Greed is bringing loss for traders

[wesk1212]

Greed never adorns a person, and especially one who deals with money.  Therefore, traders suffer from the fact that they themselves can not stop.  It is necessary to have a measure in everything, then there will be a balance.

[1715212562]

1715212562

[1715212562]

1715212562

[1715212562]

1715212562

[1715212562]

1715212562

[1715212562]

1715212562

[Cacingkemi]

Greed never adorns a person, and especially one who deals with money.  Therefore, traders suffer from the fact that they themselves can not stop.  It is necessary to have a measure in everything, then there will be a balance.

Measure in everything like what? I personally think Balance is obtained if the person is not greedy, the way to stop from that is to be conscious and stop then set the strategy to trade again.

[Pithaxz]

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.

well maybe it can reduce a little loss if a trader is not too busy with greed. I've even experienced this in taking part in trade, being too ambitious and not satisfied with the profits in front of the eyes and finally ending up with big losses.

[leetcoiner]

Greed is a very bad feeling.  But from him nowhere is it.  Because as soon as you have more money you want more and more.  We are such greedy creatures.  And indeed it is.

[unbotak]

Greed is a very bad feeling.  But from him nowhere is it.  Because as soon as you have more money you want more and more.  We are such greedy creatures.  And indeed it is.

but there are those who are lucky to be greedy so in my opinion all depends on what coins we have.
if your coin is indeed quite potential and you are sure about it then you must be greedy if you want big profits.

[nikogluttonym]

The investor must set realistic goals that he must achieve when investing. Even if the coin grows further, he must sell when his goals are achieved.

[odeskpawan]

Most people new to the world of speculation and trading start defining trends with indicators and signals from the past. They don’t take the time to learn why trends begin, how trends move through time, and how they end.

Technical analysis is often used to show how easy it is to be successful in hindsight; however, the reality, for most, is different when they attempt to use a TA system in real time.

Read the full article here to make profit in the crypto world - https://www.altcoinsidekick.com/blog/top-ticked?SQF_PAGE=top-ticked

[Distinctin]

The investor must set realistic goals that he must achieve when investing. Even if the coin grows further, he must sell when his goals are achieved.

With greed, you cannot do that, people has greed and it's normal but some are successful because they know how to control their greed.
People are investing here waiting for the right timing that we call it as an opportunity, so when that opportunity comes and we don't pull the trigger, that's our loss and solely because of our own fault.

[take_off]

that true, being trader should know if pumping like 100% or more is something rare happend on crypto except there is good news that can bring that pumping. so better lower you target sell before do trading

Look at Matic, it doesn't have any good news in the last 10 days. But it has increased more than 10 times since May 10, this market is a volatile market, it operates not in the minds of investors. It's easy to earn money and vice versa

[ariyzt]

most of them wanna get instant rich without do much trade, get like 100% or 200 or more is possible , but that something rare happend. you need to be lucky for that

[martabaktelor]

Everyone has different strategies. If you decide to do short-term trades. Preferably if you have decided to buy coins. I hope the coin is always monitored about its movements. So you know if the coin is declining, so it can decide to sell the coin. And you don't have too much hassle.

[KennyR]

When one is new to the trading there is more and more risks associated with it, when one finds the way to get back some good profit out of the same automatically the greed gets along. Here users will risk big volume in the regard of expecting big profits. Here very few experience big loss while one with alternate plans minimize the loss.

[motienvolam]

It is hard to say that greediness brings losses to traders, and it is incorrect to say that. Greediness can bring losses or profits to traders. Why it can have two-sided effects like this? Because the key point, that determine traders get profits or losses with their greedy investments is time at which they enter market. Entering at safe price and good period of market after long accumulation and nearly the end of accumulation will help  traders and investors get profits with their greediness. In contrast, being greedily invested when price rocketed to high ranges most likely results in losses later. To sum up, it depends on time and entering price.

[lelylely]

Because it relates to profits, most people must have greed, and greed can indeed cause losses because basically greedy people only think big profits without taking into account losses.

[emmybd]

It is true that a lot of people have been investing in the crypto market in the hope that they would make huge profits in a very quick time, but instead of making profits they suffer losses. Things could have been different if they are content with a small profits.

[dataispower]

Greed is bad, but new traders usually learn the hard way after getting burnt on some occasions. It's advisable to set your sell order after your buy order is filled, setting stop loss too, then watch the market at intervals to know if you should adjust your price. This is preferable to waiting for the moon which will never come.

[javainn]

It is true that a lot of people have been investing in the crypto market in the hope that they would make huge profits in a very quick time, but instead of making profits they suffer losses. Things could have been different if they are content with a small profits.

big profits triggered them to continue to give up all of their capital, they thought it could increase profits many times over. so this is detrimental to traders, they must be more patient in terms of traders and in terms of looking for profit. avoid greedy things so you don't get caught up in losses

[lab rat hoax]

Hodlers and traders should have a calm, clear mindset to achieve their goals in crypto market. We should stay realistic, we should make smart decisions. Being greedy only can cause you to lose.

[Marcus yoyo]

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 ??

What you say is true that greed will only hurt us. As a wise crypto currency player, we should not have a greedy attitude. We must be clever in putting forward profits in accordance with the state of the crypto currency. We must always be real-minded and not have too high expectations that will only make us disappointed later. As a professional crypto currency player, we must have a minimum standard of profit and not set too high so that we keep thinking healthy without being ambitious.

[naruto7676]

Because of the greedy many have lost their investments in the year 2018 because they put all their investments into the projects they invested. Because of the hope and attraction of big profits and the opposite happened because the cryptocurrency market had fallen and many were losing because of it,And now i recommend you a project that we can recover losses you invest on their ICO and this project is the Dencoin tokens .