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Topic: Greed is bringing loss for traders - page 9. (Read 16080 times)

member
Activity: 434
Merit: 10
May 11, 2019, 08:39:28 AM
That's right, I don't want to be trapped again by the greedy nature of Bitcoin trading, because of the terrible effects of greed, one of them is losing valuable assets because of greed that can't be controlled. So learning from experience is a useful thing.
greed will destroy you, so don't be greedy, it's better don't hold it back.
on Cryptocurrency we don't know what will happen, so we must be vigilant because prices can change rapidly.
the chance for profit isn't repeated so we have to make good use of our time and don't wait too long because you want bigger results, it will be dangerous.
copper member
Activity: 966
Merit: 5
May 11, 2019, 08:37:15 AM
I think when a trader trades he should try so much to remove any prescribed profit from his heart and follow with the market conditions. Most traders will first set a target and when the market changes and they are already in profit, they won't exit rather they will tend to wait for their "prescribed" profits in most cases ending in loss, this is when we can say greed took place.
jr. member
Activity: 182
Merit: 1
May 11, 2019, 08:16:48 AM
for greedy people, they may not benefit from the bull market. they may even fall into a bear market. i will make an investment in my expectations. for example: i will sell half of the coins, when Bitcoin returns to 20K.
full member
Activity: 1489
Merit: 150
May 11, 2019, 07:50:59 AM
That's right, I don't want to be trapped again by the greedy nature of Bitcoin trading, because of the terrible effects of greed, one of them is losing valuable assets because of greed that can't be controlled. So learning from experience is a useful thing.
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
May 11, 2019, 05:59:43 AM
Greed is good, as they say in Wall Street, but what people don't realize is that they don't understand the nature of greed. Being greedy for wealth and power, must be matched by the ability and smarts to get there.

If you're just greedy like 99% of altcoin traders, then you have no idea where you want your dreams to be, you place it way above what can ever be achieved, and then you pay for it when bubbles burst. Again and again.

Watch this cycle end, then see again the whines in 2 years;)

Greed is good for people who had experience about how market works. For some people with little experience in market, greed is bad and i dont think it will bring profits. For peoples from wall street, with a lot money they handle, i am believe they should be greed because its more easy for them to control the price. But for investor with little money, its better to hold our investment for long term or if make trade, better make reasonable profit target
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 11, 2019, 05:07:35 AM
I think yeas they rush buy coins and altcoins through the highness of the crypto market and the market collapse soit brings them a huge losses and now they are holding and waiting for the price of coins to rise which is happening right now as the market already making recoveries.
If you buy at high prices and soon after that market collapses means you have to wait for the next bull run,expecting the profits in very short term is not going to happen always.Like you said the prices starts to move so people who bought at high price will now get confident about making profits.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
May 11, 2019, 04:51:56 AM
Greed is good, as they say in Wall Street, but what people don't realize is that they don't understand the nature of greed. Being greedy for wealth and power, must be matched by the ability and smarts to get there.

If you're just greedy like 99% of altcoin traders, then you have no idea where you want your dreams to be, you place it way above what can ever be achieved, and then you pay for it when bubbles burst. Again and again.

Watch this cycle end, then see again the whines in 2 years;)
full member
Activity: 560
Merit: 101
#SWGT PRE-SALE IS LIVE
May 11, 2019, 04:48:57 AM
I think yeas they rush buy coins and altcoins through the highness of the crypto market and the market collapse soit brings them a huge losses and now they are holding and waiting for the price of coins to rise which is happening right now as the market already making recoveries.
member
Activity: 602
Merit: 10
May 11, 2019, 03:48:20 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 ??
In my opinion not only traders are guilty of this type of greedy decisions most business men are, why will any one wanting to cash out a50% profits when he can actually wait and make 100% but if it goes other ways you may end up losing everything. But the market is full with risk and only those who can bear that risk survive.

I think being greed is not a fault because in any investment field, make profits as big as we can. But we should realize that every market movement between bull and bear, if we in bull season, there is bear season waiting. Better set our target profits and trade with money we can afford to lose
hero member
Activity: 1302
Merit: 540
May 11, 2019, 03:22:04 AM
Best idea is to have a considerable not crazy target say 5% or just 10% and then once it hit that you sell like 60% and hodl 40 if you think there will be spike in price that way you avoid unnecessary losses you might incur and your investment might even comes with little profit at the end
Maintaining good system with your investment practices will help you to minimize greed and allow you to control over your emotions, if you can proceed and make this things possible it will benefits your trading activities, most of those who became a good traders also start from the scratch they win over their own selves and start  to practice the strategy that they build coming from their previous experiences.

