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Topic: Greed is bringing loss for traders (Read 16080 times)

copper member
Activity: 308
Merit: 1
July 02, 2019, 06:11:13 PM
It is very difficult to curtail greed sometimes during trading, it takes a whole lot of trade discipline to achieve that, the worst of it all is when it is combined with emotions, it amounts to taking certain rash decisions that lead into losses.
member
Activity: 555
Merit: 12
July 02, 2019, 04:06:18 PM
Greed is very bad I must say, a friend had a coin @456% increase but she refused selling and before you know it, the coin dumped to %65. Infact I see greed as a weak point for traders
member
Activity: 630
Merit: 14
July 02, 2019, 03:29:33 PM
I think we all lost money when we were greedy and didn't sell coins at a good price, it disappears with time.
In any case, greed greatly affects the productivity and professionalism of a trader, as well as an investor or a person who works in different spheres of life.  Nevertheless, each of us must understand that the work of a trader is associated with great risk, where Without a large amount of knowledge and experience, it is almost impossible to achieve a good result.  Get a small income, this is not the result, because the activity of a trader can bring quite large incomes.
legendary
Activity: 2982
Merit: 1028
July 02, 2019, 02:36:36 AM
greedy cause traders to even lose. It is better if you are lucky to stop trading and withdraw the profits you earn. do it every time you trade if you profit. I'm sure it will be a steady income and minimize losses.
Yes greediness leada to loss profit because we already hunger for huge profit until such time that opportunity gone to have profit, so stop greediness amd accept wahat it only have for now.
You will lose the opportunities to take the profits when you are greedy to aim for more, it's best to practice well with your knowledge and sets your limits each time you place your calls, positioning and be contented with the results, small profits is still profits than losing your chance to have some and be stuck with your assets when downfall start to move and dumped that following the trends.
full member
Activity: 546
Merit: 100
July 01, 2019, 08:01:19 PM
greedy cause traders to even lose. It is better if you are lucky to stop trading and withdraw the profits you earn. do it every time you trade if you profit. I'm sure it will be a steady income and minimize losses.
Yes greediness leada to loss profit because we already hunger for huge profit until such time that opportunity gone to have profit, so stop greediness amd accept wahat it only have for now.
member
Activity: 728
Merit: 10
July 01, 2019, 07:21:59 PM
greedy cause traders to even lose. It is better if you are lucky to stop trading and withdraw the profits you earn. do it every time you trade if you profit. I'm sure it will be a steady income and minimize losses.
newbie
Activity: 9
Merit: 0
July 01, 2019, 06:56:04 PM
There are so many various options from 1k usd to 5k or even more?
The more you pay the more you earn basically:) payback to price is equal on average due to this principal.
I have found much sellers on ebay but it seems insecure to me. Costs much I do not want to risk. Does this shop give an insurance or guarantee?
I have bought from asicequipment.com few times, they have free ship and deployment as well, I was more than satisfied with service, no problems with equipment as it is completely new and guaranteed for sure
I live in Philadelphia, can they help me with setting everythin up?
You’d better call at their office in NY, I guess they will help you
newbie
Activity: 9
Merit: 0
July 01, 2019, 06:46:51 PM
There are so many various options from 1k usd to 5k or even more?
The more you pay the more you earn basically:) payback to price is equal on average due to this principal.
I have found much sellers on ebay but it seems insecure to me. Costs much I do not want to risk. Does this shop give an insurance or guarantee?
I have bought from asicequipment.com few times, they have free ship and deployment as well, I was more than satisfied with service, no problems with equipment as it is completely new and guaranteed for sure
newbie
Activity: 9
Merit: 0
July 01, 2019, 06:40:38 PM
There are so many various options from 1k usd to 5k or even more?
The more you pay the more you earn basically:) payback to price is equal on average due to this principal.
newbie
Activity: 9
Merit: 0
July 01, 2019, 06:31:16 PM
Hello peers! I am considering mining as a part of passive income so would like to hear your recommendations regarding where and what to buy. Could anybody share some piece of advice?
