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Author Topic: Greed is bringing loss for traders  (Read 16041 times)
evenotto
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April 12, 2019, 11:14:38 AM
 #61

Yes it was, for me getting within 10% to 20% gain is enough profit. Dont be to greedy while trading it really kills your techniques. When there is a hype then go and right away then sell. Dont hold too long because thats normal cycle of crypto currency. Be professional dont be a kid anymore
Agree.
In general, according to my philosophy, if everything goes too well, something not good needs to happen.
That is, if all trades are constantly going in a plus, all the same for balance, several transactions will close in a minus. And so for all stuff

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April 12, 2019, 11:15:27 AM
 #62

This is human nature, often times we want to get the most out something which will eventually look as though one is been greedy, if you looking to sell higher instead of take decent profit when you can it might end up to be a loss because of market fluctuations, at the end of the day it all depend on individual perception and their ability to take risk, trading requires wisdom. 
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April 12, 2019, 11:15:31 AM
 #63

What can be done to ease greed amongst investors ??

There is nothing you can do to ease greed of investors.  It is their own desire, to get a huge return even though the chance is near to impossible.  The only thing that can teach them is their own experience and learning from it.  Realizing that it is better to have a realistic profit target  than to desire more that will more likely burn their investment.
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April 12, 2019, 11:37:31 AM
 #64

I did once has a coin made 1000x from ico and i waited for 5000x. As you can expect it didn't get to 5000x and it dropped a lot. I sold it and bought something else which also dropped a lot. Now, it seems that 1000x is returned the original value. If i weren't greedy much...

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April 12, 2019, 11:41:18 AM
 #65

sometimes when we are greedy The money that we earn on trading sometimes it became a stone. It should be that when we get the money that we expect we need to be satisfied by that or else this greediness will make us broke instead of making profit. we must have a self-discipline when we get enough profit let's be happy with that.

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April 12, 2019, 11:58:14 AM
 #66

Greed has cost a lot of us. Many of us would have done things differently if given the opportunity again. Many times you could have taken 5% or 10% profit but instead choose to hold and in the process get rekt.
Most people simply do not have a goal at what level to sell their coins , because of this, many traders lose money , there should always be a plan for which to follow !
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April 12, 2019, 12:02:14 PM
 #67

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 ??

From that illustration, those traders have big greed because he was expecting another big profit. We don't have to be like that because no one knows what next will happens to the market. So if you see the profit, then you need to sell your coins and take all the profit you can but don't sell all in one-time. I think if you are in the same situations, then I think you need to know how to control your greed because that will makes you lose the profit.

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April 12, 2019, 12:03:48 PM
 #68

Investors who has greedy minded always lose because they are not thinking well in terms of investing,they are looking only at the high price of coons now so they are rushing buying coins so they sell it once price goes up again.On the year 2018 a lot of investors and traders lose a lot of money because of over buying coins then market collapse then they cant recover their losses,so the lessons we learn is always be calm and make adjustments every Time.
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April 12, 2019, 12:04:19 PM
 #69

greedy with knowledge will be different from greed of fools, I think greedy is indeed human nature, but if greed is accompanied by knowledge it will be good energy in trading, but if greed is with ignorance then it will make them lose.

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April 12, 2019, 12:04:36 PM
 #70

I did once has a coin made 1000x from ico and i waited for 5000x. As you can expect it didn't get to 5000x and it dropped a lot. I sold it and bought something else which also dropped a lot. Now, it seems that 1000x is returned the original value. If i weren't greedy much...
With such increases is very large and now there are many coins or tokens to be more than just ico they are difficult, prices like ico alone are also not infrequently they have difficulty to be able
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April 12, 2019, 12:10:13 PM
 #71

Naturally, if an investor wants to make as much profit as possible, because a project requires initial funding from an investor who needs a lot of funds so the project can run



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April 12, 2019, 12:14:24 PM
 #72

To make huge profit from a particular project, holding for a very long time is needed but refusing to sell after making 50% is what I don't count as greed, selling too early most times due to small pumps later always result to regrets.

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April 12, 2019, 12:44:05 PM
 #73

I think greed brings both loss and gain, not just loss. My own terms of defining greed when it comes to trading is taking risks. No one will like to lose but strong willed traders like to take risks.
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April 12, 2019, 12:50:19 PM
 #74

You are very correct every investors and trader want to make 800% profit before the consider cashing out they profits but at the end the lose everything, in crypto you don't have to hold on too tith because if you get too greedy you may lost all your investment and at the end make negative comments about the coin you invest in.
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April 12, 2019, 02:02:45 PM
 #75

Greedy is the right step for investors who invest their funds in the long term. but it is too risky for traders because they play every day, with and large they are greedy and enter, while the market changes every day even in a matter of hours. and high increases always occur in the long run. so, greedy is best for investors.
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April 12, 2019, 02:16:41 PM
 #76

Greed is a terrible quality. I think that now the situation with traders will only get worse, because the market today is starting to really move upwards. The situation is clearly improving, but all this is clearly temporary.
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April 12, 2019, 02:23:36 PM
 #77

Greed is part of the game and it is one of thr most exciting things in Crypto though one needs to have its limits. The idea of turning your 100 usd to 1000 usd drives people more into cryptocurrency than any other things.

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April 12, 2019, 03:28:08 PM
 #78


What can be done to ease greed amongst investors ??
Contentment and satisfaction. That's probably the way to ease greed amongst investors. If they know how to be satisfied, they will settle for not that big, but a reasonable amount. However, it is in the human nature that people may never be truly satisfied on what they get, that's why disastrous things happen.

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April 12, 2019, 03:35:07 PM
 #79

To make huge profit from a particular project, holding for a very long time is needed but refusing to sell after making 50% is what I don't count as greed, selling too early most times due to small pumps later always result to regrets.
such pumps are very fast, so you need to place an order for sale immediately after purchase, so as not to miss the pump

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April 12, 2019, 03:41:35 PM
 #80

I would agreed that greed was never give any good for the individual traders who play in the market. Instead, it always gave a loss of capital investment for the investors. And most of the successful traders here in this business I am very much sure that they are not greedy people.
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