Be lenient and stay calm and positive, emotionless trading will bring big success to you.
member
Activity: 812
Merit: 10
https://hovr.site/
May 10, 2019, 07:36:51 PM
Best idea is to have a considerable not crazy target say 5% or just 10% and then once it hit that you sell like 60% and hodl 40 if you think there will be spike in price that way you avoid unnecessary losses you might incur and your investment might even comes with little profit at the end
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
May 10, 2019, 06:54:01 PM
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 ??

I think they should do a good study before making the investment, because they should take into account the market phase that is currently taking place, that is, you can not buy at a distribution stage, and you can not sell at a stage of accumulation because you simply do not get benefits.

That is why many investors always seek advice in speculators, but speculators who base their analysis on the technical analysis without previously studying the market, it is necessary to know well the history of the currency to make decisions, that is, if it is determined that the currency it has a low yield with low market capitalization and that in its project they do not have innovation or have development, it is very likely that it will not recover, because it is going to fall, and investors will not be able to recover the investment because previously it has suffered many dumpees on the part of the community.

Investors should bear in mind that the fundamental thing when choosing a currency is the future vision that it will generate facing all the possible events to consider, be they good or bad, and have the action plan to follow.
jr. member
Activity: 280
Merit: 1
The Ultimate Blockchain Trading Platform
May 10, 2019, 03:07:32 PM
The investor must set realistic goals that he must achieve when investing. Even if the coin grows further, he must sell when his goals are achieved.
It is better for traders to lock in profits than to wait for more profit and eventually go down, never be greedy and if possible always lock in profits
full member
Activity: 980
Merit: 114
May 04, 2019, 08:45:59 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 ??
In my opinion not only traders are guilty of this type of greedy decisions most business men are, why will any one wanting to cash out a50% profits when he can actually wait and make 100% but if it goes other ways you may end up losing everything. But the market is full with risk and only those who can bear that risk survive.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
May 04, 2019, 08:32:10 AM
Not only to traders, greed is a crucial part of man behavior and it happens mostly when we want to earn so much after giving so little

I have been studying the trade pattern for months and i believe taking out profit is all that matters
jr. member
Activity: 486
Merit: 3
May 04, 2019, 05:30:00 AM
What can be done to ease greed amongst investors ??
Nothing can be done, but that they will have learn themselves. Nobody forces you to stop being greedy, circumstances will. Very few coins these days grow so high. Therefore, in order not to risk loosing, it will be better o sell when there is a little increase, then wait for the price to retrace again, that is, when it plunges, buy back and sell at another profit. It is quite as simple as that.
legendary
Activity: 1274
Merit: 1004
May 04, 2019, 05:24:15 AM
the market does not work on greed and so does no good trader is allowed to thing because of greed. traders are good with controlling their emotions and not do trade without good analysis. if you do not want to lose you all money then never put all your eggs in one basket, also trade with multiple coins each with good analysis so even if you face some lose you will still gonna make a profit with other coins. and not even professional traders cannot avoid losses. you as long as you had more wins than losses you are good to go.
member
Activity: 746
Merit: 10
https://axiomapay.com/
May 04, 2019, 05:12:20 AM
traders have their own ways so that they know better what they have to do when trading. In fact, greed often happens because they want to get more profits and unfortunately they don't waste when there is a chance, I also often experience that.
sr. member
Activity: 520
Merit: 250
KUWA.ai
May 04, 2019, 05:03:35 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 ??

It's not always can classified as greed.
Many people wants long trade such as keeping their investment for years, also this type of traders is successful trader with 100x times ROI

But to succeed in that way compared to 1: 1000, just look at them losing because of the greed they make. Suppose they trade more systematically, enjoy the results even though they are small, maybe they will not suffer losses. Come on, the market won't always go up,
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
May 04, 2019, 04:35:32 AM
Oh, if we were all perfect, we would be rich without exception! Of course, each person has different qualities, someone less greedy and more patient, another greedy and reckless, you need to learn how to find a balance and be more resistant to market situations!
We are not all perfect but as a trader we have to strive to learn.
Greed is already within us but we need to control that and make a decision that has a solid basis.
Being a trader we always make judgement based on proper research and not purely based on what and how we feel, as it's not surely gonna work.
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