Never Jump Into Trading Depending On Luck - Page 4 - Trading - CryptoTalk.Org Jump to content
Satya31

Never Jump Into Trading Depending On Luck

Recommended Posts

On 12/12/2019 at 6:22 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. 

Right especially in crypto we should not depend on luck because it is high volatile and you could lost your whole money within few hours.  And you would not get another chance to trade. So get knowledge about the right times to buy and sell coins. Crypto only depends upon demand and find the different events or days which effects the demand in whole world.

Share this post


Link to post
Share on other sites

many people trade and depend on luck, and you can guess what the outcome will be, they fall into stress. besides, some people also trade without any knowledge.
however, even though we can't guess the exact price movement, at least you did an analysis of it. don't just throw away your money by trading without knowledge, and doubt. gather information, and make a move.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 12/12/2019 at 5:52 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. 

That's right, but some users have good knowledge about trading but some of them do emotional trades too. They think about a certain coin and hopes it will pump and after buying it, it dumps and the trader got in loss.


I am sick of LOVE and want your click on ❤️.

Share this post


Link to post
Share on other sites

This is true, if you need to be success in trading then its good to have skills so that you can understand what you are doing. Don't rush, just find articles online through forums like this, google, youtube and from other places. You still have time, JUST DO IT.


Time is the ultimate weapon!

Share this post


Link to post
Share on other sites

When I was a beginner I was very lucky and I got a good profit for those times, I believe that if you are lucky and you have nothing to lose, you need to go up to 100 dollars and higher if you can and stop when you need to.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

Yes you're right trading is always risky,

Trading Need a lot of knowledge, analysis ETC.

After all these steps you are really for trading.

Best of luck.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

I don't believe on luck thing. I believe in hard work and dedication and must have the required knowledge. When you work hard and learn it properly today, definitely it will for you tomorrow. 

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 1/10/2020 at 7:25 PM, tony13 said:

Yeah my freind you are right Those peoples which will just try their luck they are going to loss their all money. Thank you for sharing this info 

 

 

 

The best options on trading is to consult a older trader so that they can give you some tips and you can acquired some experience before you start trading 

Share this post


Link to post
Share on other sites
1 hour ago, Doa ibu said:

You are right, in trading I cannot only rely on luck but with hard work, because in trading in my opinion hard work and luck are very important.

If the market is down and there has been a long bearish run that has caused prices to hit the bottom, maybe you can invest in this situation based on luck because you are dealing with lowest possible rates and the risk is low. But if the prices are sky high or the market is extremely unstable, you can't try your luck and only complicated technical predictions will help you in these conditions. I recommend everyone to forget about luck and direct their trades based on accurate measurements.

Share this post


Link to post
Share on other sites

Trading does not depend on luck only, but there are methods followed by traders within platforms, many of which are reliance on indicators and the market trend, therefore trading does not depend on luck greatly.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 12/12/2019 at 2:52 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. 

My problem with trading is that I do my research, I make a correct strategy then I mess up in the process. I get obsessed with trading and try to enter and quickly exit altcoins that are starting pumping, I get scared by news and by indicators and stop my position with small profits and miss a lot of value this way.

Share this post


Link to post
Share on other sites

transactions are complicated and require a lot, make small transactions with the basic knowledge, and only make big transactions when you are sure and confident of winning, I say no with luck.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

Unfortunately There are still some traders that tonight jump into different trades ton description the date time and strive their luck, if you don't take care about that amount of money you are trading well that is another story despite.


 

Share this post


Link to post
Share on other sites
On 12/18/2019 at 8:55 PM, khan22 said:

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.

they do not know that it also requires some knowledge to be able to predict the correct market action. Learning to trade is quite easy and simple, the most important thing is to want and want to make a lot of money.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 12/18/2019 at 6:55 PM, khan22 said:

hose 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

but almost all of people have been trading on their luck. they have no more proper luck. so some  are the analysts. so be patient here.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

Obviously its depend on luck.but it has some rules and conditions.Sometimes may be Its very simple if you learn and practice and more in this phenomenon.

But sometime its so hard when didn’t your full concept.

Share this post


Link to post
Share on other sites
On 1/6/2020 at 12:40 PM, Adagheref said:

We will use your experience and will not enter the market without prior planning Thankful

I have refused to trade on new currencies which they are almost not analyzed. And once trading has been proven before, I will first analyze the market over the past few days. But many times luck brings you success to make a lot of profits in the market.

