Topic: Greed is bringing loss for traders - page 10. (Read 16113 times)
Oh, if we were all perfect, we would be rich without exception! Of course, each person has different qualities, someone less greedy and more patient, another greedy and reckless, you need to learn how to find a balance and be more resistant to market situations!
I agree. Investors need to take away the greed and think a good strategy aside from holding. If you think that you are earning good and higher to the net price that you avail I think it is good to sell your coin and don't wait for the highest value that you want. If you want to earn more perform more trading activity and don't hold to much because it is too risky.
I am not a proponent to trade every day so tiring. Sit on your computer or phone every day. It is better to invest in long-term and set realistic goals.
It all depends on the person that he likes better and in his opinion will bring more income, and much depends on the skills, someone can better find promising coins and invest in them, and someone can trade in the short term In this market, everything is lost and not only traders but also holders even more.
everything is correct, the market is waiting for such moods to prevail. That's when he will go to further growth.
Traders with such strategy will always lose, Traders just need have their own strategy and stick to it, trading is different from holding for a long term purpose, getting little profits regularly is what a trader should be worried about, not hoping to buy the universe someday.
In this market, everything is lost and not only traders but also holders even more.
If greed is left unmanaged and remains a formidable part of a trader's psyche, periods of sustained success can lead to a feeling of trade-related euphoria, as feelings of overconfidence can lead to aggressive risk taking and hyper-aggressive trade selection. The influence that greed and euphoria have upon a trader's psyche can be substantial and harmful to a healthy trading mindset. The task of managing these issues must be honestly addressed in order to overcome the challenges they pose to profitability.
This news is as old as the world, so there is nothing to add except what has already been said many times. Greed destroys even the most experienced people, such people as a rule never admit that they succumbed to the bite of greed. Unfortunately it is.
Greed is evil
There is nothing evil in crypto currency; it’s called principles
At about few weeks back and also last year, dgtx was good value
But what’s happening today?? It is 80% negative and dumps
So it’s all your choice when it comes to greed, but it is not evil
One exciting thing is to watch your money grow, it will never come into your mind to withdraw. Sometimes you could watch your monies grow for over !00% and still you will see people holding.. lolx.. they just want break the system such that they never lack financially.
Nothing can be done. Greed is personal to every human being. We all have greed. But it is manifested on different levels. I think experience teaches people to learn how to control themselves when trading. The best traders are those that lose and learn from their experience
because if we want big profits we really have to have strong desires and it's not bad if it makes us greedy as long as it's normal, I don't think that's a problem.the most important thing is that we invest through observation so that even if we are greedy it is not a stupid decision.
Nothing can be done. Greed is personal to every human being. We all have greed. But it is manifested on different levels. I think experience teaches people to learn how to control themselves when trading. The best traders are those that lose and learn from their experience
Until the trader himself understands that he should not be very greedy in the market, he will lose a lot because it is too late to sell his coins, personally I think you should never regret in the cryptocurrency about what he did
Greed is evil, but sometimes it's a good thing. Greed has made me lose close to 60% of my capital, and it was also made me some good fortunes. Greed is good, one only needs to know when to be greedy and when to be contempted.
No not at all, probably you are stating those low patience wanna be traders. Look a real trader does not make losses instead make some gains. This why they called traders because this is where they are good at. Though we know that trading is not easy but still one can make more money out of it.
Trading just requires good market price prediction and patience also especially in this times where bitcoin has high volatility.
Trading just requires good market price prediction and patience also especially in this times where bitcoin has high volatility.
Greed is evil, it's the reason why many projects are out for just business as usual, and without making extra efforts to develop their products and stuffs. What I think is greed can not be totally eradicated but it can be curtailed to a large extent so long as SEC and other concerned bodies start taking proactive measures against culprits
losses due to greed are common because they want to get more profit and in conducting our trade we are required to continue to monitor the price movements of coins that we trade so as not to miss the opportunity to throw away.
If people do not have control on themself then they may incur huge losses as trading requires a discipline and you should set the goals and once you achieved it you should buy/sell accordingly rather than waiting for too long to price rise or fall .
losses due to greed are common because they want to get more profit and in conducting our trade we are required to continue to monitor the price movements of coins that we trade so as not to miss the opportunity to throw away.
If people do not have control on themself then they may incur huge losses as trading requires a discipline and you should set the goals and once you achieved it you should buy/sell accordingly rather than waiting for too long to price rise or fall .
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
You are right. If you want to be a successful trader, you have to have the practical skills and more importantly, you have to be disciplined. I learnt this from my mentor and it has been helpful ever since
Less greediness, more patience, and sometimes more luckiness (that is out of your ability to control, not the same you can do as with previous two), will help investors get profitable investment. In contrast, more greediness, less patience, out of luck will lead to terrible losses for investors.
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