Topic: Greed is bringing loss for traders - page 23. (Read 16080 times)
I agree greediness is bringing you losing money, that's what I want to change my style in trading, just be contented what you earned.
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.
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
To reduce greed, we can only experience many failures and start creating clear investment strategies and plans. More importantly, you must have rules and discipline for yourself when investing. It is imperative that you comply with the rules you have set. When you perform well for 3 weeks, you will definitely no longer be greedy. Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
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.
true what you convey the purpose of investment is to get a profit if there is an opportunity to get profits, of course it will be used as well as possible
It's human nature. It's difficult to avoid greed. Most of them want to get a lot of benefits including me, but as a trader we need to focus on the assets we trade if we don't want to lose the opportunity to sell. I suffered a big loss when the opportunity came and did not immediately throw away.
You are right, greed obscures the mind of novice traders, and causes them to lose their money. Then they say that the exchange is cheating, altcoin is crap and all divorce. They think trading is rapid wealth. Although trading is hard work, patience, knowledge, self-control and its own trading system. I think only losing money a trader learns to control their greed.
It seems to me that greed is not bad. Sometimes this greed stimulates new ideas. As for me sometimes it plays for the good but sometimes it destroys you. Need to be able to properly use greed.
but will you do gamble for your trade? because greed can end in losses and profit. in my opinion it would be much better if the choice was based not on greed but with a clear and precise analysis, the result will much better..
I can not say that it is bad, but I can not say that it is very good. It seems to me that everything depends on what goals you set for yourself. Sometimes you need to be greedy to achieve something. And sometimes not, depending on the situation.
Itself know when all grown up very much in price,it was December 2017,and was at least 2.5-3 million roubles it was necessary to sell,not to be greedy,then we would have earned good amount of money here on your experience and imagine some traders or a few dozen acres of milionowa $ et losses have generally just a huge amount of money!
It seems to me that greed is not bad. Sometimes this greed stimulates new ideas. As for me sometimes it plays for the good but sometimes it destroys you. Need to be able to properly use greed.
Greed is your enemy everywhere, whether be it in cryptocurrency market or elsewhere. Your desire to get more will lead to your loss. For example, if you get 10 percent of profit right after you invest, you want to get your profit increased by double, triple, or by multiple times. And the coin will decrease in price after reaching its certain level, rendering you a loss. So do not be greedy. Be careful and try to content with even small benefit.
Stop trading. Few traders actually profit from trading. And those who can not earn it will look for different reasons to justify their failures.
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.
I am agree, we make investment because we believe on the long term. If we make trade, i am believe we wont greed and expecting earn profits 100% in just one night. In any market, the price always volatile and profits or loss is very usual for investor. Its depend on our investor behaviour and i think we should patience with our investment the portfolio value decrease
I think it has a lot to do with the person's mindset. For a lot of experienced traders, this probably isn't a big deal anymors since they fully understand how the market and trading works. For newbies though, greed is going to teach them a very important lesson. That is if they still want to be in the market.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.
I am agree, we make investment because we believe on the long term. If we make trade, i am believe we wont greed and expecting earn profits 100% in just one night. In any market, the price always volatile and profits or loss is very usual for investor. Its depend on our investor behaviour and i think we should patience with our investment the portfolio value decrease
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
well, a smart traders must have a good psychology level, so, they can't control their emotions in their trading activity
wich mean they will stop when they got an enough profit, a realistic profit,,
if traders still greedy in their trading activity, i think they should learn about psychology first before they trade buddy
"the key is be patient and don't be greedy "
regards
Traders always sell the coins they buy with whatever profits they get because traders will not hold coins for a long time. and in my opinion, what you say is not a trader but a token holder who is very greedy and doesn't have much consideration
Traders can also hold their coins for a long time, we call them long term traders. Investors and traders has no difference if they both hold for long term, because an investor will eventually trade his coin to cash out into fiat.
Greediness is a very powerful tool which is capable of yielding both good and bad results. It turns out to be any of these depending on how an investor controls and utilizes it to his benefits. Out of greediness, investors can increase their profit by enlarging or diversifying their portfolio through the investment in different coins or projects. But too much greediness tends to blind investors such that they fail to recognize when the coin bulls and its ready for withdrawal.
All these points to the fact that investors must know the coins in possession and their capabilities through their personal researches in order to know how long to hold and when to sell to make profit.
All these points to the fact that investors must know the coins in possession and their capabilities through their personal researches in order to know how long to hold and when to sell to make profit.
Traders always sell the coins they buy with whatever profits they get because traders will not hold coins for a long time. and in my opinion, what you say is not a trader but a token holder who is very greedy and doesn't have much consideration
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
This is can happend, if people invest 100$ can be 3000$ if he hold it, But he must to know, first choose great coins, second he must patient, Many people want to make big profits but he not patient. Patience is the key. See bitcoin need about 9 years to reach the high price. If you can patient like that, so you will make it happenWhich 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 ??
I know about people who blame crypto because their fault. C'mon its your fault not crypto. So learn more about crypto before invest
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