Topic: Greed is bringing loss for traders - page 22. (Read 16113 times)
Yes you are right.. Greed is bad in every platform in the life. I used to be too much greedy and made some big mistakes in 2017 and i will never forget about it. I bought LISK coin from $3 and the price reached $32 in couple of months and i was stupidly greedy and never exchange them.. I wanted earn more and more.. Slowly LISK lost its value and i couldn't able to sell them.. Today LISK price is $1.94.. I am not selling them because it reminds me my mistakes and i would never do some kind of mistake again..
Greed is the peple nature, so the only thing we can do with it is always keeping in mind that fixing the positions is one of the most important rules of each successful trader.
sometimes we really have to bet a lot to get big profits but in my opinion that should be done if we really believe in coins or there are good opportunities.so in my opinion everything depends on the conditions, but indeed the best investment is not a little not much because the investment is full of risks.
The latest episode for green can be termed to bchsv hodlers
The token had a significant bull session and instead of investors getting their profits first
They all re invested; now in eager to know the fate of the investors
Crypto currency is really unpredictable
The token had a significant bull session and instead of investors getting their profits first
They all re invested; now in eager to know the fate of the investors
Crypto currency is really unpredictable
It's very important to have good intuition on trading.
Many people fall cause they're too greedy with profit, in the end they lost cause of their greedy mind.
It's better to set estimated profit do you want to get and out when you reach the target.
Never all in your fund to trade, if you're not ready to lost all of them
Set the profit do you want from each time you trade. It's gonna save you from lost.
Many people fall cause they're too greedy with profit, in the end they lost cause of their greedy mind.
It's better to set estimated profit do you want to get and out when you reach the target.
Never all in your fund to trade, if you're not ready to lost all of them
Set the profit do you want from each time you trade. It's gonna save you from lost.
Greed is the peple nature, so the only thing we can do with it is always keeping in mind that fixing the positions is one of the most important rules of each successful trader.
There is no problem for me, greed must be there, but that's where people have to know about the risks that are being faced at the moment, to be honest I'm shocked at this price drop.
Seriously, everyone in this space has a level of greed which we just need to control. The appetite had come from some anxious trade that we found to have been hasty. Sometimes we need to decide on a good profit and move out to get another pursuit. Holding some coin till now would have been a mistake e.g bitboost, wings, sonm etc. whereas holding BNB wont have been greed. Above all we need to get a lot of education on any token we decide to hold and decide a good time for exit when it looks like it hit another ATH
Like I'll always say, reduce greed while taking position and also reduce the greed when taking profits. This is the line and average trader doesn't know how to draw. For now, it is difficult to lower the risk completely, the only way out for now is regulations.
Stop trading. Few traders actually profit from trading. And those who can not earn it will look for different reasons to justify their failures.
It is part of our life, some will earn and some will lose but we will have to think wise and stay patient, trades will have to stay very careful while investing as we know price change is the nature of the crypto but we will have to take it as an advantage and never lose our money for sake of miner profit, let be holder and trade for long term 
What can be done to ease greed amongst investors ??
Your illustration is so simple, explanatory and this is exactly the major factor contributing to many failed trades, most traders are always full of regrets of not taking more than what they should have taken, it is better to build a mansion for 5 years and enjoy it for years, than to rush and build a mansion with few months and see it collapse on us.If we could only see it this way, would our traditional bank have given us up to 1% of the profit we get through our trade no matter how little ? So we better take whatever it is that we can take from our trade no matter how little and compound it, the most important thing is how often we can trade successfully and the turnover.
Why make it easier? These investors can be described as very stupid. I'll be glad if they learn something. But they are our profit)
agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down
You can wait for a high price if you still did not see the price you want to see. Every investor has our price to sell for a better profit, it's not called being greedy but being realistic, but once we failed to sell even
the price is already achieve, then we can simply call the cause of it is greediness.
All humans are greedy in my opinion because you will always have an increase in the economy every month or year so we have to have high targets to see big profits in the future.
agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down
I might wait for a higher price for the most popular coins and I can accept the risk that I'm taking for that particular coin. E.g. Bitcoin, Ethereum, Litecoin. While for those altcoins that has low volume and aren't popular, grabbing profits quickly would be my priority. I have already bear it on my mind that when it comes to those coins like that aren't so popular, it is the best decision to get out of it while you can take the money with you before being trapped. 
We have faith in crypto so most of us dreaming to get profit not is impossible right now. The greed making the fool, lossing their own oppurtunity to get small profit. Dont be to greed to get high profit. Crypto cant give that at the moment so be contented for what profit it can give to us. The market is just paying in a small pump and dump. So hopefully everyone dont just sit and hold. We can still trade in that kind of market
agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down
You can wait for a high price if you still did not see the price you want to see. Every investor has our price to sell for a better profit, it's not called being greedy but being realistic, but once we failed to sell even
the price is already achieve, then we can simply call the cause of it is greediness.
agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down
Greed has always brought great losses , you should always control greed and be able to reasonably look at the market , and know your goals when to sell
I guess greed is more dangerous to the beginners that start working with the day trading. They make wrong choices (fast, to earn more) but after several exchanges, these people realize that they are losers.
Greed, after all, is a very, very serious matter that today seems really not very pleasant, because there are big problems because of greed. You need to understand that this is a very serious sin - greed.
No need to be greedy. It is not only a sin, but it is a vice that will not give you peace for many years. Lost profits and greed are the main enemies of the investor. You need to take risks and invest in young projects (such as Sound Money Coin) and know when to sell coins in time and make a profit.
Greed, after all, is a very, very serious matter that today seems really not very pleasant, because there are big problems because of greed. You need to understand that this is a very serious sin - greed.
I think where there are advantages, people will have the potential to be greedy, and that depends on our intelligence in managing greed in ourselves which leads to loss.
I don't think everyone is greedy when there is a high price increase. because people who have been involved in crypto for a long time certainly don't think to do greed in a better condition.
If we had fixed profits in time, we would have been very rich, but where to get so much money for all. The most important thing is to learn from their mistakes, perhaps in the future I will be able to fix the profit.
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