Greed is bringing loss for traders

[dedi joni]

Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.

you are right, greed wants to get more actually makes us actually weaker and can lose our money. I often experience that, and now I will be more grateful for what I get.

[1715149372]

1715149372

[1715149372]

1715149372

[1715149372]

1715149372

[1715149372]

1715149372

[1715149372]

1715149372

[zauna35]

it’s ridiculous, it’s not realistic to change human nature, if a person is subject to greed, he will always remain like that) some traders simply don’t have enough experience or these are very romantic people flying in the clouds and dreaming to get rich for one deal) but as they say on “mistakes are learned”, however, not everyone draws conclusions from their failures and with manic persistence attacking the same rake ... I agree with you that many transactions are better with a small profit than a long hold with an incomprehensible prospect

[Burogh]

Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.

that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.

Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.

Agree, most greed trader not set their profits and think the price always rising. Like others investment, the price always volatile and i think its wise if we set the target for profits to keep our portfolio value increase.

[eann014]

Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.

you are right, greed wants to get more actually makes us actually weaker and can lose our money. I often experience that, and now I will be more grateful for what I get.

Being greedy is really not a good attitude we can have when it comes to gambling. It will eat our mind and will control our decisions because of being greedy will make us addicted as well because we want to win a game. As long as we can't win a game we will still continue and realize a big lose.

[hawkins]

greed is the natural enemy of a merchant. someone's dissatisfaction with something makes it detrimental to himself. we know that greed can make us think unstable, and be bolder without thinking about risks. and the medicine from this is thankful for what you have produced.

[Sacramentus]

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 ??

emotions management is one of the vital training in trading whether crypto or forex trading.  Many traders finds it difficult to manage it's emotions when trading thus allowing greed to take over them and incurring looses

[Dennicex]

emotions management is one of the vital training in trading whether crypto or forex trading.  Many traders finds it difficult to manage it's emotions when trading thus allowing greed to take over them and incurring looses

Agree that it is difficult to control your emotions when you suddenly earn or lose big money. In Trading, everything happens very quickly.

[laredo7mm]

greed is the natural enemy of a merchant. someone's dissatisfaction with something makes it detrimental to himself. we know that greed can make us think unstable, and be bolder without thinking about risks. and the medicine from this is thankful for what you have produced.

It's not just a trader. but everyone always has that trait. where they feel dissatisfied and also always want to get more. control it if indeed we have big emotions that are very difficult so it really must be careful with that. immediately sell when it hits the target

[Olayinka225]

Greed is a powerful word that has to be examined and dealt with very even not in crypto alone but in our Normal life. I think it's natural to all humans. Have seen a friend of mine that bought a particular ICO like that at $0.95/1 for a certain units that I can't remember. Fortunately, the coin did well and went to like $1.75/1, we told him to cash out his capital but refused that he's going to wait till it enters $2/1 but unfortunately before dawn of the day it went even below ICO price and never bull again. So I will say we should first deal with it in our normal life before going comig to crypto.

[Nawrod]

I agree. I'm afraid that many people see in crypto only way of earning money...

[simpelplan]

it is indeed one of the common risks when traders have the opportunity to dispose but not carried out because of their greediness, I personally experienced it when the opportunity came but did not throw away, and what happened was that the value of coins that I had at that time dropped dramatically so I did not get much profit on target .

[lifesgood10]

I think there is no greed

Losses are losses
Profits are profits

Depending on the individual; you can choose your profit margin or manage to survive the loss margin

No one is forced to learn; we all learn daily either by taking profits or by shorting losses
Dyor

[dungp3132]

it’s ridiculous, it’s not realistic to change human nature, if a person is subject to greed, he will always remain like that) some traders simply don’t have enough experience or these are very romantic people flying in the clouds and dreaming to get rich for one deal) but as they say on “mistakes are learned”, however, not everyone draws conclusions from their failures and with manic persistence attacking the same rake ... I agree with you that many transactions are better with a small profit than a long hold with an incomprehensible prospect

It is basics of human nature, so let people do what they want, instinctly and emotionally. Our task is taking advantage of their wrong decisions in order to maximize our ROE from capital investment. Even if we want to help them to change, it is really hard to succeed, and maybe we might see side effects, they might hate us because we want to help and want to prevent them to do & enjoy their instinctly investments.

[tabas]

I agree. I'm afraid that many people see in crypto only way of earning money...

It is related to financial so expect that it would be like that.

I think there is no greed

As long as there is money relation, people will start to become greedy.

[Chinsmokers]

This is just a normal for the traders because of the effect of high risk of each coins they trade, they can't avoid that what happen if they gonna get luck and with good analysis  that they get also earning not loses and of course trading is almost the same with the gambling investing that have a minimal risk before you can have profits.

[adterna]

Greedy in trading will indeed make us lose in trading as an example we want profits of more than 100% of our capital, it is something that is very impossible, but it is not impossible, usually traders take profits up to 50% of their capital, but it is also rare , for fear that the market will fall again, wise traders usually profit a little but continuously.

[Insomnia family]

losses due to greed are common because they want to get more profit and in conducting our trade we are required to continue to monitor the price movements of coins that we trade so as not to miss the opportunity to throw away.

[jabrix]

This is just a normal for the traders because of the effect of high risk of each coins they trade, they can't avoid that what happen if they gonna get luck and with good analysis  that they get also earning not loses and of course trading is almost the same with the gambling investing that have a minimal risk before you can have profits.

The crypto market is one of the most risky because the level of fluctuation is very fast and high, so that errors in taking momentum to be executed are at risk of loss. Even the profits that have been obtained can be lost.
Therefore, crypto owners must prioritize logic in order to be able to control themselves and not profit too much because of potential losses that can occur at any time. It's better to get a little profit but to add assets rather than chasing big profits gets a loss.

[onrise]

losses due to greed are common because they want to get more profit and in conducting our trade we are required to continue to monitor the price movements of coins that we trade so as not to miss the opportunity to throw away.

If people do not have control on themself then they may incur huge losses as trading requires a discipline and you should set the goals and once you achieved it you should buy/sell accordingly rather than waiting for too long to price rise or fall .

[arwani1985]

This is indeed a problem for traders, especially if they do not control their emotions when there is an increase. their satisfaction will never exist because they continue to expect a higher increase so that something like this happens