Greed is bringing loss for traders

[Leema]

Greed is the main reason we lost as a trader. I had experience of an investment i bought that i was suppose to sell off i got ×3 of my investment but i kept holding hoping to do more pump. Until the token went down drastically.

[1715218510]

1715218510

[Rtalk]

Greed is the main reason we lost as a trader. I had experience of an investment i bought that i was suppose to sell off i got ×3 of my investment but i kept holding hoping to do more pump. Until the token went down drastically.

You're not alone.Sometimes not even greed-just banal stupidity and lack of knowledge on the topic make us to expect that growth to continue at that time when you need to close the deal.
All this is due to the wrong initial expectations from the market.

[crispyfry211]

Desire that they want to make monet easier then the result is losse because of greediness.They don't even think about what will happen on the market on the next days so investors loss a lot of investments in 2018 because of putting all investments on a project because of hopes they will make an good investment but they dont look on the situation of the market so at last they loss.this leeson is for all of us think before doing such an decision.

[Taufik blackspade team]

You understand that such behavior sooner or later will bring you to the state when people deposit will just fall awfully. Greed is the feeling that has immense size. Greed will have bad consequences anyway.

greed can eliminate all your money, and can even make regrets in your life. we must learn to control ourselves so that we are not greedy, when we can master it we can invest and trade calmly.

[jazmuzika217]

Greed is the main reason we lost as a trader. I had experience of an investment i bought that i was suppose to sell off i got ×3 of my investment but i kept holding hoping to do more pump. Until the token went down drastically.

Being greedy is only one reason why trader lose to trade second reason is being fomo to the coin never think if the coina is already in the top bottom, sometimes being greedy is okay specially if the altcoin has a good news to the market.
Before doing any tradet make sure you know the flow of the altcoin to avoid doing wrong that make you cryin the end.

[mersal]

The emotion is always been an important role play happening in trading if it was been came to you your training style will be changed when comparing to the normal situation so I sure it will affect your trading method and also the changes of strategies will also happen

[Niam_bakri]

The emotion is always been an important role play happening in trading if it was been came to you your training style will be changed when comparing to the normal situation so I sure it will affect your trading method and also the changes of strategies will also happen

changing strategies in trade and investment is very reasonable. because the market situation also cannot be predicted correctly. what has been designed from the start, is not necessarily implemented until the end in accordance with the plan made. sometimes the market situation does force traders to make new decisions.

[Gabmot]

Greed is something conversant with almost everyone. The original human nature is such that has been corrupted to wanting to amass much from even a literal zero. However, since cases like the mentioned have happened to so many and are still happening, many have been forced to learn this painful lesson so adjustment would be made consequently.

[macshad]

I guess almost everyone is built with greed within them and when people come into crypto at first all they actually want is a get rich quick scheme which you wont get here, i think we have to start setting our minds and saying once you make your maximum interest from your investment, why not just take out your profit and truely sometimes we also have to take risks and when taking this risk you have to be online 24/7 to monitor your investment   

[cryptobae10]

It seems there’s no comment about to prevent greed for traders

It’s simple; stop expecting so much after investing so little
Remember 100x, 1000x does not happen to every token
Dyor

I fully support what you said.  To date, the cryptocurrency market does not have to wait much, and for some the project is expected to collapse.  But traders are nevertheless accustomed to getting super-profits and today they only get losses because of their Greed.

Superprofits are why investors end up in a rather low push
But when it comes to 10x, 100x etc it can be assumed And at worst; profits get closer to their targets
But it happens during the right research and proper selected tokens

[Dalmar]

It seems there’s no comment about to prevent greed for traders

It’s simple; stop expecting so much after investing so little
Remember 100x, 1000x does not happen to every token
Dyor

x100 and x 1000 type of winning bets are not trades in my opinion. There are small market cap tokens that offer a good way of earning with simply investing and every trader can't catch such deals. Without experience, it is hard to take these big rewards. Greed is dangerous.

[matchi2011]

You understand that such behavior sooner or later will bring you to the state when people deposit will just fall awfully. Greed is the feeling that has immense size. Greed will have bad consequences anyway.

greed can eliminate all your money, and can even make regrets in your life. we must learn to control ourselves so that we are not greedy, when we can master it we can invest and trade calmly.

Trade without any emotions behind, greed is built for traders who enter this business with such emotions inside, you can only avoid this problem if you are well prepared and you truly understand every risk that you are taking, being satisfied everytime you filled your trading positions will let you to continue this business without any  regrets, be careful with waiting and maximizing opportunities most of the time greediness played upon you not doing the right decision to make.

[redsun114]

Greed is natural in human being no matter how highly group of human being you are because it involves money. Just like gambling, the more you want cover your looses the more you loose at the end.

I think this needs to be taken a bit light now. No more psychological pressure. You are very well versed with the risk in the cryptocurrency business and that it is uncertain to make money here all the time which means that you should have another means of making money as well. This is important. If you have other means, you would be secure and only them you would be able to hold for long despite the risk which always pays off.

[coinbirds]

Profit taking is important part of the trading activity.
You do not lose until you do not sell and you do not win until you do not take the profit.
This is the golden rule.

[Lexurdania]

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 ??

Cryptocurrency movement price in one day sometimes more than 100%. I think if we are good trader and make 40% is not greed if we can. In any investment, our goal is make profits as much we can and i dont think its a bad

[shimbark123]

Well it is super obvious that it does . Chasing profits out of loss will never be a thing in cryptocurrency. If you lose a trade and you get greedy just to take the money you loss or even gaining more than that. If you do that, then money flies.

[craslovell]

I don't think there's much that can be done at all to soothe this problem. This is human nature at work.

[Loedong]

this is common for traders and investors, most of them ambitious to get more benefits but sometimes not in accordance with the desired target even more often that risk. I am not a trader but usually a trader can understand what they have to do and greed can result in losses.

[tomboi]

I think it's not greed but your mistake in doing a trading strategy. If you trade every day, you must continue to monitor the price of the coins you have bought. So when the price seems to be going down, you can sell it. But if you are stuck in a loss. Better to remain patient and do not sell coins because the price of coins will definitely rise again.

[freedomgo]

I think it's not greed but your mistake in doing a trading strategy. If you trade every day, you must continue to monitor the price of the coins you have bought. So when the price seems to be going down, you can sell it. But if you are stuck in a loss. Better to remain patient and do not sell coins because the price of coins will definitely rise again.

Greed is a big problem and it's within your emotion.
When making a strategy, it's just all written plan, you cannot do it effectively if you are greedy, therefore a person who
are not good in controlling his emotion will most likely fail in the long run.
Trading does not give instant money, it 's a long term process to be consistent.