Yes, that's what traps most traders as they will be aiming to make X10 without being contented with the profit they have made. Crypto trading comes with due and appropriate knowledge of which greed is not among. A true trader exit the market with profit no matter how small while looking for another to enter.
but so many traders are lack of knowledge about that and they only care about it will go up to xx and that's a contradiction for any traders. Whatever how much we have gained and we must take it out from the market and volatility. people are being a convenience to hold for the long term while it's not the best choice that they can take it. 
Topic: Greed is bringing loss for traders - page 24. (Read 16080 times)
I think that many crypto investors lacking discipline and knowledge. Perhaps this leads to the fact that many traders have greed.
I am a person who often experiences this, it is difficult to control emotions and greed has caused me to lose control in trading.
you should multiply exercise and focus on profit. even though it's small.
you should multiply exercise and focus on profit. even though it's small.
Of course greed is a very bad character, and according to my religion it is explained that greed will cause destruction, both in the world and in the hereafter. Therefore when we do trade we must avoid greed.
I think this is very natural and they are not greedy. It's just that they have a larger amount of funds. But if we see that we actually benefit greatly from the presence of large investors. They are able to pump up the price of coins because they buy coins in large quantities. So that we can feel a high price increase too and if we have a coin we can sell it directly.
Yes, that's what traps most traders as they will be aiming to make X10 without being contented with the profit they have made. Crypto trading comes with due and appropriate knowledge of which greed is not among. A true trader exit the market with profit no matter how small while looking for another to enter.
its a normal for human nature, when some traders tasting a big of profit, the feel of want more will coming, thats it the greed, 1 day he feel happy of profit, the next day he will sad because want more profit but honestly getting loss.
Isn't that the ultimate goal and the main investment in crypto currencies, but with conditions and situations that, like today, investors must be smart in utilizing every opportunity that will be obtained in investing with the crypto currency Greed cannot be totally eradicated from crypto traders no matter how much experiences the individual have gathered in the ecosystem. But the ability to minimise it to a certain meaningful level is the best.
Greed is harmful when not used at the right time. For example, when prices go down, collecting from the lower price does not cause any loss, but rather profit. The expectation for more earnings is also greed that leads to a loss. 
Yes, I think the mindset the trader have already before entering a trade matters. Most will first decide in the profit they want forgetting this is space is volatile. It good to take the little profit than lossing all in the name of going for a particular sell order.
Greed has cost a lot of us. Many of us would have done things differently if given the opportunity again. Many times you could have taken 5% or 10% profit but instead choose to hold and in the process get rekt.
It is not only in trade that this happens, it happens generally even in investment, some set target for their investment, and when they see the target, they push it further, still believing it can get them double again.It played also in my investment recently, BTC spiked from about $5085 I think to about almost $5400, I saw the little profit but failed to take it, waiting to see a bigger increase, by the time I woke up, the value had gone down back to where I bought it, if I had taken the little profit, I would have bought again by now and would have increased my holding, now that opportunity has gone and even if I have another again, it has already minus 1.
Greed cannot be totally eradicated from crypto traders no matter how much experiences the individual have gathered in the ecosystem. But the ability to minimise it to a certain meaningful level is the best.
Greed has always brought great losses , you should always control greed and be able to reasonably look at the market , and know your goals when to sell
It's not bad either to hope for much bigger profit but too much greed can lose all your investment. If you are not a long time holder then a 5-10% gain will be a good move to exit especially when market is bearish.
Not really, i trade shitcoin always try to gain a lot profit more than 100%. For in this case only on a major coin who already have a thousand percentage since his started price.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
I think that, unfortunately, many amateur traders still keep in mind the idea that in the crypto market it is common to obtain 1000% profits in a matter of days. And although this may have been true at a certain point in the recent past, this is increasingly distant from the new reality, so at this time a veteran trader should not at all disregard more "realistic" returns, so even getting a monthly return of 20% should not be despised by anyone.
I think eliminating greed is impossible because each of us has something like that and that is human nature, and I think the most important thing is that we have to be good at making decisions when to buy and sell at the right time.
I know this is hard but it is important too, in trading you will have to remain patient, you will have to wait for right time,, in trading when you buy low then hold with patience, never panic, bitcoin rises high in price but as we can see the history we will have to wait so that our money will remain save, with the passage of time we will gain profit.
Greediness is not appropriate especially when you are trading. Being greedy could leave you into destruction. I actually getting myself uninvolve in some hype that is actually happening in crypto. For example, there would be a fork on a coin, I will not buy that coin even though I got double.
A trader brings a loss of stupidity. Well, of course greed. And there is nothing to go all the way with the growth of the coin. Yes, and in such a market can work only calm traders.
You find out very important point of investor. Its a 100% right that investor are always want to earn huge amount profit. But when they dose meet the success they blame altcoin.
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
Disciplined traders hardly go home with a loss. One thing I learnt from my mentor is that instead of gunning for a 100percent profit which will likely not be possible because of the current market dispensation, you are better off with 10 percent profit in 10 trades
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