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Topic: Greed is bringing loss for traders - page 25. (Read 16113 times)

sr. member
Activity: 2506
Merit: 368
April 13, 2019, 01:40:06 PM
My take on a shit coin is that it is useless in the long run and doesn't give you a good ROI in the long run since most of these were dumped always by these investors/development team. Greed is somehow controllable if a person always focuses on what is on his mind, but most of these traders don't think it that way. Instead, their focus will change along the course when they finally see the bull market.
member
Activity: 509
Merit: 10
April 13, 2019, 01:35:59 PM
I do not agree that greed causes damage. Usually it is greed that motivates people to take actions that make money. It does not matter whether it is legal or not.
jr. member
Activity: 552
Merit: 1
April 13, 2019, 01:33:23 PM
The truth here has to do with our general mindset has regards how to trade and how to make profit and not to loose our investments. Many traders believe crypto to be the next ponzi scheme and they expect outrageous returns and thats why they go bankrupt
full member
Activity: 784
Merit: 100
April 13, 2019, 01:14:46 PM
Many investors lack patience. To become a successful investor you need to have a strategy and have a lot of patience, so that in a critical situation, when emotions interfere with thinking soberly, just follow the plan. Following these simple truths you will only increase your investment.
member
Activity: 509
Merit: 10
April 13, 2019, 01:11:42 PM
Greed comes when you get easy money and when there is a lot of money. Traders have money but because of greed can not stop.
member
Activity: 405
Merit: 11
April 13, 2019, 01:10:50 PM
Greed has become a natural character for humans when he is given a pleasure, it will always demand more. Greed is personal character. I will tell my experience to avoid myself from greed. I avoid being greedy by always being thankful for every favor given to me. I feel enough with my pleasure and fortune. If I am indeed given a little fortune then I will only manage with these results but if I am given more then I can save the rest. It all depends on our acceptance. We ourselves must limit ourselves. As well as investors, as investors must have more acceptance and gratitude so as not to justify any means to achieve everything.
member
Activity: 684
Merit: 10
April 13, 2019, 01:10:44 PM
If there wasn't greed and everyone leave market on top, the whole crypto industry would probably be dead by now, wouldn't it? Someone should help crypto-enthusiasts to support Bitcoin and alts.
member
Activity: 616
Merit: 30
April 13, 2019, 01:09:09 PM
Not only in trading but in Gambling as well,greed is the killer of every cryptonians so if someone wanna succeeded here?better practice to take away the attitude of being greed and just enjoy everything that cryptosystem can offer,

Most crypto traders who are into daily trading usually  have a greed nature. All they think about is how to make profits from their investment.
Same.reason that most traders fails,because they cannot stop looking for higher.profit
full member
Activity: 298
Merit: 100
April 13, 2019, 01:02:44 PM
Most crypto traders who are into daily trading usually  have a greed nature. All they think about is how to make profits and also how to maximize their initial income  from their investment and maintain some level at which their profits increases or decreases .
member
Activity: 490
Merit: 10
April 13, 2019, 01:00:22 PM
You're right. greed makes investors want more profits and make them make wrong decisions. The price paid is their profit or investment amount. It's hard to tell when to buy and sell if you don't have a specific strategy and profit you want with each portfolio.
hero member
Activity: 3080
Merit: 603
April 13, 2019, 12:37:35 PM
Greed will also bring lesson to every trader.

Like mine, I've learned that whenever you trade always set up a better price so that you won't be expecting that high. Set up a limit but not so high when you are about to sell. In this manner, you can take profit while the price are a bit higher.
jr. member
Activity: 378
Merit: 1
April 13, 2019, 12:33:29 PM
You cannot force investors to do what is outside their wish.
Some people tend to do what they want first before learning to do it the right way. Also there are those who would risk their money and would want to was it for bull run, because they can afford to lose it. So you cannot imitate them.
legendary
Activity: 1722
Merit: 1014
April 13, 2019, 10:37:18 AM
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 ??

One should always follow some strict strategy when thinking about earning here, in crypto trading. Think about how much you plan to earn in a particular trade before entering it. And don't change your mind.
member
Activity: 602
Merit: 10
April 13, 2019, 10:14:26 AM
Being greed is not good. It represents that you have a bad attitude, in business like this cryptocurrency, we cannot predict the price when it goes up. So if you are a greed person, I think you should cut this kind of behavior to be able to become a successful individual.
copper member
Activity: 362
Merit: 1
April 13, 2019, 10:03:15 AM
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's their lesson in making an investment on crypto currency, particularly for those newbie. Next time you should research first what the things you're going to in, so that you will not wonder whats going on. Cryptocurrency is unpredictable, if you do trading you should set a value when do you execute trade on your asset to regret in last and don't be greed and self discipline is important as well.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
April 13, 2019, 10:03:03 AM
What can be done to ease greed amongst investors ??
I think the best thing to do is to make a target price and when it reaches that target price, you will sell it at that price no matter what happens to the coin whether it goes up or down. This is what I'm doing when I trade. This needs discipline to the trader so that he will not become greedy in trading.
Target price is needed if there is money management around this level. Discipline can give constant gains over time but no matter how strong discipline trader has had proper strategy cannot be replaced by it.
newbie
Activity: 6
Merit: 0
April 13, 2019, 09:55:26 AM
On a serious note, all traders want maximum profit but the truth is that no one can get maximum profit. A lot of traders loss all their money to greediness because they want maximum profit. The best thing to do is make do with whatever profit. That's my newbie experience and idea.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
April 13, 2019, 09:50:02 AM
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 ??
Me and you always have dreams with big money, with big and gorgeous castles. People are still greedy, and they will try to make more money in Crypto with greed. Why are you criticizing greedy investors?
cuo
full member
Activity: 560
Merit: 185
April 13, 2019, 09:49:30 AM
be positively budy, you not lose, you paid for lesson Smiley, of course greed will always bring bad things, good trader will always control emotion cause they have a good risk management, so, dont worry, loss is part of trading and we should learn from that things before start again.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 13, 2019, 09:36:52 AM
We can't blame some traders and investors because some of them has been investing their time and not just their funds. They're holding for such a long time and we can't question their goal to reach more than 50%. There's no harm in aiming for the best but expecting too much might result in disappointments.
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