Share this post


Link to post
Share on other sites

Trading as well as Gambling does not depend on luck , buddy do not depend all your money to luck better to put some skills , grow yourself and have more knowledge in many things, it will be good for a longer time.

Share this post


Link to post
Share on other sites

This is so true, sometimes luck happen but dont rely too much on it. Because most of the time you will rely on yourself knowledge and decision makings. luck is really often happen in trading.

Share this post


Link to post
Share on other sites
15 hours ago, waalonal said:

Learning is the primary step in trading because without learning we will not do any work and in the event that we do we are going fail that why to begin with learn the exchanging and after that begin exchange within the crypto showcase. Crypto showcase examining is so much simple and best to form the money in it.

This all depends on your strategy on how to know Trading you can learn within short period of time while some can take them months

Share this post


Link to post
Share on other sites

Beware of relying on luck when trading. If you work in the trading market and intend to make serious attempts in this regard, you must really show your seriousness, and start building your own strategy.

Share this post


Link to post
Share on other sites
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. 

The most important thing is trading is to have a knowledge into it. Do not just enter the world of trading without any knowledge about it because there is a higher chance that you will lose a big amount of money.

Share this post


Link to post
Share on other sites

It's not subtle to bound into trade without intelligence or exactly based on luck, but you be supposed to comprehend that it is measured chiefly as having a bet that way, accordingly you be supposed to be sanction with the detail that there's a prospect of down mainly of your money.  
 

Share this post


Link to post
Share on other sites
On 12/12/2019 at 1:52 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. 

