Greed is bringing loss for traders

[Svarora]

I think the first time investor follow this approach.if you are experienced Then you realize how important it is to encash your profit.a one bad news make all your de RAM shattered in single day. Even when you are loosing money you must encargó your remaining investment.

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[Beccaman]

You should never be greedy in cryptocurrency, because losing profits is possible, I think experienced traders are not greedy, but newcomers should learn not to be greedy in the market.

[Uju4real]

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 ??

Hahhaha everyone is greedy and this applies to all spheres of life, when we have 1, we will want 2 and so on but my take on how to erase greed is to have a disciplined mindset and always remember to cash out at the right time

[chocopapaya]

nothing?
Are we obligated to help ignorant, greedy, irresponsible investors who we don't even know?
These type have very little effect on the market.
The vast majority of trading volume comes from whales, institutional investors, and long time crypto investors.

The fomo people are of little consequence.

But, we can learn a lot from them.
One of the ways that stock brokers make their money is by getting you to eternally invest.
Then they can just keep on racking in commision.

The idea of always investing and never cashing out is just some dream where others profit off of you.
You yourself need to get the money or the money will just be numbers in a wallet.

[KrakenZ]

As a trader who knows the movements and struggles in crypto currencies it is impossible to have a greedy attitude. But the greedy nature has become the nature of man, where when all of his needs are fulfilled, he is still seeking other satisfaction. That's human nature. We should be wiser in playing in crypto currencies. Greed will only lead to loss. If we are greedy there will be no one to help us when we fall. We should always be humble and always grateful for all achievements, especially in crypto currencies.

[Pamadar]

nothing?
Are we obligated to help ignorant, greedy, irresponsible investors who we don't even know?
These type have very little effect on the market.
The vast majority of trading volume comes from whales, institutional investors, and long time crypto investors.

The fomo people are of little consequence.

But, we can learn a lot from them.
One of the ways that stock brokers make their money is by getting you to eternally invest.
Then they can just keep on racking in commision.

The idea of always investing and never cashing out is just some dream where others profit off of you.
You yourself need to get the money or the money will just be numbers in a wallet.

Point is always accompanied by reality, if you can't afford to work with your knowledge, you'll be stucked and you won't be able to maximize those potential profits that you'll be able to accumulate, it's always depends from what we think about working inside this market and how we take those advantages.

[slashz9]

that is naturally think of human being greedy also good/bad, it depend on situation.
people always get lose when some coin pumping and they enter to buy that hope still can get profit but lose because their impatience.

[Korkorjkk]

When you are greedy, even what you have or have worked for will be taken away from you. To minimize the losses with crypto, whenever you make profit, you can withdraw your initial investment and reinvest the profit. If you make profit, you are good to go, but if you run at a loss, you will not be affected so much.

[Gabmot]

This isn't about greed now.. No wise investor will make investment to lose. We all do to make better returns on our investments. Looking to get $150 from 100 is just a normal investment plan. What of people that hope to make $1000 from the same $100?

[Ss4sukE]

nothing can be done to reduce the nature of greed in this industry except the awareness of each user. this trait is difficult to eliminate even attached to each of us. the most important thing for us as users is to be able to know how to generate profits correctly and avoid big losses.

[kalstarzz]

very true, that greedy nature will bring destruction to the traders. in trading we need to get rid of the traits that make us do things without calculation. when we trade using emotion, greed, and too haste, we will tend to make mistakes and this has been proven and must be avoided.

[Raymondavid47]

I don't think it's only traders that greed as brought loss to. Greed as brought loss to 'HOLDERS' too. My $3k turned to less than $1k because of greed. My $1k worth of Accelerator token turned to less than $100  because of greed. Greed is really a great problem in the crypto sphere.

[FlamingFingers]

It's inevitable that greed will continue to control most of traders mind set,  It's not that easy to overcome greediness when trading,  it only takes a pro trader to know when exactly to sell so as not to miss out from the moon bag

[Runbitup]

very true, that greedy nature will bring destruction to the traders. in trading we need to get rid of the traits that make us do things without calculation. when we trade using emotion, greed, and too haste, we will tend to make mistakes and this has been proven and must be avoided.

right, sometimes we want to get big profits and continue to hold our coins even though they have experienced a fairly high increase and finally we get nothing because the coin goes back down and doesn't go up again.
that is what many people often experience because they are not quite satisfied with the results they have got.

[jouns]

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 ??

Necessary must always use stop loss otherwise we can lose everything we have, and especially greedy traders are strongly recommended to use Traling stop.

[Tosyn2]

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 ??

Generally, human being tend to exhibit greediness when it comes to money issues. People who usually fall victim of the above scenario are high risk takers who are not satisfied with minimal profit but rather explore options for higher profit.

[baeva2]

Many new traders want to make a profit without having good experience, knowledge and patience. They want to quickly get big profits without focusing on the cryptocurrency market. Because of their greed, they often suffer losses and mental disorder.

[coinluisa]

That's true being greedy will bring you to nothing but of course some of them is successful because of this kind of doing. Being trader you can feel a excitement to your investment especially when you see that it's growing that's why sometimes greed will enter to that because you feel want more so can earn more profits. Being greedy have to faces sometimes is good and sometimes is bad.

[TKarollah]

That's true being greedy will bring you to nothing but of course some of them is successful because of this kind of doing. Being trader you can feel a excitement to your investment especially when you see that it's growing that's why sometimes greed will enter to that because you feel want more so can earn more profits. Being greedy have to faces sometimes is good and sometimes is bad.

if you feel enough, you must and don't be greedy because sometimes market movements don't always have to be good, so be careful when taking action.
if we follow the wishes, of course we want big results, but sometimes the conditions are not always good so don't be greedy, if greedy will bring misery.

[Dacosta Osei-Tutu]

Not all of us day traders. Some of us are actual long term holders so holding our coins even when the price is good for us to cash out doesn't mean we are greedy.