Never Jump Into Trading Depending On Luck

[Satya31 865]

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

[xprince1996 865]

2 hours ago, Satya31 said:

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

You are right some people think trading is easy like 1 2 3 but they didn't know that it also requires some knowledge to able to predict the right action of the market.

[khan22 3478]

Those peoples which will just try their luck they are going to loss their all money. In crypto trading luck is not working every time because at first you will get the money and you make easy money through trading but when it start to loss then it will wash the account completely and you will never recover you money.

[SyntaxEr. 709]

On 12/12/2019 at 8:52 PM, Satya31 said:

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

Yeah you are right it is very important to have atleast some knowledge in trading before entering it because relaying in luck will surely drain your funds in the end.

[palalu 512]

yeah I've heard lots of stories about people who only depend on luck and follow the advice of the chat-box message on the exchange, and they end up with a big loss

[Yanadia 1517]

Abswlutly right. Trading is logical indrustry not only gambling. Here.we look profit and avoid the loss so ww muat really knew.about crypto and knew the better tekhnik for doing trading on cryptocurrency 

[sportlopez9000 232]

I agree completely. When you jump into trading just thinking about luck and how much you're going to make it will just make you lose more. Don't make this mistake, but if you do decide to take luck into consideration then only risk a small amount trading. Too many traders think of exchange as casino and exchanges are NOT casinos they will actually take your money FASTER than a casino.

[Satishmolankar 1703]

Yes never jump into trading depends upon luck because you have study and research about trading its not dependent upon luck its all depends upon markets first use demo account then trade in real account 

[bentayebsalah 2280]

If luck is relied upon in trading, this means a great loss soon, because luck will not stay with you for a long time, and this is why it is necessary to learn the correct foundations in analysis and trading.

[awaiskhan 175]

There is no doubt in what you said for not depending upon on luck because trading needs attention and along with it must have sound knowledge and experience on trading. Beside it the investment should be good then u can earn good profit from it.

[khan22 3478]

On 12/12/2019 at 9:08 PM, CAGEGG said:

It seems to me that learning to trade is quite easy and simple, the most important thing is the desire and want to earn quite a lot of funds.

Learning is the first step in trading because without learning we can not do any work and if we do we are going fail that why first learn the trading and after that start trade in the crypto market. Crypto market analysing is so much easy and best to make the money in it.

[miskyming 1588]

yep, don't rely on luck in trading because more chances of losing money.. If you are newbie just start with $20 just to practice it, analyze the chart and set the target what price you will sell and also set stop loss.

[Sohel Rana 406]

You are 100% right because when i make ang trade depends on luck every time i lost my trade.

Now i understand about crypto market but sometimes i lost some trading because we know crypto marker always risky.        

[Brushless4500KV 4214]

Few people enter trading based on luck! Luck is only used for gambling and dice games because they have no rules. Although trading is unpredictable to some extent but it has some basic rules that following them will lead to your success. There are four techniques that are used to get involved in crypto trading:

 

Luck < Speculation < Prediction < Analysis

 

Of all the above, prediction and analysis is the most widely used techniques for trading and the other two are mostly used by beginners or newbies who doesn't have the ability to predict or analyze the market. If you want to be successful in your trading, only trade based on prediction and analysis.

 

[CryptoLover21 0]

On 12/12/2019 at 6:37 PM, Satya31 said:

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

yes thats right , but recently purchased Vite coin , because it was going to list in binance , but as it list it dumped too hard

[pakjobhelp 1585]

Trading:-

Trading is more hard platform for those peoples who's had no experience and no idea how to trade and how to exchange crypto currency. If you had idea and basic knowledge and you have necessary knowledge about market indicators then you survive easily. Basic Knowledge must be have for trading.

[pakjobhelp 1585]

On 12/21/2019 at 12:15 PM, huyasdad08 said:

Everything here, investment trading requires experience. Luck only happens at gambling, so work hard and listen to everyone

This is reality of life the luck happens in gambling and lucky person chess the every task. In trading the basic experience and basic knowledge about market indicators known compulsory. The trader had all the information they earn more and more.

[vivek jain 308]

Trading is not a gambling thing.that you will bet on any coin and it will make you very rich.trading requires proper project understanding and future of the project before investing in it.first do proper research on it then only invest in any cryptocurrency.

[Pearls Before Swine 815]

I don't really think that 'chart analysis' stuff works all that well, and a lot of traders actually *do* depend on luck, because there's really no way to analyze a coin by its fundamentals.  With most coins there really aren't any fundamentals at all, just charts, but those can't predict the future unless there's an obvious trend that's formed.

 

Right now there aren't any solid trends that I know of, though I admit I'm not much of a trader.  Everything seems to be trading sideways.

[Sahbana 212]

That's right, never enter a trade if you don't have enough knowledge. If we want to be successful in trading, we should first learn the basics of charts in the exchange market so that we can make a profit.

[Slaymind 25]

The most important part of trading is that never do trading without basic knowledge because you may suffer loss in trading

[Agios 1763]

That's right, Trading is a very complex platform, so we can't count on luck like gambling. So we learn from the beginning with a simple way that we gradually move up to the next level, and most importantly while practicing trading of course with small capital, and don't need to be afraid of losses, fix mistakes in trading and keep learning, Good luck.

[Satya31 865]

11 hours ago, CryptoLover21 said:

yes thats right , but recently purchased Vite coin , because it was going to list in binance , but as it list it dumped too hard

Sorry to hear that brother. But as i know when any coin become listed means come into market the maximum time firstly it price face a dump. This is the most common phenomenon. Look and analyse about the other coins they also face dump after releasing. But gradually they recover but all can't do. The Vite is very low ranked coin. Let's see what happens. 

On 12/12/2019 at 9:16 PM, xprince1996 said:

You are right some people think trading is easy like 1 2 3 but they didn't know that it also requires some knowledge to able to predict the right action of the market.

 

Edited December 23, 2019 by Satya31

[Satya31 865]

The main reason people hate this crypto platform for this kind of loss. They do not have the proper knowledge about that. For this reason they put their money and face a huge loss. Then they start to circulate the rumours that crypto is bad thing it is gambling like that. For this reason the peoples are not accepting the crypto properly. 

[mrking049 260]

Yes sometimes the exchange is a lucky opportunities comes at time and if not sometimes is risky . But I don't like investing  and waiting for luck to come myself. I tried to do some research and see which one suits me.