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Topic: Greed is bringing loss for traders - page 6. (Read 16113 times)

member
Activity: 546
Merit: 11
May 29, 2019, 03:27:43 PM
When you are greedy, even what you have or have worked for will be taken away from you. To minimize the losses with crypto, whenever you make profit, you can withdraw your initial investment and reinvest the profit. If you make profit, you are good to go, but if you run at a loss, you will not be affected so much.
full member
Activity: 1554
Merit: 101
May 29, 2019, 02:17:58 PM
that is naturally think of human being greedy also good/bad, it depend on situation.
people always get lose when some coin pumping and they enter to buy that hope still can get profit but lose because their impatience.
legendary
Activity: 2982
Merit: 1028
May 29, 2019, 11:57:33 AM
nothing?
Are we obligated to help ignorant, greedy, irresponsible investors who we don't even know?
These type have very little effect on the market.
The vast majority of trading volume comes from whales, institutional investors, and long time crypto investors.

The fomo people are of little consequence.

But, we can learn a lot from them.
One of the ways that stock brokers make their money is by getting you to eternally invest.
Then they can just keep on racking in commision.

The idea of always investing and never cashing out is just some dream where others profit off of you.
You yourself need to get the money or the money will just be numbers in a wallet.
Point is always accompanied by reality, if you can't afford to work with your knowledge, you'll be stucked and you won't be able to maximize those potential profits that you'll be able to accumulate, it's always depends from what we think about working inside this market and how we take those advantages.
jr. member
Activity: 145
Merit: 1
May 29, 2019, 11:55:28 AM
As a trader who knows the movements and struggles in crypto currencies it is impossible to have a greedy attitude. But the greedy nature has become the nature of man, where when all of his needs are fulfilled, he is still seeking other satisfaction. That's human nature. We should be wiser in playing in crypto currencies. Greed will only lead to loss. If we are greedy there will be no one to help us when we fall. We should always be humble and always grateful for all achievements, especially in crypto currencies.
full member
Activity: 686
Merit: 131
May 29, 2019, 11:53:04 AM
nothing?
Are we obligated to help ignorant, greedy, irresponsible investors who we don't even know?
These type have very little effect on the market.
The vast majority of trading volume comes from whales, institutional investors, and long time crypto investors.

The fomo people are of little consequence.

But, we can learn a lot from them.
One of the ways that stock brokers make their money is by getting you to eternally invest.
Then they can just keep on racking in commision.

The idea of always investing and never cashing out is just some dream where others profit off of you.
You yourself need to get the money or the money will just be numbers in a wallet.
copper member
Activity: 349
Merit: 0
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
May 29, 2019, 11:49:07 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 ??


Hahhaha everyone is greedy and this applies to all spheres of life, when we have 1, we will want 2 and so on but my take on how to erase greed is to have a disciplined mindset and always remember to cash out at the right time
jr. member
Activity: 280
Merit: 1
The Ultimate Blockchain Trading Platform
May 29, 2019, 11:48:52 AM
You should never be greedy in cryptocurrency, because losing profits is possible, I think experienced traders are not greedy, but newcomers should learn not to be greedy in the market.
copper member
Activity: 378
Merit: 0
May 29, 2019, 11:47:49 AM
I think the first time investor follow this approach.if you are experienced Then you realize how important it is to encash your profit.a one bad news make all your de RAM shattered in single day. Even when you are loosing money you must encargó your remaining investment.
jr. member
Activity: 318
Merit: 1
May 29, 2019, 11:35:28 AM
Because of the greedy many have lost their investments in the year 2018 because they put all their investments into the projects they invested. Because of the hope and attraction of big profits and the opposite happened because the cryptocurrency market had fallen and many were losing because of it,And now i recommend you a project that we can recover losses you invest on their ICO and this project is the Dencoin tokens .
full member
Activity: 728
Merit: 100
May 21, 2019, 11:20:27 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 ??

What you say is true that greed will only hurt us. As a wise crypto currency player, we should not have a greedy attitude. We must be clever in putting forward profits in accordance with the state of the crypto currency. We must always be real-minded and not have too high expectations that will only make us disappointed later. As a professional crypto currency player, we must have a minimum standard of profit and not set too high so that we keep thinking healthy without being ambitious.
hero member
Activity: 1030
Merit: 502
★777Coin.com★ Fun BTC Casino!
May 21, 2019, 11:14:04 AM
Hodlers and traders should have a calm, clear mindset to achieve their goals in crypto market. We should stay realistic, we should make smart decisions. Being greedy only can cause you to lose.
full member
Activity: 733
Merit: 100
May 21, 2019, 11:11:13 AM
It is true that a lot of people have been investing in the crypto market in the hope that they would make huge profits in a very quick time, but instead of making profits they suffer losses. Things could have been different if they are content with a small profits.
big profits triggered them to continue to give up all of their capital, they thought it could increase profits many times over. so this is detrimental to traders, they must be more patient in terms of traders and in terms of looking for profit. avoid greedy things so you don't get caught up in losses
sr. member
Activity: 1330
Merit: 289
May 21, 2019, 11:08:45 AM
Greed is bad, but new traders usually learn the hard way after getting burnt on some occasions. It's advisable to set your sell order after your buy order is filled, setting stop loss too, then watch the market at intervals to know if you should adjust your price. This is preferable to waiting for the moon which will never come.
full member
Activity: 1218
Merit: 112
May 21, 2019, 10:53:09 AM
It is true that a lot of people have been investing in the crypto market in the hope that they would make huge profits in a very quick time, but instead of making profits they suffer losses. Things could have been different if they are content with a small profits.
member
Activity: 602
Merit: 10
May 21, 2019, 10:41:25 AM
Because it relates to profits, most people must have greed, and greed can indeed cause losses because basically greedy people only think big profits without taking into account losses.
member
Activity: 291
Merit: 20
I love my wife and my little girl
May 21, 2019, 10:32:51 AM
It is hard to say that greediness brings losses to traders, and it is incorrect to say that. Greediness can bring losses or profits to traders. Why it can have two-sided effects like this? Because the key point, that determine traders get profits or losses with their greedy investments is time at which they enter market. Entering at safe price and good period of market after long accumulation and nearly the end of accumulation will help  traders and investors get profits with their greediness. In contrast, being greedily invested when price rocketed to high ranges most likely results in losses later. To sum up, it depends on time and entering price.
hero member
Activity: 2310
Merit: 532
DGbet.fun - Crypto Sportsbook
May 21, 2019, 04:21:07 AM
When one is new to the trading there is more and more risks associated with it, when one finds the way to get back some good profit out of the same automatically the greed gets along. Here users will risk big volume in the regard of expecting big profits. Here very few experience big loss while one with alternate plans minimize the loss.
member
Activity: 574
Merit: 10
May 21, 2019, 04:13:00 AM
Everyone has different strategies. If you decide to do short-term trades. Preferably if you have decided to buy coins. I hope the coin is always monitored about its movements. So you know if the coin is declining, so it can decide to sell the coin. And you don't have too much hassle.
member
Activity: 602
Merit: 12
May 21, 2019, 03:49:36 AM
most of them wanna get instant rich without do much trade, get like 100% or 200 or more is possible , but that something rare happend. you need to be lucky for that
full member
Activity: 396
Merit: 100
May 21, 2019, 03:47:32 AM
that true, being trader should know if pumping like 100% or more is something rare happend on crypto except there is good news that can bring that pumping. so better lower you target sell before do trading

Look at Matic, it doesn't have any good news in the last 10 days. But it has increased more than 10 times since May 10, this market is a volatile market, it operates not in the minds of investors. It's easy to earn money and vice versa
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