Topic: Greed is bringing loss for traders - page 14. (Read 16096 times)
Greed has cost many traders their money,it will be better if traders can learn not to be greedy.There are times that we need to just settle for little profit.
There are very different people with very different opinions. It seems to me that everything depends on the person. Some greed even helps but some just harms.
Of course greed is always give loss because we cannot control our emotions. But l advice to all investors to make good patience to get good earnings for future.
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Everyone is greedy. But for good people they will know how to make their money more and more. But do not sit still waiting for price increases and laments about the market. So stay calm and find ways to make money. Find out more about the benefits of crypto, not just profitWhich is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Good investors are very patient. They know what will happen and the real potential of the crypto market. That is the difference for bad investors. I don't mean to decry but to succeed, we have to be really patient and learn more about the benefits that crypto offers. Don't just care about the price Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
Always, my friend! Greed is never good, and that's where most of the traders lose their battle. Crypto has always been a volatile market and traders need always to play safe when it comes to day-trading or even long-term investment.
What can be done to ease greed amongst investors ??
I think you do not need to do anything, and they also realize after a few scam projects, the price paid is one tenth calculated, stuck from the top and put down ... I think everyone will meet them, can't escape
I have a saddening story to tell, I bought this project called Elixir at $1 and now it is under a penny. I feel for the hype and I got too greedy. This memory remains in my mind so I will never make a similar mistake again.
Uncertainty is a very bad thing. You never know about the output of your trading by being greed which is way too risky. Having said that, I think that neither greed nor aggressive should be relied on fully.
One should have a good plan, a set pf precise analyses and only then trading could be profitable. This is just for trading crypto which is not very easy. My opinion about greed in other businesses is different. Yes, there is a very little difference between greedy and being ambitious. I will not say no trader should be not greedy but the level of greed must be based on our analysis and must be within achievable range.
One should have a good plan, a set pf precise analyses and only then trading could be profitable. This is just for trading crypto which is not very easy. My opinion about greed in other businesses is different. Yes, there is a very little difference between greedy and being ambitious. I will not say no trader should be not greedy but the level of greed must be based on our analysis and must be within achievable range.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Yes, then get at least 1-2% per day and that is normal. I rarely get more than 50% of a trade deal.
Because I prefer to trade instruments where risks are minimal.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
When you invest, you will be at risk. Investors without knowledge will lose a lot. And they have to accept that. So find out before you enter the market. That is the best way to minimize risks. Successful people often do not complain and focus on work Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
in my opinion, from the current market conditions it is not suitable to be greedy in trading, market is very difficult to guess up and down so fast so gets a profit of 1 - 5 % per day already very good
I agree that greed has a negative effect on traders. But I also consider it very often difficult to determine what the market situation is like and therefore there is a risk of making a mistake.
I think Yes, because couple of times I lost my money Because of greediness.For example, when Eth was 400+ USD and I didn’t sell Because I thought the price is going increase more, so I still hold then.After some days, the price dump heavily and down towards 140$ which was a bug loss for me.
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
True that is sure greediness but doesn't that exist? Imagine someone having 17k$ and making up to 2M$ in a bull run. On the blockchain ANYTHING is possible and some people will like to take that risk no matter what. Sure its good to take profits when there is a small surge but its not bad to think so high to making weird risks like thatWhich 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
naahhhhhh the ppl expect 1000000% profit in a day
.... your finance institute gives you 0,2% per year ? ^^
anything above these value is fine.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
That is not greed, one of the most basic concepts you will learn when you read a few books about trading is to let your winners run and to cut your losses, if you are in a trade and the reason for being in that trade is still there then there is no reason to sell your coins, you need to be willing to let some winners turn to losers to get huge profits in the few trades you get completely right. Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
Very big mistake not only for traders, but also for almost all people working with cryptocurrency, that they cannot fix profit in time and wait for the best price in the market, that kills many people, I have already understood it personally and do not expect the best price, and I will lose $1-2$, but I will fix profit and will be calm
time is very important in investment, we must be able to get the best moment to sell or buy.everyone has to wait for the best time even though it takes a long time but returns again if in investment we must be patient.
Very big mistake not only for traders, but also for almost all people working with cryptocurrency, that they cannot fix profit in time and wait for the best price in the market, that kills many people, I have already understood it personally and do not expect the best price, and I will lose $1-2$, but I will fix profit and will be calm
A huge number of not only traders but also ordinary people constantly fall into such a terrible trap as greed. That greed today really has big problems in order to reduce your deposit. I think that here you need to understand when it can be used and when not.
Jump to: