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Author Topic: Greed is bringing loss for traders  (Read 16041 times)
laskybok
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May 11, 2019, 10:28:20 PM
 #481

Whether you are greedy about it or not, trading is still the best to engage yourself in.
Those who want more than they can chew, will learn their lessons from their mistakes and it will make the better.
He more they practice, the better they become.
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the rise
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May 11, 2019, 10:39:00 PM
 #482

Greed is one of the traits possessed by humans and thinking by seeing others is better then that trait will continue to exist, so what we have to do to stop it is to be grateful for all that we have even though it only breathes so greedy. will run out and important life is fulfilled.

dawai asmara
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May 11, 2019, 10:51:33 PM
 #483

Whether you are greedy about it or not, trading is still the best to engage yourself in.
Those who want more than they can chew, will learn their lessons from their mistakes and it will make the better.
He more they practice, the better they become.
sometimes we really need to be greedy because that is what will make us in front of other people because sometimes people do not dare to take high risks even though there is a good chance of taking it.

so even though we experience failure because of greed but it will provide an experience that cannot be obtained by people who do not dare to take big risks.
OluwaTosin10 (OP)
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May 12, 2019, 09:49:21 PM
 #484

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 don't think there is any solution to greediness in crypto because of its volatile nature. Crypto is very volatile and no one can predict its price in the next seconds that why a lot of traders don't take profit early because they believe price can still go up.

There are solutions on greediness if you are just patient. Diversifying your portfolio may be a good idea and for me it is  not a greediness at all.

also having a backup fund for a buyback may be an intelligent move as it may lower your breakeven if the coin you are holding is in a bearish postion.

You may take advantage of the volatility of bitcoin by trading its trend, looking at the right timeframe may help a lot if you are focusing on trading.

How tnen to handle greed that comes with crypto currency

Patience is good but until when ? And by diversifying; is it about splitting investment into different tokens ??
Rogkim1
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May 12, 2019, 10:58:01 PM
 #485

In order to fight greed, you must try to be content with what you have. Also, often remember your failures due to the fact that you were greedy and chased after big profits.
Fighting greed is essential to make a profit in the crypto market.
Xardasim
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May 12, 2019, 11:13:35 PM
 #486

Exactly. Without greed, there is no loss. Everybody wants to sell from the top and want to buy it from the bottom and it always turns into regret. That is why we should improve ourselves.
laskybok
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May 12, 2019, 11:27:32 PM
 #487

A trader does not wait for a coin to pump too high before he could sell. Those who wait for that are just investors.
Which is why we have day traders, who most times are after 24 hours profit.
Although, there are times that the surge in price might be exceptional and the trader might have seen it coming and wait for it.
bebekangsoo
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May 12, 2019, 11:34:58 PM
 #488

Exactly. Without greed, there is no loss. Everybody wants to sell from the top and want to buy it from the bottom and it always turns into regret. That is why we should improve ourselves.
holding on to greed will result in regret, eliminate greed so you can make enough profit, than you will regret that you did not take advantage because you want good results.
anyone of course wants good results but it's not easy, so make learning so you can get money.

zero714309
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May 12, 2019, 11:37:00 PM
 #489

Greedy is one of trader enemy and if we can control our mind this will also help us mantain asset with good way. Sometime we find some trader or investor angry and judge altcoin as shitcoin not because they have bad project but because some trader lost their money in that altcoin because of their greedy mind. You have good skill is good but if you have greedy mind you will lost your profit.
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May 12, 2019, 11:56:30 PM
 #490

There's dependably a negative that you can feel on the off chance that you lose in an investment here in cryptocurrency, at that point you can say terrible regarding it like that is truly crap altcoins then in the meantime you will spread that with the goal that's bad since that resembles FUD.

so better to dependably figure positive like discover great projects to invest in like regardless of whether the esteem drops still you know and are certain that they will at present can develop

Model utilize confided in officially like btc,eth,eos and excellent then after that like in the event that you gain, at that point utilize some of it in new alts that you use again in your investment and obviously in the event that you think this can possibly develop

Chicky213
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May 13, 2019, 05:59:35 PM
 #491

I agree with you partially cause i know some friends who Loss some thousands of dollars cause thy waited a while longer. If traders remove a little greed, maybe there won't be much loss of their investments.
Markperop
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May 14, 2019, 04:56:18 PM
 #492

I agree with you partially cause i know some friends who Loss some thousands of dollars cause thy waited a while longer. If traders remove a little greed, maybe there won't be much loss of their investments.
every trader today can only rely on what the cryptocurrency market can allow him.  If you have already given higher rates, today you can really make a mistake and lose everything.  It is necessary to take into account the current state of the cryptocurrency market, with daily trading.

