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Topic: Greed is bringing loss for traders - page 15. (Read 16096 times)

member
Activity: 518
Merit: 10
April 20, 2019, 01:02:20 PM
in any field, greed is indeed a dangerous thing, especially in trade, they should be satisfied with a small profit rather than losing more capital they have.
Many people when buying expect large growth and hold to the last , I think you need to set goals and when we go to sell the coins
full member
Activity: 602
Merit: 111
April 20, 2019, 01:00:08 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 ??
yes definitely greed will playing an important thing for everyone to get losses with their work because it will always common for everyone but one who can control BC emotions and his need to get the profit only he can make the success other ways it will be little difficult.
full member
Activity: 700
Merit: 101
April 20, 2019, 12:59:00 PM
in any field, greed is indeed a dangerous thing, especially in trade, they should be satisfied with a small profit rather than losing more capital they have.
full member
Activity: 602
Merit: 100
April 20, 2019, 12:56:31 PM
Not the word,especially if you remember dkabr 2017,the majority of traders and investors lost a lot of money because of greed,as many portfolios 2-3-10 times increased,but many thought that the growth will still be and will be kept,and eventually suffered losses strong,so of course light and sober head need
member
Activity: 798
Merit: 38
April 20, 2019, 12:50:21 PM
The wants of man are insatiable. It is just in our nature for desire more. I will not blame traders who are seeking to have more profit, but if you look at it critically well, you will discover that most traders sell at not too much profit, most of them do not go beyond 50% and at most 100%.
They just continue the cycle p, because they buy and sell for short term.
hero member
Activity: 1078
Merit: 507
April 20, 2019, 12:26:03 PM
Any emotion whatsover is against trading.

Gredd makes trading much like gambling. You consider it as way to earn quick money. But in that chase you end up earning loss. People don't follow TA and FA and trade according to other's suggestions. There are thousands of telegram channels suggesting coins for trading. What all they are doing is dumping it over their followers.
member
Activity: 532
Merit: 17
April 20, 2019, 12:16:19 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 ??

Yes i know, as a trader, we cannot take action like a holder. Therefore, if there is profit already, we must take and leave it.
Greed is not a part of the trader's nature, but greed is a part of investor of holder. When many peoples sell some good coin, as a holder we must greedy to buy and accumulate the coin and hold it for long to gain profit.
jr. member
Activity: 658
Merit: 5
April 20, 2019, 12:09:18 PM
There are plenty of mistakes that we cannot avoid in investing our money but we should not commit this mistakes again and again.
Dreaming high upon investing a little amount of money is only normal but we should always limit ourselves, as it will kill us someday.

This is what most of us call greed, being greedy is a bad habit that we need to minimize especially if we want to long last in every investment that we like to enter.


Instead of relying that the mistakes cannot be avoided; why not work on informations that would once and for all limit the mistakes ?

It is attainable and can reduce fractions of losses too
member
Activity: 1344
Merit: 10
April 20, 2019, 09:32:04 AM
Losses are all those who are involved in cryptocurrency. And traders and holders! Perhaps especially holders.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
April 20, 2019, 08:51:24 AM
There are plenty of mistakes that we cannot avoid in investing our money but we should not commit this mistakes again and again.
Dreaming high upon investing a little amount of money is only normal but we should always limit ourselves, as it will kill us someday.

This is what most of us call greed, being greedy is a bad habit that we need to minimize especially if we want to long last in every investment that we like to enter.
full member
Activity: 896
Merit: 100
April 20, 2019, 08:30:30 AM
Well from the above statement i do perceive that to be that attitude of a non startegic person who can not understnad how the market functions and the very possibilities of lossing in  a twinkle of an eye. Basic knowledege on trading is required in achieving this thanks
basic knowledge for trading may all already be known, where the trade carried out must get a profit. but for the crypto market, everything is different, we have to think and learn more deeply about the crypto market. First, we will understand this market working system to make it easier to make a profit.
legendary
Activity: 1904
Merit: 1000
April 20, 2019, 08:26:50 AM
in my opinion. the best way is to set a realistic expectation. for example, when the coin reaches 5X. I should sell it. If u expect an unrealistic 100X, u may not get anything, at the end.

Yes, putting a realistic target would be better than letting it flow all the time because we wait for a big multiplier. We can then make another buy order after taking advantage of our previous trading session. Without a plan / target, we may be greedy and want to get a profit that might never be achieved or if it could be achieved, it will take a very long time.
full member
Activity: 1442
Merit: 106
April 20, 2019, 08:26:02 AM
Well from the above statement i do perceive that to be that attitude of a non startegic person who can not understnad how the market functions and the very possibilities of lossing in  a twinkle of an eye. Basic knowledege on trading is required in achieving this thanks
jr. member
Activity: 378
Merit: 4
April 20, 2019, 07:58:35 AM
in my opinion. the best way is to set a realistic expectation. for example, when the coin reaches 5X. I should sell it. If u expect an unrealistic 100X, u may not get anything, at the end.
legendary
Activity: 2688
Merit: 1192
April 20, 2019, 07:37:31 AM
Greed has driven losses since the beginning of time. It is how casinos have grown so big and why wall street traders are some of the highest earning professionals around. The winners are the people who are best at calculating and minimizing risk.
legendary
Activity: 1960
Merit: 2124
April 20, 2019, 07:23:19 AM
Well, greed is human nature as the feeling of wanting more from what one is having is common among all but this problem usually takes the traders and investors to the loss. But we all are humans and often make a mistake but the most essential is to learn from our mistakes. As only this way one would be able to succeed in the market...
member
Activity: 280
Merit: 10
April 20, 2019, 05:10:59 AM
I don't think anything can be done in regards to greed. Each and everyone of us has that in us one way or the other. The only remedy to greed is self discipline. If one can set his priorities and targets and stick to it, greed won't have a hold as to the business.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
April 20, 2019, 05:02:34 AM
This is common among all humans the feeling of wanting more. It all boils down to decsiplene.  A decsiplened trader will set a target and maintain that target even if the price is shooting up after the target has been met. With this strategy one can minimize unnecessary loss
member
Activity: 602
Merit: 10
April 20, 2019, 04:55:40 AM
No, no one could bring you to loss except YOURSELF. Just be careful for each trade, only trade if you know the risk and only trade if you know when its going to pump nor dump.
copper member
Activity: 995
Merit: 1
April 20, 2019, 04:50:14 AM
Greed is one factor that has cost many their portfolio, i think it is high time for investors to learn how to cash out even at the least profit.
Experienced investors and traders who adhere to a strict strategy of risk management and money management- have no problems with greed.
The syndrome of lost profits and greed are peculiar to beginners who do not have a clear strategy and do not know what to do when the situation gets out of control.

Yes, and experienced investors do not know. The biggest problem in cryptocurrency is the sense of loss of profits. How many people regret today that they did not invest in cryptocurrency 10 years ago? Any investor or trader is elephant to experience such emotions.
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