Hi, I can share some experience of buying mining equipment in US. It’s more complicated than it used to be 4 years ago. 
Yeah, I know all the infrastructure. Problem is: I need to find a right place, right supplier. Could you share some?
Yeah, sure. I am buying tere for a year now on. Asocequipment.com come and check the latest models there
newbie
Activity: 9
Merit: 0
July 01, 2019, 06:23:13 PM
Hello peers! I am considering mining as a part of passive income so would like to hear your recommendations regarding where and what to buy. Could anybody share some piece of advice?
Hi, I can share some experience of buying mining equipment in US. It’s more complicated than it used to be 4 years ago. 
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
July 01, 2019, 05:35:39 PM
Basically there are Manny greedy individuals among cryptocurrency traders and even some investors, who are not concern about the welfare of the market. I have learned from the way I make little gains. As a trader you must pays more attention from saple. I have learned from cryptocurrency and is worth trading with care.
sr. member
Activity: 1092
Merit: 256
July 01, 2019, 05:26:40 PM
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??
I think if you are a trader you must have the principle when the altcoin rises and you only need to want 10% of your capital to sell and don't be tempted to save until the price is too high it won't happen because greed will make you lose
member
Activity: 476
Merit: 10
July 01, 2019, 03:10:25 PM
This is the most and common truth that every person probably knows today. I think that the interest in trading among people will not end anyway. Therefore, And believing that crypto should be in any casual case have real aspects.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
July 01, 2019, 02:15:16 PM
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??
well investing in altcoin is really hard because price is unpredictable. every time you invest you need to look for the potential and set limit or goals in terms in price. you cant blame other people if they become greedy sometime people want to get the best gain from it or think the price is still undervalue.
full member
Activity: 306
Merit: 100
July 01, 2019, 01:43:14 PM
The greed is the most difficult challenge for a trader, Of course, we must be greedy to be able to make a profit, but the difficulty is that we don't know how much is enough.
Дa, инoгдa мы cлишкoм жaдны, чтoбы зa пapy цeнтoв пoтepять oчeнь бoльшyю cyммy дeнeг, нyжнo нeмнoгo пpoщe oтнocитьcя к пpибыли.
sr. member
Activity: 817
Merit: 250
July 01, 2019, 12:32:47 PM
In this situation only work on oneself can help. No one can make a person not be greedy. This quality needs to be brought up in yourself. For this you need to work on a number of other qualities, such as, organization, composure, calm and patience. All these qualities should help make a plan of the deal and then follow it.
for old traders or old investors, of course they have all those skills. for new traders, I'm sure it's difficult, requires advice from other people who are trusted to guide him to be able to trade and invest on his own. crypto trading is not simple, it requires more complicated learning for a beginner.
copper member
Activity: 714
Merit: 5
July 01, 2019, 12:24:38 PM
The greed is the most difficult challenge for a trader, Of course, we must be greedy to be able to make a profit, but the difficulty is that we don't know how much is enough.
hero member
Activity: 798
Merit: 503
July 01, 2019, 12:05:36 PM
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??
In this situation only work on oneself can help. No one can make a person not be greedy. This quality needs to be brought up in yourself. For this you need to work on a number of other qualities, such as, organization, composure, calm and patience. All these qualities should help make a plan of the deal and then follow it.
sr. member
Activity: 1078
Merit: 256
July 01, 2019, 11:54:38 AM
It is very common to the newcomers that dont have experience yet, they always want coins to reach 10X more than they have invested. In fact, it is very difficult to do. the best strategy is: we set an easy goal to achieve wait till the price increase and sell...

Experienced will let those newbies to realized what types of investment to follow according to their emotions, when they've got settled and understand all the potentials and all the factors that affects this market, sooner they will understand and start to use this types of strategy.
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