Greed is bringing loss for traders

[Cryptosaja]

The crypto market moves very fast, so when he goes up a few percent we have to sell it because profits have already been obtained, because if you want more and more, the market can move down, that's what is feared, controlling emotions as a trader is very important

[1715180890]

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[1715180890]

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[Hypnosis00]

The crypto market moves very fast, so when he goes up a few percent we have to sell it because profits have already been obtained, because if you want more and more, the market can move down, that's what is feared, controlling emotions as a trader is very important

It works sometimes but I mostly keep on holding even I've saw some profits by now. It is not look greed but we are just aiming for more and that is actually normal for now. We don't just to take for granted for every small drops we received but to look more is better and it really give us more satisfaction.

[Shadovka]

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 started off like what you have explain and after my years in trading i slowly realized that in order for me to achieve greater heights i need to really control my psychology aspects. To me i think that only after you realize it yourself then you are able to make this change. This is your own psychology barrier that on one can help you with.

[LogitechMouse]

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.

[imstillthebest]

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.

Making a target price ?  That means you will wait for a long time because not all coins can easily increase  . this act is mainly considered as an investing not trading because in trading you will be selling your coins more often or actively in a shorter period of time  . being greedy is indeed the root of all evil  but greedy can sometimes be beneficial as it drives guts and self confidence or willingliness to push your self more

[CryptoIyke]

It all has to do with lack of knowledge and inexperience. But aside greed, emotions are the most cause of loss during trades. It causes one to take irrational decisions which may mar once choice of trade. Using a stop loss should be a constant practice

[izanagi narukami]

Greed is apart of human being. Without greed there will be no demand.
When there is no demand, something will be worthless. It's Yin and Yang nature.

Also every trader have their own trading style for example short term and long term traders !

[inanilujimi]

I think eliminating greed is impossible because each of us has something like that and that is human nature, and I think the most important thing is that we have to be good at making decisions when to buy and sell at the right time.

[Ailmand]

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.

[cuo]

be positively budy, you not lose, you paid for lesson , 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.

[Micerker]

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?

[odeyemisp]

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.

[Danslip]

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.

[tisoysoy]

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.

[odranoel]

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.

[letyouearn]

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.

[Aniwura]

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.

[batang_bitcoin]

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.

[salink]

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.

[trashman43]

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 .