I really dont believe in Luck in general and specially in trading and more crypto currency trading LOL .It's about project and analyze that what they make a difference 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Сегодня листинг $RTF!                    3 УСПЕШНЫХ IDO и 20Х спрос на токен говорят о том, что перед нами новый СПОРТИВНЫЙ КРИПТО ГЕМ! ТОРГИ ОТРОЮТСЯ СРАЗУ НА:\ HTX  MEXC  Gate  BingX  BitGet  WhiteBIT  Проект поддерживают WBC, АЛЕКСАНДР УСИК и МАЙК ТАЙСОН!
    • CryptoNews of the Week     - As expected, on April 20, the fourth halving occurred on the bitcoin network at block #840000. The reward for mining a block has been reduced from 6.25 BTC to 3.125 BTC. It's worth reminding that a halving is the event that reduces the reward for mining new blocks in the bitcoin blockchain by half. This event is encoded in the code of the first cryptocurrency and occurs every 210,000 blocks: until the mining of 21 million coins, presumably in 2040, when the cryptocurrency's emission will end. The fourth halving will ensure that about 95% of all bitcoin emission is mined, with approximately 99% of all coins mined by 2033-2036. Following that, the emission will gradually move towards zero. Economist and author of the cult book "The Bitcoin Standard," Saifedean Ammous, congratulated the crypto community on the halving. "For the first time in history, people have a form of money whose supply increases by less than 1% per year. [...] The harder the money, the slower its supply increases, the better it retains value in the future, and allows for planning and securing the future," he wrote.   - In the days following the halving, there was no increase in volatility. The price of bitcoin slowly and lazily moved upwards, reaching $66,000 at the time of writing this review. It seems that market participants are frozen in anticipation of who will start buying or selling the main cryptocurrency en masse. However, the founder of venture company Pomp Investments, Anthony Pompliano, believes that within 12-18 months, the coin is likely to first undergo a correction and then rise to $100,000 with chances of reaching $150,000-200,000. "At the moment, the probability of a decrease is quite small. [...] I see no reasons for the rate to drop below $50,000. I think we have already crossed this Rubicon," the entrepreneur believes. Pompliano recommended buying gold to those looking for capital protection from the fall and the first cryptocurrency to those aiming to increase their purchasing power. "After the previous halving, the first cryptocurrency appreciated eightfold despite volatility. Name any other asset that has shown such high returns over a four-year cycle," he stated, revealing that he invested about half of his personal funds in the first cryptocurrency.   - Analysts at QCP Capital believe that bitcoin optimists will need to wait at least two months before assessing the impact of the recent fourth halving. "The spot price has only grown exponentially 50-100 days after each of the previous three halvings. If this pattern repeats, bitcoin bulls still have weeks to build a larger long position," their report states.   - According to Bitfinex experts, the post-halving supply restriction will stabilize the price of the first cryptocurrency and may contribute to its growth. "The decrease in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, sharply contrasts with the average daily net inflow of $150 million into spot ETFs. This underscores a significant demand and supply imbalance which may contribute to further price growth," the Bitfinex report indicates.   - A sharp increase in transaction fees on the day of the halving gave Euro Pacific Capital president and "gold bug" Peter Schiff another reason to declare the failure of the first cryptocurrency. On April 20, amid the reduction of the block reward, the average size of fees in the network jumped to a record $128.45. Experts largely linked this to the hype associated with the event around the launch of the Runes protocol. "The cost of completing a transaction now stands at $128, and its processing takes half an hour. This is another reason why bitcoin cannot function as a digital currency. The costs of using it in this capacity are disproportionately high. This is a failure," Schiff declared. (And he was wrong. Shortly thereafter, the rate dropped nearly 73% to $34.86.) In the comments, users asked the well-known gold advocate how much it would cost to safely deliver a pound of precious metal around the world. An estimate ranging from $800,000 to $2.3 million depending on the method and speed was voiced. "Remind me, how much does it cost to transport a gold bar to the other end of the world in half an hour?" Jameson Lopp, co-founder of Casa, sarcastically remarked about speed. Schiff responded that it didn't matter since people no longer use precious metal as currency.   - Speaking at a pre-election rally in Michigan, Robert Kennedy Jr. announced to the attendees that if he is elected President of the USA, every American will have the opportunity to review any budget item. "I will move the entire US budget to the blockchain, and we will have 300 million observers over it. If someone spends $16,000 on a toilet seat, everyone will find out!" he declared. The presidential candidate believes that taxpayers have the right to know exactly what their money is being spent on. According to the politician, blockchain and cryptocurrencies should help the USA remain a leader in innovation and maintain the financial freedom of its citizens. Robert Kennedy Jr. had previously supported bitcoin, stating that the first cryptocurrency takes financial control away from the government and the monopolistic banking system.   - The crypto exchange CoinEx has put up for sale the first satoshi mined after the halving. Buyers can place bids in bitcoins on the auction page. A satoshi is one-hundred-millionth of a bitcoin (0.00000001), and the organisers of the auction hoped that collectors would pay several tens of millions of dollars for this "epic" coin. However, at the time of publication, the highest bid is only 2.5 BTC, which is about $165,000, although this price exceeds the value of one ordinary satoshi by 250 million times. The auction will end on April 26. The exchange will notify participants of the results via a message on the website and by email.   - Fidelity Digital Assets, a leading issuer of one of the spot BTC-ETFs, has revised its mid-term forecast for bitcoin from positive to neutral. The reason for the departure from optimistic views is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term bitcoin hodlers. A large percentage of profitable addresses is currently noted in the report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data also indicate that small investors continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses holding at least $1,000 in BTC has increased by 20% and reached a new all-time high. "This trend may indicate the growing proliferation of bitcoin and its acceptance among 'average' users," Fidelity notes.   - Investments in bitcoin by "new" whales have almost doubled the indicator of "old" major players. These assessments were shared by the CEO of CryptoQuant, Ki Young Ju. The expert attributed to the "whale" addresses not associated with CEX and miners with a balance of over 1000 BTC. The "new" category includes owners of coins "aged" less than 155 days; "old" exceed this term. Specialists at CryptoQuant examined the dynamics of the 7DMA ratio of the SOPR indicator applied to these categories of investors and made conclusions similar to those of their colleagues from Fidelity. The elevated metric value showed high profitability of "old" hodlers compared to "newcomers," which could lead to the formation of price peaks. Analysis of the current situation also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility. Recall that earlier, specialists from JPMorgan noted that digital gold is in an overbought state. And CMCC Crest co-founder Willy Woo warned that if bitcoin falls below $59,000, the market risks entering a bear phase.   - Representatives of the initiative group of cryptocurrency supporters want to convince the Swiss Bank board to add bitcoins to the CB's reserves. The meeting on this issue will take place on April 26, where the concept of supporters of digital gold will be presented. In their opinion, such a step will strengthen the independence and neutrality of the state. Including BTC in its reserves, Switzerland would show the world that it has an independent financial policy from the European Central Bank. Recall that back in 2022, the initiative group recommended the country's central bank to buy bitcoins for 1 billion Swiss francs (about $1.1 billion) instead of German government bonds, but the regulator ignored this proposal. However, now everything may change. Recently, Switzerland has been providing the most favourable conditions for the development of the cryptocurrency industry, which is why the government of El Salvador even opened its office in the country to jointly develop initiatives related to bitcoin.   - Christian Langlois, also known as Bitcoin Sign Guy, made headlines in 2017 when he displayed a notebook page with the message "Buy Bitcoin" behind Federal Reserve Chair Janet Yellen. At that moment, the FRB Chair was testifying about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry. For his act, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was broadcast on television, enthusiasts sent seven BTC to his crypto wallet to thank the young man for his bold move. Four years ago, Christian sold 21 copies of the notable sheet at an average price of 0.8 BTC each, thus earning an additional 16.8 BTC. As a result, his total earnings reached 23.8 BTC, which is more than $15 million at the current rate. And just a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage," and he decided to sell it at an auction. The winner's name will be announced late in the evening on April 24 at the New York snack bar Pubkey, and the young man plans to direct the proceeds to finance his startup, Tirrel Corp. At the time of writing the review, the sheet is offered for $140,000, but the auction is not yet over. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • I sell accounts of hero and legend on the forum bitcointalk.org Those who are in the topic will understand, accounts are golden, for the creation of cryptoprojects is the best, the status of aka - the highest trust whales. https://t.me/Bitcointalqi
    • Когда понадобится форум бирже, тогда вдохнут в него жизнь, сейчас же картина печальная, сообщения только от обменников. Всё таки что бы кто не говорил, а монетизация самый главный повод для людей  проявлять активность.
    • Уважаемые форумчане! Будем очень благодарны Вам за отзывы о нашем сервисе здесь https://www.mywot.com/scorecard/btchange.ru. Желаем выгодных обменов для Вас!   Контакты: Сайт: https://btchange.ru/ Telegram: https://t.me/btchangeru E-Mail: info@btchange.ru
    • Приветствуем всех! Комиссия снижена на направление Ripple XRP на Авангард RUB. Готовы сделать обмен для Вас на самых выгодных условиях.   Контакты: почта: info@moneybit.pro телеграмм: @moneybitpro
    • Приветствуем! Установили для Вас низкую комиссию на направление "Ethereum Classic ETC на Perfect Money USD". Гарантируем безопасность обменов и скорость.   Контакты обменника:Почта: info@sellver.com
    • Приветствуем! Предлагаем Вам ознакомиться с тарифами нашего обменника криптовалют. Гарантируем высокую скорость обмена и компетентную поддержку.   Контакты для связи: email: info@e-crypto.space
    • Наш сервис обмена валюты приглашает вас воспользоваться своими услугами и получить максимальную выгоду! Мы гарантируем качественный сервис, оперативную поддержку и легкий интерфейс для вашего комфорта. Убедитесь в высоком уровне обслуживания уже сегодня!
    • Bitget Research: Количество криптотрейдеров в ОАЭ растет на 166% ежедневно   К концу 2024 года количество трейдеров из Объединенных Арабских Эмиратов, ежедневно совершающих транзакции на мировых криптовалютных площадках, может превысить 700 000 человек. Об этом Bits.media сообщили аналитики Bitget Research.   Основными факторами, влияющими на рост количества участников местного рынка цифровых активов, стали усилия властей ОАЭ по созданию благоприятной атмосферы крипторегулирования, а также инвестиционная привлекательность криптовалютного индустрии, верят в Bitget Research.   В ОАЭ отмечается самая высокая статистика интереса к криптовалютам. 29% криптоинвесторов, опрошенных в ходе исследования Bitget, считают, что цифровые активы предлагают более удобный способ хранения. Еще 34% являются криптовалютными трейдерами, а 22% используют токены для ежедневных платежей. Инвестиционные предпочтения граждан ОАЭ склоняются в пользу вложения денег в биткоины и эфир. С начала 2024 года число ежедневных криптотрейдеров достигает в среднем 500 000 человек, что на 166% больше, чем год назад.
×
×
  • Create New...