Topic: Greed is bringing loss for traders - page 4. (Read 16080 times)
I believe all traders or investors mindset is to make profit. Yes I agree greediness cause huge losses too. One should sell off his coins when he/she made good profit because market gives several chances to buy sell again and again and it is fact when bull run will start our greed will increase and we try to hold more time then again will learn a bitter lesson. So its always better to exit the trade at right time without greed with good money management.
in fact in the world of commerce all must have certain targets to produce profit, For example, I personally, when the target that has been determined has not been achieved, I prefer to hold and when the price down I just smile and keep hold
Just don't let the greed eat you, set a goal you need to set a target profit like most of the time traders do, stop dreaming too much just work accordingly to the state of situation
Yeah it will be good suggestion, the trader was deluded with the greedy thing. They can't to leave the chart just because they feeling will get profit again but it is not easy because the market difficult to be used as a scenario. So, to set a traget is a good way comparing to make another strategy to start trading again. It will be different when we first come to trade and paint a chart with we have came in a few hours and back and forth to make a new painting to add our profit. 
Yes, and some,for example example,those who exited the market in December, for example before the crash,was released in profit and waiting for another price,greed so to speak,and the belief that he will still ratsi,and we're going to be rich,leads to big losses on personal experience learned
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 ??
Greed and fear are two biggest enemies of any trader. To become a successful trader, one needs to have lots of patience, he needs to control his greed and fear and must keep emotions aside. It is true that whenever trade goes into profit, a trader does not close the trade rather he waits for the trade to go some miles in the positive directions, sometimes it doesn't happen and trade reverses. If a trader do trading good technical and fundamental analysis, he/she may be successful in short span of time provided your technical/fundamental analysis is strong.
Losing capital is going to be far easier if you invest it in poor quality assets, however, this can be rectified by diversifying into more promising investments such any top ranked alternatives and there's nothing wrong with adopting a long term strategy using this proviso if you've chosen good quality assets for your portfolio
I agree that there's high probability to suffer losses when you invest in shitcoins, while top-coins are much reliable even for greedy investors. I think that it's better to set some profit level to know when to sell your assets.
Just don't let the greed eat you, set a goal you need to set a target profit like most of the time traders do, stop dreaming too much just work accordingly to the state of situation
One of the reasons why is they are putting all investments in a particular project that they assume that they will make the profits and dont even think about the situation and the pros and cons in investing so they lost a huge amount of money.And now since we are looking for new projects that we can invest i recommend this project Dencoin tokens and we can make good profits on it just hold if you are not satisfied with the price but surely it will grow because the project is good and having a potential to.
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$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
Greed is a personal thing and doesn't have a general solution. When it comes to cryptocurrency trading, there are so many uncertainties which an average trader should be wary of. If you refused to cash out with the small profits you have earned, then the choice is yours. Which is to make profits from 1% - 50%
I.e a trader of 100$ 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 ??
You can call it greed but I would call it failure to set a limit for your investment. Definitely, every investment is done with the aole aim of making a profit and the mistake moat people do while into crypto is failing to set a limit. Once, you make a limit to cash out, you prevent unnecessary loss and you gain reasonably
sometimes many traders feel impatient to get a lot of profit. they are willing to do anything just for the sake of big profits, whereas the best thing to do is to follow the flow of trade slowly but get profit in a sustainable manner, this is better than having to do greed but lose.
greed also happen because of following the flow of trade, because greed means that he will only wait to sell to get a bigger profit and if the expected price is not reached then it is a loss for him because of greed until the market falls and he will be panic selling when it happen the decline
Losing capital is going to be far easier if you invest it in poor quality assets, however, this can be rectified by diversifying into more promising investments such any top ranked alternatives and there's nothing wrong with adopting a long term strategy using this proviso if you've chosen good quality assets for your portfolio
sometimes many traders feel impatient to get a lot of profit. they are willing to do anything just for the sake of big profits, whereas the best thing to do is to follow the flow of trade slowly but get profit in a sustainable manner, this is better than having to do greed but lose.
Yes, greed agrees bad feeling, but I want to note that it is greed that has brought us here and unites now because it is greed that sits in us that stimulates us to earn more
With greed you will do nothing, the ideas of high profit are many times stronger than healthy judgment.
It just needs to be accepted that there will also be such things in this industry. So where there is a lot of money is often greed.
I try to control greed, but this is almost impossible. I understand that this vice has been since childhood. When you are 40 years old, it is very difficult to fix yourself. It just needs to be accepted that there will also be such things in this industry. So where there is a lot of money is often greed.
With greed you will do nothing, the ideas of high profit are many times stronger than healthy judgment.
It just needs to be accepted that there will also be such things in this industry. So where there is a lot of money is often greed.
It just needs to be accepted that there will also be such things in this industry. So where there is a lot of money is often greed.
I feel guilty about this topic and because greed was the reason why my 3k usd worth of tokens suddenly become 200 usd. I have imagine it would hit 1 cent per token before selling it and that was the moment I fucked up. However, I have learned from that and everyday I make sure not to make the same mistake.
the one who deals with money is always greedy. Well, at least I have never met such people. It will never be an advantage but I will tell you honestly that greed sometimes pushes on very crazy things.
greed never adorns a person, especially a trader. Because I think that greedy people should not be engaged in such a matter.
i think this topic should be moved to trading discussion thread, this is a wrong thread for a topic of this nature.
I think so too, because if we look at it from the title, the topic is suitable in trading threads, because there are a lot of discussions about both daily and long-term trade.
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