I wouldn't say just the luck alone can play the role and you do need skills to trade effectively. I am not even saying that you need far better skill set to perform the operations. I mean any average person with techs to know how to do it can do it effectively. You just need to know basic things like, when to buy, how to buy, and how much to buy. These are basic questions which one should know answer to while trading and they can turn out to be lucky one with that. If you re not sure about what you are doing in the trading, then just stick to the holding as it is far safer and needs neither the luck nor the skills.
Today we want to earn income on the market Crypto not only rely on luck, luck does not come to us like a few years ago. Nowadays, altcoin prices are rising abnormally, requiring you to have an in-depth knowledge of the Crypto market. So I hope to earn income on the market Crypto.
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@salauddinrcI agree with you about the luck part. it is mostly effort and your ability to control your nerves that get you anything good with trading. i have been trading regularly but its not my primary source of income. i hope to become a good enough trader to make it my primary source. still a long way to go i guess. one thing i learnt is that in order for you to earn something in this market, someone on the other side would have to lose it. you have to be better than the average. with so much new investors joining regularly it has been easy till now but as the market matures the margins will reduce.
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I prefer trading and the buy only on spot market, not futures or trading with laverage. Cryptocurrencies it self is very high risk market. Why we need laverage and futures. Futures will only make you lose. And laveraging is just like gambling. I am investing in crypto not gambling. No one on earth will win in gambling for long term. If you ever win its only your lucky day.
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agreed - i dont trade in futures or leverage. for gambling you have casinos crypto is not that unless you trade blindly.
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Yaa! it's only for the beginner, maximum people many losses for forex trading ...success for need a experience...Thanks
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