HELLO EVERYONE.
Rimueng tuha
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May 14, 2019, 05:05:09 PM
 #493

Greed is indeed a human nature that is ingrained. Many people want to be rich, rich, and continue to be rich. They do everything that they can to get richer like crypto currencies. They hope that joining a crypto currency will provide great wealth in a short time. the days become greedy. My suggestion is that we not get into greed by limiting expectations. We don't need to put our hopes too high. We should put hope in accordance with our efforts at a minimum first so that the nature of this greed can be gradually suppressed.
other_side
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May 14, 2019, 05:33:19 PM
 #494

I agree with you partially cause i know some friends who Loss some thousands of dollars cause thy waited a while longer. If traders remove a little greed, maybe there won't be much loss of their investments.

That's right, why very few people buy BTC when it only costs more than $ 3,000 earlier this year. But now they fomo go to buy BTC and other altcoin series. It is greed when the market price starts to rise again and there are many pumps in the past month
motienvolam
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May 14, 2019, 05:38:44 PM
 #495

Being greedy with altcoins for now is good, because being greedy in current period of market bull run might help us to get good returns within short period of investments. Days or a few weeks, then we  ight take profits as easy money from determinant altcoin investments. Bright future, a new spring has come to ceypto, winter went away months ago, now it is good beginning of altcoins to build and start their own Spring, the Spring for altcoins.
Dpat
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May 14, 2019, 05:46:42 PM
 #496

Greed is the most crucial part of the every human being. This must be keep in control while you are in the market whether in the stock market or the crypto market. Basically, in the crypto market peoples are gone more greedy because here the potential profit is more. When he is in profit waiting for more in this way lastly it makes loss. So, Greed must be controlled.
kenelmark
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May 14, 2019, 05:51:31 PM
 #497

every trader today can only rely on what the cryptocurrency market can allow him.  If you have already given higher rates, today you can really make a mistake and lose everything.  It is necessary to take into account the current state of the cryptocurrency market, with daily trading.

Yes, before making a trade, we must first make a research of market conditions where it will always be a good reference and experience, even though it is now very clear that market conditions are good, but also requires research conditions.
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May 14, 2019, 05:54:29 PM
 #498

Nothing I suppose.
It's not our responsibility to help people who make foolish decisions.
I guess, in a way, their trading styles contribute to the volatility of crypto.
But crypto is much larger than people who hopped on the greedy fomo wagon.

But, actually, I kind of have sympathy for them.
Because I had my greedy phase and know what it's like.
I've since learned from my mistakes and wonder how someone can lose so much money and not change what they are doing.
So if someone just keeps on making stupid choices and doesn't learn, then, well, I no longer feel sorry for them.

sandgluenick
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May 14, 2019, 05:55:06 PM
 #499

Being greedy with altcoins for now is good, because being greedy in current period of market bull run might help us to get good returns within short period of investments. Days or a few weeks, then we  ight take profits as easy money from determinant altcoin investments. Bright future, a new spring has come to ceypto, winter went away months ago, now it is good beginning of altcoins to build and start their own Spring, the Spring for altcoins.
It's true that being greedy sometimes needs to go further and look for new things because Altcoin is very much and our main goal here is to make a profit.
This is only a matter of the time and condition of the Crypto market which is the basis or the reason we invest in large or small amounts and consider the greedy word "OPPORTUNITY". Currently the market is better and of course this is the right time to start trading ALtcoin.
ZEIIMAN
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May 14, 2019, 06:21:16 PM
 #500

Nothing, you must always fix the profit. If you keep all the eggs in one basket, one day you can Wake up and stay only with the basket. And when investors understand this, they will begin to take profits.
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