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Buying wrong or bad luck?

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On 4/23/2020 at 7:12 PM, Readmm said:

I also try to analyze the market myself, because if you simply follow the signals of other people, it won’t work out so I will learn how to analyze the market myself.

Both scenarios have happened to me. I bought some coins at the best moments with lowest rates but I wasn't lucky enough because after that, they went down and down and I lost more and more but I was persistent enough to hold them for such a long time that could give my capital back and break even! I also bought wrong once. This happened to me about a coin that I bought without careful analysis. I didn't know whether the market was bullish or bearish. I just bought out of excitement and didn't earn after that. I think in second case, it was my own fault not the market because I didn't evaluate the conditions.

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On 10/26/2019 at 8:30 PM, spyaquino said:

Guys, in this post I want to share my trading experience and at the same time to know from you a sincere opinion, ok, no frills come on. I started with cryptocurrencies about two years ago, and I'll tell you, I wasn't a very lucky person, or maybe I didn't have the proper experience, because every time I would trade an altcoin or even BTC, The following happened, I bought thinking that the price was good, thinking it was low, yes it was even low, but it is not that whenever I invented to buy instead of raising prices fall more! Yes, there I thought, but my thing, the price is falling, so I sold shortly after fear of losing too much, right, but when I sold is not that the price increased more, then I was pistol. A long time I was indignant and wondered: I don't want to know about this cryptocurrency business anymore, trading, this is not for me, I'm very "unlucky". But then I would stop trading for a while, not that prices would skyrocket, and guess I had not bought anything, so I would not participate in this bull rum. In the end, I would like to know from you if anyone has been through this one day, and if we can consider it "bad luck" or just lack of experience ?! Today I can say that I can assimilate when it is my time to buy and when it is my time to sell, because I already have more experience. Well, I hope you share your experiences or inexperience in negotiations. Hugs to all.

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Welcome my friend
I think you did not have the necessary trading skills to keep you in the market, my friend, you must have the necessary skills before you trade

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The theory is always easy, but the reality is that trading is never easy. I don't know when it's the lowest to buy, or the highest to sell. but can rely on analytics to work. Important analysis and it accounts for 70% of success. Don't let inexperience make you lose everything.

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On 4/27/2020 at 11:29 AM, King98 said:

This is usually happening in the crypto market and if you are right you are buying it by luck but things have turned out differently and if you do not know what you are doing it is buying wrong

Indeed, l absolutely do agree with your opinion about that, if you don't know what should you make. That means you have something decided wrong. In my view you don't need only to have money for trading, you must have also knowledge and experiences. 

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3 hours ago, phizusiki said:

difficult because sometimes we are afraid of being lost and do not dare to hold on longer or too hastily when deciding to sell or buy. Any possibility is possible with cryptocurrencies, stay calm when trading and follow the original strategy you have implemented.

The strategy and plans is the only way to become a good traders there no other way like chance or luck it's the market analysis who decided for your lose of profit in this market,so it's good to be calm and trade without be afraid

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On 1/17/2020 at 2:26 AM, Hamden said:

Welcome with me

We can divide the bitcoin price or cryptography generally into three chapters:
Chapter one: the price starts to recover and rise in the first months of each year
The last chapter: The price level drops to the lowest at the end of the year
Middle season: high price over the middle months of each year

You choose the time to invest

That is another factor every trader must consider. Emotions can ruin your deal. Never sell a loss, be patient. Let's say it is not our luck if the price exceeds the target. Because after all, trade names must be speculative.

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Just now, NarD said:

If you do not have iron patience and do not think on a cold head , it is better not to climb into the cryptocurrency , or learn from your mistakes.

Patient is not something that everyone could get to learn from their mistakes, for many it is deeper than that and for others is about running out  of options, because from what i have seen many want to stay patient and get their profits but why are they no doing just that.

Just now, Saboor said:

That true bro, this is the best way to avoid regrets in cryptocurrency trading, whenever you lose small amount you won't mind it, but when it is huge amount, you can even fall sick

When i lose big i drink a lot and took the rest of the coins i have to gambling, i'm worse when comes to losing.

Just now, NarD said:

If you do not have iron patience and do not think on a cold head , it is better not to climb into the cryptocurrency , or learn from your mistakes.

I like crypto too much, i'm the one of those that should follow your advice that crypto is not for me, but i just can't do it, crypto is everything to me.

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What you experience is normal for beginners, and with your experience I suggest you learn about trading, at least you can find out the support area and resistance area on the chart, because there is no word you buy cheap and sell expensive in trading, the truth is you buy in the support area and sell in the resistance area.

And in trading management, it is recommended that you buy gradually and also sell gradually to keep your emotions stable, because if you buy and sell all at once then what happens is as you feel.


■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

 

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On 12/5/2019 at 9:25 PM, scorpiali said:

Sometime we have a change play with us in buying of selling coins if you buy with The price and After twenty four hours the price grow to 50% just by chance without any analyze it will be a good day for you but in general we can trade like this and it's not a metrology to trade

less fortunate but if you have bought it is better to keep it until the target profit is reached. It is very difficult because sometimes we are afraid of being lost and do not dare to hold on longer or too hasty when deciding to sell or buy

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On 10/27/2019 at 3:30 AM, spyaquino said:

I don't want to know about this cryptocurrency business anymore, trading, this is not for me, I'm very "unlucky"

And I am a trader like you my friend and we all went through this situation where when we buy the currency and we think it is at the bottom, luck turns against us and decreases more and more, and we sell at a loss, and so on until we lose a large part of the capital, that the problem is not an option but rather with patience we have to be patient until the currency returns to the price That we expect.


