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Author Topic: It's incredibly hard to sell when you are in a profit position, because of greed  (Read 557 times)
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omonuyak
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January 08, 2019, 08:03:39 PM
 #41

Bitcoin trading is so enticing especially when it is moving in our favor.  Sometimes it will seem the upward movement will continue forever and that is why people were still buying when bitcoin went as high as $20,000 in 2027. Greed is really the reason why many of us lose profits and our hard earned capitals.
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January 08, 2019, 10:57:18 PM
 #42

It is very hard to act properly, as you said, always waiting for some right moment without even knowing what that moment is. Those predictions about 50 or even more hundreds can guide people on that side but as we could see, those predictions were wrong. And what now? Waiting for at least half of its ATH value to get some satisfaction. And again it is the question would you sell again.
A guy here said that you can only make mistake once, after that you will learn. I agree with him. You just need to track the happenings on the market and react. But big number of people are waiting, believing in 50 thousand. Greed could cause missing the opportunity to earn some. I am sure that big% of people have that same issue and have no solution to overcome it. I am different kind of person, I like to play safe, but I knows tons of people that are, and have no way to solve this problem. Simply It's in their nature.
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