29, 2016, 12:04:42 PM

Obviously, you need both.
Sometimes just luck takes you all the way to success. But skills measure your overall success in any work

Even poll result is saying that people need "Both", Skills and Luck.

Yeah you need both, but in trading, skill plays a bigger part moat of the time. You can be lucky yes but that is not going to happen all the time and when you depend on luck, there's a pretty chance that you will lose money more than those people who study how trading works

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Quote from: iram3130 on October 29, 2016, 12:04:42 PM

Obviously, you need both.
Sometimes just luck takes you all the way to success. But skills measure your overall success in any work

Even poll result is saying that people need "Both", Skills and Luck.

Definitely what we need is consistency and we cannot achieve that if we are only relying on our luck, most of the people who trade based on luck loses in the long run, you cannot treat trading as a gambling as it is a different things, this is a serious venture that requires serious attention.

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Quote from: iram3130 on October 29, 2016, 12:04:42 PM

Obviously, you need both.
Sometimes just luck takes you all the way to success. But skills measure your overall success in any work

Even poll result is saying that people need "Both", Skills and Luck.

Both would be really needed in able to be successful on a certain thing like on trading. Luck wont work alone especially on trading without skills because you would not know on how to use it. Trading is not an easy thing to do you would really need some skills and knowledge and with some luck then youll surely made a succesful trade.

iram3130

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Obviously, you need both.
Sometimes just luck takes you all the way to success. But skills measure your overall success in any work

Even poll result is saying that people need "Both", Skills and Luck.

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Quote from: mirakal on October 29, 2016, 08:24:30 AM

Quote from: Ryananda on October 29, 2016, 05:36:26 AM

Quote from: X-ray on October 29, 2016, 05:18:57 AM

Quote from: contradiction on October 29, 2016, 04:45:04 AM

Quote from: intrader on July 02, 2016, 10:58:19 AM

When trading What Matters More Skills or Luck?

skill should be more efficient when it comes in trading. you should be skilled to know when to invest and when to not. buying bitcoins is just easy as buying a goods in a store. but selling it in a higher price takes time when you want to profit large amount. patience is a virtue. bitcoins can be earn when you wait.

no one can absolutely predict the future ,to know the right time to buy or sell as you stated above you need analyzation skill indeed,but analyzation could possibly miss and you will end up losing your funds,and if you have luckyness,you're not going to miss

Yes absolutely no one can predict exactly. But in trading expertise needed to predictions also saw the potential of rising and falling prices. That affect the success or failure was in the act of patience and luck. Maybe between skill and luck is needed in trade.

That's why we are betting on our prediction here as no one knows what the outcome will be, otherwise a person who knows the outcome will be rich already and I want to be that person however it's impossible.

Our only chance to make money here is when we can make correct prediction most of the time and that requires skills more than luck.

I agree that to be able to correctly predict the otucome in sports betting, one must have acquired the skill of using the knowledge gathered on each team to his advantage. Having this skill will give you an advantage of knowing who will have a bigger chance of winning between the two team.

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Quote from: Ryananda on October 29, 2016, 05:36:26 AM

Quote from: X-ray on October 29, 2016, 05:18:57 AM

Quote from: contradiction on October 29, 2016, 04:45:04 AM

Quote from: intrader on July 02, 2016, 10:58:19 AM

When trading What Matters More Skills or Luck?

skill should be more efficient when it comes in trading. you should be skilled to know when to invest and when to not. buying bitcoins is just easy as buying a goods in a store. but selling it in a higher price takes time when you want to profit large amount. patience is a virtue. bitcoins can be earn when you wait.

no one can absolutely predict the future ,to know the right time to buy or sell as you stated above you need analyzation skill indeed,but analyzation could possibly miss and you will end up losing your funds,and if you have luckyness,you're not going to miss

Yes absolutely no one can predict exactly. But in trading expertise needed to predictions also saw the potential of rising and falling prices. That affect the success or failure was in the act of patience and luck. Maybe between skill and luck is needed in trade.

That's why we are betting on our prediction here as no one knows what the outcome will be, otherwise a person who knows the outcome will be rich already and I want to be that person however it's impossible.

Our only chance to make money here is when we can make correct prediction most of the time and that requires skills more than luck.

Topic: Skills vs Luck *poll* - page 10. (Read 34767 times)

Topic: Skills vs Luck poll - page 10. (Read 34767 times)