■   ■   ■   ■   ■   ■     PEER-TO-PEER MULTI-BLOCKCHAIN SYSTEM     ■   ■   ■   ■   ■   ■

 ━━━━━ ━━━━ ━━━ ━━ ━    Free TON    ━ ━━ ━━━ ━━━━ ━━━━━━

|► DECLARATION OF DECENTRALIZATION |   FORUM   |   TON SURF   |► BECOME AN AMBASSADOR |

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1 hour ago, phizusiki said:

less fortunate but if you have bought it is better to keep it until the target profit is reached. It is very difficult because sometimes we are afraid of being lost and do not dare to hold on longer or too hasty when deciding to sell or buy

I have this feeling too but just when i buy some unknown coins but the famous and trusted coins are all the time safe and you can store your money on it 

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By reading your post I can easily says that it's the mixture of both the lack of experience as well as your bad luck. We can't deny it that your luck also plays some part in trading but your knowledge, experience and ability to analyze market movements palys even more bigger part.

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I think that all bad investments are wrong purchases because I think there is no luck, there is only experience that good traders rely on.

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On 1/17/2020 at 12:52 AM, doriahailee said:

It's an common mistake that always happen and personally i also feel this one too, The most important things on trading it's dont panic, Sometimes it's don't same with plan but because of that we are tested to make a backup plan if it doesn't work out.

New improved technology attracts investors, helps improve their importance and creates a network of stakeholders around them. Emotions can ruin your deal. Never sell a loss, be patient. Cryptocurrencies are also volatile and we don't know when cryptocurrencies will become inflated.

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12 hours ago, NevermindNe said:

I think that all bad investments are wrong purchases because I think there is no luck, there is only experience that good traders rely on.

That is what we all must do, relying on our experience not lucky, but i bet over 80% of traders relies on lucky.

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On 1/17/2020 at 11:11 AM, Honny143 said:

I already told this there is no luck factor in trading there is need only experience  follows chart market research and patients this quality is need in trading first you have no any experience and buy altcoins without research and follow chart  and you have no patients to sell to low price then how you became a successful trader

The global money market is changing momentarily and affected by many economic indicators. Therefore, traders must understand the factors that influence the market and how to monitor them. when I have experience and learn how to trade and choose to trade successfully. Experience is increasing day by day and so is profit.

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On 10/27/2019 at 7:00 AM, spyaquino said:

Guys, in this post I want to share my trading experience and at the same time to know from you a sincere opinion, ok, no frills come on. I started with cryptocurrencies about two years ago, and I'll tell you, I wasn't a very lucky person, or maybe I didn't have the proper experience, because every time I would trade an altcoin or even BTC, The following happened, I bought thinking that the price was good, thinking it was low, yes it was even low, but it is not that whenever I invented to buy instead of raising prices fall more! Yes, there I thought, but my thing, the price is falling, so I sold shortly after fear of losing too much, right, but when I sold is not that the price increased more, then I was pistol. A long time I was indignant and wondered: I don't want to know about this cryptocurrency business anymore, trading, this is not for me, I'm very "unlucky". But then I would stop trading for a while, not that prices would skyrocket, and guess I had not bought anything, so I would not participate in this bull rum. In the end, I would like to know from you if anyone has been through this one day, and if we can consider it "bad luck" or just lack of experience ?! Today I can say that I can assimilate when it is my time to buy and when it is my time to sell, because I already have more experience. Well, I hope you share your experiences or inexperience in negotiations. Hugs to all.

download.jpg

Pumping and dumping is rule of market and we cannot work based upon luck. Your case is related to lack of knowledge. If price rises or falls experienced people never become panic because they know price would rise or fall after this. So they take very less wrong actions. May be your buying and selling decisions are at wrong places. Resistence and support level, consolidation and many more factors helps to take right actions. So first learn technical analysis.

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On 10/27/2019 at 3:30 AM, spyaquino said:

very "unlucky

It doesn't have to do with luck. Basically it is a mistake to think so as there are market conditions that you can take advantage and reduce risk. It is not a gambling game that is based on variance, although trading with high leverage does have some gambling features. Trading in general is quite different though.

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The rule always says that we should buy when the price falls and sell when the price rises, so my friend when the price goes down I don t have to panic and sell currencies but you have to keep them because the price will go back up again so keep them until the price goes up

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I can not say bad luck, if the market is well analyzed, people can still know when to buy and gain, it may seem hard but possible. There is no bad luck in trading than someone buying at the wrong time. 

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In this case that you passed from, I will tell you that you lacked this experience. This is the reason, because when you start with the wrong step, you will complete all the steps with the same mistake and you will become a counter-wave. In this case, I tell you to restrain yourself and not think too much about this issue, because you will only get the loss. You need to start learning the basics of trading before taking any step

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If someone buy wrong and lose, it is definitely a bad luck. But for those that depends on luck, this likely to happen.

 

But experience is needed in trading and even in investment, any mistake can lead to bad luck. But, this can not happen to professionals as they did not see it as bad luck when the good graders surpass the non favored ones. 

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You should never give up because of loss! Trading never depending on lucky, but depends with knowledge and skills. You need to learn full details of every coin that you need to trade, it lowest price when falls and it highest price when grows! Losing in crypto is just like a card crash while it has a good driver. So increase your trading knowledge instead of giving up, i do good things because of trading!

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It is not bad luck but the reason must be because the person who is doing so, buying, making losses,  they are just not that much expert in trading,  that is why they loss.

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i think that small experience in trading, you should be search some trading courses to learn how and when you start your trade,  i sugest to you search with key words like support resistor points.


observation: do not trade with all your capital in one coin for one trade,

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