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Topic: Greed is bringing loss for traders - page 12. (Read 16113 times)

hero member
Activity: 1498
Merit: 537
April 25, 2019, 04:08:58 AM
greed is the natural enemy of a merchant. someone's dissatisfaction with something makes it detrimental to himself. we know that greed can make us think unstable, and be bolder without thinking about risks. and the medicine from this is thankful for what you have produced.
It's not just a trader. but everyone always has that trait. where they feel dissatisfied and also always want to get more. control it if indeed we have big emotions that are very difficult so it really must be careful with that. immediately sell when it hits the target
jr. member
Activity: 393
Merit: 1
Coinsbit exchange
April 25, 2019, 03:45:57 AM
emotions management is one of the vital training in trading whether crypto or forex trading.  Many traders finds it difficult to manage it's emotions when trading thus allowing greed to take over them and incurring looses
Agree that it is difficult to control your emotions when you suddenly earn or lose big money. In Trading, everything happens very quickly.
jr. member
Activity: 448
Merit: 2
April 25, 2019, 03:38:09 AM
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 ??
emotions management is one of the vital training in trading whether crypto or forex trading.  Many traders finds it difficult to manage it's emotions when trading thus allowing greed to take over them and incurring looses
hero member
Activity: 1204
Merit: 500
April 25, 2019, 03:34:19 AM
greed is the natural enemy of a merchant. someone's dissatisfaction with something makes it detrimental to himself. we know that greed can make us think unstable, and be bolder without thinking about risks. and the medicine from this is thankful for what you have produced.
hero member
Activity: 1078
Merit: 501
April 25, 2019, 03:19:21 AM
Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.
you are right, greed wants to get more actually makes us actually weaker and can lose our money. I often experience that, and now I will be more grateful for what I get.
Being greedy is really not a good attitude we can have when it comes to gambling. It will eat our mind and will control our decisions because of being greedy will make us addicted as well because we want to win a game. As long as we can't win a game we will still continue and realize a big lose.
member
Activity: 644
Merit: 10
COVIR.IO
April 25, 2019, 02:41:03 AM
Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.
that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.
Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.

Agree, most greed trader not set their profits and think the price always rising. Like others investment, the price always volatile and i think its wise if we set the target for profits to keep our portfolio value increase.
sr. member
Activity: 812
Merit: 287
April 25, 2019, 01:52:37 AM
it’s ridiculous, it’s not realistic to change human nature, if a person is subject to greed, he will always remain like that) some traders simply don’t have enough experience or these are very romantic people flying in the clouds and dreaming to get rich for one deal) but as they say on “mistakes are learned”, however, not everyone draws conclusions from their failures and with manic persistence attacking the same rake ... I agree with you that many transactions are better with a small profit than a long hold with an incomprehensible prospect
member
Activity: 386
Merit: 10
April 24, 2019, 10:51:07 PM
Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.
you are right, greed wants to get more actually makes us actually weaker and can lose our money. I often experience that, and now I will be more grateful for what I get.
hero member
Activity: 1302
Merit: 540
April 24, 2019, 10:47:12 PM
Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.
that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.
Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
April 24, 2019, 10:34:14 PM
Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.
that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
April 24, 2019, 10:27:33 PM
Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.
that's right, i also always set my target.
my experience of greed was too much and it didn't get me anything. that's why at this time i always set my target and waited patiently to get it.

but 30% is too big, i always target 10-15%. the current market is too bad to reach a 30% increase.
member
Activity: 189
Merit: 10
April 24, 2019, 10:14:34 PM
I think they are not getting mistake on holding their investment even if they continue accumulating more and more crypto to their porfolio. What they are doing is really supporting the market to make it stable through hodling. And if the volume of newbies will increase further soon, they are as important as whales to consider.
everything is important, both beginners with their small money or experts with their big money. they still have an important role in the crypto market and project investment. as well as traders, who develop their trade every day.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
April 24, 2019, 10:04:03 PM
this is not exactly "greed" it is called newbishness.

because when you are a newbie you obviously don't know what is going on. so instead of using your experience (which doesn't exist for newbies) they have to rely on their emotions and the advertisement they read from other pumpers that are fooling them. as a result they end up thinking they can make more money and continue bag holding instead of cashing out.

I think they are not getting mistake on holding their investment even if they continue accumulating more and more crypto to their porfolio. What they are doing is really supporting the market to make it stable through hodling. And if the volume of newbies will increase further soon, they are as important as whales to consider.
full member
Activity: 317
Merit: 141
April 24, 2019, 09:21:19 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 ??
Should the traders has trading plan before doing trading alternatives on the market, for example entry and exit markets is one of many trading plan. If the traders has made entry and exit the market they will not missed the chance to getting profit, unfortunatelly there are many traders whom does not make trading plan (especially the newbies) then they blame the alternatives coins and trading alternatives coins activity than learn more about trading alternatives coins.
full member
Activity: 574
Merit: 100
April 24, 2019, 09:11:06 PM
Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.
copper member
Activity: 358
Merit: 2
April 24, 2019, 09:04:21 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 ??

at the point, don't be greedy. we must can control our emotion, we must can manage our situation in trading. many people lose money because their greedy
copper member
Activity: 96
Merit: 0
April 24, 2019, 09:02:50 PM
Greed should be something we must avoid in trading because they do not tally together, it may only lead to an excruciating lose Of the traders assets and could subject the trader to emotional trauma.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
April 24, 2019, 07:12:33 PM
Trading cryptocurrency forex or any other type of digital currencies is never about how smart you are or how good you are, but the chances that you make money or not is often down to how emotionally disciplined you are.
It is possible for a trader to make a lot of money but lose it all because of greed, so greed is the first thing Traders should put in check.
It is not an IQ or chess game to compare intelligence. Trading is about making money and it is the art of increasing the balance with various tools. Greedy people will force their chance with accepting wrong decisions base don their emotions.
member
Activity: 854
Merit: 21
April 24, 2019, 06:54:47 PM
Trading cryptocurrency forex or any other type of digital currencies is never about how smart you are or how good you are, but the chances that you make money or not is often down to how emotionally disciplined you are.
It is possible for a trader to make a lot of money but lose it all because of greed, so greed is the first thing Traders should put in check.
member
Activity: 518
Merit: 11
April 24, 2019, 06:17:53 PM
The crypto market is very potential and is an opportunity to get rich very quickly for investors but the risk is divided equally for them. Who knows to stop at the right time will avoid losses and bankruptcy.
the chance to get rich through Cryptocurrency but it's not easy to get big profits.
if you run it smoothly, maybe you can get a lot of money, but in the Crypto world there is a big risk that there are many twists and turns to face.
people who can get rich quickly can use their time well and when the market starts to grow, but only lucky people get a lot of profits quickly.

greed can fall into losses because the market can change at any time so that it can be used when the market improves.
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